1. Strategic Planning: Board of Directors Workshop
February 12, 2016, 2:00 – 5:00 p.m., Hudson Opera House

2. Meeting Agenda 2:00 – 2:10 Introduction
2:10 – 2:40 Data summary and discussion
2:40 – 3:00 Revisit mission statement & performance goals
3:00 – 3:45 Discussion on the four pillars
3:45 – 4:00 Break
4:00 – 4:45 Discussion of CEDC activities and initiatives
4:45 – 5:00 Wrap up / next steps
Alyson lead this slide

3. Strategic Plan Process:
Introduction
Strategic Plan Process:
Where are we?
Where are we going?
Where do we want to be?
How do we get there?
Mike lead this slide

4. Demographic Overview Presented to CEDC 2/12/16
Columbia County
Demographic Overview
Presented to CEDC 2/12/16

5. Data Overview “Where are we?”
Victoria lead this slide

6. Population - Age
Columbia County Residents are slightly older than the US and New York averages, with a majority 45 years and older
Data from

7. Population - Education
Columbia County residents graduate from high school and earn bachelor’s degrees at close to the NY and US rates.
County residents include individuals with more military service than either NY or the US.
Data from Census Quickfacts

8. Population - Housing
Columbia County residents have a high level of home ownership
Columbia County
New York US
Homeownership rate
72.40%
54.20%
64.90%
Housing units in multi-unit structures, percent
16.90%
50.60%
26.00%
Median value of owner-occupied housing units
$221,600
$288,200
$176,700
Persons per household
2.38
2.61
2.63
Data from Census Quickfacts

9. Work Patterns - Employment
Columbia County
New York US
Labor Force, % of Population
62.0%
63.5%
63.9%
Employed
57.1%
57.7%
Unemployed
4.9%
5.6%
5.8%
Not in Labor Force
38.0%
36.5%
36.1%
Data from Census Quickfacts

10. Unemployment of 5.6% in Capital Region better than upstate NY average – only Greene County worse
Unemployment rate
%, 2014
Upstate NY average
6.4
5.6
Capital Region average
Albany
Columbia
Greene
Ren-sselaer
Saratoga
Schenec-tady
Warren
Washington
Unemployment, Number of people,
Dec 2014
7,606
1,466
1,381
4,302
5,296
4,049
2,073
1,714
Labor force participation rate,
%, 2013
65.0%
62.9%
53.5%
66.4%
68.0%
65.4%
63.9%
60.7%
Source: BLS, Moody’s Analytics, American Community Survey

11. Capital Region Unemployment Deep Dive
Unemployment by race and ethnicity (2013), %
Unemployment by educational level (2013), %
Black
Hispanic
Asian
White
Less than high schoolLess than high school
High school graduate or GEDHigh school graduate or GEDHigh school graduate or GED
Some college or Associate’s degree
Bachelor’s degree or higherBachelor’s degree or higherBachelor’s degree or higher
Unemployment rate, veterans (2013), %
Unemployment rate, dis-abled population (2013), %
Labor force participation rate and unemployment by age, 2013
Columbia
11.6
Greene 25
Labor force participation rate, %
Unemployment rate, %
Rensselaer
9.3
Washington 22
Age 16-19
41.6
24.7
Albany
8.8
Rensselaer 18
Age 20-24
74.3
13.4
Washington
8.2
Columbia 16
Age 25-44
85.4
7.7
Warren
7.9
Albany 15
Age 45-54
84.4
5.4
Greene
6.8
Warren 15
Age 55-64
66.2
5.0
Schenectady
6.1
Schenectady 14
Age 65-74
25.8
7.8
Saratoga
6.1
Saratoga 13
Age 75+
5.2
3.6
NOTE: Unemployment rates for detailed demographic groups only available as five-year trailing averages (2009 – 2013)
Source: American Community Survey

12. Work Patterns - Commuting
Columbia County
New York US
Mean travel time to work (minutes), workers age 16+
25.7
31.6
Public Transportation
2.5
27.4
5.1
Data from Census Quickfacts

