Economic Development Goals and Objectives
Economic development continues to play an important role in maintaining Novi’s growth and quality of life for both commercial ventures and residents. Troubled times in Michigan call for all communities to formulate and execute sound economic development plans that will both foster new growth and retain development. Such investments provide the jobs and taxable value Novi needs to maintain and grow municipal services – an integral component of our success formula. We influence and facilitate the process that allows business to create jobs and grow a diversified Novi tax base.
The City of Novi continues to move in the right direction as it pertains to economic development. It is important to pay attention to maintaining property tax values as well as continuing to treat the business community as our partners.
These reports summarize the economic development activities accomplished in within a fiscal year and measured by the adopted goals and objectives set forth by the Novi City Council.