Performance Metrics

Pancor Project Representatives at Siemens Energy & Automation ground breaking of a new 170,000 square foot facility in Elgin.

Performance Metrics: Awards | Benchmarks

"We are grateful for the awards and recognition the Challenge 21 program has received. They validate our public/private economic development partnership, but we are not going to rest on our laurels."

- EAC President Leo Nelson

Awards

2007 Awarded: Three Telly Awards for Enhancing Elgin Television Commercial Watch "Welcome to a Divercity"	2006 Awarded: Site Selection Magazine Top Ten North American Economic Development Group Read Article	2006 Awarded: Elgin Image Award Nomination presented by the City of Elgin Image Advisory Commission


	2005 Awarded: Site Selection Magazine Top Economic Development Deal Group for bringing Job B. Sanfilippo into Elgin Read Article	2005 Awarded: River Valley Workforce Investment Board Business Leadership Award


2005 Awarded: Honorable mention in IEDC Overall Marketing Award Insert from Award Program	2004 Awarded: Honorable Mention for challenge 21 Case Statement Marketing Materials	2004 Awarded: Site Selection Magazine Top Ten North American Economic Development Group Read Article
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Benchmarks
Challenge 21 uses four key benchmarks to track economic development programs outcomes: Median Household Income, Civilian Employment, Single-Family Residential Building Permits, and Commercial Industrial Building Construction. The charts below highlight these benchmarks:
Median Household Income
		Median household income (MHI) rose to 67,285 in 2008, an increase of $10,201 for benchmark period. The benchmark goal was an MHI increase of $7,660.
Civilian Employment
		Civilian employment grew to 58,821 during the 2004 - 2008 period. The net job increase of 6,156 represents 93 percent of the benchmark goal.
Single-Family Residential Building Permits		Top of Page
		In 2008, 333 single-family building permits were issued, bringing the total for period 2005-2008 to 3,700. The benchmark goal was 3,075.
Permitted Sq. Ft. Commercial/Industrial
		Permitted square footage for new commercial/industrial buildings totaled 6.546 million square feet for the 2005-2008 time frame. The goal for this period was 7.3 million square feet.

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Elgin Area Chamber of Commerce
31 South Grove Avenue
P.O. Box 648
Elgin, Illinois 60120
Tel: (847) 741-5660
Fax: (847) 741-5677

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