2024 State of the County Program

STATE OF THE COUNTY PRESENTED BY

This Program is Proudly Sponsored by

Providing Peace of Mind Since 1969 AUTO

HOME

LIFE

FARM

BOAT

BUSINESS

MMARKUS@MARKUSINSURANCE.COM

117 W GAINES ST LAWRENCEBURG, TN 38464

MARKUSINSURANCE.COM

Mindy Markus VICE PRESIDENT

(931) 762-9401

Within the following pages, you will find a summary of commentary and data points presented at the Lawrence County Chamber of Commerce’s inaugural State of the County event held at the Southern Tennessee Higher Education Center in January 2024. This gathering of more than 100 business leaders and county officials serves as an opportunity to reflect on the progress and challenges that have shaped our community while giving local leaders an opportunity to engage, inform, and inspire attendees of the event and readers of this publication.

We have curated an insightful program that delves into the current status and future prospects of our county and city governments, providing an overview of policies, initiatives, and the tireless efforts of our dedicated public servants. In parallel, our exploration extends to the Lawrence County School System, where education plays a vital role in shaping the trajectory of our youth. Through this lens, we aim to foster a deeper appreciation for the impact education has on our community's vitality and resilience. Moreover, a segment dedicated to a comprehensive statistical analysis of the local economy provides a valuable perspective on where we’ve been and where we’re going.

“...actively participate, ask questions, and continually contribute...”

As we study this moment in time, it is my hope that the information provided promotes collaboration and shared vision. Our team encourages you to actively participate, ask questions, and continually contribute to the discourse that shapes the direction of our community.

Thank you for your commitment to Lawrence County, and your dedication to building a stronger, more resilient future together.

Sincerely,

Ryan Egly I President & CEO Lawrence County Chamber of Commerce 2024 STATE OF THE COUNTY

1

STATE OF THE COUNTY

by County Executive David Morgan After almost a year and a half as County Executive, I can say I’m enjoying the work even more than I expected.

It has been a huge learning experience, and I expect there is much more to learn. I chose to run for office because I want to help people.

It’s a real privilege to work with leaders on the local, state, and national levels. I’ve been able to form friendships among members of the National Association of Counties, Tennessee County Services Association, Association of County Mayors, the Lawrence County Commission, civic leaders and leaders among many more local and regional organizations.

I rely on these relationships to achieve important goals for Lawrence County, including development of our first long-term strategic plan. The issues we face now will continue to present challenges in the future, so laying the groundwork now is the right thing to do. These include: Support for our First Responders Economic & Community Development Education Infrastructure Sanitation I was sworn into office two months into the 2022-23 budget. It included a very healthy budget surplus and funding in place to complete a school expansion program, and build two new courtrooms in our courthouse.

At mid-year, we addressed a crisis in Emergency Medical Services. We had two ambulances on the road when we needed at least four, and were losing staff to counties

2

LAWRENCE COUNTY CHAMBER

offering higher wages. Commissioners stepped up to provide a much-needed raise and additional funds to get more ambulances in service. We also made slight changes in our ambulance service rates, the first in 20 years, to help cover those expenses.

The effort to recruit Project Gemini to our community was a great experience. There were a lot of moving parts involving the State of Tennessee, local officials, and local & regional economic development team.

Thankfully, we live in a community that’s known for achieving great things together. In May, Commissioners approved the sale of 72 acres in Team Lawrence Commerce Park to Magna International and purchased 150 acres of new industrial property on the east side of U.S. 43. Grants secured by the Chamber provided $2.75 million toward that purchase, so the county’s share was just $265,000.

Now in fiscal year 2023-24, we continue to address our priorities: Commissioners provided $250,000 to complete the Jason Dickey Fire Training Center. This supports paid and volunteer first responders by eliminating out-oftown travel for required training.

With funds from the state to fund School Resource Officers, we were able bring the salaries of Sheriff’s Deputies and Corrections Officers up to a more competitive level.

The cost of garbage disposal went up significantly in October 2023, forcing us to address a solid waste fee that had not changed in 20 years. We also hope to create convenience centers to provide additional options for residential garbage disposal and plan to launch a ‘Keep Lawrence County Beautiful’ campaign to deal with our litter problems.

Lawrence County Government has 285 employees, and most are at or near the pay suggested in a 2020 salary survey. In this budget year, we were able to provide an across-the-board raise of 5% to help our employees deal with inflation affecting all households.

57.7¢ goes to the General Fund

25.5¢

9.3¢

goes to the General Purpose School Fund

goes to the Highways/ Public Works Fund

4.6¢

2.9¢

goes to the Debt Service Fund

goes to the Solid Waste Fund

SALES TAX REVENUE $2,500,000.00

$2,000,000.00

$1,500,000.00

$1,000,000.00

$500,000.00

$0.00 20 21 20 22 20 23

From a budget perspective, Lawrence County is in a better position after a state-mandated reappraisal raised property values to reflect the current real estate market. The tax rate was dropped because each penny of property tax is worth more. The lower rate makes us more attractive to retail, industrial, and housing developers.

