Kathy Hendrick
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Leveraging Resources

Leveraging Resources

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    Kathy Hendrick Kathy Hendrick Presentation Transcript

    • Kathy Hendrick, CEcD Southeastern Center for Regional Economic Development
    • Regionalism Success through collaboration, not competition NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Need: 17 Rural counties with limited medical resources Answer: Regionalism NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Need: Tourism opportunities Answer: Regionalism NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • The longer stay in a region, the more money spent in the region. NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Regionalism: Where to Begin? WHO? WHAT? WHERE? WHY? HOW? NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Regionalism: The Beginning • What? Need • Who? Bring something to the table • Why? Common/Similar Goals • How? Collaborate/No Turf • Where? Future/Sustainability NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Atmosphere of Regionalism • Grassroots • Collaboration • Rural vs. Urban • Trust/No Hidden Agendas • Leadership • Action • “Wins” aka Success Stories NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Regionalism Surrounding Towns
    • NEED: Qualified Workforce Shortage Answer: Regionalism NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Love Bryan TRC: The Beginning Cooke Grayson Fannin • Forging the Red River • More than Football Rivalry • Regionalism NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • TEXOMA REGIONAL CONSORTIUM 0 30 Miles (TRC) Texoma Region Counti Garvin Pontotoc Coal Murray 0 Johnston Atoka Carter M Marshall Love Bryan Cooke Grayson Fannin
    • Developing Your Group • Current/Renew/Develop relationships • People and/or Organizations • Meet with small groups • Roundtables • Brainstorm • Resources • Goals and Objectives • Plan NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Texoma Counties, Sub-regions and Population (2008) I-35 Corridor Sub-region Pauls Valley Ada US 75 Corridor Sub-region Garvin Pontotoc (36,999) Coal Region’s population (27,247) (5,721) increased by ~4,000 Murray Atoka since 2004 (12,784) Johnston (14,655) (10,286) Atoka 0 30 Ardmore Tishomingo Miles Carter (47,979) Marshall Pontotoc and Bryan (14,919) Bryan Counties increased over Love (40,109) (9,155) Madill 1,500 since 2004 Durant Denison Gainesville Sherman Bonham Cooke Grayson (38,407) Fannin (118,804) (33,229) Total Texoma Population 410,294 Source: US Census Bureau
    • Oklahoma Co. 526,744 Employment in the Texoma Region, 2009 Cleveland Co. Largest employment concentration in 109,853 Grayson County, with significant employment also in Carter, Cooke, Bryan, and Pontotoc Counties 50 Shows employment 25 concentration by 10 county Thousands of Workers Grayson Co. 58,441 Denton Co. Collin Co. 237,239 439,937 Tarrant Co. Dallas Co. 1,016,916 1,858,749 0 30 Miles Source: Economic Modeling Specialists, Inc. 3rd Qtr. 2009
    • Industry Overview (2-digit NAICS) Compares earnings, regional $70,000 concentration (LQ), and Red: Negative avg. annual growth since 2006 Yellow: 0-3% avg. annual growth since 2006 employment Utilities 1,015 Green: >3% avg. annual growth since 2006 Manufacturing $60,000 Mfg. employment declining, but still 17,593 has large employment and offers high average earnings Government 38,531 Wholesale trade 7,624 Transportation and $50,000 warehousing 7,591 Average Earnings 2009 Information Finance and insurance 2,032 8,552 Healthcare $40,000 growing and Professional and technical offers moderately services good earnings 7,140 Construction Health care and social 14,660 assistance $30,000 Management of companies 24,277 and enterprises Administrative and waste 981 services Retail trade 9,896 24,638 Educational services Real estate and rental and $20,000 1,678 leasing Other services, except public 7,039 administration Arts, entertainment, and 12,249 recreation Accommodation and food 2,491 services $10,000 13,854 0.20 0.40 0.60 0.80 1.00 1.20 1.40 LQ 2009 Source: Economic Modeling Specialists, Inc.
