3rd Quarter 2017 Economic Reporter Newsletter
Post Date: 07/17/2017 10:15 AM
Just 10 [ten] working-days after the close of the fiscal year and the end of the second quarter in the calendar year, the newsletter from Mesa Office of Economic has been put online in an email notice retrieved from the inbox today just 37 minutes ago at the time of the drafting for this post.
Here's the link > http://www.mesaaz.gov/business/economic-development/news-room/economic-reporter-newsletter/third-quarter-2017
Starting off with hindsight in the rearview mirror, the "Quick Jab' headline from head honcho Bill Jabjiniak reads like this:
Recent economic development successes inspire future planning efforts
"As of June 30, 2017, another fiscal year has come to an end. Looking back on the previous 12 months, Mesa’s Office of Economic Development (OED) is celebrating positive results from staff efforts assisting companies, expanding businesses, and creating high quality jobs. . . "
Perhaps there's a flaw in the data or claims made - or shall we call it "news" that reported in the newsletter - judging by this disclaimer in the second paragraph: "While we measure 15 key activity areas year over year, there are four primary categories that are considered industry standards to track success:
- number of jobs created and retained by the companies OED assists
- the average annual wage of those jobs created or retained
- total capital investment
- the total square footage of commercial space.
Here's the Kicker: The results recorded for these measures are based on the project or company announcements.
Then perhaps Mr. Jabjiniak might be up for a 5-year performance review so in the next paragraph he goes back four years, making sure to state unequivocally and clearly that "These results are tracked on a fiscal year basis (July 1 through June 30) and represent announcements from companies during the past four years . . . "
Looking ahead here's a metric for this FY2018 to achieve, and hopefully surpass, the following goals during the next 12 months: with this added note
Thank you for your support. Please contact me with questions or comments. I look forward to hearing from you at William.jabjiniak@mesaaz.gov.
For additional information, visit our website at www.mesaaz.gov/economic.
| City of Mesa OED Performance Measures: FY 2017-FY 2018 | |
| TARGET | |
| Number of Jobs Created/Retained | 1,700 |
| Annual Wage of Jobs Created - Announced | $44,096* |
| Total Capital Investment | $325,000,000 |
| Total Square Footage Constructed/Absorbed | 500,000 |
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