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HomeMy WebLinkAbout01112011 COMPARATIVE INDICATORS TO OTHER HAMPTON ROAD CITIESDavid Bradley January 1 l, 2011 FY 2011-12 Budget Preparation -November 16th - FiveYear Forecast Presentation -Today - Regional Comparison Brie~ng ~%March 29th - City Managers Presentation of Budget & CIP to City Council ~ City Council Workshops - April 5th, 12th, 19th, 215t (if needed), and 26th - Public Hearings - Apri121 St and 26th -May 3'"d - Budget Reconciliation Workshop -May lOte - FY12 Budget Adoption 1 Expenditures By Category ^ General Government Administration ^ Public Safety and Judicial Administration ^ Public Works ^ Health and Welfare ^ Education • Parks, Recreation, and Cultural ^ Commimity Develo~~ment ] 00.0 % _ - e ~~ 8~.0°/a _ _ - 0 57.5% 43 0°/u -- 473% ~' 47.6% ` 51.1% , 53.0% ~ 60.0% I=~ 54.8 /o _ - _ ~ .- ~ I ~ -'~`~~ ~ 40.0% - - _ _ - -- - 20.0°/ _ _ _ . _ I , i 0.0 % _ ,, sr,~ .. _ V"u~bi~ia Chesa~eake i~~orfoll< Yorlsmouth HamNton Ne~s~orL Su1T~olk Beach News Source: 2009 ComPara[ive Report of Local Government Revenues and ExPenditures Virginia Auditor of Public Accounts Loca I Reve n u e By Type i Real EstateTaxes ~ Personal and Business PropertyTaxes ~ Other LocalTaxes ^ BPOL _~ MealsTax ^ Consumer UtilityTaxes ^ Local Sales and UseTax . Revenue from the llse of Money and ProPerty ^ Miscellaneous Revenue ^ Charges for Service 100.0% 80.0 % 60.0 % 40.0 % 20.0 % 0.0% Virginia Chesapeake Norfolk Portsmouth HamPton Newport Suffolk Beach News Source: 2009 ComParative RePort of Local Government Revenues and ExPendi[ures Virginia Auditor of Public Accounts ~ Rea I Estate Tax Rate Per $100 of Assessed Value $1.60 $1.40 $1.45 $1.40 $].28 ~ $1.27 $1.27 $1.22 1._a $i.2o rn- ~ - . 1.05 $1.08 ~ I.10 1.04 ~. $1.00 0.89 . - i;, } ~ €. $0.80 -- --t f; -- G s<_ ~, I' ~. ~ $0.60 ~ ` I . - - - - - 4, ~ ! -- ~ - ' ~7 F- ~;. $0.40 - _ ,:' I 1; pc Lt f T 2004 2 ~ z $0.20 _ 'i ~~- ~ F~" 2011 - ~ ~, _ , ~ f f;~ ', ~ ~ ~'~ '..i.. ~ .:4 ~ -~ _~+_' ._ ._ ..:.._- ". _ .., __ __ ..~~._...,__ $~.~~ Virginia Chesapeake Norfolk Portsmouth Suffolk Hampton Newport Beach News Source: Management Services 3 Personal Property Tax Rate Vehicles and Business 00 $6 ------- - . ~- I --- - - ' $s oo ' as.oo . - ! ~ s4•33 a+.ss aa.zs aa.2s sa.os $4 00 . $ 3 00 . $2 00 . $1 00 . $0 00 - . , ,--- -,- - -T- Virginia ChesaPeake Norfolk Portsmouth Suffolk HamPton NewPort Beach News Source: Management Services Hotel Tax Rate ~o o~, . o 8.0% 8.0% 8.0% 8.0% 8.0°/ 8.0% 8 0% . . o 6 0 % . 4 0°/ . 2 0% . 0 0% . Virpinia Chesapeake Norfolk Portsmouth Sutfolk Hampton NewPort Beach News Source: Management Services Meal Tax Rate ~o a~, -- . o 8 ~~,0 ~ ~ . ! ~ 6.5% 6.5% 6.5% - - - - 6.5% 6.5% 0% ~ 6 _ - Jr. . . o . o 4 0% . 2 0% . 0 0% . Virginia ChesaPeake Norfolk Portsmouth SulTolk Hampton NewPort Beach News Source: Management Services Automobile License Fee Vehicles Under 4,000 Pounds $35.00 $30.00 $30.00 $25.00 $26.00 $25.00 $26.00 $25.00 $20.00 $20.00 $15.00 $10.00 $5.00 $0.00 Virginia Chesapeake Norfolk Portsmouth Sut£olk Hampton Newport Beach News Source: Management Services 5 V ~ Cigarette Tax Rate Per Pack $D.g~ $0.65 $0.65 $0.65 $0.65 $0.60 $0.60 - --- -- $0.50 $0.50 $0.40 --- --- ----- $0.20 __--- --- - $0.00 _: - - , _ ,- - ----- - _._ _.