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Town of Arcadia Economic DevelopmentWeʼre happy youʼve considered bringing youʼre business to Arcadia. Weʼve created a document you can take with you that includes all the reasons we think you should join us!We are proud to say Arcadia, Louisiana is a community of hardworking people who care about our neighbors, the quality of life and our town. With a lower cost of living and recent advancements in technology and transportation remove barriers to doing business in a small town.

Why Arcadia?

In recent years, Louisiana excels in areas that attract businesses.• The workforce is rated among the most productive in the nation and forth highest

in contribution to gross state product per dollar of wage earned.• Ranked in the top 20 in the nation in terms of high-tech job growth. The states 3%

growth was higher than the national growth rate at just 1% (American Electronics Association 2002)

• Louisiana manufacturing workers are 1st in productivity when measured by value of shipments per production worker and are 4th most productive in the U.S. in value added per production worker (Census 2002).

• Ranked 3rd in the nation in percentage of income growth between 2000 and 2002. The average Louisiana Income has grown 9.44% during that time.

• Louisiana has two customized employee-training programs.• Business climate: right-to-work, tort reform.

Positives in the area of Louisianaʼs education.• Louisianaʼs TOPS program invests an average of $100 million per year in tuition

with 40,000 students currently enrolled in the TOPS program.• Louisianaʼs school accountability program ranked in the top ten in the nation,

climbing from 7th in 2002 to 6th in 2003.• 1st in accountability and standards, 5th in improving teacher quality, and 16th in

Equity of Funding (Education Week 2004).• The national increase in college tuition last year was 9% while Louisianaʼs was a

mere 4% which was the 6th lowest in the country. The same study noted that total state appropriations for higher education increased 6% ranking Louisiana 5th in the U.S.

• LSUʼs entrepreneur programs were positioned in the “first-tier or top 12 in the nation in Entrepreneur Magazineʼs ranking of the nationʼs top 100 entrepreneurial universities” (Entrepreneur Magazine, April 2003).

• Ranked 6th in Business Incubators per 10,000 businesses and 14th in Science and Engineering B.S. degrees granted as a percentage of total Bachelorʼs degrees granted.

• Ranked among the top ten states in the nation for its efforts to improve school and students performance. Quality Counts 2003 ranks Louisiana 5th for accountability and standards efforts, 12th for its efforts to improve teacher quality and 12th for equitable distribution of resources.

• Louisianaʼs LA 4 early childhood education program has been highlighted by the National Association of State Boards of Education as a model initiative (NASBE, September 2002).

• Louisiana's START program is in the top five in the 529 investment plans in the country, netting 6.33% interest last year (saving for college, July 2002).

TABLE OF CONTENTS1" Why Arcadia?2" Parish Profile2" Education2" Quality of Life3" Industrial Site I4" Industrial Site II5" Utility Information5" Market Access5" Workforce6" Training7" Employment Wages10" Demographics10" Tax Information11" Consumer Expenditures13" Tax Incentives13" Contact Information

Parish Profile

Education

Quality of Life

2

Adjacent Parishes:• Claiborne Parish (North)• Lincoln Parish (Northeast)• Jackson Parish (East)• Winn Parish (Southeast) • Natchitoches Parish (South)• Red River Parish (Southwest) • Bossier Parish (West)• Webster Parish (Northwest)

Population2004 Estimate: 15,6682000 Census: 15,7521990 Census: 16,201

Age0-17: 27.3%18-24: 8.0%25-44: 24.6%45-64: 22.5%65+: 17.6%

Average TemperatureJanuary: 54ºJuly: 92ºAnnually: 64ºAverage Annual Rainfall 50.7”

Colleges/UniversitiesSeven, four-year Colleges & UniversitiesWithin Commuting DistanceLouisiana State UniversityLouisiana TechUniversity of Louisiana at MonroeCentenaryGrambling State UniversityEvangel Christian AcademySouthern University

Technical CollegesFour Technical and Vo-Tech SchoolsBossier Parish Community CollegeLouisiana Delta Community CollegeLouisiana Technical CollegeNorthwest Louisiana Technical College of Minden

Primary/Secondary SchoolsEight Bienville Parish Public Schools

Public LibraryBienville Parish Library

Located in North-Central Louisiana, Arcadia offers you a unique lifestyle not found just anywhere. Arcadia has a truly laid-back atmosphere, but maintains most of the features and benefits of a much larger town or city. A beautiful 18 hole golf course, two museums, Bonnie & Clyde Trade Days (a large meet and swap sale), Bluegrass music, great restaurants, and numerous antique shops draw people from all over the Arkansas, Louisiana, and Texas area. Weʼre located in the heart of Louisianaʼs Piney Hills Country, surrounded by many lakes within a 30 to 40 minute drive and some of Louisianaʼs best fishing, deer, and turkey hunting makes Arcadia and Bienville Parish a true sportsmanʼs paradise. Arcadia has two large modern senior care centers and more than 14 area churches.

