What Strategies is Kansas City Using to improve the places and to support people who drive our economy?
The Council Goal for Planning, Zoning, and Economic Development is: To develop a vital economy where there is opportunity for growth, particularly in historically underdeveloped areas; citizens have opportunities for creating wealth and prospering; and visitors consider Kansas City a desirable destination.
Below are the objectives from the current Citywide Business Plan that outline the specific strategies that the city is pursuing to improve services and economic outcomes for our neighborhoods and residents. These objectives provide insight into the departments that are involved and the actions that are being taken.
How Can We Measure Progress on improving the places and supporting the people who drive our economy?
Supporting Businesses: Entrepreneurship as an Economic Engine
Measuring business satisfaction
- Since 2011, the Economic Development Corporation (EDC) in partnership with the City of Kansas City has deployed a survey to local business leaders, in an effort to gather information about the business climate in Kansas City, Missouri.
Business Community Awareness of Assistance Programs
Business Community Satisfaction with Assistance Programs
Business Satisfaction with City Services
The chart below shows current satisfaction levels with existing City Services. This data is collected from the annual Business Survey. In all cases, the majority of users are either satisfied or neutral.
Importance of City Services to Businesses
The annual business survey also asks businesses to rate the importance of various city services. Business Licensing and Tax Collection is, by far, the most important city service. This suggests that limited resources should be prioritized to improve this business service, before other services are improved.
Creating Spaces: Focusing Economic Development Geographically
Physical space needs for the creative sector
Economic Mobility is defined as a person's movement on the economic ladder relative to the previous generation. In other words, as an adult, are you doing better (higher income, greater wealth, less debt) compared to your parents. The city is in the early stages of developing an economic mobility plan that would include research and benchmarking with other cities and stories from residents about their experiences. Key metrics will be determined based on this community engaged and research. The economic mobility plan hopes to combine efforts where current city plans and initiatives impact this topic. Where necessary, recommendations for potential policy changes will be made once the plan is complete. The goal of the plan will be to determine ways that the city and partners can help individuals generate wealth, decrease cost burden and identify opportunities. Below is a video developed by the Brookings Intitution that creatively demonstrates what economic mobility looks like in the real world.
All Council priorities, including those in the area of Economic Development, are discussed at KCStat Meetings, which are public meetings held at City Hall and moderated by the Mayor and City Manager. Anyone from the public may attend, or follow the discussion via Twitter (#kcstat). Videos of KCStat meetings and meeting documents are archived online and can be accessed at kcmo.gov/kcstat/. A list of past and future KCStat meetings for Economic Development is below.