__ Virginia Chesapeake Norfolk Portsmouth SufTolk Hampton Newport Beach News Source: Management Services Monthly Water and Sewer Bill Assuming 5,000 Gallons Consumed -~Virginia Beach tChesaPeake -~Norfolk ~-Portsmouth ~t-Suffolk $80.00 $70.00 $60.00 Virginia $50.00 ____'___-_ _'_ $40.00 $30.00 I $20.00 l i r ~ i i , , 2003 2004 2005 2006 2007 2008 2009 2010 20t1 FiscalYear Source:Virginia Beach Public Utilities DePartment 6I Monthly Trash Coilection Fee $so $43.33 $40 j- N~ - $32.00 0 " I $30 R ' 526.64 e i y ~ I $2331 $2~ $38 G3 ~ c ~-- . - - r '. ' 9 ~ a p ,i $10 ~ ~ a i , I ! 53.00 I ' $0 ao.oo ~o.oo ' _ ° ° i _. .__ , _ _ _, Virginia ChesaPeake Norfolk Portsmouth SufFolk HamPton Newport Beach News Source: Management Services Comparison of Municipal Taxes FY 2010-11 VirginiaBeach Chesapeake Norfolk Portsmouth Suffolk Hampton NewportNews RealEStateTax $2,110.19 $2,489.55 $2,631.81 52,940.04 52,157.61 $2,465.84 $2,608.10 PerSOnalPlopertyTax 120.59 155.13 206.98 244.43 180.07 184.68 154.67 Electri[ity Utiliry Tax 36.00 45.00 45.00 40.80 36.00 36.00 36.96 Gas Utility Tax 36.00 22.56 18.00 36.00 36.00 28.80 18.12 VaTelecommunications7ax 70.68 70.68 70.68 70.68 70.68 70.68 70.68 WaterUtilityTax 36.00 None 67.50 84.00 None None None RestaurantTax 251.48 251.48 275.43 Z75.43 275.43 275.43 275.43 AdmissionsTax 25.69 25.69 25.69 25.69 25.69 25.69 19.27 Vehicle License Decal 50.00 46.00 52.00 50.00 40.00 60.00 52.00 Stormwater Utility Fee 87.97 91.20 101.52 84.00 62.88 55.20 65.40 Residential Refuse Fee None 36.00 324.12 485.64 None 221.00 279.76 Water&Sewer 552.00 689.28 573.48 513.00 658.24 582.96 631.80 TotalTaxlmpact 53,376.60 53,922.S1 $4,392.21 Sa,852.71 53,742.60 $4,006.28 $4,212.19 Difference from Vi~ginia Beach $0.00 5545.98 $1,015.61 $1,476.12 5366.00 5629.69 5835.59 Source: Management Services 7 Change in Housing Price in Hampton Roads and Competing Metro Areas from 2006 to 2009 ~ o.o~io o.o~i ~I V QI V~ Z, L = ri i QI ''~ f~ C 0 I Z O O. O C .O Q ~; j k Q ~-. -IO.O~ ~ ~ L a ~ O. L = L- _~~ R ?-~ ~y ~~._-r ~ o Z =!-~- ',~, V V 0 ~ ~ pp ~ ~ ^ ~i . ~ s o, ~% S u ~ ~ I -20.0 % -r °p ~ i - - I ~~~ y C -30.0 % i - ~ i~ C~ ~ -40.0% ~ I I ~ -50.0% Source: Hampton Roads Planning District Commission (National Association of Realtors~ 8 $ ~ s,ooo $15,000 $12,000 $9,000 $6,000 $3,000 $0 1993 1995 1997 1999 2001 2003 2005 2007 2009 CalendarYear Source: HamPton Roads Planning District Commission (Consolidated Federal Funds RePort) Business Startups Per 10,000 Residents ~+Virginia Beach tChesapeake tNorfolk ~-Portsmouth ~SulTolk ~HamPton Newport News 16 0 . 14 0 . 12 0 . 10 0 . 8 0 . 6.0 ~`Virginia ecach 4 0 '~w . -- 2 0 . 0 0 . 2007 2008 2009 2010 FiscalYear Source: Virginia Employment Commission 9 Inflation-Adjusted Department of Defense Spending in Hampton Roads Median Household Income tVirginiaBeach i-Chesapeake -~Norfolk ~Portsmouth -rc-SufFolk tHamPton Newport News $70,000 $60,000 $50,000 $40,000 $30,000 2005 2006 2007 2008 2009 CalendarYear Source: US Census Bureau American Community Survey Per Capita income ~Virginia Beach tChesapeake -~Norfolk ~-Portsmouth -~Suffolk tHamPton Newport News $50,000 ~ $40,000 ~~ $30,000 ~ $20,000 2003 2004 2005 2006 2007 2008 CalendarYear Source: US DePartment of Commerce Bureau of Economic Analysis 10 I Unemployment Rate tVirginiaBeachi-ChesaPeake tNorfolk ac-Portsmouth -x-Suffolk tHamPton NewPort News 10 0% . 