Bal all Sta l State e Un Univ iver ersity sity - Purd rdue e Jo Join int t EDA Un Univ iver ersi sity ty Cen enter er 2020 0 Sh Showcase case Michae hael J. Hicks, ks, Ph.D. D. Direct ector, Cent enter er for Bus usine iness and nd Economi nomic c Res Resea earch ch and nd George ge & F Fran ances ces Ball ll Distinguis inguishe hed Profes essor Geoff f Scho homa macker Proje ject ct Mana nage ger, , India iana na Commu munit nities ies Instit itute David id Ter erre rell ll Execut ecutiv ive Direct ector, , Indian iana Commun munit ities ies Instit itute C E N T E R F O R B U S I N E S S A N D E C O N O M I C R E S E A R C H | I N D I A N A C O M M U N I T I E S I N S T I T U T E I N D I A N A C O M M U N I T I E S I N S T I T U T E | B A L L S T A T E U N I V E R S I T Y B A L L S T A T E U N I V E R S I T Y
The he Ball ll Sta State EDA Un Univ iver ersity sity Cent nter er Team am Center er for Busin siness ss and Ind ndiana iana Commun munities ities Economic omic Rese search Ins nstit titut ute Michael Hicks David Terrell Srikant Devaraj Brian Blackford Dagney Faulk Candy Dodd Victoria Meldrum Beth Neu Emily Wornell Seregow Angie Popplewell Graham Watson Geoff Schomacker Bow owen en Center er for Publi blic c Affair airs Charles Taylor I N D I A N A C O M M U N I T I E S I N S T I T U T E | B A L L S T A T E U N I V E R S I T Y
Ov Over ervie view Curre rent t COVID-19 19 Rela lated d Ac Activiti tivities Community Economic Development Academy Community Change Sessions Indiana Philanthropy Alliance Lt. Governor’s Rural Road to Recovery COVID- 19 Effects on Indiana’s State and Local Taxes Planned nned COVID-19 19-Rel elat ated ed Ac Activi ivitie ties s Courses/Tools Local Leadership Fiscal Management in a Crisis/Disaster Communications in a Crisis/Disaster Small Business Crisis Management Studies/Tools Comprehensive Wealth Framework County Revenue Impacts (Resiliency and Stress Test) Population and Employment Stability in a Long Recovery I N D I A N A C O M M U N I T I E S I N S T I T U T E | B A L L S T A T E U N I V E R S I T Y
Com ommunity unity Eco conom nomic ic De Developm lopment ent Academy Acade Suite of courses and modules to address the current training needs of practitioners and policy makers in community economic development Regional Leader Certification Program Secret Recipe: Start with the future students Engage multiple academic disciplines Bring in the practitioners Put them all in the classroom and stir I N D I A N A C O M M U N I T I E S I N S T I T U T E | B A L L S T A T E U N I V E R S I T Y
Com ommunity unity Eco conom nomic ic De Developm lopment ent Acade Academy Suite of courses and modules to address the current training needs of practitioners and policy makers in community economic development 21 st Century Economic Development Community Development Course Economic Development Basic Course Local Gov’t Finance Fundamentals Local Gov’t Finance Decision Making Organizational Leadership Administrative Management for Regional Organizations Project Management for Regional Organizations Decision Making Using Comprehensive Community Wealth Indicators Housing through the Current Community Economic Development Lens Asset Based Community Development in the 21 st Century I N D I A N A C O M M U N I T I E S I N S T I T U T E | B A L L S T A T E U N I V E R S I T Y
Com ommunity unity Cha hang nge e Ind ndiana iana Phila ilanth throp opy y Alliance liance/Lil /Lilly ly End ndowm wment ent Involved over 500 people in cutting edge community economic development education and planning activities Consi side dera rati tion ons s for for Community unity Change nge 1-day workshop: 15 counties County-Based Communi nity ty Devel elopm opment nt 2.5 day course: 8 counties Commun munity ty Conversations sations/R /Read adine ness ss for for Change nge Report: 8 counties; multi- month effort I N D I A N A C O M M U N I T I E S I N S T I T U T E | B A L L S T A T E U N I V E R S I T Y
