View
225
Download
5
Category
Preview:
Citation preview
BolingbrookState of the Village
January 13th, 2011
Roger C. Claar, Mayor
• Business Licenses up 558%•Annual Retail Sales up 601%•30.5 Million Square Feet of Industrial Built•27,668 Jobs Created •10,668 New Homes Permitted and Built
0
20,000
40,000
60,000
80,000
100,000
1986 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2007 2008 2009 2010
0.0
5.0
10.0
15.0
20.0
25.0
30.0
1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2007 2008 2009 2010
In Square Miles
GROWTH IN SQUARE MILES GROWTH IN ACRES
GROWTH IN POPULATION
Build Out: 27.32010: 25.65
In Acres
Build Out: 17,4772010: 16,397
Build Out: 88,4032010: 71,512
Build Out
Build Out
Build Out
2
0
5
10
15
20
25
30
35
40
0
200
400
600
800
1,000
1,200
1,400
1,600
0
5,000
10,000
15,000
20,000
25,000
30,000
JOB CREATION
BUSINESS LICENSES INDUSTRIAL BASE
27,668 JOBS
Build Out: 35,734,649
2010: 30,513,9091,340 LICENSES
In Millions of Square Feet
Build Out
3
Salisbury By Honeywell
0 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000
Bolingbrook
Romeoville
Woodridge
Lemont
Elwood
30,513,909
23,750,887
11,153,894
4,427,458
8,024,165
TOTAL INDUSTRIAL INVENTORY
In Square Feet
(Center Point)
4
Supreme Lobster
Diageo
Wingfoot Tires
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
0
100
200
300
400
500
600
700
800
900
NEW HOUSING STARTS
RESIDENTIAL UNITS
101
5
McKenzie Falls
McKenzie Falls
73%
17%10%
SF Detached 17,082
SF Attached 3,878
Apartments 2,384
65%
22%
13%
SF Detached 8,017
SF Attached 2,650
Apartments 1,601
1986 – 35% of a l l h ou s ing stoc k ap artments or attac h ed h ou s ing .2010 – 27% o f a l l h o u s ing sto c k ap artments o r attac h ed h o u s ing .
12,268 Total Units in 1986 23,344 Total Units in 2010
HOUSING STOCK COMPARISON
6
0.00% 5.00% 10.00% 15.00% 20.00% 25.00%
Bolingbrook
North Suburbs
West Suburbs
Kane County
South Suburbs
6.50%
5.70%
18.00%
20.60%
PERCENTAGE OF RETAIL VACANCIESTotal Bolingbrook Retail Inventory: 6,,525,979 sq ft
6.0% - 373,808 sq ft
7
Sou
rce:
CB
Ric
har
d E
llis
Q3
20
07
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
1986 1988 1990 1992 1996 1998 2000 2002 2004 2006 2007 2008 2009 2010
RETAIL BASEBuild Out: 7,568,779 sq ft
In Square Feet
Build Out
8
Total Retail: 6,525,979 sq ft Charming Charlies
$0
$5
$10
$15
$20
$25
$0
$200
$400
$600
$800
$1,000
$1,200
RETAIL SALES
SALES TAX REVENUE
$1,060,000,000
Total amount of Retailers’ Gross Taxable Sales
In Millions of Dollars
$23,200,000
In Millions of Dollars
9
Julian’s Plaza
Julian’s Plaza
$0.00
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
$18.00
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
0%
5%
10%
15%
20%
25%
30%
35%
40%39%
17%
12%9%
3%
0%
3%
0% 1% 0%
15%17%
39%
5%
12%
2% 3%3% 3%
1% 2%
12%
FY 1986-87 Operating Budget FY 2010-11 Operating Budget
EQUALIZED ASSESSED VALUATION
REVENUE SOURCE COMPARISON
TOTAL VILLAGE LEVY
1.) GRANTS 2.)PERMITS/FEES 3.)LICENSES/FINES/TAP-ONS
In Millions of DollarsEAV is Calculated @ 1/3 Market Value
Market Value of Community: $589,000,000 (1986) / $6,850,000,000 (2010)
