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Utah’s
1000-Day Economic Plan
September 26, 2003
Day
600 Update
I. This plan is framed by five principles:
a. Long-term orientation
– We desire to achieve a 1,000 days of progress that
will benefit Utah over a 10,000 day horizon.
b. Collaborative –
We desire to benefit from many correlated 1,000-day plans.
c. Fiscally disciplined
– We financially manage all aspects of the plan prudently.
d. Adaptive – We
will update the plan every 200 days.
e. Measured – We
will track our progress using key measures and milestones.
II. Our economy is prosperous when quality jobs
are available statewide, and government performs its limited
role effectively. At the most general level, we define economic
success via four measures:
a. Job growth exceeds the growth in the
workforce.
b. Utah wages increase faster than inflation.
c. The benefits of economic prosperity are
felt statewide.
d. Growth in the economy exceeds growth
in government spending.
We will track these measures, as well as
additional indicators of our progress.
III. Our plan is to actively pursue three major
strategies:
a. Invest in people.
b. Develop Utah as a center for technology
investment, employment and entrepreneurship.
c. Enhance life quality.
IV. Strategy #1 – Invest in people.
Education leads prosperity. Utah learned this during
the 1990s when by doubling the investment in education
and increasing the number of adults with college degrees
the state sustained its longest sustained economic expansion.
In the information age, education is economic fuel. We
must transform Utah’s education system to be tech-smart,
competency-measured and market fast. Enhancements and
investment in education form the keystone to the state’s
economic development policy.
Action Steps:
a. Funding – Make
the quality of Utah’s public and higher education
system the highest funding priority of state government.
b. Competency – Transform Utah’s
education system to be competency-measured. By valuing
performance instead of seat-time, we will train Utah students
to succeed in the global economy.
i. Adopt the Utah State Office of Education’s
Performance Plus plan.
ii. Make funding recommendations that support an incremental
adoption of competency-measured learning so no child is
left behind.
c. Choice and competition -- Expand
choice and competition by increasing the number of and
funding for charter schools.
i. Create six high tech high schools.
ii. Design a template for charter schools that are custom
fit to targeted sponsors or industries.
iii. Secure funding parity for charter schools with other
public schools.
iv. Create and enlarge capital funds for charter schools.
d. Accountability – Make Utah
schools accountable by testing each student against definable
standards, reporting measurable results and preparing
value-added reports by school and district.
e. Technology-oriented – Double
the number of engineering, math and computer science students
by 2005.
i. Build two new engineering facilities
at the University of Utah and Utah State University.
ii. Fund increased capacity for new faculty, classrooms
and equipment.
iii. Retain and train new math, science and information
technology teachers.
V. Strategy #2 – Develop Utah as a center
for technology investment, employment and entrepreneurship.
Economic leadership begins with innovation. Utah
ideas – such as the television, artificial heart,
limb and kidney, computer graphics, word processing, and
networking – have changed the world. Too often much
of the economic wealth created by these ideas leaves Utah
to be developed elsewhere. By developing Utah as a top-tier
technology state the benefits of Utah’s innovations
will remain in the state and Utah will prosper in the
information age.
Action Steps:
a. Business climate –
Maintain a fair tax and regulatory environment where business
can operate profitably.
b. Utah brand – Develop and market
Utah’s global brand of competence, natural beauty
and friendly, great people via business and travel development.
i. Reinforce the Utah message.
1. Rapidly growing workforce.
2. Education oriented.
3. Tech savvy.
4. Affordable.
5. Recreation-minded and livable.
c. Trade missions – Conduct regular
foreign and domestic trade missions to build a network
of individual, regional and international alliances that
build upon Utah’s economic strengths.
i. Moscow – Host
Winter Games in February 2004.
ii. Mexico City – Expand educational
and health care opportunities for Mexican immigrants.
Increase Utah/Mexico trade by reducing trade barriers
and supporting economic opportunities.
iii. Athens and Torino – Help Utah
companies secure Olympic contracts in future Olympic cities.
iv. Asia – Increase trade by establishing
business connections and sharing the Utah brand.
v. Europe – Increase trade by establishing
business connections and sharing the Utah brand.
vi. Canada, other foreign and domestic cities
– Expand business opportunities for Utah companies
by promoting Utah’s economic ecosystems and sharing
the Utah brand.
d. Target industries – Create
economic ecosystems and make them a well-recognized icon
of Utah’s economic leadership.
i. Web Services.
ii. Digital Media.
iii. Biotechnology and Human Genetics.
iv. Medical Devices.
v. Sports.
vi. Outdoor Recreation.
1. Identify and promote top destinations.
2. Inventory current land protections.
3. Protect wilderness-quality lands.
vii. Nutraceuticals.
viii. Aerospace and General Aviation.
ix. Wealth Management.
x. Health Informatics (focus on rural Utah).
xi. Others being developed.
e. Rural focus – Develop rural
Smart Sites to create high quality jobs and diversify
the economy in rural Utah.
f. Venture capital – Increase
Utah’s visibility with venture capital markets.
VI. Strategy #3 – Enhance Utah’s life
quality and economic viability.
In the information age, talent is king. No longer
is a region’s success defined by proximity to a
seaport, rail station, gold mine or big city. Instead,
a region’s greatest economic asset is a livable
community with free-flowing traffic, clean air and water,
attractive natural landscapes, and fabulous places to
recreate. The most prosperous economies will be those
that retain or attract people with talent. And people
with talent can live anywhere they want. They will choose
places with life quality.
Action Steps:
a. Quality growth – Implement
quality growth strategies.
i. Conserve an average of 10,000 acres a year of critical
land.
ii. Promote a conservation ethic.
1. Governor’s Water Conservation Team
2. PowerFoward
iii. Align state funding with quality growth priorities.
1. Create Quality Growth Communities.
iv. Foster meaningful planning at the community level.
1. Designate 40 21st Century Communities
by 2004.
2. Develop a county land planning toolkit.
3. Help communities to develop infrastructure efficiently.
v. Restore and preserve the state Capitol.
vi. Actively advance policies to improve air and water
quality.
b. Nuclear waste – Keep high-level
nuclear waste from being stored in Utah.
c. Transportation – Improve and
expand roads, rail transportation and trails and streams.
i. Continue progress on Centennial Highway
Projects.
ii. Preserve transportation corridors and plan for future
growth.
iii. Resolve access issues to rural road rights-of-way.
iv. Support commuter rail.
v. Expand light rail.
vi. Create a superb system of recreational trails and
streams.
d. Energy – Utah will have reliable,
affordable, sustainable, clean energy.
i. Use Enlibra principles to guide policy
positions.
ii. Partner with neighboring states to develop solutions
to common problems.
iii. Support sustained investments in cost-effective demand-side
management and increased use of energy efficient technologies.
iv. Promote diversity of fuel mix and technologies.
v. Keep energy prices affordable.
e. Online government – Promote
government services online 24/7.
i. Implement a comprehensive suite of appropriate online
services.
ii. Remove legal and legislative barriers to electronic
commerce and online delivery of government services,
products and information.
iii. Increase adoption rates of online services.
iv. Collaborate with federal and local agencies to bring
services, products and information online.
v. Expand the availability of affordable high-speed
Internet access to every home, school, agency and business.
f. Safe communities -- Develop an integrated
homeland security plan among state agencies and all levels
of government.
g. Health care – Expand health
care coverage to working families who cannot afford insurance.
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