13. Workers in Capital Region often live and work in different Counties
Where Capital Region workers work
Where Capital Region workers work, by county
% share of total workforce, 2013
Thousands (% share of total workers in county)
Locally1
In home town
Non-locally
In home county, but not
home town
121
(81%) 29
(19%)
Albany
In state, but not home
county
60 (54%)
51 (46%)
Saratoga
Out of New York State
28%
35 (45%)
42 (55%)
Rensselaer
39 (53%)
34 (47%)
Schenectady
34%
22 (71%)
9 (29%)
Warren
18 (62%)
11 (38%)
39% of CR workers (~200k) work in a different county than their home county
Columbia
37%
12 (44%)
15 (56%)
Washington 2%
11 (55%)
9 (45%)
Greene
1 “Locally” defined as working in their home county of residence
Source: 2013 American Community Survey Five-year estimates, US Census Bureau

14. Prosperity Measures Columbia County New York US Median Income $57,336
$58,003
$53,046
Social Security Received in Household, %
37.0%
29.1%
29.3%
Population in Poverty, %
9.8%
15.3%
15.4%
Data from Census Quickfacts

15. Poverty rates significantly higher in urban areas
Number of people in poverty
2013
Albany
Sche-nectady
Troy
Colonie
Guilder-land
Saratoga SpringsSaratoga Springs
Glenville
Rotter-dam
Hudson
Milton
Poverty rate, %
25.2
23.9
28.3
6.9
5.8
7.9
4.7
5.5
23.2
7.1
Share of CR people in poverty, %
21.6
14.5
12.4
5.2
1.9
1.9
1.3
1.5
1.4
1.3
49% of Capital Region total
Number of children <18 in poverty
2013
Albany
Sche-nectady
Troy
Colonie
Guilder-land
Saratoga SpringsSaratoga Springs
Glenville
Rotter-dam
Hudson
Milton
Child poverty rate, %
32.2
41.9
46.4
9.8
5.3
4.5
4.1
7.1
31.8
7.2
Share of CR children in poverty, %
18.0
21.6
15.0
5.3
1.2
0.7
0.9
1.4
1.6
1.0
55% of Capital Region total
Source: American Community Survey

16. Industries – Sources of Wages

17. Industries – Top 7 by Wages
2 digit NAICS Sector
Establishments
Average Employment
Total wages
Health Care and Social Assistance
171
4,182
$ 166,329,850
Retail Trade
251
2,680
$ 70,125,805
Manufacturing 78
1,556
$ 69,553,538
Wholesale Trade 59
775
$ 36,971,150
Construction
246
903
$ 34,860,937
Agriculture, Forestry, Fishing and Hunting 69
885
$ 32,530,038
Professional, Scientific, and Technical Services
165
520
$ 27,557,921

18. Industries –Next 7 by Wages
2 digit NAICS sector
Establish-ments
Average employment
Total wages
Accommodation, Food Services
170
1,648
$ 25,676,281
Finance and Insurance 67
479
$ 23,984,255
Transportation, Warehousing 41
543
$ 19,801,157
Other Services (except Public Administration)
178
648
$ 18,313,116
Administrative, Support, Waste Management, Remediation Services
106
457
$ 13,249,600
Arts, Recreation, Entertainment 52
325
$ 13,016,569
Management of Companies and Enterprises 10
172
$ 12,294,367

19. Innovation Measures - Patents
County
2009
2013
Schenectady County
215
329
Saratoga County
181
253
Albany County
130
204
Rensselaer County 22 34
Warren County 10 13
Columbia County 5 20
Washington County 6 7
Greene County 3
Source: US Patent Office (all county)

20. Traded and Local Industries
Traded industries sell products or services across & beyond regions
Local industries primarily serve the local markets.

