The City of Stonecrest - Stonecrest City Alliance
Transcription
The City of Stonecrest - Stonecrest City Alliance
The City of Stonecrest A Great Place to… Live ~ Work ~ Play Worship ~ Shop www.stonecrestcityyes.com The Proposed City of Stonecrest This cityhood effort is the culmination of 3 years, 2 fiscal feasibility studies, over 60 Public Forums & HOA Meetings, 2 General Assembly Study Committees, 1 DeKalb County-sponsored impact study, the Atlanta Regional Commission(ARC) Livable Centers Initiative (LCI) Study, 1 House vote, 2 Senate votes, and the signature of Governor Nathan Deal. www.stonecrestcityyes.com The Cornerstone of All Great Cities Live Nice Neighborhoods and an Attractive Standard of Living Work Very Few High Wage Opportunities for Residents Play Arabia Mountain National Heritage Area & Boundless Greenspace Worship Many Houses of Worship in Stonecrest Shop Commercial Areas Need Economic Development www.stonecrestcityyes.com The Vision for the City of Stonecrest The incorporation of the City of Stonecrest is vital… 1. To protect and enhance the standard of living of its residents with local zoning decisions and more responsive code enforcement, 2. To improve the commercial hub of the Mall at Stonecrest and dramatically increase the area’s tax base, 3. To attract high quality and innovative businesses to the Lithonia Industrial Park that will provide more jobs for Stonecrest residents, 4. To create an economic development engine to generate more commercial and industrial growth in the Stonecrest Business Corridor, 5. To provide an environment that fosters cooperative parental and corporate engagement in area DeKalb County Schools, which will have a positive affect on property values, 6. To develop a tourism industry that will take advantage of the vast and www.stonecrestcityyes.com scenic Arabia Mountain National Heritage Area Economic Development Master Plan For the City of Stonecrest (August 2013) www.stonecrestcityyes.com Commercial Development in Stonecrest The only viable option to salvage our rapidly declining commercial area is through cityhood: Create an Economic Development Department with a dedicated staff whose sole focus is on the development of an economic engine to spur growth of businesses in the City of Stonecrest Re-brand the Stonecrest Business Corridor to drastically improve the Stonecrest Commercial District (from the Stonecrest LCI Plan): Attract Quality Businesses to Stonecrest Mall and surrounding area Develop a mixed use Lifestyle Center with retail, housing, and office space near the Mall at Stonecrest (concept used in Atlantic Station) Create a Stonecrest Community Improvement District (Stonecrest CID) Create Convention and Visitors Bureau & Stonecrest Chamber of Commerce Build Stonecrest Convention Center along with a new Amphitheater Create Stonecrest Government Center (city hall, gov’t offices, and courts) Industrial Development in Stonecrest The only viable option to revitalize the underutilized industrial area is through cityhood: Re-brand the Stonecrest Business Corridor by Attracting New Industries to Lithonia Industrial Park: Light Industrial & Warehouse Space Build-out Space for Growing Film Industry Green & Alternative Energy Companies High Tech Company Partnerships with Local Research Universities Sell Abroad & Partner with Emerging Markets (ex. Cuba) Carl Vinson Institute Fiscal Feasibility Study for The Proposed City of Stonecrest (February 2015) www.stonecrestcityyes.com CVI Feasibility Study for Stonecrest For an area to be considered for cityhood in the State of Georgia, a feasibility study must be completed by a recognized organization: the Stonecrest feasibility studies were conducted by the Carl Vinson Institute of Government (CVI) at the University of Georgia: 2014 Study: Found Stonecrest to be too large (60 sq. miles with 83,000 residents), it surrounded the City of Lithonia, and the city wouldn’t generate the needed revenue to support a police department (FAILED) 2015 Study: Reduced footprint (29 sq. miles) and the number of residents (52,000) and selected a different mix of city services that would better affect the economic development in the area (PASSED) www.stonecrestcityyes.com Feasibility Study #1: City of Stonecrest FAILED in 2014 Feasibility Study #2: City of Stonecrest