Study finds Vision Iowa provided healthy return on investment
Friday, November 4, 2011 - 09:30
in Mathematics & Economics
A new report by Iowa State University economics faculty and students found that the state's Vision Iowa program -- which was instituted in 2001 to enhance recreational, cultural, educational or entertainment attractions available across the state -- made the state an annual 9.2 percent return on investment in terms of increased sales tax revenue through 2008. Local communities also saw nearly a 1 percent annual return on their investment in the resulting amenities.