!

Economic!Impacts!of!!
National!Monument!Designation!
Chimney!Rock,!Colorado!

!
FINAL!REPORT!
FINAL!REPORT!
June!15,!2012!

Economic!Impacts!of!National!Monument!Designation!
Chimney!Rock,!Colorado!
!
!
Prepared!for!
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Table of Contents
Executive Summary ..................................................................................................................................... 1

Background and Methodology .................................................................................................................... 3

Current Economic Conditions ...................................................................................................................... 9

Operational and Visitation Spending ........................................................................................................ 10

Spending Flow Model ................................................................................................................................ 13

Total Economic Impacts Annual Operations and Visitation .................................................................. 15

National Monument Designation .............................................................................................................. 17

Fiscal Impacts............................................................................................................................................. 20

Other Economic Impacts ........................................................................................................................... 22

BBC R ESEARCH & C ONSULTING i

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Executive!Summary! PAGE!2!

Figure!1.!
Total!Annual!Economic!ImpactOutput!($2012)!

Current!
Non"Local!
Visitation Year!1 Year!3 Year!5

Total!Visitors !!!!!!!!!!!!9,720 !!!!!!!!! 11,664 !!!!!!!!! 15,552 !!!!!!!!!!!! 19,440

Direct!Economic!Impact $!!!!!!!848,015 $!!!!1,083,309 $!!!!1,527,525 $!!!!!1,722,403

Secondary!Economic!Impact $!!!!!!!365,936 $!!!!!!!450,174 $!!!!!!!639,162 $!!!!!!!!711,359
Total!Economic!Impact $!!!!1,213,950 $!!!!1,716,547 $!!!!1,983,622 $!!!!!2,433,762

Incremental!Economic!Impact $!!!!! 502,597 $!!!!! 769,672 $!!! 1,219,812

!
Source:!BBC!Research!&!Consulting,!based!on!IMPLAN!Regional!Input"Output!Modeling!System.!
!
!
Figure!2.!
Total!Employment!ImpactEmployment!

Current!
Non"Local!
Visitation Year!1 Year!3 Year!5

Total!Visitors 9,720 11,664 15,552 19,440

Direct!Economic!Impact 13.6 16.1 21.0 25.9

Secondary!Economic!Impact 3.3 4.0 5.2 6.3
Total!Economic!Impact 16.8 20.1 26.1 32.2

Incremental!Economic!Impact 3.3 9.3 15.4

!
Source:!BBC!Research!&!Consulting,!based!on!IMPLAN!Regional!Input"Output!Modeling!System.
Background!and!Methodology! PAGE!3!

Background!!
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Figure!3.!
Chimney!Rock!Location,!Archuleta!County!

Source:! BBC!Research!&!Consulting,!2012.!

!
Background!and!Methodology!
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Background!and!Methodology! PAGE!8!

Figure!4.!
La!Plata!County!and!Archuleta!County!Regional!Map!

Source:! BBC!Research!&!Consulting,!2012.!
!

! !

!
Current!Economic!Conditions! PAGE!9!

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%'!?@3@!H#,!_A@M:M@@L!)81!C+*1#+!&-!]#O&*!#'G!J$#$%,$%/,!TC]JU! >8%P'1I!D&/S!#''+#((IL!9GG%$%&'#(!%'-&*P#$%&'!R*&2%G1G!OI!>DW9!
*1R&*$,!$8#$!%'!?@3@!$8*&+<8!?@3?!$81!#21*#<1!+'1PR(&IP1'$! #'G!ZJYJ!%'G%/#$1!$8#$!&-!$8%,!2%,%$#$%&':!33!R1*/1'$!#*1!'&'K(&/#(!
*#$1!H#,!3@!R1*/1'$:!H8%/8!%,!,(%<8$(I!8%<81*!$8#'!$81!'#$%&'#(!*#$1! G#I!+,1*,:!?F!R1*/1'$!,$#I!%'!8&$1(,!#'G!M3!R1*/1'$!#*1!/#PR1*,L!
&-!+'1PR(&IP1'$!H8%/8!%,!#O&+$!F!R1*/1'$LF! ]&G<1*,!#'G!/#PR1*,!#*1!1NR1/$1G!$&!,$#I!&'1!'%<8$!(&/#((I!$&!2%,%$!
>8%P'1I!D&/SL!
)81!?@3@!ZLJL!>1',+,!*1R&*$,!$81!$&$#(!R&R+(#$%&'!&-!]#!0(#$#!
>&+'$I!%,!63:@@@L!J%'/1!?@@@!$81!R&R+(#$%&'!8#,!<*&H'!OI!#O&+$! Figure!5.! Percent!of!
Current!
3M!R1*/1'$L!!=k]9!*1R&*$,!$8#$:!(%S1!9*/8+(1$#!>&+'$I:!$81!$&+*%,P! Annual!
Visitation Visitation
,1/$&*!/&PR*%,1,!#O&+$!?B!R1*/1'$!&-!1PR(&IP1'$L!C^9!*1R&*$,! Visitation!!
Non"Local!Day!Users !!!!!1,320 11%
$8#$!]#!0(#$#!>&+'$I!R1*!/#R%$#!R1*,&'#(!%'/&P1!%,!#O&+$!_M?:B@@L!!
Source:! Lodgers !!!!!3,480 29%
)81!9>J!*1R&*$,!$8#$!$81!P1G%#'!2#(+1!-&*!#!8&P1!%'!?@3@!H#,!
CRIA!and!USFS.! Campers !!!!!4,920 41%
#O&+$!_AMA:M@@L!)81!C]J!*1R&*$,!-*&P!?@3@!$&!?@3?:!$81!#21*#<1!
Local!Day!Users !!!!!2,280 19%
+'1PR(&IP1'$!*#$1!%'!]#!0(#$#!/&+'$I!H#,!#O&+$!4!R1*/1'$!#'G!%,!
(&H1*!$8#'!$81!'#$%&'#(!+'1PR(&IP1'$!*#$1L!3@! Total!Annual!Visitation !!!12,000

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!
F!! !ZLJL!C+*1#+!&-!]#O&*!#'G!J$#$%,$%/,L!Employment!Status!of!the!Civilian!
Noninstitutional!Population,!1940s!to!DateL!;1OL!
h8$$RdiiHHHLO(,L<&2i/R,i/R,##$@3LRG-jL!
3@!! g9*/8+(1$#!>&+'$I!#'G!]#!0(#$#!>&+'$ILg!American!FactFinderL!
h8$$Rdii-#/$-%'G1*?L/1',+,L<&2i-#/1,i'#2iV,-iR#<1,i%'G1NLN8$P(jL!
! gColorado!Department!of!Local!AffairsL!
h8$$RdiiHHHL/&(&*#G&L<&2i/,iJ#$1((%$1i=k]9K7#%'i>Ck"i3?6365FB4?56?jL!
! gZLJL!^/&'&P%/!9//&+'$,Lg!U.S.!Bureau!of!Economic!Analysis!(BEA)L!
h8$$RdiiHHHLO1#L<&2i%'G1NL8$PjL!

