economic development
TRANSCRIPT
Economic Development
Collaborated by: Elise Fuller, London Lamar,
Courtney McNeil, Wendy G. Santee,
Robyn M. TaylorNY, NY Skyline
Introduction to the ReportLooking at the Economic Impact of Urban America
City Snap Shot– Arlington, TexasMedium size city- Moving Forward
City Snap Shot– Chicago, Illinois The Windy City
City Snap Shot– New Orleans, LouisianaThe Big Easy
City Snap Shot– Philadelphia, Pennsylvania City of Brotherly Love- First Class City
Collaboration of Cities– SummaryThe Future of Economic Growth and Revitalization
City Snap Shot– New York, New York The Big Apple
First
Second
Third
Fourth
Fifth
Sixth
New Orleans Skyline
The Process of Economic DevelopmentOverview of Policy Area
What and why do cities need Economic Development (ED)?
Local Economic Development is a process for achieving and
maintaining the economic growth. Development Specialist,
Robert Weaver articulates it as the “haves and the have not's”
The “Haves” see
Economic Development
as a tool for:
The “Have Not's” see
Economic Development
as:
Managing Growth Initiate Programs; that
encourages growth
Economic Expansion Declining or Stagnant
Population
Residential Expansion Declining Tax Base
*Adapted from Managing Urban America By: Robert E, England,
John P. Pelissero, David R. Morgan
• Medium Size City
• Council-Manager Government Model
• Rebranding of an American City-
• Attracting new economical entities
• Entertainment Capital of Texas
• Top Revenue
• Taxes
• Tourism
• Public campaign to draw awareness to quality life for all
citizens and the holistic approach to investing in environmental
and economical.
Arlington, Texas
City Snapshot – 138 Year Old City
Population374,000
City Mayor Robert Cluck
8 Council Members
Founded 1876
• Large City Model over 2 Million Residents
• Mayor Council Government Model
• Continuing to cut spending and Reforming
to fix 265 Million budget deficit
Key investments
• Free Pre-K for Low Income 4 year old
• After school programs and development of
Adolescent jobs
Improving neighborhood services with cleaning
blight/graffiti and increasing police patrol by bikes in
community better police and citizen engagement.
Chicago, IL
City Snapshot-181 Year Old City
Population2.719,000
City Mayor Rham Emanuel
50 Wards
Founded1833
• Large City Model over 8 Million Residents
• Mayor Council Government Model
• START UP NY is an initiative to create tax free
communities for new and expanding
businesses on SUNY businesses will be able
to locate to certain zones and operate 100% tax free
Keeps Citizens informed 311
No City Manager-City Council
Trifurcated Process: Policies for allocation, developmental
and redistributive.
New York, New York
City Snapshot-390 Year Old City Population 8,405,837
City MayorBill de Blasio
51 Council
Members
Founded 1624
• Large American City
• Mayor Council Government Model
• Restoring City Infrastructure
• Public Safety
• Quality Jobs
• Restoring Healthcare
• Balance budget since 2010
• Fixing blighted areas
New Orleans, LA
City Snapshot-296 Year Old City
Population343,829
City MayorMitchell Landrieu
Council 5/ 2 Members at Large
Founded1718
• First Class City
• Mayor Council Government Model
• Mayor has Broad Power/Strong Mayor
• Increasing public safety funding
• Increasing EMS Staff
• Preserving Historical sites
• Fortune 500 Companies
• Old historical sites with new modern sites
• Economic Center for culture, arts, culinary
Philadelphia, Pennsylvania
City Snapshot-332 Year Old City
Population 1,553,165
City Mayor Michael Nutter
6 Council Members
Founded1682
While the new Urbanism Model is using transparency of the government to work with the communities. It is also seen through the research that all communities are looking at using renewable energies. Which is creating new jobs and growth opportunities to our city landscapes.
It is also shown that most cities show an decrease in Federal grants. Programs such as Arlington, TX Chapter 380 or New Yorks, SUNY Program or Phillys Aviation fund are unique to their cities needs and growth.
City Snapshot-Collaboration of Cities
PERFORMANCE MANAGEMENT
Performance
measurement is a
tool that is based
on outcomes
that are linked to
the agency or
The departments
mission.
• Looking at Economic
Development in the five cities
which programs are
available to help sustainable
organizations develop local economies?
