Comparative Indicators to Other Hampton Roads’ Cities...News. Suffolk. Real Estate Taxes. Personal and Business Property Taxes. Other Local Taxes. BPOL. Meals Tax. Consumer Utility

Comparative Indicators to Other Hampton Roads’ Cities

David Bradley

January 15, 2013

November 20th – Five Year Forecast Presentation

Today – Regional Comparison Briefing

March 26th – City Managers Presentation of Budget & CIP to City Council

City Council Workshops – April 2nd, 9th, 16th, 23rd, and 30th

Public Hearings – April 18th (Virginia Beach Middle School) and 23rd (City Council Chambers)

May 7th – Budget Reconciliation Workshop

May 14th – FY 2013-14 Budget Adoption

FY 2013-14 Budget Preparation

2

Expenditures By Category

Source: Virginia Auditor of Public Accounts

12.6% 15.5% 16.6% 19.9% 15.6% 16.2% 17.4%

46.4% 48.3% 31.5%

35.4% 40.1%

40.2% 40.7%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

VirginiaBeach

Chesapeake Norfolk Portsmouth Hampton NewportNews

Suffolk

General Government Administration Public Safety and Judicial AdministrationPublic Works Health and WelfareEducation Parks, Recreation, and CulturalCommunity Development Enterprise ActivitiesDebt Service

3

Local Revenue By Type


52.9% 57.1% 43.8% 49.1% 45.0% 45.4% 52.6%

6.9% 9.8%

10.4% 10.8%

8.0% 13.5% 9.4%

10.0% 5.9%

12.9% 15.0% 18.5% 13.8% 14.5%

0%

20%

40%

60%

80%

100%

VirginiaBeach

Chesapeake Norfolk Portsmouth Hampton NewportNews

Suffolk

Real Estate Taxes Personal and Business Property Taxes

Other Local Taxes BPOL

Meals Tax Consumer Utility Taxes

Local Sales and Use Tax Revenue from the Use of Money and Property

Miscellaneous Revenue Charges for Service

4

Current Selected Local Tax Rates and Fees for FY 2012-13

Real Estate Tax Rate Per $100 of Assessed Value

Source: Management Services

$0.89

$0.06

$1.05 $1.11

$1.27

$0.97 $1.04

$1.10

$-

$0.20

$0.40

$0.60

$0.80

$1.00

$1.20

$1.40

VirginiaBeach

Chesapeake Norfolk Portsmouth Suffolk Hampton NewportNews

$0.95

6

Personal Property Tax Rate

Vehicles and Business


$4.25

$3.70 $4.08

$4.33

$5.00

$4.25 $4.25 $0.25

$0.00

$1.00

$2.00

$3.00

$4.00

$5.00

$6.00

VirginiaBeach


$4.50

7

Hotel Tax Rate


8.0% 8.0% 8.0% 8.0% 8.0% 8.0% 7.5%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

