Laserfiche WebLink
2 <br /> 3 - - <br /> 4 <br /> 5 <br /> 6 _ „ <br /> Tait=�-� <br /> 8 <br /> 9 - - <br /> 10 <br /> 11 a <br /> 12 - <br /> 13 - - -' _ <br /> 14 It T al, - ' - -'C- <br /> o <br /> 15 _ 1- <br /> 16 _ @ _G. a Ai <br /> 17 _ _ <br /> 18 - - <br /> 19 <br /> _ 20 PRINCIPLES <br /> 21 A healthy, ongoing public/private partnership between the City of Pequot Lakes and the businesses located inside <br /> 22 the city limits must be based on an understanding that each has a part in the process of creating export and <br /> 23 import-replacement businesses. What the city government of Pequot Lakes can do to is to create a framework for <br /> 24 growth that provides the widest variety of local entrepreneurs the greatest chance for success. <br /> 25 To do this,the City must focus on the following three principles: <br /> 26 1. Improve businesses competitiveness by reducing the tax burden. <br /> 27 2. Encourage business development by streamlining the regulatory process. <br /> 28 3. Improve business opportunity by growing the market of customers wanting good and services from the <br /> 29 businesses of Pequot Lakes. <br /> 30 Reduce the Tax Burden <br /> 31 The city tax rate is a function of the size of the tax base and the amount of government spending. Over the long <br /> 32 term, the City controls the amount of spending, but can only influence the size of the tax base.While sometimes <br /> 33 the City needs to make strategic investments to grow the tax base, those investments need to have a clear return <br /> 34 if the public spending is designed to reduce the overall tax rate. <br /> 35 Since the City has an implied obligation to maintain existing infrastructure systems, the way for the City of Pequot <br /> 36 Lakes to control the tax burden over the long-term is to make better use of those infrastructure investments.This <br /> 37 means encouraging new investment in areas where infrastructure already exists. <br /> 38 Streamline the Regulatory Process <br /> 181 Page <br />