AGENDA DATE: 9/5/2018
TITLE:
Title
Update on the Finalization of the Economic Development Strategic Plan
SUBJECT/PROPOSAL/REQUEST: Staff is seeking the Board's endorsement of the updated Goals and Objectives within the draft Economic Development Strategic Plan.
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Richardson, Walker, Johnson, Newberry
PRESENTER (S): Doug Walker, Roger Johnson
LEGAL REVIEW: Not Required
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: On July 11, 2018, the Board of Supervisors endorsed a finalization process and schedule for the Economic Development Strategic Plan. The first steps in the finalization process included engaging several internal work groups comprised of key partners to the Economic Development Office such as the County Executive's Office, Community Development, Finance, and County Attorney's Office, as well as external stakeholders such as the City of Charlottesville, University of Virginia, Piedmont Virginia Community College, ACSA and others.
Economic Development staff have now completed the initial engagement of stakeholders according the adopted finalization process and schedule. Staff recommends the Board endorse the proposed Goals and Objectives, and direct staff to continue the finalization process by developing specific Strategies to pursue the endorsed goals.
STRATEGIC PLAN: Economic Prosperity: Foster an environment that stimulates diversified job creation, capital investments, and tax revenues that support community goals.
DISCUSSION: Economic Development staff used the Mission and Guiding Principles adopted in 2017 to begin the review process with internal stakeholders. Staff incorporated valuable feedback to improve the existing plan's clarity, which resulted in several additions, including an expansion of the background section, a flowchart showing how this strategic plan relates to other County plans, an organizational key, and a glossary of terms. A common understanding of how to read ...
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