01052010 COMPARISON PRESENTATION
Comparison of Virginia Beach to
Other Regional Cities
i BrcIE
a~ , 21
FY 2010-11 Budget Preparation
- November 17t" -Five Year Forecast Presentation
- December 8t" -Presentation Summarizing Citizen Input from
Town Hall Meetings
- Today -Regional Comparison Briefing
- March 23~d -City Managers Presentation of Budget & CIP to
City Council
- City Council Workshops -April 6t", 13t", 20t" and 27t"
- Public Hearings -April 22"d and 27t"
- May 4t" -Budget Reconciliation Workshop
- May 11t" - FY10 Budget Adoption
Expenditures By Category
__ _
__
o.~; w :,~ , ~. a __ _, _ _ _ _ _. _~_ _ _ ~ ___~e . _ .
~~0 5a~ ~o ~fi ~~~ ~A ~a
Source: 2008 Comparative Report of Local Government Revenues and Expenditures
Virginia Auditor of Public Accounts
Local
__ __
Revenue
By Type
_.__
~~.~ Ch.r`eslor5ervice
^ MlscelWneousAevmue
80.@!t
pewnpehom the Vu of stoney and Property
~ ~ • total SaMsapd Vsa Tas
*~ +Conmmn tlt7hy Taaes
~.@
•: MesK Tax
1AA% a 8P@l
Oeher laeai Toes
d@%
_ _
°"
°«* ~#'
~
cs*
2~
4`° ~1 Per!iaewland euainess Plvperty tPees
fi
b
C
~°~ ~~
~
ya
~
~
°
~ ~
~
Q
„~~' ~ ABcal Estate Taaes
Source: 2008 Comparative Report of Local Government Revenues and Expenditures
Virginia Auditor of Public Accounts
Current Selected Local Tax Rates
and Fees for FY 2009-10
Source: Management Services
•Hampton charges $18.42 for houses that recycle and $43.33 for those that do not
•Newport News charges $18.63 fora 60 gallon container and $23.31 fora 90 gallon
container
Comparison of Municipal Taxes
FY 2009-10
Virginia Beach Chesapeake Norfolk Portsmouth SuROIk Hampton Newport News
Real Estate Tax 52,201.86 52,597.70 52,748.14 53,067.76 52,251.34 52,5]2.96 $2,721.40
Personal Property Tax 481.76 509.18 530.40 624.00 530.40 530.40 530.40
Electricity Utility Tax 36.00 45.00 45.00 40.80 36.00 36.00 36.96
Ges Utility Tex 36.00 22.56 18.00 36.00 36.00 28.80 18.12
Ve 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 251.48 251.48 275.43 275.43 275.43 275.43 275.43
Admissions Tax 25.89 25.69 25.69 25.89 25.69 25.69 19.27
Vehicle License Decal 50.00 46.00 52.00 50.00 40.00 56.00 52.00
Stormwater Utility Fee 80.67 82.20 98.28 78.00 62.88 55.20 65.40
Residential Refuse Fee None 36.00 324.12 384.00 None 221.00 279.76
Total Tex Impact 57,250.14 53,886.49 56,257.24 54,75.75 53.328.42 53,572.16 54,069.42
Source: Management Services
Monthly Trash Collection Fee
Economic Vitality
Change in Housing Price in Hampton
Roads and Competing Metro Areas
from 2006 to 2008
io.oz
s.~
~.~
o.~
•~ ~e aaz oa o
~ ~Q~° Q`O 0a `d~•6 ~°a •a~ `' ae °a
a
-lO.OX ~I ~ ~~~ - ~
a
F
-15.0%
-20.0% - _-
-25.0%
-30.0%
Metropolitan Statistical Area
Source: Hampton Roads Planning District Commission (National Association of Realtors)
Inflation-Adjusted Department of
Defense Spending in Hampton Roads
__ __
$1$,000 _ ~., ,~ _...._~
! ~ls,ooo
Siz.ooo
Ss<aoo
sa,aoo
So . _ s . ~ ..~,..~
1993 1994 1495 1936 1447 194$ 1949 2000 2001 2002 2003 2004 2005
zoox 2cw$
Source: Hampton Roads Planning District Commission (Consolidated Federal Funds Report)
Median Household Income
Per Capita Income
Ssoooo
San,ooo
S3o.0oa
Sazszl
Percent of Commercial Real Property
2008
30.0%
25.0%
20.0%
15.0%
10.0%
S.0%
0.0%
Vrginia Beach Chesapeake Norfolk Portsmouth Suffolk
Source: Virginia Association of Assessing Officers
Hampton Newport
News
~~
10
~ ~ ~f~ ~ „~
24.6%
Percent of Exempt Real Property
2008
as.0% - - -
39.4% _
40.0%
35.1%
35.0% --- ---------
30.0% ~ ----
25.0% I 22.3%
20.0% 1 18`5%
15.0%
~~ 9.7% 9.3% _
10.0% za%
I
S.OY ~
0.0%
Virginia Chesapeake Norfolk Portsmouth Suffolk Hampton Newport
Beach News
Source: Virginia Department of Taxation
Unemployment Rate
~_ _ __
~ 4.1176 . _ _ . __ _.
