An economic analysis of State College of Florida, Manatee-Sarasota’s (SCF) impact on its service area shows that the college has a total annual impact of $432.4 million. The economic impact study analyzed operations, student spending and the effects of alumni to calculate an economic impact. The college spends about $51.6 million on operations in the community, helping to create 1,310 jobs. In 2015-16 the college employed 993 full-time, part-time and student employees, and 88 percent of those workers lived in the SCF service region. SCF’s payroll was $35.1 million and much of that was spent on living expenses in the two-county area.. The results of this study demonstrate SCF creates value from multiple perspectives. The college benefits local businesses by increasing consumer spending in the region and supplying a steady flow of qualified, trained workers. It enriches the lives of students by raising their lifetime earnings and helping them achieve their potential and SCF benefits state and local taxpayers through increased tax receipts and reduced demand for government-supported social services.

State College of Florida