[0:00] for the briefing meeting [0:04] okay great and are there any questions [0:05] about any items on the agenda for [0:08] our regular meeting this evening [0:10] okay so we're going to just follow the [0:12] agenda as published then for the [0:14] briefing meeting and the first [0:16] item is a presentation on the 2025 [0:19] reappraisal schedule Keith Miller is [0:22] here to help us out with this [0:31] thank you Mr chairman commissioners [0:35] so I appreciate the opportunity to give [0:36] you a update on the reappraisal 2025 let [0:40] you know a little bit about what we have [0:41] going on and what we have moving forward [0:46] um [0:47] we have the PowerPoint one more [0:50] oh here we go okay [1:16] thank you [1:18] so I first want to recap with you the [1:21] recommendations that we receive from the [1:23] ad hoc reappraisal committee [1:26] we're still working on those [1:28] recommendations and we'll continue to [1:29] work for a moving forward on those so [1:32] just a reminder of what those were [1:34] increase education and Outreach [1:37] increased capacity in the assessment [1:39] Department [1:40] develop assessment policies to optimize [1:42] tax revenue [1:44] enhanced permitting compliance and [1:46] improve assessment data quality [1:50] first I want to talk about Outreach we [1:52] have worked for their Cape team to put [1:56] together a pretty robust [1:57] Outreach campaign moving forward [2:00] this here is we value Buncombe our new [2:03] slogan and what you see here as far as [2:05] the pictures that we were at the [2:07] Juneteenth Festival downtown [2:09] talking to our residents giving [2:11] residents some Hands-On opportunity to [2:14] look up their properties see how to [2:16] operates as far as the property owners [2:17] tool kit on our web page [2:20] beyond that we have also [2:24] been on the Carolina morning's Carolina [2:26] Spotlight on WLOS the center photo is at [2:30] one of our local markets again the one [2:33] on the right is that our Juneteenth [2:35] Festival downtown and then just an [2:37] overall caption of the of the bottom [2:40] Juneteenth Festival some of the other [2:42] things that we were doing on Outreach [2:45] we in conjunction with Orlando Scott [2:48] Rogers Association and physical legal we [2:50] put on the appeal clinics for all of our [2:53] residents who wanted assistance and [2:55] better understanding of that we did [2:57] lunch and learns for the Realtors to [2:59] help them ask them to for their clients [3:01] that they could talk more about tax [3:03] about listing their improvements about [3:05] appeals [3:07] and again we will continue to be out in [3:10] the community as far as our and our [3:11] community centers at our markets [3:13] homeowners associations we have been [3:17] doing over the past couple of weeks what [3:19] we call coffee with Keith we've been [3:21] going to H Department within the county [3:24] we want to First educate our County [3:26] employees and ask them to be our [3:27] ambassadors as they go out into the [3:30] community and be able to answer [3:31] questions to their friends family [3:33] and others [3:38] so we'll move on to also related to [3:41] education and Outreach [3:43] some our new web redesign [3:46] this is the property owner toolkit that [3:48] you see on the slide [3:50] and if you go to [3:52] tax.bunkumcounty.org you'll get a [3:54] landing page to where you can type in [3:56] your name address parcel number any of [3:59] those will work to pull up your property will pull up you'll see a [4:03] picture of it you'll be able to review [4:04] all the information related to it [4:06] acreage you'll be able to see a GIS map [4:09] and then you'll also be able to use some [4:11] of our new tools one be copper [4:15] every resident will have the opportunity [4:17] to use the pro the part of the program [4:19] called copper so they will better [4:21] understand what the value of their [4:22] property is themselves they will be able [4:24] the program will pull comparable [4:26] properties in their neighborhoods that [4:28] surround their home and they can see [4:30] what the values are doing in their [4:32] communities better [4:33] Community is the other piece that you [4:36] see there [4:37] residents will be able to focus on their [4:39] neighborhoods not just to them they'll [4:41] be focused on their neighborhoods about [4:43] what's going on in my neighborhood [4:45] what is the median sales price what's [4:47] the sales ratio what is what is the [4:49] increase from the last reappraisal so [4:51] just another effort of us trying to [4:53] offer tools and be more transparent [4:55] about what we have available [4:59] along with that we launched our new app [5:04] for part of the property owner toolkit [5:06] that property owners can load download [5:09] on their phones and have the same [5:12] capability that they would have on the [5:14] website so you can go to that same [5:16] landing page type in your name your [5:18] address your parcel number and have the [5:20] same capability on your phone to do what [5:22] you would like to do related to your [5:24] property as you would if you went to [5:25] tax.buttoncounty.org [5:28] we saw this as a need for those people [5:31] who do not have internet but maybe have [5:34] a cell phone [5:36] that gives them the ability to get to [5:38] the information to be able to update it [5:40] they can file appeals they can pay their [5:41] bill most anything they can do on the [5:43] website they can do also from this app [5:49] the next recommendation was increased [5:51] capacity in the assessment office so [5:54] additional staff real property appraiser [5:57] positions or fy24 we receive two [6:00] additional [6:01] reclassifications of a part-time [6:03] position to a full-time was one [6:05] and we also entered a contract with [6:07] splice valuation for consultant on some [6:11] of the foundational changes that we will [6:12] make for the 2025 reappraisal [6:15] reorganization of the existing staff [6:18] we have a dedicated Appraiser for sales [6:20] analysts now [6:21] dedicated Appraiser for luxury homes [6:23] data analyst team of three and a [6:26] dedicated appraisal analyst [6:31] next develop assessment policies and [6:33] procedures and initiative to optimize [6:35] tax revenue [6:37] review sales transaction data [6:40] so the goals here were to review the [6:42] data before the Property Transfers to [6:43] the new owner review the luxury home [6:45] data and create new procedures for [6:47] discovery of unlisted and under listed [6:49] property [6:51] direct mailing of approximately 20 000 [6:53] listing forums to properties that met [6:55] the criteria of potential rental homes [6:56] and compliance with the state statute [6:59] that effort was to reach out to those [7:01] folks who have rental properties who are [7:03] not aware that they should be listing [7:05] with Furnishings in which they provide [7:08] to their tenants [7:11] create a dedicated reappraisal panelist [7:13] team Implement a procedure for real [7:15] property listings and created [7:17] opportunities for owners to correct [7:19] their property data [7:21] future and in the process we are in the [7:23] process now of developing the new [7:25] community Neighborhood Market areas in [7:28] which uh you may have in the past heard [7:30] us this referred to as neighborhoods [7:35] um [7:37] sorry you go back [7:40] part of the uh implementing the [7:43] procedure for the real property [7:44] listening and creating opportunities for [7:45] owners I wanted to point out to you [7:46] maybe you received one of these [7:48] postcards [7:49] I hope if you're a property owner you [7:50] did if you didn't then I need to get you [7:53] one uh we mailed 80 000 of these to all [7:57] the property owners in an effort to [8:00] clean up the data make sure the data is [8:02] accurate your property owners the [8:04] opportunity to respond to us in the [8:06] easiest way that they can to let us know [8:08] if something is not incorrect those [8:11] Property Owners had the ability to [8:12] return this card or either go on our [8:15] website and update the information there [8:20] so along with the data quality we've [8:22] also implemented a automatic evaluation [8:24] models which is new for us for 2025 [8:28] analyze data and provide feedback [8:31] daily reevaluation of approximately 90 [8:33] 000 parcels and provides predicted value [8:35] for current date and Future [8:38] this is a software program who which [8:40] takes all the sales data in our system [8:43] and every night revalues all ninety [8:47] thousand parcels [8:48] based on the information that comes in [8:50] every day so every sales transaction [8:52] that we have come in the day before the [8:54] system takes it we re-value every [8:57] property in the system every night [8:59] this is a system which our appraisers [9:02] can use for auditing and also be aware [9:05] of what another system would value the [9:07] property at in case that we might be [9:09] missing something [9:11] example of how it works [9:13] so this home that you see here was a [9:15] session 21 for 426 000 the home sold in [9:19] 21 for 470 the automated evaluation [9:23] model for 2023 says today the property [9:26] should be valued at 612 000. and it [9:30] predicts a value for 2025 that the [9:32] property would be worth 656 thousand [9:38] improve the assessment data quality [9:40] here's the postcard that I mentioned [9:42] again we directly mailed approximately [9:44] 80 000 of these to give the property [9:45] owners the ability to correct that data [9:48] 8 000 responses as of August the 7th as [9:51] of this morning a little greater than [9:52] ten thousand responses to that postcard [9:55] so far [9:59] photography related to data quality [10:02] we will again as we have done before we [10:04] will update our street level photography [10:06] the company Cyclone media is who we [10:08] contract with cyclomedia will drive [10:11] these vehicles that you see here in the [10:12] picture [10:14] 1878 miles across the city county other [10:17] municipalities Gathering as they drive [10:20] 360 degree photography so our appraisers [10:24] can see the house like you see there we [10:26] can see those from the street the [10:28] quality of the photography is good [10:30] enough that we can do inspections or the [10:32] sidings the windows the doors the roof [10:33] we'll be able to see exactly the [10:36] condition of a property [10:40] the next thing we do as far as data [10:42] quality [10:43] aerial unoblique photography we just [10:46] recently the plane just recently flown [10:48] flew Buncombe County planes will fly [10:50] over 660 square miles and capture a [10:52] bird's eye view oblique View and a [10:55] building footprint of all 130 000 [10:57] parcels [10:59] home on the right is an oblique [11:01] photography [11:02] the photography is at about a 45 degree [11:04] angle which gives our appraisers the [11:06] ability to see the front sides and the [11:10] rear of the home from the photography it [11:13] also gives us the bird's eye view which [11:14] you see in the middle and the one on the [11:17] left is the what we call sketch inspect [11:19] which is identifying differences in the [11:24] actual sketch what this program will do [11:27] is you see the red outline on the [11:30] left-hand photo what that red outline is [11:32] telling us is that there's been a change [11:34] on that home that the footprint does not [11:36] match what it was before or what it is [11:39] in our system so if there's something [11:41] added to the home such as an unpermitted [11:43] improvement or a garage or just an [11:46] addition this will identify it for us so [11:48] that our appraisers can [11:51] revalue that [11:54] reappraisal timeline [11:57] July through December of 2023 we will [12:00] continue the community engagement [12:02] campaign and this will go on through [12:04] April of 2025. we have we're scheduled [12:07] now out as much as two months as far as [12:10] meetings and things that we currently [12:11] have ready to go [12:13] we will also be testing the foundational [12:14] changes to the valuation methodology [12:16] land valuation land size evaluation [12:19] influences the building quality grading [12:21] system depreciation building size value [12:23] influence and market area delineations [12:27] October through December of 23 data [12:31] collection for the schedule values [12:33] market analysis residential commercial [12:35] questionnaires will be mailed to [12:37] property owners and we will analyze the [12:39] data from the aerial and the street [12:41] level photography [12:43] January through July of 24 [12:45] we will present the schedule values in [12:48] the informal session to the Board of [12:49] Commissioners first review of the [12:51] estimated values [12:53] will be in a 20 that part of 2024. July [12:56] through December [12:58] of 2024 [13:00] audit data compared to the automated [13:02] valuation estimates [13:03] January of 25 we will have the final [13:06] values for the reappraisal 2025 and the [13:10] appeal period begins [13:12] February of 2025 notices would be mailed [13:15] to all residents in the county notifying [13:17] them of their new value April 2025 [13:20] taxable values delivered the budget for [13:23] FY 26 Board of Equalization review will [13:26] convene and the appeal period ends [13:28] mid-april [13:32] timeline for the schedule values [13:34] we will be back to the board sometime [13:37] around July of 24 that will be our [13:40] informal delivery to you of the schedule [13:42] of values [13:43] August of 24 will be the formal [13:45] presentation to the Board of [13:46] Commissioners and we'll open a copy to [13:48] the public [13:49] a published statement will be in the [13:52] paper for those who would like to review [13:53] that copy [13:55] September of 2024 Board of commissioner [13:58] approves and adopts the final schedule [14:00] of values and that will be advertised [14:02] for four weeks in October of 24 the [14:05] schedule values appeal period [14:07] will begin [14:10] so for those of you I use the schedule [14:11] values if you remember I'll refer back [14:13] to that as the manual in which we bring [14:17] to you which outlines all the cost of [14:20] residential and Commercial properties [14:22] and all the meth valuation methodology [14:24] that we would use in the reappraisal [14:30] questions [14:37] yeah I have a couple [14:38] first of all thank you Keith for this [14:40] great presentation and all the [14:42] information can you talk a little bit [14:44] more about I think not sure which slide [14:46] it was on but you said testing [14:48] foundational changes to the valuation [14:50] method can you just explain more about [14:52] that please yes so we have identified [14:54] those areas in the mass appraisal [14:57] process that most people struggle with [14:59] most in those areas at which people who [15:01] struggle with most we are now going back [15:04] and visiting with our contractor as a [15:06] consultant look at how we change those [15:08] foundational pieces and that is you know [15:10] quality and great condition of a [15:12] building appreciation land valuation [15:14] influences in the land valuation as far [15:17] as size these are all components that [15:19] really drive the value in the beginning [15:20] of the appraisal process in which we [15:23] want to revisit and tear back down those [15:27] structures to look to see what in them [15:28] may not be working the way we want them [15:30] to work and then we will rebuild them [15:32] for 2025. [15:35] thank you and you mentioned Community [15:37] neighborhood areas can you share a [15:40] little bit more about that as well yes [15:42] you've heard me before mentioned that we [15:44] currently have about 2500 what we call [15:47] neighborhoods these are Market areas all [15:49] across the county that we had divided up [15:51] into Market areas we are going to read [15:53] delineate all 2500 of those to have to [15:57] go back and revisit to see what the [15:59] market area is has it changed is it the [16:01] same does it need to get bigger does it [16:03] need to get smaller so that will be the [16:06] task there that's the review all 2500 of [16:08] those [16:10] and then the auto valuations [16:14] can you share more about that [16:16] yes and and how you're using that [16:19] so we will use that mostly as an audit [16:23] tool so when this system calculates the value [16:27] every night [16:29] our appraisers will be able to see what [16:31] that automated valuation model value [16:33] comes out to be [16:34] and if that say for instance if that [16:36] came out to be six hundred thousand and [16:39] we saw then the home came out to be [16:40] valued at four hundred thousand that [16:42] should be something that that gets [16:44] flagged for the appraisers to go back [16:46] and say why why is it different what did [16:49] we miss or what did evaluation model [16:50] Miss why is there a difference in the [16:52] two numbers so it's an effort to improve [16:55] the data quality and just the overall [16:58] performance of the system [17:00] thank you [17:04] Keith I want to thank you for what you [17:08] all have done to make this a lot more [17:11] transmit parent than it's been in the [17:13] past [17:14] I can remember years ago working and [17:18] banking people would come in with uh [17:21] questions about reevaluation this and [17:24] that and it was a struggle for us to [17:27] figure out what was going on let alone [17:29] the average person but what you're doing [17:32] now is really paying off and I was [17:34] helping one of my relatives and stumble [17:37] on the changes that's been made on the [17:39] internet she thought I was a rock star I [17:42] think because of what I've you know did [17:45] but uh keep up the good work because [17:47] this is what we need to make as [17:50] transparent as it can and I'm hearing [17:53] some good things from people about the [17:56] process that you did and uh what you've [18:00] been doing as far as your community [18:01] engagement so keep it up yeah thank you [18:06] hello sir Echo that thanks and just ask [18:08] I think I know the answer to this one [18:10] but [18:11] for the looking out to January 2025 when [18:13] the appeal period begins I assume you're [18:15] going to continue to have those open [18:17] houses or seminars to educate people on [18:19] how to navigate that process for full [18:21] two yes I haven't gone through that [18:23] before and and we're actually uh [18:25] starting those conversations now about [18:27] continuing that for this upcoming [18:29] January of 24. so that will also open [18:31] that window of opportunity to appeal and [18:33] for anybody that needs support through [18:35] that we want also to have our partners [18:38] in this to be available to help them [18:40] through that so yes we will do that [18:41] again in 24 we hope and for sure do it [18:44] in 25 so those people that want to [18:46] appeal do have a pro a mechanism to [18:49] reach out and get support through that [18:52] system thank you you're welcome [18:56] thanks for the presentation [18:58] um I guess just a high level question so [19:00] you know we're all aware of some of the [19:02] critiques that we've had of the rebound [19:04] system in terms of the concerns around [19:05] the um [19:08] perceived undervaluation of higher and [19:11] property and overvaluation of more [19:12] modest properties so just kind of [19:14] thinking about and I know there's [19:16] obviously been a lot of work and thought [19:17] put into that [19:18] um [19:19] over the last couple of years so as [19:22] we're looking ahead towards this next [19:23] reval process how are just at a high [19:26] level how are you kind of feeling about [19:27] the system we have in place [19:29] and going through this process [19:31] in the context of those concerns that [19:34] have been raised and thinking about you [19:36] know do you feel pretty confident we're [19:39] going to go through this process and [19:40] when we get through it all and can kind [19:42] of reflect back on it that we're gonna [19:44] really have made a lot of progress in [19:46] terms of addressing that issue and also [19:50] just the perceptions around that issue [19:51] so just I just appreciate any high level [19:53] thoughts around around that I I do feel [19:56] better and we have we listened to the [20:00] concerns of course every time we hear a [20:02] concern internally we analyze it amongst [20:05] ourselves about why it's a concern and [20:07] what went wrong maybe and what could be [20:09] done better [20:10] Mass appraisal is not a perfect system [20:12] mass appraisal is there in order to [20:15] accomplish such a large job but does [20:18] mass appraisal and will Mass appraisal [20:19] always have inherent issues yes but we [20:23] have now I think identified what many of [20:26] those inherent issues are within our [20:28] community and now how do we break those [20:30] down and deal with them and we're [20:32] working on those every day and part of [20:34] our consultant coming in is also working [20:36] through those as an outside third party [20:37] to help us identify what those are [20:40] I do feel more confident that you are [20:44] going to find in January of 2025 with [20:47] these concerns will be handled and [20:49] they're going to go away now does that [20:52] mean that we won't have critics that [20:54] will find something different I don't [20:56] know okay but let's hope not but we are [21:00] addressing the issues and I do believe [21:02] with time with staff with the different [21:05] Staffing that we have different tools we [21:07] have is going to make a tremendous [21:09] difference in what you see the final [21:12] product to be [21:13] okay that's what we all were hoping you [21:17] would say so um the other question we [21:20] have related a little bit more