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LEADERSHIP AGENDA

Operational Scan

OPERATIONAL SCAN

DEPARTMENT PERFORMANCE

DEPARTMENT PERFORMANCE

Economic Development

Michael Tramontina, Director

Mission Statement:
To continually improve the economic well being of all Iowans by working in focused partnerships with businesses, entrepreneurs, communities and educational entities.

Measures:
Cumulative number of jobs for all business projects receiving funds from IDED
Capital investment
New state taxes from businesses

MORE DEPARTMENT PERFORMANCE

  • Download PDF document Performance Plan - How we measure our progress

  • Download PDF document Strategic Plan - How we plan for progress

  • Download PDF document Performance Report - How we report our progress

  • Department Home Page - Learn more about this department

Highlighted Measure:

Cumulative number of jobs for all business projects receiving funds from Iowa Department of Economic Development.

 

Data Source: Iowa Department of Economic Development records

 

Updated 5/1/08

Multiple graphs on results of economic development efforts




Why this is important:
This measure charts progress toward our goal of directly assisting companies to create or retain 50,000 high-quality jobs in five years.

What we're doing about this:
In recent years, the State has assembled the tools to achieve the goal of creating 50,000 high-wage jobs in industries equipped to compete world-wide, and to improve the State's capacity to provide needed and desired public services.

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Highlighted Measure:

Capital investment anticipated from business projects funded by Iowa Department of Economic Development.

 

Data Source: Iowa Department of Economic Development records

Updated 5/1/08

Multiple graphs on results of economic development efforts


Why this is important:
This measure shows the investment that companies receiving direct State assistance are making in their physical plant, machinery and equipment. Besides providing a substantial number of construction jobs (which are not counted in the permanent jobs created or retained), and this investment provides the capacity for business in Iowa to compete worldwide.

What we're doing about this:
In recent years, the State has assembled the tools to achieve the goal of creating 50,000 high-wage jobs in industries equipped to compete world-wide, and to improve the State's capacity to provide needed and desired public services.

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Highlighted Measure:

Projected annual State taxes anticipated from business projects funded by Iowa Department of Economic Development.

 

Data Source: Iowa Department of Economic Development records

Updated 5/1/08

Multiple graphs on results of economic development efforts


Why this is important:
This measure shows the estimated increases in State taxes received from the businesses and their employees as a result of the assisted business projects. Besides providing good-paying jobs, the State will be better able to afford quality services such as education, safety, recreational opportunities, and other items that contribute to the quality of life.

What we're doing about this:
In recent years, the State has assembled the tools to achieve the goal of creating 50,000 high-wage jobs in industries equipped to compete world-wide, and to improve the State's capacity to provide needed and desired public services.

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