A. New or existing business in Valley County:
Is the business new to the county (yes or no)? Yes = 10 No= 0
B. How many Jobs in the first year, 2 years, 3 years, 4 years, 5+ years:
There are expected to be several jobs created at the start of business, but long term growth is what we want to score. Assuming positive market conditions, will the project consistently grow and add jobs? The more jobs created over time, the higher the score.
Example 1. 1st year 10 jobs, 2nd year 5 jobs, 3rd year 5 jobs, 4th year 10 jobs, 5th year 10 jobs = a score of 9-10;
Example 2. 1st year 5 jobs, 2nd year 3 jobs, 3rd year 3 jobs, 4th year 0 jobs, 5th year 0 jobs. A score of 2-3
C. Wages of jobs. What percentage of PCI:
Using the United States Census bureau most recent PCI (Per Capita Income), what is percentage of the annual wages being paid by the project compared to the PCI. Data can be found at this location https://www.census.gov/quickfacts/fact/table/valleycountyidaho/POP010210
Annual income / PCI = %:
Example 1. Employee earns $35,000 a year, PCI $34,400. 35,000/34,400=102%; score 10.
Example 2. Employee earns $18,000 a year, PCI is $34,400 18,000/34,400=52%; score 5.
D. Hiring from within local workforce:
Are jobs going to be filled by local residents? Are jobs that need specialized skill going to be transferred to Valley County permanently/temporarily? Residents = % *1 , nonresident permanent = % *.5, nonresident temporary
Residents multiple by 1, nonresident permanently relocated multiply by .5, nonresident temporary multiply by 0
Example 1. 70% hired residents 30% hired nonresidents temporary. 70%*1.0= 7 30%*0=0; 7+0= score 7
Example 2. If 50% hired residents, 30 % nonresident temporary, 20% nonresidents permanent.
50% * 1 =5, 30% *0 =0, 20% * . 5 =1; 5 +0 + 1= Score 6
E. Estimated full and part time jobs:
Percentage of full time jobs to part time jobs. Full time jobs/total jobs = Score
Example 1. 50 employees. 30 are full time, 20 are part time. 30/50= 60% full time score 6
Example 2. 14 employees. 5 are full time, 9 are part time. 5/14=35% score 4 (rounded up) (Ord. 19-08, 9-30-2019)