economic development in your community: southern region
TRANSCRIPT
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Economic Development in Berks County &
Why is it Important to my Community?
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Berks County Outlook 2016• Increased Role of Municipalities
• Growth in Manufacturing and Logistics/Distribution Industries
• Workforce Availability Focus
• Increase in International Leads
• Filling the Site and Infrastructure Pipeline is Critical
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1980 1990 2000 2010300,000
350,000
400,000
450,000
500,000
Berks County Population1980-2010
County Population
Berks County has had a 7-10% increase in popu-lation each decade.
Source: BCPC, U.S. Census Bureau
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2000
2002
2004
2006
2008
2010
2012
2014
360,000
370,000
380,000
390,000
400,000
410,000
420,000
Berks County Population Since 2000
County Population
Beginning in 2007, that growth slows. Since 2010, there has been little population growth.
Source: BCPC, U.S. Census Bureau
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2011 2012 2013 2014 2015
-1,000
-500
0
500
1,000
1,500
2,000
Why is Population Growth Slowing Down?
Natural IncreaseNet MigrationTotal Population Increase
Since 2011, our population has been steadied by "natural in-crease" or babies being born in the County.
This is offsetting negative net mi-gration. More people are mov-ing out of Berks County than mov-ing in.
Source: BCPC, U.S. Census Bureau
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Employment Recap• County employment increased 4.1%
between 2009 and 2014
• 8,893 total jobs added (Full & Part time)
• 88% of jobs are private sector, 11% are public sector, 1% farms
Source: BCPC, U.S. Chamber of Commerce, Bureau of Economic Analysis
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Top Industry Sectors by Number of Jobs Lost/Gain
2009-2014
-1,555Finance
+2,529Healthcare
-785Retail
-1,285Local Government +3,021
Office/Clerical
+2,827Manufacturing
Source: BCPC, U.S. Chamber of Commerce, Bureau of Economic Analysis
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Source: BCPC, Pennsylvania State Tax Equalization Board Market Value Reports: 2008-2014
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$200,000,000
$400,000,000
$600,000,000
$800,000,000
$1,000,000,000
$1,200,000,000
$1,400,000,000
Southern Region CommunitiesTax Bases 2008-2014
2008 Tax Base Inf. Adj.2014 Tax Base
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Source: BCPC, Pennsylvania State Tax Equalization Board Market Value Reports: 2008-2014
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-2%
0%
2%
4%
6%
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10%
12%
-0.2%0.3%
1.3%2.9% 3.1%3.0%
11.0%
3.6%
0.6%0.1%
Southern Region CommunitiesTax Base Growth
2008-2014
Percent Increase
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Southern Region CommunitiesWhat’s generating your tax base?
Source: BCPC
Most tax bases in the region relies heavily on residential development.
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p0%10%20%30%40%50%60%70%80%90%
100%
AgriculturalCommercialIndustrialResidential
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Millage Amount by Taxing Body by School District - 2016
Source: BCPC
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b0.0000.0050.0100.0150.0200.0250.0300.0350.0400.0450.050
Municipal Tax Mills
School District Tax Mills
County Millage
DB TVB E GM
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Southern Region CommunitiesTotal 2016 Tax Bill Based on the Same $100,000 House
Source: BCPC
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p$0 $500
$1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000
Total Tax BillCounty Median Tax Bill on the House
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20 20 20 20 20 20 20 20 20 20 20 20 20 20 200%
5%
10%
15%
20%
25%
30%
35%PSERS Employer Contribution Rates to
2039-2040
Actual
Projected
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State Retirement Reimbursement
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
$0
$500,000,000
$1,000,000,000
$1,500,000,000
$2,000,000,000
$2,500,000,000
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Tools and Solutions
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Berks County Sites and Infrastructure Tool
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Berks CountySites and Infrastructure Strategy
Goal:
To determine the most suitable areas in Berks County for commercial and industrial uses based on prioritized factors.
Source: BCPC, RTP Sites and Infrastructure Committee
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Factors:1. Land Free of Environmental / Land Use
Constraints2. Interchanges3. Major Roads (Interstate, U.S. Route, State
Route)4. Public Sewer Service Areas (existing and
proposed)5. Public Water Service Areas (existing and
proposed)
Berks CountySites and Infrastructure Strategy
Source: BCPC, RTP Sites and Infrastructure Committee
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Source: BCPC
Sites and InfrastructureWeb Map Tool
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Ride To ProsperitySites and Infrastructure Committee
Web Map Tool
Source: BCPC
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Ride To ProsperitySites and Infrastructure Committee
Web Map Tool
Source: BCPC
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Ride To ProsperitySites and Infrastructure Committee
Web Map Tool
Source: BCPC
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Ride To ProsperitySites and Infrastructure Committee
Web Map Tool
Source: BCPC
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Ride To ProsperitySites and Infrastructure Committee
Web Map Tool
Source: BCPC
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Transportation andFuture Land Use Maps
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What Do We Do WithAll The Data?
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• Need to ID additional commercial & industrial zoned land
• Update zoning to accommodate current market needs
• No inventory + no developable sites = no new companies locating in Berks County or in your community & existing companies cannot expand
@GreaterReading
Zoning
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• The permitting process is difficult to navigate – even on a good day.
• Why is it important?• Added cost• Uncertainty• Time• Ability to get financing
Permitting
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Incentives…
“Incentives can make a good location great, but not a bad location good”
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• Why is it an important tool?
• What does it mean to our bottom line? • Abating taxes on the new assessment
• You continue to receive taxes on the current assessed value
LERTA
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If you are interested in:• Attracting new business to your
community
• Helping existing businesses to expand in your community
• Identifying land for business development in your community
• Providing job opportunities for your residents in your community
• Stabilizing the tax base in your community
How We Can Work Together
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Download the presentation + more information visit:
bit.ly/BerksMuni
Pamela Shupp, GREP 610.376.4237