Industrial Site I

3

Interstate Highway Access2 miles south of I-20Rail AccessKansas City Southern Railroad adjacent to the siteOther HighwaysOn U.S. Highway 80OwnerTown of Arcadia Land Cost/Acre69 Acres$2500 per acre / price negotiable upon job creation Existing StructuresOne new company on 4.5 acresZoningZoned for industrial use onlyReal Estate Tax Formula 5.68 m/15% Ten year suspension of taxesMunicipal Incentives AvailableArcadia is a “Renewal Community” with five different federal tax credits available with other state tax incentives Floodway or Critical Flood Zone Not in a flood zoneElectrical Service ProvidersEntergy, Claiborne Electric Co-OpNatural Gas ProviderCenterpoint Energy 4” mainWater Provider Town of Arcadia Water DepartmentNearest Main Location/Size (Water)8” main Capacity Available (Water) 1.5 million gallons per daySewer Provider Town of ArcadiaCapacity Available (Sewer)500,000 gallons per dayTelephone Provider AT&T

For more information on these and other sites in our region, go to:www.nwlaprospector.com

Industrial Site II

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Interstate Highway AccessOn I-20Other HighwaysBorders Highway 519 on west sideBorders Highway 151 on east sideOwnerTown of Arcadia Land Cost/Acre26 Acres$60,000 per acre / price negotiable upon job creation ZoningZoned for industrial use onlyReal Estate Tax Formula 5.68 m/15% Ten year suspension of taxesMunicipal Incentives AvailableArcadia is a “Renewal Community” with five different federal tax credits available with other state tax incentives Floodway or Critical Flood Zone Not in a flood zoneElectrical Service ProvidersEntergy, Claiborne Electric Co-OpNatural Gas ProviderCenterpoint Energy 4” mainWater Provider Town of Arcadia Water DepartmentNearest Main Location/Size (Water)8” main Capacity Available (Water) 1.5 million gallons per daySewer Provider Town of ArcadiaCapacity Available (Sewer)500,000 gallons per dayTelephone Provider AT&T

For more information on these and other sites in our region, go to:www.nwlaprospector.com

Utility Information

Market Access

Workforce

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Gas: Center Point Energy / 1-800-992-7552Electric: Entergy / Emergencies: 1-800-368-3749 / Power Outages: 1-800-968-8243 / Customer Service: 1-800-368-3749Electric: Claiborne Electric Co-op / 1-800-361-3011Broadband Internet and Web Hosting: Bayou Internet / 1-888-302-2968Phone: AT&T / 1-866-213-6300Water: Town of Arcadia / 1-318-263-8456

Highways:Interstate 20US Highway 80LA Highway 4, 7, 9, 150, 154, 501, 747, 754, 792Freight Rail:Kansas City SouthernNavigable Waterways/Ports:Caddo-Bossier Port (shallow) Channel Depth 9ʼ  55 milesPort of Lake Charles Channel Depth 40ʼ  200 milesAirports:Monroe Regional (Commercial) Runway Length 8,351ʼ  50 milesShreveport Regional (Commercial)Runway Length 7,500ʼ 55 milesArcadia Bienville (General)Runway Length 3,000ʻ  In Parish

Distance from Arcadia to:Ruston, LA / 18 milesMinden, LA / 24 milesMonroe, LA / 48 milesShreveport, LA / 50 milesDallas, TX / 239 milesJackson, MS / 168 miles

Total Employees by Major SIC (2006)Total Employees by Major SIC (2006)Total Employees by Major SIC (2006)Total Employees by Major SIC (2006)Total Employees by Major SIC (2006)Total Employees by Major SIC (2006)Total Employees by Major SIC (2006)

 

