New report shows UIS has significant impact on Sangamon County economy

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SPRINGFIELD - A new study from Economic Modeling Specialists International says the University of Illinois - Springfield has been shown to have a significant impact on Sangamon County's economy.

According to the study, the university added $176.8 million in additional income to the local economy during Fiscal Year 2013-2014.  The report also states that the thousands of UIS alumni employed in Sangamon County generated $95.5 million in added income.

During Fiscal Year 2013-2014, the report states the university employed 1,129 employees, resulting in a payroll of $67.1 million, much of which was spent in Sangamon County.  Additionally, the report finds that about 20 percent of UIS students relocated to Sangamon County, providing $5.9 million in additional income.

The study also measured how much the university returns on investments made by students and taxpayers.  In the report, for every dollar a student spent at UIS, that student would earn an additional $3.20 in their lifetime income.  Taxpayers have also benefited, as the study states for every dollar spent on the university by taxpayers, $3.50 in added taxes and public sector savings are returned.

EMSI officials say they used data from the U.S. Bureau of Labor Statistics, University of Illinois - Springfield, U.S. Census Bureau, mathematical formulas, and research data to determine the university's overall economic impact.

For more information on this report, visit www.uis.edu/impact/.

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