Bancroft, IA Kossuth County

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Bancroft, IA Kossuth County Location Bancroft is located in Kossuth County in north central Iowa with a strong agriculture base and business community. Business Climate Bancroft has an **active service and production sector with 2 farm implement dealers, an ag feed plant, chicken hatchery,and a manufacturer of aluminum trailers **a Chamber of Commerce **an Economic Development Commission Contact Crysti Neuman, City Director 107 East Ramsey Bancroft, Iowa 50517 Phone: 515-885-2382 Fax: 515-885-2383 E-mail: info@bancroftiowa.com Web site: www.bancroftiowa.com Demographic Information Population 2000 2010 Population: 808 732 Labor Market Population: 25,747 54,914 Data Source: U.S. Census Bureau 2000 and 2010; Iowa Workforce Development Kossuth County Laborshed Analysis, 2003 and 2011 Households 2000 2010 Total Number of Households: 370 311 Average Household Size: 2.63 2.26 Median Household Income: $33,340.00 $39,844.00 Data Source: U.S. Census Bureau 2010 and U.S. Census Bureau's American Community Survey, 2009 Educational Attainment: Population - Age 25 Plus 2012 Associate Degree: 16 % Bachelor's Degree: 6 % Graduate or Professional Degree: 4 %

Metro Area Distances City Driving Distance (miles) Flight Time Days by Truck Days by Rail Chicago 500 2 hours 1 2 Des Moines 150 45 min. 1 1 Minneapolis 150 1 hour 1 1 Omaha 280 1.5 hours 1 2 St. Louis 520 2 hours 1 2 Labor Force Characteristics The purpose of the Laborshed Analysis is to measure the availability and characteristics of workers within the region. The Laborshed data will aid local development officials in their facilitation of industry expansion and recruitment and their service to existing industry in the area. Leading Employers Product or Service Employees Aluma Aluminum Trailers 130 FT / 2 PT Bancroft CarGo Convenience store, gas stations, food 14 Bob Boland Ford Car dealership 6 FT Deitering Brothers Farm implement dealer 20 FT / 3 PT Farmers & Traders Savings Bank Financial Services 9 FT / 2 PT Heritage Nursing Home Nursing Home 20 FT / 25 PT Standard Nutrition Co. Agriculture Livestock Feed 12 FT Welp Hatchery Baby Chickens 18 FT / 10 PT General Comments Aluma is Bancroft's leading employer and manufactures aluminum product, primarily aluminum trailers. Aluma is Bancroft's leading employer and enhanced that status with a 24,000 sq. ft. expansion in 2003 for additional production capacity. Bancroft CarGo is the newest retail establishment, a full-service convenience store.

Local Government Type of Government: Mayor / Council / Administrator Comprehensive City Plan: Year Plan Completed: 2003 Strategic City Plan: Year Plan Completed: 2003 City Zoning Ordinance in Effect: County Zoning Ordinance in Effect: Percent of Streets Paved: 100.0 Local Government Services Bancroft Ambulance Service: Bancroft Community Fire Department: Bancroft Police Department: Bancroft Public Library: Emergency Medical Treatment Fire Protection Service Law Enforcement Library Services

Utilities Water Rated Capacity (mgd): 259200 Average Capacity (mgd): 132000 Peak Demand (mgd): 254000 Storage Capacity (gallons): 250,000 Sewer Rated Capacity (mgd): 167000 Average Daily Demand (mgd): 123000 Peak Demand (mgd): 457000 Electric Bancroft Municipal Utility Peak Demand (kw): 3,104 Generation Capacity (MW): 4 Customers Served (state): 450 Customers Served (system): 590 Natural Gas Alliant Energy Pipeline Source: Northern Border Customers Served (state): 233,972 Customers Served (system): 404,976 Telecommunications Hickory Tech Service Type: Telephone, High Speed Internet DSL: Fiber Optics: Switch Services: yes Customers Served (state): 9,500 Customers Served (system): 45,000 Transportation Interstates and Highways Hwy 169 goes through Bancroft, and Interstate 35 is an hour drive to the east and Interstate 90 is 45 minutes to the north. Motor Freight Motor Carriers: 5 Local Terminals: 2 Railroads Kossuth County is served by 2 Railroad Companies: DM&E and Union Pacific. Distance to major metro cities varies depending upon which rail company is used. Piggyback Ramp/Service: Union Pacific does not have Piggyback service or intermodal service in Kossuth County, however the nearest service is Omaha/Council Bluffs at 205 miles away. The DM&E railroad does not have piggyback or intermodal service available through their company. The nearest piggyback service is in Minneapolis or Chicago, but cannot be accessed using DM&E rail. To use piggyback or intermodal service, a truck would need to drive to Omaha/Council Bluffs and unload freight there. Piggyback Ramp Available: No Distance to Nearest Piggyback: 180 Intermodal Services Available: No Airport A general aviation airport is located in Algona and is within 15 miles. There are commercial airports located in Mason City and Fort Dodge, all within 1 hour's driving time. The Des Moines International Airport is approximately 2.5 hour's driving time. Waterway There are no waterways in Bancroft. Public Transportation Network Regional Transit System with a fleet of 21 buses

Taxation Structure Actual Valuation (2011): $18,573,921.00 Bond Indebtedness (2012) General Obligation: $560,000.00 Revenue: $794,000.00 County: $0.00 School: $0.00 Education Elementary and Secondary Education Overview Bancoft has excellent K-12 schools nearby and higher education schools located within a 20 minute drive. Higher Education Overview Bancoft offers excellent schools with higher education nearby. General Comments: Bancroft City tax levy is $16.40922 per 1000. For up-to-date information on Taxation and Bond Indebtedness, contact Bancroft City Hall at: 515-885-2382. Quality of Life Commercial Services Number of Hotels and Motels: 1 Number of Rooms Available: 12 Number of Conference Centers: 1 Capacity of Largest Conference Center: 300 Health Facilities and Personnel Number of Hospitals: 0 Total Number of Beds: 0 Number of Outpatient Clinics: 1 Number of Medical Doctors: 1 Number of Dentists: 1 Number of Registered Nurses: 1 Number of Practical Nurses: 2