• To achieve success in
measurement what
standards should be looked
at and earmarked?
QUESTIONS TO ASKS
Research MethodsStrategic Performance Management in Local Governments
Philadelphia, PA Skyline
Is…. Is Not…
Driven by Results driven by
processes
Focused on
Citizens
Bureaucracy
Celebrates Value
Achieved
Hindering
Accountability
Forward thinking Not reactive
Research MethodsStrategic Performance Management in Local Governments
Philadelphia, PA Skyline
PERFORMANCE MANAGEMENT
Challenges in Doing the ReportFive City Challenge
Political Challenges
Competing
ideologies, values
and goals
Changes in
leadership
Lack of interagency
coordination
Different Leadership
Unifying findings to
develop strategic
framework.
Arlington, Texas
Chicago, IL
New Orleans, LA
New York, NY
Philadelphia, PA
• All cities are becoming less
dependent on Federal Monies.
• All cities are developing sustainable
economies and looking at the big
Global Market.
Key FindingsEconomic Development
Arlington/DallasTexas Skyline
Analysis of Economic Development
Integrated Municipal Financial SystemAdapted from Managing Urban America, Morgan, et, al.
Goals and Objectives
Review Community Needs
Review Past Performance
Establish Priorities
Budgeting
Multiyear Plan
Revenue forecasting
Budget preparation and Adoption
Integrated Financial Evaluating
Financial audits
Performance Audits
Program Evaluation
Reporting and Monitoring
Compare Planned vs. Actual Spending
Monitor department performance
Take Corrective action
Planning and
Information
Systems joins
Financial
Accounting,
Program
Accounting
and
Management
Analysis
Revenue Sources come from a variety of taxes. Below is a list of taxes comparing the cities taxes with other revenue baring taxes within the State. Cities receive funds from two major sources revenues and intergovernmental funds.
Taxes in the 5 CitiesWhere does Revenue come from?
Geographic Region Corporate
Tax
Sales
Tax
Income
Tax
Property Tax
Per Capita
Arlington, TX 0% 6% 0% $1305.00
Chicago, IL 9.5% 6.25% 5% $1881.00
New York, NY 7.1% 4% 8.82% $2335.00
New Orleans, LA 8% 4% 6% $776.00
Philadelphia, PA 9.9% 6% 3.07% $1305.00
Incorporating the political process is seen by how much the city government spends on which programs. This is part of the motivations of the policy and the elected officials beliefs, values and attitudes.
Below are the revenue and expenses for General Funds.
Revenue and ExpensesComparative Analysis
Geographic Region Revenue
Millions
Expenses
Millions
%
Over/(under)
Arlington, TX 402,372,599 402,372,599 0%
Chicago, IL 8.346 Billion 9.070 Billion (724 Million)
New York, NY 69 Billion 69 Billion 0%
New Orleans, LA 378,669,778 310,526,124 82%
Philadelphia, PA3,631,314,00
3,631,314,00 0%
Median Income is the core for American Families and households. Below is a list of the cities and the median income for that city.
Median SalariesComparative Analysis
Geographic Region Median
Salaries
Arlington, TX $50,704.00
Chicago, IL $55,137.00
New York, NY $56,448.00
New Orleans, LA $42,944.00
Philadelphia, PA$51,230.00
• Local Communities
• Sustainable Economic
Development
• Developing workforce
that is ready to
compete on a local
• Our cities are Initiating
fair tax policies.
National Communities
At a national level our cities
are thinking Green and
implementing renewable
energies in their city plans.
Therefore increasing jobs in
these areas.
• Global Communities
• Working towards
Financial Markets that
are independent from
Federal monies and
can compete in the
global market.
Economic DevelopmentOur Cities are Moving America Forward
Resources
(2014, November 22). Retrieved November 24, 2014, from
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(2014, November 21). Retrieved November 23, 2014
http://www.nyc.gov/html/dof/html/property/property_b
(2014, November 23). Retrieved November 23, 2014http://
www.empire.state.ny.us ill_calculate.shtm
Resources- Page 2
(2014, November 24). Retrieved November 23, 2014
http://taxfoundation.org/state-tax-climate/pennsylvania
(2014, November 23). Retrieved November 23, 2014
http://nolaassessor.com/est.php
(2014, November 22). Retrieved November 23, 2014
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(2014, November 22). Retrieved November 23, 2014
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