___ __e _ __~_ __ ~ ~~_~~~.~
_
$.076
~
•2009 data is through the month of October
'.
VPrginia BeacA
7.096
' - .
- .Chesapeake '
&.0%
. ~ .
~~
..,., -Noriotk
5.076 ~ »~,~.
..~ ~ *..
°
~ ... , s..
"'~,
~
~„
~~ -_.
,,: -
-ae-Portsmouth
~ .~.,_
. ~
9
"~" -. Suffolk
~,. _ _
---
Hampton
Newport News
3 07s: - -
10.076
2003 2004 ZOOS 2006 2007 2008 2004
[atendarYear
Source: U.S. Bureau of Labor Statistics -Local Area Unemployment Statistics Database
11
Taxable Sales
,_ __ __ __
ch
i y~e,,...~.,v...........
$3,000,Q00,000 - -t~»Roresrnouth
--~-SvftolR
$2,0OO.OEl0.000 ~,..,~ ~ ~. a„~.~-,^",. Hampton
$2,OQO,tt00,OtM3 - -..,-,.~'.~...u..._ n..d _P.,> ~.,~ N2vspOrtNOws
SO
ZtMl3 2004 2005 2406 2007 2tt0$
Calendar Year _ _
Source: Virginia Department of Taxation
Quality Education and lifelong
Learning
I!
12
library Expenditures
Per Capita
Sao.o6
$35.04
I $30.80
525.00
:55.00
56.E
~° z6o~ zo6a zoos tcro6 zooz zoos
Fiscal Ytar
Source: Virginia Auditor of Public Accounts
Virginia Beacn
-Nariolk
w#-~fMrtsmouth
~«~--5ufh~ik
fS,....Hamptan '...
Newport Mews
City Expenditures Per Pupil
5s.6oo _. ~~ . ~ _n _ ~ ~ . .. __
€ 55,006 -~ Vitginla Beach
53.91 -*~-Cntsaptake
$3,192 -•~ -NOrPotk
r., ....._ ._..~....Suffouc
Sz.OtX1
....Hampton
'-~~.~ .- ~. Naurport News
3083 2064 2005 2006 200T 206$
Sctraeii Year
Source: Virginia Department of Education Superintendent's Annual Report
13
City Contribution as a Percent of Total
School Operating Expenditures
4.09& ..... .. _ _
2003 2004' 2005 2006 2Et07 200&
SchoalYear
Source: Virginia Department of Education Superintendent's Annual Report
Safe Community
14
Szoo
$103.00
593.64
: $77.57 $83.01
'; ,..~:
Z~3 2004 2005 2Q06
i
FiscatYear
Source: Virginia Auditor of Public Accounts
cnesaaeske
i
.~-=Norfolk i
Expenditures Per Capita Law
Enforcement and Traffic Control
w ',
! I~
15
Fiscal Xear
Source: Virginia Auditor of Public Accounts
Violent Crime Rate
Source: Crime in Vrginia
Quality Physical Environment
16
^~^
$600 30,000
25
000
$500 ,
20
000 v
m
$400 ,
L
O
O
e
15
000 ~
~
.
$300 , q
d
0 c
~
10
000 o
c
$200 , x
$100 5,000
0
SO
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Source: Hampton Roads Planning District Commission (Texas Transportation Institute)
lane Miles of Road
0 ~' _ ~~-
2003 2004 2005 2006 2t)Q7 2008
Cakerrdsr Year
Source: Virginia Department of Transportation
I
~I
17
Hampton Roads Congestion and
Congestion Costs
Expenditures Per Lane Mile
$60,000 -_-_~_._.~ - ------ ---___
$50,000 -
', Virginia Beach
$40,000 ' -Chesapeake
~"~tYOrfolk
$30,000 ', ---- -*p-porumouth
... ~~.f'-~ -~-Suffolk
$20,000 _~`.`_, ~, -- ,a.e,,,~ _...~...,- .... .. -Nampwn
~ ~~~~~~~
-°,. ,~hAewCtl€f PIewR
$,2.0,000 -
$0 _ _ _ _,.
2003 2004 2005 2006 2007 2008
fiscal Year
Sources: Virginia Department of Transportation and Auditor of Public Accounts
Expenditures Per Capita
Solid Waste Collection
$200.00 ~~ ._ -- ____~~ W_.. ~~~~~_, ~_,_ _.w~_ . .
$160.00
$220.00
580.00
$40.00
VErglnia Bead+ '
Chesapeake
.::,,»Norfolk
--»+~-Portsmnn#h
-~-•Suffolk
$0,00
2003 2004 2~5 2006 2007 2009 :.
Fiscal Year '.
