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Report: SDCCD’s economic impact hit $5.7 billion last year

The San Diego Community College District’s economic impact hit $5.7 billion last year, up from $5.2 billion in 2013-14.

These numbers come from an analysis by Idaho-based Economic Modeling Specialists International, which looked at spending by the district on every level from payroll to construction.

The district’s economic impact is equal to 3.1 percent of the county’s gross regional product, according to the report.

The district employed 4,760 full-time and part-time faculty and staff in 2014, 95 percent of whom lived in San Diego County.

Total payroll was $237.2 million, much of which was spent in the region for food, clothing, housing and entertainment, while the overall impact of operations spending reaching more than $445 million.

Construction spending from voter-approved propositions S and N bonds was $64.8 million and created 875 jobs.

Additionally, taxpayers provided $334.5 million of state and local funding to the district. Reduced demand for government-funded social services yields a savings of $100.5 million.

SDCCD and its students invested $1.3 billion in students’ educations during 2014.

The Economic Modeling Specialists International report used a variety of data that included district academic and financial reports, along with industry and employment analysis from the U.S. Bureau of Labor Statistics and U.S. Census Bureau.

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