2016 10 31 MARICOPA COUNTY BOS PRESENTATION.PDF

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Chris Camacho, President & CEO | Maricopa County | October 31, 2016

GREATER PHOENIX 2
About the Greater Phoenix Economic Council (GPEC)
Our mission is to attract and grow quality businesses and advocate for Greater Phoenix's competitiveness.
We are supported by Maricopa County, 23 cities and towns, and more than 170 private-sector investors.
GPEC has assisted more GPEC has helped bring in GPEC has brought
than 670 businesses as more than $12.3 billion in 115,000+ jobs to the
they relocate and expand capital investment since its region over the past 27
to the region. inception in 1989. years.

INVESTING IN GPEC
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Maricopa County
REGIONAL RESULTS SUMMARY RESULTS THROUGH REGIONAL SUCCESS
5 YEAR
FY 16 FY 15 TOTAL Maricopa County benefits When a company
from site location projects selects a Greater
Payroll Generated
$397.9 $332.3 $1,393.8 and GPEC activities that Phoenix location, all
(in millions of dollars)
occur across the region. communities benefit
Jobs 7,703 6,281 29,328 Economic development with increased tax
projects create value by revenues.
High-wage Jobs 3,048 3,303 11,395 generating public and
private revenues.
Average Salary $51,656 $52,908 $47,524
Qualified Prospects 255 259 1,146
Commute patterns and GPEC-assisted
Earned Media Reach retail studies show that locates have created
(in millions of views) 476.3 911.9 3,617.9 employees of ‘locates’ 47,538 jobs region-
live and spend their wide3 for Maricopa
Assisted Locates 43 32 174 incomes in all Greater County residents over
Phoenix communities. the past 5 years.
Capital Investment
$389.4 $874.1 $2,675.5
(in millions of dollars)
1Includes 2Includes direct property, revenues sales and plus utility those taxes, generated as well by as related state-shared supplier and and other consumer local revenues. jobs.
3Includes supplier and jobs consumer filled by Maricopa spending. County Revenue residents estimates at GPEC-assisted are from the Greater locates Phoenix and jobs Consensus created by Impact the multiplier Model. In effects 1999, of
GPEC on nationally and our accepted members multiplier developed data the provided region’s by first-ever IMPLAN, consensus-based the model is customized revenue to and calculate economic economic impact and model. revenue Based
benefits for GPEC’s members and the State of Arizona.

INVESTING IN GPEC
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Five-Year Trend on Revenue Return
$28 $40
of direct revenue for every of total revenue for every
$1 invested¹ $1 invested²
REVENUE
RETURN
28:1
$2.4B $84.9M
in new consumer spending³ in new Maricopa County direct
generated by new Maricopa revenues³ (boosted to $119.4 million
County jobs and employed when including related multiplier
Maricopa County residents. An Current Funding in FY16: effects of $34.5million).
addition of $1.5 billion created by $573,675
multiplier effects, results in total (ADOA 2014 Population)
consumer spending of $3.9 billion.
*1Includes 2Includes direct property, revenues sales plus and utility those taxes, generated as well by as related state-shared supplier and and other consumer local jobs. revenues.
3Revenue developed estimates the region’s are first-ever from the consensus-based Greater Phoenix Consensus revenue and Impact economic Model. impact In 1999, model. GPEC Based and on our nationally members
accepted for GPEC’s multiplier members data and provided the State by of IMPLAN, Arizona. the model is customized to calculate economic and revenue benefits

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FISCAL YEAR 2016 PERFORMANCE

GPEC 6
FY2016 Activity

GPEC 7
FY2016 Locates
AIRPipe Farmers Insurance Group Project ATS*
Amazon Gabriel Partners Project Bucket*
Aspire Loyalty Travel Solutions Gainsight Project Peters*
Cardinal IG Galvanize Project Tetris*
Carlisle Industries Independent Can Company Republic Services
Cenlar Inteplast Revel Systems
Charles Schwab Kudelski Group Santander Bank
CVS KW Transportation Scientific Games Corporation
Davis Research Lexington Law Stitch Fix
Davita Rx Main Street Property The Hartford
Dexcom McFarlin Group The Stone Collection
Diamond Coatings Menlo Logistics Turo
DoubleDutch Nestle Waters Western Federal Credit Union
Entertainment Partners Oscar
*Company name withheld due to non-disclosure agreement

