The Economic Impact of Rumpke on Colerain Township and Hamilton County
Prepared for:
Rumpke For more than seventy years Rumpke Consolidated Companies, Inc. (Rumpke) has
provided waste disposal services to Greater Cincinnati. Since 1932, the company,
based in Colerain Township, has grown into one of the largest privately held waste
management companies in country. Rumpke serves the tri-state Greater Cincinnati
region from its Colerain Township headquarters. The company is an important asset to
the Colerain Township economy and to the larger Hamilton County economy.
What is the Economic Impact of the Rumpke?
-
Rumpke has a total economic impact of $232,330,613 on Hamilton County.
This includes over $130 million in expenditures by Rumpke, which, in turn
produced an additional $102 million in economic activity. - Rumpke employs 1,160 people in Hamilton County, including 656 who are
County residents. An additional 627 jobs are created for County residents as
a result of Rumpke’s expenditures. These 1,283 jobs produce a total of $53
million in household earnings for Hamilton County residents. - Because of Rumpke’s position as one of Colerain Township’s largest
employers, a large portion of this impact occurs within the Township.
Roughly 35 percent of Rumpke’s total impact on employment, or 450 out of
1,283 jobs, and 35 percent of its impact on earnings, $18.5 million, occur in
Colerain Township. - Of Rumpke’s 1,160 employees, 20 percent make their homes in Colerain
Township. By comparison, only 5 percent of all Hamilton County workers live in
the Township.
What is the Fiscal Impact of the Rumpke?
- Rumpke generates $4.7 million in local government and school district
revenues through landfill fees, property taxes, employee earnings taxes, and
sales taxes. - More than half of these payments currently go to the Hamilton County Solid
Waste District, which received $2,765,000 in landfill fees last fiscal year. - Rumpke paid nearly $655,000 to Colerain Township during its 2005 fiscal
year. Landfill fees account for $481,000 of Rumpke’s contribution to Colerain
Township. These fees will increase by 80 percent beginning in September
2007, producing another $385,000 in Township revenues annually, which will
push the level of Rumpke’s total annual payments to the Township over the
$1 million mark. - Northwest Local School District received over $532,000 in local property taxes
paid by Rumpke last fiscal year. - Rumpke’s landfill operation accounts for about 75 percent of the revenues
Rumpke generates for the Township, a proportion that will increase to 85
percent in September 2007.
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