Last Updated on Thursday, 08 December 2011 09:37
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Economic Development is a set of polices, programs and procedures undertaken to foster business attraction, business retention, business expansion, job creation, and progressive employment opportunities for the enhancement of the community’s economic base.
The benefits of Economic Development include; increased employment, a broadened tax base, rising income levels, reduced unemployment and underemployment, upgraded labor force skill and productivity and a general improved standard of living for all community members.
The purpose of an Economic Development Strategy is to provide a framework for making sound decisions, allocate limited economic development resources among alternative projects; and improve the coordination among the many organizations responsible for implementing economic development activities in Atascadero.
Applied Development Economics (ADE) Report
Category: Office of Economic Development