TOWN OF CARY KEY FACTS AND MISCELLANEOUS STATISTICS
The following charts and graphs display various key facts and statistics about the Town of Cary. In addition to providing insight into the Town, this information plays an important role in the development of the annual budget. Some sections included herein contain estimated information for Fiscal Years 2007 and 2008.
POPULATION
140,000 120,000
Town of Cary Population History
10% 9%
111,039
103,260
99,798
106,715
108,152
100,000 Population (as of July 1)
115,854
123,633
8% 7% % Change 6% 5% 4% 3% 2% 1% 0%
60,000 40,000 20,000 0
86,783
1999 Population
88,354
80,000
2000
2001 % Change
2002
2003 2004 Fiscal Year
2005 2006 2007 2008 Population figures based on calculations of the Town's Planning Department.
The Town of Cary's population continues to grow; however, the rate of growth has decreased from over 10% as of July 1, 1996 to 4.3% as of July 1, 2006. This growth rate decrease has been due, in large part, to the concerted efforts of the Town Council. The Growth Management Element of the Town’s Comprehensive Plan has included measures such as an Adequate Public Facilities ordinance, and water, sewer, and transportation development fees to help ensure that additional growth does not occur before the required infrastructure is in place.
95,949
All Sales Taxes, Wine and Beer Tax, and Powell Bill (in part) are distributed by the state or county based on the Town's percentage of total population for the county as calculated by the Office of State Planning (OSP) for July 1 of each fiscal year. If other municipalities within the County grow at a faster rate than Cary, the Town's proportionate share of the revenue to be distributed decreases.
Cary Apex Fuquay-Varina Garner Holly Springs Knightdale Morrisville Raleigh Rolesville Wake Forest Wendell Zebulon
% Change 02 to 03 3.3% 5.7% 8.4% 4.0% 7.9% 3.2% 10.6% 3.5% 3.5% 2.8% 2.2% 3.4%
% Change 03 to 04 1.2% 2.8% 10.1% 2.2% 8.8% 4.8% 5.8% 3.9% 4.0% 6.6% 4.0% 3.3%
% Change 04 to 05 2.8% 4.9% 9.9% 6.7% 11.9% 7.5% 14.6% 3.9% 4.0% 14.4% 4.0% 3.2%
% Change 05 to 06 4.3% 3.2% 9.3% 4.6% 15.0% 5.6% 13.0% 3.3% 4.0% 12.6% 4.0% 3.1%
% Change 06 to 07 6.7% 3.9% 5.7% 4.0% 4.1% 8.3% 11.5% 3.3% 72.6% 11.2% 4.0% 3.0%
Above numbers calculated using July 1 OSP population of year shown.
ASSESSED VALUE and PROPERTY TAXES
History of Assessed Value and Tax Rate
$16 $14 $12 $10 $8 $6 $4 $2 $0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Fiscal Year Assessed Value
Assessed Value (In Billions)
$0.60 $0.50 $0.30 $0.20 $0.10 $0.00 Tax Rate $0.40
Assessed Value Components
$14 $12 $10 $8 $6 $4 $2 $0 1999 2000 2001 2002 2003 2004 2005 2006 2007 Fiscal Year
Tax Rate
In Billions of Dollars
Residential
Non-Residential
Vehicle
History of Property Tax Revenue and Tax Rate
$60 Property Tax Revenue $50 (In Millions) $40 $30 $20 $10 $0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Est. 0.60 0.50 0.40 0.30 0.20 0.10 0.00
Assessed Value is a very important factor to the Town of Cary as the property tax revenue represents 54% of total General Fund Revenues. As represented by the three charts, the assessed value has continued to climb which has resulted in an increase of greater than 61% in property tax revenue within the past ten years. As a result of the growth in assessed value, the Town has been able to maintain a revenue-equivalent tax rate over the past ten years. The FY 2008 Budget holds the tax rate at the FY 2007 level of $0.42 per $100 of valuation. The current mix of assessed value is 75% residential and 25% commercial.
Fiscal Year Ad Valorem Taxes Property Tax Rate
GROWTH IN LAND AREA AND STREETS
Growth in Land Area: 2000 - 2008
60 Square Miles 50 40 30 20 10 0 2000 2001 2002 2003 2004 2005 2006 2007 Est. 2008 0.3% 0.0% 4.5% 2.5% 3.7% 4.4% 5.1% 3.4% 2.1% 500 400 300 200 100 0
2001 2002 2003 2004 2005 2006 2007 2008 Est.