specific [21:22] you know one of the pieces [21:24] um you talked about a bit about the [21:25] appeals process so there has been [21:27] concern or race about that process in [21:29] the past that you know that the um [21:33] I mean anybody can participate in the [21:35] process but we do I think we have data [21:36] showing that more you know more affluent [21:39] Property Owners tend to be more likely [21:41] to participate in that process in the [21:43] past than people who [21:46] um you know own more modest properties [21:49] um [21:49] but not only are they more likely to [21:51] participate in it they're more likely to [21:53] be successful right even though there is [21:56] some pretty good data showing that we're [21:58] just making generalizations here not any [22:00] particular property but [22:01] uh in general there was actually [22:04] probably some stronger arguments that [22:06] there were more misses on the lower end [22:08] properties than the higher end so so [22:10] just talk a little bit more about about [22:12] that you've shared some information [22:13] about kind of what you're doing to get [22:15] the word out so people can participate [22:17] and you know lowering barriers to that [22:19] uh that participation and that sounds [22:22] great and so for folks who actually do [22:24] participate [22:25] do we do you feel confident going into [22:29] this that again when we're all done with [22:30] this we won't look back and say you know [22:33] the um [22:34] more modest Property Owners did not fare [22:37] as well in this process as other [22:40] property owners and you know so what are [22:43] we you know even if the data kind of [22:45] backs up the fact that you know [22:46] generally speaking there's just as good [22:48] arguments or maybe better on that side [22:50] of the spectrum so yeah so I do have a [22:53] couple things there and some of this [22:55] will go back to one of the things that [22:57] commissioner Whiteside said is that the [22:59] residents of this County have also got [23:01] to understand is that this needs to be a [23:03] partnership okay I can't do this alone [23:06] I cannot the only thing I can do is [23:08] reach out give the education help people [23:11] better understand how to go through the [23:12] process but we do need to continue to [23:16] bring down those barriers to have those [23:19] folks who are not comfortable with the [23:20] process come and appeal now how we do [23:23] that through this process that we did [23:26] this year we we think that we did make [23:28] steps forward and we did make progress [23:31] to giving people someone else to speak [23:33] to okay when you can come into the room [23:36] into a clinic and you have a realtor [23:39] sitting there who can talk through the [23:40] process with you show you comparable [23:42] properties they're not a tax employee [23:45] there's somebody there who this [23:47] volunteering that wants to help you we [23:49] need to get that word out more and more [23:51] to tear that barrier down [23:54] I've said in many of our community [23:55] meetings lately is that people often [23:58] feel the appeal process is a [24:00] controversial process it's not I can [24:03] tell you that I and the staff that work [24:06] in the tax department is there to work [24:08] through these problems with you now [24:11] why would someone of a lower value [24:14] moderate value at home be less [24:15] successful than someone in a higher [24:17] value home [24:19] typically what I think we see is that [24:22] education they don't know how to they [24:24] don't know what to bring with them they [24:26] don't know how to provide comparable [24:27] properties they don't really understand [24:29] how the system works so those are the [24:32] barriers that we will tear down and we [24:35] will put out the information and we will [24:37] continue to reach out to these [24:39] communities to help them be comfortable [24:41] with it help them understand why they [24:43] should do it and what the outcomes can [24:46] be [24:47] but I also I'm asking that these [24:50] communities have to step up and be [24:52] willing to come to the table with us is [24:55] that we can all work together and tear [24:57] down the barriers together and they will [24:59] be better off come to January 2025. [25:05] key any other questions for now [25:09] okay keep thanks for the updates [25:10] appreciate it [25:12] all right [25:14] um the next item on the agenda is the [25:18] vibrant economy updates with the [25:20] Department of Commerce [25:22] economy presentation they've got several [25:25] folks with us here to help out on this [25:27] item [25:28] I think [25:32] thank you [25:40] good afternoon good afternoon [25:42] hello my name is Jeff debellis I am with [25:45] the labor and economic analysis division [25:47] with it within the Department of [25:49] Commerce [25:51] um for those of you who don't know me or [25:54] know [25:55] my division [25:57] um [25:57] let me give you a quick analysis uh [26:01] I am I've got about 20 years of [26:04] experience doing Economic Development [26:06] research the last 11 of which [26:10] I've been with the labor and economic [26:12] analysis division of Commerce lead [26:15] um [26:16] the things we do you may not [26:20] know of us but you probably know of our [26:23] work if you've heard of the unemployment [26:26] rate which I'm sure you all have or the [26:28] jobs numbers we create that for the [26:31] Bureau of Labor Statistics and publish [26:33] those at the national and state level [26:36] we take that data and others and do a [26:41] lot of Big Data analysis and research a [26:44] lot of analysis of our [26:46] State Workforce and educational programs [26:50] and look at the labor market outcomes of [26:52] those programs [26:53] we do things like we do today where we [26:56] take the information and we help [26:58] decision makers utilize it data is only [27:02] good if you can apply it somewhere so we [27:04] basically serve everyone from [27:08] a grade school student who's looking you [27:12] know for for jobs and career of the [27:14] future [27:15] all the way up to the governor's office [27:17] and essentially everybody in between we [27:21] produce a lot of Publications we have [27:23] newsletters we have social media [27:26] we publish reports and manage the [27:30] state's administration of the tier [27:33] system if you're familiar with it so a [27:36] lot of data a lot of research as it [27:38] relates to the economy and the labor [27:42] market we are a resource for for you for [27:46] your Workforce and economic development [27:48] entities here at the the local and [27:51] Regional level as well as other partners [27:55] so today I was asked to talk about the [27:57] economy [27:59] um to look at the workforce look at [28:02] businesses and and then have an eye to the Future [28:06] um if you're data people and you get [28:07] excited by data you're in for a treat I [28:10] have lots of it [28:12] um but as I said uh it really only uh is [28:16] good as if you can apply it so I hope to [28:18] give you some highlights and we can [28:19] focus on the application of this data [28:22] and the insights as to what it can tell [28:24] you about the economy and Buncombe [28:26] County's future [28:28] I'll start off by talking about uh Top Line