(a) Within six months of the effective date of this Section, the Economic and Workforce Development Department shall prepare and present to the Board of Supervisors for its approval by resolution a long-term Economic Development Plan for the City and County of San Francisco. The plan shall cover a period of not less than three years, and updates shall be prepared no less often than every three years. The Controller's Office of Economic Analysis shall work with the Economic and Workforce Development Department on preparation of the Plan and periodic updates.
(b) The plan and periodic updates shall address, but not be limited to:
(1) Employment in the City, by public and private industries and job classification;
(2) The City's tax revenues, by industry type and firm size;
(3) The industries most likely to create significant numbers of jobs in the City in the period covered by the plan, together with an assessment of the skills and education typically required to obtain such jobs;
(4) Goals for private and non-profit sector job and revenue generation, describing the industries, wage levels, skills and education required for the jobs the City would like to attract, and the anticipated tax revenue these new jobs would create;
(5) Goals and strategies for protecting existing small businesses and neighborhood-serving businesses from displacement, while also growing new businesses;
(6) Goals and strategies for increasing employment opportunities for people with disabilities and vulnerable populations; and
(7) Any other topic the Economic and Workforce Development Department deems useful or appropriate.
(c) The plan and periodic updates also shall include:
(1) An analysis of the office and industrial markets in the City;
(2) A review of the physical, financial, market and organizational factors impacting the City's ability to attract, retain and increase private and non-profit sector jobs;
(3) Identification and analysis of other significant public and private sector economic plans and initiatives intended to promote economic development within the City and the region;
(4) An assessment of the City's competitive strengths and weaknesses with respect to other regional, state and national markets; and
(5) The identification of best practices that other jurisdictions have successfully implemented to create private and non-profit sector jobs within their respective communities.
(d) As part of the initial plan required by this Section, and concurrent with any periodic update of the plan, the Economic and Workforce Development Department shall conduct a survey of key industries and significant employment generators that identifies impediments to business and employment retention in and attraction to the City, such as changes in zoning or permitted uses, permitting, taxes and fees, regulatory schemes and other City policies, requirements and other matters that may inhibit economic development and job creation within the City. The Economic and Workforce Development Department shall publish the results of the study, to be entitled "Survey on Barriers to Employment Retention and Attraction," in conjunction with and at the same time as promulgation of the first Economic Development Plan required by this Section.
(Added by Proposition I, 11/2/2004)