Agricultural, Forestry, Fishing (SIC Range 01-09) Mining (SIC 10-14) Construction (SIC 15-17) Manufacturing (SIC 20-39) Transportation and Communications (SIC 40-49) Wholesale Trade (SIC 50-51) Retail Trade (SIC 52-59) Finance, Insurance And Real Estate (SIC 60-69) Services (SIC 70-89) Public Administration (SIC 90-98) Unclassified (SIC 99) 

1 mile1 mile 10 miles10 miles 20 miles20 milesTotal % Total % Total %

0 0.00% 32 0.90% 176 0.70%

1 0.20% 90 2.50% 238 1.00%5 0.80% 78 2.20% 838 3.40%1 0.20% 1,293 36.20% 2,546 10.50%

53 8.00% 170 4.80% 1,099 4.50%

8 1.20% 171 4.80% 973 4.00%117 17.60% 547 15.30% 4,628 19.00%13 2.00% 122 3.40% 1,200 4.90%

395 59.50% 808 22.60% 10,560 43.40%71 10.70% 254 7.10% 2,038 8.40%

0 0.00% 4 0.10% 44 0.20%

Workforce (continued)

Training

6

Major Employers Jobs

House of Raeford  (Poultry Processing)

Haynes International (High-Tech Tubing)

Altivity Packaging (Coated Paper Products)

Murphy Brothers Trucking (Trucking)

Willow Ridge (Nursing Home Facility)

Leslie Lakes (Nursing Home Facility)

Bienville Medical Center (Hospital)

Omega (Cardboard Containers)

Hanover (Oilfield Compressors)

627

140

130

128

115

115

74

50

45

Average Employmentby: Major Industry Divisionin 20 miles radius

Average Employmentby: Major Industry Divisionin 20 miles radius

Agriculture

Mining

Construction

Manufacturing

Wholesale Trade

Retail Trade

Trans/Warehouse

Fin & Insurance

Real Estate

Healthcare/Soc

Accommodation/Food

Public Admin.

0.1%

1.0%

3.4%

10.5%

4.0%

19.0%

4.5%

2.8%

1.5%

11.5%

7.9%

4.2%

Labor Market(20 mile radius)

Labor Force: 26,111Unemployment: 5.6%

Income Bienville Parish Total

Personal Income2002: $308M2003: $312M2005: $337M

Median Household2000: $23,3262005: $39,456

Taxes (2007)

State: 4.0%City: 2.0%Parish: 3.0%

Total: 9.0%

Louisiana Workforce Development and Training ProgramDescriptionThis program provides funding for customized workforce training programs, if all qualifications are met, in order to improve the competitiveness and productivity of Louisiana 's workforce and business community and to assist Louisiana businesses in promoting employment stability.Funding$2.5 million in an annual state appropriation.Who's EligibleExisting Louisiana businesses that have been operating less than three years and companies located outside of Louisiana locating a facility within the state.Minimum of 10 net new jobs must be created unless upgrade training is involved. Upgrade training must be provided to a minimum of 10 full-time permanent Louisiana employees. Pre-employment and/or on-the-job training are eligible.(Excludes retail, gaming or gambling, trucking, lodging or hospitality, assisted living, funeral homes, nursing homes, retirement communities and others as determined by LED)The Process

1. Application filed by company requesting approval of funding. 2. Application reviewed for completeness and content by program manager. 3. Application presented to La. Economic Development Corporation Board for approval. 4. Contract approval process.

Training LocationTraining takes place at the company, community or technical college campus.

For more information, contact the Louisiana Department of Economic DevelopmentAttention: Ms. Cathy Breaux in Baton Rouge, LA at (225) 342-5375E-mail Address: breaux@la.gov

Employment Wages

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2006 Employment Wages2006 Employment Wages2006 Employment WagesOccupation Median

Hourly Wage

Median Annual Wage

All Occupations $11.86 $24,660Management occupationsManagement occupationsManagement occupations

Management occupations $27.74 $57,700Chief executives $58.56 $121,800General and operations managers $31.29 $65,080Advertising and promotions managers $21.23 $44,160Marketing managers $28.04 $58,330Sales managers $30.22 $62,860Public relations managers $18.44 $38,350Administrative services managers $24.18 $50,300Computer and information systems managers

$24.81 $51,610

Financial managers $31.39 $65,280Compensation and benefits managers $25.85 $53,760Training and development managers $18.06 $37,570Human resources managers, all other $26.22 $54,540Industrial production managers $29.06 $60,440Purchasing managers $21.74 $45,220Transportation, storage, and distribution managers

