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2009 Economic Update. I nformation provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration. Serious Business. Calhoun County Update State of Alabama Update. Overview. Member Survey County Gross Domestic Product
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2009 Economic Update Information provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration
Serious Business • Calhoun County Update • State of Alabama Update Overview
Member Survey County Gross Domestic Product Employment Unemployment Housing Calhoun County McClellan Development Authority Calhoun County 2009 Update 2
Q#1: Your Comparison of this Years Economic Outlook to Last Year 2009
Q#1: Your Comparison of this Years Economic Outlook to Last 2003-2009
Q#2: Your Employment Outlook for Coming Year Year 2009
Q#3: How Likely to Increase Employee Compensation in Coming Year Year 2009
Q#3: How Likely to Increase Emp Compensation in Coming Year 2003-2009
Population Trends Calhoun County 1999-2007 Source: U.S. Census Bureau
Calhoun County Gross Domestic Product2001-2006 in $ Billions Source: U. S. Bureau of Economic Analysis
Calhoun County Gross Domestic Product % Change 2002-2006 Source: U. S. Bureau of Economic Analysis
Labor Force Calhoun County 1999-2008 Source: U.S. Bureau of Labor Statistics
Employment for Calhoun County 1999-2008 Source: U.S. Bureau of Labor Statistics
Unemployment Rate for Calhoun County 1999-2008 Source: U.S. Bureau of Labor Statistics
Unemployment for Calhoun County vs Alabama 2008 Source: U.S. Bureau of Labor Statistics
3.8% Alabama Unemployment RatesDecember 2007State Ave – 4.0% Unemployment Rate 3.8% and Below 3.9% - 5.2% 5.3% and Above Source: AL Dept of Industrial Relations 17
6.5% Alabama Unemployment RatesDecember 2008State Ave – 6.7% Unemployment Rate 6.4% and Below 6.5% - 8.4% 8.5% and Above Source: AL Dept of Industrial Relations 18
Sales, Use & Lodging Tax Annual Total FY02-03 - FY07-08 Anniston in $1,000 Source: City of Anniston
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Anniston (Oct-Sept) in $1,000 Source: City of Anniston
Sales, Use & Lodging Tax Oct & Nov 2007 vs 2008 Anniston in $1,000 Source: City of Anniston
Sales, Use & Lodging Tax Annual Total FY02-03 - FY07-08 Oxford in $1,000 Source: City of Oxford
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Oxford (Oct-Sept) in $1,000 Source: City of Oxford
Sales, Use & Lodging Tax Oct, Nov, Dec 2007 vs 2008 Oxford in $1,000 Source: City of Oxford
Sales, Use & Lodging Tax Annual Total FY02-03 - FY07-08 Jacksonville in $1,000 Source: City of Jacksonville
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Jacksonville (Oct-Sept) in $1,000 Source: City of Jacksonville
Sales, Use & Lodging Tax Oct, Nov, & Dec 2007 vs 2008 Jacksonville in $1,000 Source: City of Jacksonville
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Weaver (Nov-Sept) in $1,000 Source: City of Weaver
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Ohatchee (Oct-Sept) in $1,000 Source: City of Ohatchee
Sales, Use & Lodging Tax Oct, Nov & Dec 2007 vs 2008 Ohatchee in $1,000 Source: City of Oxford
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Piedmont (Oct-Sept) in $1,000 Source: City of Piedmont
Sales, Use & Lodging Tax Oct 2007 vs Oct 2008 Piedmont in $1,000 Source: City of Piedmont
Calhoun Housing Statistics YTD Dec 2007 vs YTD Dec 2008 Source: Alabama Real Estate Research & Education Center
Number of Home Sales Per Month Calhoun County 1999-2008 94.56 Avg - - - Source: Alabama Center for Real Estate
Calhoun County Housing Affordability Index 3rd Q 2008 Source: Alabama Real Estate Research & Education Center
Anniston Chemical Agent Disposal Facility as December 24, 2008 Since 1st burn on August 9, 2003, have destroyed • All GB Munitions/Nerve Agent demilitarized • All VX Projectiles/Rockets demilitarized • 12/24/2008 All VX Land Mines demilitarized • 99% storage risk eliminated • 56% stockpile destroyed Source: Anniston Chemical Agent Disposal Facility
McClellanEconomic Development Update Robin Scott Chief Executive Officer McClellan Development Authority
McClellan Development Authority (MDA) • Closing of Fort McClellan in 1999, City of Anniston and Calhoun County formed Joint Powers Authority • Mission: Seek out new enterprises to bring back jobs and tax revenues lost with closure of Fort …while preserving historic character and beauty of properties • Name has changed (now McClellan Development Authority) but mission remains same
McClellan Development Authority Board • Ronnie Smith Chairman • Anthony Humphries Vice Chairman • Lynetta Owens Secretary • Ken Deal • Willie Duncan • Jim Farrell • Mark Hearn • Mike James • Julia Segars • William Tippins • Gerald Wilkerson
MDA Priorities for 2009 • Oversee Industrial Access Road construction • Coordination with ALDOT, City, and County • Conduct top-to-bottom assessment of all Economic Development practices • Policies, procedures, marketing, negotiation, etc. • Prepare South Industrial Site for marketing • Demo work, field clearing, utilities work • Renovate our “most marketable” buildings • Utilities upgrades, exterior updates, roof repairs
Industrial Access Road (IAR) Project Significance • Keyto future growth at McClellan • Key industrial sites located adjacent to IAR • Access key factor for attracting new businesses • IAR will provide access to major road networks • South: Eastern Bypass to I-20 and AL 431 • North: AL 21 • IAR will reduce local traffic congestion • McClellan residential and recreational areas • Quintard Avenue (45,000 trips/day)
Future project; IAR Phase II Industrial Access Road Connectionsto Main Arteries IAR Phase I funds APPROVED! Total cost: $3,135,766 Eastern Bypass paving contract to be let Feb 09
Industrial Sites Industrial Site Access Research Park
Eastern Bypass • US Army has completed ROW cleanup!!! • Matrix is currently conducting cleanup on both sides of ROW • ALDOT timelines • Bottom Line: No foreseen problems
February 2007 Snapshot of Developable Lands 1189 acres available for development, however…
Southern Industrial Area 283.42 Acres available in South industrial site, however… prep is required!
McClellan Economic Development Summary • Have been notable successes in economic redevelopment efforts at McClellan • “No-cost” deed transfers from US Army to JPA • $216+M for ordnance and environmental cleanup • 38 underground tanks, 5 landfills, 4600+ acres of MEC • Sales of residential properties • Buckner district, Summerall Terrace, Cane Creek • Path to future economic growth is through “prepared” properties available for immediate commercial/industrial use
Membership Survey- Guarded, but optimistic Population- Up Employment- Down from record high in 2007 Unemployment- Up Dec 2008 (6.5%) Highest since Jan 1996 (7.5%) Housing Market- Down from record highs McClellan Economic Development- Moving Forward Calhoun County: Summing it Up
BLCI Survey Demographics Economic Indicators Education Achievemens 2003 Other Issues State of Alabama Update 49