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HomeMy WebLinkAboutAGENDA REPORT 2011 0316 CC REG ITEM 09A ITEM 9.A. GI i v OF MOORPARK,CALIFORMA City Council Meeting of a3-/lo o?O // ACTION:— Consider Presentation on the Economic Impact Study of the Boys and Girls Clubs in Ventura County. Verbal Presentation No Staff Report i ITEM 9.A. Summary of the Economic Impact Study for Boys and Girls Clubs in Ventura County Every day,thousands of young people throughout Ventura County attend various Boys&Girls Club locations. The parents of these young people depend on the clubs as a safe, nurturing,and cost-effective environment for their children. Nevertheless,the value of the Boys&Girls Clubs in Ventura County extends beyond the direct benefits received by parents and club members. The regional community enjoys a private/public funded service that keeps youths positively engaged and out of trouble in the afternoon and early evening. While it is easy to appreciate the good work of the clubs in qualitative terms, it requires additional analysis to understand the monetary and economic value of the organization in the community.At first glance the clubs can be praised for the social benefits that they create in the region. However, by digging deeper,it becomes readily apparent that the clubs create tremendous economic value in the community. This report provides an exhaustive enumeration of the many ways in which the Boys&Girls Clubs create economic value. Many of these impacts include"positive externalities."As a non- profit organization,the clubs provide services directly and indirectly to various community stakeholders.These services are provided without remuneration but they nevertheless have value for those that benefit from the club.There are three primary beneficiaries of the club: club members,the parents of club members,and the community. Club members receive perhaps the greatest benefit of all from their participation in the clubs. When compared with their peers who do not attend the club,club members are more likely to graduate from high school and less likely to engage in risky behaviors resulting in juvenile detention or teenage motherhood.The exact mechanisms by which club members outperform their peers are uncertain. But the consistency of the trend suggests that membership in the clubs may play a vital role in explaining the behavior patterns of the group. By having access to a safe and nurturing environment,these youths avoid negative influences. Moreover,special services provide additional support to club members. For instance,tutoring programs at some club sites gives club members a competitive edge in school. Damooei Global Research Page 1 While club members receive the most from their participation,others benefit as well. For instance, parents of club members are able to be more productive since they do not have to supervise their children after school. Many parents are able to work or pursue further education as a result of the services provided by the Boys&Girls Clubs. Many of these benefits to parents,club members,and the community have an economic value. Using data collected through stakeholder surveys and a review of publicly available information, this report places a monetary value on many of these benefits.The value of all these economic benefits is simply tremendous.This report focused on the following mechanisms through which the Boys&Girls Clubs in Ventura County create economic value in the region: • Total employment and income impact of the clubs through its annual expenditure including both operational and capital budgets. • Impact of better education through higher graduation rates among youth who attend the clubs on a regular basis as opposed to others who do not benefit from such services within the same socio-economic population in the same region. • Lower teen pregnancy and motherhood rates which create an economic benefit. • Impact of clubs'enrichment programs that enable youth to resolve conflicts and become more peaceful with their own peers and others in their communities.This is measured by considering reductions in youth crime rates and the savings that it generates in the community. • Learning healthy living and its impact in reducing obesity and related disease that leads to lower productivity and an increase in long-term chronic diseases. • The impact of clubs programs to allow parents to attend school in order to upgrade their skills and reach a higher level of productivity in the economy. • Strengthening and promoting volunteerism in the region. For nearly all of these benefits,a monetary value was calculated.A summary of the analysis is presented below and categorized by the nature of the economic impact.Sections two and three of this report present the methodology developed and data used to calculate these values. High School Graduation Rates As a club member,a student is given a safe and nurturing after-school environment in which they can be free of distractions that can divert them from their academic pursuits. Moreover, Damooei Global Research Page 2 various club locations provide special services such as homework assistance programs or tutoring that can allow club members to have a competitive advantage in school. It is hard to put a monetary value on being a "better student." However,the culmination of one's academic abilities is manifested by the level of education attained by an individual; specifically,whether or not a student can complete high school.As such, in order to calculate the monetary value of improvements in the academic life of students,this report compared the graduation rates of club members with their peers in school who do not participate in the clubs. The results are as follows: Percentage of Percentage of Additional Number Total Annual Increment Total work-life Students Passing Sample of