$23.39 $48,650

Construction managers $25.70 $53,460Education administrators, postsecondary $34.87 $72,530Engineering managers $35.37 $73,560Food service managers $17.60 $36,620Lodging managers $14.03 $29,180Postmasters and mail superintendents $25.90 $53,870Property, real estate, and community association managers

$14.05 $29,230

Social and community service managers $16.48 $34,290Managers, all other $29.88 $62,150

Business and financial operations occupationsBusiness and financial operations occupationsBusiness and financial operations occupationsBusiness and financial operations occupations

$20.62 $42,890

Wholesale and retail buyers, except farm products

$15.64 $32,530

Purchasing agents, except wholesale, retail, and farm products

$18.47 $38,410

Claims adjusters, examiners, and investigators

$24.08 $50,080

Compliance officers, except agriculture, construction, health and safety, and transportation

$17.82 $37,060

Cost estimators $20.30 $42,230Employment, recruitment, and placement specialists

$15.72 $32,700

Compensation, benefits, and job analysis specialists

$15.61 $32,470

Training and development specialists $19.58 $40,720

Human resources, training, and labor relations specialists, all other

$24.86 $51,710

Management analysts $22.15 $46,080Business operations specialists, all other $30.40 $63,230Accountants and auditors $22.40 $46,590Appraisers and assessors of real estate $16.34 $33,990Budget analysts $21.81 $45,360Credit analysts $20.18 $41,970Financial analysts $26.24 $54,580Financial examiners $34.10 $70,940Loan officers $17.32 $36,030Tax examiners, collectors, and revenue agents

$26.73 $55,590

Tax preparers $13.70 $28,500Financial specialists, all other $14.75 $30,690

Computer and mathematical occupationsComputer and mathematical occupationsComputer and mathematical occupationsComputer and mathematical occupations

$20.87 $43,410

Computer programmers $19.42 $40,400Computer software engineers, applications

$34.73 $72,250

Computer software engineers, systems software

$26.78 $55,710

Computer support specialists $15.90 $33,080Computer systems analysts $28.97 $60,260Database administrators $15.00 $31,210Network and computer systems administrators

$23.18 $48,220

Network systems and data communications analysts

$19.78 $41,140

Computer specialists, all other $18.22 $37,890Architecture and engineering occupationsArchitecture and engineering occupationsArchitecture and engineering occupations

Architecture and engineering occupations

$24.90 $51,780

Architects, except landscape and naval $23.86 $49,640Surveyors $20.06 $41,720Civil engineers $25.65 $53,340Electronics engineers, except computer $39.92 $83,030Environmental engineers $32.83 $68,280Health and safety engineers, except mining safety engineers and inspectors

$25.76 $53,590

Industrial engineers $36.64 $76,210Mechanical engineers $29.07 $60,460Engineers, all other $31.81 $66,170Architectural and civil drafters $17.05 $35,470Mechanical drafters $14.57 $30,290Drafters, all other $19.01 $39,540Civil engineering technicians * *Electrical and electronic engineering technicians

$24.93 $51,860

Employment Wages (continued)

8

Industrial engineering technicians $17.95 $37,330Engineering technicians, except drafters, all other

$23.94 $49,800

Surveying and mapping technicians $11.58 $24,090Life, physical, and social science occupationsLife, physical, and social science occupationsLife, physical, and social science occupations

Life, physical, and social science occupations

$18.63 $38,750

Environmental scientists and specialists, including health

$16.77 $34,890

Geoscientists, except hydrologists and geographers

$31.80 $66,150

Market research analysts $16.58 $34,490Clinical, counseling, and school psychologists

$30.16 $62,740

Urban and regional planners $25.02 $52,040Geological and petroleum technicians $16.56 $34,450Environmental science and protection technicians, including health

$14.21 $29,550

Life, physical, and social science technicians, all other

$22.30 $46,390

Community and social services occupationsCommunity and social services occupationsCommunity and social services occupationsCommunity and social services occupations

$17.80 $37,030

Educational, vocational, and school counselors

$22.00 $45,760

Mental health counselors $11.83 $24,610Rehabilitation counselors $16.37 $34,050Counselors, all other $8.42 $17,510Child, family, and school social workers $14.39 $29,940Medical and public health social workers $18.45 $38,380Mental health and substance abuse social workers

$12.90 $26,840

Social workers, all other $23.44 $48,750Social and human service assistants $8.86 $18,430Community and social service specialists, all other