Lithonia Industrial Park City of Lithonia Stonecrest Mall Thompson Mill Rd Rockland Rd Arabia Mountain Rockdale County Henry County Rockdale County PASSED in 2015 Stonecrest City Services Three city services were selected that would have the greatest affect on the economic development and the standard of living in Stonecrest: Zoning – local control over residential, commercial, and industrial construction and growth Code Enforcement – vigorous oversight and control of the Stonecrest brand Parks & Recreation – promote tourism and healthy living in Stonecrest The City of Stonecrest charter provides for the implementation of additionalwww.stonecrestcityyes.com city services, as necessary City of Stonecrest Budget The initial budget was developed using the UGA Carl Vinson Institute (CVI) Feasibility Study estimated values, based on comparisons with comparable cities (Smyrna & Peachtree Corners); most of the new cities have used the CVI estimates and they have been quite accurate. The CVI Feasibility Study estimates that the City of Stonecrest will operate with a 20% surplus in the first year; so the city will be able to consider an acceleration of the implementation of key components of the 5-year plan in the Stonecrest LCI Study. www.stonecrestcityyes.com Revenue Occupation Taxes Alcoholic Beverage Taxes Personal Property Taxes Hotel/Motel Taxes (General Use) Hotel/Motel Taxes (Restricted to Tourism) Business License – Alcoholic Beverages Bank Shares Taxes Intangible Development Fund Zoning & Variance Fees Insurance Premiums Taxes Homestead Option Sales Taxes (Restricted to Capital) State Grant-Community Development Block Grant Miscellaneous Franchise Fees Real Property Taxes Real Property Taxes – Penalties Total Revenue Estimate $1,319,493 $409,295 $23,464 $93,541 $155,902 $131,472 $72,104 $5,355 $406,813 $7,150 $2,557,363 $188,873 $482,652 $3,177 $3,842,567 $146,590 $2,340 $9,848,152 City of Stonecrest Revenue The revenue estimate reveals some very interesting facts: There are revenue streams that are only accessible to incorporated municipalities (franchise fees, hotel/motel taxes, insurance premium taxes, etc.), that’s millions of dollars for development and improvements that goes unused on an annual basis There is no property tax increase planned for Stonecrest, since property taxes account for less than 10% of the city’s annual revenues There will be sufficient funding to begin economic development activities as soon as the city is incorporated www.stonecrestcityyes.com Unincorporated DeKalb County Tax Bill All taxes are split between County and State Tax Bill for a City No tax increase; taxes are split between City, County and State Expenses City Council Administration (City Manager & City Clerk) General Operations & Administrative Services (includes IT, Finance, Human Resources, etc.) Facility Leases Legal Department Community Development Planning & Zoning Code Enforcement Building Inspections Municipal Court Parks Tourism Contingency Fund Total Operating Costs $403,227 $546,550 $1,370,302 $230,176 $189,818 $234,106 $210,885 $379,594 $370,676 $9,382 $3,046,256 $155,902 $388,889 $7,535,765 Capital for Park Acquisition** $267,470 General & IT Start-Up* $106,983 Total Annual Expenditures $7,910,218 * This amount represents one-time costs for furniture and financial software purchased for general government purposes in Peachtree Corners. ** Park Acquisition is a one-time cost City of Stonecrest Expenses The expense estimate shows how each tax dollar will be spent: The city council estimate will be lower because the bill signed by the governor has lower salaries for the mayor and city council than was used in the CVI Study The Parks Acquisition & Maintenance estimate assumes Stonecrest will acquire ALL of the parks currently in the city’s footprint; the acquisition will be negotiated with DeKalb County and the State of Georgia Police, Fire, and 911 Services will remain with DeKalb www.stonecrestcityyes.com County Surplus Total Annual Revenues $9,848,152 Total Annual Expenses $7,910,218 Amount of Revenue exceeding Expenses www.stonecrestcityyes.com $1,937,934 Do You Have Questions About The City of Stonecrest? Answers, FAQ & Links to All Studies: www.stonecrestcityyes.com www.stonecrestcityyes.com
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