!
Operational!and!Visitor!Spending! PAGE!10!

[%,%$&*!1NR1'G%$+*1,!H1*1!/#R$+*1G!%'!#!?@@5!,$+GI!OI!DD>! Figure!6.!
Projection!of!Visitation!Growth!Rate!
9,,&/%#$1,L!!W'!$8#$!,$+GI:!0#<&,#!JR*%'<,!#*1#!2%,%$&*,!H1*1!
,+*21I1G!#'G!#,S1G!$&!1,$%P#$1!$81%*!R#*$I`,!$&$#(!1NR1'G%$+*1,! Expenditures
R1*!G#I!G+*%'<!$81%*!,$#IL!![%,%$&*,!H1*1!#,S1G!#O&+$!$81%*!,R1/%-%/!
,R1'G%'<!&'!(&G<%'<:!G%'%'<:!*1$#%(!R+*/8#,1,33!#'G! Lodgers!Per!Capita!Expenditures

*1/*1#$%&'i1'$1*$#%'P1'$3?L!C#,1G!&'!1NR1'G%$+*1,!%'!#((! Accommodations $!!!!!!80

/#$1<&*%1,:!&21*'%<8$!2%,%$&*,!&'!#21*#<1!,R1'$!#RR*&N%P#$1(I! Dining $!!!!!!24
_3M4!R1*!R1*,&'!R1*!G#IL3A!! Retail!Purchases $!!!!!!20
Recreation/entertainment $!!!!!!23
9!O*1#SG&H'!,8&H,!$8#$!&'!#21*#<1:!&21*'%<8$!2%,%$&*,!,R1'G!_5@! Total $!!!147
&'!#//&PP&G#$%&',s!_?M!&'!G%'%'<s!_?@!&'!*1$#%(!R+*/8#,1,s!#'G!
Campers!Per!Capita!Expenditures
_?A!&'!*1/*1#$%&'!#'G!1'$1*$#%'P1'$L!.&H121*:!$&+*%,$!,R1'G%'<!%,!
(#*<1(I!G*%21'!OI!2%,%$&*,`!#//&PP&G#$%&',:!#'G!2%,%$&*!,R1'G%'<! Accommodations $!!!!!!!!5
R#$$1*',!2#*I!O#,1G!&'!#//&PP&G#$%&'!$IR13ML!!)&!#//&+'$!-&*! Dining $!!!!!!12
G%--1*1'$!2%,%$&*!$IR1,!T1L<L!(&G<1*,:!'&'K(&/#(!G#I!+,1*,!#'G! Retail!Purchases $!!!!!!10
/#PR1*,U:!CC>!P#G1!#GV+,$P1'$,!$&!$81!,+*21IKO#,1G!2%,%$&*! Recreation/entertainment $!!!!!!23
Total $!!!!!!50
,R1'G%'<!G#$#L!!
Non"Local!Day!Users!Per!Capita!Expenditures
CC>!#GV+,$1G!$81!,+*21I!G#$#!G&H'H#*G!$&!O1$$1*!#RR*&N%P#$1!
Accommodations $!!!!"
$81!,R1'G%'<!/8#*#/$1*%,$%/,!&-!/#PR1*,!#'G!'&'K(&/#(!G#I!2%,%$&*,L!
Dining $!!!!!!12
>#PR1*,`!#'G!'&'K(&/#(!G#I!+,1*,`!*1$#%(!#'G!G%'%'<!R+*/8#,1,! Retail!Purchases $!!!!!!10
H1*1!*1G+/1G!OI!6@!R1*/1'$!O1/#+,1!&-!1NR1/$1G!,8&*$1*!$%P1,! Recreation/entertainment $!!!!!!10
,R1'$!%'!0#<&,#!JR*%'<,L!"&'K(&/#(!G#I!+,1*,`!*1/*1#$%&'! Total! $!!!!!!32
1NR1'G%$+*1,!H1*1!*1G+/1G!$&!_3@:!H8%/8!%,!$81!/&,$!&-!#!$&+*!#$!
Source:! BBC!Research!&!Consulting!from!information!provided!by!RRC!Associates.!
>8%P'1I!D&/SL!CC>!#,,+P1G!$8#$!#((!&21*'%<8$!2%,%$&*,!H&+(G!
!
,R1'G!&'1!'%<8$!%'!$81!*1<%&'!$&!2%,%$!>8%P'1I!D&/SL!9'I!
#GG%$%&'#(!'%<8$,!,R1'$!%'!$81!*1<%&'!H&+(G!O1!-&*!&$81*!R+*R&,1,L!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!
33!! D1$#%(!R+*/8#,1,!P#I!%'/(+G1!%$1P,!,+/8!#,d!,+'G*%1,:!218%/(1!-+1(:!,&+21'%*,:!1$/L!
3?!! D1/*1#$%&'i1'$1*$#%'P1'$!P#I!%'/(+G1!%$1P,!,+/8!#,d!O%S1!*1'$#(,:!8&$!,R*%'<,!
#GP%$$#'/1:!$&+*,:!1$/L!
3A!! DD>!9,,&/%#$1,:!A4L!
3M!! )81!DD>!,+*21I!G#$#!H1*1!O#,1G!&'!,R1'G%'<!R#$$1*',!&-!2%,%$&*,!(&G<1G!%'!
/&PP1*/%#(!#//&PP&G#$%&',L!

!
Operational!and!Visitor!Spending! PAGE!11!

Z,%'<!$81,1!1,$%P#$1,:!&21*#((! Figure!7.!
Chimney!Rock!Current!Direct!Visitor!Expenditures!per!Year!
>8%P'1I!D&/S!#''+#(!2%,%$&*!
,R1'G%'<!%,!1,$%P#$1G!$&!O1!#O&+$!
_5@@:@@@L!!Y%<+*1!4!,8&H,!$81!
/#(/+(#$%&'!&-!(&/#(!G%*1/$!2%,%$&*!
1NR1'G%$+*1,!#,,&/%#$1G!H%$8!
>8%P'1I!D&/SL!