$15.44 $32,110

Clergy $19.00 $39,520Legal occupationsLegal occupationsLegal occupations

Legal occupations $20.36 $42,350Lawyers $33.63 $69,940Administrative law judges, adjudicators, and hearing officers

$62.22 $129,410

Paralegals and legal assistants $15.58 $32,410Court reporters * *Law clerks $14.55 $30,270Title examiners, abstractors, and searchers

$14.97 $31,130

Education, training, and library occupationsEducation, training, and library occupationsEducation, training, and library occupationsEducation, training, and library occupations

$18.18 $37,820

Vocational education teachers, postsecondary

$12.86 $26,750

Preschool teachers, except special education

$6.57 $13,670

Middle school teachers, except special and vocational education

* $35,400

Teachers and instructors, all other * $44,270Librarians $20.78 $43,210Library technicians $11.76 $24,460

Arts, design, entertainment, sports, and media occupationsArts, design, entertainment, sports, and media occupationsArts, design, entertainment, sports, and media occupationsArts, design, entertainment, sports, and media occupations

$12.81 $26,640

Floral designers $9.33 $19,410Graphic designers $11.62 $24,160Producers and directors $14.16 $29,450Coaches and scouts * $28,340Reporters and correspondents $16.19 $33,670Public relations specialists $20.94 $43,550Media and communication workers, all other

$12.92 $26,860

Broadcast technicians $9.65 $20,060Photographers $13.32 $27,700

Healthcare practitioners and technical occupationsHealthcare practitioners and technical occupationsHealthcare practitioners and technical occupationsHealthcare practitioners and technical occupations

$19.64 $40,850

Dentists, general # #Dietitians and nutritionists $14.23 $29,590Pharmacists $40.54 $84,310Anesthesiologists $55.99 $116,460Family and general practitioners # #Internists, general $66.60 $138,520Surgeons # #Physicians and surgeons, all other $52.88 $110,000Physician assistants $25.94 $53,960Registered nurses $22.84 $47,510Occupational therapists $32.36 $67,300Physical therapists $33.11 $68,860Recreational therapists $17.80 $37,020Respiratory therapists $19.19 $39,920Speech-language pathologists $31.40 $65,320Veterinarians $22.22 $46,210Health diagnosing and treating practitioners, all other

$20.63 $42,910

Medical and clinical laboratory technologists

$20.83 $43,330

Dental hygienists $29.90 $62,190

Employment Wages (continued)

9

Cardiovascular technologists and technicians

$15.49 $32,210

Diagnostic medical sonographers $23.71 $49,320Nuclear medicine technologists $25.06 $52,120Radiologic technologists and technicians $19.41 $40,380Emergency medical technicians and paramedics

$10.21 $21,240

Dietetic technicians $7.85 $16,320Pharmacy technicians $11.70 $24,340Surgical technologists $13.61 $28,320Veterinary technologists and technicians $9.98 $20,760Licensed practical and licensed vocational nurses

$14.68 $30,530

Medical records and health information technicians

$9.29 $19,320

Opticians, dispensing * *Health technologists and technicians, all other

$10.73 $22,310

Healthcare practitioners and technical workers, all other

$12.13 $25,240

Healthcare support occupationsHealthcare support occupationsHealthcare support occupationsHealthcare support occupations $8.67 $18,030Home health aides $7.44 $15,470Nursing aides, orderlies, and attendants $7.86 $16,350Occupational therapist assistants $18.43 $38,330Physical therapist assistants $18.18 $37,810Physical therapist aides $9.41 $19,580Dental assistants $13.87 $28,840Medical assistants $10.29 $21,410Medical transcriptionists $13.33 $27,730Pharmacy aides $8.99 $18,700Veterinary assistants and laboratory animal caretakers

$6.38 $13,270

Healthcare support workers, all other $11.73 $24,400Protective service occupationsProtective service occupationsProtective service occupations

Protective service occupations $12.51 $26,020First-line supervisors/managers of police and detectives

$24.19 $50,320

First-line supervisors/managers of fire fighting and prevention workers

$18.07 $37,580

First-line supervisors/managers, protective service workers, all other

$15.84 $32,960

Fire fighters $15.95 $33,180Correctional officers and jailers $10.88 $22,630Detectives and criminal investigators $20.98 $43,630Police and sheriff's patrol officers $15.11 $31,420Security guards $8.28 $17,220Protective service workers, all other $12.53 $26,060

