Community Benefit Report Buckeye_FY26.pdf
Extracted text (via pymupdf)
4279 characters
in new consumer spending generated by new Buckeye jobs and employed Buckeye residents. $376.2M $66.6M in new Buckeye direct revenues 3,779 new jobs for Buckeye residents from region-wide locates FY26 FY25 5-Year Total Payroll Generated ($M) $351.98 $572.02 $2,633.0 Jobs 5,507 7,206 38,734 Hi-Wage Jobs 1,952 4,983 20,689 Average Salary $63,915 $79,381 $67,977 Qualified Prospects 208 264 1,250 Assisted Locates 32 54 227 Capital Investment ($M) $1,920.97 $7,208.72 $45,035.5 City of Buckeye Community Benefits Report Revenue Return Funding Request for FY27 Funding Request for FY26 AZ Office of Economic Opportunity 2025 Population AZ Office of Economic Opportunity 2024 Population (5-Yr Trend) 262:1 $55,507 $58,430 Buckeye Locates: Buckeye Investment Results Through Regional Success Footnotes Return on Investment 1 Includes property, sales and utility taxes, as well as state-shared and other local revenues. Estimates are from the Greater Phoenix Consensus Impact Model. In 1999, GPEC and our members developed the region’s first-ever consensus-based revenue and economic impact model. Based on nationally accepted multiplier data provided by IMPLAN, the model is customized to calculate economic and revenue benefits for GPEC’s members and the State of Arizona. 2 GPEC Assists includes company expansions and relocations that receive GPEC assistance but may not meet the guidelines to be considered a GPEC locate. $262 of direct revenue for every $1 invested 1 GPEC has assisted 227 locates in Greater Phoenix in the last five years, including 7 in Buckeye, creating 2,070 jobs and $602.06M in capital investment. Buckeye has also had 1 GPEC Assist in the last five years. 2 Engagement Opportunity Buckeye Involvement Executive Committee Will Rehrig GPEC Board of Directors Mayor Eric Orsborn Will Rehrig Economic Development Directors Team (EDDT) Suzanne Boyles Harry Paxton David Roderique Kelly Halsted The Greater Phoenix Economic Council (GPEC), globally recognized as a top economic development organization (EDO), works to attract and grow quality businesses and advocate for the competitiveness of Greater Phoenix. A data-driven regional EDO, GPEC works with 22 member communities, Maricopa and Pinal counties, and more than 200 private investors to accomplish its mission and serve as a strategic partner to companies across the world as they expand or relocate to Greater Phoenix. 35 etracks submitted Buckeye has the opportunity to Participate in presentations to delegations/site selectors Attend conferences/sales missions with GPEC Attended 4 Ambassador events 2 research requests fulfilled Leadership is critical to ensuring the success of your community, GPEC and the region’s economic vitality. GPEC offers Buckeye access to the following unique tools and expertise: Comprehensive demographic, labor, and targeted industry information Moody’s Real Estate database MetroComp operating cost-comparison software for 50 markets Greater Phoenix Consensus Impact Model Analysis Workforce and Talent scorecards Venture Capital funding alerts Business scoops to assist in community BRE outreach Customized research requests Webpage on GPEC’s site linking to economic tools on Buckeye’s website Community spotlights in GPEC’s newsletters and social media Access to the Ambassador program which provides networking and learning opportunities Support for community initiatives About GPEC FY26 Community Partnership Community Leadership Competitive Intelligence GPEC FY26-28 Strategic Plan 3K 130 77 14 Companies reached through marketing automation Total engagement on posts Etracks sent Community social media posts Greater Phoenix will be the leading market for driving high-value investments and growth for local, national and international businesses while eyeing future industries that enable all residents to benefit and prosper. The FY26-28 strategic plan will drive to that outcome through three overarching goals: Build an internationally recognizable regional brand Drive regional progress through strategic, future- focused infrastructure, policy and investment Leverage organizational networks to deepen key relationships, expand our reach, sharpen our value proposition and strengthen long-term sustainability in Greater Phoenix