VirginiaBeach


8

Meal Tax Rate


6.5% 6.5%

5.5% 5.5%

6.5% 6.5% 6.5% 1.0% 1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

VirginiaBeach


7.5% 7.5%

9

Admissions Tax

10.0% 10.0% 10.0% 10.0% 10.0% 10.0%

7.5%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

VirginiaBeach


10

Automobile License Fee Vehicles Under 4,000 Pounds


$20.00

$30.00

$25.00 $23.00

$26.00 $25.00

$6.00

$5.00

$26.00

$-

$5.00

$10.00

$15.00

$20.00

$25.00

$30.00

$35.00

$40.00

VirginiaBeach


$26.00

$35.00

11

Cigarette Tax Rate Per Pack


$0.75 $0.75

$0.65

$0.50

$0.75

$0.60

$0.50

$0.05 $0.10

$-

$0.10

$0.20

$0.30

$0.40

$0.50

$0.60

$0.70

$0.80

$0.90

VirginiaBeach


$0.80 $0.85

12

Monthly Water and Sewer Bill Assuming 5,000 Gallons Consumed

Source: Virginia Beach Public Utilities Department

$20.00

$40.00

$60.00

$80.00

$100.00

2005 2006 2007 2008 2009 2010 2011 2012 2013Fiscal Year

Virginia Beach Chesapeake Norfolk Portsmouth Suffolk

13

Monthly Trash Collection Fee


$33.36

$24.48 $10.00

$-

$27.01

- $2.00

$17.50 $18.42

$0.44

$-

$5.00

$10.00

$15.00

$20.00

$25.00

$30.00

$35.00

$40.00

VirginiaBeach


$24.92

Fee was reduced by $2/month to $33.36

14

Comparison of Tax Burden - FY 2012-13 Using Median Home Value in Virginia Beach


Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton

Newport News

Real Estate Tax $2,089.05 $2,308.95 $2,440.89 $2,792.73 $2,133.03 $2,286.96 $2,418.90

Personal Property Tax 224.79 228.31 304.60 359.73 265.00 271.80 241.02

Electricity Utility Tax 36.00 45.00 45.00 40.80 36.00 36.00 36.96

Gas Utility Tax 36.00 22.56 18.00 36.00 36.00 28.80 18.12

Va Telecommunications Tax 70.68 70.68 70.68 70.68 70.68 70.68 70.68

Water Utility Tax 36.00 None 67.50 84.00 None None None

Restaurant Tax 251.48 251.48 275.43 275.43 275.43 321.25 321.25

Admissions Tax 25.69 25.69 25.69 25.69 25.69 25.69 19.27

Vehicle License Decal 50.00 46.00 52.00 50.00 52.00 70.00 52.00

Stormwater Utility Fee 133.56 91.20 119.52 111.00 62.88 76.92 89.40

Residential Refuse Fee 120.00

None 324.12 400.32 210.00 221.00 299.04

Water & Sewer 615.84 689.28 616.80 568.20 1,029.84 493.20 547.80

Total Tax Impact $3,689.09 $3,779.15 $4,360.23 $4,814.58 $4,196.55 $3,902.30 $4,114.44 As a Percentage of Median Household Income – Owner Occupied (2011) 4.6% 4.7% 7.4% 8.7% 5.1% 6.3% 6.3%

Difference $0.00 $90.06 $671.14 $1,125.49 $417.40 $213.20 $425.35 15

Comparison of Tax Burden - FY 2012-13 Using Median Home Value For Each City


Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton

Newport News

Real Estate Tax $2,089.05 $2,345.70 N/A $1,952.50 $1,987.05 $1,678.56 $1,882.10 Personal Property Tax 224.79 228.31 304.60 359.73 265.00 271.80 241.02 Electricity Utility Tax 36.00 45.00 45.00 40.80 36.00 36.00 36.96 Gas Utility Tax 36.00 22.56 18.00 36.00 36.00 28.80 18.12 Va Telecommunications Tax 70.68 70.68 70.68 70.68 70.68 70.68 70.68 Water Utility Tax 36.00 None 67.50 84.00 None None None Restaurant Tax 251.48 251.48 275.43 275.43 275.43 321.25 321.25 Admissions Tax 25.69 25.69 25.69 25.69 25.69 25.69 19.27 Vehicle License Decal 50.00 46.00 52.00 50.00 52.00 70.00 52.00 Stormwater Utility Fee 133.56 91.20 119.52 111.00 62.88 76.92 89.40

Residential Refuse Fee 120.00

None 324.12 400.32 210.00 221.00 299.04 Water & Sewer 615.84 689.28 616.80 568.20 1,029.84 493.20 547.80 Total Tax Impact $3,689.09 $3,815.90 N/A $3,974.35 $4,050.57 $3,293.90 $3,577.64 As a Percentage of Median Household Income – Owner Occupied (2011) 4.6% 4.8% 8.7% 4.9% 5.3% 6.3% Difference $0.00 $126.81 N/A $285.26 $234.67 -$395.20 -$111.45

Median Home Value $ 219,900 $ 223,400 N/A $ 153,740 $ 204,850 $ 161,400 $ 171,100 16

