Lincoln County KY Economic Development Overview Ashley Carr and Laura D’Antonio 5/6/2009 AEC 653 1 Executive Summary Established in 1780 as part of the Virginia Territory, Lincoln County is one of Kentucky’s oldest counties. It is located just south of the central Bluegrass Region and it is rich in history and agriculture. The county has a population of approximately 25,000 with low population density. The county is still largely rural with 80% of the population considered non-urban. The Beale Code (rating counties on a rural-urban continuum with 1 being very urban and 9 being very rural) ranks Lincoln County as a 7 which carries the following description: “Non-metro county with urban population of 2,500-19,999, not adjacent to a metro area” We selected Lincoln County for this project for several reasons. In many ways, the county has been somewhat neglected in terms of Economic Development initiatives around the state. While it is not far from its more developed and prosperous neighbors in Boyle County (Danville), and the Lexington Metropolitan area (Woodford, Fayette and Jessamine counties), it has not achieved comparable levels of prosperity. It is sometimes lumped into the Bluegrass Region for allocation of development dollars. However, its problems and concerns are vastly different from those of the Bluegrass Region proper. On the flip side, it has not suffered from some of the more dramatic and well publicized economic and substance abuse problems of western and eastern Kentucky and again, this has caused it to be somewhat overlooked from a resource allocation perspective. While it offers many benefits; a good business environment, ample land for development, a low cost of living , to name but a few, it also faces many challenges. Historically, it has focused on two economic areas which are in a state of nation-wide decline – agriculture and manufacturing. It also faces significant challenges with its school system which posts lower than desirable test scores and outcomes. The education challenges result in difficulty attracting new firms to the area both as a workforce issue and as a quality of life issue. The education system needs to do much more to develop both the workers and business leaders for Lincoln County’s future. In addition to job losses and educational challenges, the county faces underemployment challenges as well which combine to generate a higher than average poverty rate. Per capita income is relatively low and the discrepancy between women’s income and men’s income is substantial. Geographically, the county has somewhat limited highway access which has not helped its economic development. Nationwide, we are becoming an economy based on entrepreneurship. Lincoln County is well positioned to participate in this trend as we note in our recommendations section. There is a base of successful entrepreneurs to leverage off of and the community offers many assets to support small business initiatives. Strong leadership needs to act now to pull together the groups who must work together in order to resolve some of Lincoln County’s economic and quality of living challenges. 2 Index Executive Summary Index A. History and Culture History Population Geography&Climate Political Information Economic Structure Agriculture B. Business Climate and Community Assets C. Economic Analysis Income Location Quotient Shift-share Analysis Employment Unemployment Travel to Work D. Business Tools Financial Capital Small Business Development Centers Other Tools Entrepreneurship Survey Results E. Quality of Life Indicators Education Health and Elderly Services Tourism and Recreation Government Environment Public Safety Housing Connectivity Transportation Land Use F. Summary G. Recommendations 2 3 4-11 4 5-6 7-8 9 9-10 10-11 12-13 14-28 14-16 16-18 18-21 21-25 25-26 27-28 29-34 29-30 30 31-32 32-34 34 34-54 34-41 42 42-44 45-47 48 48-50 50-51 51-52 52-53 53-54 54-55 55-60 Attachment A – Meeting Agenda Attachment B – Questions Attachment C – Infrastructure Projects Attachment D – Colleges and Trade-schools Attachment E – LC Elected Officials Attachment F – IDA Program Description 61 62-66 67-69 70-72 73-74 75 3 A. History and Culture County History Lincoln County was one of the three original Kentucky Counties chartered with the Virginia Territory in 1780. The county was not named after President Lincoln as is commonly believed, but after Benjamin Lincoln, a revolutionary war general. Its location was strategic for defense purposes with Fort Logan constructed in the 1700’s for protection along the “buffalo trail”. The Fort withstood a 53 day Indian siege earning it the nickname “standing Fort” which may be the source of the name “Stanford”, the present-day county seat. The county likes to proudly tout the number of “firsts” that occurred there: “Lincoln is a county of firsts, the home of Kentucky's first governor; the first chartered school in the state; the first brick home in the state, the William Whitley House; the first courthouse west of the Alleghenies; the first bank west of the Alleghenies; and the first circular horse racing track in the state (with the horses running counter clockwise as a protest to British domination).” The local courthouse has the distinction of being one of the few surviving in the state that never had a fire allowing it a very complete archival record of the area. It houses many old and rare records including one of Daniel Boone’s original deeds, on vellum. Lincoln County is a dry county. However, nearby Lancaster, the county seat of neighboring Garrard County recently became “wet” and Lincoln County or at least Stanford is considering the matter. Advocates of the recent passage in Garrard County argued that this is an economic development strategy of keeping dollars spent on alcohol from leaving the county (neighboring Boyle County recently also became “moist”). Restaurant owners favored the increased revenue and finally, studies have shown that being a “dry” county actually increases the number of alcohol related road accidents, this being an issue in Lincoln County. 4 Population The county seat is Stanford (pop 3,430) which is also the largest city. Stanford is the 97th largest city in Kentucky (out of 419). Other “cities” in Lincoln County include Crab Orchard (pop 842), Eubank (pop 358), Hustonville (pop 347) and Junction City. Based on the 2000 census, the population was 23,361 – predominantly white: 96.12 percent white 2.53 percent black 1.5 percent other In 2007, the population was estimated to be 25,245 of which 20% are considered urban versus 80% rural. The population is almost evenly divided between males and females. In the 1970’s a group of southern Amish moved into the area and they now comprise about 100 families mostly in and around Crab Orchard. The County population has enjoyed good growth – from 1980 to 2006 the county grew by 25% exceeding the state growth rate of 16% for the same period. Lincoln County Population Growth 30,000 Population 25,000 20,000 15,000 10,000 5,000 0 1750 1800 1850 1900 1950 2000 2050 Census Year As of the census of 2000, there were 9,206 households, and 6,729 families residing in the county. The population density was 70 people per square mile (27 /km2) versus 101.7 per square mile for the state of KY. 5 Age Distribution 30 25 20 LC 15 KY 10 5 0 % under 5 % under 18 % over 65 http://www.fedstats.gov/qf/states/21/21137.html The 2006 age distribution data versus the state of KY, suggest that there is a slightly higher concentration of older persons in the county as well as a slightly higher percentage of younger persons. This suggests that the middle range of population leaves the county, presumably for work opportunities, but returns for retirement. Not surprisingly, the city of Stanford has a higher percentage of aging residents who are more likely to need the convenience of an urban location. Residents 65+ are 13% in the county but 18% in Stanford placing different demands on Stanford to meet the needs of these residents. The 65+ female population in Stanford is particularly high. <18 18-24 Age Distribution Urban/Rural Stanford 25-44 Age Distribution Urban/Rural LC 45-64 65+ 0 10 20 30 40 6 Geography and Climate Lincoln County has a land area of 336 square miles (.06% water) and it is located in the south central part of the state in an area called “The Ring of Knobs”. The Knobs region is a roughly horseshoe shaped series of small hills or mountains, approximately 100 miles long and 30 miles wide that “rings” the central Bluegrass Region of the state. The county is bounded by Boyle County, Garrard County, Rock Castle County, Pulaski County and Casey County. The county has 239.17 miles of roads: STATE PRIMARY SYSTEM 51.348 STATE SECONDARY SYSTEM 34.561 RURAL SECONDARY SYSTEM 129.961 SUPPLEMENTAL ROADS 23.306 TOTAL MILEAGE 239.176 http://www.planning.kytc.ky.gov/reports/SPRS_listings/listings/lincoln.pdf Lincoln County is in the Danville Micro Statistical Area and is part of the Bluegrass Area Development District. Map from Epodunk Lincoln County enjoys a temperate climate. The average temperature is 55.2 degrees which is on the milder side of the state range from 53-60. Heating days of 4713 are on the higher side of the state range (4000-5000) while cooling days (1154) are low in the range (1000-1400). LC receives more snow (15.7 inches) than the rest of the state (average of 12). 7 ld Capitol Annex · 300 West Broadway · Frankfort, KY 40601-1975 · Phone 502.564.7140 · Fax 502.564.3256 · www.thinkkentucky.com Sources: Atlas of Kentucky, University Press of Kentucky, 1998. Kentucky Climate Center at Western Kentucky University. http://kyclim.wku.edu/ September, 2006 8 Political Information 31.55% of the people in Lincoln County, KY are registered Democrats. 67.65% are registered Republican. The remaining 0.80% are independent. The 2008 presidential election results were as follows: % Voters Obama 30.10% 2,752 McCain 68.50% 6,273 1.40% 126 Other Economic Structure Lincoln County experienced early growth in the late 1700’s as a fort and early settlement. This continued into the early 1800’s led primarily by agriculture. Growth stagnated during the antebellum period. The civil war had little impact on the area with the closest battle in Perryville (20 miles away). The area enjoyed solid growth after the civil war and flourished with the increasing popularity of the railroads in the late 1800’s. Junction City for example, grew up from the junction of the Louisville and Nashville Railroads in 1865. New Deal tobacco quotas in the 1930’s helped promote tobacco production which flourished in the area. After WWII, railroad use declined with truck transportation along major interstates taking over leaving Lincoln County without access to major transportation routes. The railroads were finally removed in 1988 leaving behind only the Old Railroad Depot, now restored and serving as a railroad museum. Agriculture, primarily tobacco and cattle continued as the county’s mainstay throughout the 1900’s with a gradual rise in manufacturing, especially wood products manufacturing. Though farming jobs have been declining, farm income has actually been rising as discussed later in this paper. Manufacturing, after showing steady declines from 1970-1990 jumped up in 2000 with the addition of several new manufacturing firms in the 1990’s. However, later data indicates that this sector is again in decline. Source: Bureau of Economic Analysis. Regional Economic Information System Employment by Industry Manu Retail Services Gov't Farming 1970 769 651 584 597 2,394 1980 450 589 806 656 2,220 1990 357 763 1,111 756 1,982 903 1,052 1,190 1,120 1,710 % Ch 1970 - 1980 -41.5% -9.5% 38.0% 9.9% -7.3% % Ch 1980 - 1990 -20.7% 29.5% 37.8% 15.2% -10.7% % Ch 1990 - 2000 152.9% 37.9% 7.1% 48.1% -13.7% 2000 Ave Sal - LC $34,690 $14,800 $19,854 $29,411 $6,822 2000 Avg. Sal - KY $46,904 $18,021 $26,727 $37,437 $12,772 2000 9 Lincoln County’s major employers are as follows: Business # of employees Established in LC Locally Owned 1320 460 250 114 107 102 100 72 60 n/a 1989 1988 2008 1977 1995 ND 2000 1964 n/a yes no regional yes yes yes yes yes Government Brake Parts Inc Wal-Mart Fort Logan Hospital DecoArt Lincoln Manufacturing Driftwood Electric East Anderson Hardwoods Monrow Pallet Sources: Wal-Mart is based on discussion with HR Director 4/22/09, Ft. Logan Hospital - http://www.bestplaces.net/county/Lincoln-Kentucky.aspx, all others LCEDA Demographic Pakage Agriculture Though farming employment is on a downward trend, farm revenue is actually increasing and agriculture remains a vital part of the county’s economy. Cattle farming has become the agricultural mainstay and largest export though with increasing stabilization in the tobacco markets, it too is still an important cash crop. Lincoln County is Kentucky’s 2nd largest county for cattle exports. Dairy products produced are 6th in the state. Crop sales were 17% of revenues with 83% accounted for by Livestock sales. Leading Agricultural Sales in the County: Product Value (000’s) Cattle & Calves Milk and other Dairy Tobacco Grains, oilseeds, dry beans Other crops and Hay Nursery, greenhouse, floriculture $33,666 $ 9,385 $ 3,308 $ 2,302 $ 1,636 $ 1,387 State Rank 2 6 34 43 19 20 Based on the 2007 Census of Agriculture, the farmers in Lincoln County are overwhelmingly white (97.5%); men outnumber women ten to one, the average age is 55.4 years and only 38% list farming as their primary occupation. 