new milford 2020 pocd update...2018/12/20 · –2016 new milford’s revenue’s totaled $107.7...
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New Milford 2020 POCD Update
Update of Conditions and Trends
12-20-18
Agenda
Land Use
Natural Resource Inventory - Open Space
Existing Land Use
Zoning
Residential Build Out
Demographics
Total Population by Year
Population by Age
School Enrollment Actuals and Projections
Housing
Economic Overview
Fiscal Overview
Land Use – Natural Resource Inventory
• Open Space: New Milford’s Open Space inventory continues to grow and now totals 7,414 acres, representing 19.5% of the 37,104 acres suitable for building.
– The State’s goal is to preserve 21% of land by 2023
– HVA has recently updated the Town’s Open Space Map as well as a map of Farm Parcels & Protected Farmland & Farmland Soils
• Natural Resource Inventory: The Committee should consider an expanded Natural Resource Inventory to also evaluate natural habitat areas including wetlands, watercourses, and watersheds; and large expanses of forests (core forests).
Source: New Milford Conservation Commission and HVA
Land Use – Existing Land Use Due to the Economic Downturn beginning in the late
2000’s we believe that the overall area of committed
land uses has not changed significantly since the 2010
POCD was prepared.
Land Uses
Residential
Industrial & Commercial
Open Space
Institutional & Community Facility ROW, Utility, Water Features, Transportation
Vacant or Uncommitted Land
Land Use - How New Milford is Zoned
Residential 85%
Commercial andIndustrial 8%
Other Zones 1%
No Zone (ROW,Water Feature,Other) 6%
Over the past 10 years there has been no significant change to the New Milford Zoning Map.
Land Use - Residential Build Out
• A Build-Out Analysis completed
in 2008 for the 2010 POCD found the
Town could accommodate 3,877 to
5,538 new dwelling units based on the
Zoning and land characteristics
at that time.
• Based on the limited changes
to the Zoning Map and Regulations,
and the slower rate of new dwelling
construction, we believe the 2008
analysis is still valid.
Demographics
• Demographic conditions and trends, concerning number, age, distribution and other population characteristics, provide important guidance for issues that must be addressed by planning.
• Population growth projections, while somewhat speculative, are essential to provide a framework for planning.
Population of New Milford Current Population estimate 27,501
15,000
17,000
19,000
21,000
23,000
25,000
27,000
29,000
2010 2020 2030 2040
ProjectedPopulation
Source: Connecticut Census State Data Center
• Deaths are exceeding births
• Few job opportunities for young people
Population by Income
2016 Per Capita Income New Milford $38,056 State $39,906
2016 Household Median Income New Milford $81,350 State $71,755
Percent of Population by Age
0%
5%
10%
15%
20%
25%
30%
35%
40%
1980 2000 2016 2030
Infants
School Age
Young Adults
Middle Adults
Mature Adults
65+
Source: Connecticut Census State Data Center
Median Age 2016 New Milford: 44 State: 41
Public School Enrollment Actuals and Projections
0
500
1000
1500
2000
2500
3000
3500
4000
4500
5000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Projected
Actual
Source: Milone & Macbroom and Board of Education
Housing • Housing characteristics provide strong insight
into a community. Like many towns in Connecticut, New Milford is primarily developed for residential use.
New Milford’s Housing
78% of New Milford Dwelling Units are Owner-Occupied
Age of Housing/# of Bedrooms
Housing Burden How much we pay for housing…
New Milford Renters and Home Owners spend a higher percentage of their income on housing than the state average.
Housing Burden
According to CERC, 56.9% of New Milford Renters are “Cost-Burdened” Median Rent $1,144/month
New Milford’s Economy
As recommended by the 2010 POCD, the Town is in the process of hiring a consultant to perform a Market Analysis to be used, in part, for the update of the POCD. – The Market Analysis Report should be ready in mid-
spring – The study will assess various areas of town including
the Downtown, Riverfront, Routes 7 and 202 Corridors, Northville and Gaylordsville
– The study will provide updated data, analysis and trend information relating to New Milford’s economic structure, including labor force and jobs
– The study will identify target economic opportunities
Numbers of Residents Working in New Milford and Danbury
Source: HVCEO, CERC and U.S. Census Bureau
0
1,000
2,000
3,000
4,000
5,000
6,000
2000 2014
New Milford
Danbury
Compared to 2010 POCD data, for New Milford all sectors lost jobs except “Accom&Food Services” increased by 50%
Total New Milford Jobs 1970-2016
0
2000
4000
6000
8000
10000
1970 1980 1990 2000 2007 2016
Number of Jobs
Number of Jobs
Source: CTDOL and CERC
Top Employers in New Milford
• Town of New Milford (including BOE)
• Western Connecticut Health Network
• Kimberly Clark Corp.
• Litchfield Crossings
• Neeltran (was not in top 10 in 2010 – Neeltran’s expansion is a bright spot for manufacturing in New Milford!)
Fiscal Conditions
• A great deal can be learned about a town by reviewing its fiscal conditions: budget and taxes.
• Comparing these conditions to those of other towns, as well as to recent history, provides planning perspective.
Fiscal Overview
• Revenue:
– 2007 New Milford’s Revenue’s totaled $88 million
– 2016 New Milford’s Revenue’s totaled $107.7 million, an increase of 22% over 9 years.
• Mill Rate: A tax rate of 1.0 mills is equivalent to $1.00 in taxes per $1,000 of net assessed value.
– 2006 Mill Rate 21.34
– 2018 Mill Rate 28.17
– Mill Rate increase of 32% over 12 years
Source: Town of New Milford’s Basic Financial Statements, Supplementary Information and Independent Auditor’s report, dated June 30, 2017 and 2010 POCD.
Source: Town of New Milford’s Basic Financial Statements, Supplementary Information and Independent Auditor’s report, dated June 30, 2017 and 2010 POCD.
Source: Town of New Milford’s Basic Financial Statements, Supplementary Information and Independent Auditor’s report, dated June 30, 2017 and 2010 POCD.
Net Taxable Grand List 2006-2015 (Full Value Estimate of Taxable Property in Town)
2500000
2600000
2700000
2800000
2900000
3000000
3100000
Net Taxable Grand List
Net Taxable Grand List
Source: Town of New Milford’s Basic Financial Statements, June 30, 2017
Grand List Decreased 4.5 % from 2006-2015
New Milford Grand List Components October 1, 2015 Grand List Assessment
Grand List Components
Residential
Commercial/Industrial/Public Utility
Motor Vehicle
Personal Property
Other
Ten Largest Taxpayers 2017 Grand List
• Kimberly-Clark (Manufacturing) 3.4% • Eversource Energy (Utilities) 2.3% • Ub Litchfield, LLC (Retail) 0.5% • Litchfield Crossing (Retail) 0.4% • First Light (Utility) 0.47% • Aquarion Water Co. of CT (Utility) 0.33% • Home Depot USA Inc. (Retail) 0.30% • UB New Fairfield Plaza LLC (Retail) 0.19% • UB New Milford LLC (Retail) 0.18% • Housatonic RE II LLC (Manufacturing) 0.18%
Tax Levy Per Capita FY 2016
$0$500
$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500$5,000
Tax Levy Per Capita
Tax Levy Per Capita
Outreach Postcard Side 1
Outreach Postcard Side 2
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