Source: Virginia Auditor of Public Accounts
18
Family and Youth Opportunities
-P+o~tfmOUth »>
&ik95 _.. 7.4% 742%
SuNdk
6.4% 6.5% °"N~FNm
4.Q%
0.0%
2C1Q5 2006 2Q07
Calendar veer
Source: Census Bureau -American Community Survey
- Newport News
{
j
2flU8
19
Poverty Rate -Individuals
Expenditures Per Capita
Public Health
X70.00 ~ . ~~ _ ~ ._.__ ~_ . ~ ~. .~w._m~
,$60.00
~
`°~ ~ virginia$tdGh
.
~ ~
'$SO.QO
f ~~~ Chesapeake
~` ,s'
;$40.00 - ~
-Norfolk '
-FPortsmoutk~
" $30.00 _ -- --
~...~..~~ » -Suffa(k
,...HamCtan
.,.. <,, m .°` °
N
w
't N
S1O.O0 _ lWS
ew(
e
~
,.
$5.22 $5.39 $5.45 $5.76
$6.06 $6.35 1
~.OQ _.. .
zoa3 ztma zoos zac~5 2oa7 2Q68
i
Ffscal Year
Source: Virginia Auditor of Public Accounts
Expenditures Per Capita
Social Services
i
+'""~~ «~^^ V€
i
€
B
h a
.~3FM1.00 ,.~
,"`- rt
eac
rg
a
-
;m .~~ a ~
e,.,..„
a Chesapeake
„ v.. _~. Nwfnik
s
.,.,.e~
~_ -~°-' / S~~XDK -~-POxtSrttOrlth
/ 5.74
® ^°SuHo~
~~4Q;(~$
~ i. $94.84 Hampton
Nev+part News ''.
~ 2003 2004 2005 2005 2007 240$ ~
I
PisraJ Year I
Source: Virginia Auditor of Public Accounts
20
Expenditures Per Capita
Mental Health and Mental Retardation
Source: Virginia Auditor of Public Accounts
Cultural and Recreational
Opportunities
9
z,
____Newpurt.News
9o.nn
aaco aooa zoos aa~ aa-r auoa
~ ` Fiscal Yrar
!- - _~ r_ T __ ~ .___ _- -- --~--
Expenditures Per Capita
Parks and Recreation
$160.00 - --. ~~.~_------ --- --_----
x
$140.00 ~-
+rt~Vlrglnka8each
$120.00 - ~,..
-..~.
Chesapeake
~ _...~,..,. $98.21
$100.00 ~,• ~....
~....-=-^-m°
_
Norfolk
$80.00 - --- -~-portsmotrth
_„<
~
$60.00
$50.16 -+~-Suffolk
$61.38
$52.67
$40.00 - - ,.Hampton
_ Newport News
$20.00
50.00 _ _.__ _ _ _ _ _ __- - _ _
2003 2004 2005 2006 2007 2008
Fiscal Year
Source: Virginia Auditor of Public Accounts
$a.~a __
2003 2004 2005 2006 2007 2008
Fiuel Year
Source: Virginia Auditor of Public Accounts
~~
22
Expenditures Per Capita
Cultural Enrichment
Quality Organization
23
Per Capita Expenditures as a Percentage
of Personal Income
14,Q% _. ... w: _ _ .~._ .. ~ .. _
'
12.09
0 ~ ~x
°~.
I0:0% - ~..-..- ~~, ~ ,.>
.....
~=„-.-_.~.--. ~-° -
Va €n€a Beach
~~~•thesapeake I,
8.OY -- 7.1% ~ j
i 6.0% - -+«-ROrtsm<wti~ I
_ -~«-SuNolk ',
4.490 -_
- M4ampEOn
I
x.99" -
I
i NewFOrC News
0.09& __<__.m ... __
2000 2001 .
2f)Ox 2093 2004 2005 20011 2Q07
fiscal Year _ ~
Source: Virginia Auditor of Public Accounts and US Department of
Commerce Bureau of Economic Analysis
24
Bond Rating
Standard & Poor's A~
Virginia Beach
Moody's
Aa1
Standard & Poor's AA
Chesapeake
Moody's
Aa2
Standard & Poor's AA
Norfolk
Moody's
Al
Standard & Poor's AA-
Portsmouth
Moody's
Al
Standard & Poor's AA
Hampton
Moody's
Aa2
Standard & Poor's Aa
Newport News
Moody's Aa2
Source: Each City's 2008 CAFR
Citizen Survey November 2009
• 91.4% are satisfied with City services overall
• 94.0% are satisfied with the appearance of the
City
• 97.4% believe Virginia Beach is a good place to
live
• 94.2% believe Virginia Beach is a safe place to
I ive
~ I '~~
25
Conclusions
• The Region is experiencing the impacts of the
recession
• Lowest cost provider in the region
• Low overall tax rates compared to the region
• Using standardized values, a family of four has
a lower tax burden than the other cities
Still lag behind other cities in fees and charges
for service as proportion of total revenues
• Citizens value the services the City provides