10 Farm revenues in the county are increasing: Number of Farms Land in Farms Ave Size of Farm Market Value of Production Ave per Farm Government Payments Average per Farm 2007 2002 % Change 1278 1275 0 178,315 171,276 4 140 acres 134 acres 4 52,538,000 35,077,000 50 41,110 27,512 49 985,000 857,000 15 2,319 3,210 -28 www.agcensus.usda.gov Based on discussions with Dan Grigson, the county extension agent, the increase in farm revenue is in large part based on the following: Consolidation to larger operations: after the tobacco buy-out, many of the smaller producers got out of the farming business. A percentage of these have rented their acreage to neighboring farms creating economies of scale for the remaining larger farm enterprises. Improvement in Farming Methods: Programs through the extension office and economic necessity have motivated farmers to improve farming methods (practicing rotational grazing for example). Emphasis on more profitable crops: An example of this would be the increase in floriculture in the area. Tobacco buy out dollars were used, in some cases, to diversify into areas such as this with funds from the buy-out being used to construct green houses, etc. Better Record Keeping: The Extension office placed a greater emphasis on the 2007 census completion and encouraged cooperation and reporting. In 2005, Lincoln County tobacco growers and quota owners received $34.6Million in funds from the tobacco buy-out to be paid out in annual installments over a 10 year period. Recipients also had the option of receiving a lump sum payment. As of 2008, approximately 2/3 of the available buy-out funds have been taken. Prior to the buy-out, the quota system, which had been in place since the depression, had become increasingly restrictive and unworkable. The old system was driving up prices and squeezing margins which in turn encouraged production to move overseas. While the buyout was generally supported by growers it has created a period of change and uncertainty in tobacco dependant counties. Lincoln County was 25th out of the 118 counties to receive buy-out funds (Joel Neaveill, Governor's Office of Agricultural Policy). Per Will Snell (University of Kentucky), with economic multipliers generally at 2 for agriculture, the tobacco buy-out, while initially acting only to replace lost tobacco income, has emerged as an economic boast for most tobacco areas. 11 B. Business Climate and Community Assets To develop a sense of the current business climate in Lincoln County, interviews were conducted and meetings held with a variety of people within the County. A meeting was held with the Chamber of Commerce and City representatives on April 16, 2009. The meeting agenda is attached as exhibit A. Attendees were as follows: Andrea Miller, Lincoln County chamber of Commerce Luzia Foster, Lincoln County Office of Tourism Arlen Saunders, Economic Development Authority Mary Middleton, Main Street Revitalization Additional meetings or phone interviews were held with the following individuals: John Peek, Farm Credit Services Lloyd Schrock, Crab Orchard Produce Auction Manager Karen Barbato, Lincoln Physical Therapy Dan Grigson, County Extension Agent “Buckwheat” Gilbert, Judge Executive WPBK Radio staff Rene True, ConnectKentucky Lincoln County currently has numerous assets to encourage Economic Development: An active Chamber of Commerce: The Stanford/Lincoln County Chamber appears to be an active participant in the Economic Development of the area, especially focusing its energy on retail and service businesses with a wide range of support activities: Annual Home and Garden Show Business After Hours programs (a given business will “host” other businesses after closing providing excellent networking opportunities and encouraging cross-sales and cooperation between businesses) Quarterly educational lunches for local businesses Annual awards event recognizing outstanding businesses Marketing and other seminars Public and private business group meetings and facilitation “Holiday Bingo”, “Safe Trick or Treat” and other seasonal business stimulation activities Lincoln County Economic Development Authority: Established in 1979 as the Stanford County Industrial Development Authority, the LCEDA has multiple functions: 12 Utility Sewer Water It purchased land and developed the Stanford LC Industrial park and completed appropriate infrastructure. It plays both a retention and expansion role for existing businesses as well as a recruitment role to try to attract new businesses to the area. It acts as an intermediary for development financing obtaining grants from various state and federal programs using the proceeds to assist local businesses. The LCEDA works to develop tourism and with commercial development in the county The LCEDA provides assistance and mentoring for existing and start-up businesses. Adequate Land for Development: The county has 3 industrial parks: an existing site with 3 businesses up and running in Stanford, a new site in Stanford and a location in Crab Orchard. Main Street has a fair amount of vacant buildings in part due to a recently scrapped project of one of the local Banks which had been buying up buildings with the intention of developing a motel in the downtown area. With the economic downturn, this idea has been put on hold leaving vacancies along Main Street. The Main Street Renaissance Initiative (Mary Middleton) lists 5 available building on Main Street. A well established and active city and county government Natural and manmade amenities to attract tourists A low-cost workforce with limited unionization Good quality of Life An environment that supports entrepreneurship Financing options available Adequate utilities offer low-cost electric (rated 69 on a US=100 score): Electric – EON IS-KU East Kentucky Power Cooperative Inter-County Energy Cooperative Jackson Energy Cooperative Natural gas – Atmost Energy Corp Sewer – Stanford Sewer department Water - Stanford Water Department Capacity 800,000 2,000,000 Avg. Flow 870,000 1,130,058 Excess -70,000 869,942 Information provided by Division of Water A list of current water and sewer improvements is attached as exhibit C. 13 C. Economic Analysis Income In 2007, the median estimated household income for Lincoln County was $32,566, while the state median was $40,299. About 20.3% of the population of Lincoln County fell below the poverty line in 2007, while the state percentage as a whole was about 17.2%. Earnings, 2007 Estimates Median earnings for workers $32,566 Median earnings for male full-time, year-round workers* $40,052 Median earnings for female full-time, year-round workers* $26,699 http://quickfacts.census.gov * http//factfinder.census.gov – 2005-2007 Community Engagement Survey Per Capita Personal Income 2001 2002 2003 2004 2005 2006 % Change Lincoln 18,184 18,299 18,164 18,752 19,713 20,587 + 13.2% Boyle 24,324 24,531 24,366 25,065 25,831 26,932 + 10.7% Casey 17,735 17,696 17,630 18,170 19,188 20,090 +13.3% Garrard 20,891 20,464 20,630 21,261 22,211 22,844 + 9.3% Pulaski 21,237 22,088 22,617 23,339 24,309 25,293 + 9.1% Rockcastle 16,038 16,651 17,192 17,811 18,582 19,463 + 21.4% County Per capita personal income was computed using Census Bureau midyear population estimates. Estimates for 2000-2006 reflect county population estimates as of April 2008. Bureau of Economic Analysis: UD Department of Commerce 14 Median Household Income County 2007 2000 % Change Lincoln 32,680 26,542 + 23.1% Boyle 41,739 35,241 + 18.4% Casey 27,366 21,580 + 26.8% Garrard 40,653 34,284 + 18.6% Pulaski 32,368 27,370 + 18.3% Rockcastle 28,235 23,475 + 20.3% http://quickfacts.census.gov; http//factfinder.census.gov Median household income increased by 23.1% from 2000 to 2007. Lincoln County had the highest increase over this time period among its neighboring counties. Percentage of Individuals Below Poverty Line County 2005 – 2007 Average 2000 Change Lincoln 20.3% 21.1% - 0.8 Boyle 15.9% 11.9% + 4.0 Casey 23.6% 25.5% - 1.9 Garrard 16.8% 14.7% + 2.1 Pulaski 21.7% 19.1% + 2.6 Rockcastle 26.8% 23.1% + 3.7 Some of this data is compiled from the 2005-2007 Community Engagement Survey and is an average of the three years; www.factfinder.census.gov; http://quickfacts.census.gov 15 Location Quotient Location Quotients (LQ) gauge the relative concentration or specialization of industries, industry sectors or industry clusters in an area compared to a larger area. The location quotient technique is based on a calculated ratio between the local economy and the economy of some reference unit. LQ is a rough, descriptive indicator of relative employment concentration as compared to a larger area. Just because a region has a large LQ in a particular segment does not necessarily mean there is, or will be, job growth in the future. The formula to calculate Location quotients is as follows: LQ= Local Sector Employment/Local Total Employment Reference Sector Employment/Reference Total Employment The following location quotient analysis compares industries in Lincoln County and its surrounding counties to the state as a whole. A location quotient greater than 1 indicates an advantage in that industry for the county. A location quotient equal to 1 indicates the county is self-sufficient in the industry and a location quotient less than one indicates the county imports goods for that industry. Location Quotient analysis for 2007 showed that Lincoln county is self-sufficient or exporting in six industries and imports in many others. It should be noted that this analysis does not include data from Ephraim McDowell Fort Logan Hospital that opened in 2008. Presumably healthcare and social assistance would be higher with this addition. These location quotients were calculated using the Bureau of Labor Statistics Location Quotient Calculator. The location quotients are based on the North American Industry Classification Codes. Location Quotients calculated from Quarterly Census of Employment and Wages Data, 2007 16 Lincoln County Boyle County Casey County Garrard County Pulaski County Rockcastle County Lincoln County Exports NAICS 321 Wood product manufacturing 6.07 7.24 ND ND 7.52 ND NAICS 447 Gasoline stations 2.67 1.12 2.88 0.72 1.58 1.68 NAICS 31-33 Manufacturing 1.57 1.35 1.94 1.09 1.03 0.58 NAICS 54 Professional and technical services 1.44 ND 0.05 0.52 0.66 0.32 NAICS 44-45 Retail trade 1.35 0.98 0.78 0.71 1.07 0.96 NAICS 62 Health care and social assistance 0.97 1.43 1.24 ND ND 2.27 NAICS 52 Finance and insurance 0.79 0.62 ND 0.83 0.67 ND NAICS 42 Wholesale trade 0.73 1.33 1.21 1.48 1.16 0.15 NAICS 53 Real estate and rental and leasing 0.22 0.54 ND 0.55 0.8 ND 0.4 0.2 0.37 ND 0.94 ND NAICS 71 Arts, entertainment, and recreation ND 0.77 ND ND 0.67 ND NAICS 55 Management of companies and enterprises ND ND ND NC 0.51 NC NAICS 51 Information ND 0.64 ND ND 0.59 1.56 NAICS 56 Administrative and waste services ND 0.78 ND 0.22 0.65 0.29 NAICS 23 Construction ND 0.48 0.75 4.07 0.99 ND NAICS 61 Educational services NC 3.49 NC ND ND NC NAICS 22 Utilities NC 2.04 NC ND 2.4 ND Lincoln County Self-Sufficient Industries Lincoln County Import Industries NAICS 48-49 Transportation and warehousing Not Disclosed or Not Calculable US Bureau of Labor Statistics Location Quotient Calculator (NC) Not Calculable, the data does not exist or it is zero/ (ND) Not Disclosable 17 Shift-Share Analysis Shift-share analysis looks at employment growth in an area over a period of time and breaks it down into three components: National Growth Component, Industry Mix Component, and Comparative Share Component. The National Growth Component is the portion of an area’s employment growth/decline that can be attributable to the growth/decline of the national economy. The Industry Mix Component is the share of an area’s employment growth that can be attributable to the mix of industries in that area. The Comparative Share Component shows how many new jobs in the area are attributable to the area’s relative competitive position. The table below shows the shift-share analysis outcomes for Lincoln County. The shift-share analysis was performed using the shift-share calculator at http://www.georgiastats.uga.edu. Lincoln County, Shift-Share Analysis, 1997-2007 Sector National Growth Component, % Industrial Mix Component, % Competitive Share Component, % National Growth Component, Jobs Industrial Mix Component, Jobs Trade, Transportation, and Utilities 11.9 -3.9 30.2 77 -25 196 Professional and Business Services 11.9 13.4 60.2 23 26 116 Manufacturing 11.9 -32.6 9 121 -331 91 Leisure and Hospitality 11.9 10.1 16.1 28 24 38 Public Administration 11.9 -1.2 13.5 19 -2 22 Financial Activities 11.9 1.4 -29.7 20 2 -49 Education and Health Services 11.9 12.4 -18.2 50 53 -77 Construction 11.9 19.4 . . . . Information 11.9 -14.3 . . . . Natural Resources and Mining 11.9 -8.8 . . . . Other Services 11.9 1.4 . . . . 