8 0% . ~ ~ 6 0% ~I . I irginia ~ Beach 4.0% 2 0°/ . 0 0% . 2003 2004 2005 2006 2007 2008 2009 2010 CalendarYear 2010 data is through Source: A.S. Bureau of Labor Statistics - Local Area UnemPloyment Statistics Database November Taxabie Sales tVirginia Beach fChesapeake tNorfolk -~Portsmouth -Mt-Suff'olk tHampton NewPortNews $6,000 $5,000 ~, $4,000 a 0 ~ $3,000 $2,000 $1,000 $0 1 Source:VirginiaDepartmentofTaxation ~ 11 2003 2004 2005 2006 2007 2008 2009 CalendarYear Library Expenditures Per Capita tVirginia Beach -~ChesaPeake tNorfolk -M-Portsmouth $SO -~SuETolk tHamPton Newport News Virginia Bcach $4~ .- ~ _. ..,-,,,~~ ,<- .~..~ ...s„-. ~ $30 s *~ - $20 $10 2003 2004 2005 2006 2007 2008 2009 FiscalYear Source:Virginia Auditor of Public Accounts 12 Locally Funded School Expenditures Per Pupil tVirginia Beach ~-Chesapeake -tNorfolk ~Portsmouth ~--SulTolk ~HamPton Newport News 000 $6 _ _ __ , __ _ _ _ _ __ _ -- ---_ _ _ _ - '~, Virgi I nia 000 $5 I ~ ~ ----------------------- , - --- $4 000 , $3,000 ~ ~F --~ $2 ~~ ~ . ~--~K-~ , $1 000 , $0 2003 2004 2005 2006 2007 2008 2009 Fiscal Year Source:Virginia DePartment of Education SuPerintendent's Annual RePort City Contribution as a Percent of Total School Operating Expenditures tVirginia Beach tChesapeake tNorFolk -~Portsmouth ~t-SufTolk tHamPton Newport News 55 0% . virg.n a Beach 45.~% 43.5% 35 0% . ~_ ~a 25 0% . 15 0% . 2003 2004 2005 2006 2007 2008 2009 SchoolYear Source:Virginia Department of Education Superintendent's Annual Report 13 ° . • Expenditures Per Capita Fire and Rescue ~VirginiaBeach fChesaPeake -~Norfolk -~Portsmouth $300 -x-Suffolk ~HamPton Newport News $250 $200 $t50 ~~ .. $11434 $100 irginia Beach $50 $0 2003 2004 2005 2006 2007 2008 2009 FiscalYear Source:Virginia Auditor of Pubiic Accounts / 14 Expenditures Per Capita Law Enforcement and Traffic Controi ~VirginiaBeach fChesaPeake tNorfolk -~Portsmouth $350 -~-Suffolk tHampton Newport News $300 $250 Virgini ~ Beach $200 $150 $100 $50 2003 2004 2005 2006 2007 2008 2009 FiscalYear Source:Virginia Auditor of Public Accoun[s Violent Crime Rate -+-VirgiuiaBeach -i-ChesaPeake tNorfolk ~-Portsmouth -~-SufTolk tHamPton NewPort News 10 0 . 0 9 . 8.0 7 O K . 6 0 . 5 0 'm-`r . 4 0 . 3.0 2 0 . ~ O Vir inia . Beach 0 0 . -- 2003 2004 2005 2006 2007 2008 2009 CalendarYear Source: Crime in Virginia 15 Hampton Roads Congestion and Congestion Costs $600 30 000 , $500 25 000 , c o '~ ° c • $400 , E 20,000 p a p ~ $300 5 0 `~ o 1 ,0 0 U 'p' a o $2~ T 0 0 ~ ~ on ~Millions of Dollars 1 , 00 w o U $100 -Annual Hours of Delay n. .,., ~ 5,000 $~ 0 1990 1992 1994 1996 1998 2000 2002 2004 2006 Source: Hampton Roads Planning District Commission (Texas Trensportation Institute) 16 Expenditures Per Lane Mile For Maintenance of Highways, Streets, Bridges, and Sidewalks ~Virginia Beach i-Chesapeake -f-Norfolk ~Portsmouth ~-SutTolk tHampton NewportNews $80,000 $60,000 $40,000 $20,000 $0 2003 2004 2005 2006 2007 2008 2009 FiscalYear Sources: Virginia Department oRransportation and Auditor of Public Accounts Expenditures Per Capita Sol id Waste Col lection ~VirginiaBeach fChesapeake tNorfolk -x-Portsmouth -~t-Suffolk $200.00 $160.00 $120.00 $80.00 Virginia Beac6 $40.00 $0.00 2003 2004 2005 2006 2007 2008 2009 FiscalYear Source: Virginia Auditor of Public Accounts 17 Poverty Rate - Individuals ~+Virginia Beach tChesapeake tNorfolk ~-Portsmouth -~Suffolk ~-Hampton NewportNews 20 0% . t 6 0 % . ~ 12 0% . 