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576 Endorsing the Thurston Community Economic Alliance Strategic PlanCITY OF YELM RESOLUTION 576 A RESOLUTION OF THE CITY OF YEW ENDORSING THE THURSTON COMMUNITY ECONOMIC ALLIANCE STRATEGIC PLAN WHEREAS, the Thurston Economic Development Council Board of Directors created the Thurston Community Economic Alliance in early 2016 in order to begin developing a regional strategy for economic development; and WHEREAS, the City of Yelm is a member of the Thurston Economic Development Council Board of Directors, represented by CouncilmemberTad Stillwell; and WHEREAS, City staff and elected officials participated in the development of the strategic plan along with other communities, stakeholders, and members of the public, and WHEREAS, the strategic plan coordinates a regional approach to achieve economic vibrancy in the Thurston Region, sets a framework for partnerships, sets guiding principles of effort and priorities, and WHEREAS, the strategic plan does not supplant organization efforts, replace partnership authority, superimpose goals onto other organizations, and propose a new form of governance; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Yelm that the Thurston Community Economic Alliance Strategic Plan as adopted by the Thurston Economic Development Council Board is hereby endorsed by the City of Yelm. IT IS FURTHER RESOLVED that City staff will continue to participate with the other economic development practitioners from the Thurston region to implement the Strategic Plan and to develop a regional vision for economic development. APPROVED this 11th day of April, 2017. cac_ fFoster, ayor ATTEST: Lori Mossman, City Clerk a N E_ O 0 V V L E V) N '4-1 '_ .= E O V � a O W cd L E O > u � cdO `� vi O V L `) -o O N 'cn a a cd ._ E E v ,> O a� O c=d u c N -v � v O a ♦' .= N E =v cd "o C: C: O .- 4-) •� 4-) OE o ♦) 4� � L � O V O V � 0 L � p o - O C�5 L •- c� s M O L p m -a E U m E p o O Lu CL U U 4-1 O 4-1 E L '� O cn O a L E 0 v) 0 0 cd ao L — tt ._ .�, '> a 0 4-) .- N O .� 4 Lj = 4J N vi C s ' 0 IIIIIIIIIIIIIS — L O ON �- Q O 4-1 uV) N O cd ' cd w O — tt L •— uct Q 0 4-) .- N Lj = byp a vi cid •— 0 IIIIIIIIIIIIIS — u cd 0 ?`U •° E t c � M III � • lilillll�iiiil � 0 V 0 V O L c� LL b.0 � tv N 0 F *k • � C 0 m4 cz U � E D LU L cn uuuuu�llh pullllI J V) +_+ = 2 im •; • • •; 1; .' 0 t r, • ! Q 1; r �; I 'I I (, /, L /', Message from TCEA Introduction and Context Vision and Mission Strategic Plan Construct Partner Roles Focus Areas Overview Focus Area 1: Career Pathways and Workforce Readiness Focus Area 2: Target Industry Growth and Innovation Focus Area 3: Small Business and Entrepreneurial Resource Focus Area 4: Infrastructure, Policy and Funding Coordination Focus Area: Brand Development, Partnerships and Communication Performance Indicators Overview Performance Indicators Index Indicator 1. Components of Population Change Indicator 2. Real Property Value Indicator 3. Gross Regional Product Indicator 4. Industry Presence and Impact Indicator S.Target Industry Employment Indicator 6. Industry Sales Leakage Indicator 7. Tourism Revenue Indicator 8.Taxable Retail Sales Indicator 9.Overall Employment Growth Indicator 10. Labor Force Participation Indicator 11. Class of Worker Indicator 12. Median Wages Indicator 13. Median Household Income Indicator 14. Housing Affordability 4 5 8 9 10 14 15 16 17 18 19 20 21 22 23 24 25 27 28 29 30 31 32 33 34 35 36 Indicator 15. Poverty Indicator 16. Percent of Students Qua I ifyi ng for Free/Reduced Lunch Indicator 17. Educational Attainment Indicator 18. High School Graduation Rates Indicator 19. K-12 School Performance Indicator 20. Commuter Outflow Indicator 21. Mode of Commute Indicator 22. Consumer Confidence Implementation Structure Acknowledgments Focus Group and Community Interview Participants Strategic Initiatives Matrix Focus Area: Career Pathways and Workforce Readiness Focus Area: Target Industry Growth and Innovation 47 Focus Area: Small Business and Entrepreneurial Resources Focus Area: Infrastructure, Policy and Funding Coordination Focus Area: Brand Development, Partnerships and Communication 37 38 39t 40 41 43 44 45 46 48 50 51 53 55 56 58 3 MESSAGE FROM TCEA It is our great honor to present the first-ever comprehensive economic development plan for Thurston County. The Thurston Community Economic Alliance is a partnership structure established to foster collaboration, reduce confusion and ensure accountability. The Strategic Plan is the road map we'll follow to achieve our shared vision for a prosperous and resilient community that provides economic opportunity for all. Ourjourney has been deliberate and inclusive the final product reflective of the community we live in and the people and organizations th; make it a place we all love to call home. More than 40 organizations have signed on to lead c support implementation of proposed initiative The initiatives, in turn, are designed to advance community goals identified through a variety of recent planning and public engagement efforts. Adopted performance indicators will allow us to track and report progress, and if necessary, make adjustments as we go. Asa "living document", the plan will also be updated every five years to ensure we remain aligned with evolving demographics, priorities and opportunities. We are grateful for the time and energy so many have contributed to this effort, and look forward to continued collaboration aswe build an even stronger Thurston County. II IIS _11IF.' (D D (..J (_m - I1- II (D IS A IIS If_w CO N "I" IE "I"' Economic development plays a crucial role in overall community health, prosperity and sustainability. In Thurston County, many organizations are involved in efforts to strengthen our business environment, enhance our workforce and create economic opportunity for our residents. While many organizations collaborate on individual activities, there is broad agreement that greater clarity of purpose, coordination of actions and much broader impact can be achieved under the framework of an economic development strategic plan. The creation of the Thurston Community Economic Alliance and first-ever county -wide strategic plan for economic development is our shared effort to fulfill that goal. The Strategic Plan was shaped through a collaborative process involving variety of partners, with coordination and leadership provided by the Thurston Economic Development Council. More than 100 business and non-profit leaders, educators, elected officials and other stakeholders participated in strategy sessions, with broader public input gathered during review of proposed initiatives. The Strategic Plan does not replace individual partner plans and goals, but rather serves as a unifying framework for identifying and accomplishing shared economic development priorities. In some respects, the Strategic Plan is essentiallythe fulfillment of prior planning efforts. Prior studies and plans include: Sustainable Economy White Paper As part of the Sustainable Community Plan led by Thurston Regional Planning Council (TRPC), the Thurston EDC developed a "Sustainable Economy" white paper demonstrating the need for integrated planning approaches in order to create prosperous local economies, protect environmental assets and foster and fund our social and educational infrastructure. Industry Cluster Study Under the leadership of the Pacific Mountain Workforce Development Council (PacMtn WDC), partners recently completed a targeted industry cluster study to identify what core traded -sector industries drive our economic output, and where future opportunities may exist within the corresponding supply chains. Six industry clusters were identified: www.pacmtn.org/documents/Pac-Mtn- ClusterStrategy.pdf Workforce Innovation and Opportunity Act and PacMtn WDC Strategic Plan Recent federal legislation calls for local workforce development councils to create employer -centered implementation strategies. This requires increased reliance on real-time economic data to identify in -demand jobs, and increased collaboration with economic development entities to engage employers in job development activities. It also provides an opportunity to better align the workforce and economic development systems in our 5 IlD1__/ 1 �"> II V..J.�_. AS, V (... MHFYI 1 I°'VV I _ (.)IK I C1F c.'1_-{VI(_..) I C.C1V(.,1V IC,. )II_VII_1__(_ IIDVIf_fel_ II DIIfl(_)II,)II II Il `:> community. The new PacMtn WDC Strategic Plan cal Is for stronger integration between workforce training and employer skill -set needs. Thurston Thrives Many of the TCEA partners have been engaged in the Thurston Thrives research and planning effort. This work has reinforced the critical role a strong economy - and equitable opportunity- plays in creating healthy community. It also suggests there are greater opportunities for micro -enterprise, incubation and workforce training services. The Plan is also a proactive step to leverage new opportunities, prepare for evolving conditions and address potential risks such as: Reductions in State Workforce The great recession had broad impacts for the entire economy. But, locally, the blow was most evident in reductions to our locally -dependent State workforce. While some of those jobs will return, long-term state employment is trending downward, suggesting a more pressing need to diversify our sector base. dependent upon, the payroll, spending and spin-off effects of JBLM. While not as pronounced in other local communities, future force reductions could have trickle down impacts for retail businesses, the real estate market and other areas of our economy. Conversely, many separating soldiers (estimated to be 40%) indicate a desire to remain in Thurston County, potentially supplying a whole new workforce segment from which to grow existing and new sectors. Increased City Emphasis on Economic Development Over the past several years, recognizing that sales tax offers the one "elastic" source of revenue available to cities (property tax increases are capped at 1% annually, Washington has no income tax, and grant funding is variable at best), the Port of Olympia and the Cities of Lacey, Tumwater and Olympia have all created new senior -level economic development positions and hired staff to focus on local business recruitment and retention. This growing focus on economic development at the local level provides an opportunity to revisit regional priorities, roles and new collaborative ventures. Fluctuations in JBLM Force Center for Business and Innovation Launch A recent white paper revealed the extent to which I n fal 12015, South Puget Sound Community the City of Lacey's economy is supported by, and College (SPSCC) and the Thurston Economic I Development Council launched the Center for Business and Innovation (CB&I) at SPSCC's new Lacey Campus. The Center provides an integrated one-stop economic development clearinghouse, combining traditional instruction and a new entrepreneurial certificate program with existing business development and veteran service programs. The goal is to help connect growing businesses with highly -qualified employees, and develop new businesses with an emphasis on advanced manufacturing and technology. The SPSCC Foundation Board is also in the process of developing a micro - lending program to help finance promising entrepreneurial ideas. Economic Development District The U.S. Economic Development Administration provides grant and loan funding as well as a variety of technical assistance to designated Economic Development Districts (EDD). Thurston County is not currently part of an existing EDD and therefore not eligible for these restricted funds. Fortunately, the Thurston EDC and its partners have already completed much of the work necessary to receive designation. The remaining steps can be achieved through the TCEA and subsequent identification of strategic initiatives. Creation of a Strategic Initiatives Fund There is currently no dedicated fund to support regional economic development activities. Most Thurston EDC funding is encumbered for specific local purposes. While targeted grants have been secured in the past to complete specific projects, grant funding is cyclical and often restricted in terms of use. A stable strategic initiatives fund would allowfor more proactive economic development activities outlined in the strategic initiatives section beginning on page 50. 7 VII SI10 N A IIS ID M II SS 10 N The Thurston Community Economic Alliance is TCEA Mission a voluntary partnership of local governments, Foster shared community prosperity through businesses, non -profits, educational institutions coordinated and leveraged community and and economic development practitioners that economic development activity as manifested collaborate on the development, implementation and review of efforts to build and maintain a dynamic economy. TCEA Vision The Thurston Community Economic Alliance will help our local communities compete and prosper in an evolving and increasingly competitive global marketplace. It will strive to extend economic opportunity to all population segments, facilitate strategic initiatives that produce regional benefits and create a structure and mechanism for aligning individual member and practitioner roles and responsibilities. I through an economic development plan and policy framework. Strategic Plan Value Statement The Strategic Plan establishes an inventory of partner roles and functions within the broader economic development landscape and a mechanism for increased collaboration and greater impact over time. /\IIfM-M. ' II C" P LAN CQNS'"I"IRM'"I"' The Strategic Plan was assembled through the process shown below. Focus area teams met on three separate occasions to develop and refine proposed initiatives, set proposed implementation timelines and identify potential lead and support partners. These three Community Leader Summits provided an opportunity to review and confirm preferences for performance measures, partner roles and responsibilities and the ensuing implementation and reporting framework. I -CIT �ROM IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII (�f(( IIIIIII -��� IIIIIIIIIIIIIIIIIIIIIIIIIII���U�[I>1DDIJUD��IIUr�iI��V�i�U�k��i111�f��11111��1ll�????f 9 IMAM,. F.' R LE Economic development involves diverse development arena. Many other community stakeholders operating in a variety of spheres. groups play a role in economic development Successful economic development occurs when and it is anticipated the inventory will grow over stakeholders bridge those spheres, identify clear time. Likewise, many of the inventoried partners roles and work collaboratively to achieve shared serve otherfunctions beyond these specific goals. The following provides an inventory of economic development -related roles. key partners within the Thurston Community Economic Alliance. The inventory does not represent an exhaustive list of all organizations involved in local economic activities. Rather, it identifies the key roles some of the larger partners play within the economic 10 • Plan convener, coordinator, tracker • ADO (State contact for economic development activities) • Regional recruitment lead (production focus) • Retention and expansion support • Foreign direct investment coordination • Data, research, white papers • Jurisdiction -specific recruitment/retention • Infrastructure readiness and "place -making" • Targeted initiatives (Woodland Square, Veteran Service Center, Brewery District, Downtown Olympia, etc.) • Self -governance; land use policy coordination • Specialized business ventures and attractions • IPZ management • Center for Business & Innovation (entrepreneurial support) • Forecast and Innovation Expo • Real estate forum, opportunity site marketing • Grants and micro -loan support • Policy recommendations • Local tax and land use policy • Development, permitting "ombudsmen" • Strategic investment support • Natural resource based industry leadership • Business promotion and networking • Small business incubator • Policy coordination (Shared Leg. Priorities) • Education, schools support (via Foundation) • Targeted workforce development support (13213) • Local business promotion and networking • Workforce readiness analysis and programs • Job seeker support (WorkSource) • Labor force, target industry data • Business retention support • Strategic response (JBLM,job loss events) • DOL, other grants 11 • Import-export lead • Commercial/industrial/tourism support • Customized training and education • Knowledge transfer •General Education • Enterprise Zone management, promotion • Rural development support and funding • Internships, apprenticeships • Special projects (micro -loan, policy research) • Vocational education •Visitor brand and marketing • Place -making support and promotion • Targeted economic development activity support (e.g. Bountiful Byway) • Multi -jurisdiction policy convener • Transportation system planning/funding • County land use and workforce housing analysis • Public (workforce) transit • Congestion relief • Specialized/responsive transportation. solutions • Business and community data source • Community wellness tracking and initiatives • Technical assistance • Strategic investment support • Regional infrastructure funding • Convene and align non-profit partners 12 • Workforce training and education support Health policy and advocacy • Workforce support programs • Technical assistance • Workforce pathways for clients IF- 0 _m, (..J S A IF.' IfM-M.AS IIRII This section provides a summary of Strategic Plan focus areas, the Alliance's vision for each, and the various initiatives proposed to bring those visions to life. Focus areas include: • Career Pathways and Workforce Readiness • Target Industry Growth and Innovation • Small Business and Entrepreneurial Resources • Infrastructure, Policy and Funding Coordination • Brand Development, Partnerships and Communication A detailed Strategic Initiatives Matrix is included beginning on page 50. It includes proposed partners, additional partner notes and recommended implementation start dates. 14 Vocational Education & Work-based Learning Support 15 Real-time Data Analysis & Strategic Partner Briefings ie uuui Strategic Plan for Agriculture & Food Manufacturing 16 Culture of Innovation 17 High-Speed . . ....... ....... . Commumication Networks 18 Communications Plan 19 P IE IF.1 IF- 0IF.1 II I A IIS _m, IE II IN �D II "I IIR This section describes the data TCEA wiI I track to measure economic conditions and performance. Just as the status of a given species is an indicator of its habitat's overall health, TCEA indicators are designed to provide key insights into the health and functioning of a complex economic landscape. While it may not be possible to coherently measure everyfactor affecting economic conditions, indicator snapshots can help local leaders track measures that matter to their constituents, and accordingly, make policy and investment decisions to achieve defined goals. The diverse range of our indicators reflects TCEA's vision that successful plan implementation can and should positively 20 impact multiple facets of community well-being. Indicator progress will be tracked and reported annually to Alliance members and the broader community. In all, TCEA has identified 22 core indicators. In addition to tracking the performance of each individual variable, overall progress will be measured using a composite scoring index. Improving indicators will be assigned a score of+1, declining indicators a score of -1 and unchanged indicators a score of zero. The resultingfigure will provide a year -over -year snapshot of our general direction. 1_ IF---II J IF.' S _110 N P IE F �1 IF - 0 F.1 II I A N IE II IN �D II ! IIR II IN 1. Components of Population Change 2. Real Property Value 3. Gross Regional Product 4. Industry Presence and Impact • Number of Enterprises by Sector • Wages paid by Sector • Annual Average Employment by Sector • Annual Average Wage by Sector 5. Target Industry Employment • Target Industry Employment Change 6. Industry Sales Leakage 7. Tourism Revenue • Visitor Spending and Revenue • Visitor Spending by Lodging Type 8. Taxable Retail Sales • Taxable Sales • Taxable Sales vs. Population Growth 9. Overall Employment Growth 10. Labor Force Participation • Unemployment Rate 11. Class of Worker 12. Median Wages 13. Median Household Income 14. Housing Affordability • Housing Affordability: Middle Income Families • Housing Affordability: First Time Buyers 15. Poverty 16. Percent of Students Qualifying for Free/Reduced Lunch 17. Educational Attainment 18. High School Graduation Rates 19. K-12 School Performance • K - 12 Performance: English Arts • K-12 Performance: Math • K-12 Performance: Science and Biology 20. Commuter Outflow • Thurston Resident Place of Work 21. Mode of Commute • Mode of Commute Outside County • Mode of Commute Inside County 22. Consumer Confidence DATASOURCES • American Community Survey (US Census) • Bureau of Labor Statistics • Dean Runyan and Associates • Economic Modeling Services, Inc. • J Robertson and Company (J RO) • Office of the State Superintendent for Instruction • Saint Martin's University • Thurston County Economic Development Council • Washington State Department of Labor & Industries • Washington State Employment Security Department • Washington State Office of Financial Management 21 M1 l D ( :fel II fel .