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Mar 7, 2014

Release Number: 1403-02

By:

Fort Drum Public Affairs

Fort Drum Releases 2013 Economic Impact Statement

Press Release

Release Number: 1403-02

March 7, 2014

Fort Drum Public Affairs

 

Fort Drum Releases 2013 Economic Impact Statement

 

Fort Drum, NY - Fiscal year 2013 marked significant investment by Fort Drum in Northern New York's economy.

 

A detailed review of Fort Drum's economic impact on the tri-county area over the last fiscal year shows $1,416,969,521 was leveraged in support of the 18,060 Soldiers and 19,151 Family members living here.

 

Since fiscal year 1988, this Army installation has infused more than $19,762,504,537 into the local economy.

 

"Our second-to-none training opportunities, Family support services and unparalleled community support are the drivers to the 10th Mountain's continued mission success here at Fort Drum.  The continued dedication of our civilian workforce, along with the patriotism of our surrounding communities allows Fort Drum to be more than a training and deployment

facility for the 10th Mountain Division, various Guard and Reserve Units and Joint Operations.  It is our home." said Colonel Gary A. Rosenberg, Garrison Commander.

 

Fort Drum is the largest employer in Northern New York with 18,060 Soldiers and 3895 Civilian workers (including contractors) with payrolls totaling $937,524,595.10 and $176,409,279.84 respectively.

 

Retirees from all military branches who live in the 136XX zip code number 2,615. They are paid a total of $4,355,000 a month ($52,260,000 a year) which flows into our local economy.

 

The total military, civilian, contractor and retiree payroll for FY13 was $1,168,245,874.94.

 

Fort Drum's financial impact during last fiscal year for area school districts was $48,606,183.32 in federal impact aid.  

 

Fort Drum is a major customer for construction companies and suppliers of goods and services worth $32,411,871. Companies located in the tri-county area received 62 of those contracts worth $2,614,974.44.

 

The 2013 Fort Drum Economic Impact Statement is available at this link:

 

http://www.drum.army.mil/SiteCollectionDocuments/FY13EIB.pdf



Media with inquiries regarding this press release should contact Public Affairs at 315-772-8286 or email julie.a.cupernall.civ@mail.mil.

 





Contact
 
Media Relations Officer
usarmy.drum.imcom-atlantic.mbx.pao@mail.mil
 
 
Telephone
315-772-7267
 
 
Main Office
Public Affairs Office
10012 S. Riva Ridge Loop
Fort Drum, New York
13602-5028
 
 
Telephone
(315) 772-5461
 
 
Fax
(315) 772-8295




Photograhy Release Information
 
Images on the Fort Drum Public Affairs Web site are cleared for release and are considered in the public domain. Request credit be given as "Photo Courtesy of Fort Drum Public Affairs" and credit to individual photographer whenever possible.


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