Base impact tops half billion dollars Published Feb. 23, 2011 By Capt. Genieve David Minot Air Force Base Public Affairs MINOT, N.D. -- Minot Air Force Base's economic impact was briefed to the military affairs committee during the monthly MAC luncheon here Feb. 17. According to Lt. Col. Barry Eddins, 5th Comptroller Squadron commander, the fiscal year total annual economic impact is estimated at a grand total of $513, 673,022. "We are proud to be economic members of North Dakota, and social members of the community," Col. Julian Tolbert, 5th Bomb Wing vice commander said. "We certainly feel at home here." The city of Minot and surrounding communities have seen an 18 percent growth in economic impact since 2008. Part of that growth can directly be attributed to the reactivation of the 69th Bomb Squadron on Sept. 3, 2009. The base offers a total of 12,865 personnel comprised of Active Duty and their military dependants, reservists, appropriated fund civilians, and non-appropriated fund contract civilians and private business. The expenditures for construction, services and procurement of materials equipment and supplies for the base ran at a total of $146,174,379. The breakout of the construction, which included military construction, military family housing, operations and maintenance and other miscellaneous categories, totaled more than $107M. Services contracts accounted for more than $3.4M. Materials, equipment and supplies procurement for the commissary, Base Exchange, health, education, TDY, and other miscellaneous items not included elsewhere, totaled well over $35M. Additionally Colonel Eddins contended approximately 2,156 additional indirect jobs were created in Minot with and estimated annual dollar value of more than $72M for fiscal year 2010. "Minot Air Force Base will continue to have a positive impact on the city of Minot and the surrounding communities," Colonel Eddins said.