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2011 State of the Community Reports Part 2
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2011 State of the Community Reports Part 2

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    2011 State of the Community Reports Part 2 2011 State of the Community Reports Part 2 Presentation Transcript

    • State of the Community Luncheon February 4, 2011 Odawa Casino Resort Ovation Hall Sponsored by
    • State of Emmet County
      • James E. Tamlyn
      • Chairman,
      • Emmet County
      • Board of Commissioners
    • Emmet County State of the County James E. Tamlyn Chairman Emmet County Board of Commissioners
    • Harbor Springs Sunrise, Crooked Lake
    • The Headlands Eclipse Event Dec. 21, 2010 Photo courtesy of Robert de Jonge
    • The Headlands (Photo courtesy of Robert de Jonge)
    • Camp Pet-O-Se-Ga
    • Toys for Tots donation
    • Shoreline at the Headlands
    • CCE/9-1-1 Dispatch Center in Petoskey
    • CCE/9-1-1 Dispatch Center
    • Jim Linderman Students at McGulpin Point Lighthouse
    • Spring at Petosega
    • Cedar Creek, Camp Pet-O-Se-Ga
    • Memorial Day, Petoskey
    • Petoskey High School Marching Band
    • Emmet County K-9 Unit, Officer Poumade & Zoom
    • Beach at Petosega, on Pickerel Lake
    • McGulpin Point Lighthouse Mackinaw City
    • Bay Harbor Marina
    • Harbor Springs
    • Concerts in the Park, Petoskey
    • Sunset at Pellston Regional Airport
    • Waugoshance Point Lighthouse
    • Emmet County Fair
    • Pellston Regional Airport
    • Pickerel Lake at Petosega
    • Foggy morning, Petosega
    • Five miles of trails at the Headlands
    • Community Building at the Fairgrounds
    • Geocache Event, Petosega
    • Veterans Day, Petoskey
    • The ‘Big Rock’ at McGulpin Point
    • McGulpin Point Lighthouse
    • Resort Township
    • Cecil Bay beach
    • Promotional materials County promotional materials
    • Headlands Challenge Oct. 30, 2010
    • Public Schools of Petoskey named Recycler of the Year 2010
    • Pellston Regional Airport
    • Resort Township
    • Biking the Tunnel of Trees, M-119
    • State of the Local Economy
      • Carlin Smith
      • President,
      • Petoskey Regional
      • Chamber of Commerce
    • State of the Local Economy 2011 Carlin Smith Petoskey Regional Chamber of Commerce
    • Chamber Survey—Fall 2010
      • Mostly Small Businesses
        • 75% of respondents had 15-employees or less
        • 53% of respondents had gross revenues less than $500,000
        • But 20% had gross revenues between $1 million and $5 million
    • Survey—Business Stability
      • 60% of respondents have had their business located in Emmet Co. for 11-years or more.
      • 28% for 26-years or more
      • 15% for 51-years or more
      • 60% have been under current ownership for 11-years or more
    • Survey—Gross Revenue
      • Past three years
        • 41% say revenue increased
        • 21% said revenue held steady
        • 38% said revenue decreased
      • Next three years
        • 66% say revenue will increase
        • 29% say revenue will hold steady
        • 5% say revenue will decrease
    • Survey—Number of Employees
      • Past Three Years
        • 23% said number of employees increased
        • 51% said number of employees held steady
        • 26% said number of employees decreased
      • Next Three Years
        • 31% said employee # will increase
        • 65% said employee # will hold steady
        • 4% said employee # will decrease
    • Survey—Greatest challenges, Past three years/Next three years
      • 79% / 77% General Economy
      • 43% / 46% Health Insurance
      • 29% / 32% Marketing Your Business
      • 28% / 28% State Taxes
      • 24% / 33% Federal Taxes
      • 21% / 25% Tourism Activity
      • 21% / 15% Technology Services
      • 18% / 18% Local Taxes
      • 18% / 21% Availability of a Qualified Workforce
    • Survey—Greatest Challenges, Written Response
      • Health Care Reform!
      Health Care Task Force Forum to be held April 28th at NCMC
    • What’s Different?
      • Sweeping Political Changes
      • Both at Federal and State Levels
      • “We now have a Governor that understands the business sector.”
      • Changes in tax structure? MBT?
      • “Jobs are Job 1”
    • Jobs are the key… Unemployment Rates 11.7% 14.3% State of Mich. 13.0% 16.2% NW Michigan 15.8% 18.6% Emmet County Dec. 2010 Dec. 2009
    • After Jobs, then…
      • …Real Estate
      • Still a struggling economic sector here
      • Some stabilizing in property values
      • And home sales were up a bit
      • But foreclosures increased again in 2010
      • And Commercial Real Estate is still slow to move
    • After Jobs and Real Estate, then…
      • …Building and Trades
      • Still very little activity in residential construction
      • Only 18-lots were sold in Emmet County last year, 14 of those in Bay Harbor
      • Jobs to Real Estate to Building/Trades will not happen quickly
    • Local Economic Strengths--Tourism
      • Tourism was pretty good in 2010
      • Noticeable improvement over 2009
      • Hoping for passage of $25.4 million for Pure Michigan funding
      • And we hope that will include winter tourism promotion next year
      • Begin to attract kayakers to the new Bear River Recreation Area
    • Local Economic Strengths--Resortism
      • Bay Harbor
        • First-class events in 2010, particularly the Antique and Classic Boat Show
        • Environmental Clean-up moving toward a conclusion
      • Bay View
        • Renovation of John Hall Auditorium
        • 2010 was 135 th Season
    • Local Economic Strengths—Health Care
      • Some tough decisions in late 2010
      • Careful consideration of a future affiliation
      • John & Marnie Demmer Wellness Pavilion and Dialysis Center
    • Other New Investments
      • John & Marnie Demmer Wellness Pavilion and Dialysis Center
      • Pellston Regional Airport Snow Removal/Airport Rescue Facility
      • Kilwin’s Manufacturing Facility
      • Bear River Recreation Area
      • Harbor Springs Airport
    • Other New Investments
      • Emmet County Recycling Materials Recovery Facility
      • Petoskey Surgeon’s Medical Office
      • 14-new Businesses opened in Downtown Petoskey
        • Twisted Olive
        • Palette Bistro
    • Other New Investments
      • Chamber Ambassadors hosted 73-Ribbon Cuttings in 2010!
    • Chamber’s Role
      • Encourage purchasing from local businesses
      • Help break down barriers for entrepreneurs
      • Advocate for better tax structure
      • Advocate for ease in regulatory burdens for businesses
    • Chamber’s Role
      • Educate and advocate regarding health care reform and health insurance rates
      • Advocate for better air service
      • Advocate for Pure Michigan funding
      • Assist businesses with marketing skills and networking opportunities
      • Promote Petoskey and care for those who visit
    • Chamber’s Role
      • Bottom line…
      • …stick to our mission of helping area businesses succeed.