` > : II 11D(' II D V j I_ Why it matters: Population change, and what's causing it, is an important indicator of market capacity. Howwe're doing: Thurston's population experienced growth spurts in the late 1970s and early 1990s, at times growing by nearly 10% per year. Since 2000, County population growth has averaged 1.73% per yea r. Population Count, ].96]. 201.5 zs0,r�r�r� o ....1 �',1 ch •:t t(pfl t(pfl t(pfl t(pfl tip (pfl ( fl (fl Q•;t I. 6 2 W (fl ,fll �('fl.1 1,fl (fl (.fl fl W W W W 1, 1(fl t(pfl W(fl ((flfl C}}} CeC..:.}}.l cC.C'.:.:}}1 cC.0•C.0C.C.t:}t tC.p::}} I•,S:t 1i. t:1 "" , I,I""""" """""""""" t 8,000 4,000 o III�p� tp ip ip tp tp tp tp tp tp „, 1„, I'^, (fl (fl �.^, fl „, a, I'^, (fl (fl (fl (fl (fl (fl (fl (fl (fl (fl ( (fl a, (fl (fl (fl 22 Source of Population Growth, ].96].' 201.5 MIMI Residual Net N/ligratlon Natural Increase |KJ0(`�T[�����U����������U0�� � �—�—��—���—'--'--''--'_____ ______ Why it matters: Rea I pro pertyva I ue provides a snapshot of overa I I prosperity. The higher the va|ue.the more desirable the location. Howwe're doing: Thurston has the 6th highest average parcel value among in Washington. Thurston's average parcel value is$23U.77land total county real value is$25.662.646.633 about 3%ofstatewide real property value. The mean value for all counties is $162,390 per parcel, while the weighted mean is $271,863. $600,000 $545,008 $400,000 $363,53e $291,255$300,000 $zoo'000 $1oo'000 $o Average Value of Real Property $258,182 sss $^°+ $230,771 $227,624 $222,277 $216,878 $210,725 -� � 23 IIf [_ACA UI1, t:- GROSS REGIONAL N_ PRODUCT " DUCT Why it matters: Gross Regional Product measures the final market value of all goods and services produced in a specific region including earnings, property income and taxation on production (less tax subsidies). Growth in the GRP indicates a thriving economy. In Thurston, there is also interest in seeing gains in particular industries including: health care; manufacturing; information; professional and technical services; arts, recreation and entertainment; accommodation and food services; and crop and animal production, which align with our identified target industry clusters. Howwe're doing: Thurston County's baseline GRP, as of 2014, is $11.56 Billion. Government accounts for 33% of that value, while our target industries produce between 1% (arts, entertainment and recreation) and 8% (health care). I h urston Gross Regional Product 201.4 Mining, Quarrying, and Oil and Gas Extraction 0% *Arts, Entertainment, and Recreation IUUIwIIN 1% Educational Services IUUIwIIN 1% Management of Companies and Enterprises luMIN 1% Transportation and Warehousing IMMIN 1% utilities luMIN 1% tither Services (except PuhlicAdministration} IuulwlulwlulwlulMIM 2% *Accommodation and Food Services IWIIAIUTAIUTAI MIN 2% Administrative and Support and Waste Management and... IuulwlulwlulwlulMIN 2% *Information IWIIMINIIIMIll 2% *Crop and Animal Production IWIIMINIII Mill 2% Real Estate and Rental and (..easing IMINIlwlulwlulwlulwlulwlulwlvo 3% *Manufacturing IMINIlwlulwlulwlulwlulwlulwlvo 3% *Professional, Scicntific, and Technical Servlccs IWIIAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUIIII 4% Finance and Insurance IWIIAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUIIII 4% Construction IWIIAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUIIII 4% Retail Trade IUUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUII 7% Wholesale Trade Iuulwlulwlulwlulwlulwlulwlulwlulwlulwlulwlulwlulwlulwlulwlulwlulwlulwlulwlvu 7% *Health Care and Social Assistance IWIIAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUTAIUI 8% Other Non-Industrics IuuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluuluulU 14% Gommicnt IUUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUIwIUI 33% 0% 5% :1.0% :1.5% 20% 25% 30% 35% *Identified target industries 24 Why it matters: Local economies are comprised of multiple driving sectors. Understanding which sectors are generating the majority of employment, wages and revenue is essential to identifying where resources should be applied to protect core sectors and support emerging industries as conditions change. Howwe're doing: The tables provide a snapshot of Thurston industry performance in 2014. As has been the case for manyyears, Government is the single largest employer and wage payer in Thurston County. But other industry sectors play a significant role as well. Combined, non-governmental enterprises account for two-thirds of total employment, about 60% of total wages (and, incidentally, some of the highest annual average wages). Health care and social assistance Construction Professional and technical services Retail trade Other services, except public administration Administrative and waste services Accommodation and food services Wholesale trade Real estate and rental and leasing Finance and insurance Manufacturing Government Transportation and warehousing Agriculture, forestry, fishing and hunting Information Educational services Arts, entertainment, and recreation Management of companies and enterprises Utilities Mining 1,886 Government $1,980,942,731 862 Health care and social assistance $572,388,814 726 Retail trade $333,157,952 670 Wholesale trade $269,580,752 635 Professional and technical services $210,141,534 489 Construction $183,693,460 468 Manufacturing $153,266,049 371 Finance and insurance $152,817,797 256 Administrative and waste services $150,559,229 249 Accommodation and food services $133,122,906 179 Other services, except public administration $114,326,966 173 Transportation and warehousing $78,650,648 151 Agriculture, forestry, fishing and hunting $55,052,472 146 Educational services $72,640,288 117 Information $53,657,469 106 Management of companies and enterprises $48,651,071 94 Real estate and rental and leasing $40,630,507 18 Arts, entertainment, and recreation $22,781,340 9 Utilities $14,340,240 6 Mining $1,667,281 25 N D CAT(A I NDUSTRY PRESENCEAND I KPACT(cont'(]) 26 ...... . .............. III A . VIII Government 35,435 Health care and social assistance 13,286 Retail trade 11,842 Accommodation and food services 7,991 Administrative and waste services 5,216 Construction 3,893 Professional and technical services 3,592 Other services, except public administration 3,377 Manufacturing 3,162 Wholesale trade 3,067 Finance and insurance 2,452 Transportation and warehousing 2,146 Educational services 1,848 Real estate and rental and leasing 1,233 Arts, entertainment, and recreation 1,175 Agriculture, forestry, fishing and hunting 1,541 Information 918 Management of companies and enterprises 724 Utilities 170 Mining 31 26 VIII Wholesale trade $87,897 Utilities $84,354 Management of companies and enterprises $67,198 Finance and insurance $62,324 Professional and technical services $58,503 Information $58,450 Government $55,904 Mining $53,783 Manufacturing $48,471 Construction $47,186 Health care and social assistance $43,082 Educational services $39,308 Transportation and warehousing $36,650 Agriculture, forestry, fishing and hunting $35,725 Other services, except public administration $33,855 Real estate and rental and leasing $32,953 Administrative and waste services $28,865 Retail trade $28,134 Arts, entertainment, and recreation $19,388 Accommodation and food services $16,659 l N D l C', AT C l 1, 5 A"ARG ETI N DUSTRY E M P I OYMENT Why it matters: Employment trends provide insight into the overall health of Thurston County's target industries. How we're doing: Overt he three-year period between 2012 and 2014, employment remained stable or grew inmost of Thu rston'starget industry clusters, with the most significant growth occurring in health sciences. x I airget Industry F.