Imported Revenue-City of Providence
Imported Revenue $26,904,533
| 1. Off-campus students (student survey) Apartment rental income Utilities Food & other living expenses Discretionary spending |
$8,515,115 $5,211,445 $532,494 $1,282,439 $1,488,737 |
| 2. On-campus students (student survey) Food & other expenses (no campus meal plan) Discretionary spending |
$10,140,839 $4,481,075 $5,659,764 |
| 3. PC employees living in Providence (estimate) Apartment rental income |
$1,790,100 |
| 4. Parent/alumni visitation (hotels/restaurants – estimates) Commencement Weekend Formal Parent Weekends (Freshmen) Informal parent weekend visits Upper class student “Move In” Day Freshmen Orientation Formal Alumni/Trustee Weekends (Alumni, SDS) |
$3,619,893 $1,292,750 $895,700 $433,240 $323,087 $133,400 $541,716 |
| 5. Other PC visitors (hotels/restaurants – estimates) Visiting athletic teams Summer athletic camps Student prospects – campus visits Admitted students – campus program |
$1,473,022 $942,513 $31,854 $451,011 $47,644 |
| 6. Men’s basketball attendees/Dunkin’ Donuts Center (hotels/restaurants – estimate) |
$879,767 |
| 7. College faculty/staff recruitment (hotels/restaurants) | $30,657 |
| 8. Wedding receptions held in Providence (estimate) (ceremonies held in PC Chapel) |
$205,150 |
| 9. PC grant to Smith Hill Community Development Corporation (for affordable housing – $750,000 over three years) |
$250,000 |