    • Love Bryan Motivation Cooke Grayson Fannin • Share workers within two state region • Migration • Brain Drain • 2+2 Agreement with Higher Education • Lowest Unemployment in 25 years • Texoma Workforce Regional Planning Grant NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Identifying Partners Cooke Grayson Fannin Texoma Workforce Development Area Southern Oklahoma Workforce Investment Area Economic Development Entities in all 13 counties Post-Secondary Education Entities in in Southern Oklahoma & Northern Texas Native American Nations Department of Commerce NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Partners
    • Love Bryan Goals Cooke Grayson Fannin • Develop Regional Partnerships • Increase Communication Between Partners and the Region • Regional List of Targeted Industry Clusters • Skills Gap Analysis and Address Issues • Increase Coordination of Secondary & Post- Secondary Education with Employers • Develop and Complete Strategic Plan NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Love Bryan Momentum Cooke Grayson Fannin • Creation of Regional Consortium • Developed Regional Workforce and Economic Development Plan • Cohesive Vision for the Region • Bi-Annual Regional Economic Summits • Quarterly Cluster Meetings • Over $1.36 million has been leveraged into TRC since 2005 NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Bryan Leveraging Resources-Dollars Cooke Grayson Fannin Texoma Regional Consortium (TRC) Texoma Workforce Regional Planning Grant $ 200,000 Oklahoma Department of Commerce/Durant Industrial Authority $ 20,000 Sherman (TX) Economic Development Council $ 10,858 Denison (TX) Development Authority $ 7,048 Gainesville (TX) Economic Development Council $ 4,809 Bonham (TX) Economic Development Authority $ 3,092 North Central Texas College (Gainesville, TX) $ 1,000 Grayson County College (Sherman, TX) $ 2,000 TOTAL TRC $ 398,807 SOSU via funding Economic Development Administration University Center Grant $ 296,250 SOSU via funding from OSRHE $ 150,000 Business Services Team Grant $ 100,000 Big Five Community Action Agency via funding from OK WIRED Grant $ 176,900 Texoma Workforce Development via funding from Wagner Peyser 7B Grant $ 139,518 Regional Innovation Grant-Southern Workforce Board $ 250,000 TOTAL Leveraged Dollars $ 1,361,475
    • Need: Transportation Answer: Regionalism NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Regionalism: The Beginning • What? Need • Who? Bring something to the table • Why? Common/Similar Goals • How? Collaborate/No Turf • Where? Future NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Regionalism Regional Attributes Current Desired State State by 2012 1. Quality of labor force 2. Affordability of tax climate 3. Downtown 4. Availability of real estate options 5. Access to physical infrastructure 6. Quality of educational entities 7. Availability of quality of life amenities 8. Diversity of economic base 9. Affordability of living in the community NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Regionalism Regional Measures Current Desired State Metric by 2012 1. Retain/Expand Good Paying Jobs 2. Expand the Tax Base 3. Attract Visitors 4. Support for Philanthropic and Volunteer Efforts 5. Enhance Quality of Life (e.g., health metrics) 6. Improve K-20 Education (e.g., graduation rates) 7. Diversify the Economic Base (e.g., higher median income or job mix) 8. Improve the community (e.g., by neighborhood districts) NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • Regional Group Dynamics • Type of Group • Loose or Structured Organization • Sustainability • Leadership • Resources/Funding • Work in Progress NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • If you’re not failing every now and again, it’s a sign you’re not doing anything very innovative. ~ Woody Allen NTM 2010 | Regionalism | Kathy Hendrick, CEcD
    • KATHY HENDRICK, CECD CENTER FOR REGIONAL ECONOMIC DEVELOPMENT SOUTHEASTERN OKLAHOMA STATE UNIVERSITY 580-745-2046 KHENDRICK@SE.EDU