Economic Prosperity: Private Economic Development and Public Financial Planning.

The City’s Economic and Financial System.

Sustainable urbanism requires that there be money in the economic sphere to productively collaborate with the physical and social spheres. The economic sphere has two components: privately lead economic development and publicly lead long-range comprehensive finance planning for local government. The purpose of the Economic Development Plan is to create jobs that pay a living wage to all who want or need to work. The long-range comprehensive finance plan for local government anticipates its sources and uses of funds specifically to generate taxes and fees needed to provide public goods and services. The subject of this paper is the Privately Lead Economic Development Plan.

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