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This memorandum provides a status report on the implementation of the 'Growing our Economy' City Council Focus Area for Fiscal Year 2025-2026, Third Quarter. It outlines the framework established by the City Council to address significant community challenges through five Focus Areas, including Growing our Economy. The report discusses the progress made in building infrastructure for long-term impact, the implementation of logic models, and the use of public dashboards for transparency. It also highlights the importance of adaptive learning and the need for ongoing evaluation of goals and metrics. The memorandum concludes with next steps for continued learning and improvement.
Key points
The memorandum is a status report on the 'Growing our Economy' Focus Area for FY 2025-2026.
The City Council approved a new model for addressing community challenges, organized into five Focus Areas.
The report emphasizes accountability and measurable outcomes for the Focus Areas.
Staff provides quarterly updates on the Focus Areas to the City Council and its committees.
The Administration is focused on building infrastructure and tools for long-term success.
Next steps include refining user experience for dashboards, implementing near-term goals, and cultivating a supportive work environment.
Limitations
The text contains unresolved placeholders and lacks specific details regarding certain metrics and outcomes.
The attachment mentioned at the end is not included in the provided text.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 8,524 chars
CED COMMITTEE AGENDA: ITEM: TO: COMMUNITY AND ECONOMIC DEVELOPMENT SUBJECT: City Council Focus Area Status Report: Growing our Economy Approved 6/15/26 (d)3 FROM: Rosalynn Hughey DATE: May 22, 2026 Date: 6/4/2026 RECOMMENDATION Accept the status report on the Growing our Economy City Council Focus Area implementation for Fiscal Year 2025-2026, Third Quarter. BACKGROUND On September 30, 2025, the City Council approved the Fiscal Year (FY) 2025-2026 Focus Area work plans developed under a new model. This framework is designed to strengthen and accelerate progress on San José’s most significant, cross-cutting challenges. 1 The model organizes City efforts into five Focus Areas: 1. Increasing Community Safety 2. Reducing Unsheltered Homelessness 3. Cleaning Up Our Neighborhoods 4. Building More Housing 5. Growing Our Economy The Focus Areas represent a major shift from data reporting to a shared learning model, structured through quarterly cycles of planning, executing, reflecting, and improving. Each Focus Area is supported by a logic model (a framework linking long-term goals to near-term actions and measurable results) and by a regular cadence of retrospective learning sessions...
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Generated summaryAI-assisted
The document provides a status update on the Growing our Economy Focus Area for FY 2025-2026, detailing progress in various problem areas including Business Development, Infrastructure Readiness, Downtown Investment, and Sports and Entertainment District Development. Key achievements include job creation, business engagement, and infrastructure projects, with several initiatives marked as complete or on track. The report indicates a mix of green and yellow status for various goals, highlighting areas of success and those requiring further attention.
Key points
Long-term goal is to cultivate an ecosystem for thriving businesses and resident prosperity.
3,978 jobs attracted, expanded, and retained year-to-date for FY 2025-2026.
Western Digital established a Foreign Trade Zone, contributing 216 expanded jobs.
The City is advancing a targeted business development strategy focusing on priority sectors.
Two out of three data center projects have received permanent power from PG&E.
Six new business attractions secured in Downtown, exceeding the goal.
The Story Road Business Improvement District was approved by City Council.
Eight cultural outdoor special events specific to 2026 activities have been produced.
Limitations
Some sections contain unresolved placeholders that affect the completeness of the summary.
The document is lengthy and was truncated, which may omit additional relevant information.
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Extracted text preview · 18,817 chars
Attachment: Growing our Economy Focus Area FY 2025-2026 Q3 Status Update Long-Term Goal: Cultivate an ecosystem for thriving businesses and resident prosperity. Problem Area 1: Business Development and Workforce Preparedness 1.1 Engage employers and connect them to resources that attract and retain 5,000 jobs by June 2026. • Year-to-date jobs attracted, expanded, and retained for FY 20252026 are 3,978 jobs. • Western Digital established a Foreign Trade Zone (FTZ), deepening its commitment to our local economy. Year-to-date jobs include 216 expanded jobs for Western Digital. • The team exhibited at and/or participated in SPIE Photonics West in the Quantum Expo, SPIE Advanced Lithography, NVIDIA’s GTC, NAIOP’s I.CON West (focused on industrial development), and ICSC Monterey (focused on retail). Q3 activity included 178 corporate engagements. 1.2 Identify priority growth sectors (such as manufacturing and AI). Customize business outreach activities engaging priority sectors and bringing visibility to the City's competitive assets. This item was marked as complete in Q2, below is what was previously shared: • The City is advancing a targeted business development strategy that...