COMPARATIVE INDICATORS TO OTHER HAMPTON ROADS CITIES David Bradley July 14, 2017
EXPENDITURES BY CATEGORY - FY 2015-16 ALL FUNDS 100.0% 8.1% 4.1% 7.2% 9.2% 5.8% 8.6% 6.9% 80.0% 60.0% 45.0% 49.1% 36.1% 40.8% 39.1% 39.8% 38.6% 40.0% 20.0% 0.0% 13.3% 17.8% 17.2% Virginia Beach Source: Virginia Auditor of Public Accounts 20.4% 17.3% 17.5% 17.9% Chesapeake Norfolk Portsmouth Hampton Newport News Debt Service Community Development Education Public Works General Government Administration Suffolk Enterprise Activities Parks, Recreation, and Cultural Health and Welfare Public Safety and Judicial Administration 2
LOCAL REVENUE BY TYPE FY 2015-16 100% 14.7% 11.0% 14.3% 14.9% 19.8% 14.3% 15.6% 80% 60% 9.0% 10.8% 10.3% 11.8% 9.4% 16.0% 10.4% 40% 20% 52.0% 50.2% 47.5% 51.1% 48.2% 45.4% 52.4% 0% Virginia Beach Chesapeake Norfolk Portsmouth Hampton Newport News Suffolk Real Estate Taxes Other Local Taxes Meals Tax Local Sales and Use Tax Miscellaneous Revenue Source: Virginia Auditor of Public Accounts Personal and Business Property Taxes BPOL Consumer Utility Taxes Revenue from the Use of Money and Property Charges for Service 3
COMPARISON OF MAJOR LOCAL TAXES AND FEES
REAL ESTATE TAX RATE PER $100 OF ASSESSED VALUE $1.40 $1.20 $1.00 $1.0025 $1.05 $1.15 $1.30 $1.07 $1.24 $1.22 $0.80 $0.60 $0.40 $0.20 $- Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Budget and Management Services 5
PERSONAL PROPERTY TAX RATE VEHICLES AND BUSINESS $6.00 $5.00 $4.00 $3.00 $2.00 $4.00 $4.08 $4.33 $5.00 $4.25 $4.50 $4.50 $1.00 $- Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Budget and Management Services 6
HOTEL TAX RATE 10.0% 8.0% 8.0% 8.0% 8.0% 8.0% 8.0% 8.0% 8.0% 6.0% 4.0% 2.0% 0.0% Virginia Beach Source: Budget and Management Services Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News 7
MEAL TAX RATE 8.0% 7.5% 7.5% 7.0% 6.5% 6.5% 6.5% 6.0% 5.5% 5.5% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Budget and Management Services 8
ADMISSIONS TAX 12.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Budget and Management Services 9
AUTOMOBILE LICENSE FEE VEHICLES UNDER 4,000 POUNDS $40.00 $35.00 $30.00 $25.00 $20.00 $15.00 $10.00 $30.00 $23.00 $31.00 $32.00 $26.00 $35.00 $26.00 $5.00 $- Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Budget and Management Services 10
CIGARETTE TAX RATE PER PACK $1.00 $0.80 $0.60 $0.40 $0.75 $0.85 $0.90 $0.75 $0.85 $0.85 $0.20 $0.50 $- Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Budget and Management Services 11
RESIDENTIAL STORM WATER MONTHLY RATE PER ERU $16.00 $14.00 $13.93 $0.76 $12.40 $11.60 $12.00 $0.27 $10.50 $0.35 $10.00 $1.25 $8.00 $6.00 $4.00 $2.00 $13.17 $7.35 $12.13 $9.25 $6.00 $7.83 $11.25 $- Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Budget and Management Services 12
MONTHLY WATER & SEWER BILL ASSUMING 6,000 GALLONS CONSUMED $140 $131.64 $120 $3.30 $100 $86.80 $80 $60 $4.08 $72.76 $2.66 $58.40 $2.57 $128.34 $54.06 $1.00 $68.62 $1.50 $40 $20 $61.68 $82.72 $70.10 $55.83 $53.06 $67.12 $- Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Beach Public Utilities Department 13
TRASH COLLECTION FEE MONTHLY $40.00 $35.00 $30.00 $26.43 $25.00 $20.00 $15.00 $10.00 $5.00 $23.00 $28.01 $33.36 $19.50 $16.50 $25.48 $30.55 $- Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Budget and Management Services 14
