Economic development : is Texas managing implementation of its strategic plan? / state of Texas, Office of the State Auditor, Performance Audit Division.
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Date
2014-09-16Author
Texas. Office of the State Auditor. Performance Audit Division.
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In January 1989, the Strategic Economic Policy Commission published A Strategic Economic
Plan for Texas which was to "serve as a road map to help guide the legislative decisionmaking
process for years to come." This plan calls for the accomplishment of the following
four objectives:
▪ to develop a competitive business climate through a balanced set of fiscal, legal, and
regulatory policies, including investments in infrastructure
• to provide a well skilled, flexible, and internationally competitive workforce
• to encourage innovation and entrepreneurism
▪ to market Texas aggressively
The Legislature charged the Texas Department of Commerce with the responsibility to
evaluate the State's enactment of the plan and to update the plan based on those results.
As the strategic plan points out, follow-up actions are also critical to the plan's success.