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I <br />I <br />I <br />i <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />The Council will examine the education and retraining issue as a major study <br />area. Potential topics include: How do the education and retraining programs <br />offered by various sectors overlap? What gaps exist between programs? What <br />are the revel ant skills needed for future long-term employment and are they <br />being taught? How do the skills taught at vocational=technical institutes mesh <br />with the skills demanded in the private sector? Are plans to retrain displaced <br />manufacturing workers adequate? Is there a role for the Metropolitan Council <br />in helping to coordinate the various programs in the Region? <br /> <br />Jo THE METROPOLITAN COUNCIL WILL MONITOR ECONOMIC DEVELOPMENT IN THE REGION <br /> AND MEASURE THE IMPACT OF GOVERNMENT PROGRA,MS ON SUCH DEVELOPMENT. <br /> <br />Evaluation is an important part of the planning process. Since the Council is <br />undertaking new roles with respect to economic development, it is important to <br />develop a base of data for evaluating the impact of the Council's programs as <br />well as other programs. It is also important that the programs be monitored <br />and evaluated. Examples of factors that could be monitored include the <br />following: the number of jobs created, the dollar value added to the property <br />tax base, the amount of income generated and the net benefit of a project <br />(comparing the tax revenue produced versus the amount of public money <br />invested). <br /> <br />13 <br /> <br /> <br />