level about the unemployment [28:33] rate it's low it's historically low [28:35] Buncombe County has the lowest [28:38] unemployment second lowest unemployment [28:40] rate as of June over the last 12 months [28:43] it has been the lowest in the state it's [28:47] lower than what it was pre-pandemic in [28:51] June of of 2019 and more residents are [28:55] employed than ever before [28:58] it's also good for employers there's the [29:02] largest number of private sector [29:03] businesses ever [29:05] and they have produced the most jobs for [29:10] the county ever recorded and probably [29:13] the most job openings certainly [29:17] over the last three years when we've [29:19] been capturing this data [29:21] also uh income is up I know that's a [29:25] goal of Buncombe County's strategic plan [29:29] um at least for the moment median [29:32] household incomes are up above the state [29:34] level [29:35] and the poverty rate is lower than the [29:40] state level so all good things happening [29:42] here in Buncombe County [29:44] some other lights yes sir so so I'm sure [29:47] you'll cover this when you get to it but [29:48] I guess [29:49] that uh bullet point about the average state [29:55] incomes so slide 13 talks about the [29:58] state incomes and the county incomes [30:01] the state incomes are higher [30:03] so I'm sure you're going to explain why [30:04] both these things are true in a minute [30:06] but I was just I wanted to fly but maybe [30:08] you could just speak to it for a minute [30:09] here sure so [30:12] um so when we talk about income and [30:14] wages which I'll I'll go over there's a [30:16] big difference between between that [30:18] where right now [30:20] the median household income for Buncombe [30:24] County the latest data available I [30:25] should say in 2021 is that median [30:29] household incomes are are above the [30:32] state median household items the wages [30:34] are not but wages are not so people [30:36] making come from like Investments and [30:38] stuff so they're doing well but that's [30:41] the distinction is income versus wages [30:43] absolutely gotcha and I'll talk a little [30:45] bit more about that when we get when we [30:46] get that [30:48] um [30:50] other things that are other uh [30:52] highlights lights uh maybe not as as [30:56] quite as positive depending on your your [30:57] Vantage Point [30:59] um there's the the lowest number of job [31:00] Seekers we've had in in years not just [31:04] the people who are unemployed but people [31:05] who are looking for a job who may have a [31:08] job it's the the lowest that we've been [31:12] able to estimate [31:14] um [31:16] it appears and I say appears because we [31:18] have preliminary data where this is just [31:20] kind of uh most recently reversed where [31:23] all the jobs that were lost in the [31:26] pandemic seem to have been recovered [31:28] including all the the major sector [31:31] Industries although not all Industries [31:33] have fared equally well in the recovery [31:38] buncombe's average wage which we talked [31:42] about a moment ago is up which is a good [31:44] thing but when adjusted for inflation is [31:48] actually down from the last two years [31:49] although up from pre-pandemic levels [31:53] and the wages as mentioned before are [31:57] below the state's level [32:01] other quick [32:02] points uh to highlight housing values [32:06] which is I think is no surprise to [32:08] anybody here are up when adjusted for [32:11] inflation they're up uh 43 percent over [32:14] the last 11 years that's higher than the [32:18] state and higher than the than the [32:19] region [32:20] median home values have outpaced uh [32:24] income [32:26] and rents have outpaced wages [32:30] so I'll go through each one of those in [32:33] a little bit more detail [32:35] um when we talk about the unemployment [32:37] rate you can see from this this chart [32:40] how low the rate has has gone we have [32:44] actually in Buncombe County about 4 000 [32:47] unemployed people I should clarify what [32:50] unemployed means it means all those who [32:54] are interested in in working and don't [32:58] have a job so they are active job [33:00] Seekers people who are not interested in [33:02] working or not counted in the [33:03] unemployment statistics so the retired [33:07] kid you know youth who might be in [33:09] school people who are independently [33:10] wealthy and don't don't want to work [33:12] people who just don't want to work [33:14] because they feel like they can't or [33:16] they have [33:18] um they're caring for loved ones they [33:21] may be disabled etc those people are not [33:24] counted in the unemployment rate [33:27] I mentioned that the there's the most [33:29] number of employed people ever [33:32] um 145 000 as of of June so this area [33:36] took a real hit [33:38] um during the pandemic but that's fully [33:41] recovered as far as Jobs go [33:43] um mentioned that job Seekers are are [33:46] down [33:47] um [33:48] but really what is what is up our job [33:51] postings and this has created a really [33:54] tight labor market [33:56] what it means for a tight labor market [33:59] it means it's a great time if you're a [34:01] job Seeker there are roughly 1.5 job [34:05] openings for every job Seeker it is not [34:09] so great of a time if you are an [34:11] employer trying to look for work so that [34:15] has resulted in rises in wages and [34:20] income is includes everything from wage [34:26] income to income that you get from [34:28] passive investments from income you [34:31] receive from some of the [34:34] government support that was provided [34:37] during the pandemic and for that reason [34:39] you've seen a real real shoot upward [34:44] both from the wage standpoint and from [34:48] benefits standpoint [34:50] from 2019 to 2020 when adjusted for [34:54] inflation that number dipped if we if we [34:58] take inflation [35:00] um into account you can see that it [35:02] wasn't quite as large of a jump this [35:04] increased uh 20 percent [35:07] since uh 2010 [35:09] um and that's still higher than than the [35:13] state rate [35:14] um [35:15] looking here you can see there's been a [35:17] fall from 2020 to 2021 as it relates to [35:21] median household income [35:24] um and it's now kind of closer aligned [35:27] to to the state rate [35:30] not certain about the reasons for that [35:33] at the moment but one can suspect that [35:35] some of the pandemic relief may have had [35:37] a play in that there was particular [35:39] pandemic relief for those in targeted wage groups and industries that [35:46] Buncombe County has more of [35:50] so we'll see what happens as far as that [35:53] in 2022 [35:55] um [35:56] poverty is down it's nearly down to [35:59] levels seen in the late 2010s [36:05] um it is now lower than uh than the [36:07] state and also lower than than the [36:10] nation at 11.7 percent [36:14] wages [36:16] um especially when when adjusted for [36:18] inflation have grown since 2010 [36:22] um but they've dipped a little bit in [36:24] over the the last year and that's really [36:28] just because of inflation wages in [36:30] nominal terms have continued to go up [36:33] but inflation has really cut into [36:34] people's [36:36] pocketbooks and and and uh and their [36:39] wages is still much lower [36:42] than the