Lt. Governor’s Rura ral l Roa oad d to o Reco cover ery Ball State and Purdue EDA University Center representatives appointed to task force. Our mission is to aid and inform the five state agencies in the Lt. Governor’s portfolio as they update existing strategies and create new ones to respond to COVID-19, especially in rural Indiana. As part of this immediate response we conducted statewide focus groups of local elected officials, regional planning organizations, economic development officials, visitor bureau leaders, Main Street directors, community foundations, and rural health representatives to inform the State’s plans Office of Comm mmun unity ty and Ru Rura ral Affa fairs Depa partm tmen ent t of Agri ricul ultur ure Housi using and Comm mmun unity ty Dev evelop opme ment t Author thority ty Office of Broadba roadband d Oppor portun unitie ties Office of Touri ourism sm Dev evel elop opme ment t / Destin tinati ation on Dev evel elop opme ment t Corpo porati ration I N D I A N A C O M M U N I T I E S I N S T I T U T E | B A L L S T A T E U N I V E R S I T Y
Pla lanned nned COVI VID-19 19-Relat elated ed Activities Activities Local Resilienc ency y St Strateg egies es in Respon onse e to COVID-19 19 A series of tools and training programs to help local officials respond to the challenges that occur from natural and economic disasters – specifically this coronavirus pandemic, but also as part of a larger agenda around resiliency in order to be better prepared for the next disaster including: Local Gove vernme nment nt Resiliency ency – building disaster response into all plans, immediate concerns, who to engage, disaster plan execution, tracking details – for example cost recovery documentation Disast ster/ er/Crisi risis Commu muni nicat ation ons – who, what, when, how, and why to message during a crisis Crisis/Disas s/Disaster er Fiscal al Managem nagement nt – planning with contingencies, understanding and dealing with revenue shortfalls, where to engage for guidance and assistance Executi utive/ e/Small Small Busine ness s Owner ner Disaster er Respon onse se - incorporating disaster into business plans, how to work with units of government during response and recovery, how to communicate during a crisis and recovery I N D I A N A C O M M U N I T I E S I N S T I T U T E | B A L L S T A T E U N I V E R S I T Y
Su Summer er 2020 0 Reg egional ional Res esil ilie iency ncy Work: rk: Revenu enue e St Stre ress ss and Regional Growth Micha hael el J. J. Hicks, ks, Ph. h.D. Director and G George & F Frances Ball Distin ingui uish shed Profe fessor sor C E N T E R F O R B U S I N E S S A N D E C O N O M I C R E S E A R C H | B A L L S T A T E U N I V E R S I T Y C E N T E R F O R B U S I N E S S A N D E C O N O M I C R E S E A R C H | B A L L S T A T E U N I V E R S I T Y
Th This is Tal alk k • County ty Re Revenu enue e Impacts cts (Resi esilie liency ncy and Str Stress s Test) t) • COVID ID-19 9 ha has ha had larg rge e employment yment and nd Fisc scal al Ef Effects ts • Signif ific icant ant tax and economic mic differen ences ces challenge enge local budget develop elopme ment nt for FY21 and later • Population lation and nd Em Employme yment nt Sta Stability lity in n a l long ng Recover ery y • Micro ropolit politan an area study y (RWJF) WJF) • Gro rowt wth in jobs s and people le tied to p placema emakin king g success ss • Amenities nities yes, , but wh what typ ypes C E N T E R F O R B U S I N E S S A N D E C O N O M I C R E S E A R C H | B A L L S T A T E U N I V E R S I T Y
A Medium um-Ter erm m Look k at COVID ID- 19 Effects on Indiana’s State and Local l Taxes es (Faulk ulk, , Hicks ks and Devaraj) araj) Figure 1, Five Economic Scenarios of Indiana GDP 2017-2021 ($2020) C E N T E R F O R B U S I N E S S A N D E C O N O M I C R E S E A R C H | B A L L S T A T E U N I V E R S I T Y
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