Base impact tops half billion dollars
By Staff Sgt. Keith Ballard, Minot Air Force Base Public Affairs
/ Published February 22, 2013
MINOT, N.D. --
Minot Air Force Base's economic impact was briefed to the Military Affairs Committee during the monthly MAC luncheon held at the Grand International Inn here, Feb. 7.
According to Maj. Jorge Jimenez, 5th Comptroller Squadron commander, the fiscal year total annual economic impact is estimated at a grand total of $522,573,623.
"We are proud of the support and cooperation we have with the city of Minot," Jimenez said.
The city of Minot and surrounding communities have seen a 22 percent growth in economic impact since 2008. Part of that growth can be directly attributed to the reactivation of the 69th Bomb Squadron on Sept. 3, 2009.
The base offers a total of 12,807 personnel comprised of active duty and their dependants, reservists, appropriated fund civilians, and non-appropriated fund contract civilians and private business.
The expenditures for construction, services and procurement of materials equipment and supplies for the base ran at a total of $114,827,147. The breakout of the construction, which included military construction, military family housing, operations maintenance and other miscellaneous categories, totaled to more than $58.5 million.
Services contracts accounted for more than $21 million.
Materials, equipment and supplies procurement for the commissary, Exchange, health, education, TDY, and other miscellaneous items not included elsewhere, totaled to more than $35 million.
Additionally Jimenez contended that approximately 2,124 additional indirect jobs were created in Minot with an estimated annual dollar value of more than $86.7 million for fiscal year 2012.
"Minot Air Force Base will continue to have a positive impact on the city of Minot and the surrounding communities," Jimenez said.