independent economic development task force meeting #22 february 5, 2014 k. gleasman 10/8/20151
TRANSCRIPT
Independent Economic Development Task
ForceMeeting #22
February 5, 2014
K. Gleasman
04/21/23 1
Agenda
1. Review and approve meeting notes from Mtgs #20 and #212. Open forum with public, 30 min (5 min per person)3. NC Dept of Commerce Data
a. Wages, employed, unemployed and unemployment rateb. Number of establishments in Transylvania Countyc. Deeper dive on wages
4. Targeted industries5. Other topics from task force6. Public Comment – Summarized Input7. Adjourn
04/21/23 2
Mtg 20 Meeting Notes
Members Present: x Bradford x Gleasman x Harris x Higgins x Neumann x Watkins x WhitmireMembers Absent: q Bradford q Gleasman q Harris q Higgins q Neumann q Watkins q WhitmireOthers Present: Two members of the public, Derek McCissock of Transylvania TimesRecording Secretary:Karen GleasmanITEM DISCUSSION BEYOND SLIDE DECK ACTIONReview and approve Mtg Notes 19 ApprovedDiscussion with Dr. Patricia Mitchell Dr. Mitchell is responsible for: Rural Grant Money
Assistant Secretary Rural development Main StRural Dev Div Appalachian Regional CommissionNC Dept of Commerce Rural center active grants - 557 grant for $70M
Grants now available for job creating infrastructure: vacant buildingFormerly ED lead for restoration, rail, gas, critical water, broadband
Ashe County No ED structure required by NC boardThere are 80 rural counties in NCIn Ashe County, Dr. Mitchell created an ED infrastructure reserve by
allocation of 1/2 cent of tax rate (totalled $900K)Incoming investment is not all that sensitive to tax rate, instead criteria
includes distance to interstate, airports, workforce, Strongly recommends establishing relationship with Raleigh even though
she could not point to landing a new business for Ashe County Do not rely on state to resolve economic development issues, must
solve locallyOther topics from task force Set up one on one or one on two meeting to finish 1/29/14 presentation
Public comment through email Email account open:[email protected]
Adjourn
Transylvania CountyIndependent Economic Development Task Force
1/22/2014 Mtg 20
04/21/23 3
Mtg 21 Meeting Notes – Public Presentation
Members Present: x Bradford x Gleasman x Harris x Higgins x Neumann x Watkins x WhitmireMembers Absent: q Bradford q Gleasman q Harris q Higgins q Neumann q Watkins q WhitmireOthers Present: Over 60 members of public live in Rogow Room of Library, others tuned into live video feed, Daily Waterfall, and Transylvania TimesRecording Secretary:Karen GleasmanITEM DISCUSSION BEYOND SLIDE DECK ACTIONPublic Presentation in Rogow Room of the LibraryIntroduced teamPurpose and Scope of discussion Post corrected presentation deck for publicEconomic Development Org Distribute video link - thanks to the Daily Waterfall
recommendation and CRUNCH Media http://vimeo.com/85673809
Discuss Anticipated questionsDiscuss other questions Consider alternate board members - school, neither a business leader Answers to these questions can be found by
nor owner listening to the videoExplain 5 new, 3 net positions.Will 5 new individuals be non-governmental?What is being done to bring various ED efforts together?What is meant by Business Retention and Expansion?Three concerns: how does this relate to newly announced state initiative,
where is local college in recommendation, county pays but gets 1 vote
For counties who succeed there is consensus and collaborationWhat is timeline to move forward?There are numerous ways for Brevard College to be layered throughout.What will be scorecard? And how/when made public?How will concierge help with current challenges for business with regs?Will this org be forever public funded?How many businesses do we have? Average wage? Wage of neighbors?
how many jobs does this involve.How will we qualify successes to efforts of this organization?Why is private more responsive?How will board be selected?Beaurocracy makes it tough for non-corporately owned businesses.What's meant by self-renewing board?
