View the full Economic Impact Report here
Highlights of the report…….
What does Valdese Lakeside Park bring to Valdese in visitor and resident spending? Does the park save residents money? Do visitors really stop in town to eat?
These are the questions Friends of the Valdese Rec set out to answer. The economic impact of parks and trails can sometimes be understated. Thanks to FVR board member Zakk Heile, the value Valdese Lakeside Park brings to Valdese can be shown in numbers.
The Economic Impact Study looked at these areas
- Spending in Valdese solely due to a park visit (broken out into gas, food/drink, shopping)
- Tax Revenue for Town of Valdese (Property and Sales)
- Resident Savings (Health or Transportation Costs)