1. Barton Community College FY 2012-13

4. Calculate initial sales generated in region Derive sales created by multiplier effects Convert results to income

5. College payrollIncome created by the spending of the college and its employees $11.7 million

6. Higher wages of former students + increased output of businesses Income created by the spending of students and businesses $82.4 million

7. ADDED INCOME IN REGION Effect of college operations Effect of worker productivity Total effect $11.7 million $82.4 million $94.1 million

9. Calculate benefits and costs to stakeholders Derive the future benefits stream Discount results to current-year dollars Determine net present value, benefit-cost ratio, and rate of return

10. Benefits = Greater job opportunities + higher lifetime income Present value of benefits Present value of costs Net present value (benefits minus costs) Benefit-cost ratio (benefits divided by costs) Rate of return Costs = Tuition and fees + books and supplies + forgone time and money $153.2 million$43.7 million$109.5 million3.514.3%

11. Benefits = Expanded economic base + savings related to improved health, reduced crime, and reduced unemployment Present value of benefits Present value of costs Net present value (benefits minus costs) Benefit-cost ratio (benefits divided by costs) Costs = State and local government funding $384.7 million$17.9 million$366.8 million21.5

12. Benefits = Added tax revenues + reduced demand for government services Present value of benefits Present value of costs Net present value (benefits minus costs) Benefit-cost ratio (benefits divided by costs) Rate of return Costs = State and local government funding $36.5 million$17.9 million$18.6 million 2.0 5.0%

13. Creates new income in the region Supports local jobs Sustains a skilled workforce Increases students’ lifetime income Expands the state’s economic base Improves quality of life Barton Community College

14. THE RESULTS OF THIS STUDY WERE PREPARED BY FOR A COPY OF THE REPORT, PLEASE CONTACT THE COLLEGE.