Economic Development

The City's vision and/or goal for economic development is to:

  • Enhance the tax base of the City of Wyoming
  • Encourage development and redevelopment for increased economic vitality of the industrial districts
  • Create and retain industrial employment in the City of Wyoming
  • Assist in the rehabilitation of older facilities and/or expansion of existing industrial facilities
  • Reduce property taxes as an obstacle to development of problem parcels of industrial real estate
  • Enhance attractiveness of our community

From a policy perspective, economic development can be defined as efforts that seek to improve the economic well-being and quality of life for a community by creating and/or retaining jobs and supporting or growing incomes and the tax base.

Our economic development team promotes the City to economically-sound business/industrial facility owners and developers, administers economic development incentive programs and prepares cases for the Economic Development Corporation (EDC) and the Brownfield Redevelopment Authority.