|
Measure Last Modified
08-28-2024 11:47 a.m.
|
Measure Last Published
08-25-2022 10:37 a.m.
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Status
Active
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Data Source and Calculation
<p>The performance measure will be calculated using the Monthly Business Project report that is generated by the Agriculture and Forestry Development Services unit, which contains a section on Agriculture and Forestry Industries Development (AFID) project activity. The reports will be reviewed at the end of the fiscal year, and all the projects that have been awarded an AFID grant (typically through an announcement by the Governor) will be added together to reach the total number of companies incentivized during the fiscal year.</p>
|
| Enterprise Priorities and Strategies |
| Initiative |
Priority |
Strategy |
| Economy |
Business Climate and Economic Development |
Promote Virginia’s competitive business climate to maintain the designation as the best state for business. |
| Service Area Code |
Service Area Name |
| 53410 |
Financial Assistance for Economic Development |
| Name |
Date |
Result |
Note |
| Baseline |
07-01-2013 |
5.0 |
|
| Short Target 2025 |
|
None |
|
| Long Target 2027 |
|
None |
None |
| Year |
Result |
Note |
| 2013 |
5 |
|
| 2014 |
8 |
|
| 2015 |
11 |
|
| 2016 |
14 |
|
| 2017 |
13 |
|
| 2018 |
16 |
|
| 2019 |
18 |
|
| 2020 |
12 |
In response the COVID-19 pandemic, the Governor ceased economic development announcements from March through most of June, reducing total projects announced by up to four. |
| 2021 |
15 |
|
| 2022 |
14 |
|
| 2023 |
|
|
|
| Measure ID |
M301SA12002 |
| Measure Class |
Agency Key |
| Measure Type |
Outcome |
| Year Type |
State FY |
| Preferred Trend |
Stable |
| Frequency |
Annually |
| Statistical Unit |
Number |
|
Report Filter
Performance Budgeting System Reports