Food preparation and serving related occupationsFood preparation and serving related occupationsFood preparation and serving related occupationsFood preparation and serving related occupations

$6.74 $14,020

Chefs and head cooks $17.56 $36,530First-line supervisors/managers of food preparation and serving workers

$13.02 $27,070

Cooks, fast food $6.59 $13,710Cooks, institution and cafeteria $6.72 $13,990Cooks, restaurant $9.39 $19,540Cooks, short order $6.38 $13,270Food preparation workers $6.91 $14,370Bartenders $6.80 $14,150Combined food preparation and serving workers, including fast food

$6.53 $13,570

Counter attendants, cafeteria, food concession, and coffee shop

$6.55 $13,620

Waiters and waitresses $6.32 $13,150Food servers, nonrestaurant $6.89 $14,330Dining room and cafeteria attendants and bartender helpers

$6.30 $13,100

Dishwashers $6.49 $13,500Hosts and hostesses, restaurant, lounge, and coffee shop

$6.84 $14,220

Building and grounds cleaning and maintenance occupationsBuilding and grounds cleaning and maintenance occupationsBuilding and grounds cleaning and maintenance occupationsBuilding and grounds cleaning and maintenance occupations

$7.25 $15,070

First-line supervisors/managers of housekeeping and janitorial workers

$10.72 $22,300

First-line supervisors/managers of landscaping, lawn service, and groundskeeping workers

$16.00 $33,290

Janitors and cleaners, except maids and housekeeping cleaners

$7.29 $15,160

Maids and housekeeping cleaners $6.38 $13,270Pest control workers $9.99 $20,780Landscaping and groundskeeping workers

$8.18 $17,020

Grounds maintenance workers, all other $8.66 $18,010

Demographics

Tax Information

10

" As of the census[5] of 2000, there were 3,041 people, 1,071 households, and 737 families residing in the town. The population density was 1,025.6 people per square mile (395.3/km²). There were 1,231 housing units at an average density of 415.2/sq mi (160.0/km²). The racial makeup of the town was 37.98% White, 60.57% African American, 0.26% Native American, 0.10% Asian, 0.26% from other races, and 0.82% from two or more races. Hispanic or Latino of any race were 1.61% of the population.A glimpse of downtown Arcadia:" There were 1,071 households out of which 31.7% had children under the age of 18 living with them, 37.0% were married couples living together, 27.9% had a female householder with no husband present, and 31.1% were non-families. 28.5% of all households were made up of individuals and 12.7% had someone living alone who was 65 years of age or older. The average household size was 2.57 and the average family size was 3.16." In the town of Arcadia, the population was spread out with 27.1% under the age of 18, 9.2% from 18 to 24, 24.4% from 25 to 44, 18.7% from 45 to 64, and 20.6% who were 65 years of age or older. The median age was 37 years. For every 100 females there were 81.1 males. For every 100 females age 18 and over, there were 73.3 males." The median income for a household in the town was $21,661, and the median income for a family was $26,250. Males had a median income of $25,885 versus $17,279 for females. The per capita income for the town was $10,962. About 27.1% of families and 31.4% of the population were below the poverty line, including 42.7% of those under age 18 and 20.6% of those age 65 or over.

Enterprise ZoneThe Enterprise Zone (EZ) Program is a job creation incentive program that provides Louisiana Income and Franchise tax credits to a business hiring a minimum number of net new employees. A tax credit of $2,500 per new job is typically awarded.  The Enterprise Zone program also rebates the state sales tax (4%) and local sales tax (5%) on materials purchased for new building, machinery, and equipment.

Inventory Tax Credit ProgramThe Louisiana Inventory Tax Credit Program provides a credit for the ad valorem taxes paid to local parishes on inventory held by manufacturers.  This credit can be applied against state corporate income or corporate franchise taxes.  The credit is equal to 100% of the ad valorem taxes paid to local parishes.  Any allowable credit which exceeds the corporate income or franchise tax liability is refunded.

Quality JobsAn annual rebate for up to ten years of 5% or 6% of gross annual payroll for certain conditions and a rebate of state sales/use tax on materials for building and machinery and equipment purchased during the construction period.

Industrial Tax Exemption ProgramA five year property tax exemption renewable for additional five years on capitalized purchases for new and expanding manufacturers.

Freeport TaxAn exemption from property taxes on goods moving through Louisiana if final destination is outside state.

