Title
Chief Administrative Office recommending the Board:
1) Approve and authorize the Chair to sign a letter of endorsement supporting Assembly Bill (AB) 2596, an act relating to economic development and requiring the Governor’s Office of Business and Economic Development to lead the preparation of a California Economic Development Strategic Plan; and
2) Adopt and authorize the Chair to sign Resolution 057-2018 further exemplifying the County’s support of the California Legislature and Governor’s adoption of California AB 2596.
FUNDING: N/A
Body
DEPARTMENT RECOMMENDATION
Chief Administrative Office recommending the Board:
1) Approve and authorize the Chair to sign a letter of endorsement supporting Assembly Bill (AB) 2596, an act relating to economic development and requiring the Governor’s Office of Business and Economic Development to lead the preparation of a California Economic Development Strategic Plan; and
2) Adopt and authorize the Chair to sign Resolution 057-2018 further exemplifying the County’s support of the California Legislature and Governor’s adoption of California AB 2596.
DISCUSSION / BACKGROUND
California is a global leader across industries and policies, but there are serious economic challenges facing the State. California is regularly ranked as the least business friendly state, has the 7th highest income inequality among states, and almost 20% of Californians live in poverty. Implementing a statewide strategic economic development plan will create an environment where all communities in California can engage in a cohesive conversation with the State about creating an inclusive, equitable economy with growth opportunities across regions.
Supporting AB 2596 will increase California’s competitiveness and help regions across the State. AB 2596 calls for a critical third-party peer review of the State’s competitiveness and brings together a diverse advisory group of local, regional, and industry experts to work with the Governor’s Offic...
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