Next Steps
Public comment through email none received prior to public presentation Email account open:[email protected]
Adjourn
1/29/2014 Mtg 21
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NC County Comparison Data from NC Dept of Commerce, Labor and Economic Analysis Div
County Average Wage/Hr Employed Unemployed Unemployment Rate
Tier
Henderson $17.91 48,891 2608 5.1% 3
Buncombe $18.47 120,669 6426 5.1% 3
Haywood $17.79 26,826 1638 5.8% 2
Jackson $19.57 20,054 1251 5.9% 1
Macon $16.61 14,633 1137 7.2% 2
Transylvania $15.43 11,376 835 6.8% 2
NC $20.07 4,315,366 305 6.9%
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Transylvania – establishments by industry sectorIndustry Sector Establishments Employment Total Wages Taxable Wages
Agriculture, Forestry, Fishing & HuntingMiningUtilitiesConstruction 122 356 $2,824,260.00 $2,264,593.00 Manufacturing 33 385 $3,627,698.00 $2,276,095.00 Wholesale Trade 31 148 $1,567,477.00 $821,430.00 Retail Trade 121 1,356.00 $7,330,360.00 $5,766,278.00 Transportation and Warehousing 19 100 $1,160,048.00 $393,479.00 Information 10 141 $1,475,242.00 $988,362.00 Finance and Insurance 43 193 $2,083,118.00 $1,025,311.00 Real Estate and Rental and Leasing 51 117 $818,350.00 $735,264.00 Professional and Technical Services 90 224 $2,136,253.00 $1,132,721.00 Administrative and Waste Services 50 237 $1,741,690.00 $1,222,445.00 Educational Services 21 1,037.00 $8,375,658.00 $1,771,238.00 Health Care and Social Assistance 61 1,507.00 $13,559,049.00 $4,237,451.00 Arts, Entertainment, and Recreation 19 207 $1,177,194.00 $982,920.00 Accommodation and Food Services 86 1,257.00 $5,120,269.00 $4,779,212.00 Other Services, Ex. Public Admin 69 305 $1,798,405.00 $1,415,238.00 Public Administration 19 743 $6,204,201.00 $33,596.00
845 8313 60999272 2984563304/21/23 6
Preliminary Conclusions
• Transylvania’s unemployment rate ~1.7% higher than Buncombe and Henderson
• Matching the rates would result in additional 212 people in Transylvania working (assuming no changes in workforce)
• Wages are significantly lower• Do we have a higher percentage of lower paid occupations?• Matching occupation, how do wages compare?
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Some wage dataTransylvania Henderson Buncombe
Occupational GroupEstimated
EmploymentEstimated
Entry Wage
Compared to Henderson
Compared to Buncombe
Estimated Average
Wage
Compared to Henderson
Compared to Buncombe
Estimated Experienced
Wage
Compared to Henderson
Compared to Buncombe
Estimated Employment
Estimated Employment
Total, All Occupations 9,230 $8.67 -4% -5% $15.43 -16% -20% $18.81 -19% -23% 30,960 118,710
Management Occupations 300 3% $21.29 -4% -11% $35.89 -20% -21% $43.19 -24% -24% 920 3% 4,040 3%
Business and Financial Operations Occupations 160 2% $14.43 -9% -19% $22.21 -21% -21% $26.09 -24% -22% 820 3% 3,360 3%
Computer and Mathematical Occupations 70 1% $17.10 4% 1% $24.54 -8% -22% $28.25 -11% -28% 230 1% 1,520 1%
Architecture and Engineering Occupations 0% $15.11 -18% -18% $26.64 -11% -3% $32.41 -9% 0% 340 1% 1,810 2%
Life, Physical, and Social Science Occupations 120 1% $13.43 -42% -43% $22.55 -17% -102% $27.10 -11% -117% 70 0% 890 1%
Community and Social Services Occupations 150 2% $10.90 -16% -21% $17.18 -9% -12% $20.32 -7% -10% 400 1% 1,960 2%
Legal Occupations 0% 110 0% 790 1%
Education, Training, and Library Occupations 1,510 16% $10.49 -21% -12% $17.35 -16% -14% $20.77 -14% -15% 1,660 5% 6,600 6%
Arts, Design, Entertainment, Sports, and Media Occ 130 1% $9.16 -13% -1% $15.21 -20% -15% $18.24 -22% -18% 290 1% 1,340 1%
Healthcare Practitioners and Technical Occupations 410 4% $18.33 6% 4% $33.86 -10% -3% $41.62 -14% -5% 1,980 6% 10,830 9%
Healthcare Support Occupations 550 6% $10.18 7% 12% $11.96 -5% -4% $12.84 -10% -11% 1,410 5% 5,360 5%
Protective Service Occupations 240 3% $8.81 -32% -13% $15.48 -17% -8% $18.81 -14% -7% 490 2% 2,370 2%
Food Preparation and Serving Related Occupations 790 9% $8.08 0% 0% $9.37 1% -9% $10.01 1% -12% 3,260 11% 15,160 13%
Building & Grounds Cleaning & Maintenance Occup. 370 4% $8.08 0% 0% $10.89 3% -7% $12.30 5% -10% 1,330 4% 3,880 3%
Personal Care and Service Occupations 160 2% $8.01 0% -1% $11.96 14% 3% $13.94 18% 4% 640 2% 2,750 2%
Sales and Related Occupations 1,270 14% $8.20 -2% 0% $11.46 -43% -35% $13.09 -56% -45% 3,130 10% 14,320 12%
Offi ce and Administrative Support Occupations 1,170 13% $9.46 -12% -4% $14.03 -11% -5% $16.31 -11% -6% 4,390 14% 18,810 16%
Farming, Fishing and Forestry 0% 250 1% 60 0%
Construction and Extraction Occupations 330 4% $11.95 6% 1% $16.63 3% -1% $18.96 2% -2% 1,350 4% 3,590 3%
Installation, Maintenance, and Repair Occupations 0% $8.26 -42% -43% $11.57 -60% -60% $13.22 -65% -65% 1,640 5% 3,990 3%
Production Occupations 340 4% $8.67 -14% -15% $14.50 -15% -3% $17.42 -15% 0% 3,930 13% 8,020 7%
Transportation and Material Moving Occupations 460 5% $8.15 -8% -12% $11.91 -24% -20% $13.79 -28% -22% 2,310 7% 7,270 6%8530 92% 100% 100%
04/21/23 8
Interesting to note for Transylvania County• Zero working in the following occupations:
• Architecture and Engineering• Legal• Farming, Fishing, and Forestry• Installation, Maintenance and Repair
