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NATIONAL CENTER FOR
PUBLIC PRODUCTIVITY |
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Rutgers, The
State University of New Jersey, Campus at Newark
Citizen-Driven Government Performance
The National Center
for Public Productivity |
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RECOMMENDED SERVICE EFFORTS AND
ACCOMPLISHMENTS (SEA) REPORTING INDICATORS FOR ECONOMIC
DEVELOPMENT
Economic development can have
multiple aims. Most commonly discussed areas within economic
development activity are: 1) business attraction and marketing; 2)
financial assistance programs; and 3) export programs. Below follow
GASB recommended Service Efforts and Accomplishments indicators for
Business Attraction/Marketing Programs (Hatry et al. 1990:
80-82).
INPUTS
- Dollars spent on the
program's activities (current and constant dollars)
- Number of staff-hours
expended by the program
OUTPUTS
- Number and percentage of
business prospects identified that may be interested in
locating
- Number of businesses from
target industries that are interested in locating
- Number of contracts made
with firms interested in locating
- Number of firms that
received assistance from the program (by type of
assistance)
- Percentage of leverage
(non-governmental) funds used to finance the project
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OUTCOMES
Intermediate
Outcomes
- Number of visits by
interested businesses that received assistance
- Number and percentage of
responses to advertising or direct mail solicitations
Longer-term
Outcomes
- Number and percentage of
firms that received ascetic and located elsewhere
- Number and percentage of
firms receiving assistance that located in jurisdiction and that
felt that assistance contributed to their location decision
- Number of actual jobs
created by assistance 12 months/24 months after their initial
contact with the program (and comparison with projected number of
jobs created)
- Average wage of jobs
created by locating firms that receive assistance
- Dollars of capital
investment made by locating firms receiving assistance 12 months/
24 months after the announcement of their location decision
- Amount of added tax revenue
relating to assisted firms that located in the jurisdiction
- Percentage of clients
rating the timeliness of each service they received as excellent,
good, fair, or poor
- Percentage of clients
rating the helpfulness of each service they received as excellent,
good, fair, or poor
- Percentage of clients
locating elsewhere for reasons over which agency had some
influence
- Estimated number of workers
displaced by assisted firms that located
EFFICIENCY
- Program expenditures per
actual jib created at 12 months/24 months after receiving
assistance
- Program expenditures per
estimated tax dollar generated by client firms
EXPLANATORY INFORMATION
Federal indicators of
economy, such as
- GDP
- Interest rates
- New housing starts
- Consumer price index,
etc.
Local economic
conditions
- Prevalence of certain types
of industry
- Availability of labor
force
- Special attractions in the
jurisdiction, etc.
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Last Edited:
02/04/2004 |
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