2. Presentation Topics Introduction……………………………………………...……………..1 Economic Diversity…………………………………...………………..2 County Finances………………………………………….…………….3 Economic Outlook & Fiscal Adjustments…………………..………….4 Historical, Current & Future Debt Profile……………………..……….5 Funding the Capital Plan……………..…………………………………6 App A: Economic Outlook Data ……….……………...…………………………………….A App B: Regional Commuting Patterns …………...….……………………………..…….…B App C: Cabarrus County Economic Development Strategy………………………………...C App D: Companies in NC Research Campus and County Motorsports Directory …………D App E: Tour Map and Philip Morris Marketing Brochure…………………………………..E Cabarrus County, North Carolina Tab
5. Governing Board Cabarrus County, North Carolina H. Jay White Sr. (Chairman) Grace M. Mynatt (Vice Chairman) Robert W. "Bob" Carruth Elizabeth "Liz" Poole Coy C. Privette http://www.cabarruscounty.us/Commissioners/
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11. A Balanced, Diverse Economy 53.7 % of County residents work in the County Cabarrus County, North Carolina
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16. Economic Diversity: Life Sciences (continued) Cabarrus County, North Carolina The M.U.R.D.O.C.K. Study: “A Framingham Study for the Molecular Age” The M easurement to U nderstand R eclassification of D isease O f C abarrus/ K annapolis Study https://www.murdock-study.com/ Duke leaders, including Drs. Rob Califf, John McHutchison, and Geoff Ginsburg, are providing scientific oversight to the MURDOCK Study. “ Ultimately, this unprecedented research opportunity will help to re-write the textbook of medicine by applying modern-day technologies to identify genomic linkages within and across major chronic diseases and disorders that are some of today's leading causes of illness and death. These connections will initiate disease reclassification by identifying novel patterns and characteristics that may predict risk or response to therapy and reveal underlying pathways with therapeutic potential.”
35. Cabarrus County Assessed Valuation $’s in Billions *As of January 31, 2009 Assessed Valuation Cabarrus County, North Carolina
36. Taxable AV & Tax Collection Average annual growth of real property AV from 1999-2008 of 10.55%. Average annual growth in personal property AV from 1999-2008 of 3.94% Average annual growth in total AV from 1999-2008 of 8.76%. Cabarrus County, North Carolina
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39. Ten Largest County Taxpayers June 30, 2008 Cabarrus County, North Carolina
41. Retail Sales Cabarrus County, North Carolina (1) The data for the Fiscal Years 1998-2008 in the chart above sets forth gross retail sales. Beginning July 1, 2005, the North Carolina Department of Revenue began to compile information only for taxable retail sales in compliance with the Streamlined Sales Tax Agreement. In North Carolina, certain sales (for example, qualifying food items) are not subject to sales tax. Due to the changes in the State's method of compiling retail sales information described above, there is no comparable data for taxable retail sales available for previous fiscal years.
66. Cabarrus County, North Carolina Series 2009, Certificates of Participation Purpose: School Project Needs – New Money (Possible Refunding) Size: $120 million (Up to $180 million w/ Refunding) Security: Appropriation Credit First Initial Interest Payment: January 1, 2010 First Principal Payment: January 1, 2012 Structure: Level Principal Cabarrus County, North Carolina
67. Cabarrus County, North Carolina Financing Schedule Debt Rating/ Insurance: April 30, 2009 POS Mailing: May 6, 2009 Pricing: May 20/21, 2009 Closing: June 4, 2009 Cabarrus County, North Carolina
68. Appendix A Cabarrus County Economic Outlook Data Cabarrus County, North Carolina
69. Appendix B Regional Commuting Patterns Cabarrus County, North Carolina
70. Appendix C Cabarrus County Economic Development Vision, Mission and Strategy Cabarrus County, North Carolina
71. Appendix D NC Research Campus Company Descriptions And County Motorsports Directory Cabarrus County, North Carolina
72. Appendix E County Tour Map And Philip Morris Marketing Brochure Cabarrus County, North Carolina
