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Economic Impacts Brief: The Economic Development Return on Public Investment in Indian River County <br />............................................................................................................................................................................................................................ <br />Indian River County residents and taxpayers. Household Income is the best <br />measurement to assess the return to local residents from economic development <br />efforts and incentives provided to companies that demonstrate agreed job <br />creation and/or performance results. <br />® The EDROI to the County is over 15x when both the resulting fiscal revenues and <br />increases in Household Income are taken into account from investments made to <br />the Indian River County Chamber of Commerce to facilitate the attraction, <br />retention and expansion of targeted companies and the paid performance-based <br />incentives by the County. <br />® In conclusion, the economic development activities and the performance-based <br />incentives generate substantial economic impacts for County residents and <br />taxpayers. The majority of the impacts and jobs that are generated occur in high - <br />wage occupations, and therefore, are important to the present and future <br />economic vitality of the County. <br />................................................................................................................................................................................................................. <br />The Washington Economics Group, Inc. (WEG) Page 12 <br />7•A <br />