For every dollar of property tax paid in Lawrence County:

20 18 20 19 20 20

I am working with Director of Schools Michael Adkins to plan for population growth that will affect our schools, particularly in the north end of the county.

2024 STATE OF THE COUNTY

3

STATE OF LAWRENCE COUNTY SCHOOLS

by Director of Schools Michael Adkins Under the direction of Mr. Kevin Caruso, Chair of the Board of Education, Vice Chair Mr. Royce Neidert, the Board of Education and the nearly 1,000 employees who serve as Difference Makers to nearly 7,200 students, we give thanks to the Lawrence County Chamber of Commerce for hosting an event spotlighting what makes Lawrence County one of great interest for those who are beginning and or raising a family or developing a business or industry. Here they find a county where their children and grandchildren are provided a quality education in safe learning environments where education is valued. As a beneficiary and product of the Lawrence County School System, I appreciate the commitment made by elected officials ensuring students today and tomorrow have educational opportunities that lead to prosperity while continuing to call Lawrence County home. It has been said many times, a strong economy rests on the shoulders of education-Education Drives Economic Development. Lawrence County leaders understood this simple premise years ago, and leadership today is preparing a pathway for the next generation of business leaders and job creators, future educators, 21st century entrepreneurs, and civic leaders.

Since 2020, LCSS and the County Government have invested close to $32 million for student, faculty, and staff technology needs, new and updated facilities, additional classrooms, cafeteria expansions, a new gymnasium, student athlete performance center, refinished gymnasium ceilings, parking lots, roofs, as well as Career and Technical Education program upgrades. LCSS is in the initial stages of a building plan to address estimated growth in our county. The Board is planning for what

4

LAWRENCE COUNTY CHAMBER

LCSS and Lawrence County may resemble in 2030-2033. A proactive approach rather than reactive.

94% of educators who begin their career with LCSS remain in our system. Educators who join LCSS in their intermediate years, tend to remain with LCSS to retirement. With a nationwide teacher shortage, LCSS was one of the first in our region to take advantage of the Grow Your Own and the ITeach programs. Both of these programs provide opportunities to LCSS employees and community members interested in education, a pathway to join our profession as educators. LCSS has the largest enrollment in UT Southern’s GYO program.

CTE program offerings are among the best in the state. LCSS continues to develop programs at all three high schools addressing the needs of the 21st century workplace.

For the 2023-2024 fiscal year, LCSS manages a $63 million budget. Current beginning salary for educators is above state trajectory for 2027. In 2023, the Board addressed salary discrepancies for all employees. Within the LCSS budget are two areas addressing the emotional and mental health needs of our students as well as academic coaches to assist our teachers with strategies and techniques for enhanced instructional practices. TISA, the new funding model for public education, provided more funding and much needed flexibility for LCSS to address the needs of our students, faculty, and staff.

In LCSS, we are not preparing our students for something, we owe them the knowledge and skills to be prepared for anything. Our budget reflects our desire to be Difference Makers in the lives of students.

STUDENT-TEACHER RATIO

16:1 551

NUMBER OF TEACHERS

GRADUATION RATE Lawrence Co

6,949

STUDENTS ENROLLED 23-24 SCHOOL YEAR

CTE CONCENTRATOR RATE Lawrence Co

Tennessee

100.0

80.0

60.0

40.0

20.0

Tennessee

100.0

0.0

80.0

2019

2020

2021

COLLEGE-GOING RATE

56.5%

60.0

40.0

20.0

0.0

2018

2018

2019

2020

2021

2022

MEALS SERVED (22-23)

1.44 M MILES DRIVEN (22-23)

744 K

INDUSTRY CERTIFICATIONS

1,569 DUAL ENROLLMENT (FALL & SPRING)

832

Source: Lawrence County Schools, TN Dept. of Education

2024 STATE OF THE COUNTY

5

STATE OF THE CITIES

In an era dominated by urbanization, the often-overlooked rural cities and towns play a vital role in maintaining the fabric of our society. Emphasizing the importance of livability, parks & recreation, downtown development, and public safety is key to ensuring the sustained growth and prosperity of these often underestimated locales. In their own unique ways, the cities of Lawrenceburg, Loretto, St. Joseph, and Ethridge have recognized the importance of investing in these assets, services, and initiatives, yielding economic gains and inspiring a greater sense of community.

