To incentivize or not to incentivize? Broomfield ponders its economic development strategy 

BROOMFIELD — Should Broomfield prioritize economic development incentives to entice large companies to open up shop in the city and county or should leaders instead focus their support on small, existing businesses fighting to survive during the COVID-19 pandemic?

Should an incentive recipient’s ability to fill local coffers with property tax revenue trump its commitment to environmental sustainability or affordable housing? 

These questions and others are on top of mind for Broomfield leaders as they attempt to craft an economic development and business incentives strategy that’s most beneficial to the community. 

During a Broomfield City…