Renewal Community Tax IncentivesWage Credit: Up to $1,500 or 15 percent of an employee's salary up to $10,000 for each employee who lives and works in the renewal community.Work Opportunity Credit: Up to $2,400 for employees hired from groups that have high unemployment rates or other special employment needs, including youth ages 18 to 24 who live in the renewal community. Other qualified groups include veterans, ex-felons, food stamp recipients, vocational rehabilitation referrals and summer youth.Welfare to Work Credit: Up to $3,500 for the first year and $5000 for the second year for each new hire of someone on long term family assistance.Increased Section 179 Deduction: Allows businesses to take a deduction of up to $35,000 on equipment purchases. That lets businesses deduct all or part of the equipment cost the year it is purchased instead of deducting the expense over time.Commercial Revitalization Deduction: Businesses can elect to treat qualified revitalization expenditures chargeable to a capital account for any qualified revitalization building in either of the following ways:  Deduct half of the expenditures for the tax year the building is placed in service, orAmortize all the expenditures over a 120-month period beginning with the month the building is placed in service.Electing to take this deduction, disallows taking a depreciation deduction for the same expenditures.  Claiming this deduction enables the business to recover half (or all) of your qualified revitalization expenditures over a shorter period of time than depreciation. The commercial revitalization deduction is also allowed for both regular tax and alternative minimum tax purposes.  Maximum value of incentive $10,000,000.Environmental Clean up Cost Deduction: Allows businesses looking for land to deduct clean up costs of hazardous substances in qualified areas.Zero Percent Capital Gains Rate: A business that holds an asset for at least five years does not have to pay taxes on the profit of its sale.

Consumer Expenditures

11

Consumer ExpendituresConsumer ExpendituresConsumer ExpendituresConsumer ExpendituresConsumer ExpendituresConsumer ExpendituresConsumer ExpendituresDistance: 1 miles1 miles 3 miles3 miles 5 miles5 miles

  $ Per Households

Total $000s $ Per Households

Total $000s $ Per Households

Total $000s

Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)Apparel 523 152 509 713 509 713Men's Apparel 154 45 149 209 149 209Boys' Apparel 32 9 31 43 31 43Women's Apparel 161 47 157 219 157 219Girls' Apparel 30 9 29 40 29 40Infants Apparel 21 6 20 28 20 28Footwear 72 21 70 98 70 98Apparel Services and Accessories 55 16 54 75 54 75Education 843 245 817 1,143 817 1,143Books And Supplies 117 34 114 159 114 159Tuition 726 211 703 984 703 984Entertainment 2,012 585 1,967 2,754 1,967 2,754Fees And Admissions 474 138 462 647 462 647Video And Audio Equipment 735 214 718 1,005 718 1,005Recreational Equipment And Supplies 803 234 787 1,101 787 1,101Food and Beverages 5,909 1,720 5,767 8,073 5,767 8,073Food At Home 3,224 938 3,145 4,403 3,145 4,403Food Away From Home 2,260 658 2,208 3,091 2,208 3,091Alcoholic Beverages 424 123 414 579 414 579Health Care 2,410 701 2,370 3,318 2,370 3,318Health Care Insurance 1,166 339 1,147 1,605 1,147 1,605Health Care Services 583 170 572 801 572 801Health Care Supplies And Equipment 661 192 652 912 652 912Household Furnishings and Equipment

1,508 439 1,473 2,062 1,473 2,062

Household Textiles 111 32 109 152 109 152Furniture 404 118 394 552 394 552Floor Coverings 48 14 47 66 47 66Major Appliances 180 52 177 248 177 248Housewares And Small Appliances 764 222 745 1,043 745 1,043Shelter 7,110 2,069 6,953 9,734 6,953 9,734Mortgage Interest 2,612 760 2,521 3,530 2,521 3,530Property Taxes 1,136 331 1,120 1,568 1,120 1,568Miscellaneous Owned Dwelling Costs 937 273 916 1,282 916 1,282Rental Costs 2,061 600 2,044 2,862 2,044 2,862Other Lodging 364 106 352 493 352 493Household Operations 1,215 354 1,185 1,658 1,185 1,658Babysitting And Elderly Care 283 82 274 383 274 383Household Services 217 63 213 298 213 298Alimony And Child Support 179 52 175 245 175 245Household Supplies 536 156 523 732 523 732Miscellaneous Expenses 637 185 623 872 623 872Legal And Accounting 77 22 75 105 75 105Funeral And Cemetery 70 20 69 96 69 96