Source:! BBC!Research!&!Consulting!from!information!provided!by!CRIA,!USFS!and!RRC!Associates.!
!

!
Operational!and!Visitation!Spending! PAGE!12!

Annual!Operations!! Total!Operational!and!Visitor!Spending!
>8%P'1I!D&/S!#(,&!R*&2%G1,!1/&'&P%/!O1'1-%$!$&!$81!/&PP+'%$I! >&PO%'%'<!#''+#(!G%*1/$!&R1*#$%&'#(!,R1'G%'<!OI!$81!ZJYJ!H%$8!
$8*&+<8!&'<&%'<!G%*1/$!&R1*#$%'<!1NR1'G%$+*1,L!]&/#(!,R1'G%'<! #''+#(!2%,%$&*!1NR1'G%$+*1,!I%1(G,!#!/&PO%'1G!#''+#(!1/&'&P%/!
OI!Y1G1*#(!#<1'/%1,!%,!/&',%G1*1G!b'1Hc!P&'1I!%'!$81!1/&'&PIL! ,$%P+(+,!&-!'1#*(I!_3!P%((%&'!R1*!I1#*L!!

ZJYJ!1,$%P#$1,!$81%*!#''+#(!&R1*#$%'<!O+G<1$!$&!O1!#O&+$! Y%<+*1!F!R*&2%G1,!#!,+PP#*I!%((+,$*#$%&'L!!
_?@@:@@@!TY%<+*1!5UL!)81,1!-+'G,!/&21*!,$#--s!R+*/8#,1,!&-!
Figure 9.!
&R1*#$%'<!,+RR(%1,:!P#$1*%#(,!#'G!,1*2%/1,!'1/1,,#*I!-&*!*&#G!#'G! Chimney!Rock!!!
$*#%(!P#%'$1'#'/1s!'#$+*#(!*1,&+*/1!P#'#<1P1'$s!8#O%$#$! Annual!Economic!
*1,$&*#$%&'s!#'G!&$81*!#/$%2%$%1,L! Stimulus!
Source:!
>DW9!#(,&!R#*$%/%R#$1,!%'!,%$1!&R1*#$%&',:!O+$!%$,!1/&'&P%/!%PR#/$,! BBC!Research!&!Consulting.!
#*1!'&$!/&',%G1*1G!%'!$81!#'#(I,%,L!>DW9!%,!(#*<1(I!-+'G1G!$8*&+<8!
>8%P'1I!D&/S!$&+*!-11,!#'G!&',%$1!*1$#%(!,#(1,L!)8%,!(&/#(!
1/&'&P%/!#/$%2%$I!%,!#//&+'$1G!-&*!%'!$81!2%,%$&*!1NR1'G%$+*1,! !
G%,/+,,1G!%'!$81!R*12%&+,!,1/$%&'L!W'/(+G%'<!>DW9!1NR1'G%$+*1,!%'!
$8%,!#'#(I,%,!H&+(G!G&+O(1K/&+'$!$81,1!1--1/$,L!

Figure!8.!
USFS!Local!Direct!
Operating!Expenditure!

Source:!
BBC!Research!&!Consulting!from!
informal!estimates!derived!with!help!
from!the!USFS!

! !

!
Spending!Flow!Model! PAGE!13!

Figure!10.! )81!G%*1/$!%PR#/$:!G%,/+,,1G!#O&21:!&'(I!*1R*1,1'$,!#!
Spending!Flow!Model! R&*$%&'!&-!$81!$&$#(!%PR#/$!&-!>8%P'1I!D&/S!&'!$81!(&/#(!
1/&'&PIL!JR1'G%'<!<1'1*#$1G!OI!>8%P'1I!D&/S!
&R1*#$%&',!#'G!2%,%$&*!1NR1'G%$+*1,!/%*/+(#$1,!%'!$81!
(&/#(!1/&'&PI:!#,!O+,%'1,,1,!H81*1!2%,%$&*,!,R1'G!$81%*!
P&'1I!R+*/8#,1!<&&G,!#'G!,1*2%/1,!-*&P!&$81*!
O+,%'1,,1,!#'G!#,!H&*S1*,!,R1'G!#!R&*$%&'!&-!$81%*!
1#*'%'<,!&'!(&/#(!<&&G,!#'G!,1*2%/1,L!)8%,!*1/%*/+(#$%&'!
&-!P&'1I!%'!$81!1/&'&PI!%,!$1*P1G!#!b,1/&'G#*I!
%PR#/$Lc!)81!G%*1/$!#'G!,1/&'G#*I!1/&'&P%/!%PR#/$,!
R*&G+/1G!OI!>8%P'1I!D&/S!2%,%$&*!#'G!&R1*#$%&'#(!
,R1'G%'<!#(,&!,+RR&*$!(121(,!&-!1PR(&IP1'$:!H8%/8!#*1!
%'/(+G1G!%'!$8%,!#'#(I,%,L!

Y&*!$81!R+*R&,1,!&-!$8%,!#'#(I,%,:!CC>!G1-%'1,!$81!(&/#(!
1/&'&PI!#,!$81!9*/8+(1$#!>&+'$I!#'G!]#!0(#$#!>&+'$IL!
)8%,!,$+GI!#*1#!H#,!/8&,1'!O1/#+,1!%$!%,!#!-+'/$%&'%'<!
b1/&'&P%/!+'%$c!#'G!H%((!/#R$+*1!P&,$!R*&V1/$K*1(#$1G!
%PR#/$,L36!

)&!G1$1*P%'1!$81!$&$#(!/+**1'$!1/&'&P%/!%PR#/$!&-!
Source:! BBC!Research!&!Consulting,!based!on!IMPLAN!Regional!Input"Output!Modeling!System.!
>8%P'1I!D&/S!T$81!G%*1/$!R(+,!$81!,1/&'G#*I!%PR#/$,U:!
CC>!G121(&R1G!#!,R1'G%'<!-(&H!P&G1(!t!,8&H'!%'!
! Y%<+*1!3@!#$!(1-$!t!$&!$*#/1!$81!-(&H!&-!G&((#*,!#'G!
#,,&/%#$1G!1PR(&IP1'$!<1'1*#$1G!OI!>8%P'1I!D&/S!
$8*&+<8!$81!(&/#(!1/&'&PIL!!

! !

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!
36!! J11!0#<1!4!-&*!#!P&*1!G1$#%(1G!G1,/*%R$%&'!&-!$81!1/&'&P%/!,$+GI!
#*1#L!

!
Spending!Flow!Model! PAGE!14!