Seniors of Students Passing in Annual Wage and increment in earning CAHSEE in Ventura Attending clubs CAHSEE in clubs in salary Made Due to due to higher rate of County Passing CAHSEE Comparison Higher High School passing CAHSEE of Graduation club members 70% 97% 11 $106,586 Per Year $3,045,306 Lifetime Gain from Higher High School Graduation Rate and Its Multiplier $18.0 mil cost $3.0 mil benefit 0.17 times Reduction in Teenage Motherhood Teenage motherhood can cause a myriad of problems in the life of a young person.The difficulties that it can create are costly both for the teen mother and the taxpayer through social programs that assist such young mothers.As such,any program that can reduce the likelihood of teenage parenthood will create a positive economic impact both for the potential parents and society. Damooei Global Research Page 3 The first layer of economic benefit considered is the reduction of burdens on social programs that are provided by the state to teenage parents.The benefits are as follows: Approximate Rate of teen Rate of teen Total number of Estimated cost Total costs saved number of teenage childbirth in a childbirth reduction in teen of a teenage to tax payers due girls between ages comparative among girls childbirth due to child birth to tax to positive of 13 and 19 community in ages 13 to positive payers in the influence of attending the Boys lives per 19 who influence of State of clubs &Girls Clubs for thousand attend the clubs California in more than 3 days a Boys&Girls 2010 week Clubs 2028 31.24 0.00 63 teens saved $4,896 $308,448 Annually Teenage mothers bear the greatest costs due to their decisions. Specifically,teenage mothers have been found to earn less over the course of a lifetime than their peers who avoid early parenthood.The economic benefit of avoiding these long-term costs is as follows: Approximate Rate of teen Rate of teen Total number of Cost Saving for Total lifetime number of teenage childbirth in a childbirth teen childbirths the society in the savings of girls between ages comparative among girls averted due to lifetime of a economic cost of of 13 and 19 community in ages 13 to positive teenage mother mothers with attending the Boys lives per 19 who influence of (under 20 years less than 20 &Girls Clubs for thousand attend the clubs of age) years of age due more than 3 days a Boys&Girls to influence of week Clubs Boys&Girls Clubs 2028 31.24 0.00 63 teens saved $202,989 $12,788,307 Damooei Global Research Page 4 Lifetime Saving from Prevented Teen Pregnancies & Births and Its Multiplier: 1 mil cost benefit 0.71 times juvenile Crime Prevention Crime is costly. When a crime is committed,society and the victims bear a very high price through the cost of the harm itself and the costs to the criminal justice system that has to prosecute and manage the criminals.Juvenile crime,in particular, burdens the criminal justice system due to the fact that its prosecution and management have a more rehabilitative focus. As such, programs that can prevent such crime are creating a positive economic benefit through the cost-savings that they create for society. Those who attend the Boys&Girls Clubs are in a safe environment after school away from temptations that can lead to criminal activity. Moreover,the greatest proportion of juvenile crime has been found to occur during the hours of Boys&Girls Clubs'operation.The economic benefit of reduced juvenile crime amongst club members is presented below: Total number of Annual cost of Annual cost of juvenile Total saving per year for the Juveniles saved from juvenile crimes per arrested at 45%of total state of California due to Arrest person California cost per crime. impact of clubs 264 $ 180,000 $81,000 $21,384,000 Damooei Global Research Page 5 Saving from Reducing Juvenile Crime Expenses and Its Multiplier: benefit$18.0 mil cost $21.4 mil 11 W 44 Improved Parental Income and Productivity The vast majority of parents whose children attend the Boys&Girls Clubs are working parents in the community. Without the Boys &Girls Clubs to supervise their children after school, many would have to reduce their own work and income.This loss of income hurts the parent and the community who loses their productivity.The economic impact of helping these parents to continue working is presented below: Total number Percentage of Total number of Average per Total annual of families families who parents who annum gain additional served by all have at least one have directly from keeping an earnings to Boys and Girls parent who benefited average job by families of Clubs in believes that through parents of club members Ventura County sending their keeping their members because of children to the jobs and being sending their clubs was the able to work. children to Boys reason for and Girls clubs in him/her to be Ventura County able to work and keep a job 12,843 37.5% 4,816 $30,054 $144,740,064 Damooei Global Research Page 6 Improved Parental Earnings and Its Multiplier: : / mil cost $144.7 mil benefit 8.04 times Economic Impact of Clubs' Operational and Capital Expenditures In the midst of considering the impact of services provided by the clubs, it is easy to forget that the clubs are an organization that take in revenue and spend money to provide its services. The combined budgets of all the Boys&Girls Clubs in Ventura County for capital and operational expenditures total nearly$18.0 million.These expenditures support jobs both within the organization and beyond in companies that provide services to the clubs. The economic impact of these expenditures in Ventura County for the most recent fiscal year available is as follows: Direct Indirect Induced TOTAL Output Impact $17,960,371 $5,008,769 $4,965,451 527,934,592 Indirect Business Tax Impact $151,739 $216,855 $341,995 $710,589 Employment Impact 356.8 34.4 37.7 