COMPARISON OF FY 2017-18 TAX IMPACT Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Real Estate Tax $2,428.23 $2,487.45 $2,724.35 $3,079.70 $2,534.83 $2,937.56 $2,890.18 Personal Property Tax 325.47 318.81 330.99 399.19 360.97 359.28 366.92 Electricity Utility 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 Va Telecommunications Tax 76.32 76.32 76.32 76.32 76.32 76.32 76.32 Water Utility Tax 36.00 None 67.50 84.00 None None None Restaurant Tax 140.86 140.86 166.47 166.47 166.47 192.08 192.08 Admissions Tax 15.10 17.98 17.98 17.98 17.98 17.98 17.98 Vehicle License Decal 60.00 46.00 62.00 64.00 52.00 70.00 52.00 Stormwater Utility Fee 167.16 88.20 148.80 126.00 72.00 93.96 139.20 Residential Refuse Fee 276.00 None 336.12 361.92 234.00 317.16 366.60 Water & Sewer 740.16 1,041.60 873.12 700.80 1,579.68 648.72 823.44 Total Tax Impact $4,337.29 $4,284.77 $4,866.64 $5,153.18 $5,166.24 $4,777.85 $4,979.79 Difference $0.00 -$52.52 $529.35 $815.89 $828.96 $440.56 $642.50 Note: This comparison is based on a family of four and the median home value ($236,900) in Virginia Beach for FY 2017-18. Source: Budget and Management Services and Real Estate Assessor s Report 15
ECONOMIC VITALITY
Millions TAXABLE SALES $6,000 $5,530 $5,000 $4,000 $3,000 $2,000 $1,000 $0 2010 2011 2012 2013 2014 2015 2016 Calendar Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Department of Taxation 17
TAXABLE SALES PER CAPITA $16,000 $14,000 $12,000 $12,192 $10,000 $8,000 $6,000 $4,000 $2,000 $- 2010 2011 2012 2013 2014 2015 2016 Calendar Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Weldon Cooper Center 18
MEDIAN HOUSEHOLD INCOME $75,000 $70,000 $65,000 $66,634 $60,000 $55,000 $50,000 $45,000 $40,000 $35,000 $30,000 2009 2010 2011 2012 2013 2014 2015 Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: US Census Bureau American Community Survey 19
PER CAPITA INCOME $55,000 $52,235 $45,000 $35,000 $25,000 2010 2011 2012 2013 2014 2015 Calendar Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: US Department of Commerce Bureau of Economic Analysis 20
COMPARISON OF UNEMPLOYMENT RATES - NOVEMBER 7.0% 6.0% 5.0% 4.0% 3.8% 4.0% 4.8% 5.6% 4.3% 5.3% 4.8% 3.0% 2.0% 1.0% 0.0% Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport 2015 2016 News Source: U.S. Bureau of Labor Statistics - Local Area Unemployment Statistics Database 21
QUALITY EDUCATION AND LIFELONG LEARNING
SCHOOL OPERATING EXPENDITURES PER PUPIL LOCALLY FUNDED $6,000.00 $5,000.00 $5,450 $4,000.00 $3,000.00 $2,000.00 $1,000.00 $- 2009 2010 2011 2012 2013 2014 2015 2016 Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Department of Education Superintendent's Annual Report 23
SCHOOL OPERATING EXPENDITURES CITY CONTRIBUTION AS A PERCENT OF TOTAL 55.0% 45.0% 48.7% 35.0% 25.0% 15.0% 2010 2011 2012 2013 2014 2015 2016 Fiscal Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Department of Education Superintendent's Annual Report 24
EDUCATIONAL ATTAINMENT RESIDENTS AGE 25 OR OLDER - 2015 35.0% 32.8% 31.7% 30.0% 26.6% 27.7% 25.0% 23.6% 24.8% 24.6% 20.0% 15.0% 10.0% 11.1% 11.8% 10.8% 8.4% 11.4% 8.3% 9.1% 5.0% 0.0% Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Undergraduate Degree Graduate or Professional Degree Source: US Census Bureau, American Community Survey 25
HIGH SCHOOL GRADUATION RATES 95.0% 90.0% 93.4% 92.1% 91.3% 90.7% 89.0% 87.0% 85.0% 84.9% 80.0% 75.0% 70.0% Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News 2015 2016 School Year Source: Virginia Department of Education 26