8.0% 0°/ 4 . Virginia Beach ~ ~°~ . 2005 2006 2007 2008 2009 Calendar Year Source: Census Bureau - American Community Survey 18 Expenditures Per Capita Public Health ~Virginia Beach -s-ChesaPeake -~Norfolk ~Portsmouth ~SufT'olk ~-Hampton Newport News $70 $60 $50 $40 $30 -- $20 -- $]0 Vir inia s~~~n $O 55.95 2003 2004 2005 2006 2007 2008 2009 FiscalYear Source:Virginia Auditor of Public Accounts Expenditures Per Capita Social Services ~Virginia Beach tChesaPeake tNorFolk --~-Portsmouth ~Suffolk tHamPton NewPort News $400 --- - - -------- $300 ~,.~a._ --- v. ----- ~-~~ .--.__._. ._...._„r ~o-.. .~.,.zs._.. -"" $200 ~ ~ - ~rgmia Brach $173.10 $100 $0 2003 2004 2005 2006 2007 2008 2009 FiscalYear Source: Virginia Auditor of Public Accounts 19I Expenditures Per Capita Mental Health and Mental Retardation tVirginia Beach tChesapeake -~Nor£olk -~-Portsmouth -w-SulFolk tHampton Newport News $250 $200 $ISO ~'ugwa $113•7~~ Oeach $100 x. $50 $0 2003 2004 2005 2006 2007 2008 2009 FiscalYear Source: Virginia Auditor of Public Amounts 20 Expenditures Per Capita Parks and Recreation tVirginiaBeach fChesaPeake -~Norfolk -~-Portsmouth $160 -+~-SufTolk tHamPton NewPortNews $120 ~ Virginia ~ Beach $$~ $40 $0 2003 2004 2005 2006 2007 2008 2009 FiscalYear Source:VirginiaAuditor of Public Accounts Expenditures Per Capita Cultural Enrichment ~VirginiaBeach tChesaPeake tNorfolk ~Portsmouth $100 ~-Suffolk tHamPton Newport News $80 $60 $40 vugi~~a r Beach $20 0 $ 2003 2004 2005 2006 2007 2008 2009 -$20 FiscalYear Source:Virginia Auditor of Public Accounts 21 Totai Expenditures (Includes Schools) Per Capita tVirginia Beach tChesapeake tNorfolk ~Portsmouth -~t-Sui£olk tHamPton NewPort News $4,000 - $3,500 ~ ,208.34 $3,000 8och $2,500 $2,000 $1,500 2003 2004 2005 2006 2007 2008 2009 FiscalYear Source: V irginia Auditor of Public Accounts 22 Per Capita Expenditures as a Percentage of Personal Income -~VirginiaBeach fChesaPeake -rNorfolk ~Portsmouth 14 0°/ tSufFolk tHamPton Newport News . 12 0% . 10.0°/ ~ ->e-----_.. __,,.. ~ 8.0% . o 6 0% . vUg~„ 4 ~% Bearh . 2 0% . ~ 0% . 2003 2004 2005 2006 2007 2008 FiscalYear Source:Virpinia Auditor of Public Acwunts and IIS Department of Commerce Bureau of Economic Analysis Debt Per Capita $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 Most Recent Data is 2008 DaW is 2009 Virginia ChesaPeake Norfolk Portsmouth Suf£olk Hampton Newport Beach News \ Source: Pach City's 2010 CAFR 23 Bond Rating Virginia Chesa- Ports- Newport Beach eake Norfolk mouth SufTolk Ham ton News Standard & Poor's AAA AA+ AA AA- AA AA+ N/A oody's AAA Aal A1 A1 Aa3 Aa2 N/A Fitch AAA AAA AA AA- AA- AA N/A Source: Each City's 2010 CAFR Citizen Survey November 200J ~ 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 live 24 I Conclusions • Citizens value the services the City provides • The Region has been experiencing the impacts of the recession • Lowest cost provider in the region ~ Low overall tax rates compared to the region o Llsing 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 25