)8%,!P&G1(!%,!O#,1G!&'!$81!W70]9"!D1<%&'#(!W'R+$Kk+$R+$!7&G1(%'<!
JI,$1PL!W70]9"!%,!#!H%G1(IK+,1G!1/&'&P%/!P&G1(%'<!,&-$H#*1!$8#$!
1,$%P#$1,!,1/&'G#*I!1/&'&P%/!%PR#/$,!O#,1G!&'!+,1*K,+RR(%1G!
G%*1/$!%PR#/$,L!CC>!+,1G!W70]9"!$&!1,$%P#$1!1/&'&P%/!#'G!
1PR(&IP1'$!%PR#/$,!O#,1G!&'!$81!2%,%$&*!#'G!&R1*#$%&'#(!,R1'G%'<!
G#$#!G%,/+,,1G!%'!$81!R*1/1G%'<!,1/$%&'L3B!
CC>`,!,R1'G%'<!-(&H!P&G1(!P1#,+*1,!$81!%PR#/$!&-!&R1*#$%&'!#'G!
2%,%$&*!,R1'G%'<!#,,&/%#$1G!H%$8!>8%P'1I!D&/SL!9!2%,%$&*!%,!G1-%'1G!
)81!,R1'G%'<!-(&H!P&G1(!/*1#$1,!#!*1(#$%21(I!/&',1*2#$%21!1,$%P#$1!
&-!$&$#(!1/&'&P%/!%PR#/$!O1/#+,1!%$!&'(I!#//&+'$,!-&*!,R1'G%'<!
&*%<%'#$%'<!-*&P!%'G%2%G+#(,!H8&!*1,%G1!&+$,%G1!&-!9*/8+(1$#!#'G!]#!
0(#$#!>&+'$%1,L!]&/#(!2%,%$&*,!<1'1*#$1!#GG%$%&'#(!,R1'G%'<!*1(#$1G!
$&!>8%P'1I!D&/Ss!8&H121*:!$81!%'$1'$!&-!$8%,!,$+GI!%,!$&!P1#,+*1!
b'1Hc!&*!'&'K(&/#(!G&((#*,!-(&H%'<!%'$&!$81!(&/#(!1/&'&PI!#'G!
,+O,1\+1'$(I!*1/%*/+(#$1GL!
!

#,!,&P1&'1!H8&!*1,%G1,!&+$,%G1!&-!$81!,$+GI!#*1#!H8&,1!R*%P#*I!
*1#,&'!-&*!$*#21(%'<!$&!9*/8+(1$#!>&+'$I!%,!$&!2%,%$!>8%P'1I!D&/SL!!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!
3B!! Y&*!P&*1!%'-&*P#$%&'!&'!W70]9":!*1-1*!$&!
h8$$Rdii%PR(#'L/&Pi[Mi%'G1NLR8Rn&R$%&'o/&Pp/&'$1'$E2%1Ho#*$%/(1E%Go?5?dH8#$
K%,K%PR(#'E/#$%Go36?d%PR(#'K#RR(%#'/1KEW$1P%Go?j!

!
Total!Economic!Impacts!!Annual!Operations!and!Visitation! PAGE!15!

Total!Economic!Impact! Figure!11.!
Chimney!Rock,!Total!Annual!Economic!Impact,!La!Plata!and!Archuleta!County!Region!!
9GG%'<!$81!G%*1/$!#'G!$81!,1/&'G#*I!
%PR#/$,!,8&H,!$8#$!>8%P'1I!D&/S!
/+**1'$(I!8#,!#!$&$#(!1,$%P#$1G!
1/&'&P%/!%PR#/$!&-!#O&+$!_3L?!P%((%&'!
R1*!I1#*:!#,!G1P&',$*#$1G!%'!Y%<+*1!33L!
)8%,!-%<+*1!%'/(+G1,!1/&'&P%/!#/$%2%$I!
<1'1*#$1G!OI!#''+#(!&R1*#$%&'!#'G!
2%,%$&*!1NR1'G%$+*1,L!

Note:! *USFS!operations!are!incorporated!into!the!total!annual!economic!impact!model.!The!disaggregated!sectors!do!not!equal!the!total!direct!
impact!populated!by!IMPLAN!as!the!economic!software!includes!in!its!total!calculations!linkages!between!all!relevant!subsectors,!such!as!
professional!services,!real!estate,!ambulatory!health!care,!etc.!
! Direct!Expenditures!reported!net!of!taxes!(sales,!lodging!and!excise).!
Source:! BBC!Research!&!Consulting,!based!on!IMPLAN!Regional!Input"Output!Modeling!System.!

! !

!
Total!Economic!Impacts!!Annual!Operations!and!Visitation! PAGE!16!

Impact!on!Employment! Figure!12.!
Chimney!Rock,!Total!Annual!Employment!Impact,!La!Plata!and!Archuleta!County!Region!
^/&'&P%/!#/$%2%$I!<1'1*#$1G!OI!>8%P'1I!
D&/S!&R1*#$%&',!#'G!2%,%$#$%&'!,+RR&*$,!
#'!1,$%P#$1G!3BL5!V&O,!R1*!I1#*!%'!
9*/8+(1$#!#'G!]#!0(#$#!>&+'$%1,:!#,!
,8&H'!%'!Y%<+*1!3?L!

Note:! *USFS!operations!are!incorporated!into!the!total!annual!economic!impact!model.!The!disaggregated!sectors!do!not!equal!the!total!
direct!impact!populated!by!IMPLAN!as!the!economic!software!includes!in!its!total!calculations!linkages!between!all!relevant!subsectors,!
such!as!professional!services,!real!estate,!ambulatory!health!care,!etc.!
Source:! BBC!Research!&!Consulting,!based!on!IMPLAN!Regional!Input"Output!Modeling!System.!

!
National!Monument!Designation! PAGE!17!

