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Pleasanton General Plan Fiscal Impact Analysis
<br /> Final Report 01/16/14
<br /> Pleasanton's population is older than other Tri-Valley cities. Its average age of 40.5 exceeds
<br /> Livermore's 38.2 and Dublin's 35.3, as shown in Table 2. Pleasanton has the highest share of
<br /> "active" seniors in the 65 to 79 years age cohort as well as children, and the least young
<br /> professionals between the ages of 20 and 34. The age distribution suggests Pleasanton's
<br /> desirability among affluent families that seek school performance and other quality of life
<br /> amenities for their children. Many of these parents are also likely to remain in the City after
<br /> retirement, resulting in strong demand for senior services.
<br /> Table 2 Population by Age Distribution
<br /> Pleasanton Livermore Dublin
<br /> Age Total Share Total Share Total Share
<br /> Under 10 years 9,753 14.3% 10,679 13.6% 6,057 14.2%
<br /> 10 to 19 years 10,299 15.1% 11,228 14.3% 4,692 11.0%
<br /> 20 to 34 years 10,913 16.0% 13,270 16.9% 11,133 26.1%
<br /> 35 to 49 years 17,733 26.0% 20,886 26.6% 11,944 28.0%
<br /> 50 to 64 years 12,686 18.6% 14,762 18.8% 6,356 14.9%
<br /> 65 to 79 years 5,184 7.6% 5,496 7.0% 2,048 4.8%
<br /> 80 years and over 1.637 2.4% 2.199 2.8% 427 1.0%
<br /> Total 68,204 100.0% 78,520 100.0% 42,657 100.0%
<br /> Median Age 40.5 38.2 35.3
<br /> *Note: Factors such as differences in residence rules, universes, and reference periods may affect
<br /> comparisons of ACS estimates with decennial census estimates. For example,given the
<br /> reference period differences,seasonality may affect comparisons between decennial census
<br /> and ACS estimates.
<br /> Source: 2006-2010 American Community Survey(ACS), and Economic&Planning Systems, Inc.
<br /> Pleasanton has become more ethnically diverse over the last 20 years. The City's residents are
<br /> increasingly diverse, well-educated, and affluent. Asian and multi-race persons have become a
<br /> significantly greater share of the population.2
<br /> Recent Economic Trends
<br /> At this time, the United States is still recovering from the Great Recession and economic
<br /> conditions remain uncertain. The Great Recession had a profound effect upon local economies,
<br /> growth, and related fiscal conditions in California cities, with widespread home foreclosures,
<br /> unemployment, reduced consumer confidence and credit, and declining property values. These
<br /> conditions have diminished General Fund revenues from property, sales, business license,
<br /> development fees and other sources in recent years. While home values have started to recover,
<br /> the effect on municipal revenues is delayed. At the same time, demand for many of the public
<br /> services funded through the General Fund, such as public safety, facility maintenance, and park
<br /> and recreation, has remained steady and in some cases increased.
<br /> 2 2011 Eastern Alameda County Human Services Needs Assessment.
<br /> Economic&Planning Systems, Inc. 6 P:11210001121062PIeasanton\Report1121062Report FINAL.doc
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