5 In FY24, TAMIU disbursed $103 million in payroll, benefits, and operating expenses to fund its day-to-day activities. This institutional spending generated an estimated $176 million in additional income for Webb County, equivalent to creating 2,257 new jobs. Operations spending impact 70% of TAMIU’s enrollment consists of full-time students, the majority of whom are Webb County residents who would likely leave the region without the University’s presence.TAMIU attracts students who relocate to Webb County specifically for their education. The spending on living expenses by both retained local students and relocated students contributes significantly to the local economy. In FY24, student spending generated $6 million in added income for Webb County, supporting 104 jobs in the region. Student spending impact Through their education, TAMIU graduates have developed enhanced skills and qualifications, increasing their productivity in the workforce. Today, thousands of these alumni contribute to Webb County’s economy as skilled professionals across various sectors. In FY24, TAMIU alumni working in Webb County generated $186 million in additional income for the region’s economy, equivalent to supporting 3,885 jobs. Alumni impact TAMIU regularly invests in construction and renovation projects to maintain and improve its facilities. While these construction projects create significant economic activity, their temporary nature requires a different analytical approach. To account for the variable timing of these investments, this analysis uses a ten-year average of capital expenditures. Based on this methodology, TAMIU’s construction spending generated $5.5 million in added income for Webb County’s economy in FY24, supporting 46 jobs. Capital Expenditures impact
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