Street Miles Maintained
Fiscal Year
Fiscal Year
Cary continues to grow not only in population but also in land area. As the land area of Cary increases, so do the streets maintained by the Town. In 1987 the land area was 27.03 square miles. As of July 1, 2007, that figure is estimated to be 53.75 square miles. This rate of increase has primarily been accomplished through voluntary annexations.
PUBLIC SAFETY
FIRE PROTECTION/SERVICES
Number of Stations: 7 Number of Authorized Employees: 206 (Allowed 3 overhires for total of 209) Actual FY 2004 210 $1,510,000 5,114 Actual FY 2005 210 $1,586,000 5,134 Actual FY 2006 211 $1,633,580 5,426 Estimated FY 2007 209 $1,682,587 5,588 Projected FY 2008 209 $2,255,000 5,756
Number of Fire Positions (includes three overhires) Total Fire Loss in Dollars Number of Emergency Calls The Fire Department's Risk Management Program is key to keeping the "Dollar Loss Per Capita" statistic low. The department conducts almost 5,000 inspections annually and strives to contact at least 10% of the population annually about fire and life safety techniques. The Fire Department was accredited by the Commission on Fire Accreditation International in August, 1999. The Town's seventh fire station opened April 2007.
Dollar Loss Per Capita
$20 Dollars $15 $10 $5 $0 2001 2002 2003 2004 2005 2006 2007 Est. 2008 Est.
Fiscal Year
POLICE
Number of Full-Time Equivalent Employees (FTE): 196 (Allowed 2 overhires for total of 198) Actual Actual 2004 2005 Number of Police Positions (includes two Police overhires and Emergency Communications) 174 176 Number of Sworn Officers 143 143 *Part I Crimes 2,412 2,234 **Part II Crimes 2,128 2,134 Arrests (Adult, over 16) 2,184 2,512 Arrests (Juvenile, under 16) 180 229
*Part I Crimes: Murder, Rape, Robbery, Aggravated Assault, Burglary, Larceny, Auto Theft, Arson **Part II Crimes: All others, including vandalism, drug violations, etc.
Actual 2006 178 145 2,333 2,206 2,588 228
Estimated 2007 192 159 2,484 2,325 2,376 220
Projected 2008 198 165 2,414 2,422 2,546 224
Calls for Police Service
50,000 130,000 120,000 Calls for Service 45,000 Population 110,000 40,000 100,000 90,000 35,000 80,000 30,000 2002 2003 2004 2005 Fiscal Year 2006 2007 2008 Est. 70,000
According to theTown's biennial survey, conducted in January 2006, 97.5% of the respondents feel safe in Cary. The population of the Town has increased by 19.73% in the last five years however, there has been a decrease in calls for service of 18.1%. Six Police Officer positions were added to the FY 2008 Budget. This recommendation was made after reviewing the lengthy hiring process for police officers and to help keep up with service level demands, including response time averages for all calls. The Town believes these measures will help the Town of Cary Police Department improve its service delivery process
Calls for Service
Population
PARKS AND RECREATION
Number of Parks (Town-owned) Parks & Recreation Land in Acres (includes both developed & undeveloped land) Number of Soccer Fields Number of Town Ballfields (Softball & Baseball) Number of Greenways Greenway Mileage Number of Parks with Trail Systems Park Trail Mileage Actual FY 2004 19 1,500 10 26 11 14.5 7 9.4 Actual FY 2005 21 1,751 17 26 17 18.3 9 13.3 Actual FY 2006 21 1,801 17 26 23 24.5 9 13.3 Estimated FY 2007 21 1,840 17 30 29 30.0 10 13.6 Projected FY 2008 22 1,870 17 30 35 34 11 15.1
36 32
Developed Park Acres/1,000 Residents and Total Greenway Miles
30.0 34.0
0 2002 2003 2004 2005 Fiscal Year 2006 2007 Est. 2008 Est.
7.5
The Town of Cary has budgeted approximately $10.5 million during Fiscal Years 2007 and 2008 for Park & Greenway Renovation, Greenways, Neighborhood Parks, and Community Parks to enhance existing parks and recreation infrastructure. These investments will help meet goals of the Parks Maste r Plan.
