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53

Conclusion

The Economic Blueprint identifies four

industries that are key to Morgan Hill’s

future growth and further fiscal

sustainability. By focusing on these areas of

opportunity, the Economic Blueprint is

intended to generate jobs, investment, and

economic vitality, while providing goods

and services to the community and new tax

revenues for the City.

The Economic Blueprint focuses on

actionable items that the City can influence

such as land use and policy decisions that

remove unnecessary barriers, provide clear

intentions, and align partners and

Champions (outlined in Strategies and

Actions).

In an effort to track progress of the

Blueprint efforts, a set of Economic

Indicators have been identified that will

allow the community to evaluate if

economic prosperity is improving. The

measures of success are a set of economic

indicators that are commonly used by

industries that track the health of the

economy, including unemployment, jobs,

vacancy rates, tax revenue, and other

economic indicators.

In order to be successful in achieving the

goals of the Economic Blueprint,

collaborative and strategic efforts will be

required to maintain the community’s

sustainability. There is a significant

opportunity for partner organizations to

embrace the document and align their

resources in a manner that furthers our

collective efforts. Moving forward, the

implementation strategy will aim to:

Strengthen existing partnerships

wherever possible and look to identify

new strategic partnerships

Develop local policies and procedures

necessary to support change

Align policy decisions with the Economic

Blueprint wherever possible

Provide updates to City Council on

activities supporting the Economic

Blueprint

Recognize the Economic Blueprint is a

community effort

Share in the prosperity and success