Page 73 - Florence County, SC Florence County 2032: Connecting Our Past, Defining Our Future

BY THE NUMBERS
$3.5 Billion—Projected economic return
of the National Bio- and Agro-defense Facility
(NBAF) in the first twenty years.
NBAF is expected to be operational by 2022-2023 and
will be the U.S. Department of Homeland Security’s
primary animal disease research facility in the
nation. NBAF is expected to bring 40 businesses and
laboratories to the greater Manhattan region. Early
engagement activities noted that the future National
Bio- and Agro-defense Facility (NBAF) at Kansas
State University could present opportunities for
collaboration and business growth in Pottawatomie
County, given the County’s proximity to Manhattan
and the level of agricultural facilities within the
County.
$322 Million—Total impact of agriculture
and food sectors on Pottawatomie County’s
economy in 2017.
Total agriculture, food, and food processing sectors
constitute approximately seven percent of the
County’s workforce. The impact of agriculture and
food sectors to the County’s economy includes both
direct, indirect, and induced impacts. For much of its
history, Pottawatomie County’s economy was driven
by agriculture and ranching. Economic diversification
has steadily occurred within the County, enhancing
the County’s competitive position in the greater
Manhattan region. The County now has a vibrant
manufacturing sector as well as strong health care
and educational employment. By industry sector the
two largest industries in Pottawatomie County are
manufacturing (27 percent) and retail (12.7 percent).
Together these industries make up approximately
forty percent of the jobs in the County. Source:
LEHD Census data, 2017.
66 | Plan Pottawatomie County 2040
PLAN POTTAWATOMIE COUNTY 2040
7.7 Percent—Growth in sales tax revenue
in Pottawatomie County from 2013-2017.
Sales tax revenue in Pottawatomie County has
steadily trended upward, rising from $4,639.523.14
in 2013 to $5,000,635 in 2017, slightly lower than
in 2016. Sales tax continues to be an important
revenue component for the County. As growth
has accelerated in the County so too has demand
for neighborhood serving retail within the County.
Current state limits on the ability of the County to
increase mill levies above a certain level without voter
of approval make sales tax an essential component
of the County’s budget. Pottawatomie County’s
sales tax rate is 7.5 percent. Of this, 6.5 percent goes
toward the Kansas sales tax rate and 1 percent goes
toward the County rate.
The total sales tax rate varies by city, with some cities
having higher total sales tax rates. Pottawatomie’s
per capita state sales tax collection in 2016 was
$1,311, one of the highest in the state and higher
than the state average of $935. The per capita sales
tax collection has steadily increased from $988.02 in
2010 to the 2016 level of $1,311. Early engagement
discussions attributed some of this increase to an
increase in retail developments in the portion of the
City of Manhattan within the County limits.
Adopted - August 19, 2019