�innjployinneint , 201.2 201.4 @1929] 2 201.3 111111 201.4 3,162 1,�541 ILI � 1�11 918 N§ G IR10 3,592 92 cr 4�11 M11W. �Ido 41-6 27 1181F� 918 N§ G IR10 3,592 92 cr 4�11 M11W. �Ido 41-6 27 |KJ[l|(—/\T[l� ��- U����0 ���~������U �� U �� � ���������������''�'�'������'����� Why itmatters: Good and supplies purchased outside ofThurston County represent lost income and tax revenue. Howwe're doing: The graph below establishes 2014 baseline data for in -region purchases vs. imports for all major industry codes. The goal is to meet more of our local industry demand in -region as time passes. % Industry Dernent Met In Region vs. Irriports, 2014 Accommodation and Food Services Retailaue ~1 lea|mCare and Social Assistance Other Services (except Public Administration) Real Estate and Rental and Leasing Administrative and Support and Waste Management Construction Educational Services ~mrts, Entertain mentand Recreation Wholesaleoue ~pmfe,mnnal,Scientific, and recxn/ca|Services *Crop and Animal p'nuvrunn ron,pnrtaunnand Warehousing Government Finance and Insurance *Information Management ofCompanies and Enterprises Utilities ililillllllllllllllllIIIIIIIIIIIIIII ~manufacturing Mining, Quarrying, and Oil and Gas Extraction 1111111111 *Identified target industries 28 Why it matters: Tourism is an integral part of Thurston County's industry clusters. The spending and earnings generated by external visitors supplements year-round residents' economica ctivity and provides a high return on investment (after visitors spend, they Ieave... or come back to invest). How we're doing: Visitors pending and earning both hit an all -time high in 2015, and have expanded at unprecedented rate (2014-2015) date back to the year 2000. Even though the majority of visitors stay in private residences (family, vacation rentals by owner, etc.), those staying in hotel lodging generate the most spending on an annual basis. Vii siitoir Slpeindiiing and IF.:airniing sw 2000 2015 00 2.`..z0 200 MW :1.50 :1.00 77.5 50 0 2000 2005 201.0 201.4 201.5 @INIlVisitc.ar Spending (Millions) E.'arnings (Millions) Vli litoir Spendling by Il...odgling ...rylpew 2015 $»0 $»50 $1.00 $1.50 $200 IIM I"Iotwl, IVIotwl 11111111 F- rivat" I""IC:)I"ne 1111111 other Overnight 29 Why it matters: Taxable sales generate revenue for the county and jurisdiction where the sales takes place. Taxable sales are an indicator of overall economic activity. I n Washington, the sales tax is especially important for local government given the absence of an income tax and limitations on property tax increases. Howwe're doing: As the graphs below indicate, taxable retail sales have been trending upward in Thurston County during the past several years, exceeding the growth rate of our population by a significant margin. f axable Scales Revenue 20.117 20.15 ur 0 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,00 $1.,500,000 $:1,111111,000 211:1.11 211:1.1. 211:1.2 211:1.3 211:1.4 20.1.5 ............wAll Sales Retailer Sales Only 3.0% 8% C:r% 4% 2% 0% 2G: 2% 30 %Change: IPopu,ullado n vs. ...11axalblle Sales, 2010....2015 M II f [_:) II C A _ Uf 1, 9- OVERALI E K IV:° I " M E NTG IV: T I..,I1 Why it matters: Prosperous communities maintain an employment growth rate at or above the rate of population growth. When population growth exceeds employment growth, there are generally three root causes: a county is attracting a higher proportion of retirees (or non -labor force participants) than working age residents; residents are community to work outside the county; and/ or a number equivalent to the population -jobs gap are generating income through non -employment activities (such as investment income or other transfer payments) as opposed to wages. Howwe're doing: Between 2000-2015, Thurston added 60,000 residents but only 15,000 newjobs on balance. In other words, our population has grown 23%, while employment has only grown 13%. Job vs. F)olpullaHo n Growth, 2000....2015 EMM 250,000 207,355 200,000 1.50, 000 118,184 102,904 1.00,000 31 M-ACATUR 10- 1 ABOR FORCE PARTICIF)ATION Why it matters: Labor force participation indicates how many people of work age are actually working. How we're doing: The graphs be I ows how Thurston has maintained a high I a borforce participation rate since 2010 and overall unemployment levels near the state average. The impacts of the "Great Recession" are read ilyvisib I e in the 2009-2011 timeframein the second graph, followed by four consecutive years of falling unemployment rates. 1lalboir ll:::�oirce, E:.:: inn 1plloyinne int aind Unemployment: 2.000 201.6 140,000 128,724 '120,000 121,382 1.Q: o,000 80,000 60,000 40,000 20,000 7,342 ........... . 0 —1.1.1.0viliain Laboir Fbirce Totall F.'irnjployirneint Total) Uneirnployment 1.2.0% Uneirnployment Rate, 2000-20.1.6 1.0.0% 8.0% 6.0% 4.0% 2.0% 0.0% 32 2..000 2001. 2002 2003 2..004 2..005 2006 2..001 2008 2009 201.0 201.1. 201.2 201.3 201.4 201.5 201.6 f quirston L.Inern p loyrnent Rate Washington L.Inernployrnent Rate II N I_) II � , A _I UI 1, 11 : CI ASS OF WORKER Why it matters: While a strong government sector helps maintain economic stability, it may also depress average wages and innovation. In some cases, a strong government sector presence can also equate to lower municipal revenue as a result of property tax exemptions. How we're doing: Statewide, approximately 84% of workers are private wage and salary earners and/or self-employed, compared to 71% in Thurston County. 33 Class f W uirllksir- ..i..11huirstoin vs. WasIhfingtoin State 2014 78% 80% 65% 60% l 10..,11I'S toII7 Co0.,11II7"�:y 40% MIN Wasllhiingtoin S ate 29% 20% 16% 6% 6% 0% .......................................... ����� , , , , , , �� ...................................... .......,.....�� Private wage and Government Self-employed salary workers 33 Why it matters: Median household income provides a more accurate measure of earnings, taking into account the wages and other earnings a family or other household combination bring in over the course of a year. How we're doing: Thurston County household incomes are consistently lowert hat the statewide average, due in large part to King and Snohomish County (where cost of living is also higher), but have not lost significant ground over the past 15 years. As has been noted in prior Thurston EDC analyses, Thurston is home to fewer high wage earners and fewer low wage earners. IMediain II....iouMu,selholld Income, 2.000....201.5 $70,Q:DQ:D0 66,993 $65,000 l $60,000 62,108 $50, A,PA,PA,P ��ulwluuluuulwluuluulWluuluulllWllUAWwWPWwWPWwWPWu1WP ., $40,000 2.000 2001. 