Major Initiatives

Economic Development Strategy
In 2004, San Francisco voters approved Proposition I, which authorized the creation of an economic development plan for the City. This report, Sustaining our Prosperity: the San Francisco Economic Strategy, is the result of that planning process. Proposition I directed the strategy to focus on identifying and developing industries that have the potential to create good jobs that align with the skills and education of San Francisco’s residents. The strategy also focuses on preserving and enhancing small businesses, creating job opportunities for disabled and vulnerable populations, and developing the City’s tax base.

Next Steps

• Final report released in November 2007
• Board of Supervisors and Planning Commission to schedule public hearings on the Plan
• Board of Supervisors expected to adopt the City's Plan in Spring 2009; city-wide implementation of recommendations already underway
• Office of Economic Analysis to evaluate all future economic development legislation against the goals and strategies of the Plan
• Office of Economic and Workforce Development to develop and issue updates to the Plan every three years
  

For questions regarding the Economic Strategy, please email sfecstrategy@sfgov.org.