Middle Tennessee Industrial Development Association 2014 Community Data Profile TULLAHOMA Coffee County QUICK FACTS County Seat: Manchester Year Incorporated: 1858 Area in Square Miles (County): 435 Latitude: N35° 21.72' Elevation: 1,081’ Longitude: W86° 12.56' TAX STRUCTURE Market Region: Nashville Distance From Nashville: 70 miles; LOCAL Chattanooga 75 miles City County City Website: www.tullahomatn.gov Property Taxes: County Website: www.coffeecountytn.org Rate per $100 value $ 2.54 $ 2.5825 Additional Incorporated Cities within the County: Manchester. Outside Corp. limits $ 2.9728 Unincorporated Cities: Arnold AFB, Beechgrove, Hillsboro, Summitville. Franklin County $ 2.56 $ 2.4452 Ratio of Assessment: Residential and Farm 25 % 25 % POPULATION Commercial/Industrial 40 % 40 % Personal (Equipment) 30 % 30 % City County 2000 (Census) 17,994 48,014 Bonded Debt $ 39,074,000 $ 52,508,724 2010 (Census) 18,655 52,796 Assessed Valuation (2012) $ 363,821,131 $ 947,511,651 1Population Projection 2020 19,299 54,694 Assessed Valuation (Franklin Co) $ 23,384,099 Percent Population Change School Tax 0 % 0 % 2000 – 2010 3.7 % 10.0 % Hotel-Motel Tax 5.0 % 0 % 1Source: University of TN Center for Business & Economic Research Source: Tennessee Comptroller of the Treasury, Division of Property Assessments STATE CLIMATE Sales Tax 5% tax on food and food ingredients; 7% on all other tangi- ble personal property unless specifically exempted. Annual Average Temperature: 57.2° Average High Temperature: 69.2° Local Sales Tax Rate Average Low Temperature: 45.2° Coffee County 2.75 % Franklin County 2.25 % Annual Average Precipitation: 56.33" Annual Average Snowfall: 5" Local & State Sales Tax Collected (FY2012): $ 72,076,180.71 Prevailing Winds: Southerly Mean Length of Freeze-Free Period (days): 180-220 Income Tax Personal: 6 % on Interest & Dividends Coffee County’s Interstate Industrial Park, Joint Industrial Park and Manchester Industrial Park are among several Corporate Excise Tax: 6.5% of Tennessee taxable income industrial sites in Middle Tennessee to be certified “Deal Franchise Tax: .25% of the greater of net worth or real and Ready”. For complete information about the site and the Deal tangible property in Tennessee. The minimum tax is $100. Ready program, go to www.DealReady.com Unemployment Tax: New Employers 2.7% of first $9,000 Source: Tennessee Department of Revenue EDUCATION TRANSPORTATION # Local Pupil/Teachers AIR SERVICE: Schools Enrollment Ratio Nearest General Aviation: Elementary 4 1,600 18:1 Tullahoma Regional/Northern Field Jr. High 2 776 16:1 Location Identifier: THA Sr. High 1 1,110 17:1 Distance from City: 2.5 miles Voc-Tech 0 Runway Length: 5,001 feet Private/Parochial 0 Surface: Asphalt/Concrete Lighting: MIRL/VASI Technology Center: 0 Fuel: 80/100LL/Jet A Colleges: Motlow State Community College and University of Ten- Repair: Major nessee Space Institute Transportation: Taxi and Rental Car Other: Nearest Commercial Service: State Industrial Training Service Available: Yes Nashville International Airport Type of Public School System: City Location Identifier: BNA Distance from Tullahoma: 72 miles Served by 9 major air carriers, 2 cargo carriers, and 2 fixed-base oper- ators; operating 396 average daily flights to 50 non-stop markets (as of GOVERNMENT July 2013). Governing Body: HIGHWAYS: City: Mayor and Board of Aldermen U.S Highways: 41A Meets: 2nd and 4th Monday Time: 5:30 p.m. State Highways: 55 and 130 Place: Municipal Building Nearest Interstate: 11 miles to Interstate 24 County: Mayor and County Commissioners Meets: Tuesday Time: 6:00 p.m. COMMON CARRIERS: Place: Coffee County Administrative Plaza Air Freight Companies: None Motor Freight Companies: 25 Fire Department: Terminal Facilities: 1 full-time fire fighters in city: 32 part-time fire fighters in city: 19 Bus Services – Inter-City: No full-time fire fighters in county: 0 county volunteers: 125 Local: No Carrier Service: No fire stations in city: 2 city fire trucks: 9 fire stations in county: 5 county fire trucks: 30 RAILROADS SERVED BY: CSX Transportation and Caney Fork & Western Law Enforcement: full-time police officers in city: 37 NAVIGABLE WATERWAYS: full-time police officers in county & sheriff: 45 River: Cumberland and Tennessee Channel Depth: 9 feet city patrol cars: 42 county patrol cars: 42 Nearest Port Facility: South Pittsburgh Miles: 40 City: County: COMMUNICATIONS Insurance Rating: 3 6/10 Zoning Regulations: Yes Yes Post Office Class:First Planning Commission: Yes Yes Industrial Development Corp: Yes Yes Newspapers: Frequency: Tullahoma News 3x/week The Saturday Independent Weekly NATURAL RESOURCES The Journal Weekly The Tennessean Daily Minerals: N/A Telephone Companies: AT&T, Verizon Wireless, Tullahoma Utilities Board Timber: N/A Radio Stations: WJIG-AM 