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St. Tammany Parish Steering Committee

This document provides the results of a leadership survey, interviews, and preliminary strengths and weaknesses report of St. Tammany Parish. It discusses the quality of life, education, government, leadership, labor, transportation, utilities, real estate, and capital markets in the region. The findings highlight the strengths and weaknesses identified through interviews with major employers and the analysis of cost and operating data. The document also outlines the strategic planning process and the final strategy for economic development in the parish.

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St. Tammany Parish Steering Committee

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  1. St. Tammany Parish Steering Committee Strengths & Weaknesses Assessment January 29, 2003

  2. Agenda • Results of Leadership Survey • Interview Findings & Preliminary Strengths & Weaknesses Report (Opportunities & Threats will come later) • Update on Leadership Workshop

  3. Leadership Survey • Seventy responses out of 300 mailed (~25% response rate) • 110 questions on • Quality of Life • Education • Government • Leadership • Labor • Transportation • Utilities • Real Estate • Capital • Markets

  4. Strengths

  5. Weaknesses(In Reverse Rank Order)

  6. Interviews • 30+ confidential interviews in total • 13 with major employers • 3000+ jobs • Sample of manufacturing, headquarters, technology, office & warehouse employers

  7. Overall Findings • Many large locally controlled companies • half launched by regional entrepreneurs • Overall business climate in this region is rated as “good” by employers • Quality of Life rated as “excellent” with few problems with national relocations • Softness with scientists and advanced tech sector because of Louisiana image

  8. Labor Findings • Labor market is excellent for offices and good for manufacturing • No complaints about basic skills of applicants • Productivity is rated as “very good” with little problems from turnover or absenteeism • Some softness in IT because of small talent pool

  9. Labor Force Entrants • The local labor market produces more applicants than commonly thought • Job growth can exceed 2.5 percent without changing unemployment rates

  10. ANALYSIS OF COST & OPERATING DATA

  11. OPERATING COSTS Gulf Coast Competitors • Mobile • Biloxi-Gulfport & Hancock County, MS • Houma • Jackson • Lafayette • Baton Rouge • New Orleans

  12. National Market Access • Region not located to serve distribution sensitive companies

  13. Regional Market Access • Eastern St. Tammany within 20% of Atlanta

  14. Gulf Coast Market Access • Gulf Coast position is good

  15. Office Positions • Moderate cost with excellent talent pool

  16. Technology Positions • Higher wages suggest a smaller talent pool

  17. Manufacturing Positions • Moderate costs for manufacturing

  18. Power Costs • Moderate costs except for the largest loads

  19. Occupancy Costs • Moderate cost but limited inventory for office or plant

  20. Business Park Prices • Higher prices than Dallas, Houston or Raleigh

  21. Water & Wastewater • Capacity is limited for business parks & prices are high

  22. Construction & Taxes • Higher than MS in costs and double in property tax

  23. Overall Strengths & Weaknesses Compiled From All Sources

  24. Strengths I=Interviews, C=costs, L=Leadership Survey, E=employers

  25. Neutrals I=Interviews, C=costs, L=Leadership Survey, E=employers

  26. I=Interviews, C= costs, L=Leadership Survey, E=Employers Weaknesses

  27. STRATEGIC PLANNING PROCESS • Targeting (Threat & Opportunities) • Land Use evaluation • Leadership workshop • Economic development 101 • Socio-economic trends & St. Tammany Parish • Vision for the future – a small-group consensus envisioning process • Economic development priorities – a small group process • Path forward

  28. STRATEGIC PLANNING PROCESS FINAL STRATEGY • Development of strategic actions to address key economic development issues • Review of vision, goals, and action plan by steering committee • Initial draft for public review • Public presentations for feedback • Final plan

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