The 2014 draft annual update of the CEDS is now available for public review and comment. It is may be viewed online or a hard copy is available at West Florida Regional Planning Council, 4081 E. Olive Rd., Suite A, in Pensacola. The public comment period is open until Wednesday, January 7, 2015. Please submit comments to Kate.Daniel@wfrpc.org or call (850) 332-7976 ext. 245.
The Comprehensive Economic Development Strategy (CEDS) is a working document used by both the private and public sectors, and is aimed at helping expand private-public partnerships. Because the region was designated an Economic Development District (EDD), WFRPC is required to conduct a major update of the CEDS every five years and provide minor annual updates on all other years. The 2014 update is a minor annual update, conducted by the CEDS Committee, which reviews the CEDS, provides status updates for strategic projects, programs, and activities, and revision to the Goals and Objectives as needed.
The CEDS Committee is comprised of diverse public and private sector representatives. The CEDS brings these representatives together to develop an economic roadmap to diversify and strengthen regional economies. A CEDS analyzes the regional economy and serves as a guide for establishing regional goals and objectives, developing and implementing a regional plan of action, and identifying investment priorities and funding sources.
The current CEDS (2013-18) uses the Florida Chamber Foundation’s Six Pillars of Florida’s Future EconomyTM framework. All eleven regional planning councils in Florida developed their CEDS using this framework, resulting in a united effort to advance the state as a global competitor for jobs and new industry.