>8#'<%'<!$81!G1,%<'#$%&'!&-!R+O(%/!(#'G!P#I!8#21!#!,%<'%-%/#'$! (%P%$1G!$&!J&'&*#'!=1,1*$:!f#,8#Kf#$+H1!)1'$!D&/S,:!>#**%a&!
1--1/$!&'!$81!(&/#(!&*!*1<%&'#(!1/&'&PIL!9!R+O(%/!(#'G!G1,%<'#$%&':! 0(#%'!#'G!ZRR1*!7%,,&+*%!D%21*!C*1#S,L35!
,+/8!#,!#!'#$%&'#(!P&'+P1'$:!P#I!,%<'#(!#'!1'8#'/1G!\+#(%$I!&-!#!
R&$1'$%#(!2%,%$&*!1NR1*%1'/1:!#'G!$8%,!/&+(G!8#21!,+O,$#'$%#(!1--1/$,! )&!+'G1*,$#'G!$81!/8#'<1!%'!2%,%$#$%&'!R*1K!#'G!R&,$K!G1,%<'#$%&':!
&'!2%,%$#$%&'L!>8#'<1,!%'!2%,%$#$%&'!#'G!$&+*%,P!1NR1'G%$+*1,!#*1! CC>!/#(/+(#$1G!$81!/8#'<1!%'!2%,%$#$%&'!#$!1#/8!,%$1!/&PR#*1G!$&!
1,R1/%#((I!%PR&*$#'$!%'!*+*#(!#*1#,!H81*1!R1&R(1!P#I!O1! $81!,%$1`,!#21*#<1!R*1KG1,%<'#$%&'!2%,%$#$%&'!%'!3FFF!#'G!?@@@L!!
R#*$%/+(#*(I!*1(%#'$!&'!%'/&P1!G1*%21G!-*&P!$&+*%,PL! )81!/8#'<1!%'!2%,%$#$%&'!R1*!,%$1!H#,!$81'!#21*#<1G!OI!I1#*!#/*&,,!
$81!-&+*!O1'/8P#*S!,%$1,L!Y%<+*1!3A!O1(&H!,8&H,!$81!#21*#<1!
CC>!*12%1H1G!G#$#!-*&P!*1/1'$(I!G1,%<'#$1G!'#$%&'#(!P&'+P1'$,! #''+#(!2%,%$#$%&'!%'/*1#,1!/&PR#*1G!$&!R*1KG1,%<'#$%&'!2%,%$#$%&'L!
$&!<#%'!#'!+'G1*,$#'G%'<!&-!$81!R&$1'$%#(!2%,%$&*!*1,R&',1L!
7&'+P1'$!,1(1/$%&'!-&*!$81!O1'/8P#*S!#'#(I,%,!%,!O#,1G!&'!,%$1! Figure!13.!
Average!Visitation!Increase!Compared!to!Pre"designation!
,%P%(#*%$%1,!$&!>8%P'1I!D&/S!T%L1L:!(&/#$%&'!%'!$81!H1,$:!G1,%<'#$%&'!
#-$1*!?@@@!#'G!R*1,1'/1!&-!#*/8#1&(&<%/#(!#*$%-#/$,LU!)81!-&((&H%'<!
,%$1,!H1*1!%G1'$%-%1Gd!9<+#!Y*%#:!>#'I&',!&-!$81!9'/%1'$,:!
W*&'H&&G!Y&*1,$:!J&'&*#'!=1,1*$:!f#,8#Kf#$+H1!)1'$!D&/S,:!
>#,/#G1!J%,S%I&+:!>#**%a&!0(#%':!ZRR1*!7%,,&+*%!D%21*!C*1#S:!#'G!
0*18%,$&*%/!)*#/SH#I,L!!

=#$#!,&+*/1,!%'/(+G1!%'$1*2%1H,!H%$8!,$#--!#$!*1/1'$(IKG1,%<'#$1G!
,%$1,!#'G!2%,%$#$%&'!G#$#!-*&P!$81!C+*1#+!&-!]#'G!7#'#<1P1'$!
TC]7U!D1/*1#$%&'!7#'#<1P1'$!W'-&*P#$%&'!JI,$1P!TD7WJUL34!
.&H121*:!$81*1!#*1!,&P1!(%P%$#$%&',!%'!$81!G#$#!#'G!$81*1-&*1!$81!
7&'+P1'$,!$8#$!/&+(G!O1!+,1G!%'!$81!O1'/8P#*S%'<!1N1*/%,1L!=#$#!
G&/+P1'$%'<!2%,%$#$%&'!#$!'#$%&'#(!P&'+P1'$,!#*1!(%P%$1G!G+1!$&!
/&',$*#%'$,!%'!C]7!G#$#!/&((1/$%&'!R*%&*!$&!Yu!3FFFL!W'!-#/$:!$81! Source:!BBC!Research!&!Consulting!with!data!provided!by!the!BLM.!

C]7!G%G!'&$!%PR(1P1'$!-&*P#(!2%,%$#$%&'!/&((1/$%&'!R*#/$%/1,!+'$%(! ! !
(#$1!?@@@L!!)8+,:!&'(I!7&'+P1'$,!G1,%<'#$1G!%'!(#$1!?@@@!&*!?@@3!
#*1!+,1-+(!O1'/8P#*S,L!)81*1-&*1:!$81!-%'#(!(%,$!&-!O1'/8P#*S,!%,!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
35!! [%,%$#$%&'!G#$#!#$!,121*#(!'#$%&'#(!P&'+P1'$,:!%'/(+G%'<!9<+#!Y*%#:!>#'I&',!&-!$81!
9'/%1'$,:!W*&'H&&G!Y&*1,$:!>#,/#G1!J%,S%I&+!#'G!0*18%,$&*%/!)*#/SH#I,!H1*1!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! +'#2#%(#O(1!%'!R*1KG1,%<'#$%&'!I1#*,:!P#S%'<!$81P!+'+,#O(1!#,!O1'/8P#*S,L!
0*18%,$&*%/!)*#/SH#I,!H#,!G1,%<'#$1G!%'!?@@F:!I1$!8#,!'&!2%,%$#$%&'!G#$#!R*1K!&*!
34!! 9((!P&'+P1'$,!$8#$!-%$!$81!,1(1/$%&'!/*%$1*%#!#*1!P#'#<1G!OI!$81!C]7L! R&,$KG1,%<'#$%&'L!
!
National!Monument!Designation! PAGE!18!

