2.ECONOMIC LOSSES FROM LAKE OKEECHOBEE DISCHARGES PROOF OF CONCEPTS ADDENDA TO GILIO’S GENERAL PUBLIC PLAN G FOR FULL EVERGLADES RESTORATION 2.ECONOMIC LOSSES FROM LAKE OKEECHOBEE DISCHARGES JL GILIO, .06.15.20162016

TWO SCENARIOS POTENTIAL ECONOMIC LOSS AND POTENTIAL ECONOMIC GAIN POTENTIAL LOSS REAL ESTATE MARKET VALUE FOR MARTIN, ST. LUCIE AND LEE COUNTIES IS $ 1 BILLION http://www.floridarealtors.org/NewsAndEvents/article.cfm?i

ECONOMIC VALUE 1. Entire INDIAN RIVER LAGOON [IRL] -The total estimated annual economic value of the lagoon is $3.7 billion, supporting 15,000 full and part-time jobs and providing recreational opportunities for 11 million people per year[2016]. www.sjrwmd.com Note. The IRL is 156 miles long, the lake Okeechobee discharges affect the lower 30 miles [20%] for an economic value of $740 Million dollars annually. 2. The Everglades Foundation’s fact sheet www.evergladesfoundation.org, Everglades Restoration:a 4-to-1 return on investment note that an $11.5 billion investment in Everglades Restoration[ CERP and CEPP] will return $46.5 billion in economic gains to Florida’s economy, create 440,000 jobs over next 50 years or roughly $1 billion [$970 M ]economic gain per year. The fact sheet divides the gain as follows: water quality [for potable use] 28%, real estate 35%, fishing 5 %, habitat and hunting, 27% open space 2% and park visitation 3%. 3. A study of the economic value of both fresh water and saltwater fishing in the Florida Keys[most of which is within Everglades national park boundary] totaled $722 Million annually for direct costs and a total of $1.2 for economic multiplier The Economic Impact of Recreational Fishing in the Everglades Region, Fedler, T., Ph.D. for the Bonefish and Tarpon Trust, Dec 2009. I assume that the oceanic fishing from the Keys is 2/3 of the total to reduce the ENP to $240 Million annually Econ impact Everglades704e4f6cc378aa765d_2ym6bi7f6.pdf Economics is not my field so I can not attest to the accuracy of these economic analysis. That said, a simple addition yields: Entire Indian River lagoon ……$3.7 Billion annually Entire Everglades ecosystem……….$ 970 Million annually of which ~ $240 million is fishing related.