1. Economic Development in Arizona’s Communities Prescott Valley’s role Government Finance Officers Association of Arizona (GFOAz) Winter Conference Prescott, Arizona February 20, 2013

2. Town of Prescott Valley Founded 1966 Incorporated 1978 Population: 1,521

3. Circa 1970

4. Town of Prescott Valley 2002 - Economic Development Manager position created Top Two Goals:  Keep dollars in town  Attract new dollars

5. Town of Prescott Valley Business Attraction efforts No Town-owned land Developer/landowner cooperation End Users Incentives? Results: FY 12 best retail sales ever Retail Sales: $254.3M

6. Town of Prescott Valley  1993 Population 11,440  2012 Population 38,964  Increase240%  1993 retail sales $65.1M  2012 retail sales $254.3M  Increase 290%

7. Prescott Valley 2012

8. Town of Prescott Valley Tourism/visitor efforts Chamber of Commerce partnership  Marketing  Events Example: AIA championships 20,000 visitors in February February a leading hospitality month

9. Tim’s Toyota Center

10. Town of Prescott Valley PVEDF and Town Partnership  501c4 membership organization  Board elected by membership  Contract with TOPV since 1996  TOPV only source of public funding – PV-centric

11. Town of Prescott Valley  Contract – performance measures  Marketing, trade shows etc.  Exchange of information  Cooperation and Collaboration

12. Town of Prescott Valley Regional Cooperation Verde Valley – A Model? Wine Industry Development  Wineries, tasting rooms etc.  New Spinoff Businesses  Revitalized downtown  Enology program at Yavapai College

13. Town of Prescott Valley Future Regional ED Group in Western Yavapai County? Private Sector-led effort Issues: Funding, Governance etc.