state's average weekly wage [36:48] wages have [36:50] [Music] [36:50] um [36:51] or higher when we talk about income [36:54] there are a couple reasons for that one [36:56] we're talking about medians versus [36:58] averages and two when we talk about [37:01] households we can have multiple earners [37:03] in a household and we can have uh [37:07] different uh means of of income so these [37:10] are not real comparable statistics but [37:14] wages are a part of of income [37:17] for both of these uh you can see where [37:20] the state Falls so income is is higher [37:24] for the county than it is for the state [37:28] and the state wages is higher than the [37:30] county [37:32] both of those uh and the growth rates [37:35] for both income and wages pale in [37:37] comparison to what we've seen for median [37:39] home values and meeting rent [37:45] so let's talk a little bit more about [37:47] wages and where they come from [37:49] here's a distribution of average wages [37:54] by industry that goes from [37:57] accommodation and food services at over [38:00] 500 a week to eighteen hundred dollars a [38:03] week for finance for the finance [38:06] industry [38:08] buncombe's average is just over a [38:11] thousand dollars where the states is at [38:14] 12 15. [38:17] looking at State versus County wages you [38:22] can see areas in which the county does [38:25] better than the state and where the [38:26] state does better than County for [38:28] industries that I can highlight where [38:31] the county is doing better than the [38:33] state are ones where the county tends to [38:36] specialize mostly in Hospitality [38:39] accommodation Food Services arts and [38:41] entertainment as well as Healthcare and [38:45] public administration [38:48] the four uh or five lowest paying County [38:53] of what of the lowest paying Industries [38:56] have actually grown twice as fast as the [39:00] state [39:01] um [39:02] while [39:08] um [39:09] well the the top ones are are [39:13] significantly lower than the state I [39:16] should mention that [39:18] taking the top five paying industries [39:21] that if we were to increase wages just [39:23] to the top five [39:25] you'd recover about 30 percent of the [39:28] differential between the state's average [39:31] wage and the County's average wage so [39:34] that disparity at the high end is part [39:38] of what's what's driving the difference [39:40] in county and state wages [39:45] let's look at employers mentioned that [39:48] employment is up number of total number [39:51] of jobs [39:53] There's 7 400 people [39:56] more people employed now than there was [39:59] pre-pandemic [40:03] um the county saw a lot deeper of a hit during the [40:10] pandemic than the state did and has [40:12] recovered but the state has recovered a [40:14] little bit faster you can see over the [40:17] last few months if you can defer from [40:19] that uh [40:21] from that slide that wages are starting [40:24] to accelerate here in the region [40:28] looking at growth [40:32] good news is that the four fastest [40:37] growing regions are also amongst the [40:40] highest paying so we have Business and [40:42] Professional Business Services which [40:44] also includes that management of [40:46] companies industry which are [40:49] headquarters information financial [40:51] services and wholesale trade all growing [40:55] fast [40:57] here in the county [40:59] um [41:00] the county has a different look as far [41:04] as a breakout of its industry sectors [41:07] compared to the state [41:09] here's a the share of employment versus [41:12] the share of employment for North [41:14] Carolina [41:16] sheriff industry [41:19] differences [41:20] account for about 40 percent of the the [41:24] difference in median of average weekly [41:27] wage [41:28] I mentioned that just only give you [41:30] context I don't think it would be wise [41:33] to [41:35] um [41:35] to to try to achieve the same level as [41:39] the state as far as the the composition [41:41] and share Buncombe County is unique from [41:45] other counties [41:47] um in this in the state in that is able [41:50] to draw a lot of people via tourism via [41:54] um [41:55] via seasonal residents that increases [41:59] the demand for services for for food for [42:03] entertainment for hospitality and [42:06] Leisure more so than what could be [42:09] satisfied by the local residents alone [42:11] so that's always you're always going to [42:14] seem to have a high concentration of [42:17] those of those Industries but this gives [42:21] you a perspective as far as as where the [42:24] state is relative to your economy [42:30] um there's a significantly lower share [42:33] of employment [42:37] um in in Buncombe County compared to the [42:39] state in these industries highlighted [42:43] um I should note that these industries [42:45] that are highlighted whereas there's the [42:47] greatest difference are also the ones [42:49] that pay the pay the most [42:52] conversely those where this the county [42:56] has a higher share of employment [42:59] are ones where typically they they pay [43:03] less [43:08] tourism is vitally important as you know [43:10] and has rebounded strongly [43:14] um from 2021 to 2020 we don't have 2022 [43:18] numbers yet grew 18 [43:21] between 19 and 2021 [43:25] tourism accounts for 9.1 percent of the [43:30] state's total and is the second largest [43:33] in tourism receipts second to [43:36] Mecklenburg in the state [43:39] um [43:39] the Leisure and Hospitality roughly [43:42] accounts for about 6.6 percent of GDP [43:45] for uh for the county so it's it's very [43:49] important [43:51] we look at business as a small business [43:54] we saw a big increase [43:58] Statewide as well as nationally in [44:01] business formation [44:04] um but a lower percentage here in in [44:07] Buncombe County so where we've seen [44:10] according to the census 51 increase in [44:15] new business starts uh from 22 from 2006 [44:19] to 2022 [44:21] uh or sorry since 2019 we saw a 41 [44:26] increase here in Buncombe County [44:33] looking forward [44:35] um the future is uh [44:38] is going to be determined by the [44:41] workforce and education is critically [44:45] important to the jobs that we see coming [44:47] online now and in the future our [44:50] Department of Commerce and Lead does [44:53] 10-year projections of employment by [44:56] industry and occupation every two years [44:59] and our latest [45:01] run shows that the jobs that require [45:06] post-secondary education are growing [45:09] much faster than those that that don't [45:16] automation [45:19] sorry [45:23] automation is something that is of [45:26] interest to a lot of folks these days [45:28] the latest data available on automation [45:33] really did not include uh the latest in AI or looking more at traditional [45:41] Robotics and [45:42] um and process automation [45:45] we're currently looking into the effects [45:49] that AI may have on the labor force but [45:51] you can see that automation is more [45:54] likely to affect the lower educated jobs [45:57] than the higher ones and for Asheville [46:01] that means a lot of jobs that have the [46:05] potential to be disrupted I like to say [46:07] disrupted as opposed to [46:10] lost I don't think that they're [46:12] necessarily going to be lost but jobs [46:14] will change [46:15] there may be jobs that that do [46:19] Transition [46:21] but new ones may be created they often [46:24] are and often what people do in those [46:27] professions change we often talk about uh [46:34] about ATMs and their effects on bank [46:37] tellers everybody was afraid that we're [46:40] going to lose all bank tellers that [46:42] actually grew bank tellers just do a [46:45] little bit different of a job than they [46:46] did 20 or 30 years ago so we expect some [46:51] disruption and we're starting to see [46:53] that already even in the hospitality [46:55] sector because of things like automation [46:58] automated Payment Systems ordering [47:01] online [47:04] um menus on your phone and whatnot so [47:07] it's changing jobs and what's needed in [47:10] the workforce and will continue [47:13] some quick takeaways as I mentioned it's a tight labor market we expect this [47:18] to last as long as the economy is good [47:20] recession will change everything but but [47:24] we expect there to be more more jobs [47:28] available [47:29] than there are job Seekers coming online [47:32] just because of demographics so this is [47:35] something that's that's likely to to [47:37] continue to happen it's a great time to [47:41] try to reach out and get some of those [47:43] people who are not in the labor force [47:46] into employment they're often very [47:49] difficult to serve very expensive to [47:51] serve to try to get people whether it's [47:52] those with disabilities whether it's a [47:56] those who are have long-term [47:57] unemployment [47:59] youth who have dropped out of school or [48:03] those who are just as involved but now [48:05] is probably the best bang for our buck [48:07] to be able to to get those people into [48:10] jobs because they're needed [48:12] wage growth is trailing the state and [48:16] houses housing costs [48:18] um [48:19] education is going to be critical as I [48:23] mentioned you can diverse diversify to [48:26] some extent but tourism is is critical [48:30] in trying to get to the same level as [48:33] the state as far as a a share of [48:36] employment probably is not wise or [48:39] realistic but there is opportunities to [48:42] try to to get more people into those [48:45] high-paying sectors [48:48] um [48:49] support those those high-paying sectors [48:51] and the people in it we don't yet have [48:54] data on those who may be working remotely or [48:59] who have relocated to work here remotely [49:02] there is data available on remote work [49:06] um but it shows kind of a mixed picture [49:07] as it relates to [49:09] the region there is opportunity though [49:12] potentially and maybe that's part of the [49:14] reason why we're seeing some of the fast [49:15] wage growth in those in those remote [49:18] work capable Industries [49:21] that pay well [49:23] lastly a small business there's [49:27] opportunity here to try to grow and [49:31] nurture that Community especially if [49:35] we've seen lower [49:36] um [49:37] lower startups here than than across the [49:41] state [49:42] if you want more information from us or [49:45] where to where to stay abreast for this data we have a website called [49:51] analytics.nccommers.com [49:53] there we highlight things like [49:56] nccareers.org which is our Career [49:58] Information System for the state where [49:59] we have we offer a free Career [50:03] Information System for those in school [50:06] and those in the workforce we have we've [50:09] had about 900 000 unique users across [50:13] the state [50:14] take assessments learn about the jobs [50:17] that are available and what it takes to [50:19] get them [50:20] and it's available for you in the county [50:23] at the local level as well we have area [50:26] profiles at the county level where you [50:29] can look at [50:31] economic conditions in your county is [50:34] updated monthly [50:37] and then we have two News letters that [50:40] you can follow on economic and labor [50:42] market statistics [50:44] we have a we also have a LMI Tuesday [50:48] mini webinar that you can you can follow [50:51] every other Tuesday on the first and [50:52] third of the month [50:54] so with that I'll conclude and I'll take [50:57] any questions you may have [51:00] thank you so much this is really great [51:02] content a lot to digest [51:04] um on that last takeaway in terms of [51:07] ways to kind of stimulate or nurture uh [51:12] startups and that kind of [51:13] entrepreneurial environment do you have [51:15] any kind of um [51:17] concrete examples that come to mind [51:19] where you've seen other communities able [51:21] to kind of reverse that Trend and [51:23] cultivate more of that startup [51:26] um there are uh I know that there is a a [51:30] startup Hub I forgot what that that I [51:33] think they the EDC runs [51:35] um here and I've seen that happen in a [51:37] lot of local communities I know Durham [51:40] has networking events that their their [51:44] chamber [51:45] offers there are social events [51:48] um which may be something especially if [51:50] you're attract if [51:52] you're attracting [51:54] um some more remote workers to get those [51:56] people integrated into [51:59] um not only the community but also a lot [52:03] of tech workers as you know are involved [52:06] in startup activities or could play a [52:08] role so a lot of counties and and edcs [52:12] tend to work on a lot on networking also [52:15] you know the sbtdc here in the region [52:19] has been putting more and more attention [52:21] to startups in the future I get in touch [52:25] with them to see what they're offering [52:27] and and their what they're seeing on the [52:29] ground [52:32] I had a similar question but in regards [52:34] to engaging those with hiring challenges [52:37] particularly Justice involved people [52:39] with disabilities [52:41] a lot of organizations that have Federal [52:43] funding for example are required to hire [52:45] someone with a bachelor's degree have [52:47] you seen any examples of where [52:51] you know communities have had success in [52:54] navigating some of those more difficult [52:57] hiring situations where requirements are [53:00] put on them in terms of who they can [53:01] hire so they can focus on hiring [53:05] I haven't seen that as much I know has [53:07] been talked about a lot in the state has [53:09] lowered their you know as a employer has [53:11] lowered their hiring requirements [53:14] um I think a lot of a lot of it really [53:18] is generated by the the business right [53:22] and so [53:24] um we've seen that employers have been [53:27] more willing to lower their standards [53:30] you can think of it when you know you've [53:33] got a stack of of resumes this high that [53:36] you need to whittle it down somehow and [53:39] often times things like education were [53:42] the first point of of that narrowing a [53:46] lot of employers when they have a stack [53:47] this high or they have nobody have [53:49] opened up [53:50] their requirements I haven't seen a lot [53:54] I know in some manufacturing [53:56] particularly where things like drugs are [54:01] more of a drug screening is more of an [54:03] issue I have [54:05] I haven't heard as much of the [54:07] requirements about [54:09] Justice fault that it doesn't surprise [54:11] me that there that there would be some I [54:15] even so I think there are still lots of [54:18] employers and I know the state's [54:20] division of Workforce Solutions the [54:23] local Career Centers here work with [54:25] Justice involved communities and [54:26] employers who are willing to to hire [54:29] there is federal bonding and other [54:30] method other ways to encourage employers [54:33] to work with with that population I [54:36] think there's some of it is an awareness [54:38] and some of it is just a natural [54:40] hesitancy but now more than any time in [54:44] my lifetime [54:45] it appears that there's more of a [54:48] willingness for employers to take a [54:51] chance I'm not saying it's easy and that [54:52] you've got a lot of employers wanting to [54:54] take a chance on on that type of [54:56] individual but there's more of a [54:58] likelihood now during the tight labor [55:00] market than their of her husband [55:04] Jeffrey you know when I would like to [55:06] see more of on reports like this is we [55:10] don't talk enough about the challenges [55:13] we have with people of color [55:16] you know overall Buncombe County is no [55:19] different from North Carolina or the [55:22] United States for that matter but I [55:25] think when you give reports like this [55:27] it's great don't misunderstand me but [55:31] we need to highlight [55:33] the obstacles and that we have in that [55:37] and what we can do to improve this sure [55:40] because this is a group that I still see [55:44] that we are losing a lot of valuable [55:48] Talent [55:50] right and we've got to discuss it and [55:53] tackle it and look at it and and if I [55:56] could go back to my I had a slide just [55:59] in case [56:00] it's hard to to know exactly what [56:03] everybody wants to talk about and try to [56:05] fit everything in a short presentation [56:06] so I have a couple slides at the end of [56:09] my presentation that are um [56:12] extras and so here's number one extra I [56:17] should say which is not to say that it's [56:18] not important [56:20] um it shouldn't be extra it should be [56:22] included you're right and and so [56:26] um when we talk about employment [56:27] opportunities in a tight labor market [56:29] it's a tight labor market overall but [56:32] it's not [56:33] that tight for everyone which again [56:35] leads some to question well [56:38] how how desperate are employers for [56:40] people when we have five and a half [56:42] percent [56:43] unemployment rate for black African [56:45] Americans in in Buncombe County so [56:49] um yes I I [56:52] um I'm sorry I didn't put this in the [56:54] front of the presentation [56:56] um but it is an important thing to to [56:59] call out and to address and to have a [57:01] Frank and honest conversation with [57:03] employers as well as reaching those [57:05] people and see if there's any other if [57:07] you know there there may be other [57:10] opportunities other barriers within [57:13] racial populations as well we need to [57:16] make sure that we talk about opportunity [57:18] youth people have dropped out of high [57:19] school [57:21] um you know how much overlap do we have [57:23] with race in Buncombe County so [57:27] yes [57:29] um [57:30] it's an issue [57:40] um I guess my only question [57:42] this time would be [57:45] you know there's over the last um 12 [57:49] months since the [57:50] um Congress passed the the so-called [57:53] inflation reduction act which is [57:55] actually about a lot of other stuff with [57:57] you know domestic manufacturing and uh [58:01] um clean energy economy related things [58:04] there's been the you know the largest [58:06] number of announced manufacturing [58:09] expansions and new manufacturing [58:11] projects in the country by like this [58:14] huge margin compared to any time in [58:17] decades right so we're going to go [58:19] through this big National Renaissance in [58:22] terms in the clean tech and [58:24] Manufacturing sector [58:27] um [58:29] what else should we be doing I mean [58:30] obviously those are all things that are [58:32] like what people in our community really [58:34] love right so is there is are there [58:36] other things that we should be doing to [58:38] position ourselves to benefit from [58:43] um the rapid growth in that sector I [58:45] mean I we've had a lot of great projects [58:47] happening in our area [58:48] when we look at a lot of things [58:50] happening around North Carolina we'd [58:52] love to see more of those projects you [58:54] know coming to Western North Carolina so [58:56] any thoughts sure [58:58] um yeah we're seeing uh high growth in [59:01] uh occupations such as solar [59:04] photovoltaic installers solar panel [59:07] installers in the uh in the state and in [59:09] the region working with Community [59:11] College on that but really the the new [59:14] green economy is going to require a lot [59:16] more electricians than we currently have [59:20] everybody's kind of struggling with that [59:23] in the state and and nationally so I [59:27] would you know certainly work with [59:30] um your local Community College make [59:32] sure that not only [59:35] are programs in place but also that the [59:40] community at large is aware of these [59:43] opportunities and and what it takes to [59:45] get into them [59:46] and that's what we're trying to do with [59:48] the NC careers I mentioned you know how [59:52] can we prepare the uh the students and [59:55] the job Seekers for future employment if [59:57] we don't tell them what that future [59:59] employment is and what it takes to get [1:00:01] there so [1:00:04] any other questions [1:00:07] all right Jeff thanks so much appreciate [1:00:09] you thank you [1:00:15] all right is that it for this item [1:00:18] okay all right I wasn't sure if we're [1:00:19] gonna go to the other slide all right [1:00:21] well then if that said on this yeah the [1:00:23] other side is just your information okay [1:00:25] great [1:00:26] all right well Commissioners that's [1:00:27] everything that we had on the agenda so [1:00:30] um [1:00:31] we are [1:00:39] Here Comes Rafael we were including that [1:00:42] for your information but we can discuss [1:00:43] it if that's yeah [1:00:46] okay so we're not doing that other PowerPoint [1:00:51] presentation of the meeting okay great [1:00:52] all right well then we're adjourned for [1:00:54] this meeting we'll reconvene I believe [1:00:55] you had a closed session yeah so we'll [1:00:57] reconvene it at five o'clock but we do [1:01:00] have a need for a closed session Mr free [1:01:01] would you tell us what the purpose is [1:01:03] yes sir Mr chairman Commissioners uh we [1:01:06] request to go in a closed session for [1:01:07] two purposes one [1:01:09] uh General statute 143 318 11 A6 that's [1:01:13] for uh Personnel moderate uh matters [1:01:16] considering uh qualifications confidence [1:01:18] performance of a County employee and [1:01:21] second for GS 143 31811 A3 to console [1:01:25] with attorneys uh regarding the matter [1:01:28] involving attorney client privilege we [1:01:30] just expect direction from the board [1:01:31] with no action to be taken an open [1:01:33] session [1:01:34] all right [1:01:37] is there a motion to go into closed [1:01:39] sessions second [1:01:42] all in favor say aye aye any opposed all [1:01:45] right from closed session