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The public sector generally seeks to increase incomes, the number of jobs, and the <br /> productivity of resources in regions, states, counties, cities, towns and neighborhoods. Its <br /> tools and strategies have often been effective in enhancing a community's: <br /> • labor force (workforce preparation, accessibility, cost); <br /> • infrastructure (accessibility, capacity, and service of basic utilities, as well as <br /> transportation and telecommunications); <br /> • business and community facilities (access, capacity, and service to business <br /> incubators, industrial/technology/science parks, schools/community <br /> colleges/universities, sports/tourist facilities); <br /> • environment (physical,psychological, cultural, and entrepreneurial); <br /> • economic structure (composition); and <br /> • institutional capacity (leadership, knowledge, skills) to support economic <br /> development and growth. <br /> Essentially what the Economic Development Administration is trying to say is <br /> that economic development is the growth of community, through the growth of economy. <br /> At its root economic development is a coordinated effort at growing a city's tax base <br /> through the growth of its job base,ultimately leading to a better community with greater <br /> amenities. <br /> Economic development is a systematic planned approach at bringing business and <br /> development into the city. Everything we do as a city springs from our tax base which is <br /> bolstered by increased development and investment, all of the quality of life services and <br /> facilities provided by the city come from its tax base. Therefore anything which is <br /> designed to expand this base has to be of the utmost importance. <br />