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Needham advisory group pushes for townwide economic development study ahead of budget cycle

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Council of Economic Advisors discussed sponsoring a townwide economic development study to produce a roadmap for growth, noted procedural limits under the open meeting law and the September town budget timeline, and recommended compiling existing data before formally requesting funding.

The Council of Economic Advisors on July 11 discussed commissioning a townwide economic development study and preparing a proposal for the town’s budget process starting in September. "Another thing that we've talked about is potentially having this group be the sponsor of an economic development study whether for these individual areas or for the town as a whole," Chair Heidi Frail said during the meeting.

The panel said an outside consultant would likely do the bulk of the work. Amy Hales, the town’s director of communications and community engagement, and members suggested beginning by collating existing studies and business inventories the town already holds. "We would work with…

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