For the first time ever, an economic impact study of the 750 miles of shoreline on pristine Lake Martin has been conducted with results that reveal significant eye-opening information, which deserve attention.
Existing development on the lake and in waterfront subdivisions has a staggering total appraised value of $3.4 billion with future development expected to add an additional $4.8 billion in value.
Annual tax revenue from lakefront properties in counties and municipalities surrounding Lake Martin total $13.5 million dollars.
Lake residents and guests account for approximately $89 million annually in retail sales for Tallapoosa, Coosa and Elmore Counties.
Given these incredible numbers, one can only imagine what the numbers might be if the water tables on Lake Martin were kept at full pool April 1 through October 15 instead of what it is currently - May 15 through Labor Day.