28 20
14.0 26.0 12.0 7.9 7.8 16.0 7.5 20.5 7.4
24 16 12 8 4
Developed Park Acres/1,000 Residents
Total Greenway Miles
7.3
7.3
INSPECTIONS AND PERMITS
Certificates of Occupancy Issued (new & existing buildings) Number of Inspections Performed (new & existing buildings) Number of New Residential Building Permits Issued Number of New Commercial Building Permits Issued Total Dollar Value of New Residential Building Permits (millions) Total Dollar Value of New Commercial Building Permits (millions) Actual FY 2004 700 51,145 709 32 $158.4 $40.3 Actual FY 2005 1,915 63,619 1,033 35 $234.2 $135.7 Actual FY 2006 1,719 85,683 1,869 70 $392.5 $94.3 Estimated FY 2007 3,688 100,872 1,930 42 $425.9 $126.0 Projected FY 2008 3,873 100,900 2,000 60 $460.0 $150.0
2,400 2,000 # of New Permits 1,600 1,200 800 400 0
Total New Residential and Non-Residential Building Permits Issued
The number of new building permits issued is another representation of the Town of Cary's growth trend since 1990. From 1990 to 1994 there was a 172% increase in the number of new permits issued annually. This figure declined 394% from 1994 to 2003. Building activity reflects a significant increase in FY2006 at 82% above FY2005. The number of new permits is expected to stay at about this level through FY 2008.
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Est. 2008
New Residential
Fiscal Year New Non-Residential
Note: 1990 - 1992 is by calendar year due to the data collection process for those years. 1993 and beyond reflects fiscal year data.
UTILITIES
Number of Retail Utility Customers * Total Meter Population *
* A single customer may have multiple meters under one account, so both of these figures are included
Actual FY 2004 35,200 38,400
Actual FY 2005 36,200 39,200
Actual FY 2006 42,300 49,400
Estimated FY 2007 44,600 52,360
Projected FY 2008 48,000 56,000
Number of Service Orders Written
(mostly new service installations, turn ons and shut offs)
24,990
25,700
29,600
31,400
33,450
Average Daily Wastewater Flow
16
Average Daily Water Flow
18
Million Gallons Per Day
14 12 10 8 6 4 2 0 2000 2001 Fiscal Year 2002 2003 2004 2005 2006 2007 2008 Est.
Million Gallons Per Day
16 14 12 10 8 6 4 2 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Est.
South Plant
North Plant
Fiscal Year
MISCELLANEOUS DEMOGRAPHICS AND STATISTICS
Median Age Finished high school Finished college Median Family Income Average Household Size Owner Occupied Homes Median Single Family House Sales Price Multi-family housing growth (Fiscal Year 2006) Unemployment rate in Cary Gross Taxable Sales (Fiscal Year 2006 Race per 2000 Census 33.7 per 2000 Census 95% per 2000 Census 61% per 2000 Census $88,074 per 2000 Census 2.83 95% $293,000 4% 3.70% as of June 2006 $1.2 billion 82.2% White, 6.1% African American, 8.1% Asian, 3.6% other
History of Votes Cast in Municipal Elections
80,000 70,000 # of Registered Voters 60,000 50,000 40,000 30,000 20,000 10,000 0 11/91 11/93 *3/94 11/95 11/97 *2/99 11/99 11/01 % Votes Cast *4/03 10/03 *5/05 10/05 15% 10% 5% 0% 35% 30% % Votes Cast 25% 20%
* Indicates a Bond Election. All other elections were for Council members with mayoral elections also in 1995, 1999, 2003.
Reg. Voters
MAJOR EMPLOYERS IN CARY
SAS Institute, Inc. Cary Towne Center MCI Worldcom Network Western Wake Medical Center Town of Cary American Airlines Reservations Center Kellogg's Snacks Charles River Lab John Deere Global Knowledge Network Employees 4,229 2,540 1,800 1,128 1,124 847 654 458 380 349
TOP TEN TAXPAYERS IN CARY
SAS Institute Cary Joint Ventures Corning Road LLC Weeks Realty LP Northwestern Mutual Life Ins Co. MCI Worldcom Network Services Carolina Power and Light Company Cary Crossroads Associates RH Donnelley Inc Transwestern Sterling Regency LLC Assessed Value $283,983,501 78,197,771 59,615,550 54,410,610 54,059,010 52,334,076 49,412,578 44,327,219 44,115,276 42,816,348
Source: Wake County Revenue Department Statistics and Reports