BLUE POLYMERS IMPACT ANALYSIS.PDF

DECMEBER 2024
Blue Polymers 
Impact Analysis
602.256.7700 /// gpec.org

Impact Analysis
Overview
Below is an analysis of Blue Polymers' impact over the next 10 years to demonstrate the economic value 
the company will generate in Maricopa County.
Based on the assumptions outlined below, Blue Polymers will generate an estimated $935,000 in direct 
tax revenues and an additional $98,000 in indirect tax revenues for a total of $1.03 million in tax 
revenue to Maricopa County over a 10-year period. 
In 10 years this company will directly create an estimated $37.4 million of personal income, plus an 
additional $33.9 million in indirect personal income for a total of $71.3 million. Over a 10-year period 
Blue Polymers will create $357 million in economic output, with $222.4 million in direct economic 
output, and $134.6 million in indirect output. 
Assumptions 
• Total Employment at the end of 10 Years: 60 jobs
• Annual Payroll at the end of 10 Years: $4 million
• Total Square Feet of Property: 168,016 square feet by Year 1
• Total Real Property Improvement Investment: $43.3 million
• Total Personal Property Investment: $51.8 million
10-Year Economic Impact to Maricopa County
Impact
Jobs
Personal Income
Economic Output
Revenues
Direct
60
$37,401,750 
$222,396,378 
$934,875 
Indirect
69
$33,853,590 
$134,565,584 
$98,220 
Total
129
$71,255,349 
$356,961,962 
$1,033,096 
IMPACT ANALYSIS
2

Direct Revenue and Economic Impact
Year
Jobs
Personal Income
Output
Revenues
2024
30
$1,761,750 
$10,475,628 
$379,839 
2025
60
$3,960,000 
$23,546,750 
$61,671 
2026
60
$3,960,000 
$23,546,750 
$61,671 
2027
60
$3,960,000 
$23,546,750 
$61,671 
2028
60
$3,960,000 
$23,546,750 
$61,671 
2029
60
$3,960,000 
$23,546,750 
$61,671 
2030
60
$3,960,000 
$23,546,750 
$61,671 
2031
60
$3,960,000 
$23,546,750 
$61,671 
2032
60
$3,960,000 
$23,546,750 
$61,671 
2033
60
$3,960,000 
$23,546,750 
$61,671 
Total
60
$37,401,750 
$222,396,378 
$934,875 
Year
Jobs
Personal Income
Output
Revenues
2024
31
$1,594,620 
$6,338,498 
$4,626 
2025
69
$3,584,330 
$14,247,454 
$10,399 
2026
69
$3,584,330 
$14,247,454 
$10,399 
2027
69
$3,584,330 
$14,247,454 
$10,399 
2028
69
$3,584,330 
$14,247,454 
$10,399 
2029
69
$3,584,330 
$14,247,454 
$10,399 
2030
69
$3,584,330 
$14,247,454 
$10,399 
2031
69
$3,584,330 
$14,247,454 
$10,399 
2032
69
$3,584,330 
$14,247,454 
$10,399 
2033
69
$3,584,330 
$14,247,454 
$10,399 
Total
69
$33,853,590 
$134,565,584 
$98,220 
Year
Jobs
Personal Income
Output
Revenues
2024
61
$3,356,370 
$16,814,126 
$384,465 
2025
129
$7,544,331 
$37,794,204 
$72,070 
2026
129
$7,544,331 
$37,794,204 
$72,070 
2027
129
$7,544,331 
$37,794,204 
$72,070 
2028
129
$7,544,331 
$37,794,204 
$72,070 
2029
129
$7,544,331 
$37,794,204 
$72,070 
2030
129
$7,544,331 
$37,794,204 
$72,070 
2031
129
$7,544,331 
$37,794,204 
$72,070 
2032
129
$7,544,331 
$37,794,204 
$72,070 
2033
129
$7,544,331 
$37,794,204 
$72,070 
Total
129
$71,255,349 
$356,961,962 
$1,033,096 
Indirect Revenue and Economic Impact
Total Revenue and Economic Impact
3
IMPACT ANALYSIS