428 9 Employee Proprietary Household Indirect Tax Impact Compensation Income Expenses Enterprises Business Tax TOTAL $1,154,329 $47,096 $1,314,419 $717,536 $677,109 $3,910,490 The impact is amplified when considered on the state level, below: Direct Indirect Induced TOTAL Output Impact $17,9W,371 $6,347,198 $7,058,050 $31,36S,620 Indirect Business Tax Impact $149,950 $249,476 $423,098 $822,524 Employment Impact 377.9 37.1 47.2 4622 Employee Proprietary Household Indirect Tax Impact Compensation Income Expenses Enterprises Business Tax TOTAL $1,284,532 $50,999 $1,392,730 $776,796 $784,837 $4,289,892 Damooei Global Research Page 7 Value of Volunteer Labor Volunteers have an important contribution in every economy.The economic value that they generate is not any less significant than the monetary contribution of other philanthropic giving. The easiest way to see this contribution is to assume that the value added of their work is a direct contribution to the organization for which they volunteer to work. Indeed their work enables an economic activity to move forward when an organization faces budgetary problems. Although they do not receive any monetary compensation for their work,the volunteers allow the institution to retain their paid workers and at times hire additional workers. The impact in terms of creation of economic value is just the same as if these jobs were paid. Economists consider their impact as an equivalent to output generation.As for job creation one can assume that the duties of the job are performed with direct financing of those jobs by the volunteers. This work makes cautionary note about the separation of direct employment gains in terms of paid or unpaid in where the impacts are reported and discussed. The economic impact of volunteer labor in Ventura County is as follows: Direct indirect Induced TOTAL output impact 5677,519 $188,987 $187,146 $1,0S3,6S2 indirect Business Tax Impact $5,618 $8,172 $12,890 $26,680 Employment Impact 13.5 1.3 1.4 16.2 Employee Proprietary Household Indirect Tax Impact Compensation Income Expenses Enterprises Business Tax TOTAL 543,S28 $1,767 $49,540 $27JS8 $2S,422 $147,416 On the state level,the economic impacts are as follows: Direct Indirect Induced TOTAL Output Impact $657,836 $232,536 $258,270 $1,148,642 Indirect Business Tax Impact $5,384 $9,132 $15,482 $29,998 Empkryment Impact 13.9 1.4 1.7 17 Employee Proprietary Household Indirect Tax Impact Compensation Income Expenses Enterprises Business Tax TOTAL $47,033 $1,856 $50,963 $28,536 $28,623 $157,012 Damooei Global Research Page 8 Contribution to Regional Output and Its Multiplier: 1 mil cost • i mil benefit 1.61 times -7i The Final Picture Showing the Overall Measurable Economic Impact: Taken separately,each of these economic impacts is impressive on its own. However,when the economic impacts are summed together,the results are all the more impressive. This study shows that for every$1 spent by the Boys &Girls Clubs in the Ventura County the economy receives$ 11.72 back in terms of positive economic impacts for the community.This tremendous rate of return is a testament to the vital role the Clubs play in shaping the lives and futures of Club members and their parents. Beyond the value of social services provided by the Clubs,The Boys &Girls Clubs within Ventura County stimulate the economy through their budgetary expenditures and volunteer programs. Just like a private business, Boys&Girls Clubs in Ventura County spend money on payroll and suppliers,thereby helping to stimulate the economy.Volunteers also further this productive capacity through a donation of labor that has similar productive qualities as a monetary donation. Damooei Global Research Page 9 Very Important I)r►z ,mqua►iW1. ,Ae Iml)a(:ts of Organization In addition to the variables for which we were able to calculate specific monetary values,there are several areas where dollar estimates of the impacts were not calculated but for which there are significant economic implications. Nutrition and physical exercise can help youths remain healthy. Many youths across the country who have poor nutrition and lack sufficient physical activity are overweight and obese.As a result of this they face serious medical concerns that can be very costly. The Boys&Girls Clubs in Ventura County encourage physical exercise and good nutrition through their routine programs.The student survey found that a significant proportion of students report that they are losing weight as a result of participation in the clubs.The results are as follows: Damooei Global Resew c Page 10 Total number of youth Percentage of club members Estimated number of club served in all the Boys and who have experienced loss of members who experienced Girls Clubs in Ventura County weight through participation in loss of weight Boys &Girls Clubs activities 22,638 28.9% r6,542 Another benefit for which a specific monetary value could not be found is the impact of the club on parents' educational attainment. While some parents work while their children are in the after school program,others try to upgrade their skills through formal programs.Such activity can allow the parents to become more productive and eventually earn more in better professional positions. Due to a lack of published data, a specific monetary value could not be placed on this benefit; the below table presents data on the number of parents who are upgrading their skills as a result of the Boys& Girls Clubs. Total number of families entage of families that at Total number of parents served by all the Boys and least one member believes that who have directly I Girls Clubs in Ventura senQing their children was the benefited through County reason for him/her to be able upgrading their skills to study and upgrade his/her skill i i 12,843 13.0% 1,670 i Damooei Global Research Page 11