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City intern’s RIMS‑2 study finds Community Partner grants produce roughly $800,000 in local value and 11 jobs
Summary
A student-run RIMS‑2 economic impact analysis presented to the Laramie City Council estimated the city’s Community Partner grant program generated about $800,000–$850,000 in value added, roughly $400,000–$450,000 in additional wages and an estimated 11 jobs in Albany County from FY2024 funds.
An intern working with City Manager Janine Jordan told the Laramie City Council on Nov. 25 that an economic impact analysis of the city’s Community Partner grant program generated an estimated $800,000–$850,000 in value added in Albany County, roughly $400,000–$450,000 in higher wages, nearly $1 million in output and about 11 jobs.
The presenter, identified in the meeting as Samuel, said he used the Bureau of Economic Analysis RIMS‑2 regional input‑output model to translate grant spending into local economic multipliers and that the study examined FY2024 awardees. He described two measurement approaches: “type A” (the city dollars directly awarded) and “type B” (city dollars plus leveraged grant funds…
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