Direct Revenue Breakdown
4
IMPACT ANALYSIS
Year
Sales Tax
Property Tax
Utility Tax
State Shared Revenues
Total Revenue
2023
$474,600 
$123,584 
$917 
$11,029 
$610,130 
2024
$2,140,040 
$344,090 
$1,799 
$21,644 
$2,507,573 
2025
$1,963,990 
$524,943 
$2,716 
$32,673 
$2,524,322 
2026
$348,005 
$516,643 
$4,000 
$48,113 
$916,761 
2027
$362,705 
$520,781 
$4,688 
$56,385 
$944,559 
2028
$385,000 
$526,965 
$5,731 
$68,930 
$986,626 
2029
$122,500 
$526,965 
$5,731 
$68,930 
$724,126 
2030
$122,500 
$526,965 
$5,731 
$68,930 
$724,126 
2031
$122,500 
$526,965 
$5,731 
$68,930 
$724,126 
2032
$122,500 
$526,965 
$5,731 
$68,930 
$724,126 
Total
$6,164,340 
$4,664,866 
$42,775 
$514,494 
$11,386,472 
Indirect Revenue Breakdown
Year
Sales Tax
Property Tax
Utility Tax
State Shared Revenues
Total Revenue
2023
$25,410 
$6,848 
$1,189 
$14,298 
$47,745 
2024
$49,866 
$13,440 
$2,333 
$28,060 
$93,699 
2025
$75,276 
$20,288 
$3,521 
$42,357 
$141,442 
2026
$110,849 
$29,876 
$5,186 
$62,374 
$208,285 
2027
$129,907 
$35,012 
$6,077 
$73,098 
$244,094 
2028
$158,810 
$42,802 
$7,429 
$89,362 
$298,403 
2029
$158,810 
$42,802 
$7,429 
$89,362 
$298,403 
2030
$158,810 
$42,802 
$7,429 
$89,362 
$298,403 
2031
$158,810 
$42,802 
$7,429 
$89,362 
$298,403 
2032
$158,810 
$42,802 
$7,429 
$89,362 
$298,403 
Total
$1,185,358 
$319,474 
$55,451 
$666,997 
$2,227,280 
Total Revenue Breakdown
Year
Sales Tax
Property Tax
Utility Tax
State Shared Revenues
Total Revenue
2023
$500,010 
$130,432 
$2,106 
$25,327 
$657,875 
2024
$2,189,906 
$357,530 
$4,132 
$49,704 
$2,601,272 
2025
$2,039,266 
$545,231 
$6,238 
$75,030 
$2,665,765 
2026
$458,854 
$546,519 
$9,186 
$110,487 
$1,125,046 
2027
$492,611 
$555,793 
$10,765 
$129,482 
$1,188,651 
2028
$543,810 
$569,767 
$13,160 
$158,291 
$1,285,028 
2029
$281,310 
$569,767 
$13,160 
$158,291 
$1,022,528 
2030
$281,310 
$569,767 
$13,160 
$158,291 
$1,022,528 
2031
$281,310 
$569,767 
$13,160 
$158,291 
$1,022,528 
2032
$281,310 
$569,767 
$13,160 
$158,291 
$1,022,528 
Total
$7,349,697 
$4,984,340 
$98,227 
$1,181,485 
$13,613,752

Property Tax Analysis
IMPACT ANALYSIS
5
Year
Property Taxes
Total
Business
Residential
2024
$32,522 
$31,402 
$1,120 
2025
$33,821 
$31,402 
$2,419 
2026
$33,821 
$31,402 
$2,419 
2027
$33,821 
$31,402 
$2,419 
2028
$33,821 
$31,402 
$2,419 
2029
$33,821 
$31,402 
$2,419 
2030
$33,821 
$31,402 
$2,419 
2031
$33,821 
$31,402 
$2,419 
2032
$33,821 
$31,402 
$2,419 
2033
$33,821 
$31,402 
$2,419 
Total
$336,908 
$314,020 
$22,888

About GPEC Economic Impact Model
The Greater Phoenix impact model calculates economic and revenue impacts of new business in the 
region. The underlying theory behind this regional model is that all communities benefit when a new 
business locates in the region, both in terms of employed residents and new revenues. The purpose of 
the model is to show how this distribution of economic benefits may occur.
Economic Impact
The impact model uses county-level multipliers from the IMPLAN Group for Maricopa County to 
calculate direct and indirect impact on specific communities in the Greater Phoenix region.  The model 
also calculates economic impact to the county and state economies in terms of new jobs, output, and 
revenue generated. In addition to jobs, new businesses create new consumer spending throughout. 
The payroll from the new businesses can be converted into effective buying income. On a regional 
basis, effective buying income is distributed across retail and service categories based on spending 
patterns from the Bureau of Labor Statistics. 
Revenue Impact
Direct revenue impacts include revenues generated directly by the businesses, based on project 
information such as real property values, employment, direct sales, and local and nonlocal purchases. 
Additional revenues generated by related supplier and consumer jobs, and supported residents are 
included in the indirect and total impact results. All revenue projections are in current dollars. 
Disclaimer
The results from this analysis suggest only one possible scenario based on given project parameters 
and assumptions, and do not exclude other development possibilities under different assumptions. The 
economic impact model serves as a tool for basic quantitative evaluations for economic development 
projects.  The results are based on the current economic structure of the communities, and current tax 
rates. The results of the model are order-of-magnitude estimates and are intended only as a general 
guide as to show how businesses and development projects may impact the region.  
IMPACT ANALYSIS
Impact Analysis
6

Greater 
Phoenix
Greater 
Together
602.256.7700 /// gpec.org