2023 Annual Comprehensive Report

Greensboro, creating 1,000 new jobs paying an average salary of $42,000. The facility was complete and fully operational by November 2022. In August 2021, City Council approved $1.8 million in economic incentive awards to Procter & Gamble Manufacturing Company to construct a manufacturing facility and create 46 new full-time jobs with an average annual salary of $62,609. This project is expected to generate approximately $110 million in capital investment. In January 2022, a $2.6 million economic incentive was awarded to Boom Technology, Inc. to construct its first manufacturing plant at Piedmont Triad International Airport (PTIA). Boom Supersonic is developing a sustainable, supersonic aircraft, Overture, capable of speeds twice as fast as today’s commercial airliners. The company plans to employ approximately 1,750 workers at an average annual salary above $60,000 and invest $500 million in the project by 2030. The project is expected to increase the State’s gross domestic product by $32 billion by 2035. In June 2023, ProKidney, a development-stage regenerative medicine company, was awarded a $13.2 incentive package by the City to develop a $450 million manufacturing center in Greensboro. The company plans include 330 new jobs paying an average of $74,636 and none less than $15 per hour. • Public Safety - The Greensboro Police Department (GPD) remains focused on violent and property crime reductions through creative strategies that combine technology with innovative police initiatives, allowing the department to remain at the forefront of its profession. Law enforcement agencies across the United States are struggling to recruit and hire officers due to a multitude of complexities. City Council recognizes that Greensboro is facing these same challenges and the FY 2023-24 budget continues to address these issues. City Council identified public safety as its top priority for FY 23-24. The budget includes a compensation package that increases officer starting salaries, while applying a 10.6% salary adjustment across sworn positions within GDP. As a result of Council’s adopted FY2022-23 budget, a new Office of Community Safety was created in September 2022. The Office focuses on collaboration and cooperation between City leadership, the GPD, and the community to enhance public safety. Council also adopted the position of Violence Prevention Coordinator, in the Office of Community Safety, which works with violence interruption groups throughout the city to develop action plans centered on encouraging neighborhood participation and engagement in violent crime reduction. The Office of Community Safety was selected among ten other cities in the country to participate in the Cities United Roadmap Academy. This intensive year-long program is designed to help develop a comprehensive violence reduction plan for Greensboro. This program is designed to help divert participants from the criminal justice system and support them in addressing various quality-of-life issues such as substance use disorder, education, housing, and employment needs. The Office continues cooperative efforts with the Police Department to provide the innovative Behavioral Health Response Team that strives to help individuals in crisis access appropriate treatment options. In 2022, this team provided over 1,200 contacts and almost 1,000 hours of follow-up services. GPD working with the Office of Community Safety, GCSTOP county-wide opioid initiative, Guilford County EMS, and the Guilford County Health Department managing the City’s response regarding the use of the State’s Opioid Settlement program funding, totaling $3.4 million to date. With the number of annexed areas the Council has approved and the pace of the City’s growth and development, adequate Fire Department services continue to be a top priority. During the FY2022-23 budget year, Council approved 15 additional fire positions. To be able to service the annexed areas while providing inspections and permitting for residential and commercial inspections this budget includes 9 FTEs including 5 fire inspectors and 4 development services review staff. Further, through the American Rescue Plan Act (ARPA) enabled funds, Council approved $9 million to develop new fire facilities. The City’s 911 services are one of the best in the nation. The Department has won numerous awards, and continues to perform exceptional service for our residents, especially those in need. • Affordable Housing - The successful 2022 bond referendum included $30 million and was supported by voters by a wide favorable margin. Of this bond amount, $20 million will be directed towards the preservation and construction of affordable rental housing, $5 million towards access to homeownership and $5 million toward neighborhood reinvestment. In November 2022, City Council allocated $5 million to the Community Foundation of Greater Greensboro to support the development of the Greensboro Housing Loan Fund, a $32 million pool of public-private lending capital for affordable housing development and preservation. While $30 million is not enough to meet the housing needs of our residents,

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