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The Texas Regional Opportunity Index: A New Platform for Encouraging and Evaluating Local Action RAISE Texas Summit Federal Reserve Bank of Dallas–Houston.

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Presentation on theme: "The Texas Regional Opportunity Index: A New Platform for Encouraging and Evaluating Local Action RAISE Texas Summit Federal Reserve Bank of Dallas–Houston."— Presentation transcript:

1 The Texas Regional Opportunity Index: A New Platform for Encouraging and Evaluating Local Action RAISE Texas Summit Federal Reserve Bank of Dallas–Houston Branch October 30, 2012 Don Baylor, Jr. baylor@cppp.org OpportunityTexas

2 Why Develop a New Source for Local and Regional Data? 2  Provide better and more timely data to local stakeholders to measure community impact  Drive conversations toward manageable, measureable, and actionable outcomes  Inform public policy debate on statewide strategies to improve and measure performance indicators  Cross traditional policy silos and agency boundaries to address barriers to individual and community development  Generate comparable local and regional snapshots to assess opportunity structures

3 Solutions-Oriented Data Not Solutions Oriented  Poverty Rate  Presents a broad picture of a social problem  Does not imply any sort of action  Measures a complex problem without a causal mechanism Solutions Oriented  VITA Preparation Rate  Provides a glimpse into a local service  Implies a policy action for improvement  Measures a single aspect of opportunity upon which community based organizations and local governments can act.

4 Data Sources Public:  Census Data  DataFerret  American Fact Finder  Federal & State Agency Data  HUD User  IRS data  PEIMS Proprietary Data:  Contributions from other non-profits and CBOs  Paying for Data

5 The TROI: Levels of Analysis The TROI compares economic mobility indicators across regions in Texas:  Counties (254)  State Agency Jurisdictions (6)  Education Service Centers (TEA)  Higher Education Regions (THECB)  Tax & Economic Activity Regions (Compt.)  Councils of Government (COG) Regions  Workforce Board Areas (TWC)  HHS Regions (HHSC)  County Population/MSA Tiers (4)  Major Metro  Mid-size Metro (core county in MSA)  “Suburban”  “Rural”

6 Pulling it Together 6 Economic Opportunity ProtectLearnEarnSaveInvest Adapted from CFED Household Security Framework K-12 Education Post-secondary Education and Skills Development Economic Development and Jobs Family Budgets Savings and Assets Family Budgets Credit and Debt Savings and Assets HealthNutrition Savings and Assets Credit and Debt

7 TROI Sample Indicators 7 ClustersExamples of Available Indicators Credit and Debt Average Credit Score, Credit Card Debt, Payday & Auto Title Lender Density Economic Development and Jobs Business Establishment Rate, Labor Force Participation Rate, Long-Term Unemployment Health CHIP Renewal Rate, Primary Care Providers, Uninsured Rates for Children and Adults Family Budgets Child Care’s Share of Family Budget, VITA Preparation Rate, Underbanked Households Rate Nutrition SNAP Participation Rate, % Food Desert, Summer Meals Participation Rate K-12 Education AP and Dual Credit Rates, Public Pre-K Enrollment, ED Student Dropout and Graduation Rates Postsecondary Education & Skills Development Degree Completion Rates (2-yr colleges), FAFSA Completion Rates Enrollment Rates, Student Loan Default Rate (3yr cohort) Savings and Assets Foreclosure Rate, Prepaid College Savings Rate, Financial Institution Density

8 Some Ways to Use the TROI  Performance-driven Accountability  Grantwriting & Fundraising  Baseline Goal-Setting  Programmatic  Regional  Communications & Media Talking Points  Demonstrating Community Impact  Cross-System Collaboration & Campaigns  Asset Building Integration Across Multiple Platforms & Services * Image from Popular Science Magazine http://www.popsci.com/technology/article/2011-10/data-power

9 Measuring Local Impact For Existing Activities  VITA Outreach & Market Share  Credit Counseling  Career Pathways (speeding time to completion)  Tax-Time/Emergency Savings  Entrepreneurship  Foreclosure Prevention  Affordable Housing Development & Maintenance  IDAs  “Bank On” Campaigns  Financial Education?

10 Identifying Emerging Approaches to Improve Outcomes  Payday/Auto Title Loan Alternatives  Comprehensive Benefits Access  Integration of Financial Stability Services Into Postsecondary Arena  FAFSA Preparation & Completion  Student Loan Counseling (pre- & post)  College Savings Enrollment & Local Investment  Small Business Incubation  Reemployment Services  SAT/ACT Preparation & Completion  Dual Credit/Early College High School Promotion

11 What Can TROI Do Now?  TROI County Profiles What does economic opportunity look like in your county and how does it compare to the state, similar counties, regional jurisdictions, and neighboring counties?  TROI Regional Profiles How does your (COG, WDA, ESC, etc.) region compare to other regions in the state? How do the individual counties in the region compare to each other?  Indicator/Opportunity Area Reports How are counties and regions across the state faring on a single indicator or opportunity area?  “SWOT” Analysis Where does the data indicate strengths, weaknesses, opportunities, and threats for economic opportunity within your county or region?  Presentations CPPP staff members can present information about and data from the TROI to various stakeholder audiences.

12 Screenshots from Profiles

13 Create an Opportunity Snapshot: o By County o By Region Select Indicators Select Comparison Points Texas Regional Opportunity Index Opportunity Snapshot Generator 16 - Amarillo Higher Ed Comptroller Economic COG Education Service Education Service Center Region Snapshot: Choose by Location or Name ESC Region

14 Create an Opportunity Snapshot: o By County o By Region Select Indicators Select Comparison Points Texas Regional Opportunity Index Opportunity Snapshot Generator Choose up to 12 Total Opportunity Indicators: Credit and Debt Average Credit Score Credit Debt Burden Excellent Credit ScoreStudent Debt Burden Subprime Credit Score Credit Access Business (CAB) Lender Economic Development and Jobs 4 to 18 Indicators in each category 8 Opportunity Categories

15 Create an Opportunity Snapshot: o By County o By Region Select Indicators Select Comparison Points Texas Regional Opportunity Index Opportunity Snapshot Generator Brewster County State Comparison Region Comparison County Rate Rank WithinRate Rank Within Rate Indicator # 1% #%#% % Indicator #2# ## # # # Indicator # 3% #% # % % Brewster County Opportunity Snapshot

16 TROI To-Do List: Local Asset Poverty

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18 Use of This Presentation The Center for Public Policy Priorities encourages you to reproduce and distribute these slides, which were developed for use in making public presentations. If you reproduce these slides, please give appropriate credit to CPPP. The data presented here may become outdated. For the most recent information or to sign up for our free E-Mail Updates, visit www.cppp.org.www.cppp.org © CPPP Center for Public Policy Priorities 7020 Easy Wind Drive, Suite 200 Austin, TX 78752 P (512) 320-0222 F (512) 320-0227


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