FREEHOLDER CONFERENCE MEETING – DECEMBER 12, 2012
- 3 -details new home sales trends for single-familydetached, single family attached (townhouses) andmulti-family (three or more in a single structure)homes.Trends/Issues:
Residential subdivisions are declining.Roughly 6.7% county lands areresidentially zoned, undeveloped, anddevelopable.
Regulations – Thirty-nine percent of theCounty is in the Highlands Preservationarea. About one hundred sixty-ninethousand acres of county land have beensubmitted for conformance to theHighlands Regional Master Plan.
Household composition is changing.Traditional family households aredeclining, non-family and one personhouseholds are increasing.
The 65+ population will continue to grow.
Shifting market demand and economicuncertainty is contributing to increaseddemand for rental units.
Other factors influencing housing demand:Higher unemployment: Countyunemployment rate was 2.6% in 2000.County unemployment rate in June 2011was 7.8%.Future employment – half of the top 20occupations for job growth projected to2018 will be in the retail/personal servicesand related lower paying jobs. The medianhousehold income for 2010 is $91,500,about half the recommended incomenecessary to buy the median priced newsingle-family detached home constructed in2010.The baby boomers are retiring. As theymove out of the market, the next familiesneed to step up and absorb housing. Thereare about ten million fewer personsnationwide in the next generation,“Generation X,” born-between 1966 –1980, to absorb current housing. Thefollowing generation, “Generation Y,”has the population necessary to absorbexisting housing, but is currently faced withhigh college debt, high unemployment andmay be starting families later in life.Future State housing policies (COAH) arestill unknown.Conclusion:There is less land to subdivide fortraditional single family detached homes.There will likely be a greater variety inhousing types of new home constructedmoving forward.A continuation of these trends will bringnew challenges and opportunities.The report can be viewed atmorrisplanning.org.
The Administrator advised the FreeholderBoard of the following that:
The Judiciary has thanked theCounty for all of its help during therecent storms.
The Law Enforcement Study withPolice Executive Research Forumshould be completed in earlyJanuary.
The Morris County ImprovementAuthority meeting will be onWednesday, 12/19 at 6 p.m. andthat an orientation will be providedfor new Freeholders on thatevening.
The Morris County ImprovementAuthority will host informational/ update meetings for schools andtowns on 1/16/13. The schools willbe invited to the County Library at8:30 a.m. and the towns will beinvited to the AdministrationBuilding at 6 p.m.
A meeting with Urban Partners,KSK Architects who were retainedby the State to study theredevelopment of the KirkbrideBuilding at Greystone has takenplace. The architects were referredto Parsippany to discuss zoningissues as well as neighboringmunicipalities to discuss theirconcept.
The Employee Service Awards willbe tomorrow.
Resolution Nos. 21 and 22 representlabor agreement settlements.Assistant Administrator’s ReportMs. Buchanan discussed the followingitems:
The REVISED capital budgetprocess (flow chart distributed tothe Board) was presented, discussedand reviewed with the Board.
The CIO search process andcandidate summary was alsodiscussed, including time lines for