Final 2009 Presentation of the Ocala/Marion County Buy Local - Procurement Workgroup

1. Findings Report 4/9/09 Buy Local Procurement Work Group

4. The “Multiplier Effect” for Local Government $100 Local Spending = $45 Trickle Down Into EMPLOYMENT OPPORTUNITIES REAL ESTATE SALES & RE TAXES GASOLINE TAXES – SCHOOL TAXES INCREASED LOCAL RETAIL SPENDING LOCAL CHARITABLE SUPPORT INCREASED MUNICIPAL REVENUE $100 Out of Area Spending = $13 Trickle Down Into NO EMPLOYMENT OPPORTUNITIES NO REAL ESTATE & RE TAXES LESS GASOLINE TAXES – NO SCHOOL TAXES LESS LOCAL RETAIL SPENDING NO LOCAL CHARITABLE SUPPORT DECREASED MUNICIPAL REVENUE

15. And we now present our Findings Report to the Executive Committee of the Ocala/Marion County Chamber of Commerce Thursday, April 9, 2009 Work Group Recommendations