)81!O1'/8P#*S!#'#(I,%,!%'G%/#$1,!$8#$!2%,%$#$%&'!<*&H$8!%,! CC>!R*&V1/$1G!$81!-&((&H%'<!2%,%$#$%&'!<*&H$8!R*&-%(1!O#,1G!&'!$81!
1N$1',%21!-&((&H%'<!G1,%<'#$%&'L!e*&H$8!O1$H11'!?@@?!#'G!?@@A! &O,1*21G!2%,%$#$%&'!<*&H$8!#$!/&PR#*#O(1!7&'+P1'$,!#'G!
H#,!,(%<8$(I!,(&H1*!R&,,%O(I!G+1!$&!J1R$1PO1*!33$8!$1**&*%,$! -#/$&*1G!-&*!$81!,$*+/$+*#(!,%$1!(%P%$#$%&',!#$!>8%P'1I!D&/SL!
#$$#/S,!#'G!#!<1'1*#(!#21*,%&'!$&!$*#21(!%'!$81!ZLJL!!C1$H11'!?@@A!
#'G!?@@4:!$81!<*&H$8!%'!2%,%$#$%&'!%,!,+O,$#'$%#(:!#'G!%'!,&P1!,%$1,! Figure!14.!
Projection!of!! Pre"!and!Post" Projected! Precentage!
<*1H!OI!P&*1!$8#'!6@@!R1*/1'$L!!D1G+/1G!2%,%$#$%&'!%'!?@@5!/&+(G! Visitation!! Designation!Years Visitation Change
O1!#$$*%O+$1G!$&!$81!-%'#'/%#(!/*%,%,!%'!$81!ZLJL!#'G!$81!/8#'<1!%'! Growth!Rate!
Current !!!12,000
/&',+P1*!,R1'G%'<!R#$$1*',:!O+$!G1,R%$1!$81!G1/(%'1:!2%,%$#$%&'!
Source:!!
*1P#%'1G!<*1#$1*!$8#'!%'!R*1KG1,%<'#$%&'!I1#*,L!!W'!*1/1'$!I1#*,:! BBC!Research!&!Consulting.!
Year!1 !!!14,400 20%
2%,%$#$%&'!<*&H$8!%,!*1O&+'G%'<!#'G!(&&S,!$&!O1!*1$+*'%'<!$&!(121(,! Year!3 !!!19,200 60%
Year!5 !!!24,000 100%
-&+'G!R*%&*!$&!?@@5L!!W'!,+PP#*I:!'#$%&'#(!P&'+P1'$!G1,%<'#$%&'!
G&1,!,11P!$&!8#21!#!,%<'%-%/#'$!%PR#/$!&'!2%,%$#$%&':!O+$!%$!%,!'&$!
$81!&'(I!-#/$&*!$8#$!%'-(+1'/1,!2%,%$#$%&'L!k$81*!1/&'&P%/!-#/$&*,! )81!,%<'%-%/#'$!2%,%$#$%&'!<*&H$8!#$!&$81*!'#$%&'#(!P&'+P1'$,!
#--1/$!$&+*%,P!,+/8!#,!<1&R&(%$%/#(!121'$,!#'G!/8#'<1,!%'! %'G%/#$1,!$8#$!>8%P'1I!D&/S!/&+(G!1NR1*%1'/1!,%P%(#*!2%,%$#$%&'!
/&',+P1*!G%,R&,#O(1!%'/&P1L! <*&H$8!+R!$&!%$,!,%$1!/#**I%'<!/#R#/%$IL!Y&*!1/&'&P%/!%PR#/$!
1,$%P#$%&':!CC>!R*&V1/$,!,$1#GI!2%,%$#$%&'!<*&H$8!+R!$&!3@@!
=1,R%$1!$81!/&PR1((%'<!2%,%$#$%&'!<*&H$8!,8&H'!%'!$81!O1'/8P#*S! R1*/1'$:!&//+**%'<!-%21!I1#*,!R&,$K7&'+P1'$!G1,%<'#$%&'L!)8%,!
#'#(I,%,:!#''+#(!2%,%$#$%&'!<*&H$8!#$!>8%P'1I!D&/S!%,!R8I,%/#((I! <*&H$8!%'!2%,%$#$%&'!*&+<8(I!#RR*&N%P#$1,!#21*#<1!&O,1*21G!
(%P%$1G!OI!,%$1!/#**I%'<!/#R#/%$IL!)81!,%$1!8#,!(%P%$1G!R#*S%'<!#'G! <*&H$8!%'!$81!'#$%&'#(!P&'+P1'$!O1'/8P#*S!#'#(I,%,L!
$*#%(!/#R#/%$I:!#'G!>DW9!/+**1'$(I!8#,!#!(%P%$1G!'+PO1*!&-!
#2#%(#O(1!$&+*,!R1*!G#IL!Y+*$81*P&*1:!$81*1!%,!'&!/+**1'$! )81!2%,%$#$%&'!<*&H$8!,8&H'!#O&21!#'G!#,,&/%#$1G!<*&H$8!%'!
/&PP%$P1'$!$&!#GG%$%&'#(!Y1G1*#(!-+'G%'<!-&*!&R1*#$%&'#(!&*! 2%,%$&*!,R1'G%'<!%,!+,1G!$&!P&G1(!R&,$KG1,%<'#$%&'!1/&'&P%/!
-#/%(%$I!1NR#',%&'!%'!$81!R1'G%'<!7&'+P1'$!G1,%<'#$%&'! %PR#/$,!%'!$81!-&((&H%'<!,1/$%&'L!
(1<%,(#$%&'L!W'$1*2%1H,!H%$8!ZJYJ!#'G!>DW9!,$#--!P1PO1*,!
%'G%/#$1G!$8#$!$81!/+**1'$!-#/%(%$%1,!/&+(G!R&$1'$%#((I!,+RR&*$!#!3@@!
R1*/1'$!%'/*1#,1!%'!2%,%$#$%&'!#,!#'!#O,&(+$1!+RR1*!O&+'GL!
.&H121*:!%-!#GG%$%&'#(!-#/%(%$%1,!&*!&R1*#$%&'#(!/#R#/%$I!#*1!#GG1G!
%'!$81!-+$+*1:!-+$+*1!2%,%$#$%&'!/&+(G!R&$1'$%#((I!O1!<*1#$1*!$8#'!$81!
R*&V1/$%&',!/&'$#%'1G!%'!$8%,!*1R&*$L!

!
National!Monument!Designation! PAGE!19!

