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Comprehensive Plan Economic Development Element Goal, Objectives, and Policies GOAL It is the goal of Indian River County to have balanced and orderly economic growth. OBJECTIVE 1: Low Unemployment Rate Through the plan time horizon, the county's average annual unemployment rate will be no more than one percentage point higher than the State of Florida's average annual unemployment rate as reported by the Florida Agency for Workforce Innovation, Labor Market Statistics Center, Local Area Unemployment Statistics Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics (2007 average annual unemployment rate: Florida = 4.0% and Indian River County = 5.8%). Policy 1.1: The Economic Development Division of the Indian River County Chamber of Commerce and other economic development groups designated by the Board of County Commissioners shall promote the growth of those industries on the county's target industries list (Policy 2.5). The Economic Development Division shall determine the methods to be used to promote the growth of those industries and identify these methods in its annual marketing plan. The results will be presented to the Economic Development Council on a quarterly basis. Policy 1.2: On an annual basis, the Economic Development Division of the Indian River County Chamber of Commerce and other economic development groups designated by the Board of County Commissioners shall survey local businesses that are included in the county's targeted industries list and have more than ten employees. The purpose of the survey is to identify opportunities and problems associated with local businesses, the type of job training and assistance needed by businesses, businesses willing to expand, businesses considering relocation, and linked businesses. The Economic Development Division and other economic development groups shall report survey results to the Economic Development Council at the first meeting of each calendar year. Policy 1.3: The Economic Development Division of the Indian River County Chamber of Commerce shall continue to contact businesses, as identified in its marketing plan, to encourage those businesses to consider Indian River County as a possible location. The county's list of targeted industries shall be the Economic Development Division's guide for the type of businesses to contact. On a quarterly basis, the Economic Development Director of the Chamber of Commerce shall report to the Economic Development Council the number of businesses that were contacted, the type of businesses that were contacted, the number of persons employed by each of the businesses, and the result or actions taken from those contacts. Policy 1.4: The county, the Indian River County Chamber of Commerce, other economic Community Development Department Indian River County 43