economic development plan june 12, 2019...jun 06, 2019 · new business types, 174 responses 18.97%...
TRANSCRIPT
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Economic Development PlanJune 12, 2019
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Aligning activities, resources, and efforts to:
▪ Increase local employment
▪Retain workforce and talent
▪Expand and diversify local tax base
▪ Improve local economic conditions
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▪ Thomas P. Miller & Associates (Based in Indianapolis)
▪ Process funded by Office of Community and Rural Affairs (OCRA)
▪ Identifies key industries, major economic strategies, and challenges for Brown County
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Where is Brown County today?
Where is Brown County going?
What is the community’s vision for the future?
What are the ways to achieve the vision?
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DATA
ANALYSIS
PUBLIC
SURVEY
STAKEHOLDER
INTERVIEWS
DOCUMENT
REVIEW
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4.0%
5.6%
5.2%
7.1%
3.7%
4.3%
4.5%
6.0%
5.6%
7.1%
7.6%
8.6%9.1%9.0%
5.8%
2.7%
2.4%
1.7%
3.7%
5.7%
5.1%
5.3%
4.6%
4.0%
4.3%
4.1%
5.7%
6.6%
7.8%
9.4%
9.3%
11.0%
4.0%
4.3%
2.2%
2.8%
12% 7% 2% 3% 8%
Under 5 years
10 to 14 years
20 to 24 years
30 to 34 years
40 to 44 years
50 to 54 years
60 to 64 years
70 to 74 years
80 to 84 years
% Male % Female
Median Age
49.3
38
Brown
County
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▪ Surrounding region experiencing fast growth
▪ Median household income:
▪ Brown County: $59,292
▪ Bartholomew County: $57,331
▪ Monroe County: $45,689-4%
-2%
0%
2%
4%
6%
8%
10%
2010 2011 2012 2013 2014 2015 2016 2017
Bartholomew County Brown County Indiana Jackson County
Marion County Monroe County Morgan County Johnson County
Population Change 2010-2017
-1.36%
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▪ Lower property tax than surrounding counties
▪ Higher income tax rate than surrounding counties
Location 2019 Property Tax Rate 2017County Income Tax
Brown County .38% 2.5%
Monroe County .41% 1.3%
Bartholomew County .43% 1.2%
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▪ Property tax has been volatile during this time period
▪ The total tax levy and assessed value has increased
Brown County, IN 2014 2015 2016 2017 2018 2019
Property Tax Rate 0.39% 0.40% 0.36% 0.41% 0.38% 0.38%
Total Tax Levy $4,745,464 $4,987,922 $4,436,951 $5,159,475 $4,894,909 $4,945,111
Certified Net
Assessed Value
$1,224,635,779 $1,238,005,273 $1,241,799,884 $1,258,101,455 $1,270,744,620 $1,311,352,379
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▪ Three industries make up over 45% of employment opportunities for Brown County:
Industry2018 Jobs
Brown CountyShare Expected Share
Government 804 21.6% 15.1%
Accommodation and Food
Services581 15.6% 8.6%
Retail Trade 416 11.2% 10.2%
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▪Four important industries (high share of jobs, highly concentrated, and growing since 2013):▪ Services to Buildings and Dwellings
▪ Beverage Manufacturing
▪ Home Health Care Services
▪ Nursing Care Facilities (Skilled Nursing Facilities)
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DescriptionCompetitive
Effect
Average
Earnings
5-year
Growth 2018 Jobs
Electric Power Generation
and Transmission118.4 $144,294.46 71% 263
Insurance Services 255.4 $86,412.50 61% 706
Livestock Processing 89.6 $50,280.51 44% 413
Construction Products and
Services181.9 $102,762.28 35% 1,119
Food Processing and
Manufacturing24.3 $52,537.91 33% 908
Top 5 Industry Clusters within 60 Minutes of Nashville, IN
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Three fastest growing occupations:
1
Drivers/Sales Workers
2
Home Health Aides
3
Farmworkers & Laborers, Crop,
Nursery, & Greenhouse
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STAKEHOLDER INTERVIEWS
PUBLIC SURVEY
INTERACTIVE ACTIVITIES
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▪ Natural environment
▪ Engaged people
▪ Arts/history
Industry OpportunityTotal
Responses
Tourism 16
IT, Informatics & Information Communication Technology
15
Retail 12
Healthcare 10
Biotechnology 5
What are the top industry opportunities for
Brown County? (22 Responses)
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Quality of Infrastructure, 168 Responses
▪ Roadways
▪ Wastewater treatment
▪ Water
13.69%
45.24%
36.90%
3.57%
0.60%
0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% 40.00% 45.00% 50.00%
Very Poor
Poor
Average
Good
Excellent
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▪ Broadband
▪ Telecommuting (IT)
▪ Housing
New Business Types, 174 Responses
18.97%
21.84%
26.44%
32.76%
49.43%
59.20%
67.24%
67.24%
0% 10% 20% 30% 40% 50% 60% 70% 80%
Transportation & Warehousing
Other (please specify)
Advanced Manufacturing
Agriculture
Retail
Information Technology
Health Care and Social Assistance
Tourism (Arts, Entertainment, Recreation, and
Accommodation & Food Services)
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NEXT STEPS
▪ Leverage existing assets such as tourism, natural environment, and local workforce
▪ Address major challenges to County infrastructure and housing needs
▪ Retain and attract population toexpand local workforce and tax base
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Vision & Strategies1. Promote and preserve Brown County’s natural
environment
2. Promote Brown County as home for diverse and
talented individuals
3. Foster Brown County’s identity as a destination for
tourists interested in the arts, outdoors, and historic
small-town charm
4. Leverage a growing presence of health-related
industries in Brown County and surrounding region
5. Promote Brown County’s interests within Southern
Indiana
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PROMOTE & PRESERVE NATURAL
ENVIRONMENT
▪ Assess and mitigate potential environment risks presented from residential solid waste systems in the County
▪ Address trash and litter throughout the County
▪ Protect from Natural Disaster & Environmental Degradation
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HOME FOR DIVERSE & TALENTED
INDIVIDUALS
▪ Improve infrastructural capacity to support additional residential development and entrepreneurial opportunities
▪ Promote and preserve affordable and diverse housing options to support existing and future residents
▪ Develop amenities to encourage and support entrepreneurial efforts in the County
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TOURISTS INTERESTED IN
ARTS, OUTDOORS, & SMALL-TOWN CHARM
▪ Enhance and support existing presence of arts in Brown County
▪ Expand hotel and traveler accommodation options in Brown County
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GROWINGPRESENCE OF
HEALTH-RELATED INDUSTRIES IN
REGION
▪ Expand opportunities for individuals interested in careers in Health
▪ Identify economic development potential of related fields
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PROMOTE INTERESTS IN SOUTHERN INDIANA
▪ Promote Brown County’s identity and unique characteristics within Southern Indiana
▪ Promote a unified brand across Brown County planning efforts
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Alexander McGrath
Project Consultant
Economic Development and Community Resiliency
Thomas P. Miller and Associates
Mobile: 708-642-2539