promoting economic transition in coal communities: a case … · 2019-11-04 · strike team awarded...
TRANSCRIPT
![Page 1: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/1.jpg)
PromotingEconomicTransitioninCoalCommunities:
ACaseStudy
![Page 2: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/2.jpg)
SchmidtFuturesFoundationAlliancefortheAmericanDream
AmericanDreamIdeasChallenge:Raisetheincomesof10,000householdsby10%by2020
UniversityofUtah’sCoalCountryStrikeTeamoneoffourwinnersArizonaStateUniversityOhioStateUniversityUniversity ofWisconsin
StrikeTeamawarded$900,000fromSchmidtFutures+$500,000appropriationfromLegislature
![Page 3: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/3.jpg)
Other Measures of Economic Distress1. Unemployment2. Out-migration3. Poverty
4. Housing5. Opioid crisis
Employment Change, 2008-2017
Source: Bureau of Labor Statistics
Utah’s Coal Country
-12%U.S.
+13%Utah
+28%
Hunter Powerplant, Castle Dale, Utah
UtahCoalCountryEmploymentChange,Q12009–Q12019
CoalCountry
RestofState
1,100,000
1,150,000
1,200,000
1,250,000
1,300,000
1,350,000
1,400,000
1,450,000
1,500,000
10,000
10,500
11,000
11,500
12,000
12,500
13,000
13,500
14,000
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
RestofState
CoalCou
ntryJo
bs
Source:U.S.BureauofLaborStatistics
![Page 4: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/4.jpg)
UtahCoalCountryOther Measures of Economic Distress1. Unemployment2. Out-migration3. Poverty
4. Housing5. Opioid crisis
Employment Change, 2008-2017
Source: Bureau of Labor Statistics
Utah’s Coal Country
-12%U.S.
+13%Utah
+28%
Hunter Powerplant, Castle Dale, Utah
August2019UnemploymentRates
U.S.
3.7%Utah
2.8%Utah’sCoalCountry
3.9%OpioidPrescriptionsper100Residents,2017
Utah
63.8Carbon
154.1Emery
80.2Source:UtahDepartmentofWorkforceServices
Source:CentersforDiseaseControlandPrevention,NationalCenterforInjuryPreventionandControl;2017data
U.S.
58.7
![Page 5: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/5.jpg)
![Page 6: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/6.jpg)
Assetsn Great Locationn Exceptional Broadbandn Spectacular Natural Beautyn Iconic Mining Townn Public University
Silicon Slopes East+
Workforce Training/Jobs
Hearth & Home
Housing Revitalization
Red Rock Gateway
Tourism Infrastructure Economic Development Support
Custom Incentives
InitiativesSan Rafael Swell
UtahCoalCountryAssets/StrikeTeamInitiatives
![Page 7: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/7.jpg)
CustomIncentives• Providelong-termeconomicprojectionsfortheregion
• Baseline• BestCase• WorstCase
• Researchregionalizedeconomicincentives• Incentivizerural(EDTIF)• Smallbusiness• Home-grownentrepreneurs• Amenities/qualityoflife/arts• Visionsupportandleadershipdevelopment• Supportresidents(e.g.incometaxcredit)• MainSt.retail• Capitalinvestment,incl.MainSt.beautification
![Page 8: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/8.jpg)
OpportunityZone•SeveralongoingdiscussionsaroundpropertyonRidgeRoadbeingusedforindustrial
•LovelessAshVacuumsexpansion
•AnumberofsolardealsthatcouldpotentiallybeintheOZ
•Negotiationswithfederalagencies(EDA,USDA)aboutcreatingspecificgrantprogramsforthecounty’sOZ
![Page 9: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/9.jpg)
®
StrikeTeamMomentum
$900kawardedbySchmidtFuturesNationallyrecognizedconferenceaward$500kappropriationUtahlegislativesupportBusinesscommitmentsOvertwodozenbusinesssupportersEngagedcommunitySupportfromapproximately70electedofficials,businessleaders,andcommunity/technicaladvisorsUtahCongressionalDelegationMeetinginWashington,DCwithSens.RomneyandLeeValuedpartnershipsSiliconSlopes,SaltLakeChamber,U.S.Rep.Curtis,andUtahLt.Governor
MajorMilestones CurrentSupporters
![Page 11: Promoting Economic Transition in Coal Communities: A Case … · 2019-11-04 · Strike Team awarded $900,000 from Schmidt Futures + $500,000 appropriation from Legislature. Other](https://reader034.vdocuments.net/reader034/viewer/2022050205/5f58a243b99f99342e59dd8a/html5/thumbnails/11.jpg)
ProgressinOtherInterventionsSiliconSlopesEast+• Workforcetraining:technical,
creative/entrepreneurial,healthcare,tourism/service,manufacturing
• Encouragedigitalentrepreneurship
RedRockGateway• TourismDevelopmentFund• Increasesignage,beautifyMainSt.,etc.
Hearth&Home• Provideresearchontheeffectsof
low-incomehousinginruralareas