21. Top 5 “Traded” Clusters for Job Growth
Cluster Name
1998
2013
Change
% Change
Business Services
408
937
529
130%
Education and Knowledge Creation 30
130
100
333%
Livestock Processing 10 60 50
500%
Biopharmaceuticals
Nonmetal Mining 20 70
250%
Source:

22. Top 5 “Traded” Clusters for Job Loss
Cluster Name
1998
2013
Change
% Change
Metalworking Technology
210 80
-130
-62%
Vulcanized and Fired Materials
195 60
-135
-69%
Recreational and Small Electric Goods
245 70
-175
-71%
Financial Services
381
180
-201
-53%
Production Technology and Heavy Machinery
560
185
-375
-67%
Source:

23. Top 5 “Local” Clusters for Job Growth
Cluster Name
1998
2013
Change
% Change
Local Health Services
3,166
4,292
1,126
36%
Local Real Estate, Construction, and Development
1,300
1,770
470
Local Food and Beverage Processing and Distribution
870
1,216
346
40%
Local Logistical Services
269
520
251
93%
Local Hospitality Establishments
1,152
1,397
245
21%
Source:

24. Top 5 “Local” Clusters for Job Loss
Cluster Name
1998
2013
Change
% Change
Local Retailing of Clothing and General Merchandise
503
486
-17
-3%
Local Utilities
412
243
-169
-41%
Local Commercial Services
689
498
-191
-28%
Local Entertainment and Media
386
182
-204
-53%
Local Motor Vehicle Products and Services
1,022
719
-303
-30%
Source:

25. Mission Statement The mission of the ColumbiaEDC is to :
Strengthen the area’s tax base through economic development & job creation;
Assist businesses to locate & expand within the County;
Promote Columbia County as a premier spot for both business investment and personal opportunity.
Alyson lead this slide
Does this resonate?
Does it capture the aims and values of the organization?
What isn’t the org today that you think it could or should be?
Should this bake in industry focus or remain broad?

26. 2016 Performance Goals
Educate business owners, elected officials and community representatives regarding resources available to new and existing businesses.  
Market and administer the CEDC and SBA loan programs, including reporting, loan administration and technical support services.
Mike lead these slides

27. 2016 Performance Goals (continued)
Assist municipalities with infrastructure projects that have an economic impact, including program research, applications and administration of grants.
Collaborate with partners and stakeholders to address Business Climate issues. (Local & State)
Mike lead these slides

28. 2016 Performance Goals (continued)
Assist entrepreneurs and start-up businesses,
Improve CEDC efficiency, including expenses and reporting.
Work with State and Federal elected officials to develop business incentive programs designed for small businesses.
Mike lead these slides

29. Plan Focus: Four Pillars
Entrepreneurship & Innovation
Infrastructure
Quality of Life & Sustainability
Workforce & Education
Alyson to lead
For each:
Opportunities and threats
Where should CEDC lead, partners, or follow/support advocate
What partnerships are essential here, and where does overlap or gap need to be addressed?

30. Economic Development Issues
Broadband
Infrastructure
Business Attraction
Investment
Business Climate
Jobs
Business Retention & Growth
Land Use
Clean Energy & Climate Change
Public Safety
Economy
Shovel Ready Sites
Education
Transportation
Environment
Gas & Electric
Health & Human Services
Water & Sewer
Other
Mike lead these slides

31. Industry Segments Agribusiness Manufacturing & Technology
Arts, Culture, Tourism & Hospitality
Professional Services
Education
Recreation
Financial Services
Second Home Real Estate
Government
Small Business
Health Care
Not for Profits
Creative Economy
Other
Mike lead these slides

32. Issues and Themes Business environment / culture
Business marketing/attraction versus retention
Economic development versus community development
Bifurcation of County (rural vs urban)
Regional collaboration
Industries of focus: agbusiness, creative economy, technology, tourism
Workforce readiness challenges; new business-education partnerships under development
Funding model (private versus public support)
Need for organizational direction, capacity
Regulatory Compliance
We think part of our role here is to help you not be a mile wide and an inch deep
Introduce each topic, tell them what we heard, facilitate THEIR discussion

33. Organization Functions
General Administration
Loans & Grants
Economic Development
Accounting & Finance
Compliance & Reporting
Marketing & Communications
Mike to lead. Review activities and reflect on “fit” to the mission, pillars, and discussion so far.
What needs to be continued, modified, begun, or dropped?
Alyson to chime in as appropriate

34. Next Steps Public Meeting Stakeholder Survey Draft Strategy Board Review Member Presentation – Annual Meeting
Mike’s slide

35. Thank you