West Central Colorado Service Area

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Rudolph Ray
5 years ago
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2 West Central Colorado Service Area

3 Region 10 Services Regional Development Services Economic Development District/Economic Development Strategy Regional Transit/Transportation Planning Enterprise Zone Administration Small Business Resource Center Business Loan Fund SBDC Services Educational Presentations Community Living Services Area Agency on Aging ADRC Options Counseling Ombudsman

4 Region 10 Population Distribution Percent of Regional Population by County 15% 7% 31% 4% 1% 41% Montrose-41,167 Delta-30,853 Gunnison-15,264 San Miguel-7,320 Ouray-4,443 Hinsdale-832

5 Across the Divide: A Tale of Two Economies Colorado Median Age: 36.4 Median Income: $56,765 Unemployment: 4.8% Education Attainment: 37.5% with Bach. or more Poverty rate: 12.9% Region 10 Median Age: 43.4 Median Income: $46,143 Unemployment: 7.7% Education Attainment: 29.8% with Bach. or more Poverty rate: 15.9%

Job recovery since 2008 collapse 2008 2013 % Change % Recovered

6 Job recovery since 2008 collapse % Change % Recovered Colorado 2,310,427 2,335, % Region 10 39,746 35, %

7 Economic Diversity within Region 10 Median Income Unemployment Rate Bachelors Degree Median Age Living in Poverty Colorado $ 56, % 37.5% % Region 10 $ 46, % 29.8% % Ouray $ 61, % 46.4% % San Miguel $ 53, % 53.6% % Hinsdale $ 50, % 43.7% % Gunnison $ 49, % 51.9% % Montrose $ 45, % 23.1% % Delta $ 41, % 18.6% %

8 Region 10 Key Economic Statistics Region 10 Income and Employment Region 10 Poverty and Education $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $- 10.0% 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% 20.0% 18.0% 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% Median Income Unemployment Rate Bachelors Degree Living in Poverty

9 Region 10 Jobs and Wages Industry Employment # Jobs Rank Average Wage Wage Rank Accommodation and Food Services 5,406 1 $ 18, Health Care and Social Assistance 4,743 2 $ 34, Retail Trade 4,714 3 $ 25, Public Administration 3,137 4 $ 45,947 4 Educational Services 2,760 5 $ 34, Construction 2,454 6 $ 41,393 8 Manufacturing 2,164 7 $ 37, Arts, Entertainment, and Recreation 1,620 8 $ 26, Mining 1,602 9 $ 71,899 2 Professional and Technical Services 1, $ 45,013 5 Administrative and Waste Services 1, $ 31, Other Services, Ex. Public Admin $ 29, Agriculture $ 28,381 18

10 The State of Region 10

11 Fastest growing populations in the USA Rank State % Change 1 st North Dakota 672, , nd Texas 25,145,561 26,448, rd Utah 2,763,885 2,900, th Colorado 5,029,196 5,268,

12 and the bottom of the list Rank State % Change 48 th West Virginia 1,852,994 1,854, th Maine 1,328,361 1,328, th Rhode Island 1,052,567 1,051, st Region ,031 99,

13 Other state comparisons. Region 10 Colorado Unemployment 50 Th 15 th Median Income 37 th 15 th Living In Poverty 45 th 34 th

14 Economic Recovery Challenges Policy Public Lands Use PILT (Payment in Lieu of Taxes) Water Business Regulation Broadband Services Transportation/Transit

15 Public Lands in Colorado

16 Broadband in Colorado

17 Regional Transit and Transportation

18 The Road to Economic Recovery

19 Transit Coordination Workforce within Region 10 is mobile between municipalities, which are disbursed throughout large, geographic space. Transportation expenses are high, and available services are low. Region 10 hosts the Three Rivers Regional Transit Coordinating Council (3RRTCC), which is comprised of transit advisors from Montrose, Delta, San Miguel, and Ouray, and the Gunnison Valley Transportation Planning Region (GVTPR) Committee, which is responsible for regional transportation plans. In 2013, Region 10 released a transit study, offering great information about existing infrastructure, route analysis, service availability, etc. Region 10 secured grant funding from Colorado Department of Transportation (CDOT) to enhance 2013 study and create implementable transit opportunities for its various communities. RFP for new implementation plan currently out to bid.

Broadband Development The lack of adequate, affordable, and redundant internet on the Western Slope has been identified as a barrier of entry into the 21 st century economy.

20 Broadband Development The lack of adequate, affordable, and redundant internet on the Western Slope has been identified as a barrier of entry into the 21 st century economy. Department of Local Affairs encourages communities to plan and implement broadband development on a regional level. Region 10, with the support of participating stakeholders, secures approximately $100,000 grant to facilitate implementation planning. Went through RFP bid process; awarded consultation contract to NEO Fiber, based in Glenwood Springs and Carbondale. Goal: create comprehensive plan that identifies engineering/infastructure needs, capital costs, and funding mechanisms for each participating community. Final deliverables to be released in Spring 2015.

21 Economic Diversity and Resiliency Small, rural economies too dependent upon single industry and boom/bust cycles Sen. Mark Udall called upon Department of Commerce and Economic Development Administration to address economic disaster Community stakeholders organized Region 10, county and municipal governments, Delta County Economic Development, Western State Colorado University Example: Oxbow coal mine closure primary employer with 4:1 job multiplier Stakeholders from Delta and Gunnison Counties applied for funding, and secured approximately $250,000 from EDA Close to 1,000 jobs impacted the equivalent of 19,000 in Metro Denver With matching funds from participating communities factored in, close to $400,000 will go toward economic adjustment strategy, market analysis, and feasibility studies RFP released mid-october; proposals due mid-november

22 Thank You for Listening and Sharing Our Story Region 10 Economic Assistance and Planning Michelle Haynes, Executive Director 300 N Cascade Suite 1, Montrose CO

How are property values calculated? What to expect: 2009 property valuations

How are property values calculated? What to expect: 2009 property valuations 4/24/2009 1 4/24/2009 2 MV x AR=AV x Mill = Tax Market Value x Assessment Rate=Assessed Value x Mill Levy = Taxes Market Value: