Economic Strategic Plan Update
For the last five months, City Economic Health staff has been working with stakeholders, major employers, entrepreneurs and community organizations on a new Economic Strategic Plan. The assessment is complete, and the plan is taking shape. The findings are interesting and will help guide our work for the next five years.
Over the next several months the consultants working on the document will present their draft plan to City Council and to the public. Later this fall, we’ll gathering feedback and fully vet the plan to assure that we include different voices from our community.
Some of the interesting findings include:
The net daily commuter flow from Fort Collins to other cities
- About 2,200 people travel to other cities to work
- About 2,400 people travel to Fort Collins to work
College town dynamics
- Median household income is lower, $50,652 compared to Larimer County’s $55,676
Educational attainment vs. educational requirements for employment
- 49% of residents have college degrees or higher, yet 62% of job listings only require high school diploma/GED or on the job training.
At the center of the SWOT analysis (Strengths, Weaknesses, Opportunities and Threats) is Colorado State University. Imagine Fort Collins without it. How will we help keep CSU the economic binding agent that it is, into the next decade? This is the kind of question the consultants are asking our focus groups, stakeholders, employers, university staff, citizens and entrepreneurs.
Watch for more strategic plan updates soon. Read the full the report from the consultants.