Friday, August 22, 2003
Texas EDPros operate with a powerful local option sales tax. Revenues from the tax can go to fund economic development projects.
Up until now, these incentives could include cash grants to lure retailers. But those days are now over. Read more.
The same is happening in California. The State Assembly has now passed legislation to bar cities from offering incentives to lure retailers from neighboring cities. Read more.
Today in our history of innovation...
In 1962, The Savannah , the world's first nuclear-powered ship, completed her maiden voyage from Yorktown, Va., to Savannah, Ga.
posted by Ed Morrison |
links
Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
If you are using a news reader, here is the link to syndicate this site:
Here's the link if you are a bloglines subscriber:
Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
States are pulling the plug on retail cash incentives
