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Receive a report on the Solano County 2025 Index of Economic and Community Progress
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Published Notice Required? Yes ____ No _X _
Public Hearing Required? Yes ____ No _X _
DEPARTMENTAL RECOMMENDATION:
It is recommended that the Board of Supervisors receive a report on the Solano County 2025 Index of Economic and Community Progress.
SUMMARY:
The Solano County 2025 Index of Economic and Community Progress was prepared by Dr. Robert Eyler, President of Economic Forensics and Analytics in Petaluma, in collaboration with the Solano County Administrator's Office and the Solano Economic Development Corporation. Commissioned by the Solano County Board of Supervisors, the Index provides a comprehensive overview of the economic and community trends shaping the county's future. Now in its 18th edition, the Index tracks a broad range of indicators related to the labor market, business activity, income and wages, population trends, education, housing, and workforce readiness. The report is designed to help local leaders, businesses, and residents better understand the county's economic conditions and long-term opportunities and challenges. The full report is available on the Solano County website in the Economic Reports section.
FINANCIAL IMPACT:
The cost to develop the report is $25,000 and is included in the County's Promotion FY2025/26 Working Budget. The cost of preparing the agenda item is nominal and is included in the County Administrator's FY2025/26 Working Budget.
DISCUSSION:
The Solano County Index of Economic and Community Progress was launched in 2007 following a series of economic summits sponsored by the Board of Supervisors. The purpose of the Index is to provide reliable, data-driven information to help guide decisions that support the long-term economic health of Solano County. The first editions of the report were prepared by Collaborative Economics for the County of Solano and the Solano Economic Development Corporation....
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