Business Tax Reform Task Force Final Report ~ - ~ -~ Chart A - PowerPoint PPT Presentation

City of Alexandl'ia Business Tax Reform Task Force Final Report

~ - ~ -~ Chart A Business Activity Measured by Total Private Wages for Alexandria, Arlington and theWashington Metropolitan Area 95% t- 90% 85% +-,-,-,-,-,-,-,-,-,-,-,-~ Calendar Year * Alexandria Annual Private Wages Adjusted f or Inflation Arlington Annual Private Wages Ad justed f or Inflation • Washington Metro Ar ea Annual Private Wages Adjusted for I nf lation

"J".(j'V~ ~ '),\)'\.~ ~ ~ ~ ~ -'"' Chart B Other Business Health Indicators for Alexandria .. 2000 to 2013 115 % 110% \ 105% \h 10 0% .. - .. -'" X ';'; 95% / *-,.. , .. - JOO L=lO O % 9 0% 85% / 8 0% 'rI 75% ,,<> <>,p <>' cfl" cfl <> '" <> '" "J".(jO"'" ",<> ')., 'V'\.'). cfl '" cfl '" ",f::j'\.'), 'V '); '),.\S '),,\5 "," '); '); '); Calendar Years -*" E mp l oyment (Jobs) in Alexandria • New Business Li censes U Alexandria Total Establishments

~ ~ ~ ~ ~ ~ ~ ~ ~ _,~ ~ ~ ~ ~ ~ _,~ Chart C Business Gross Receipt Tax Revenues $40,000, 000 ...... $35,000, 000 .. • r .. r $30,000, 000 r $25,000, 000 $20,000, 000 $15,000, 000 do ,,'" "" ,,'> "" ,,' _,,'> ,," _",> ,," _,,0, ,, 0, Fiscal Years • Bus in ess Gross Recept Taxes _- BPOL Taxes Ad justed for I nf l at ion

~ ~ ~ 8 0% Chart D BPOL Tax Revenues FY 2000 to FY 2013 12 0% ,--------------------------------------------------------- 11 0% +--------------------------------------------------------- 10 0% +- 90% 70% I --=:;A r '------------------- 60% t- . --------------------------------------------------- 50% +---,---,---,---,---,---,----,---,---,---,---,---,---,---, Fiscal Years * BPOL Adjusted for I nf lation & Pop Growth • BP OL Tax Reven u es

-~-~ ~ ', ~<:> ~ Chart E Major Business Tax Revenues Adjusted for Inflation & Population Growth 1 40% , 130% " "" , 1 20% , , o.aging..Iax Rate...wasJncraas _ ed sienLL __ 110% 2007 = 100 % from 5.5% to 6.5% in FY 2009 )( 100% 90% 'Ito , ...... - - ..... - - - - '" 80% ..... - - 70% ()'1 ()'b ",< : ,oJ 1-<:>",1- 1-<:>"'0, 1-"''''''' 1- <:5 1-<:5 1-'" '); Fiscal Years • BPOL Adjusted f or Inflation & Pop Growth • Meals Tax Adjusted for Inf lation & Pop Growth - Sales Tax Adjusted for Inflation & Pop Growth -& -)to- Tr ans. Lodging Adjusted for Inflation & Po p Growt h

"'~ "'~ ~ Alexandr i a ~ Chart F Ratio of Private Employees to Population in Alexandria and Arlington 65% ..... '--.... 60 % 7 ... .... • 55% "= 50 % 45 % "," ",,0, ,>,," ,-" "po, '\.'\. dO,'> "",' ""," 1- o 1-\;) ..... '), ,,<S "" 0; 0; 0; 0; 0; 0; 0; 0; Calendar Years Ratio of Private Em ploy ment to Population _ Arlington Rat io of Private Employees to Po pulation

"~ Chart G Gross Receipt Taxes Per Capita in Alexandria, Arlington and Northern Virginia $280 /' $230 $180 $130 $80 ~ ,,'" ')..0"'>''1- ,,'0 <§p ,,'Of) ",,'? "" ",,' ",," ",,'" ",,'" ",," "" "" "" 1: 1: 1: 1: 1: 1: 1: 1: 1: Fiscal Years • A rl ington Gross Receipt Tax Re v enues Per Capita • Alexandria Gr oss Receipt Tax Re v enues Pe r Capita • Northern Virgi nia Gross Rece ipt Tax Re v enues Per Cap i ta