DAN CRONIN DUPAGE COUNTY BOARD CHAIRMAN DUPAGE UNEMPLOYMENT RATE - - PowerPoint PPT Presentation

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DAN CRONIN DUPAGE COUNTY BOARD CHAIRMAN DUPAGE UNEMPLOYMENT RATE - - PowerPoint PPT Presentation

REGIONAL BUSINESS OUTLOOK 2019 DAN CRONIN DUPAGE COUNTY BOARD CHAIRMAN DUPAGE UNEMPLOYMENT RATE 3.2% DUPAGE ILLINOIS U.S. 3.2% 4.3% 3.8% Our aim is to reduce the size, scope and cost of local government for taxpayers. - DAN CRONIN


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SLIDE 1

REGIONAL BUSINESS OUTLOOK 2019

DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

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SLIDE 2

DUPAGE UNEMPLOYMENT RATE 3.2%

  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

DUPAGE ILLINOIS U.S.

3.2% 4.3% 3.8%

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SLIDE 3
  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

  • 112 new business projects
  • Topped $1 million in investment
  • Added at least 20 new jobs

NEW PROJECTS

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SLIDE 4

WELCOME TO DUPAGE!

  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

Green Bay Packaging SMS Assist

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SLIDE 5

WELCOME TO DUPAGE!

  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

Shirley Ryan Ability Lab Rush Oak Brook Midwest Orthopedic

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SLIDE 6

WELCOME TO DUPAGE!

  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

DuPage Business Center Sara Lee Frozen Bakery Headquarters

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SLIDE 7

GLOBAL MARKETPLACE

  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

Home to over 1,000 foreign-owned business locations Representing 43 countries

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SLIDE 8

Vacancy Rates

  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

4.5%

DuPage County - Industrial Market Down from 5.5% from last year

Seeing investments in:

  • New industrial buildings
  • New Spec Industrial

development

13.8%

DuPage County – Office Vacancies Down from 15.3% from last year

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SLIDE 9
  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

Highly-Educated Workforce

  • 1 in 5 people hold a postgraduate degree

Why Employers Choose DuPage

DUPAGE U.S.

93.3% high school graduates

  • r higher

86.6% high school graduates

  • r higher

51% hold a Bachelor's Degree

  • r higher

32% hold a Bachelor’s Degree

  • r higher
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SLIDE 10
  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

  • 11 years - flat rate of $66.9 million

This year’s budget: $43.9 million lower than FY 2011

Property Tax Rate

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SLIDE 11

EFFICIENT GOVERNMENT

  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

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SLIDE 12

ACT INITIATIVE

  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

$100 MILLION SAVED

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SLIDE 13

DUPAGE

  • DAN CRONIN

DUPAGE COUNTY BOARD CHAIRMAN

“Our aim is to reduce the size, scope and cost of local government for taxpayers.”

Statewide and regional leader for efficient, effective local government

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SLIDE 14

Thank You!