10.18.21 MARICOPA COUNTY BOARD OF SUPERVISORS.PDF

Maricopa 
County
Board of 
Supervisors
October 18, 2021

2

FY21 Review
3

FY21 Review
Annual Contract 
Goal
Actual FY21
% of Goal FY21
Payroll (in Millions)
$340.6
$594.9
175%
Average High Wage Salary
$59,113 
$77,256
131%
Jobs
6,125
9,928
162%
High Wage Jobs
3,075
5,470
178%
Qualified Prospects
206
277
134%
Qualified International Prospects
34
58
171%
GPEC Assists
10
14
140%
FY21 Goal 
Status
Compare to 
Prior Year
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FY21 REVIEW
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Major Locates
*Numbers as of June 30
5
Phoenix
1,900 Phase 1 Jobs
3.8M+ SF
FY21 REVIEW
Mesa
300 Phase 1 Jobs
230,000 SF
Phoenix
750 Phase 1 Jobs
438,687 SF
Goodyear
424 Phase 1 Jobs
643,798 SF
Goodyear
1,000 Phase 1 Jobs
655,400 SF
Phoenix
761 Phase 1 Jobs
593,600 SF
Tempe
150 Phase 1 Jobs
34,000+ SF
Tempe
182 Phase 1 Jobs
34,000 SF
Phoenix
374 Phase 1 Jobs
74,625 SF
Chandler
233 Phase 1 Jobs
104,300 SF

FY21 Locates By Supervisor District
FY21 REVIEW
6

GPEC & 
Maricopa 
County
7

Maricopa County 5-Year Trend on Revenue Return
64:1
Revenue 
Return
Funding Request for FY22: 
$685,941
(AZ Office of Economic Opportunity 
2020 population)
$64
of direct revenue for every 
$1 invested¹
of total revenue for every 
$1 invested²
$95
in new consumer spending 
generated by new Maricopa 
County jobs and employed 
Maricopa County residents. An 
addition of $4.5 billion created by 
multiplier effects results in total 
consumer spending of $9.5 billion.
$5.0B
in new Maricopa County direct 
revenues (boosted to $311.1 million 
when including related multiplier 
effects of $102.6 million).
$208.5M
1 Includes property, sales and utility taxes, as well as state-shared and other local revenues.
2 Includes direct revenues plus those generated by related supplier and consumer jobs. 
3 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.
GPEC & MARICOPA COUNTY
8

Regional Results
Regional Results Summary
FY21*
FY20
5 Year Total
Payroll Generated
(in millions of dollars)
$594.90
$555.83
$2,617.7
Jobs
9,928
9,776
45,231
High-wage Jobs
5,470
6,190
25,146
Average Salary
$59,921
$56,857
$57,874
Qualified Prospects
277
240
1,340
Assisted Locates
45
42
221
Capital Investment 
(in millions of dollars)
$13,020.1
$4,266.8
$21,122.4
When a company 
selects a Greater 
Phoenix location, all 
communities benefit 
with increased tax 
revenues. 
GPEC-assisted 
locates have created 
92,629 jobs region-
wide for Maricopa 
County residents 
over the past five 
years.
Maricopa County 
benefits from site 
location projects and 
GPEC activities that 
occur across the region. 
Economic development 
projects create value by 
generating public and 
private revenues. 
Commute patterns 
and retail studies 
show that employees 
of ‘locates’ live and 
spend their incomes in 
all Greater Phoenix 
communities. 
Maricopa County Results
Through Regional Success
*Five-year total is through FY21
GPEC & MARICOPA COUNTY
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Business 
Development 
Update
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FY22 Quick Overview
BUSINESS DEVELOPMENT UPDATE
159%
of Goal
27%
International
of Last Year
142%
Prospect Stats
8 Companies
$447.5 Million
2,200 Jobs
Located in FY22
In Capital Investment
Created in the Region
$85,146
Avg. High Wage Salary
*Numbers as of Sept. 30
11

Active Prospects
295
FY22 Prospects
95
Capital Investment Potential*
$59.3 Billion
Jobs Potential*
31,112
Square Footage Potential*
26,712,000
Numbers as of Sept. 30
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* - FY22 Prospect Potential
BUSINESS DEVELOPMENT UPDATE
FY22 YTD Current Prospect Activity

FY22
Action Plan
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FY22 Action Plan Goals/Milestones
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Elevate our organizational and regional brand locally, nationally and globally
1.
Attract and grow quality businesses through established programs and new models
2.
Drive the region forward through enhanced research and data analytics capabilities
3.
Promote stakeholder engagement through meaningful content
4.
Build a resilient economy through comprehensive planning that focuses on inclusion, diversity and equity 
5.
FY22 ACTION PLAN
Be a leader in economic development through relentless commitment to organizational culture 
and The GPEC Way
6.