GPEC 8
FY2016 Metrics
Metric FY16 Contract FY16 Target FY16 Stretch FY16 Actual
Payroll ($M) $205.5 M $226.0 M $248.6 M $397.9 M
Jobs 4,794 5,273 5,801 7,703
High Wage Jobs 2,493 2,742 3,016 3,048
Average High Wage Salary $51,574 $57,304 $63,034 $70,897
Prospects 210 231 254 255
International Prospects 37 41 45 47
Emerging Technology Assists 10 12 14 14
Total Reach of Editorial Placements 275 M 302 M 332 M 476 M
* Underlined Results are part of GPEC's top line metrics

BUSINESS DEVELOPMENT
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FY2017 Media Activity
444,176,308 198,269,936
Media impressions in FY16 Media impressions in FY17 as of 9/19

GPEC
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Contract Activities
Regional Marketing Industry Economic
& Promotion Prospecting Development
Cooperation
This activity is intended The purpose of this This activity is meant to
to improve the business activity is to find new improve the region’s
image of Maricopa industry prospects and competitiveness
County and its assist local communities through cooperation
unincorporated areas in attracting new with other economic
businesses to Maricopa development
County organizations

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REGIONAL MARKETING & PROMOTION

GPEC
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Activity 1
Marketing & Communications Media Tours GPEC Business Insider CEO Forums &
Collateral Sales Missions
GPEC has released new GPEC executed two in- Every other month GPEC has led 23
industry brochures that bound national media GPEC sends an email California and
align with our key tours with national blast to a targeted list of technology sales
industry targets; and reporters that resulted in brokers and national site missions, including a
have updated all of the positive coverage on the selectors to share San Francisco Road
collateral to reflect a region in publications relevant industry news Show
consistent and clean such as Huffington Post on the region
image and Worth

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INDUSTRY PROSPECTING

GPEC
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Activity 2
FY2016 Business Prospects EDDT & ExecuTours Market Intelligence
Board of Directors Reports
Through the end of FY16 a Working with EDDT and GPEC’s Business In partnership with SEMI
total of 255 new prospects launched in May 2016, Development Team also Arizona and our
were generated. GPEC GPEC began a new effort works closely with site communities, GPEC
continues to aggressively that will enhance long-term selectors through direct released its third market
develop new business strategies pursued by outreach, ExecuTours and intelligence report around
prospects interested in cities to develop strong marketing initiatives microelectronics at an
establishing operations in and robust districts event at ASU SkySong on
Maricopa County attractive to businesses March 22
and the future workforce

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REGIONAL ECONOMIC
DEVELOPMENT COOPERATION

GPEC
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Activity 3
FY17 Action Plan Regional & State Partners GPEC Ambassadors
The Action Plan was GPEC works closely with The GPEC Ambassador
created with significant Gov. Ducey, the ACA Program continues to
input from the GPEC and local EDOs in order engage over 1,000
Next Leadership Council to enhance individuals across a wide
and the cities’ economic competitiveness and range of employers.
development directors cooperation During FY16, GPEC held
21 ambassador events

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FISCAL YEAR 2017

GPEC
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FY2017 Action Items
Intensify out-bound Initiate analysis, case Develop a regional Advance In collaboration with
recruitment efforts in building and strategic foreign direct competitiveness Velocity, support
California and other key planning with investment (FDI) plan, priorities through workforce development
markets communities around including an aftercare regional collaboration efforts that align with
talent retention and program industry needs for talent
attraction and and workforce
community
preparedness initiatives

GPEC 19
FY2017 Metrics
Metric FY16 Actual FY17 Contract FY17 Target FY17 Stretch
Payroll ($M) $397.91 $305.11 $335.62 $369.18
Jobs 7,703 6,556 7,212 7,933
High Wage Jobs 3,048 2,491 2,741 3,015
Average High Wage Salary $70,897 $51,827 $57,585 $63,344
GPEC Assist 14 10 12 14
Prospects 255 229 252 277
International Prospects 47 38 42 46
* Underlined Results are part of GPEC's top line metrics

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THANK YOU
gpec.org
GPEC4JOBS
Address
2 N. Central Ave., Suite 2500
Phoenix, AZ 85004 @GPEC
Contact Info
info@gpec.org Greater Phoenix Economic Council
Telephone
(602) 256 7700
GREATER PHOENIX:
WHERE COMPANIES GO TO SCALE