CITY OF SAN DIEGO ¡V FINAL ANALYSIS

The City of San Diego is ideally located in Southern California on the Pacific Coast near the U.S.- Mexico border. International trade with Mexico and the Port of San Diego has been major contributing factors to the growth and stability of the economy within this City. In the past, defense contracts made up the majority of the revenues that the city depended on for the budget. However, in recent years the shift has been more toward international trade, high-tech manufacturing and research, professional services and the tourism industry. With this shift in the business focus, San Diego has been one of the few successful cities in California to maintain its revenues, reduce its expenditures and report a somewhat secure financial status. Giving way to part of this success is the fact that San Diego has concentrated on improving its business assistance programs, cutting costs and changing policies to become more business friendly. Due to the success of the business incentive program...