$2,266,000,000EAV
In Millions of Dollars
$15,110,000
10
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010
Per $100.00 EAV
PROPERTY TAX RATE
11
30.4%20.4%
6.8%
14.0%
1.4%
8.6%10.8%
4.1%
1.8%1.7%
Police (30.4%)
Fire (20.4%)
Capital Improvements (6.8%)Public Works (14.0%)
Reserves (1.4%)
Refuse Collection (8.6%)
Executive (10.8%)
Finance & Administration (4.1%)Community Development (1.8%)Information Technology (1.7%)
8.43%6.19%
5.50%
67.18%
2.91%
6.83%
2.06%
0.90%
Village of Bolingbrook (8.43%)
Bolingbrook Park District (6.19%)
Fountaindale Public Library (5.5%)
Valley View School District #365-U (67.18%)
Joliet Junior College #525 (2.91%)
Will County (6.83%)
Will County Forest Preserve (2.06%)
DuPage Township (0.9%)
$0 $100 $200 $300 $400 $500 $600
19
86
19
90
19
94
19
98
20
02
20
06
20
08
20
10
EXPENDITURE BY DEPARTMENT
COST FOR VILLAGE SERVICES
WHERE DO YOUR PROPERTY TAXES GO?
$500
Per Average Household
Percentages are Representative of Will County Tax Code 1214
In 1986, Bolingbrook represented 22% of the tax bill. Today, that number has fallen to 9.01%.
12
Bolingbrook:
A 6.85 Billion Dollar Community, up from600 million in 1986!
Village of Bolingbrook
2010 Fact Sheet
Est. Population: 71,512
Est. Racial Makeup (per U.S. Census):White: 50.4%African-American: 20.2%Hispanic/Latino 22.9%Asian: 10.6%
Indian/Pakistanis: 2.0%Filipino: 3.5%Mixed/Other: 2.8%Chinese: 1.0%Korean: 0.4%Vietnamese: 0.3%Japanese: 0.1%
Residential Units: 23,344Single Family Detached: 17,082Single Family Attached: 3,878Apartments and Sr. Housing: 2384
Market Value of Village: $7.08 Billion
Equalized Assessed Value: $2.36 Billion
Total 2009 Levy: $14.63 Million
Data Current as of January 2011
Total Acres: 16,397
Square Miles: 25.65
Miles of Street:Centerline Miles: 296Lane Miles 729
Storm Sewers: 331 Miles
Sanitary Sewers: 247 Miles
Sidewalks: 580 Miles
Streetlights: 4809
Traffic Signals: 55
Retention/Detention Ponds: 196
Street Signs: 17,573
Wastewater Reclimation: 7.84 mgdRoyce Road Facility: 2.04 mgdBoughton Road Facility: 3.00 mgdIndian Boundary Facility: 2.80 mgd
Roger C. Claar, MayorState of the Village ~ January 13th, 2011
Village Clerk
Carol S. Penning
Trustees
Leroy J. BrownMichael T. LawlerRicardo MoralesJoseph B. Morelli
Patricia E. SchanksSandra S. Swinkunas
Statistical Information Provided By:James S. Boan, Village AttorneyNannette M. Higens, Assistant to the MayorMichael J. Drey, Director of Public WorksKevin McCarthy, Chief of PoliceDave Litton, Fire ChiefDennis J. Kowalczyk, Director of Community DevelopmentRosa Cojulun, Director of FinanceBrenda Ladipo, HR/IT Director and Staff
All data has been compiled by the Village of Bolingbrook unless otherwise noted.
Dale W. McClannahan, Event ProductionBCT Channel 6 Volunteers, VideoJames Farrell, Presentation & HandoutsLuis Collazo, Village Maps
For more information on today’s presentation, please contact:Mayor Roger C. Claar
Phone: (630) 226-8412 Fax: (630) 226-8409375 West Briarcliff Road, Bolingbrook, Illinois 60440
Recommended