LAWRENCEBURG Population: 12,176 Since 2020 Census: +5.15% Annual Growth Rate: +1.26% 2030 Population: 13,097 Avg. Household Income: $46,865

LORETTO

Population: 1,827 Since 2020 Census: +4.94% Annual Growth Rate: +1.22% 2030 Population: 1,965 Avg. Household Income: $59,799

ST. JOSEPH Population: 836 Since 2020 Census: +5.56% Annual Growth Rate: +1.33% 2030 Population: 908 Avg. Household Income: $45,647

ETHRIDGE Population: 562 Since 2020 Census: +5.24% Annual Growth Rate: +1.26% 2030 Population: 610 Avg. Household Income: $51,551 Source: World Population Review

6

LAWRENCE COUNTY CHAMBER

STATE OF THE ECONOMY

by Ryan Egly Lawrence County is experiencing a notable surge in economic development, marked by initiatives that bolster local industries, create employment opportunities, and enhance overall community well-being. Over the past few years, the county has strategically invested in diverse sectors, fostering a resilient economy poised for sustained growth.

One of the pivotal factors contributing to Lawrence County's economic upswing is its commitment to diversifying its industrial landscape. The county has successfully attracted new businesses while supporting existing ones, fostering a business-friendly environment. The expansion of publicly held industrial parks has been a cornerstone of this effort, providing quality sites prepared with ample infrastructure to accommodate the needs of various industries.

The manufacturing sector has witnessed remarkable growth, driven by targeted efforts to attract investment and streamline regulatory processes. Lawrence County has become a hub for advanced manufacturing, leveraging its skilled workforce and strategic location.

Companies in the automotive, metalworking, and advanced technology sectors have found a welcoming home in the county, contributing to a robust industrial ecosystem and accounting for 3,671 local jobs.

Furthermore, the county's agricultural sector continues to grow. Building on this great Lawrence County tradition, recent investments in agriculture education and agribusiness technologies have amplified the economic impact of farming; not only increasing yields but also employing 1,885 workers.

Our commitment to education and workforce development has played a pivotal role in sustaining Lawrence County's economic momentum.

Collaborations between local educational institutions, businesses, and government agencies have resulted in innovative programs that align with the evolving needs of industries. The emphasis on skill-building and vocational training has empowered residents to contribute effectively to the expanding job market, ensuring a wellprepared workforce for the challenges of the future.

Infrastructure improvements have been a key focus, ensuring capacity and improving connectivity within the county and beyond. Our partnership with Lawrenceburg Utility Systems and other area utilities have allowed us to be responsive to prospects and proactive in planning.

Upgrades to transportation networks, especially industrial access roads, help facilitate the efficient movement of goods and people. These developments not only support local businesses but also position Lawrence County as an attractive destination for companies seeking strategic locations with excellent connectivity.

Tourism, too, has played a vital role in Lawrence County's economic resurgence. The county's rich cultural heritage, annual events, and outdoor recreational opportunities have drawn visitors from near and far. Investments in promoting local attractions and events have led to a flourishing tourism and hospitality industry with visitors providing an additional $51.3 million in economic activity in 2022.

In conclusion, Lawrence County stands as a testament to the positive outcomes that result from strategic economic planning and community collaboration. Through diversification, education, infrastructure development, and a focus on sustainable growth, the county has positioned itself as a beacon of economic prosperity in the region.

2024 STATE OF THE COUNTY

7

POPULATION

45,415

4.6%

Lawrence County Population

Five-year Growth

50.4% Female Population

48,221

39.3

Population Projection (2030)

Median Age

9.3%

25%

17.5%

Population Under 5

Population Under 25

Population Over 65

57.4%

19,229

Labor Force Participation Rate

Labor Force Population

18,928

BUSINESS

757 Employer Establishments

ECONOMIC DATA

EDUCATION

HOUSING

8

669

Employed Persons

Unemployed Persons

2,961

8,908

10.5%

Non-employer Establishments

Total Local Jobs

Five-year Job Growth Rate

78

$42,315

$53,471

$328.1 M

Cost of Living Index

Per Capita Income

Median Household Income

Total Annual Payroll

13.6%

16.9%

25.4%

Poverty Rate

Youth Poverty Rate

Burdened Households

5,454

85.8%

23%

High School Attainment

Associates Degree Attainment

15.6% Bachelors Degree Attainment

SNAP Benefits Recipients

444 Columbia State Students

97%

56.5%

360

155

High School Graduation Rate

College-Going Rate

TCAT - Pulaski Students

TCAT - Hohenwald Students

74.3%

18,739

$196,701

Home Ownership Rate

Housing Units

Average Home Value

$685 Median Rent Cost

$276,179

$155

$225

64

Average Sales Price

Average Sales Price Per SF

Average Sales Price Per SF (New Construction)

Average Days On Market

LAWRENCE COUNTY CHAMBER

EVENT SPONSORS PRESENTING SPONSOR

BREAKFAST SPONSOR

PROGRAM SPONSOR

25 Public Square, Suite B Lawrenceburg, TN 38464 931.762.4911 LawCoTN.com