Photo By Scott Sturkol | Students in the Regional Training Site-Maintenance Tracked Vehicle Recovery Course...... read more read more
Subscribe
Fort McCoy’s total economic impact for fiscal year (FY) 2018 was an estimated $1.135 billion, close to the $1.18 billion reported for FY 2017, garrison officials announced.
The data was compiled by Fort McCoy’s Plans, Analysis and Integration Office.
Workforce payroll, operating costs, and other expenditures totaled $283.7 million for FY 2018 compared to $294.8 million for FY 2017.
A total of 2,469 personnel worked at Fort McCoy in FY 2018 — 1,466 civilians, 505 military, and 498 contract employees.
Approximately 75 percent of the workforce lives within Monroe County. The total FY 2018 workforce payroll for civilian and military personnel was $158.3 million.
FY 2018 operating costs of $110.1 million included utilities, physical plant maintenance, repair and improvements, new construction projects, purchases of supplies and services, as well as salaries for civilian contract personnel working at Fort McCoy.
Other expenditures accounted for $15.4 million and covered $506,995 in payments to local governments (including land permit agreements, school district impact aid, etc.) as well as $14.8 million in discretionary spending in local communities by service members at Fort McCoy for training.
Fort McCoy supported training for 148,733 personnel in FY 2018, which ran from Oct. 1, 2017, to Sept. 30, 2018. The training population included reserve- and active-component personnel from throughout the military.
Fort McCoy Garrison Commander Col. Hui Chae Kim said in November 2018 the installation continues to follow its motto as the “Total Force Training Center.”
“We truly are a Total Force Training Center,” Kim said. “We are the premier Army Reserve garrison installation that continues to advance our training facilities and support the warfighter to be more lethal. And that’s how I continue to see it.
“Training is priority No. 1,” he said. “We have the high level of transient training and a great emphasis on (supporting) training as well as constantly improving our training land and ranges, which are state of the art. We continue to take what we have in World War II wood, and we upgrade it and we advance and modernize. It’s just fantastic what’s going on here.”
A gross multiplier index (GMI) of 4.0 was used to determine the overall effect of the expenditures in the local economy.
The GMI measures the number of times a dollar turns over within a region and was developed by the University of Wisconsin-La Crosse.
Located in the heart of the upper Midwest, Fort McCoy is the only U.S. Army installation in Wisconsin. The installation has provided support and facilities for the field and classroom training of more than 100,000 military personnel from all services each year since 1984.
Learn more about Fort McCoy online at https://home.army.mil/mccoy, on Facebook by searching “ftmccoy,” and on Twitter by searching “usagmccoy.”
(Article prepared by the Fort McCoy Public Affairs Office.)
| Date Taken: | 04.02.2019 |
| Date Posted: | 04.02.2019 17:01 |
| Story ID: | 316700 |
| Location: | FORT MCCOY, WISCONSIN, US |
| Web Views: | 111 |
| Downloads: | 0 |
This work, Fort McCoy’s total economic impact exceeds $1.135 billion during fiscal year 2018, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright.
No keywords found.