Consumer Expenditures (continued)

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Consumer ExpendituresConsumer ExpendituresConsumer ExpendituresConsumer ExpendituresConsumer ExpendituresConsumer ExpendituresConsumer ExpendituresDistance: 1 miles1 miles 3 miles3 miles 5 miles5 miles

  $ Per Households

Total $000s $ Per Households

Total $000s $ Per Households

Total $000s

Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)Consumer Expenditures (2006)

Hair Care 42 12 41 58 41 58Electric Personal Care Appliances 11 3 10 15 10 15Personal Care Services 364 106 354 496 354 496Personal Care Products 127 37 124 173 124 173Reading 120 35 118 165 118 165Newspapers 52 15 51 71 51 71Magazines 25 7 24 34 24 34Books 44 13 43 60 43 60Tobacco 280 81 275 385 275 385Cigarettes 252 73 247 346 247 346Other Tobacco Products 28 8 28 39 28 39Transportation 7,320 2,130 7,135 9,989 7,135 9,989New Vehicle Purchase 1,732 504 1,682 2,355 1,682 2,355Used Vehicle Purchase 1,263 368 1,233 1,726 1,233 1,726Motorcycles (New And Used) 46 13 44 62 44 62Vehicle Finance Charges 347 101 336 471 336 471Gasoline And Oil 1,698 494 1,660 2,324 1,660 2,324Vehicle Repair And Maintenance 582 169 568 795 568 795Vehicle Insurance 855 249 836 1,171 836 1,171Public Transportation 399 116 390 546 390 546Other Transportation Costs 398 116 386 541 386 541Utilities 2,771 806 2,707 3,790 2,707 3,790Natural Gas 386 112 378 529 378 529Electricity 1,029 299 1,006 1,408 1,006 1,408Fuel Oil And Other Fuels 100 29 98 138 98 138Telephone Service 942 274 920 1,287 920 1,287Other Utilities 313 91 306 428 306 428Gifts 899 262 884 1,237 884 1,237Gifts Of Apparel 180 52 176 247 176 247Gifts Of Apparel Accessories 23 7 23 32 23 32Gifts Of Education 183 53 180 252 180 252Gifts Of Recreation 62 18 61 85 61 85Gifts Of Food And Beverages 82 24 81 113 81 113Gifts Of Household Furnishings And Equipment

147 43 144 202 144 202

Gifts Of Household 39 11 38 54 38 54Gifts Of Transportation 45 13 45 63 45 63Gifts Elsewhere Unspecified 137 40 135 189 135 189Personal Insurance 345 100 337 472 337 472Contributions 1,227 357 1,211 1,695 1,211 1,695

Tax Incentives

Contact Information# #

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Arcadia is located in an Enterprise Zone and is a Renewal Community• Tax credits and sales and use tax refunds if 35% of new employees come from one of four targeted groups.• A five year property tax exemption renewable for additional five years on capitalized purchases for new and expanding

manufacturers.• An annual rebate for up to ten years of 5% of gross annual payroll for certain wage rates under certain conditions and a rebate of

state sales/use tax on materials for building, machinery, and equipment purchased during the construction period.• There is a 100% credit against state corporate income and franchise in the amount of local inventory tax that manufacturers and

distributors pay.• Work opportunity credit up to $2,400 for certain employees.• A Commercial Revitalization Deduction which allows businesses to deduct a portion of the cost of construction or rehabilitation of

commercial property over a shorter period of time.• You can take an additional $35,000 of the cost of new equipment in the year it is put into service.• Welfare work credit up to $3500 for the first year and $5,000 for the second year for certain employees.• A wage credit of up to $1500 or 15 of salary up to $10,000 for certain employees.• An exemption from property taxes on goods moving through Louisiana if final destination is outside state.• The Town of Arcadia Louisiana encourages and supports Affordable Housing.

For more detailed information on eligibility, application procedures, and job certification contact:Louisiana Economic Development, Business Incentive Services,P. O. Box 94185, Baton Rouge, Louisiana  70802Phone: 225-342-9228  Fax: 225-342-0142  http://www.led.louisiana.gov

Mayor Eugene SmithTown of Arcadia, LouisianaPhone: (318) 263-8456Email: arcadiamayor@bellsouth.net

Jan SimsExecutive Assistant Phone: (318) 263-8456Email: jsims.arcadia@yahoo.com

For any additional information, please contact: