Title
Planning and Building Department, Economic Development Division, recommending the Board review and provide direction on the Economic Development Work Plan and Project Prioritization Matrix for Fiscal Year 2019-2020, as follows:
1) Review the Matrix and the recommended project prioritization;
2) Direct staff to modify the Matrix, if necessary, to better reflect the Board’s current priorities; and
3) Endorse a final Matrix that prioritizes projects managed by the Economic Development Division for Fiscal Year 2019-2020. (Est. Time: 30 Min.)
FUNDING: Transient Occupancy Tax (General Fund).
Body
DISCUSSION / BACKGROUND
The attached staff report (Attachment A) includes a brief history of the development of the Economic Development Division, proposed project priorities for FY 2019-20, Economic Development ongoing activities, staff resources and agreements. Attachment B is the proposed Project Prioritization Matrix for FY 2019-20 and Economic Development ongoing activities.
Strategic Plan Goals
On June 11, 2019 (Legistar Item No. 19-0885), the Board updated the Countywide Strategic Plan, which refined the goals and priorities for Economic Development:
1. Retain, develop and attract businesses that provide economic sustainability and quality job creation.
2. Increase employment opportunities by improving workforce development skills.
3. Invest in infrastructure needs to improve and maintain competitiveness.
4. Nurture the County and Community's business friendly environment.
5. Provide attainable housing options - balance jobs with housing.
Proposed Priorities for Fiscal Year (FY) 2019-20
A number of projects have been initiated to address the Economic Development Strategic Plan goals for FY 2019-20, as shown in Attachments A (Staff Report) and B (Economic Development Project Priority Matrix).
Economic Development Ongoing Activities
In addition to these pro...
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