Contact me for more information. Greg Williams 417-742-5315
Great question! Economic Development is the process by which a
community grows either its population or tax base to continue to provide essential and valuable services like police, parks, and pavement. There are two main types of economic development: Growth from external sources (new business) and growth from internal sources (development of existing businesses). The ideal blend of economic development focuses on increasing the success of our existing small businesses through 1.) either population growth, or 2.) increasing the visibility of their business to those outside of the community, to a point where our existing businesses are as successful as they can be, and creating need for additional investment from outside organizations that will enhance the quality of life for community residents. Economic development is not necessarily "bringing in a Wal-mart", it is creating a balance between the needs (demand) of the community and the ability of local businesses (supply) to meet those needs.
That brings us to part 2 of your question, "Why?"
Communities like Willard are great because they are small, close, and family oriented. Our own motto as a city is "Family, Education, and Service". However, as our community attracts more people that would like to join our family, our needs increase. Roads have more wear, water and sewer are utilized more, and the community outgrows its police, fire, and parks services. Sales tax funds much of municipal government operation, and without it, communities fail to thrive.
community grows either its population or tax base to continue to provide essential and valuable services like police, parks, and pavement. There are two main types of economic development: Growth from external sources (new business) and growth from internal sources (development of existing businesses). The ideal blend of economic development focuses on increasing the success of our existing small businesses through 1.) either population growth, or 2.) increasing the visibility of their business to those outside of the community, to a point where our existing businesses are as successful as they can be, and creating need for additional investment from outside organizations that will enhance the quality of life for community residents. Economic development is not necessarily "bringing in a Wal-mart", it is creating a balance between the needs (demand) of the community and the ability of local businesses (supply) to meet those needs.
That brings us to part 2 of your question, "Why?"
Communities like Willard are great because they are small, close, and family oriented. Our own motto as a city is "Family, Education, and Service". However, as our community attracts more people that would like to join our family, our needs increase. Roads have more wear, water and sewer are utilized more, and the community outgrows its police, fire, and parks services. Sales tax funds much of municipal government operation, and without it, communities fail to thrive.