Pike County poised for successful 2014Published 11:00pm Wednesday, January 1, 2014
Unlike many regions in the United States, Pike County has withstood the economic recession and has come out of the economic downturn stronger than ever.
During 2013, every local Pike County government saw its tax revenues increase from 2012. Because of the financial strength of the local governments, Pike County is an attractive place for businesses.
Both Brundidge and Troy own their own utilities. The money brought in from these utilities allows for the local governments to better serve their constituents. In the past year, Brundidge has expanded its recreation department, and Troy has improved public safety by buying new firetrucks and hiring additional police officers.
What the Pike County Commission has accomplished in the last decade is astounding. In 2004, the commission was $8 million dollars in debt. In 2014, the commission will have a $1 million dollar surplus.
As the county’s financial situations improves, the county can invest its citizen’s tax dollars in to improving the county’s infrastructure. As the county’s infrastructure improves, the county becomes even more attractive for businesses.
Versatility is the main strength of Pike County’s economy. The county has always been blessed to house many industries, but, in recent years, new industries have relocated to Pike County, bringing new revenues and jobs to the region.
CGI, Sikorsky, Sanders Truck Lines, Lockheed Martin and Walmart all provide more than 300 jobs to Pike County’s residents. Troy University provides more than 2,300 jobs to the region and continues to expand its global reach. Through the university, Pike County has an economic footprint in locations around the country and around the world.
If Pike County’s elected officials keep to the same course as 2013, 2014 is set to be a banner year for the county.