Transcript Slide 1

OpportunityTexas™
Measuring Opportunity in the
Texas Panhandle
Panhandle Regional Community Asset Building Forum
April 19, 2012
Amarillo, TX
Don Baylor, Jr. ([email protected])
Senior Policy Analyst, Economic Opportunity
[email protected]
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What CPPP Does
Improving public policies to better the economic and social
conditions of low- and moderate-income Texans.
Creating economic opportunity to strengthen
families and grow the middle class;
Increasing access to quality, affordable health
insurance;
Helping families meet basic needs;
Enhancing child well-being and child protection;
Ensuring effective public administration; and
Securing fair and adequate taxation to pay for critical
public investments in Texas.
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The Family Budget Estimator (FBE)
Project provides a realistic picture of
how much it costs Texas families in
different areas of the state to meet their
basic needs.
www.cppp.org/fbe
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Assets & Opportunity Scorecard:
Financial Insecurity and Policies to Rebuild Prosperity in America
Thanks for joining!
www.assetsandopportunity.org
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Measuring financial security and
opportunity
 The Assets & Opportunity Scorecard is a leading
source of data on household financial security and
policy solutions
2002
2005
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2007
2009
2012
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Assets & Opportunity Scorecard:
Areas Where Texas Leads
Indicator
Texas
U.S.
Texas Rank
Foreclosure Rate
1.9%
4.4%
9th
Average Credit
Card Debt
$6,284
$10,852
4th
Microenterprise
Ownership Rate
17.4%
16.0%
9th
Bankruptcy Rate
2.2 (per 1,000)
5.0
4th
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Areas Where Texas Lags
Outcome Measure
Texas
U.S.
Rank
Liquid Asset Poverty
50.6%
43.1%
33rd
Unbanked/Underbanked
11.7%/24.1%
7.7%/17.9%
47th /48th
Subprime Consumers
65.1%
55.8%
49th
Low-Wage Jobs
28.0%
22.0%
41st
High-Cost Mortgage Loans
8.0%
5.2%
47th
Uninsured Rate
26.2%
17.7%
51st
High School Degrees
80.7%
85.6%
51st
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What influences these outcomes?
 Financial and social assets you or your family start with
 Connection to the financial mainstream
 Federal, state and local public policy infrastructure
 History & Demographics
 Performance & Collaboration of Key Stakeholders
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Texas Regional Opportunity Index
(TROI)
Identifies, develops, and compares
economic mobility indicators across
regions in Texas:
 County-Based
 Indicators expressed mostly as rates or
ratios
 Tied to larger regional jurisdictions
and existing state-driven performance
indicators
 Collects Numerous Sources Under One
Roof:
 National (Survey/Census) Data
 Federal/IRS & State Agency Data
 Proprietary Data
 Customized Sources & Queries
 CPPP Analysis
 Updated Periodically Beginning in 2012
 Local TROI Assessments
 Final Product Launch (Late 2012): WebBased Platform with GIS Capability
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TROI Provides Several Ways to
Compare Regional Indicators
 Focuses on about 70
Benchmark Texas Jurisdictions
primary indicators over 7 (Panhandle/High Plains)
“Opportunity Clusters”
 Higher Education
 Moving from demographic Regions(THECB)
information to community  Education Service Centers
performance indicators
(TEA)
 Comparing Apples to
 Workforce Development Areas
Apples
(TWC)
 4 County Population Tiers
 Councils of Government
 Allows for intraregional
 Health & Human Services
and interregional
Districts (HHSC)
comparisons
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TROI: Where Potter County Leads
Opportunity
Indicator
Cluster
Economic
Development &
Long Term Unemployment
Jobs
Economic
Development &
Microenterprise Rate
Jobs
Income &
Financial Institution Density
Financial
(per 10,000)
Stability
Food Bank Distribution Rate
Income &
(lbs. per food insecure
Financial
resident)
Stability
Pre-K Enrollment of 4-year
Olds
K-12 Education
Matriculation in Texas 2-year Postsecondary
institutions (Share of all H.S. Education &
graduates)
Training
Primary Care Providers
(per 10,000)
Health
Potter County
Texas
52.5%
59.3%
26.4%
18.6%
3.63
3.17
110.1
78.0
87.9%
60.0%
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42.1%
33.0%
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TROI: Where Potter County Lags
Indicator
Cluster
IRS VITA Preparation
Rate
Income & Financial
Stability
Income & Financial
WIC Participation Rate
Stability
Unbanked/Underbanked Income & Financial
Rate
Stability
Postsecondary
B.A. Rate for Full-Time
Education &
2yr College Students
Training
Potter County
Texas
0%
1.6%
66.6%
79.7%
12.4%/25.4%
11.7%/24.1%
8.9%
13.4%
Subprime Consumers
Credit & Debt
50.9%
44.3%
Average Credit Score
Credit & Debt
661
674
K-12 Education
51.3%
62.8%
SAT/ACT Participation
Rate
Prepaid College Savings
Rate
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Savings & Assets 1.86 (per 1,000) 3.43 (per 1,000)
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Texas College Savings Gap
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Ways to Get Involved, Be Informed
 Payday and Auto Title Lending: Stop
the Cycle of Debt
(www.stoppaydayabuse.org)
 State Revenue: Balanced
Budget=Balanced Approach
(www.texasforward.org)
 Savings, Asset Building, & Financial
Success (www.raisetexas.org)
 Issues Affecting Low- and ModerateIncome Texans (www.cppp.org)
 Creating Good Jobs, Increasing
Income, & Promoting Savings
(www.opportunitytexas.org)
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Use of This Presentation
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which were developed for use in making public presentations.
If you reproduce these slides, please give appropriate credit to CPPP.
The data presented here may become outdated.
For the most recent information or to sign up for
our free E-Mail Updates, visit www.cppp.org.
© CPPP
Center for Public Policy Priorities
900 Lydia Street
Austin, TX 78702
P 512/320-0222 F 512/320-0227
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