Image
  • Home
  • Contact

SURVEY BY PRIVATE COMPANY LIGHTCAST SAYS IN YEAR 2021-22 THAT YAVAPAI COMMUNITY COLLEGE ADDED A TOTAL OF $203.7 MILLION IN INCOME TO THE COUNTY ECONOMY

By R. Oliphant
Thursday, January 18th, 2024

Claims Community College programs supported 3,315 jobs (approximately one in every 33 jobs) in Yavapai County during that period

The Arizona Community College Coordinating Council engaged Lightcast, a private analytics firm, to conduct an economic impact study on state community colleges for the year 2021-22.  The results regarding employment and economic impact on Yavapai County were given to Yavapai Community College in a report dated  August 20, 2023. (Click here to read August document.) 

The report was later featured in a press release from  the Community College dated January 10, 2024. According to Lightcast’s report,  it found that Yavapai College added a total of $203.7 million in income to the County economy during that time. That figure includes the Community College’s multiple roles as major employer – with payroll and operational expenditures – and local investor ($1.3 million in construction investments), as well as the impact of Yavapai’s Community College students spending locally ($10.2 million) and Yavapai Community College’s-trained personnel in the workforce ($149.2 million). The combined value is equal to approximately 2.2% of Yavapai County’s gross regional product (GRP).

Lightcast estimated that Yavapai College and its programs supported 3,315 jobs (approximately one in every 33 jobs) in Yavapai County during that period. 

You may read the full press release from the Community College by clicking here.

Categories : ADMINISTRATION