Published: Dec 23, 2010 4:44 PM EST
Updated: Dec 23, 2010 1:45 PM EST

TALLAHASSEE - The 2011 Inaugural Committee and The Florida Chamber of Commerce yesterday announced an estimated $4.5 million economic impact to the state’s economy as a result of the events surrounding the Inauguration of Florida’s 45th Governor, Rick Scott.

“As Florida transitions to a New Year and toward a new economy, the private sector will be leading the way,” said Mark Wilson, President and CEO of the Florida Chamber of Commerce. “There’s no better way to jump start Florida’s economy than by holding Inaugural Day festivities that pump more than $4.5 million into Florida’s economy – and will do so without spending taxpayer dollars.”

Thousands of Floridians are expected to arrive in Florida’s capitol city of Tallahassee for the events of January 3 and 4 adding an additional $2 – 3 million to the local economy. They will stay in local hotels and eat at local restaurants where they will tip their waiters and waitresses, shop at local retailers and call local taxis to drive them around.

“Activities related to the Gubernatorial Inauguration could bring $2 - $3 million in direct spending to the Tallahassee community,” said Dr. Mark Bonn of Florida State University’s Dedman School of Hospitality. “That’s roughly the equivalent of an FSU home football game against an ACC opponent.”

The Inaugural Committee is organizing a dozen events in Tallahassee on Jan. 3 and 4 surrounding the official swearing in ceremony, most of them free and open to the public. These events are being funded through the generosity of private contributors. No public funds will be used for the Inaugural events.

“The inaugural events are a welcome boost to Tallahassee’s economy. In addition, we’ll have an opportunity to show Governor-Elect Scott that Tallahassee’s vibrant business community is doing its part to rejuvenate the state’s economy,” said John Marks, Mayor of Tallahassee.

 

Local business are seeing positive economic growth due to the inauguration during a season which is usually slow due to the holidays, planned vacations and end of legislative session in the state capitol.

“The Inauguration comes at a particularly good time of year for us that is typically slow,” said Andrew Reiss, owner of the downtown Tallahassee staple Andrew’s and caterer for the Salute to Women in Leadership Breakfast. “These events will provide us a great boost in both our restaurant and catering business and we are proud to be a part of this celebration with Floridians from across the state.”

“There is much to celebrate with the election of Rick Scott, including an aggressive jobs plan to turn Florida’s economy around,” said Ambassador Francis Rooney, Chair of the 2011 Inaugural Committee. “We are grateful to our donors for their support and for the opportunity to present so many great free events at no cost to the tax payers.”

For more information about the 2011 Inauguration of Florida’s 45th Governor, please visit www.ScottCarrollInaugural.com.