City Manager Kevin Woodhouse is the staff member in charge of the Economic Development Committee, which operates on $7,000 of city funds. The Chamber of Commerce maintains the committee’s website.
Woodhouse answered questions by email about the work of the EDC and the economic problems facing Pacifica.
What economic issues does Pacifica face? sues Revenue increases from tax sources such as sales tax, transient occupancy tax and property tax are critical to the city’s near and long term financial sustainability. These tax revenue sources account for nearly 50 percent of the city’s annual revenue. Economic development efforts, including the EDC work plan focus … are very important to sustain, and ideally improve, tax revenues from these sources.
How will the promotions listed in the work plan help? The EDC’s work plan is built around several core economic development strategies. First, attract visitors to Pacifica so that local businesses — hotels, restaurants, other services — are able to do thriving business. Secondly, assist and support local businesses with information, trainings and other technical assistance, especially during these challenging conditions created by the pandemic, and attract new businesses. And third, encourage residents to spend their money local to support businesses. The EDC’s detailed work plan and program ideas are targeted to these strategies.
What else would you like Pacifica to do to help businesses? The EDC’s work plan is robust and comprehensive and, working in conjunction with the city’s Economic Development Program, will benefit Pacifica businesses, which will in turn help the city’s economic challenges.