Date: May 20th, 2031
Summary: The Office of Basin Development has released its first update on the lone population center of Emerald Basin! St. Matthew is in its 17th year as a city, and after some initial economic problems that most cities face in their early stages, its budget has stabilized and now has the funds to expand at will. The format of these updates will be simple: each department will give its analysis on the current state of affairs as it pertains to that department’s responsibility. There will be no set date that reports will be issued on at this time; rather, after a period of sufficient activity, the Office of Basin Development (OBD) will issue an update on the city. Without any further delay, here is the update for St. Matthews!
Department of Economic Development (formerly Department of Finance):
The first 8 years of St. Matthew’s financial picture were bleak; the city had to constantly take out loans to stay afloat, and much of North and East bank were constructed piece by piece, or paycheck to paycheck rather. Once enough tax revenue was being generated to offset the loan repayments, cash on hand skyrocketed. Funds plummeted after the city underwent major reworking of the interstate and transportation network, but St. Matthew is currently recovering nicely.
As shown below, 33% of the city’s expenses are currently loan repayments; yet, we remain in the black by just under $4,000. This leaves plenty of headroom for more loans and rapid expansion.The economic picture as it relates to Sims’ incomes and job participation is healthy for a young city. The majority of the population works in the industries for relatively low paying jobs, but demand remains high and the city is booming. With massive education expansion plans, a middle class should soon emerge accompanied by a service industry boom coupled with a decline in dirty industry.
Department of Transportation:
With 8 bridges, 4 rail lines, and two interstates, St. Matthew is the transportation hub of Emerald Basin. Currently the only mass transit is our new bus system, as traffic demands are relatively low. Commuters from the South, East, and North Bank travel across the river to Hall Island, the primary employment center of the region. The Industrial Park and Central Business District are both located here and connected to both highway and rail. With commute times relatively low, it should be some time before a new mass transit system is required.
Department of Education:
St. Matthew currently has one high school and two elementary schools. No higher education buildings are expected in the near future until the population surpasses at least 50,000 Sims. As of now, the education level is sufficient for Sims to find employment in the manufacturing and service industries. As the city grows, a city college will be placed most likely in the vicinity of downtown.
Department of Business Affairs:
St. Matthew is now home to KYKZ 96.1 FM radio station! Located downtown near City Hall, the radio station addition is a sign of economic growth in the area.
As the town is still in its early stages, not all departments have enough progress to produce a full report; as growth continues and expansion takes place, updates will be made. Thanks for reading!