Economic Vitality

Taxable Sales

Source: Virginia Department of Taxation

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

2005 2006 2007 2008 2009 2010 2011

Billi

ons

Calendar Year

Virginia Beach Chesapeake Norfolk Portsmouth

Suffolk Hampton Newport News

18

Taxable Sales Per Capita

Source: Virginia Department of Taxation

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

$14,000

$16,000

2005 2006 2007 2008 2009 2010 2011Calendar Year



19

Median Household Income

Source: US Census Bureau American Community Survey

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

2005 2006 2007 2008 2009 2010 2011Calendar Year



20

Per Capita Income

Source: US Department of Commerce Bureau of Economic Analysis

$20,000

$30,000

$40,000

$50,000

2004 2005 2006 2007 2008 2009 2010Calendar Year

Virginia Beach Chesapeake Norfolk PortsmouthSuffolk Hampton Newport News

21

Comparison of Unemployment Rates for the Month of September

Source: U.S. Bureau of Labor Statistics - Local Area Unemployment Statistics Database

6.2% 6.7%

8.4% 9.1%

7.4%

8.7% 7.9%

5.4% 5.8%

7.6% 7.9%

6.6%

7.6% 6.9%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%

VirginiaBeach


2011 2012

22

Direct Tax Revenue Generated from Tourism - 2011

$80.1

$26.3

$39.6

$7.3

$7.7

$19.6

$21.3

$0.0 $20.0 $40.0 $60.0 $80.0 $100.0

Virginia Beach

Chesapeake

Norfolk

Portsmouth

Suffolk

Hampton

Newport News

In Millions of $'s

23 Source: US Travel Association

Quality Education and Lifelong Learning

Library Expenditures Per Capita


$10.00

$20.00

$30.00

$40.00

$50.00

2005 2006 2007 2008 2009 2010 2011Fiscal Year


25

Locally Funded School Operating Expenditures Per Pupil

Source: Virginia Department of Education Superintendent's Annual Report

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

2005 2006 2007 2008 2009 2010 2011Fiscal Year


26

City Contribution as a Percent of Total School Operating Expenditures

Source: Virginia Department of Education Superintendent's Annual Report

15.0%

25.0%

35.0%

45.0%

55.0%

2005 2006 2007 2008 2009 2010 2011School Year


27

Educational Attainment Residents Age 25 or Older - 2011

11.9% 12.0% 9.8%

7.6% 8.8% 9.4% 7.8%

33.3%

28.5% 25.0%

20.2%

26.9%

22.7% 22.8%

0.0%

10.0%

20.0%

30.0%

40.0%

VirginiaBeach


Graduate or Professional Degree Undergraduate Degree

Source: US Census Bureau, American Community Survey 28

Dropout Rates - 2012 Grades 9 through 12

5.9% 4.4%

10.7% 11.7%

9.7%

5.2% 6.1%

0.0%

5.0%

10.0%

15.0%

20.0%

VirginiaBeach


Source: Virginia Department of Education 29

Graduation Rates - 2012

86.8% 91.2%

77.0% 80.8%

84.1% 84.4% 82.9%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

VirginiaBeach


Source: Virginia Department of Education 30

Safe Community

Fire and Rescue Expenditures Per Capita


$-

$50.00

$100.00

$150.00

$200.00

$250.00

$300.00

2005 2006 2007 2008 2009 2010 2011Fiscal Year


32

Law Enforcement and Traffic Control Expenditures Per Capita


$100.00

$150.00

$200.00

$250.00

$300.00

$350.00

$400.00

2005 2006 2007 2008 2009 2010 2011Fiscal Year


33

Property Crime Rate Per 1,000 Residents - 2011

27.7

32.7

50.4

55.8

28.3

53.2

34.1

0.0

10.0

20.0

30.0

40.0

50.0

60.0

VirginiaBeach


Source: Virginia State Police, Crime in Virginia 34

Violent Crime Rate - 2011

Source: Virginia State Police, Crime in Virginia

1.8

4.0

5.9

5.9

3.0

2.7

4.7

0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0

Virginia Beach

Chesapeake

Norfolk

Portsmouth

Suffolk

Hampton

Newport News

35

Quality Physical Environment

Expenditures for Maintenance of Highways, Streets, Bridges, and Sidewalks Per Lane Mile of Road

Sources: VDOT, Hampton Roads Planning District Commission, and Auditor of Public Accounts