338 -253 337 Competitive Share Component, Jobs 18 National Growth Component This component looks at the overall economic growth rate of the United States. Between 1997 and 2007, the nation's employment grew by 11.9 percent. This rate is listed in the Shift-Share Analysis Table as National Growth Component. The national growth rate of 11.9% between 1997 and 2007 led to the addition of 338 jobs in Lincoln County during the time period. The Industrial Mix Component The Industry Mix Component looks at an area’s mix of industries and their growth rates and compares them to the national growth rates for a particular sector. The eleven sectors represented on the table show that the industrial mix component was responsible for decreasing Lincoln County employment by 253 jobs. The shift-share calculator indicated that Lincoln County has a concentration of employment in industries that are decreasing nationwide. The Competitive Share Component The third and final component of shift-share analysis is called the competitive share. Across all sectors, the competitive share component totals 337 jobs. This indicates that the area is competitive in securing additional employment. A positive competitive share component would indicate that Lincoln County has a productive advantage. 19 The change in Lincoln County’s employment from 1997-2007 can be seen on the table below. The total change in employment of 422 jobs is pieced together from the National Growth Component (338 jobs), Industry Mix Component (-253 jobs), and the Comparative Share Component (337 jobs) showed on the previous page. During the period 1997 to 2007, employment in Lincoln County increased by 422 jobs. In terms of employment growth, the most important industry was Trade, Transportation, and Utilities (248 jobs). It is followed by Professional and Business Services (165 jobs), and Leisure and Hospitality (90 jobs). This data was extracted from the Shift-Share Calculator at http://www.georgiastats.uga.edu and does not include all of the detailed contents of industry data found in census data. Sector Manufacturing Employment 1997 Employment 2007 Percent Growth, 1997 2007 Employment Change 1,016 897 -119 -11.7 Trade, Transportation, and Utilities 648 896 248 38.3 Education and Health Services 424 450 26 6.1 Professional and Business Services 193 358 165 85.5 Leisure and Hospitality 236 326 90 38.1 Public Administration 161 200 39 24.2 Financial Activities 165 138 -27 -16.4 Construction . 0 . . Information . 0 . . Natural Resources and Mining . 0 . . Other Services . 0 . . 2,843 3,265 422 U.S. Bureau of Labor Statistics 20 Employment Non-Agricultural employment in Lincoln County is based around jobs in the manufacturing, retail trade, and educational, health and social services fields. The data below does not reflect the large amount of Agricultural employment in the county. Employment by Major Industry by Place of Work Industry Number Employed Percentage of Employment Agriculture, forestry, fishing and hunting, and mining 544 5.5 Construction 846 8.5 2,628 26.5 375 3.8 1,172 11.8 Transportation and warehousing, and utilities 550 5.5 Information 182 1.8 Finance, insurance, real estate, and rental and leasing 368 3.7 Professional, scientific, management, administrative, and waste management services 358 3.6 1,783 18 Arts, entertainment, recreation, accommodation and food services 456 4.6 Other services (except public administration) 383 3.9 Public administration 284 2.9 9,929 100% Manufacturing Wholesale trade Retail trade Educational, health and social services All Industry This data is compiled from the 2005-2007 Community Engagement Survey and is an average of the three years; www.factfinder.census.gov 21 Occupation Number Employed Percentage of Employment Management, professional, and related occupations 2,186 22 Service occupations 1,332 13.4 Sales and office occupations 2,134 21.5 164 1.7 Construction, extraction, and maintenance occupations 1,208 12.2 Production, transportation, and material moving occupations 2,905 29.3 All Occupations 9,929 100% Farming, fishing, and forestry occupations This data is compiled from the 2005-2007 Community Engagement Survey and is an average of the three years; www.factfinder.census.gov Class of Worker Number Employed Percentage of Employment Private wage and salary workers 7,743 78 Government workers 1,096 11 Self-employed workers in own not incorporated business 1,033 10.4 57 0.6 9,929 100% Unpaid family workers All Classes This data is compiled from the 2005-2007 Community Engagement Survey and is an average of the three years; www.factfinder.census.gov 22 Major Business & Industry (Manufacturing & Supportive Service Firms Only) Firm Product(s)/Service(s) Employees Year Established Crab Orchard Genton Tool & Die Machines shop: machinery parts, general 2 1984 27 1974 460 1989 Hustonville Wolford & Wethington Mill Inc Sawmill Stanford Brake Parts Inc Automobile & truck disc brakes DecoArt Inc Acrylic paints for arts, crafts and home decorating 65 1977 Dix River Stone Co Inc Crushed stone quarry 10 1987 Lincoln County Ready Mix Inc Ready-mix concrete & precast concrete septic tanks 15 1978 Lincoln Manufacturing USA LLC Stamping, welding, and machining operations to produce parts for the automotive industry 71 1995 Lincoln Tool & Die Co Inc Machine shop: parts toll & die 15 1978 Stanford Wood Products Co Inc Custom wooden & laminated cabinets; store & bank fixtures; custom wooden furniture 19 1947 Tillett's Uniforms Inc Band uniforms, choir robes, flags & dresses 14 1984 Kentucky Department for Economic Development, 2008 23 Employment County 2006 2007 2008 % Change Lincoln 10,062 10,042 9,987 -0.7% Boyle 11,960 11,936 11,871 -0.7% Casey 6,970 6,915 6,976 0.1% Garrard 7,167 7,270 7,188 0.3% 25,459 25,702 25,500 0.2% 7,017 6,978 6,918 -1.4% Pulaski Rockcastle US Bureau of Labor Statistics Labor Force County 2006 2007 2008 Lincoln 10,849 10,751 10,789 Boyle 12,840 12,713 12728 Casey 7,489 7,332 7,436 Garrard 7,625 7,711 7,690 27,263 27,337 27,335 7,542 7,465 7,451 Pulaski Rockcastle US Bureau of Labor Statistics 24 Labor Force Participation Rate County 2005 – 2007 Average 2000 Change Lincoln 58.0% 58.0% 0 Boyle 58.9% 58.9% 0 Casey 55.0% a a Garrard 63.0% a a Pulaski 55.0% Rockcastle 54.5% 54.0% a 60.9% Kentucky - 1.0 a 60.9% 0 This data is compiled from the 2005-2007 Community Engagement Survey and is an average of the three years; www.factfinder.census.govhttp Unemployment County 2006 2007 2008 % Change Lincoln 787 709 802 1.9% Boyle 880 777 857 -2.6% Casey 519 417 460 -11.4% Garrard 458 441 502 9.6% 1,804 1,635 1,836 1.8% 525 487 533 1.5% Pulaski Rockcastle US Bureau of Labor Statistics 25 The unemployment rate was slowly decreasing until it jumped from 6.6% in 2007 to 7.4% in 2008. This followed both the state and national trend for the indicated time period. Unemployment Rates County 2006 2007 2008 20062008 Change Lincoln 7.3% 6.6% 7.4% + 0.1 Boyle 6.9% 6.1% 6.7% - 0.2 Casey 6.9% 5.7% 6.2% - 0.7 Garrard 6.0% 5.7% 6.5% + 0.5 Pulaski 6.6% 6.0% 6.7% + 0.1 Rockcastle 7.0% 6.5% 7.1% + 0.1 Kentucky 5.9 5.5 6.4 + 0.5 US Bureau of Labor Statistics 26 Commuting Patterns The mean travel distance to work for Lincoln County residents is 26.9 miles and 60.1% of the residents commute outside of the county for work. 85% of residents that commute from Lincoln County work in neighboring Boyle County. The table below shows the counties where Lincoln County residents work. From Lincoln County To: Commuters % of Employees Lincoln County 3,859 43% Boyle County 3,105 35% Pulaski County 433 5% Jessamine County 424 5% Garrard County 392 4% Mercer County 388 4% Fayette County 363 4% Total 8,964 100% Kentucky State Date Center, 2000 Census Not many residents from neighboring counties travel into Lincoln County to work. The following table shows workers that commute to Lincoln County for employment. Only about 17% of employment in Lincoln County comes from outside residents. To Lincoln County From: Lincoln County Commuters % of Employees 3,859 83% Boyle County 277 6% Garrard County 274 6% Casey County 233 5% 4,643 100% Total Kentucky State Date Center, 2000 Census 27 Lincoln County Commuting Estimates, 2007 # of Employees % of Employees Drove Alone 7,715 76.4% Carpooled 1,536 15.2% 0 0.0% Walked 29 0.3% Other Means 43 0.4% 773 7.7% Public Transportation (excluding Taxicab) Worked from Home This data is compiled from the 2005-2007 Community Engagement Survey and is an average of the three years; www.factfinder.census.gov 28 D. Business Tools Financial Capital Lincoln County has three local Banks: Farmers National Bank 131 Cane Run Rd Stanford, KY 40484 606/365-8851 First Southern National Bank 102 W. Main St Stanford, KY 40484 606/365-4302 PBK Bank 1100 US Highway 27S Stanford, KY 40484 Interviews with loan officers from two of these Banks were conducted: Farmers National is headquartered in Danville. While they offer SBA loans and other small business loans, their loan officer reported that these loans are diffuicult to get, guidelines are very strict, and they are largely collateral dependant. First Southern is locally owned. The bank is often credited for changing the face of Stanford. They are very active in the Stanford Renaissance effort. They offer SBA loans but report that they don’t actually do very many of them due to red-tape and borrower restrictions. The loan officer commented that if a borrower is qualified enough to be approved by the SBA, the Bank would probably grant the loan without the SBA. They are very oriented toward Real Estate as collateral. There are three strong sources of Agricultural loans in the County: Farm Credit Services of Mid-America 101 Citation Dr Danville, KY 40422 859/236-1113 Central Kentucky Ag Credit 106 Agriculture Way Stanford, KY 40484 606/365-7500 USDA Farm Services Agency 102 Metker Trail Stanford, KY 40484 606/365-3103 29 Farm Credit Services and Central KY Ag Credit offer similar loan products. Both focus on existing farm businesses providing mortgages, equipment loans, row crop loans, livestock loans and lines of credit. Both report strong lending activity, and low default rates. Neither is really structured to accommodate start-up farms. These are referred to the Farm Services Agency. The Farm Services Agency is a lender for the Federal Government. They offer excellent rates; and they cater to start-up farms and ventures. They do not require existing equity or income. The Federal government provides a guaranty for a portion of these loans allowing the lender to take on more risk. The borrower pays a guaranty fee to the program. Additional Sources of Financing Include: SKED – The Southeast Kentucky Economic Development Corporation offering the following loan programs: o Business and Industry Loan Fund o Small Business Loan Fund o Micro Loan Fund BGADD – the Bluegrass Area Development District provides assistance with Community Development Block Grants, Appalachian Regional Commission Grants, and the Area Development Fund. The Center for Rural Development has awarded 5 grants totaling $63,342 to Lincoln County companies Kentucky Highlands Investment Corp. Mountain Association for Community Economic Development USDA Rural Enterprise Grants Federal spending per capita was $5,679 versus $7,649 for the state (2004 data). Small Business Development Centers The Kentucky Small Business Development Center at Eastern Kentucky University (EKU) serves Lincoln County and provides consulting and planning services at no charge in order to facilitate the development, management, and expansion of small businesses. Eastern Kentucky University College of Business & Technology Room 145 Richmond, KY 40475 Phone: 859-622-1384 Somerset Office 675 Monticello Street Suite A Somerset, KY 42501 Phone: 606-678-3042 Toll Free: 877-EKU-SBDC http://ekubiz.com/default.aspx 30 Group Marketing Systems Lincoln County offers a few ways to combine marketing efforts for businesses. They include: Business After Hours Stanford Renaissance Program/Stanford Main Street Program WPBK – Lincoln County Local Radio – General Store Lincoln County chamber of Commerce Promotion and Tourism Programs The Stanford-Lincoln County Tourism department has a website that offers visitors an opportunity to read about the history of the area, check out places to visit and read about upcoming events in the Stanford-Lincoln County area. http://www.stanford-lincolncountytourism.com/index.html Technology and Business Park Stanford has the Stanford-Lincoln County Industrial Park and the Lincoln Business Center. Ground was broken for the first business at the Lincoln Business Park in April 2009. Women’s Enterprise The only available resources at this time specifically for women in the Lincoln County area are: The Business and Professional Woman’s Club, Peggy Orberson (606/365-9408) Women's Initiative Networking Groups, Inc. (WINGS) (606/986-2373) The National Women Business Owners Corporation (800/675-5066) Enterprise Zone There is no enterprise zone in Lincoln County. 31 Incubation Center Kentucky Highlands Investment Corporation serves 22 counties, including Lincoln. Business incubation is in the scope of what they do. Kentucky Highlands Investment Corporation P.O. Box 1738 362 Old Whitley Road London, KY 40743-1738 Phone:606.864.5175 Fax:606.864.5194 E-mail: khicnet@khic.org Research and Development Programs There are no research and development programs in Lincoln County. One Stop Center There is no One Stop Center in Lincoln County. Micro-Enterprise Development There is no formal Micro-Enterprise development in Lincoln County Entrepreneurial Development Entrepreneurial Development, although not formal, is a strong asset in the Lincoln County community. Through interviews and investigation we found several examples of success and support for entrepreneurs in the county. With lower education rates, and a lack of certain business tools (incubation center, one stop shop), lack of proximity to a University and a lack of any kind of formal entrepreneurial mentoring or networking program, one would not expect Lincoln County to be a hotbed of entrepreneurial successes. However, numerous good 32 examples of entrepreneurial success exist in the county. Four of these are highlighted on the next page. Entrepreneurial Success Crab Orchard Produce Market – In 2005, a group of produce growers, mostly Amish, decided there had to be a better way to market their products (other than roadside stands). 32 individuals got together, formed an LLC, obtained a Line of Credit from a local Bank and started the Crab Orchard Produce Auction. The auction runs year round, and now attracts wholesale buyers from around the state as well as consumers and tourists. Though the Auction itself is only marginally profitable it has been deemed a success as it has provided a profitable market for the participating growers. When Arlen Sanders took the job as Economic Development Director for Lincoln County 3 years ago, he began a series of community meetings called “listening sessions”. Over 200 local business owners participated. One common complaint was lack of communication. The community had lost its radio station after 40 years of broadcasting. Community leaders reached out to the son of one of the old station’s owners. In a unique sponsorship agreement with PBK Bank, WPBK was born as the new/old local station. The award winning new station now hosts the wildly popular “General Store”, and is credited for bringing the community together as nothing else has. Kentucky Soaps and Such – located on Main Street in Stanford is a local business that sells all-natural, goat-milk bar and lotion soaps and lotions. The owner and her two staff people are dedicated to “Going Local”. Even the goats that produce the milk to make the products are locally raised. The company recently expanded to its new Main Street location where they sell items from Kentucky authors, crafters, potters, and farmers. In addition to the goat products, they feature gift baskets of Kentucky products that include items such as muffin and cornbread mix, BBQ Sauces, baskets, teas, candles, Ale-8, cookbooks and pottery. The shop does well and has become a tourist attraction and a goat-soap production coach for entrepreneurs in Africa. The Lincoln County Economic Development Authority and the Lincoln County Fiscal Court partnered to receive a Community Development Block Grant provided by the Department for Local Government in 2008. The LCEDA used the grant funds to purchase equipment which they will then lease to support a new company opening in Lincoln County. Tin Man Manufacturing Company will be the first business located in the new Lincoln Business Park. The company will employ 34 individuals and was started by residents with Lincoln County roots. These individuals recognized the need for the company and partnered with County Government to make it happen. Ground was broken on the project in mid-April. 33 Different factors contribute to making Lincoln County a successful entrepreneurial environment. Two primary drivers are: Finance – Two of the highlighted ventures, WPBK and the Crab Orchard Produce Market received support from local banks. WPBK with their unique sponsorship agreement with PBK Bank and the Produce Auction, who received a Line of Credit. In addition to Bank financing, the county is fairly adept at obtaining grants and facilitating transactions using public funds (i.e. Tin Man Manufacturing). Recognition – With an active and supportive Chamber, and an active and supportive Economic Development Agency, the community seems to go out of its way to celebrate business successes in the County. Newspaper and radio coverage are excellent. Community Survey We prepared a brief survey asking residents of Lincoln County to evaluate the business assets of their community. The respondents ranked Lincoln County’s assets in the following order from greatest to least strengths : 1. Land for development / Community's Self Image / Support for Business all tied as the community’s greatest strengths 2. Location 3. Government Leadership / Financial Capacity 4. Entrepreneurship 5. Infrastructure 6. Human Capital E. Quality of Life Indicators Education Education was cited by many Lincoln County officials and residents as the most significant barrier for development in Lincoln County. There has been significant turnover in the superintendent position in the last several years (5 superintendants in 8 years). Only 68% of the 34 population over 25 years old in Lincoln County has attained a high school diploma and only around 8% has a bachelor’s degree or higher. Population 25 years and over Lincoln County Kentucky Less than 9th grade 13.69% 8.9% 9th to 12th grade, no diploma 18.34% 11.8% High school graduate (includes equivalency) 38.45% 34.8% Some college, no degree 15.00% 18.5% Associate's degree 3.56% 6.3% Bachelor's Degree 6.81% 11.7% Graduate or professional degree 4.14% 8.0% Enrollment in School, 2007 Estimates Population 3 years and over enrolled in school 5,814 Nursery school, preschool 346 Kindergarten 315 Elementary school (grades 1-8) 2,842 High school (grades 9-12) 1,369 College or graduate school 942 www.factfinder.census.gov Lincoln County Public Schools, Attendance Years Average Daily Attendance Membership Attendance Rate 2004 2005 2006 2007 2008 3817.12 3840.6 3802.4 3722.23 3728.82 4161 4169 4155 4043 4072 91.7% 92.1% 91.5% 92.1% 91.6% 35 www.factfinder.census.gov The Lincoln County School District consists of the following schools: Elementary Schools Name Location Crab Orchard Elementary Crab Orchard Highland Elementary Waynesburg Hustonville Elementary Hustonville McKinney Elementary McKinney Stanford Elementary Stanford Waynesburg Elementary Waynesburg Sixth Grade Center Name Location th Lloyd B. McGuffey 6 Grade Center Middle School Name Lincoln County Middle High Schools Name Stanford Location Stanford Location Lincoln County High Stanford Lincoln County Area Technology Center Stanford Fort Logan High School & Lincoln Alternative School Stanford 36 Adult Education Name Lincoln County Adult Education Center Location Stanford While there are no colleges or universities in Lincoln County, there are many within 60 miles. A list is attached as Attachment D. Test scores for the Kentucky standardized tests taken from the Kentucky Department of Education are shown below and on the next page. The tables show the 2008 Academic Index for Lincoln and surrounding counties as well as the entire state for the Kentucky Core Content Test (KCCT). Lincoln County Schools performed below the state average in their elementary schools but well above the state average in middle school. The poor performance, returns at the high school level. Lincoln County High schools performed considerably below the state average at the high school level. Elementary School, KCCT Test - Academic Index - 2008 Reading Mathematics Science Writing Portfolio Writing on Demand Social Studies Arts & Humanities Lincoln 90.0 89.2 88.7 93.5 78.5 78.1 70.2 Boyle 99.9 96.6 103.5 94.6 82.7 82.6 68.7 Casey 89.7 88.0 100.5 89.6 80.2 76.7 64.2 Garrard 95.5 101.7 103.5 91.1 87.1 95.4 84.8 Pulaski 95.7 103.0 98.1 104.5 90.0 92.0 85.6 Rockcastle 106.3 116.5 124.2 103.5 97.4 105.4 100.6 KENTUCKY 94.5 96.9 97.4 94.7 84.1 86.4 79.0 37 Middle School, KCCT Test - Academic Index - 2008 Reading Lincoln Mathematics Science Writing Portfolio Writing on Demand Social Studies Arts & Humanities 97.4 96.6 102.0 85.0 83.9 91.9 88.9 Boyle 104.0 98.8 94.8 93.9 93.8 110.1 109.7 Casey 93.8 87.4 86.8 89.7 77.2 84.2 96.3 Garrard 90.0 87.4 90.6 93.9 73.6 76.1 79.3 Pulaski 95.0 84.7 91.0 97.3 79.2 87.9 93.0 Rockcastle 93.8 98 101.1 97.6 89.6 107.5 93.4 KENTUCKY 91.5 85.0 87.7 84.5 77.3 86.1 83.9 High School, KCCT Test - Academic Index - 2008 Reading Mathematics Science Writing Portfolio Writing on Demand Social Studies Arts & Humanities Lincoln 80.4 58.5 64.8 69.8 67.9 62.1 70.1 Boyle 89.9 72.6 77.2 74.4 69.1 79.1 88.2 Casey 85.6 65.5 68.6 77.1 76.5 61.9 91.6 Garrard 92.8 68.9 72.0 74.0 66.9 74.2 77.7 Pulaski 85.8 73.2 77.5 82.6 71.1 83.3 99.6 Rockcastle 92.0 63.6 71.9 84.0 76.7 67.6 79.3 KENTUCKY 87.7 67.7 71.0 78.3 72.0 73.2 86.4 The ACT is a college readiness exam that is widely accepted in the United States. It is used to assess high school students’ general educational development and their ability to be successful 38 in college. All high-school juniors in Kentucky are required to take the test. The possible range of scores is 1 to 36. A composite score of 21 or above suggests a student is ready for collegelevel work. A score below 21 indicates a need for concern. The ACT is broken down into Reading, Mathematics, English and Science and the full results for the counties can be found on the District Report Card provided by the Kentucky Department of Education. Lincoln County is performing below its