740, 93.9 WDUC, 105.1 WHMT, 107.9 WMSR Television Networks: 4 Cable Service Available: Yes Channels: 900 AGRICULTURAL Provider: Charter Communication, AT&T, Tullahoma Utilities Board Internet Service Available: Yes Crops: Hay, Corn, Soybeans, Wheat, Nursery Crops Provider: Charter Communication, AT&T, Tullahoma Utilities Board Livestock: Cattle, Hogs, Chickens Fiber Optics Available: Yes Provider: Tullahoma Utilities Board COMMUNITY FACILITIES SELECTED ECONOMIC INDICATORS Health Care: Doctors: 165 Dentists: 15 2012 Annual Average County Labor Market Area* Hospitals: 1 Beds: 137 Labor Force: Clinics: 1 Beds: 16 Civilian Labor Force 26,830 249,210 Nursing Homes: 2 Beds: 230 Employment 24,820 231,260 Retirement Homes: 0 Beds: 0 Unemployment 2,010 17,950 Residential Care/Assisted Living: 2 Beds: 91 Unemployment Rate 7.5 % 8.0 % Religious Organizations: HS Graduates (2012-13) 642 4,931 Protestant: 41 Catholic: 2 Other: Jehovah's Witness: 0 Seventh Day Adventist: 1 Estimated County Available Labor: Latter Day Saints: 1 Date (month): December 2013 Total: 1,860 16,530 Day Care Centers: 7 Day Care Homes: 45 Male: 820 8,650 Female: 1,040 7,880 Recreation: * Labor Market Area is defined as Bedford, Cannon, Coffee, Franklin, Grundy, Moore, Libraries: 1 Parks: 3 Rutherford and Warren Counties in Tennessee. Golf Courses (Public & Private): 2 Swimming Pools (Public & Private): 3 Manufacturing in Area (Annual Averages 2012): Country Clubs: 1 Theaters: 1 (8 screens) Number of Units: 76 Bowling Alleys: 1 Ann. Avg. Employment: 4,061 Hotels & Motels: 8 Rooms: 339 Source: Tennessee Department of Labor and Workforce Development Bed & Breakfasts: 1 Largest Meeting Room Capacity: 250 County 10-Year Growth Report Restaurants: 49 Years: 2003-2013 New Plants Expansions Other: Fine Arts Center, Skydiving Center Number Projects: 11 88 Job Opportunities: 661 1,741 Total Investments: $ 60,110,000 $ 204,411,066 FINANCIAL INSTITUTIONS Source: Tennessee Department of Economic and Community Development Name of Banks: Number of Branches: Deposits Per Capita Personal Income American City Bank of Tullahoma 2 $ 109,130,000 Year: 2012 Amount: $ 36,403 Citizens Tri-County Bank 3 70,306,000 Source: Bureau of Economic Analysis First Vision Bank 1 42,706,000 Regions Bank 1 25,867,000 Average Home Sales (2012) Southern Community Bank 1 91,750,000 Number of homes sold: 432 Average Cost: $ 127,864 Traders Nat'l. Bank of Tullahoma 2 92,521,000 Source: Tennessee Housing Development Agency US Bank National Assn. 1 25,591,000 Retail Sales *Ascend Credit Union (16 in 11 cities) 2 $ 150,258,665 Year: 2012 Amount: $ 795,306,626 Source: Tennessee Department of Revenue Commercial Banks: 7 Savings Institutions: 0 Credit Unions: 1 INDUSTRIAL SUPPORT SERVICES Total # of Institutions: 8 Total # of Branches: 13 Service Town Distance (Miles) Combined Deposits: $ 457,871,000 (Deposits for June 30, 2013) Tool & Die Local Heat Treating Local *NOT calculated in Combined Deposits Foundry Chattanooga 75 Heavy Hardware Chattanooga 75 Source: Federal Deposit Insurance Corporation and National Credit Union Association Sheet Metal Local Lubricants Local Welding Supplies Local Abrasives Other: UTILITIES ELECTRICITY GAS Source Company: Tennessee Valley Authority Local Distributor: Elk River Public Utility District Phone: 931.455.3187 Local Distributor City: Website: http://erpud.com Electric Power System: Source Company: East TN Natural Gas Company Tullahoma Utilities Board Fuel Oil Suppliers: 2 Suppliers of LP Gas: 2 General Manager: Brian Skelton WATER Address: Post Office Box 788 Water Supplier: Tullahoma Utilities Board Tullahoma, Tennessee 37388 Phone: 931.455.4515 Phone: 931-455-4515 Website: www.tub.net Fax: 931-454-2231 Source: Normandy Lake, Duck River Utility Commission Website: www.tub.net Capacity: 10,000,000 GPD Website: www.lighttube.net/ Current Consumption: 2,750,000 GPD Local Distributor County: Storage Capacity: 4,000,000 Gallons Electric Power System: Duck River Electric Membership Corporation SEWER Sewer Provider: Tullahoma Utilities Board President/CEO: Michael Watson Phone: 931.455.4515 Website: www.tub.net District Office: 209 East Fort Street Type of Treatment: Intermittent cycle; extended aeration Manchester, TN 37355 Capacity: 8,000,000 GPD Phone: 931-728-7547 Current Usage: 2,000,000 GPD (dry weather flow) Emergency: 931-728-7548 City Sewer Coverage: 80 % Fax: 931-728-7801 Storm Sewer Coverage: 25 % Website: www.dremc.com Solid Waste Disposal Type: Yes MTIDA works closely with the Tennessee Valley Authority, which supplies electric power to Middle Tennessee through our 26 member distributors. MAJOR INDUSTRIAL MANUFACTURERS/DISTRIBUTION (90+ employees) Firm Product or Service Total Employees Union Phone Number TE Connectivity Electrical
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