Y%<+*1!36!R*1,1'$,!$81!1NR1/$1G!1/&'&P%/! Figure!15.!
Total!Annual!Economic!ImpactOutput!
%PR#/$!&-!>8%P'1I!D&/S!"#$%&'#(!
7&'+P1'$!-&((&H%'<!G1,%<'#$%&'L!)81!-%<+*1! Current!
R*1,1'$,!G#$#!-&*!3!I1#*:!A!I1#*,!#'G!6!I1#*,! Non"Local!
Visitation Year!1 Year!3 Year!5
R&,$KG1,%<'#$%&'L!>8%P'1I!D&/S!%,!1NR1/$1G!
$&!*1#/8!,%$1!/#**I%'<!/#R#/%$I!6!I1#*,!#-$1*! Total!Visitors !!!!!!!!!!!!!9,720 !!!!!!!!! 11,664 !!!!!!!!! 15,552 !!!!!!!!!!! 19,440
7&'+P1'$!G1,%<'#$%&'!%-!2%,%$#$%&'!<*&H$8! Direct!Economic!Impact $!!!!!!!848,015 $!!!!1,083,309 $!!!!1,527,525 $!!!!!1,722,403
*1,1PO(1,!&O,1*21G!<*&H$8!%'!$81! Secondary!Economic!Impact $!!!!!!!365,936 $!!!!!!!450,174 $!!!!!!!639,162 $!!!!!!!!711,359
O1'/8P#*S!#'#(I,%,L!CC>!#,,+P1G!$8#$!$81! Total!Economic!Impact $!!!!1,213,950 $!!!!1,716,547 $!!!!1,983,622 $!!!!!2,433,762
G%,$*%O+$%&'!&-!2%,%$&*,!T%L1L:!/#PR1*,:!
(&G<1*,:!'&'K(&/#(!G#I!+,1*,U!H&+(G! Incremental!Economic!Impact $!!!!! 502,597 $!!!!! 769,672 $!!! 1,219,812

/&'$%'+1!$&!*1,1PO(1!$81!/+**1'$!2%,%$&*! Source:!BBC!Research!&!Consulting,!based!on!IMPLAN!Regional!Input"Output!Modeling!System.!

G%,$*%O+$%&'L! !
!
Figure!16.!
9,!,8&H'!%'!Y%<+*1!36:!$81!1NR1/$1G!#''+#(!
Total!Employment!ImpactEmployment!
1/&'&P%/!%PR#/$,!&-!'#$%&'#(!P&'+P1'$!
G1,%<'#$%&'!/&+(G!*1#/8!_?LM!P%((%&':!H8%/8! Current!
Non"Local!
*1R*1,1'$,!#'!%'/*1#,1!&-!#RR*&N%P#$1(I!
Visitation Year!1 Year!3 Year!5
_3L?!P%((%&'!%'!*1<%&'#(!1/&'&P%/!#/$%2%$IL!
Total!Visitors 9,720 11,664 15,552 19,440
Y%<+*1!3B!,8&H,!$81!R*&V1/$1G!1PR(&IP1'$! Direct!Economic!Impact 13.6 16.1 21.0 25.9
%PR#/$,!#,,&/%#$1G!H%$8!'#$%&'#(!P&'+P1'$! Secondary!Economic!Impact 3.3 4.0 5.2 6.3
G1,%<'#$%&'L![%,%$&*!,R1'G%'<!#,,&/%#$1G! Total!Economic!Impact 16.8 20.1 26.1 32.2
H%$8!>8%P'1I!D&/S!/+**1'$(I!,+RR&*$,!
#O&+$!3BL5!V&O,L!Y&((&H%'<!7&'+P1'$! Incremental!Economic!Impact 3.3 9.3 15.4

G1,%<'#$%&':!,+RR&*$1G!1PR(&IP1'$!%,! Source:!BBC!Research!&!Consulting,!based!on!IMPLAN!Regional!Input"Output!Modeling!System.!

1NR1/$1G!$&!%'/*1#,1!$&!A?L?!V&O,:!#'!
%'/*1#,1!&-!36LM!V&O,L!

!
Fiscal!Impacts! PAGE!20!

)8%,!,1/$%&'!G1$#%(,!$81!1,$%P#$1G!-%,/#(!%PR#/$,!&-!>8%P'1I!D&/S!&'! Local!Tax!Rates!
,$#$1!#'G!(&/#(!<&21*'P1'$,:!#'G!$81!#'#(I,%,!-+*$81*!1NR(&*1,!$81!
Y%<+*1!34!,8&H,!(&/#(!$#N!*#$1,!+,1G!%'!/#(/+(#$%'<!$#N!*121'+1!
-%,/#(!%PR#/$,!&-!>8%P'1I!D&/S!"#$%&'#(!7&'+P1'$!G1,%<'#$%&'L!
#,,&/%#$1G!H%$8!>8%P'1I!D&/S!2%,%$&*!,R1'G%'<L!9*/8+(1$#!>&+'$I!
Y%,/#(!%PR#/$,!#*1!G1-%'1G!#,!$81!$#N!*121'+1!<1'1*#$1G!OI!,R1'G%'<!
%PR&,1,!#!ML@!R1*/1'$!,#(1,!$#N!&'!#((!$#N#O(1!*1$#%(!<&&G,!,&(G!%'!$81!
#,,&/%#$1G!H%$8!>8%P'1I!D&/S!2%,%$#$%&'L3F!
/&+'$IL!9*/8+(1$#!>&+'$I!,8#*1,!8#(-!&-!%$,!,#(1,!$#N!*121'+1!H%$8!
Fiscal!Impact!Analysis!Approach! $81!)&H'!&-!0#<&,#!JR*%'<,:!H8%/8!1\+#$1,!$&!#'!1--1/$%21!,#(1,!$#N!
*#$1!&-!?L@!R1*/1'$!-&*!O&$8!V+*%,G%/$%&',L!)81!J$#$1!&-!>&(&*#G&!
)81!J$#$1!&-!>&(&*#G&!#'G!(&/#(!<&21*'P1'$,!%PR&,1!,#(1,!#'G! %PR&,1,!#!?LF!R1*/1'$!,#(1,!$#N:!H8%/8!%,!/&((1/$1G!%'!#GG%$%&'!$&!$81!
(&G<%'<!$#N1,!$&!1(%<%O(1!R+*/8#,1,!P#G1!OI!2%,%$&*,!$&!>8%P'1I! (&/#(!<&21*'P1'$!,#(1,!$#N1,L!
D&/SL!!
Figure 17.!
Tax!Rates
)81*1!#*1!$8*11!O#,%/!,$1R,!%'!R*&V1/$%'<!R&$1'$%#(!$#N!*121'+1!-(&H,! State!and!Local!
$&!>&(&*#G&!<&21*'P1'$,d!T3U!1,$%P#$%'<!$&$#(!,R1'G%'<s!T?U! Government!Sales!and!
Sales!Tax!Rates
Lodging!Tax!Rates!
#RR&*$%&'%'<!$&$#(!,R1'G%'<!$8#$!H%((!&//+*!O1$H11'!$81!
#RR*&R*%#$1!V+*%,G%/$%&',s!#'G!TAU!#RR(I%'<!$81!#RR*&R*%#$1!$#N!*#$1L!! Source:! Pagosa!Springs 2.0%
BBC!Research!&!Consulting.! Archuleta!County 2.0%
)81!*1P#%'G1*!&-!$8%,!,1/$%&'!G1,/*%O1,!<1&<*#R8%/!,R1'G%'<! State!of!Colorado! 2.9%
/#R$+*1:!(&/#(!$#N!*#$1,!#'G!,+PP#*%a1,!$81!-%,/#(!%PR#/$,!&-!
>8%P'1I!D&/S!R*1K!#'G!R&,$K7&'+P1'$!G1,%<'#$%&'L! Lodging!Tax!Rates!(additive!to!sales!tax)

