State of the CommunityLuncheon

February 4, 2011Odawa Casino Resort

Ovation Hall

Sponsored by

State of Emmet CountyJames E. Tamlyn

Chairman,Emmet County

Board of Commissioners

Emmet County State of the County

James E. TamlynChairman

Emmet County Board of Commissioners

Harbor Springs

Sunrise, Crooked Lake

The Headlands

Eclipse Event

Dec. 21, 2010

Photo courtesy of Robert de Jonge

The Headlands

(Photo courtesy of Robert de Jonge)

Camp Pet-O-Se-Ga

Toys for Tots donation

Shoreline at the Headlands

CCE/9-1-1 Dispatch Center in Petoskey

CCE/9-1-1 Dispatch Center

Jim Linderman

Students at McGulpin Point Lighthouse

Spring at Petosega

Cedar Creek, Camp Pet-O-Se-Ga

Memorial Day, Petoskey

Petoskey High School Marching Band

Emmet County K-9 Unit,

Officer Poumade & Zoom

Beach at Petosega, on Pickerel Lake

McGulpin Point

Lighthouse

Mackinaw City

Bay Harbor Marina

Harbor Springs

Concerts in the Park, Petoskey

Sunset at Pellston Regional Airport

Waugoshance Point Lighthouse

Emmet County Fair

Pellston Regional Airport

Pickerel Lake at Petosega

Foggy morning, Petosega

Five miles of trails at the Headlands

Community Building at the Fairgrounds

Geocache Event, Petosega

Veterans Day, Petoskey

The ‘Big Rock’ at McGulpin Point

McGulpin Point Lighthouse

Resort Township

Cecil Bay beach

Promotional materialsCounty promotional materials

Headlands Challenge Oct. 30, 2010

Public Schools of Petoskey named Recycler of the Year 2010

Pellston Regional Airport

Resort Township

Biking the Tunnel of

Trees, M-119

State of the Local Economy

Carlin SmithPresident,

Petoskey Regional Chamber of Commerce

State of the Local Economy2011

Carlin Smith

Petoskey Regional Chamber of Commerce

Chamber Survey—Fall 2010

Mostly Small Businesses• 75% of respondents had 15-employees or

less

• 53% of respondents had gross revenues less than $500,000

• But 20% had gross revenues between $1 million and $5 million

Survey—Business Stability

60% of respondents have had their business located in Emmet Co. for 11-years or more.

28% for 26-years or more 15% for 51-years or more 60% have been under current ownership

for 11-years or more

Survey—Gross Revenue

Past three years• 41% say revenue increased

• 21% said revenue held steady

• 38% said revenue decreased

Next three years• 66% say revenue will increase

• 29% say revenue will hold steady

• 5% say revenue will decrease

Survey—Number of Employees

Past Three Years• 23% said number of employees increased

• 51% said number of employees held steady

• 26% said number of employees decreased

Next Three Years• 31% said employee # will increase

• 65% said employee # will hold steady

• 4% said employee # will decrease

Survey—Greatest challenges, Past three years/Next three years

79% / 77% General Economy 43% / 46% Health Insurance 29% / 32% Marketing Your Business 28% / 28% State Taxes 24% / 33% Federal Taxes 21% / 25% Tourism Activity 21% / 15% Technology Services 18% / 18% Local Taxes 18% / 21% Availability of a Qualified Workforce

Survey—Greatest Challenges, Written Response

Health Care Reform!

Health Care Task Force Forum to be held April 28th at NCMC

What’s Different?

Sweeping Political Changes Both at Federal and State Levels “We now have a Governor that

understands the business sector.” Changes in tax structure? MBT? “Jobs are Job 1”

Jobs are the key…

Dec. 2009 Dec. 2010

Emmet County 18.6% 15.8%

NW Michigan 16.2% 13.0%

State of Mich. 14.3% 11.7%

Unemployment Rates

After Jobs, then…

…Real Estate Still a struggling economic sector here Some stabilizing in property values And home sales were up a bit But foreclosures increased again in 2010 And Commercial Real Estate is still slow

to move

After Jobs and Real Estate, then…

…Building and Trades Still very little activity in residential

construction Only 18-lots were sold in Emmet County

last year, 14 of those in Bay Harbor

Jobs to Real Estate to Building/Trades will not happen quickly

Local Economic Strengths--Tourism

Tourism was pretty good in 2010 Noticeable improvement over 2009 Hoping for passage of $25.4 million for

Pure Michigan funding And we hope that will include winter

tourism promotion next year Begin to attract kayakers to the new

Bear River Recreation Area

Local Economic Strengths--Resortism

Bay Harbor• First-class events in 2010, particularly the

Antique and Classic Boat Show

• Environmental Clean-up moving toward a conclusion

Bay View• Renovation of John Hall Auditorium

• 2010 was 135th Season

Local Economic Strengths—Health Care

Some tough decisions in late 2010 Careful consideration of a future

affiliation John & Marnie Demmer Wellness

Pavilion and Dialysis Center

Other New Investments

John & Marnie Demmer Wellness Pavilion and Dialysis Center

Pellston Regional Airport Snow Removal/Airport Rescue Facility

Kilwin’s Manufacturing Facility Bear River Recreation Area Harbor Springs Airport

Other New Investments

Emmet County Recycling Materials Recovery Facility

Petoskey Surgeon’s Medical Office 14-new Businesses opened in

Downtown Petoskey• Twisted Olive

• Palette Bistro

Other New Investments

Chamber Ambassadors hosted 73-Ribbon Cuttings in 2010!

Chamber’s Role

Encourage purchasing from local businesses

Help break down barriers for entrepreneurs

Advocate for better tax structure Advocate for ease in regulatory burdens

for businesses

Chamber’s Role

Educate and advocate regarding health care reform and health insurance rates

Advocate for better air service Advocate for Pure Michigan funding Assist businesses with marketing skills

and networking opportunities Promote Petoskey and care for those

who visit

Chamber’s Role

Bottom line… …stick to our mission of helping area

businesses succeed.