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Creating an economic development policy.
Government Finance Review
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June 01, 2008 |
Kavanagh, Shayne C.; Riordan, Timothy H. |
COPYRIGHT 2008 Government Finance Officers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
[ILLUSTRATION OMITTED]
One of the most important tasks for the finance officer in economic development is to help create economic development policies. Much like the other types of financial policies a finance officer helps craft, economic development policies allow for a shared understanding of the parameters for decision making. For instance, policies help define the government's economic development goals and objectives, and the criteria for projects it will consider favorably These specifications then make it easier to evaluate actual proposals from land developers, corporations, or other private firms (which this article will collectively refer to as ...
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Source: HighBeam Research, Creating an economic development policy.