Master's Culminating Experience
This report is an overview of an economic development internship with the City of West Carrollton, Ohio, a suburb of Dayton, Ohio. The first section explores the City’s administrative roles and structure. The second section contains a Strength, Weakness, Opportunity, and Threat (S.W.O.T.) analysis, which evaluates the City’s current economic factors. Next, the Location Quotient (L.Q.) method quantifies the area’s industry makeup. Summarized is the SWOT analysis and Location Quotient in a listing of industry recommendations based on economic growth trends. The third section is a discussion of Tax Increment Financing (TIF) as an economic development instrument. A cost versus benefit study numerically illustrates a realistic implementation of TIF. Subsequently, a review of a cited report demonstrates why the National Education Association objects to TIF. The fourth section, the conclusion, is a three-part process to assist the novice economic development administrator with problem solving.
Hansen, C. J.
(2008). Economic Development: The City of West Carrollton's Pathway to Growth. .