If you assume CEOS for Cities data is accurate and the ratio of general revenue to total income remains the same, raising college attainment to the national average could mean a $115+ million annual increase to the City's general fund.
Duval County per Capita Income $25,854
Duval County population 864,263
Total County Income $22,344,655,602
COJ GSD Revenue $990,000,000
GSD Revenue/ Total Income 0.0443
Value of a 1% increase in
college attainment $659,432,669
A 4% increase to make us average $2,637,730,676
Additional annual GSD Revenue $116,851,469
*Data from American Fact Finder, CEOs for Cities, and COJ
The economic benefits of this single strategy (raising college attainment) illustrates the scale of impact improving our downtown and education can make.