Location!of!Off"Site!Expenditure!! Pagosa!Springs 4.9%

W'!<1'1*#(:!2%,%$&*!,R1'G%'<!&//+*,!%'!/(&,1!R*&N%P%$I!$&!
#//&PP&G#$%&'!#'G!2%,%$&*!#$$*#/$%&'!(&/#$%&',L!e%21'!$81!
R*&N%P%$I!&-!>8%P'1I!D&/S!$&!'1#*OI!/#PR,%$1,!%'!$81!J#'!X+#'!
"#$%&'#(!Y&*1,$!#'G!(&G<%'<!#//&PP&G#$%&',!%'!0#<&,#!JR*%'<,:!
CC>!#,,+P1G!$8#$!#((!$#N#O(1!,R1'G%'<!*1(#$1G!$&!>8%P'1I!D&/S!
[%,%$#$%&'!H&+(G!&//+*!%'!9*/8+(1$#!>&+'$I!#'G!0#<&,#!JR*%'<,L?@!
Archuleta!County 1.9%
)81!)&H'!&-!0#<&,#!JR*%'<,!#'G!9*/8+(1$#!>&+'$I!#(,&!%PR&,1!
(&G<%'<!$#N1,!&'!,8&*$K$1*P!#//&PP&G#$%&',L!)81!0#<&,#!JR*%'<,!
(&G<%'<!$#N!*#$1!%,!MLF!R1*/1'$:!#'G!$81!9*/8+(1$#!>&+'$I!(&G<%'<!$#N!
*#$1!%,!3LF!R1*/1'$L!)81,1!(&G<%'<!$#N1,!#*1!#GG%$%21!$&!1#/8!&$81*!
#'G!$81!#-&*1P1'$%&'1G!,#(1,!$#N1,L!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!
3F!! )81!-%,/#(!#'#(I,%,!%,!/&',1*2#$%21!%'!$8#$!%$!&'(I!/&',%G1*,!G%*1/$!2%,%$&*!,R1'G%'<L!W$!
G&1,!'&$!1,$%P#$1!$81!$#N!*121'+1!#,,&/%#$1G!H%$8!%'G+/1G!1/&'&P%/!%PR#/$,!&*!ZJYJ!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!
G%*1/$!#'G!%'G%*1/$!&R1*#$%&'#(!,R1'G%'<L!
?@!!
#'G!>DW9!,$#--!%'G%/#$1G:!#(O1%$!#'1/G&$#((I:!$8#$!2%*$+#((I!#((!&21*'%<8$!2%,%$&*,!,$#I!%'!
W$!%,!(%S1(I!$8#$!#!,P#((!R&*$%&'!&-!2%,%$&*,!H&+(G!,$#I!1N/(+,%21(I!%'!=+*#'<&!T6@!P%(1,! 0#<&,#!JR*%'<,!&*!%'!ZJYJ!/#PR<*&+'G,!%'!9*/8+(1$#!>&+'$IL!
#H#IU!%',$1#G!&-!0#<&,#!JR*%'<,!T?@!P%(1,!#H#IUL!.&H121*:!%'$1*2%1H,!H%$8!ZJYJ!
!
Fiscal!Impacts! PAGE!21!

Fiscal!Benefits! !Figure!18.!
!Total!Tax!Revenue!
[%,%$&*!,R1'G%'<!#,,&/%#$1G!H%$8!>8%P'1I!D&/S!/+**1'$(I!<1'1*#$1,! !Generated!By!Current!!
'1#*(I!_6B:@@@!#''+#((I!%'!,#(1,!#'G!(&G<%'<!$#N!*121'+1L!)81!)&H'! !Non"Local!Visitor!
!Spending!
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D&/S!2%,%$&*!,R1'G%'<L?3! Source:!
BBC!
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Other!Economic!Impacts! PAGE!22!

Figure!19.! 7&'+P1'$!G1,%<'#$%&'!H%((!#(,&!%'/*1#,1!$81!(%S1(%8&&G!&-!,1/+*%'<!
Total!Tax!Revenue!Generated!by!Future!! -+$+*1!-+'G%'<!-&*!/+($+*#(!#'G!#*/8#1&(&<%/#(!*1,1#*/8L!
Visitor!Spending!Post"Monument!Designation!
9*/8#1&(&<%/#(!,%$1,!#*1!'&'K*1'1H#O(1!*1,&+*/1,!$8#$!/&'$#%'!
Current! Year!1 Year!3 Year!5 +'%\+1!%'-&*P#$%&'!#O&+$!9P1*%/#`,!/+($+*#(!(1<#/IL!)81*1!%,!O*&#G!
(&/#(!,+RR&*$!-&*!7&'+P1'$!G1,%<'#$%&'!-*&P!$81!9*/8+(1$#!
Non"Local!Visitation 9,720 11,664 15,552 19,440 >&+'$I!C&#*G!&-!>&+'$I!>&PP%,,%&'1*,:!$81!>&(&*#G&!.%,$&*%/#(!
J&/%1$I:!$81!").0:!#'G!'+P1*&+,!&$81*!/&',1*2#$%&'!<*&+R,L!)81!
Pagosa!Springs $24,543 $29,452 $39,269 $49,086
G1,%<'#$%&'!8#,!#(,&!<#*'1*1G!O%KR#*$%,#'!,+RR&*$!%'!$81!ZJ!
Archuleta!County $16,164 $19,397 $25,862 $32,328
>&'<*1,,:!-+*$81*!%((+,$*#$%'<!$81!,%$1`,!O*&#G!,+RR&*$!#'G!#RR1#(L!
State!of!Colorado $15,287 $18,345 $24,460 $30,575
^',+*%'<!$8#$!>8%P'1I!D&/S`,!'#$+*#(!#'G!#*/8#1&(&<%/#(!#,,1$,!
Total $55,994 $67,193 $89,591 $111,989
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Incremental!Economic!Impact $11,199 $33,597 $55,995
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Other!Economic!Impacts! !

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