Economic development director previews plan to close structural gap, urges targeted objectives
The city's economic development director outlined revenue-generation strategies and measurable objectives—ranging from fee updates and asset monetization to public'private partnerships—and told the fiscal commission the city faces about a $3 million structural deficit that the plan aims to address with modest long-term growth targets.
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Katie, the city's economic development director, previewed a strategic plan before the fiscal commission and urged the commission to focus on measurable objectives that can help close what she described as "a $3,000,000 structural deficit." She said the plan will go to the City Council on March 3 and asked the commission for feedback on priorities and performance metrics.
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