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FY 2015 Economic Impact Data Released for Hancock Field Air National Guard Base

HANCOCK FIELD AIR NATIONAL GUARD BASE, SYRACUSE, N.Y. --
The 174th Attack Wing (ATKW) released its Economic Impact Analysis data for Fiscal Year (FY) 2015 on November 6, outlining the more than $108.6 million in estimated total economic impact for Hancock Field Air National Guard Base.

The information in the report includes input from all of the units located on and associated with Hancock Field, which consists of the 174th Attack Wing, 152nd Air Operations Group, 222nd Command and Control Squadron, 274th Air Support Operations Squadron, Military Entrance Processing Station, and the Army and Air Force Exchange Service.

"We extract and utilize data taken from several different systems such as the Defense Enterprise Accounting and Management System (DEAMS), the Commanders Resource Integration System (CRIS), and the Air Reserve Orders Writing System (AROWS) as well as reports from our Force Support Squadron (FSS) in order to validate our population and the amount spent on payroll, construction, services, and other purchases in order to determine our economic impact in Central New York and beyond," said  Capt. Melissa Forsyth, 174th Attack Wing comptroller. "This data is compiled by New York's Division of Military and Naval Affairs (DMNA) and included in the Annual Report."

According to the data being reported, Hancock Field Air National Guard Base had an annual payroll of $76.4 million, $1 million in construction, $5.9 million in services, and $7.6 million in supplies and equipment.

Payroll expenditures include pay and allowances for over 1,300 military personnel and more than 300 civilian employees.

The report also included an estimated dollar value of $17.7 million in jobs created by the base during FY 2015.

This year's total economic impact for the year of $108.6 million reflects an overall decrease in spending for the wing when compared to last year.

"Last year we had a total economic impact of $115.4 million," said Forsyth. "This year our total economic impact decreased by approximately $7 million from last year due to the amount of construction projects that were awarded."