CEDS 2023
EVALUATION
YSEDD PRESENTATION TO
CITY OF MARYSVILLE
VISION
To foster a vibrant, prosperous and growing Yuba-Sutter region through exceptional leadership and involvement of the community
2 Employment and Workforce (Yuba City MSA)
Declining
Market
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Financial
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Trust
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3 2022 2023 Trend
Employment growth (annual) 56,600 57,500 ↑ 1.6%
Labor force 75,500 79,800 ↑ 5.7%
Unemployment (annual not adjusted) 6.07% 6.64% ↑ 7.97%
Unemployment (Current 12/31/2023) 8%
Annual wages (Q3) $54,183 $55,907 ↑ 5.6%
Economic (Yuba City MSA)
Declining
Market
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4 Yuba City MSA
2022
Yuba City MSA
2023
USA
2023 Trend
Poverty Levels 14% 13.8% 12.6% ↓ 1.4%
Median Household Income $61,676 $71,066 $74,580 ↑ 15.2% Annual wages (Q3) $54,183 $55,907 $70,319 ↑ 5.6%
Yuba City MSA 2021 Yuba City MSA 2022
Wealth Creation (Gross
Domestic Product)
2021 v 2022
$8,104,050,000 $8,608,166,000 ↑ 6.22%
EDUCATION ATTAINMENT (Yuba City MSA)
Declining
Market
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5 Yuba City MSA
2022
Yuba City MSA
2023
USA
2023 Trend
No High School Diploma 19.11% 18.1% 10.3% ↓
High School Graduate 23.68% 24.1% 25.7% ↑
Some College, No Degree 27.1% 27.7% 20.1% ↑
Associate degree 10.86% 10.8% 9.3% ↓
Bachelor’s Degree 13.2% 13.1% 22% ↓
Postgraduate Degree 6.03% 6.2% 13.1% ↑
NOTABLE REGIONAL GOALS &
ACCOMPLISHMENTS
THAT ALIGN WITH
CEDS TACTICS
GOAL 1 – CREATE & MAINTAIN A
COMPETITIVE REGION
Tactic 1 – Attract More Industries to the
Region
In the Yuba-Sutter region
there was
Costco - Approximately 160,000 sq. ft. was
completed in the fall of 2023, creating
approximately 175 jobs.
Seven businesses opened in Marysville
creating approximately 58 jobs.
Four business opened in Yuba City creating
approximately 100 jobs.
Beale AFB - Four construction/renovation
projects. $11.7 million investment.
6 NOTABLE REGIONAL GOALS &
ACCOMPLISHMENTS
THAT ALIGN WITH
CEDS TACTICS
GOAL 1 – CREATE & MAINTAIN A
COMPETITIVE REGION
Tactic 3 – Maintain, Promote, & Expand
Businesses
YSEDC and its consortium
partners provided
1686 consulting hours
3,407 business 91 networking event
opportunities
37 scholarships (QuickBooks, Small Desk, & Grant
Station)
10,953 workforce development services
3224 businesses were provided with 6720
business services
$561,784 lent & $1,83 million in private
capital infusion
Created 201 jobs and retained 120
Conducted two business walks, one in each
county
10 Façade improvement grants in
downtown Marysville
7 NOTABLE REGIONAL GOALS &
ACCOMPLISHMENTS
THAT ALIGN WITH
CEDS TACTICS
GOAL 3 – IMPROVE AND MODERNIZE
INFRASTRUCTURE
Tactic 3 – Promote Transit Planning &
Housing Development
In the Yuba-Sutter region
Yuba Sutter Transit Next Gen
Transit Plan - adopted May 18,
2023
Yuba Sutter Transit Facility - a
$55.8 project
Regional Rail Project - a
proposed new passenger rail
service to the region
8 NOTABLE GOALS &
ACCOMPLISHMENTS
THAT ALIGN WITH
CEDS TACTICS
GOAL 3 – IMPROVE AND MODERNIZE
INFRASTRUCTURE
Tactic 1 – Modernize the Region’s
Infrastructure to Meet Future Demand
IN MARYSVILLE
Flood Protection of the City of
Marysville – Phases 1, 2A, 2C, 3,
and 4A complete
Leachate Conveyance Project –
complete
City’s Park Irrigation Well
initiative - complete
9 NOTABLE GOALS &
ACCOMPLISHMENTS
THAT ALIGN WITH
CEDS TACTICS
GOAL 3 – IMPROVE AND MODERNIZE
INFRASTRUCTURE
Tactic 2 – Develop & Improve Alternative,
Mutli-model and Intermodel Distribution
Infrastructure
IN THE REGION
Caltrans completed 9 projects in
2023 and has 34 projects slated for
the region
IN MARYSVILLE
Systemic Safety Analysis Report Program
(SSARP) – Strategic Highway Safety plan
complete
10 NOTABLE GOALS &
ACCOMPLISHMENTS
THAT ALIGN WITH
CEDS TACTICS
GOAL 3 – IMPROVE AND MODERNIZE
INFRASTRUCTURE
Tactic 3 – Promote Transit Planning &
Housing Development
HOUSING PROJECTS IN
MARYSVILLE
Maryville East Lake Development –
71 units complete
3rd and D Street Apartment
Development – 34 market rate units
The Delta Building project
The Nakagawa project – 10-units
11 NOTABLE GOALS &
ACCOMPLISHMENTS
THAT ALIGN WITH
CEDS TACTICS
GOAL 4 – FOSTER OVERALL QUALITY OF LIFE
Tactic 1 – Promote & Market For Continued
Investment
IN MARYSVILLE
Historic Marysville High School
Auditorium Restoration
Marysville Drakes – providing
entertainment for hundreds
Bok Kai Parade & Peach Festival –
brought thousands of visitors to the city
Ellis Lake Restoration – $3 million grant
awarded
Rehabilitate the River District – sewer
pond decommission complete
Gavin Park – phase I complete
Bryant Field Rehabilitation – phase I
complete
12 NOTABLE GOALS &
ACCOMPLISHMENTS
THAT ALIGN WITH
CEDS TACTICS
GOAL 4 – FOSTER OVERALL QUALITY OF LIFE
Tactic 1 – Promote & Support Collaboration
and Shared Resources for Regional Safety
REGIONAL
Tri-County Youth Development Center –
A 32-bed facility,17,000 square feet. A
ribbon cutting was held in August 2023.
13 THANK YOU
Cynthia Roderick, CEDS Committee Chair
(530) 751-8555
[email protected]
www.choseyubasutter.com
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