neighboring counties and the state with an average composite score of 17.0. The following table and chart show the composite scores for Lincoln and surrounding counties as well as the state as a whole. ACT Scores, 2008 Composite Score Lincoln 17 Boyle 18.9 Casey 17.6 Garrard 17.9 Pulaski 18.1 17.1 Rockcastle KENTUCKY 18.3 Kentucky Department of Education, District Report Cards ACT SCORES KENTUCKY Rockcastle Pulaski Garrard Casey Boyle Lincoln ACT Test, 11th Grade, 2008 16 16.5 17 17.5 18 18.5 19 EXPLORE and PLAN are assessments given by ACT, Inc. to predict high school and college success and to indicate progress. These tests are also expected to prepare students for the ACT. Eighth 39 graders are given EXPLORE and tenth graders are given PLAN. The assessments are broken down into Reading, Mathematics, English and Science just as the ACT is and the full results for the counties can be found on the District Report Card provided by the Kentucky Department of Education. The following tables show the composite scores for Lincoln and surrounding counties as well as the state as a whole. EXPLORE Test (8th Grade), 2008 Composite Score Lincoln 14.3 Boyle 15.6 Casey 14.3 Garrard 14.1 Pulaski 14.3 Rockcastle 14.2 KENTUCKY 14.5 Kentucky Department of Education, District Report Cards PLAN Test (10th Grade), 2008 Composite Score Lincoln 15.5 Boyle 17.0 Casey 15.8 Garrard 16.5 Pulaski 15.7 Rockcastle 16.0 KENTUCKY 16.3 Kentucky Department of Education, District Report Cards 40 Healthcare Lincoln County ranks above the state average on many health indicators. Relative strengths of Lincoln County include low obesity rates, good oral health, low diabetes and low prostate and breast cancer rates. Health challenges for Lincoln County include high occupational fatalities, high smoking and high lung/bronchus cancer rates. The table below uses data from the Kentucky Institute of Medicine’s 2007 publication, The Health of Kentucky: A County Assessment. Indicator Lincoln County Kentucky 6 8 Prevalence of Diabetes (% adults) 4% 9% Occupational Fatalities (per 100,000 workers) 16 8 7,118 9,111 236 237 383 409 Prevalence of Smoking (% adult population) 33% 29% Prevalence of Youth Smoking (% high school students) 30% 25% Prevalence of Obesity (% adult population) 17% 29% Oral Health (% adults missing 6 or more teeth) 29% 37% 16% 15% 1.4 2.5 77% 80% Infectious Disease (per 100,000 population) Premature Deaths (years lost per 100,000 population) Cancer Deaths (per 100,000 population) Cardiovascular Deaths (per 100,000 population) Uninsured Population (% under age 65) Primary Care Physician to Population Ration (1:3, 500) Immunization coverage (% children 19 - 35 months) 41 Health and Elderly Care Facilities Ephraim McDowell Fort Logan Hospital is a 25-bed critical access hospital located in Lincoln County. It is a division of the Ephraim McDowell Regional Medical Center in Danville, Kentucky. The Stanford facility opened in April 2008 and offers inpatient and outpatient health care and emergency services, including cardiopulmonary, diagnostic, dietary, maternal care, surgical and laboratory services. Comprehensive rehabilitation services, including physical and occupational therapy and speech/language pathology, are also available. A Critical Access Hospital (CAH) is a hospital that is certified to receive cost-based reimbursement from Medicare. The reimbursement that CAHs receive is intended to improve the financial viability and stability of rural hospitals and to reduce hospital closures providing quality medical care in rural areas. MedSource of Stanford, located within the hospital building, is also available to supply in-home medical equipment and supplies along with delivery and educational support. The Lincoln County Senior Citizens Center provides social services to the elderly including case management, in-home services, transportation, information and assistance, and community education and advocacy. The Center also offers recreational classes and activities and serves lunch Monday through Friday to eligible seniors 60 years and older. Quest Adult Day Care Center is a privately-owned adult day care center providing skilled daily nursing care as well as social activities. The center operates a twice daily shuttle service. The Golden Living Center is a 98 bed facility offering short term rehabilitation and long term care services. Construction is underway to add 30 beds, which are expected to be available in June 2009. Tourism and Recreation Tourism had a $8.4Million economic impact on Lincoln County in 2005 with strong year over year growth. 2005 Economic Tourism Impact Boyle Garrard Lincoln 2005 Expenditures 50,257,820 2,526,599 8,429,821 2004 Expenditures 47,886,143 2,423,880 8,019,535 2003 Expenditures 43,072,308 2,316,889 7,370,999 04/05 growth 5.00 4.20 5.10 03/04 growth 16.70 9.10 14.40 42 Source: KY Department of Tourism The list of historic “firsts” described in the first part of this paper, have left a legacy of historic attractions. Some of the historical tourism opportunities in Lincoln County are the William Whitley House, L & N Depot, Alcorn Homestead, and Logan’s Fort Historical Marker (the remnants of the Fort are being restored). In 2008, Lincoln County was granted $750,000 in Transportation Enhancement funds to be used for the preservation of Traveler’s Rest. This historic farm was developed by Isaac Shelby, Kentucky’s first and fifth governor. The original deed was the “first” recorded in the new county and it was signed by Thomas Jefferson in 1779. Lincoln County is also the place where the first races going counter-clockwise on a round track were held. Horses were first raced counter-clockwise by William Whitley, an original inhabitant of Fort Logan. Fort Logan was settled in 1775 by Benjamin Logan and Whitley was an Indian fighter and horseman. An important historic tourism site in Lincoln County is the William Whitley House, where Mr. Whitley and his family resided. Sportmans Hill, where the first races where held, is being considered for re-vitalization into a race track facility. Racing became part of the culture of Lincoln County and a core part of their tourism efforts. There are now four raceways in Lincoln County, including Shelton’s Dirt Bike And ATV Racing, Lightning Valley Motorsports, Ponderosa Speedway, and Big Daddy’s RC Racing. The Stanford L&N Railroad Depot & Museum , also known as Baughman's Mill and Stanford Railroad Depot, is a historic train depot located in Stanford built in 1911. This site provides Lincoln County with another excellent opportunity for historical tourism. One of the newest and possibly most hopeful tourism opportunities for Lincoln County is Cedar Creek Resort and RV Park. The park has 35 sites available for RVs and 15 available tent sites. There is basketball, horseshoes and volleyball courts available for guests as well as swimming and fishing in Cedar Creek Lake. The lake is stocked with largemouth bass, crappie, bluegill, sunfish, and channel catfish and was voted the 30th in the nation for bass fishing in the nation be Field and Stream magazine. An abbreviated list of tourist and recreational activities in Lincoln County is as follow: Outdoor Recreational Activities 1) 2) 3) 4) 5) 6) Cedar Creek Resort & RV Park Rutarian Park Atwood’s Driving Range Dix River Country Club First Southern Veteran’s Park and Recreation Center Logan-Hubble Park 43 Entertainment Activities 1) Stanford Drive-In 2) Shelton’s Dirt Bike and ATV Racing 3) Lightning Valley Motorsports 4) Ponderosa Speedway 5) Big Daddy’s RC Racing 6) Cage Fighting at King Mountain Memorial Gym Historical Activities 1) 2) 3) 4) 5) 6) Isaac Shelby Cemetery William Whitley House State Historic Site Stanford Historic L & N Dept and Museum Alcorn Homestead Logan’s Fort Historical Marker Traveler’s Rest farm Agritourism 1) 2) 3) 4) 5) 6) 7) 8) 9) 10) 11) 12) Amish Area-Crab Orchard Crab Orchard Produce Market Trail of Greenhouses Stanford Farmers Market Wilderness Road Farm Little Piece of Paradise Farm Yoder Greenhouse Bylers Produce Clear View Acres Brummett’s Orchard Harman Creek Produce Rocky Mountain Horse Farm 44 Government Expenditures In fiscal year 2004, Lincoln County’s financials were as follows: o Federal Government expenditure: $140,952,000 ($5679 per capita) o Department of Defense expenditure: $7,968,000 o Federal direct payments to individuals for retirement and disability: $62,243,000 o Federal other direct payments to individuals: $26,975,000 o Federal direct payments not to individuals: $833,000 o Federal grants: $41,190,000 o Federal procurement contracts: $748,000 ($0,000 Department of Defense) o Federal salaries and wages: $8,964,000 ($5,843,000 Department of Defense) o Federal Government direct loans: $501,000 o Federal guaranteed/insured loans: $9,779,000 o Federal Government insurance: $2,819,000 45 Property Tax The property tax rates for all jurisdictions in Lincoln County are shown below. The tax revenue goes to the local government. Local Property Tax Rates, 2008 Property Taxes Per $100 Valuation Taxing Jurisdiction Real Estate Tangibles Motor Vehicles County Lincoln $0.2730 $0.3180 $0.2710 Crab Orchard $0.1250 $0.1250 $0.1800 Hustonville $0.1150 $0.2806 $0.1840 Eubank $0.2300 $0.2300 $0.2300 Stanford $0.1290 $0.1450 $0.1400 $0.3830 $0.3830 $0.5420 City School District Lincoln County Schools Kentucky Department of Revenue 46 Local Occupational Tax Cities, counties and school districts may levy an occupational license tax on the net profits of businesses and/or on the salaries and wages of employees earned in the jurisdiction. Rates can vary between the two types of occupational license taxes. Occupational license taxes may be levied on businesses as either a flat rate schedule or as a percent of apportioned net profits or gross receipts. Where both the city and county levy an occupational license tax, a credit may be given, at the option of the local government, for the amount paid to the city against the occupational license tax of the county. The table below shows these rates for Lincoln County. Taxing Jurisdiction Tax Rate on Salaries/Wages Tax Rate on Salaries/Wages County Lincoln 1.00% 1.00% Crab Orchard No tax No tax Hustonville No tax No Tax Stanford 0.65% 0.65% No tax No tax City School District Lincoln County Schools Kentucky Department of Revenue Occupational Tax is a direct way that jobs and businesses in a county affect a local economy. The tax revenue goes to the county in which the wages are earned. The mean distance for a Lincoln County resident to travel to work is 26.9 miles. Many residents of Lincoln County work in neighboring Boyle County and the local Lincoln County government is not receiving the revenue from their employment. A list of Lincoln County elected officials is attached as attachment E. 47 Environment Air quality in Lincoln County, KY is 81 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA. Water quality in Lincoln County, KY is 60 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators. Superfund index is 99 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts. Air Quality Water Quality Superfund Sites Physician/100K LC 81 60 99 45.3 US 48 55 71 169.7 http://www.bestplaces.net/county/Lincoln-Kentucky.aspx# Public Safety Lincoln County, KY, violent crime, on a scale from 1 (low crime) to 10, is 1. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3. Lincoln County, KY, property crime, on a scale from 1 (low) to 10, is 1. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the thefttype offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3. (http://kspsor.state.ky.us/) Crime 2004 2005 Murder 0 0 Rape 0 0 Robbery 0 0 Aggravated Assault 2 1 Burglary 28 36 Larceny Theft 43 56 48 Motor Vehicle Theft 4 5 www.city-date.com Domestic Violence Domestic Violence Quintile 5 LC Average LC rates (per # cases 1000) 494.7 19.7 KY rates (per 1000) 13.4 Filings for Domestic Violence Protection Order 5 378.7 15.1 8.9 Charges of Assault/Spouse Abuse Abuse cases reported to APS 3 5 66 2.6 46.7 1.9 3 1.2 Adult Resident Admissions in domestic violence shelters 2 3.3 0.1 0.04 http://www.ca.uky.edu/hes/fcs/heel/social/Domestic_Violence_Profile_1/PDFs/LincolnDom1.pdf Domestic violence is higher in Lincoln County than in the state of KY. In the above chart the rates are divided into Quintiles. Counties with Quintile 5 have the highest rate for a specific indicator while those in Quintile 1 have the lowest. There are 31 registered sex offenders in Lincoln County. Sex Offenders by County 70 60 50 40 30 Registered Sex offenders 20 10 0 In 2005 and 2006, the most recent available data, fatal accidents and alcohol related fatal accidents have been twice the state rate (http://www.city-data.com/county/Lincoln_CountyKY.html). This may relate to the wet/dry issue in part. “A study of about 39,000 alcohol-related 49 traffic accidents in Kentucky found that residents of dry counties are more likely to be involved in such crashes, possibly because they have to drive farther from their homes to consume alcohol, thus increasing impaired driving exposure. The study concludes that county-level prohibition is not necessarily effective in improving highway safety. (Schulte, G., et al. Consideration of driver home county prohibition and alcohol-related vehicle crashes. Accident Analysis & Prevention, 1993, 35(5), 641-648) Crime Rate Index (Lincoln County) The Crime Index suggests the risk of certain types of crimes occurring in this community as compared to the national average. The national average for each type of crime equals to a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average. 100 National Average 17 10 7 24 6 11 22 35 18 11 Total Personal Murder Rape Robbery Assault Property Burglary Larceny MV Theft https://www.schoolfolks.com/community/65505 Housing There are 7265 owner occupied homes in the county and 1941 rental properties or apartments. Of these, 70% are single family detached dwellings, 23% are mobile homes with the remaining 7% in multi-unit or attached dwellings. Home ownership rates are higher than in the state as a whole. Housing 90 80 70 60 50 40 LC 30 KY 20 10 0 Housing unit % increase 2000-2006 Homeownership rate persons per household 50 The housing stock is fairly new with 62% (higher in the county, lower in Stanford) constructed after 1970. 12% of existing homes lack basic facilities: o Plumbing (2%) o A kitchen (2%) o Telephone (8%) The high lack of telephones to some degree reflects the Amish community. This population intentionally has limited phone access. Housing costs are relatively low with 80% of residents paying less than 30% of household income for housing. The county had 1,761 rental units with 78% of renters paying less than $500/month. 18.7% of renters paid no cash rent. While this number seems high, it is probably due to the agricultural nature of the county where lodging is provided in exchange for farm or other types of labor. Renters pay a much higher percentage of their income on rent than homeowners pay for housing. Per the Stanford Comprehensive Plan, 53% of renters in the county spent 35% or more of their income on rent. The median home price was $89,369 in 2007 up from $60,800 in 2000. Connectivity Lincoln County appears to lag the state somewhat with regard to Internet access and usage. In 2006 Kentucky adopted Broadband availability as a major initiative to move the state forward via Internet access. ConnectKentucky is a statewide program that “develops and implements effective strategies for technology deployment, use, and literacy in Kentucky, creating both the forum and the incentive for interaction among a variety of people and entities that would not otherwise unite behind common goals and a shared vision.” Based on current information from ConnectKentucky, the state now has 95% coverage while Lincoln County has 81% coverage. (Rene True - 2009) The ConnectKentucky group which had been driving the connectivity process in the state and who was the recipient of the Economic Development Administration's Excellence in Innovation Award, is currently largely without funding and has stopped meeting with the individual counties redirecting responsibility back to the individual counties for continuing the process. 51 Connect Kentucky’s 2006 County profile for Lincoln County rated the county on a scale of 0-5, 5 being highest in the following areas: Networked Places Applications and Services Leadership Business and Industry 3 3 3 Education 3 3 3 Healthcare 2 2 2 Libraries 4 3 3 Community Based Orgs 3 2 4 Government 3 2 3 Tourism, Parks, Rec 2 2 2 Agriculture 2 2 2 Comments: Of the more than 500 small businesses in the County fewer than 50 have websites The Lincoln County Library has no website The Lincoln County office website ranked 59th out of 59 official county websites across the state. Stanford’s official website ranted 88th out of 116 official city websites with Hustonville’s website 116th on the same list. Transportation Transportation is a critical element of the economic development of every community. Roads can have a significant effect on the economy in developed and undeveloped areas. Good road access can help a business or industry thrive and new roads will possible attract new businesses in an area. Lincoln County is located approximately 25 miles from the closest interstate or parkway. The table below identifies the county roadways in and around Stanford as identified by the Kentucky Transportation Cabinet. Classification of streets, roads and highways is based on the type of service and function they provide. County roads an essential part of the transportation system. Many of these roads in Lincoln County are narrow, winding and incapable of dealing with heavy or high-speed traffic. 52 Kentucky State Rural Road System, Lincoln County Description Stanford Roads Rural Principal Artery Roads serving corridor movements of substantial statewide or interstate travel US 27, US 150, US 127 Rural Minor Arterial Roads linking cities and other traffic generators with trip lengths and road capacities greater than those of rural collectors or local systems KY 78, US 150, KY 1778, KY 1781, KY 643, KY 501 Rural Major Collector Roads serving inter-county travel at lower speeds than arterial roads Supplemental Roads Roads providing access to adjacent land serving travel of relatively short distances KY 198, KY 300, KY 1247, KY 698 Other Country Roads Bluegrass Area Development District – Stanford Comprehensive Plan - 2008 As of February 2008, the Kentucky Transportation Cabinet Six-Year Highway Plan (FY 2008-2014) included one project in Lincoln County. Project 07-196.01 will widen 14 miles of US 27 from KY 34 in Lincoln County to the US 150 Bypass west of Stanford Two air transportation facilities serve the Lincoln County area. The nearest public airport facility to Lincoln County is Stuart Powell Field. It is located about 10 miles away. It averages 49 aircraft operations per day. Blue Grass Airport is located approximately 50 miles from Lincoln County in Lexington and averages 222 aircraft operations per day. The nearest rail service is in Boyle County, approximately 10 miles away. The provider is the Norfolk Southern Corporation, a Class I Railroad operating 445 miles of track in Kentucky. This line begins as two separate lines, originating in Cincinnati and Louisville, which merge at the Mercer/Boyle County line and continue south to the Kentucky/Tennessee border in McCreary County. Land Use The existing land use listed below for Stanford and the areas in the county outside the city limits were determined using aerial photos, field inspections, GIS mapping and extensive conversations with the Planning Commission. Currently developed areas are designated as existing, while currently underdeveloped land is categorized as future. A lot of the land outside 53 and adjacent to the city limits of Stanford has been assigned a future land use as determined by The Land Use Plan for Stanford. Land Use, 2008 Land Use (acres) within city limits Land Use (acres) outside city limits Existing Existing Future Future Residential 859 2 11 968 Commercial 197 24 34 19 63 0 0 0 Agriculture 395 0 not stated not stated Public/Semi-Public 113 0 0 253 83 0 Industrial Central Business District n/a n/a Bluegrass Area Development District – Stanford Comprehensive Plan - 2008 F. Summary Lincoln County enjoys many advantages. The population is increasing; there is ample affordable and buildable land for both residential and commercial development. Leadership is probusiness with good support and engagement from the Chamber and Economic Development Authority. While access to capital for start-ups is a challenge in most rural areas, Lincoln County has several active Banks, good Agriculture financing, and there is at least an awareness of and some utilization of state and federal programs. From a quality of life perspective, again, Lincoln County has much to offer. The cost of living is relatively low while amenities are fairly high. There are ample recreational opportunities, health care has improved dramatically with the opening of the new hospital, and other necessary services are adequate. The general health of the community is good with lower than average air and water pollution. The county has several tourist attractions and good recreational opportunities. In general the community’s self-image seems to be strong with positive citizen and community attitudes. Challenges facing the county include: 54 Education – test scores at the local schools are poor, leadership turnover has been high, high school and college graduation rates are low. 60% of the County’s employees commute to locations outside the county for work. This means that many of their earned dollars are not coming back into the community where they live. The percentage of the population living below the poverty line is above the state average. Unemployment is above the state average and is rising. Per capita income is low and the discrepancy between female and male income is high. Occupational death rates and death rates due to accidents are high. Shift-share and Location quotient analysis suggest that the county is focused on industries which are declining nationwide – manufacturing and farming. Connectivity is in its infancy and lacks focus. The farming population is aging and they face a lack of profit potential in traditional methods of Agriculture. “What I am very concerned about are for those farmers who based upon a wide variety of factors (e.g. off-farm employment layoffs, depressed livestock prices, buyout dollars already spent) might be contemplating getting back into the tobacco production business without a sound marketing plan.” Prof. Will Snell Roads are a challenge in the county with a lack of major interstate access but this issue was not given substantial weight in our appraisal because it is somewhat outside of local control and it is not a panacea in any case. G. Recommendations General Develop a community vision involving many stakeholders in the process. Given that Lincoln County has demonstrated entrepreneurial successes and has a historical, pioneer-spirit attitude, the community seems appropriate for a vision that focuses on entrepreneurship development. Once that vision has been developed it needs to be clearly articulated to the community. Consolidate the various Economic Development plans for the County into one Comprehensive plan that is time-bound and future oriented. While the question of 55 “where we are today” seems to be adequately answered in many places, the question of “where we are going” seems less developed. Consider a leakage analysis to be used in conjunction with Shift-share and Location quotients to determine what businesses might make sense for Lincoln County. Encourage banks to participate in Individual Development Account program. Attachment F Education The importance of education to economic prosperity cannot be overemphasized. Education is vital to the growth of business in an area. Local characteristics like educational attainment of the population and other characteristics of the labor market directly affect the profitability of a firm and in turn encourage businesses to locate in counties with a well-educated population (Rosenthal & Strange, 2001). The quality of education gained in primary and secondary schools is seen as a key indicator of the chances for growth in a community. A strong K-12 educational system is vital for developing talent and attracting businesses; specialized training and talent are often more important to firms than the size of the local workforce; and universities are the major cause of innovation in almost all regions (Porter,2003). Education produces quality labor and this often makes the decision for a firm looking to relocate (or locate). Access to quality labor is extremely influential in the firm location decisions of service- based firms, regardless of whether the size of the potential market areas is large (state) or small (town/city) (Schmenner, 1994). Information Technology has become a necessity for almost all industries and the presence of skilled (educated) laborforce is critical to the use and production of information technology (Bresnahan et al., 2002). A poorly educated county is less likely to produce and/or use information technology and will experience low demand for skilled workers. Recommendations for improving the education system in Lincoln County include: 1) Improve Standard Curriculum Stabilize school leadership Implement tough teacher standards and evaluations Develop school “purpose statement” and vision Develop comprehensive plan for utilization of American Recovery and Reinvestment Act funds ($924 mil for Kentucky Schools) (www.kde.state.ky.us/KDE) 56 2) Create an Entrepreneurial Curriculum Recruit area business owners as guest speakers and student mentors Explore training programs such as Rural Education through Action Learning (www.cfed.org/go/real) and DECA (www.deca.org) Share a floating trainer between school districts in the region Involve students from local colleges and universities via SIFE program (www.sife.org) Partner with local colleges and universities via College Now program Supplement teaching with online content Source: Effective Entrepreneurship Education Programs (Joseph Kayne) Workforce Development For all the same reasons education is important to a community, workforce development plays a significant role in the overall development of a community. Educating the youth of Lincoln County is certainly a large part of workforce development for the future but steps need to be taken to ensure the current labor force has the skills they need and want in order to be competitive to today’s job market. Recommendations for improving workforce development in Lincoln County include: Identify opportunities for Lincoln County residents by reaching out to the global community in search of companies looking for remote employment Partner with technical schools to provide the training necessary to market the Lincoln County workforce to these global companies Leverage Bluegrass State Skills Corporation programs. Business Retention Since 40-80% of jobs are created by existing businesses, Lincoln County should focus on knowing its existing businesses in a more “formal” way as opposed to ad-hoc. The University of 57 Minnesota has a program that outlines steps to nurture business retention in a community. The basics of their program include: Firm Visits and administer survey (sample survey attached) Red flag follow up on issues raised in surveys Strategic planning based on survey results developing an action plan Implement projects identified in the action plan www.extension.umn.edu Entrepreneurship Consider development of office/business development space with potentially shared facilities (conference room, receptionist, office equipment, etc) to provide cost effective space for start-up businesses. Cooperate with neighboring counties to share ideas, build networks and to attract resources. Use Kentucky Entrepreneurial Coaches Institute to develop a local coach. Offer training programs provided by KECI, MACED, Kentucky Small Business Development Centers and others. Utilize existing entrepreneurs to create a support and mentor network. Expand on this by developing a mini-workshop series devoted to everything an entrepreneur in Lincoln County needs to know. Identify community “angels” and provide opportunities for potential investors to come together with emerging business opportunities. Use the EKU Small Business Development Center for training and consulting services Use the RUPRI Center for Rural Entrepreneurship process for assessing community “readiness” (www.energizingentrepreneurs.org) 58 Education and Entrepreneurship The school system could become a focal point for entrepreneurial development and training for both students and adults. Numerous organizations are already in existence to assist in developing youth entrepreneurship and entrepreneurship education: The Consortium for Entrepreneurship Education (www.entre-ed.org) offers curriculum and support for educators looking to develop entrepreneurship education programs in their communities. Rural Entrepreneurship Through Action Learning (REAL – www.ncreal.org) is dedicated to helping entrepreneurship and small business development through training programs and curriculum. DECA is an international organization of students with business, marketing or entrepreneurship interests. The programs are related primarily to developing career skills and business leadership capabilities. (www.DECA.org) Connectivity Leadership to acknowledge the Internet access is a problem. Make high speed internet access a priority and develop relevant and time-bound action plan for bringing true “highspeed” access to the community. Lead by example updating the county and Stanford websites using professional design standards. Ensure easy access via search engines. Ensure tie-in with greater Kentucky websites. Offer “package deal” for businesses willing to develop a website. Consider shared hosting and shared web design at attractive prices Ensure that any new development, residential or commercial is pre-wired for high speed. Agriculture Encourage youth involvement activities in farming through 4-H and other groups Develop a one-stop shop concept for farming outlining how to get started, how to get financing, how to develop a business plan, as part of a program to recruit new farmers. 59 Be creative in developing an income producing enterprise within the farm Focus on higher margin products, organic and locally grown trends for example. Leverage the growing world demand for meat. 60 Attachment A Meeting Agenda 4/16/2009 Economic Development Lincoln County, KY A. Who We are and What We are Doing B. How Economic Development Works in Lincoln County C. Recent Successes in Business Development D. Marketing Efforts to Attract People to Lincoln County E. Economic Development Challenges in Lincoln County F. Resources and Assistance Provided for Development G. Agriculture Opportunities/Agribusiness H. Quality of Life in Lincoln County I. Miscellaneous Contact Information Ashley Carr Cruickshank Laura D’Antonio 859.257.5860 949.375.3771 ashley.carr@uky.edu laurajeand@hotmail.com 61 Attachment B Meeting Questions 4/16/2009 Economic Development Lincoln County, KY J. Who We are and What We are Doing K. How Economic Development Works in Lincoln County 1) Structurally, how does economic development work in LC? Who does what? 2) Are they private groups or gov’t groups? 3) Who does what amongst the people in the room? Relationship between the chamber and businesses? 4) The economic development plan – does the county have a written one with a formal process or is it more ad hoc? 5) What’s the overriding goal of the plan? 62 L. Recent Successes in Business Development 1) What are some current successes in recent business development efforts? What made these efforts successful? Have they resulted in “clusters” or other spin-offs? Were they “push or pull”? a) Hospital b) Community Center c) Tin Men Company d) Produce Market e) Plans for new road improving access to Industrial Park M. Marketing Efforts to Attract People to Lincoln County 1) Are there current marketing efforts underway to “show off” LC in order to attract new businesses? 2) What are their thoughts on luring large businesses versus growing small businesses? 3) What are some tourism opportunities in the county? How are they being developed? 63 N. Economic Development Challenges in Lincoln County 1) What are the top development challenges facing LC? 2) How are they doing with the connectivity initiatives? How do they get more connected? 3) Are their Infrastructure issues that are hindering development in their community? What are they and how are they addressing them? O. Resources and Assistance Provided for Development 1) What resources are currently in place to assist local firms: a. Access to Financial Capital b. Technical assistance c. Networking with peers and mentors 2) What about education and training? What are the opportunities for education either for preparation as entrepreneurs or training for employment? 3) What kinds of things are you doing to improve education levels – secondary education levels specifically? 64 4) What relationship does the County have with some of the larger, regional development offices & agencies ? a) Southeast Kentucky Economic Development Corporation b) Bluegrass Area Development District 5) What assistance (tax breaks, incentives, loans, grants, training) is available to firms seeking to locate in LC and seeking to expand in LC? P. Agriculture Opportunities/Agribusiness 1) What are some of the challenges and opportunities in Agriculture in LC? 2) Where is Agribusiness going? What are some initiatives/successes in this area? 3) What impacts have the following had: a. Tobacco buy-out b. Lancaster stockyard closure/new stockyard 65 c. Going local campaigns d. Produce market Q. Quality of Life Attributes in Lincoln County 1) What are some quality of life advantages/disadvantages in Lincoln County? 2) What amenities do they have to offer? What more could they do? R. Miscellaneous 1) What businesses are needed in the county? 2) Assuming County resources are limited, where should the county focus its energies? What will give the biggest “bang for buck”? 66 Attachment C 2003 (HB269):: WRIS Project Title County Entity ACDF ATDF ASCC Administrator City Of Stanford Water WX21137002 Commission - Buckcreek Lake Water, Phase I And II Lincoln City of Stanford Suzanne $0.00 $1,000,000.00 $0.00 Water Commission Anderson Lincoln County Fiscal Court WX21137013 Old Falls Lick And North 27 Water Lincoln Garrard County Water Associaton $0.00 $38,988.00 $0.00 Suzanne Anderson Lincoln Lincoln County Fiscal Court $0.00 $60,000.00 $0.00 Suzanne Anderson WX21137011 Lincoln County Fiscal Court -Eubank Water 2020/Fund B (HB502):: WRIS Project Title County Entity Administrator KIA2020 WX21137001 Crab Orchard water & sewer system improvements pII Lincoln WX21137003 McKinney Water District/Boneyville Road Interconn Lincoln KIAB City of Crab Orchard Suzanne Anderson $190,000.00 $0.00 McKinney Water District Suzanne Anderson $10,000.00 $0.00 2000 (HB502) Community Development:: Project Code COUNTY Project Title ADDNAME Entity Amount Projects From GMS (loan):: LoanId Project Code Company County Amount Description City Status 0245 A91-13 City of Stanford A91-13 Lincoln $685,289.00 A-WASTE WATER REVOLVING Stanford Active 0246 C88-41 City of Stanford C88-41 Lincoln $540,792.65 C-99J RF89A RF7378798088A Stanford Paid Off 0247 C89-58 City of Stanford C89-58 Lincoln $673,355.00 C-89B GOVT AGENCIES Stanford Paid Off 2004 (HB267), 2006 (HB380), 2008 (HB608) and (HB410):: ProjID WRIS Grant Project Title ID County Entity Project Amount Grant Amount Balance HB 1925 City of Stanford Water Commission City of Wastewater 249NStanford SX21137003 Treatment LINCOLN $1,551,600.00 $1,551,600.00 $1,551,600.00 608 2008 Water Plant Commission Expansion Project (SX21137003) 101 Lincoln County Fiscal Court Lincoln 165T- Crab Orchard / SX21137005 LINCOLN County 2005 Standford Fiscal Court Sewer Extension 102 SX21137006 165T- Lincoln County Lincoln LINCOLN 2005 Fiscal Court County $50,000.00 $500,000.00 $24,750.00 267 $450,000.00 $500,000.00 $2,592.15 267 67 Crab Orchard / Standford Sewer Extension Fiscal Court 524 Lincoln County Fiscal Court Lincoln 167T- Lincoln County SX21137008 LINCOLN County 2005 Sewer Lines Fiscal Court Foster Lane Extension $100,000.00 $100,000.00 $6,619.00 267 1087 City of Crab Orchard 371NSX21137010 Various Water 2007 and Sewer Projects City of Crab Orchard $180,000.00 $250,000.00 $13,475.33 380 333 Lincoln County Fiscal Court Water Line Lincoln 169T- Extensions and WX21137016 LINCOLN County 2005 Rebuild Failing Fiscal Court Water Lines for McKinney Water $150,000.00 $150,000.00 $49,699.61 267 1092 City of Stanford 373NWX21137018 Various Water 2007 and Sewer Projects $118,802.00 $300,000.00 $0.00 380 525 Lincoln County Fiscal Court Water Lines Lincoln 168TWX21137019 and Sewer LINCOLN County 2005 Lines in First Fiscal Court Southern Veterans Park $300,000.00 $300,000.00 $0.00 267 526 Lincoln County Fiscal Court Lincoln County Water Line Extensions Boone Lincoln 166T- Connector WX21137021 LINCOLN County 2005 Extension, Fiscal Court Chancelor Road, Hawkins Branch, Henry Clay Road, Old Ottenheim South $240,000.00 $240,000.00 $0.00 267 527 Lincoln County Fiscal Court Water Line Lincoln 164TWX21137022 Extensions into LINCOLN County 2005 Lincoln County Fiscal Court from Eubank Water $110,000.00 $110,000.00 $41,389.59 267 528 Lincoln County Fiscal Court Lincoln 170T- Houstonville WX21137023 LINCOLN County 2005 Water Line Fiscal Court Repair and Expansion $100,000.00 $100,000.00 $0.00 267 1096 WX21137026 373N- City of $24,000.00 $300,000.00 $1,145.00 380 LINCOLN LINCOLN City of Stanford LINCOLN City of 68 2007 Stanford Various Water and Sewer Projects Stanford 1093 City of Stanford 373NWX21137028 Various Water 2007 and Sewer Projects LINCOLN City of Stanford $61,000.00 $300,000.00 $2,078.53 380 1094 City of Stanford 373NWX21137029 Various Water 2007 and Sewer Projects LINCOLN City of Stanford $30,300.00 $300,000.00 $366.00 380 1095 City of Stanford 373NWX21137032 Various Water 2007 and Sewer Projects LINCOLN City of Stanford $63,265.00 $300,000.00 $3,013.48 380 1086 City of Crab Orchard 371NWX21137033 Various Water 2007 and Sewer Projects LINCOLN City of Crab Orchard $70,000.00 $250,000.00 $2,450.00 380 2256 City of Hustonville 372NWX21137035 Various Water 2007 and Sewer Projects LINCOLN City of Hustonville $150,000.00 $150,000.00 $150,000.00 380 2004 (HB267), 2006 (HB380),2008 (HB608) and (HB410) with no Projects:: Grant Amount HB Available For Allocation GrantID Project Title County Entity 247N2008 City of Crab Orchard - Sewer Lift Station Cedar Creek Area LINCOLN City of Crab Orchard $90,000.00 608 90000.0000 248N2008 City of Crab Orchard - Upgrade Waterlines at Stingy Creek Road and Fall Lick Road LINCOLN City of Crab Orchard $158,400.00 608 158400.0000 373N2007 City of Stanford - Various Water and Sewer Projects LINCOLN City of Stanford $300,000.00 380 2633.0000 375N2007 McKinney Water District - Water Extension McKinney Connect Hustonville at Moreland (HB LINCOLN Water District 557/EN) $150,000.00 380 150000.0000 http://wris.ky.gov/KIAProjWeb1/Search.aspx 69 Attachment D Colleges & Universities Within 60 Miles of Stanford Miles Institution Location Enrollment (Fall 2007) 7 Eastern Kentucky University, Lancaster Higher Education Center Lancaster 110 9 Bluegrass Community & Technical College, Danville Campus Danville N/A 9 Centre College Danville 1,188 9 Eastern Kentucky University, Danville Campus Danville N/A 9 National College -Danville Branch Danville N/A 20 Berea College Berea 21 Somerset Community College, Casey Center Liberty 23 Asbury College Wilmore † 1,391 23 Asbury Theological Seminary Wilmore N/A 25 Eastern Kentucky University Richmond 15,839 25 National College - Richmond Branch Richmond N/A 31 Somerset Community College, Somerset North Campus Somerset † 7,113 31 Somerset Community College, Somerset South Campus Somerset N/A 35 Saint Catharine College St.Catharine 673 37 Bluegrass Community & Technical College, Cooper Campus Lexington 37 Bluegrass Community & Technical College, Lawrenceburg Campus Lawrenceburg N/A 37 Bluegrass Community & Technical College, Leestown Campus Lexington N/A 37 Bluegrass Community & Technical College, Regency Campus Lexington N/A 37 Indiana Wesleyan University - Lexington Education Center Lexington N/A 37 Lexington Theological Seminary Lexington N/A 37 National College -Lexington Branch Lexington N/A 37 Spencerian College, Lexington Campus Lexington N/A 37 Strayer University - Lexington Campus Lexington N/A 37 Sullivan University, Lexington Campus Lexington N/A 37 Transylvania University Lexington 1,147 37 University of Kentucky Lexington 26,648 40 Campbellsville University Campbellsville 2,562 40 Somerset Community College, Russell Center Russell Springs N/A 1,582 N/A 11,617 70 41 Bluegrass Community & Technical College, Winchester - Clark Co. Campus Winchester N/A 42 Somerset Community College, Laurel North Campus London N/A 42 Somerset Community College, Laurel South Campus London N/A 43 Midway College Midway 1,416 46 Lindsey Wilson College Columbia 1,893 47 Georgetown College Georgetown 1,903 47 Kentucky State University Frankfort 2,696 51 Eastern Kentucky University, Corbin Campus Corbin N/A 54 Morehead State University at Mt. Sterling Mt. Sterling N/A 56 Eastern Kentucky University, Manchester Campus Manchester N/A 57 Jefferson Community & Technical College, Shelby Co. Campus Shelbyville N/A 57 Somerset Community College, McCreary Center Whitley City N/A Total Enrollments 77,778 Note: Miles are calculated as straight-line distance, not highway miles. † Denotes enrollment for entire institution, including branch campuses; otherwise, enrollment is for specified campus. Source: Kentucky Cabinet for Economic Development. Kentucky Technical Schools Within 60 Miles of Stanford Enrollment (2006-2007) Miles Institution Location Sec P/S Total - Lincoln County ATC Stanford 291 N/A 291 7 Garrard County ATC Lancaster 366 N/A 366 19 Hughes Jones Harrodsburg ATC Harrodsburg 303 1 304 21 Casey County ATC Liberty 382 N/A 382 21 Rockcastle County ATC Mount Vernon 512 N/A 512 25 Madison County ATC Richmond 702 N/A 702 31 Pulaski ATC Somerset 264 N/A 264 33 Marion County ATC Lebanon 497 N/A 497 37 Eastside Technical Center Lexington 448 N/A 448 37 Southside Technical Center Lexington 405 N/A 405 38 Jackson County ATC McKee 356 N/A 356 40 Lake Cumberland ATC Russell Springs 431 1 432 41 Clark County ATC Winchester 301 N/A 301 47 Franklin County Career and Technical Center Frankfort 865 N/A 865 71 48 Nelson County ATC Bardstown 636 N/A 636 49 Wayne County ATC Monticello 598 N/A 598 50 Green County ATC Greensburg 499 N/A 499 51 Corbin ATC Corbin 322 7 329 53 Lee County ATC Beattyville 329 3 332 54 Montgomery County ATC Mt. Sterling 618 N/A 618 56 Clay County ATC Manchester 214 N/A 214 57 Shelby County ATC Shelbyville 819 N/A 819 12 10,170 Total Enrollments 10,158 Note: Miles are calculated as straight-line distance; not highway miles. Kentucky Tech secondary schools, called Area Technology Centers (ATC), are operated by the Cabinet for Workforce Development. Other secondary schools are operated locally by public school districts. Secondary student enrollment is listed under Sec, and post-secondary student enrollment is listed under P/S. Source: KY Cabinet for Workforce Development; KY Dept. of Education. Training Resources Bluegrass State Skills Corporation - The Bluegrass State Skills Corporation (BSSC) was established in 1984 by the General Assembly of the Commonwealth of Kentucky as an independent, de jure corporation to stimulate economic development through customized business and industry specific skills training programs. The BSSC works with business and industry and Kentucky's educational institutions to establish programs of skills training. The BSSC is attached to the Kentucky Cabinet for Economic Development for administrative purposes, in recognition of the relationship between economic development and skills training efforts. The BSSC is comprised of two economic development tools, matching grants and recently authorized Skills Training Investment Tax Credit. The BSSC grant program is available to new, expanding and existing business and industry. Eligible training activities include pre-employment skills training and assessment; entry-level skills upgrade and occupational upgrade training; train-the-trainer travel; and capacity building. The Skills Training Investment Credit Act provides credits to existing businesses for skills upgrade training. Information on other customized training, assessment services and adult education services can be obtained by contacting the local economic development agency. 72 Attachment E Lincoln County Elected Officials County Judge/Executive Ron W. "Buckwheat" Gilbert County Courthouse 102 E. Main Stanford, KY 40484 Phone: (606) 365-2534 Deputy Judge Bill Dyehouse Magistrates District 1 David V. Faulkner 1555 US Highway 150 West Stanford, KY 40484 District 2 Jim W. Adams, Jr. 935 Rowland Cutoff Pike Stanford, KY 40484 District 3 Johnnie Padgett 755 Cemetery Rd. Waynesburg, KY 40489 District 4 Terry L. Wilcher P. O. Box 182 McKinney, KY 40448 Sheriff Curt Folger 102 N. 2nd St. Stanford, KY 40484 County Clerk George “Sonny” Spoonamore IV Courthouse, 102 E. Main St. Stanford, KY 40484 73 County Attorney Daryl K. Day Courthouse Annex, 201 E. Main St. Stanford, KY 40484 PVA David Gambrel Courthouse Annex, 201 E. Main St. Stanford, KY 40484 Jailer William “David” Gooch Detention Center, 100 Lancaster St. Stanford, KY 40484 Coroner Bill Demrow P. O. Box 4 Waynesburg, KY 40489 74 Attachment F - IDA Program Information IDA Basics An IDA, or individual development account, is a special savings account for people with low incomes and minimal assets. Money saved in an IDA account is matched with donated dollars. Match rates vary, but are typically 2:1 or 3:1. Savings must be used for specific asset-building purchases or investment, such as to buy a home, pay for education, or to start a small business. Some programs are more flexible than others and may allow savings to be used for home repairs and car purchases, for example. Encouraging Saving: Financing Individual Development Account Programs PDF (24 p.) by The Finance Project (October 2002) This report has general information about IDA, as well as, general guide principles for using IDAs. [More Info] Fact Sheet on Individual Development Accounts PDF (2 p.) by Comptroller of the Currency Administrator of National Banks ((August 2005)) This document, in Q&A format, explains the basics of IDAs and is written for consumers. Eligibility, selecting a program, and general differences between programs are covered. [More Info] Individual Development Accounts: How Legislators Can Use IDAs as a Tool to Increase Homeownership and Promote Asset Development HTM (8 p.) by R. Finzel, National Conference of State Legislatures (August 2005) This briefing describes the history of asset development policy, what an IDA is, research on the use and effectiveness of IDAs, various policy options, and challenges faced by IDA programs. A table of state public funding sources is included. [More Info] Individual Development Accounts Glossary HTML (8 p.) by CFED This online glossary gives brief descriptions of relevant IDA terms, legislation, funding streams, and institutions. [More Info] IDAs and Eligibility for Public Benefits Asset limits refer to “the maximum level of assets a household can own without jeopardizing that household’s eligibility to receive various forms of public assistance, including Temporary Assistance for Needy Families, food stamps, and Medicaid. Asset limits are established by the federal and, in some cases, state governments and affect both those currently receiving assistance and those seeking to receive assistance.” (CSD, IDA State Policy Briefs, IDAs and Public Assistance Asset Limits). 75 IDAs and Public Assistance Asset Limits: What States can Do to Remove Penalties for Saving PDF (6 p.) by Center for Social Development, IDA State Policy Briefs This brief explains TANF IDAs, AFIA IDAs, and “non-TANF, non-AFIA IDAs, and the ramifications of these differing accounts on TANF, Food Stamps, Medicaid, SCHIP, SSI, and housing assistance. State discretion is emphasized in maximizing eligibility. [More Info] Fact Sheets Fact Sheet on Individual Development Accounts PDF (2 p.) by Comptroller of the Currency Administrator of National Banks ((August 2005)) This document, in Q&A format, explains the basics of IDAs and is written for consumers. Eligibility, selecting a program, and general differences between programs are covered. [More Info] Individual Development Accounts HTML (2 p.) by Center for Policy Alternatives This document is a policy brief with talking points and statistics on IDAs. [More Info] http://new.vawnet.org/category/index_pages.php?category_id=455#456 76