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The role of OECDD in strategy development appears to have changed (i.e., the Department “shall guide Boards in the development of Investment Strategies”). Was this a Legislative change?

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The role of OECDD in strategy development appears to have changed (i.e., the Department “shall guide Boards in the development of Investment Strategies”). Was this a Legislative change?

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Yes. The Budget Notes included with the department’s 2007-09 Budget include direction from the Legislature for the OECD Commission to “determine the role of the [Regional Investment Boards] in furthering the economic development goals in SB350.” This direction is intended to connect the regional boards with the OECD Commission and align the regional boards’ work with the work of the department. To reflect this direction, the OAR and the planning guide, Elements of a Regional Investment Strategy, have been changed.

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