• Only 81% of total employed included in wage data• Of those included in wage data, 8% not assigned to an occupation• Therefore these conclusions are not precise
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Unexplained Differences
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Rough* Conclusions from wage data*See Slide
6 • Transylvania has a higher percentage of Education, Training, and
Library Occupations16% TC compared to 5% HC and 6% BCWages for this occupation ~15% lower in TC compared to HC & BC
• We have a comparable percentage of food service occupations9% TC compared to 11% HC and 13% BC
• We have a lower percentage of production occupations4% TC compared to 13% HC and 7% BC
• Average and Experienced Wages are 16 – 23% lower in TC compared with HC and BC
04/21/23 11
Targeted industry brainstormed list 10/9/2013
Goldsmith Industries
Industries Industries Industries Target Company Profile
Nutraceuticals Aerospace industry parts Cut & Sew Medical care recoveryRev range: $50K - $50M
Outdoor Recreation Equipment Composites 3D Printing
Number of employees: 1-150
Food and Beverage
Consider methods of mfg: e.g. precision maching, web based
Environmental industries, e.g. recycled matls -> t-shirts
Retention/expansion of current businesses
Automotive Parts Brevard College BRCCQuality of place is big draw
Sports, Health, and Wellness Bamboo CampsPotential for above average pay
Solo Worker Destination spa Medical equipment
Tourism Destination health club Labs e.g. biomedical
Research lab: e.g. farm/agri Build musical instruments
Food processing, e.g. apples More movies hereArtisanal agriculture, e.g. mustards, Do More bars Music recording studios
Expansion of TVS EventsParts/supplies for existing comp., e.g. cans for OSKAR BLUES Continuing careMore like Everett Farms, Busy Bee
NOT in conflict with quality of place
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Shall we sort by targeted industries recently published by NC Dept of Commerce?1. Manufacturing2. Knowledge Creation3. Military4. Agriculture Forestry and Food5. Bio Pharma6. Business Services7. Hospitality, Tourism, & Entertainment8. IT/Software9. Transportation Logistics10. Energy04/21/23 13
Other topics from task force members
04/21/23 14
Public Comment – process
• Please send public comment to:o email address: [email protected] or
• Or provide in writing prior to or after each meeting.• New email will be accessible to all task force members• Karen Gleasman will ensure written comments are passed on to all
task force members
04/21/23 15
Public Comment received through EMAILUnfortunately I “misspelled” email address at the end of the 1/29/14 public presentation, leaving off TC in front of TCIEDTF. My apologies, KG
•Stoney Blevins – recommended funding for new org come from city as well as county•Terry Nichelson – several suggestions which can be found in their entirety on the Daily Waterfall – topics nimble, perceptions, real estate prices, message control, transplant investor wants, language choice, composition of board.
04/21/23 16
Adjourn
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How are tier rankings made
Tier rankings take into account four factors: Adjusted property tax base per capita for the most recent taxable year (2014-15) Percentage growth in population for the most recent 36 months for which data are available (July 2009–July 2012) Median household income for the most recent twelve months for which data are available (2012) Average unemployment rate for the most recent twelve months for which data are available (September 2012–August 2013) The years in parentheses for each variable indicate the years that are used to rank counties for 2014 tier designations. Each county is ranked from 1 to 100 on each variable, making the highest possible Distressed County Sum 400, and the lowest 4. After calculating the Distressed County Sum, counties are then ranked from most distressed (1) to least distressed (100) in order to determine their Distressed County Rank.
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How are tier rankings made
Additional tier ranking criteria based on the Development Tier Designation statute specifies the “automatically qualifying criteria” below for Tier 1 and Tier 2 status .
Tier 1 “Automatic Qualifiers” A county must be Tier 1 for at least two consecutive years A county with less than 12,000 people A county with a population between 12,000 and 49,999 AND a poverty rate of 19 percent Or greater. Tier 2 “Automatic Qualifiers” A county with a population between 12,000 and 49,999
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For example, Haywood “slipped” from 3 to 2
As an example: Haywood County continues its shift between Tiers 2 and 3. Its overall tier rank in 2014 is 79, one of the highest level Tier 2 positions, but this change only represents a loss of four places from the county’s 2013 rank. While its Adjusted Property Tax Base Per Capita rank increased from 28th to 25thand its Median Household Income rose from 48thto 47th,these small improvements could not compensate for the county’s slowing Population Growth rate . Between 2013 and 2014 Haywood County’s Population Growth slowed from a rate of 2.95 percent to 1.23 percent, dropping its rank 16 places to 54th
.
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