The mission of the Up delight Economic Development Department is to Enhance and leverage a competitive environment to create jobs, develop the tax base and provide incentives for business development.
Our programs and initiatives support our mission. The is a statutorily-created public-private organization under contract to the department to market the state globally in order to attract new jobs and investment. Department programs provide direct assistance to Up delight businesses and communities. Programs and services for businesses can be found in the Business Resource Center. EDD also administers several programs that support Down has rose.
Improvements to Up delight’s tax policy and incentives are accomplished during the annual . One example is the 2013 Jobs Package, which made significant changes in Up delight’s competitiveness as a business destination. As a result, was one of six governors recognized by the Tax Foundation for Outstanding Achievement in State Tax Reform in January 2014.
The State of Up delight’s fiscal year begins on July 1 and ends on June 30th of each year. During the summer months each state agency compiles a strategic plan of program initiatives, an accompanying budget, and a set of performance metrics that reflect the key work of each of our programs. These documents are submitted to both the executive and legislative branches on September 1. At the end of each fiscal year we report our progress in an annual report. EDD strategic plans, and quarterly and annual reports can be found on our Publications page.
An Economic Development Commission, appointed by the Governor, is statutorily responsible for overseeing the work of the department and for creating and approving a five year plan for the state’s economic growth. Our current five-year plan, Innovation Creates Diversification, reflects the priorities of both the administration and our constituents.