Transcript Slide 1

The Texas Regional Opportunity Index:
A New Platform for Encouraging and Evaluating
Local Action
RAISE Texas Summit
Federal Reserve Bank of Dallas–Houston Branch
October 30, 2012
Don Baylor, Jr.
[email protected]
OpportunityTexas
Why Develop a New Source for Local and
Regional Data?
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Provide better and more timely data to local
stakeholders to measure community impact
Drive conversations toward manageable,
measureable, and actionable outcomes
Inform public policy debate on statewide
strategies to improve and measure performance
indicators
Cross traditional policy silos and agency
boundaries to address barriers to individual and
community development
Generate comparable local and regional
snapshots to assess opportunity structures
Solutions-Oriented Data
Not Solutions Oriented
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Poverty Rate
 Presents
a broad
picture of a social
problem
 Does not imply any
sort of action
 Measures a complex
problem without a
causal mechanism
Solutions Oriented
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VITA Preparation
Rate
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Provides a glimpse into a
local service
Implies a policy action for
improvement
Measures a single aspect
of opportunity upon which
community based
organizations and local
governments can act.
Data Sources
Public:
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Census Data
 DataFerret
 American
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Fact Finder
Federal & State Agency
Data
 HUD
User
 IRS data
 PEIMS
Proprietary Data:
Contributions from other
non-profits and CBOs
 Paying for Data
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The TROI: Levels of Analysis
The TROI compares economic mobility
indicators across regions in Texas:
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Counties (254)
State Agency Jurisdictions (6)
 Education Service Centers (TEA)
 Higher Education Regions (THECB)
 Tax & Economic Activity Regions (Compt.)
 Councils of Government (COG) Regions
 Workforce Board Areas (TWC)
 HHS Regions (HHSC)
County Population/MSA Tiers (4)
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Major Metro
Mid-size Metro (core county in MSA)
“Suburban”
“Rural”
Pulling it Together
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Health
Nutrition
Savings
and Assets
Credit
and Debt
Savings and Assets
K-12 Education
Protect
Post-secondary
Education and
Skills Development
Invest
Learn
Economic
Opportunity
Savings and Family
Assets
Budgets
Credit and Debt
Save
Earn
Economic
Development and
Jobs
Family Budgets
Adapted from CFED Household Security Framework
TROI Sample Indicators
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Clusters
Examples of Available Indicators
Credit and Debt
Average Credit Score, Credit Card Debt, Payday &
Auto Title Lender Density
Economic Development and Jobs
Business Establishment Rate, Labor Force Participation
Rate, Long-Term Unemployment
Health
CHIP Renewal Rate, Primary Care Providers,
Uninsured Rates for Children and Adults
Family Budgets
Child Care’s Share of Family Budget, VITA
Preparation Rate, Underbanked Households Rate
Nutrition
SNAP Participation Rate, % Food Desert, Summer
Meals Participation Rate
K-12 Education
AP and Dual Credit Rates, Public Pre-K Enrollment,
ED Student Dropout and Graduation Rates
Postsecondary Education & Skills
Development
Degree Completion Rates (2-yr colleges), FAFSA
Completion Rates Enrollment Rates, Student Loan
Default Rate (3yr cohort)
Savings and Assets
Foreclosure Rate, Prepaid College Savings Rate,
Financial Institution Density
Some Ways to Use the TROI
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Performance-driven Accountability
Grantwriting & Fundraising
Baseline Goal-Setting
Programmatic
 Regional
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* Image from Popular Science Magazine
http://www.popsci.com/technology/article/2011-10/data-power
Communications & Media Talking Points
Demonstrating Community Impact
Cross-System Collaboration & Campaigns
Asset Building Integration Across Multiple Platforms &
Services
Measuring Local Impact
For Existing Activities
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VITA Outreach & Market Share
Credit Counseling
Career Pathways (speeding time to completion)
Tax-Time/Emergency Savings
Entrepreneurship
Foreclosure Prevention
Affordable Housing Development & Maintenance
IDAs
“Bank On” Campaigns
Financial Education?
Identifying Emerging Approaches to
Improve Outcomes
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Payday/Auto Title Loan Alternatives
Comprehensive Benefits Access
Integration of Financial Stability Services Into Postsecondary Arena
FAFSA Preparation & Completion
Student Loan Counseling (pre- & post)
College Savings Enrollment
& Local Investment
Small Business Incubation
Reemployment Services
SAT/ACT Preparation & Completion
Dual Credit/Early College High School Promotion
What Can TROI Do Now?
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TROI County Profiles
What does economic opportunity look like in your county and how does it compare
to the state, similar counties, regional jurisdictions, and neighboring counties?
TROI Regional Profiles
How does your (COG, WDA, ESC, etc.) region compare to other regions in the
state? How do the individual counties in the region compare to each other?
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Indicator/Opportunity Area Reports
How are counties and regions across the state faring on a single indicator or
opportunity area?
“SWOT” Analysis
Where does the data indicate strengths, weaknesses, opportunities, and threats for
economic opportunity within your county or region?
Presentations
CPPP staff members can present information about and data from the TROI to
various stakeholder audiences.
Screenshots from Profiles
Texas Regional Opportunity Index
Opportunity Snapshot Generator
Education
Service
Create an Opportunity Snapshot:
o By County
o By Region
Higher Ed
Comptroller
Economic
COG
Education Service Center Region Snapshot:
Choose by Location or Name
16 - Amarillo
Select Indicators
Select Comparison Points
ESC Region
Texas Regional Opportunity Index
Opportunity Snapshot Generator
8 Opportunity Categories
Choose up to 12 Total Opportunity Indicators:
Create an Opportunity Snapshot:
o By County
o By Region
Credit and Debt
Average Credit Score
Excellent Credit Score
Select Indicators
Select Comparison Points
Subprime Credit Score
Credit Debt Burden
Student Debt Burden
Credit Access Business (CAB)
Lender
Economic Development and Jobs
4 to 18 Indicators in each category
Texas Regional Opportunity Index
Opportunity Snapshot Generator
Brewster County Opportunity Snapshot
Create an Opportunity Snapshot:
o By County
o By Region
Brewster
County
State
Rate
Rank
Within Rate
Select Indicators
Select Comparison Points
Comparison Comparison
Region
County
Rank
Within
Rate
Rate
Indicator # 1
%
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%
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%
%
Indicator #2
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Indicator # 3
%
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%
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%
%
TROI To-Do List: Local Asset Poverty
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