The City of Needles is poised for significant growth and development, as highlighted in the recent State of the City address delivered on March 10, 2024. The city council emphasized its commitment to fiscal stability and public safety, allocating 41% of the general fund to the sheriff's department and code enforcement. This focus on safety is complemented by a balanced operating budget of over $12.7 million, which includes more than $2 million earmarked for street improvement projects.
A key highlight of the meeting was the city’s ongoing 15-year pavement management plan, which has already seen 39% of the city’s roads revitalized, with an investment exceeding $8.5 million since 2020. This infrastructure improvement is part of a broader strategy to enhance city services and amenities, which in turn is expected to attract more residents and investors.
The economic outlook for Needles is promising, with a reported $7 million increase in revenue and an $8 million rise in expenditures since 2018. The city has experienced a remarkable 5% increase in property values over the past year, totaling a $27 million rise since 2017. This growth is attributed to the city’s proactive approach to development, including the rehabilitation of older housing and the construction of new facilities.
Tourism is also a vital component of Needles' economy, with the recent opening of a $12 million Hampton Inn contributing to the local hospitality sector. The city has seen an 86% increase in hotel revenues over the past decade, bolstered by the influx of visitors drawn to attractions like the Jack Smith Park launch, which welcomed over half a million visitors last year.
The cannabis industry has emerged as a significant economic driver, generating approximately 30-36% of the city’s budget and creating over 600 jobs. The city allocates 10% of cannabis tax revenues to an economic development program aimed at fostering non-cannabis business growth. Recent investments include new small businesses and expansions, further diversifying the local economy.
Looking ahead, the city council is dedicated to maintaining a pro-business environment, streamlining the permitting process, and actively seeking new retail opportunities, including a grocery store. As Needles continues to grow, the focus remains on enhancing public services and infrastructure to support its expanding population and economy.