Page 168 - Southlake FY20 Budget

City Department Overview

ECOnOMIC DEVELOPMEnT & TOURISM

Economic Development

Division Goals

SERVE OUR CUSTOMERS

Improve and Provide Market Southlake Ensure that adequate Develop and Ensure Seek to better
strengthen existing structure aggressively to networking opportunities oversee a robust adequate understand
commercial centers and focus target for local business owners, business marketing business needs,
to business audiences including entrepreneurial visitation of new and preferences and
existing
retention and companies and retail program businesses concerns
expansion businesses, exist
efforts

MAnAGE THE BUSInESS

Partner with other Create a strong Provide relevant and Enhance the Use data to quantify the
agencies when appropriate entrepreneurial useful data to brokers entrepreneurial strength of the City’s
to complete economic climate and developers and networking business climate and
development research in climates through economy as a means for
order to optimize resources strategic partnership measuring the success
development
of the Department’s
programs

PROVIDE FInAnCIAL STEWARDSHIP

Ensure sustainable, Support investment in our Monitor and validate Review programs Develop
high quality service community that meets compliance of project annually to determine and nurture
ROI according to
delivery the goals outlined in the incentive agreement alignment with partnerships to
Southlake 2035 Economic requirements “customer pull” related improve services
Development Master Plan to business community, and reduce costs
resident and broker
issues

PROMOTE LEARnInG & GROWTH

Improve employee
engagement

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