Economic Development in Berks County & Why is it important to my community?

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

2

1980 1990 2000 2010300,000

320,000

340,000

360,000

380,000

400,000

420,000

440,000

Since 1980, Berks has experienced between 7%-10% population growth per decade

SOURCE: BCPC, U.S. CENSUS BUREAU

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015370000

375000

380000

385000

390000

395000

400000

405000

410000

415000

420000

Beginning in 2007, population growth slowed; After 2010, very little additional growth

SOURCE: BCPC, U.S. CENSUS BUREAU

Since 2010, growth due to more Natural Increase than Migration;

7/1/11 7/1/12 7/1/13 7/1/14 7/1/15

-1,000

-500

0

500

1,000

1,500

2,000

NATURAL INCREASE

NET MIGRATION

TOTAL POPULATION CHANGE

SOURCE: BCPC, U.S. CENSUS BUREAU

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

Top Industry Sectors by Number of Jobs Lost/Gain

2009-2014

-1,555Finance

+2,529Healthcare

-785Retail

-1,285Local Government

+3,021Office/Clerical

+2,827Manufacturing

Source: BCPC, U.S. Chamber of Commerce, Bureau of Economic Analysis

Albany

Townsh

ip

Center

port B

oroug

h

Centre

Townsh

ip

Fleetw

ood B

oroug

h

Greenw

ich To

wnship

Hambu

rg Boro

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Kutzt

own B

oroug

h

Lenha

rtsvill

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ugh

Lyons

Boroug

h

Maiden

creek

Townsh

ip

Maxataw

ny To

wnship

Perry

Townsh

ip

Richmon

d Tow

nship

Shoe

makersv

ille Boro

ugh

Strau

sstow

n Boro

ugh

Tilden

Townsh

ip

Upper

Bern To

wnship

Upper

Tulpe

hocke

n Tow

nship

Windsor

Townsh

ip$0

$100,000,000

$200,000,000

$300,000,000

$400,000,000

$500,000,000

$600,000,000

North Region CommunitiesTax Base Growth 2008-2014

“How much is your tax base generating? Is it growing?”2008 Tax Base Inf. Adj.

2014 Tax Base

Your tax bases are stable but have not grown much when you adjust for inflation.

Source: BCPC, Pennsylvania State Tax Equalization Board Market Value Reports: 2008-2014

Albany T

ownship

Center

port Boro

ugh

Centre

Township

Fleetw

ood Borough

Greenwich

Townsh

ip

Hamburg

Borough

Kutztown Borough

Lenhart

sville

Borough

Lyons B

orough

Maiden

creek

Township

Maxata

wny Townsh

ip

Perry T

ownship

Richmond To

wnship

Shoem

akers

ville B

orough

Strau

sstown Borough

Tilden

Townsh

ip

Upper Bern

Townsh

ip

Upper Tu

lpehocke

n Township

Windsor Township

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

100.0%

North Region CommunitiesLand Use by Market Value of Major Categories 2014 Agricultural

Commercial

Industrial

Residential

Fleetw

ood

Maiden

creek

Richmon

d

Hambu

rgPerr

y

Shoem

akers

ville

Straus

stown

Tilden

Upper

Bern

Upper

Tulpeh

o...

Windso

r

Albany

Greenw

ich

Kutztow

n

Leha

rtsvil

le

Lyon

s

Maxata

wny

Center

port

Centre

0.00

0.01

0.02

0.03

0.04

0.05

North Region CommunitiesMillage Amount by Taxing Body by School District

2016

Municipal Tax Mills

School District Tax Mills

County Tax MillsF H K SV

Source: BCPC

Richmon

d

Hambu

rg

Kutztow

n

Shoem

akers

ville

Maiden

creek

Maxata

wny

Lyon

s

Greenw

ich

Lenh

artsv

ille

Albany

Center

port

Straus

stown

Upper

BernTild

en

Upper

Tulpeh

ocke

nPerr

y

Centre

Wind

sor

$0.00

$500.00

$1,000.00

$1,500.00

$2,000.00

$2,500.00

$3,000.00

$3,500.00

North Region CommunitiesTotal 2016 Tax Bill Based on the Same $100,000 House Built in each

Municipality

Total Tax ...

Source: BCPC

Fixed values enable comparisons of the tax burden resulting from each town’s tax structure, unaffected by the local real estate market.

2010-11

2011-12

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

2026-27

2027-28

2028-29

2029-30

2030-31

2031-32

2032-33

2033-34

2034-35

2035-36

2036-37

2037-38

2038-39

2039-40

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

PSERS Employer Contribution Rates to 2039-2040

Actual

Projected

State Retirement Reimbursement

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16$0

$200,000,000

$400,000,000

$600,000,000

$800,000,000

$1,000,000,000

$1,200,000,000

$1,400,000,000

$1,600,000,000

$1,800,000,000

$2,000,000,000

Tools and Solutions

Berks County Sites and Infrastructure Tool

Sites 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

Berks CountySites and Infrastructure Strategy

SOURCE: BCPC, RTP SITES AND INFRASTRUCTURE COMMITTEE

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)

Web Map Tool

SOURCE: BCPC

SOURCE: BCPC

Web Map Tool

SOURCE: BCPC

Web Map Tool

SOURCE: BCPC

Web Map Tool

SOURCE: BCPC

Web Map Tool

SOURCE: BCPC

Web Map Tool

Transportation and Future Land Use Maps

What Do We Do With All The Data?

• 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 32

Zoning

• The permitting process is difficult to navigate – even on a good day.

• Why is it important?• Added cost• Uncertainty• Time• Ability to get financing

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Permitting

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

35

LERTA

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

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How We Can Work Together

Download the presentation + more information visit: bit.ly/BerksMuni

Pamela Shupp, GREP 610.376.4237

Pamela@GreaterReading.com