$-

$15,000

$30,000

$45,000

$60,000

$75,000

2005 2006 2007 2008 2009 2010 2011

Fiscal Year Virginia Beach Chesapeake Norfolk Portsmouth


37

Solid Waste Collection Expenditures Per Capita


$-

$40.00

$80.00

$120.00

$160.00

$200.00

2005 2006 2007 2008 2009 2010 2011Fiscal Year

Virginia Beach Chesapeake Norfolk Portsmouth Suffolk

38

Family and Youth Opportunities

Poverty Rate Individuals

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

2005 2006 2007 2008 2009 2010 2011Calendar Year


Source: Census Bureau - American Community Survey 40

Public Health Expenditures Per Capita


$-

$10.00

$20.00

$30.00

$40.00

$50.00

$60.00

$70.00

2005 2006 2007 2008 2009 2010 2011Fiscal Year


41

Social Services Expenditures Per Capita

Source: Virginia Auditor of Public Accounts 42

$-

$100.00

$200.00

$300.00

$400.00

2005 2006 2007 2008 2009 2010 2011Fiscal Year



Mental Health and Mental Retardation Expenditures Per Capita


$-

$50.00

$100.00

$150.00

$200.00

$250.00

2005 2006 2007 2008 2009 2010 2011Fiscal Year


43

Percent of Residents Receiving SNAP Benefits

Source: Virginia Department of Social Service, US Census Bureau, Weldon Cooper Center

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

2005 2006 2007 2008 2009 2010 2011Fiscal Year


44

Percent of Low Birth Weight Babies 2011

8.2% 8.4%

10.1%

12.2%

7.8% 8.8% 8.8%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

VirginiaBeach


Source: Virginia Department of Public Health 45

Students Receiving Free or Reduced Price Lunch

Source: Virginia Department of Education

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

2006 2007 2008 2009 2010 2011 2012School Year


46

Cultural and Recreational Opportunities

Parks and Recreation Expenditures Per Capita


$-

$40.00

$80.00

$120.00

$160.00

2005 2006 2007 2008 2009 2010 2011Fiscal Year


48

Cultural Enrichment

Expenditures Per Capita


$-

$20.00

$40.00

$60.00

$80.00

$100.00

2005 2006 2007 2008 2009 2010 2011Fiscal Year


49

Quality Organization

Total Operating Expenditures Per Capita Excludes Enterprise Activities, Debt and Capital Expenditures


$2,000

$2,500

$3,000

$3,500

$4,000

2005 2006 2007 2008 2009 2010 2011


51

Total Expenditures Per Capita -2011 Includes Operations, Capital, Debt, and Enterprise Activities

$4,167 $4,172

$4,856 $5,262

$4,356 $4,437

$4,894

$-

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

VirginiaBeach


Source: Virginia Auditor of Public Accounts 52

Bond Rating

Source: Each City’s 2012 CAFR (Newport News and Norfolk are from 2011 CAFR)

Virginia Beach

Chesa-peake Norfolk

Ports-mouth Suffolk Hampton

Newport News

Standard & Poor's AAA AA+ AA AA AA+ AA+ AA

Moody's Aaa Aa1 Aa2 Aa2 Aa2 Aa1 Aa1

Fitch AAA AAA AA+ AA AA+ AA+ N/A

53

∗ 91.0% are satisfied with City services overall ∗ 94.0% are satisfied with the appearance of the City ∗ 97.2% believe Virginia Beach is a good place to live ∗ 94.6% believe Virginia Beach is a safe place to live

Citizen Survey December 2011

54

∗ While much of the data included in this presentation lags, we are beginning to see signs of recovery on the slides

∗ Citizens value the services the City provides ∗ Lowest cost provider in the region ∗ Low overall tax rates compared to the region ∗ A family of Four in Virginia Beach has the lowest tax

burden as compared to income ∗ Still lag behind other cities in fees and charges for

service as proportion of total revenues

Conclusions

55

Documents

Comparative Indicators to Other Hampton Roads’ Cities...News. Suffolk. Real Estate Taxes. Personal and Business Property Taxes. Other Local Taxes. BPOL. Meals Tax. Consumer Utility