2002 2003 2004 2.Q: 0.11.5 2006 2007 2008 2.009 201.0 201.1. 201.2. 201.3 201.4 201.5 a l�iiim im ,..Thurston 34 Why it matters: Higher median wages indicate a strong presence of high-wagejobs, a competitive employment environment and effective work readiness programs. Howwe're doing: Thurston's median wage remained on -track with the Washington State average from 1990 to 2010. As of 2014, the median wage Thurston worker earned about $1.50 less per hour than their statewide peer. IMediain Wages, 1990 ....2014 $25.00 $22.61 $20.00 $21.17 $10.00 0 -4 N ro I..n 1"^, CXR C°i 0 "1 N ro ".1, Ln UO 1'- CXR C°i 0 -4 N ro t. CrI CrI CrI CrI CrI CrI CrI CrI CrI CrI C a C a C a C a C a C a C a C a C a C a _4 _4 _4 _4 _4 CYr CYr CYr CYr cn cn cn cn cn cn o o o o o o o o o o o o o o o mimummumm-Ma sli in toin State 1� li'n0...RIr s'toin 35 Why it matters: Housing affordability is an essential component for both retaining and attracting workers and investment. The ultimate goal is to achieve a balance between median income and median home price. How we're doing: In the charts below, a score of 100 or higher means the median wage is in balance with the median home prices at any given point in time. For those with equity (e.g. have saved cash for down - payment and/or own another home already), Thurston is a relatively affordable place to live in Washington State. For the first-time home buyer without equity, median housing prices are starting to outpace median incomes. Housing Affordability - Middle Income Families: Q1, 2010 to Q1, 2016 200 180 160 140 moo 120 Thurston I.I.Washington State 100 80 60 40 Q1: Q3: Q1: Q3: 2011 Q1: 2012 Q3: 2012 Q1: 2013 Q3: 2013 Q1: 2014 Q3: 2014 Q1: 2015 Q3: 2015 Q1: 2016 2010 2010 2011 Housing Affordability - First Time Buyers: Q1, 2010 to Q1, 2016 Q1: Q3: Q1: Q3: 2011 Q1: 2012 Q3: 2012 Q1: 2013 Q3: 2013 Q1: 2014 Q3: 2014 Q1: 2015 Q3: 2015 Q1: 2016 2010 2010 2011 36 |�0�0T��1�-������� � �—�—��_��__�_---'-'' Why it matters: It is imperative to understand not only how many people are in poverty, but what groups are most impacted, in order to create effective poverty reduction strategies. Howwe're doing: As of 2014, approximately 12% of Thurston residents were estimated to be living below the poverty threshold. As the graph below illustrates, seniors, married couples and families with two wage earners are far less likely to be living in poverty, compared to single -parent households. l5.9% 1.1.9% 27.9% A]|famDes A]|penp|e Underl8yeam FamDesw&h Fema|ehead nf Fema|ehead nf fema|ehead nf hnuoehn|dvv&h hnuoehn|dvv&h hnuoehn|d,nn re|atedchDdren re|atedchDdren opnuoepreoent underl8years under5years nn|y 37 FOR FREUREDUCED I UNCI -1 Why it matters: Another way to examine poverty is through the Free and Reduced Lunch program offered to school students from low income families. Howwe're doing: Four of seven local school districts are near or above the statewide average for number students identified as low-income. %ILow-Ilncoirn Students, 2014-15 Griffin \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ 18.0% Olympia Fu rawate r\\�0��0�\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\\��\�\��\�\��\�\��\�\��\�\��\� North Fh u rsto n\0\0000000000000000000000000000000000000000000000000000000000000000\ Ye I r\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ Washington Average Fe n i n o\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ Rochester 38 \\\\\\\\\ 43.0% 44.1% 45.0% 47.2% 40% 50% 0% Why it matters: Education is one of the surest ways to reduce poverty and create higher wage career opportunities for Thurston residents. How we're doing: From 2010th rough 2014, educational attainment has slowly but steadily increased in Thurston County. Nearly 94% of residents have earned a high school degree or higher, and 33% have a college degree. 100 90% 0% 70% 60% 50% 40% 30 20 10 J% IEducationa� Attainment 2010 2011 2012 2013 2014 Percent high school graduate or higher 1I111 Percent bachelor's degree or higher 39 II N D II C A Ul 1�-1 IGI�-1 SCI -1001 " 1GIV" - D - TI " N RATES I E Why it matters: High graduation rates lead to reduced poverty and better career opportunities. High graduation rates are also an indication of strong schools and attendant social support networks. Howwe're doing: For the most part, local should districts are exceeding the state average for graduation rates in both the 4 -year and 5 -year cohorts, with additional room for improvement. Graduation IlRates, 2014-15 iiiiiiiiiiiiiiiiiiiiiillillillillillillilliillillillillillillilliillillillillilillillillillillillilliillillillillillillilliillillillillillillilliillillililllillillillillillillilliillillilillillillillilIIIIIIIIIIIIIIIIIIIII Washington Average, 77.2% iiiiiiiiiiiiiiiiiiiiiillillillillillillilliillillillillillillillilillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillilljlllllllllllllllIIIIIIIIIIIIIIIIIIIIII111111renino,76.3% Rochester, 76.9% 4 -year Cohort Yelm, 80.6% j rumwater, 82.0% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIII Olympia, 85.4% 5 year Cohort. 40 North Thurston, 79.2% 11111111111111111 Washington Average, 79.9% renino, 86.0% Rochester, 90.8% Yelm, 78.6% IIIIIII rumwater, 84.9% IIIIIII Olympia, 86.3% North Thurston, 84.7% 65% 70% 75% 80% 85% 90% 95% 111111 Was iiington Average 1111111 en'ino 111111111 Rochester Yelrn 1111€ I urnwater 111111 Olympia III North I hurston II f [_:) II C A _ UR 1-9- IVB.- 2 SC F-1 " " 1 IPERFORMANCE Why it matters: School performance is paramount to employers looking to invest in an area, just as it is to existing and prospective employees as they consider where to "drop roots" How we're doing: As the following series of graphs displays, most area schools outpace the Washington State average for percent of students meeting various testing standards, with a few exceptions. (English I...anguage Arks SLandards, 2014 :9.5 IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Washington Average, 26.3% Griffin, NA IIII Tenino, 14.9% IIIIIIIIIIIIII Rochester, 41.6% 1.1tlh Grade Yelm, 51.2% iiiiiiiiiiiiiiiiiiiiiillillillillillillilliillillillillillillillilillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliIIIIIIIIIIIIIIIIIIIIII111111111111IIIIIIIIIIIIIIIIIIIIIIIIIIIIITumwater,43.4% IIII Olympia, 19.3% 11 North Thurston, 41.6% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Washington Average, 56.9% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Griffin, 78.4% VIII Tenino, 67.0% 8t1Rochester 64.1/ h Grade IIIIIIIIIIIIIIIIIII Yelm, 58.3% Illi Tumwater, 70.2% Olympia, 78.8% 11 North Thurston, 58.0% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Washington Average, 57.6% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Griffn, 68.4% IIII Tenino, 54.5% Rochester 66.2/ 5t1h Grade IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Yelm, 52.0% iiiiiiiiiiiiiiiiiiiiiillillillillillillilliillillillillillillillilillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillilllllllllllllllIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIlTumwater,62.6% IIII Olympia, 65.4% IIt01AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOl1AOf North Thurston, 61.0% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% IIIIII Washington Average 111111 Griffin IIIIII fen'ino IIIIIIIII Rochester - Yelrn 11111 -FurnwaterrIIIIII Olympia IN North fhurston M IIf I:- IICA UI�" 1_9:IVB.- 2 SCF -1 " " 1PERFORMANCE Math `standards, 201.4-7.5 IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Washington Average, 13.7% Griffin, NA Tenino, NA 1.7.th (tiradeIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Rochester, 30.3% IIIIIIIIIIIIIIII IhIIIIIIIIIIIIIIIIIII1II3IIIIII8III IIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Tu mwate r, 15.3% IIII Olympia, 13.1% 114N1PO1110111011101110111011101110111011101110111011101110111011101110111011105' North Thurston, 13.6% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Washington Average, 46.1% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Griffin, 67.0% IIII Ten ino, 43.5% 8th Grade Rochester, 531% '- Velm, 472% IIII Tumwater, 572% IIIIIIIIIIIIIIIIIIIIIIIIIIIIII Olympia, 63.3% 114NO1A01110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111\t North Thurston, 44.6% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Washington Average, 48.1% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Griffin, 53.4% IIII Tenino, 35.3% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII 5th C rade Rochester, 56.8% Velm, 40.5% II€ Tumwater, 48.7% IIIIIIIIII Olympia, 57.4% IIh11t1P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011Ptl North Thurston, 51.9% 0'% 7.0'% 20'% 30'% 40'% 50'% 60'% 70'% 80'% IIIIIIWashinfton Average 111111 Griffin 11114 Tenino IIIIIIII Rochester °.Yelrn 11111 Tumwater VIII Olympia 11114Nortin Thurston Science and Biology Standards, 201.4-7.5 IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Washington Average, 72.S% Griffin, NA IIII Tenino, 73.0% IIIIIIIIIIIIIIII Rochester 731% :10th (tirade ,.Velm, 70.5% IIIIIII Tumwater, 77.4% III Olympia, 84.0% IIh11t1P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P011P01E North Thurston, 76.9% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Washington Average, 60.7% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Gri ffin, 835% IIIIIIIII IIIIIIIIII Tenino, 86.9% 8th (tirade Rochester, 691% Ye lm, 663% IIP Tumwater, 60.9% IIII Olympia, 793% IIfN11A0111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111Y North Thurston, 70.4% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Washington Average, 63.4% IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Griffin, 90.4% IIII Tenino, 57.9% (IIIIIIIIII Rochester, 76.9% 5th Grade - - - - Velm, 64.9% - IIII Tumwater, 67.1% (III Olympia, 69.9% 114N1PO111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110111011101110 North Thurston, 673% 0'% 7.0'% 20'% 30'% 40'% 50'% 60'% 70'% 80'% 90'% 7.00'% 111111 Washington Average IN Griffin (IIII Tenino IIIIIIII Rochester Yelrn 11111 Tumwater 1IIII Olympia 1124Nortin Thurston 42 Why it matters: When residents work outside their home county, several potentially negative impacts can ensue. These include increased congestion (and carbon emissions), reduced in-countyspendinganda lower quality of life for the commuter, just to name a few. Howwe're doing: Thurston residents work in more than 60 different locations throughout the US. Just over 35,000 - or about 30% of Thurston's working resident population - commutes outside of Thurston for employment (2013), with the vast majority traveling to neighboring Pierce County. Other top destinations include King, Lewis, Mason and Grays Harbor Counties. i""Illiu,iur ur°ul IIC esid ii it Cl`Il f Woii1k, 2013 1 ili II uUusdou.0 Co U 111 ty IRM, II loin o Coui iity IS IKVu.ig Co u 1111..y 11 ewls Counity IlvIa so I Co u 1111 t III, Gays ILNarbor couuiiity E Od eir II odatlioiiiis 43 |KJ0(`�T[ ��1-����K������������0�^�� ����������. MODE OF COMMUTE '�'� Why itmatters: Alternative modes oftransportation (vs. sing|e'occupancyvehidecommutino)can he|p reduce congestion and carbon emissions whi I e a I so increasing people's qua I ity of I ife. How we're doing: Within Thurston County, about 2596ofworkers commute totheir job using an a I ternativef or m of transportation. That figure drops to 15%for those commuting to work outside of Thurston County. Carpooling is the second highest travel mode and public transportation, for now, a distant third. Mode of Commute Outside of 1� huirstoin County, 2013 Flierce County Mason County King County O 5,000 1D,000 1�000 20,000 25,000 IINII Drove alone Carpooled 0 Flublic transportation Other mode Mode of Commute Within Murston County, 201.3 u 1.0,00 20,000 ,0,000 40,00 50,00 60,000 70,000 80,000 90,000 1101 Drove alone Carpooled 11111 Public U ansportation Other mode VJA Why it matters: The Thurston EDC has been tracking consumer, CEO and small business confidence levels since 2008. The quarterly index measures residents' opinions about job security, timing of major purchases and expectations for the future. The results help businesses and financial institutions interpret the "mood" of consumers sot hey can plan accordingly. How we're doing: After in inauspicious start, the index has been gathering steam overt he past two years. With the "Great Recession" fading further into the rear view mirror, consumers are once again feeling confident about the irjob prospects, investments and spending activities. 40 120 100 0 0 60 40 20 Q:D onsuirrrneir Confidence, 2008....201.5 �4 CY'C "�tiR" � CYY'C "�tiR" � CY'C "�tiR" � CYY'C "�tiR" � CYY'C "�tiR" � "�tiR" "'•'::R" "�tiR" M II II I P II__. IE II` I IE IIN _ IF/V ISM II (D IN '71"' IlRUI '71"' a IIIR The Thurston Community Economic Alliance is comprised of a large and diverse range of partners, all of whom will be kept apprised of progress during the ensuing plan implementation and periodic plan updates. The following outlines how progress will be tracked and reported, and who will be involved at the various stages. Administration and Oversight The Thurston EDC will serve as Alliance administrator, responsible for scheduling and facilitating meetings, distributing notices and information and other duties in addition to the annual report. The EDC will internalize the majority of administration costs as this work aligns with its core mission and may actually streamline operations given clear and mutually agreed-upon priorities. Contracted support for specific tasks may be funded through a small percentage of the Strategic Investment Fund (SIF)funding. Costs for individual initiative implementation will be borne or secured by the initiative leads. Initiative Implementation Initiatives will be implemented by designated Lead Partners who have agreed to adopt, champion and implement one or more initiatives. Lead Partners were identified by the planning teams based on their organization's mission and/ or skill set. Planning teams have also identified potential Support Partners, organizations that could materially contribute to implementation via resources or insights. Lead partners are responsible for coordinating and facilitating implementation of adopted initiatives. In some cases, the lead partner will 46 provide the majority of resources, while in others they may simply spearhead the identification and coordination of implementation resources. Lead Partners are responsible for coordinating with identified support partners, or other partners as they are identified. Partner Coordination Meetings Alliance partners will be invited to attend quarterly update and coordination meetings. Meetings will be structured to promote information sharing, barrier -busting and, periodically, to structure action plan updates or review potential modifications. Additional coordination will occur among the public and private sector, between economic development practitioners and across partner initiatives as detailed in the Alliance action plan. Partner Reporting Lead Partners will be surveyed annually regarding initiative progress. Specifically,they will be asked to: • Confi rm implementation status for their initiatives (not started, underway, implemented) • Share highlights and outcomes that can be passed along to the broader community • Identify barriers or challenges that could require initiative modification or Alliance assistance • Acknowledge other partners that have contributed to success Surveys will be distributed in late summerwith the goal of producing a progress report each fall. In some instances, Thurston EDC staff or consultants will follow up with individual partners to secure photos and other information to develop highlight narratives. Annual Progress Report and Partner Celebration The Thurston Economic Development Council (EDC)will assume responsibility for developing an overall Annual Progress Report for dissemination to all partner and the broader community. The annual report will include an overall implementation status summary, data indicators progress report and partner highlights from each of the five plan focus areas. The annual report will be posted on the EDC website, with e -links provided to Alliance partners along with a I i mited set of print copies. The annual report will be presented in conjunction with an annual Community Partner Celebration. The EDC will manage logistics, but will invite various partners to participate in presentations and other features. Strategic Initiatives Fund As part of the action plan, the EDC has been tasked with managing a new Strategic Initiatives Fund. The purpose of the fund is to support economic development activities and investments not currently feasible under the existing EDC funding model. This includes participation in trade shows and association meetings for recruitment purposes, development of materials in support of infrastructure funding applications and other actions directly related to adopted Alliance initiatives. The EDC is responsible for generating and administering SlFfunding. As currently envisioned, the EDC intends to form an SI F subcommittee comprised of members from its Board of Directors and representing other Alliance partner entities. The SI F subcommittee will establish criteria for evaluating projects and recommend investments for full Board approval. Suggestions will also be requested during quarterly Alliance Partner Coordination meetings. Outcomes and impacts from SI F investments will be included in the Annual Progress Report. Periodic Updates The TCEA Strategic Plan for Economic Development is designed as a living document. While the vision and focus areas are long-term, the action plan will be updated on five year intervals. This allows us to adapt to evolving community priorities, take advantage of new technologies and techniques and integrate new voices and partners as our demographics shift overtime. Updateswill include significant partner engagement, a broader public involvement and prioritization process and a "state of the plan" review. If any of the original initiatives have not been launched by the start of the 5 -year update, they will be transferred to the "idea bank' for additional vetting by the community along with the other ideas proposed at that time. If necessary, amendments to this implementation oversight structure will be incorporated into the update plan, as will the names of new partners and, potentially, any new focus areas. M (-I K I° OWL .IfE IfD )" II I IE N _.l -S The Thurston Community Economic Alliance would like to thank the following community members for their participation in the creation of the strategic plan. The individuals listed herein dedicated dozens of hours of their time over the course of several months to hel p craft the vision and mission of the TCEA, providing individual and group input into the goals, strategies, initiatives, timing and the elements of the implementation plan. Andrew Barkis Joseph Beaulieu Thurston EDC Board Andy Ryder Joshua Cummings Perry Shea Bill McGregor Kevin Ekar Carrie Whisler Bob lyall Kim Fry Kevin Ekar Brent Butler KirkVeis Michael McGauly Bryan McConaughy Lon Wyrick Reid Bates Bud Blake Lori Drummond Bud Blake Cathy Wolfe Michael McGauly Heather Burgess Cheryl Selby Mike Mason Virgil Clarkson Chris Richardson Mike Mattox Ann Freeman- Cindy Huntley Mike Reid Manzanares David Schaffert Michael Steadman Brian Fluetsch Dick Cvitanich Mike Strub Jessica Jensen Don Melnick Mike Williams Wayne Mannie Dr. Angela Bowen Norma Schuiteman Denise Marroni Dusty Demarest Pat Rants Mike Mattox Ed Galligan Patty Bel monte Jace Munson EJ Zita Paul Knox Bill McGregor Evette Temple Pete Kmet Tom Oliva George Bridges Renee Sunde Evan Parker George Smith Rick Walk Rob Rice Graeme Sackrison Rob Rice Cheryl Selby Grant Beck RodneyYouckton Dr. Molly Smith Heidi Behrends- Ron Harding Tad Stillwell Cerniwey Sandra Miller Dr. Tim Stokes Jim Geist Sandra Romero Jim Greene Scott Spence Professional Assistance Jim Haley Sean Murphy Jason Robertson, Jim Larson Shauna Stewart J Robertson and Company Jim Morris Sierra Burton Joe Downing Steve Hall John Bash Ted Jernigan John Doan Theresa Wall John Hurley Tim Lew John Setterstrom Vita Zvirsydyz-Farler John Weidenfeller Zach Kosturos Jon Jones M /\I If ' II C_. II IIS II.11II A -M 1 II V IE S IM A!"IR On the following pages is a comprehensive matrix of the current initiatives within each of the five identified focus areas. The initiatives were identified and developed during the three Community Leader Summits, and are designed to be actionable and trackable. As initiatives are completed, new initiatives will be added to the I ist. *Important Note: Individual governmental jurisdictions will develop and implement their own retail development and retention strategies with support from the Thurston EDC where fair and appropriate. 50 N N CN ,,,,,,,,,,,,,,,,,,,,,,,,,, ...., ...., ...., ...., ...., ...., .... CN ONCIO T T T T c � r N � i N ...., ...., ...., ...., .... 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