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Project Name: Economic Impact Study Update
Aviation Office Project Manager: Todd Cox
Consulting Firms (Prime and Sub-consultant, if applicable) Kimley-Horn

Start DateSaturday, October 15, 2016 Completion Date:  Monday, April 30, 2018
Project Description
In 2000, FDOT released their first economic impact study for airports as part of the Florida Aviation System Plan (FASP). Based on the success of the economic impact component at that time and the changing economic conditions in Florida, a standalone study was completed in 2010 and updated in 2014. An update to the Statewide Aviation Economic Impact Study is being completed to provide the latest available information on the impact of the State’s aviation industry on Florida’s economy as well as to make strategic planning and funding decisions. This information will be reported based on statewide impacts and for the individual public use airports. In addition, the economic impacts will also be reported by the FDOT Districts and, to be consistent with the current FASP development, a crosswalk will be provided to the Continuing Florida Aviation System Planning Process (CFASPP) and the Florida Economic Development Council (FEDC) regions. This Study will focus on factors that impact aviation economic activity such as employment, industry trends, air freight, and population. In addition, the overall role of aviation in supporting the state’s economy will be reported at the statewide, regional, and local levels. To discuss some of the very unique aspects of Florida’s aviation role in the State’s economy, case studies will be developed. These will include both commercial service and general aviation examples. Jobs, payroll, and economic activity will be calculated for each public-use airport in this study. Based on the analysis of this study, the direct, indirect, and induced impacts will be developed resulting in the total economic impacts for aviation in the Florida. New to this study will be the creation of an Economic Impact Communication Toolkit that can be used to assist airports and airport sponsors with communicating the results of the study related to their facilities. The update to the study should be complete in May of 2018.
Current Status (as of Tuesday, March 14, 2017)
An update to the 2014 Statewide Aviation Economic Impact Study is being completed to provide the latest available information on the impact of the State’s aviation industry on Florida’s economy as well as to make strategic planning and funding decisions. This information will be reported based on statewide impacts and for the individual public use airports. In addition, the economic impacts will also be reported by the FDOT Districts and, to be consistent with the current FASP development, a crosswalk will be provided to CFASPP and the Florida Economic Development Council (FEDC) regions. The overall role of aviation in supporting the state’s economy will be reported at the statewide, regional, and local levels. To discuss some of the very unique aspects of Florida’s aviation role in the State’s economy, case studies will be developed. Included in this study will be an Economic Impact Communication Toolkit that can be used to assist airports and airport sponsors with communicating the results of the study related to their facilities. For more information, please contact Todd Cox, FDOT’s Aviation Program Development Manager, at (850) 414-4510 or Todd.Cox@dot.state.fl.us.
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