Cochise County officials are sounding the alarm on the urgent need for a comprehensive economic development plan, as discussions during the recent Health Department quarterly update revealed deep concerns about the county's financial future. Leaders emphasized that while budget cuts are necessary, they must be balanced with strategies to foster job creation and economic growth.
One official pointed out that neighboring areas, like Thatcher, are thriving due to proactive economic strategies, while Cochise County lacks a clear plan to attract businesses and create jobs. "It's great to cut, cut, cut, but we also need to think about how we can provide jobs," they stated, highlighting the risk of diminishing services for an aging population if economic conditions do not improve.
The conversation also touched on the importance of creating "opportunity zones" to incentivize businesses to set up shop in the county. Officials discussed the potential for tax breaks to attract companies, but expressed frustration that current high sales tax rates are deterring new businesses from entering the market. One official noted that in Wilcox, for example, the high sales tax is a significant barrier to attracting new retail options.
Moreover, the meeting underscored the need for a diversified economic base, as many municipalities rely heavily on retail sales tax for revenue. With limited options for growth, officials warned that without a strategic approach to economic development, the county risks falling further behind.
As Cochise County grapples with these challenges, the call for a robust economic development plan has never been more critical. The officials are urging a shift in focus from merely cutting taxes to creating an environment that fosters growth and attracts new residents and businesses. The next steps will be crucial in determining the county's ability to sustain services and support its aging population while paving the way for future economic opportunities.