SAFE COMMUNITY
PUBLIC SAFETY EXPENDITURES PER CAPITA $1,000 $900 $800 $700 $600 $500 $501.98 $400 $300 2010 2011 2012 2013 2014 2015 2016 Fiscal Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Auditor of Public Accounts 28
PROPERTY CRIME RATE PER 1,000 RESIDENTS 60.0 57.0 50.0 40.0 30.0 20.0 21.9 25.7 38.9 23.6 34.1 31.2 10.0 0.0 Virginia Beach Source: Virginia State Police, Crime in Virginia Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News 2015 2016 29
VIOLENT CRIME RATE 9.0 8.0 7.8 7.0 6.0 6.5 5.0 4.0 3.0 4.0 2.6 3.2 4.6 2.0 1.0 0.0 1.4 Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport 2015 2016 News Source: Virginia State Police, Crime in Virginia 30
QUALITY PHYSICAL ENVIRONMENT
PUBLIC WORKS EXPENDITURES PER CAPITA $450 $400 $350 $300 $250 $252.80 $200 $150 $100 $50 $0 2010 2011 2012 2013 2014 2015 2016 Fiscal Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Auditor of Public Accounts 32
PERCENT OF WASTE STREAM RECYCLED 60% 50% 48% 40% 35% 30% 20% 16% 14% 17% 10% 0% Virginia Beach Chesapeake Norfolk Suffolk Portsmouth Source: Hampton Roads Planning District Commission 2014 2015 33
FAMILY AND YOUTH OPPORTUNITIES
HEALTH AND WELFARE EXPENDITURES PER CAPITA $600 $500 $400 $300 $275.10 $200 $100 $0 2010 2011 2012 2013 2014 2015 2016 Fiscal Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Auditor of Public Accounts 35
POVERTY RATE INDIVIDUALS 25.0% 20.0% 21.0% 18.2% 15.0% 15.3% 15.7% 10.0% 8.3% 9.7% 11.5% 5.0% 0.0% Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News 2014 2015 Source: Census Bureau - American Community Survey 36
PERCENT OF RESIDENTS RECEIVING SNAP BENEFITS 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% 7.2% 2010 2011 2012 2013 2014 2015 2016 Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Department of Social Service, US Census Bureau, Weldon Cooper Center 37
STUDENTS ELIGIBLE TO RECEIVE FREE OR REDUCED PRICE LUNCH Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News 80% 70% 60% 50% 40% 30% 37% 20% 10% 0% 2011 2012 2013 2014 2015 2016 2017 SCHOOL YEAR Source: Virginia Department of Education 38
CULTURAL AND RECREATIONAL OPPORTUNITIES
PARKS, RECREATION, AND CULTURAL EXPENDITURES PER CAPITA $300 $250 $200 $150 $161.67 $100 $50 $0 2010 2011 2012 2013 2014 2015 2016 Fiscal Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Auditor of Public Accounts 40
QUALITY ORGANIZATION
TOTAL OPERATING EXPENDITURES PER CAPITA EXCLUDES ENTERPRISE ACTIVITIES, DEBT AND CAPITAL $4,000 $3,700 $3,400 $3,100 $3,210 $2,800 $2,500 2010 2011 2012 2013 2014 2015 2016 Fiscal Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Auditor of Public Accounts 42
TOTAL EXPENDITURES PER CAPITA INCLUDES OPERATIONS, CAPITAL, DEBT, AND ENTERPRISE ACTIVITIES $6,000 $5,000 $4,000 $4,357 $3,000 $2,000 2010 2011 2012 2013 2014 2015 2016 Fiscal Year Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Source: Virginia Auditor of Public Accounts 43
BOND RATING 2016 Virginia Beach Chesapeake Norfolk Portsmouth Suffolk Hampton Newport News Standard & Poor's AAA AAA AA+ AA AAA AA+ AA+ Moody's Aaa Aa1 Aa2 Aa2 Aa1 Aa1 Aa1 Fitch AAA AAA AA+ AA AAA AA+ Data N/A Source: Each City s 2016 CAFR 44
CITIZEN SURVEY DECEMBER 2015 94.0% are satisfied with City services overall 91.7% are satisfied with the appearance of the City 96.0% believe Virginia Beach is a good place to live 94.0% believe Virginia Beach is a safe place to live 45