Delaware County Authority Partners with Delaware County Commerce Center: A Strategic Move for Enhanced Economic Growth and Efficiency
DELAWARE COUNTY, PA (September 10, 2024) – Earlier this year, the Delaware County Authority (DCA) voted to move its administrative operations under the Delaware County Commerce Center. This strategic move integrates the DCA into Delaware County Economic Development, providing the Authority with professional staff and aligning it with broader economic growth initiatives in the region. The transition is expected to yield significant savings, with an estimated $43,000 in cost reductions for 2024 alone, primarily through shared staff time and the integration of resources such as internet, phone services, and office supplies. Projected savings for 2025 are anticipated to reach approximately $60,000.
The Delaware County Authority, originally incorporated as the Delaware County Hospital Authority in 1974, has a long-standing history of supporting educational and medical institutions throughout the county. The Authority is empowered to facilitate the financing of buildings and facilities for hospitals, health centers, colleges, universities, and secondary schools, playing a vital role in the development of these essential community services. Over the past four decades, the DCA has been committed to fiscal conservatism, maintaining a focus on reducing administrative fees and supporting the county’s health and educational infrastructure.
“Bringing the Delaware County Authority’s administrative operations under the Delaware County Commerce Center umbrella increases our financial sustainability through significant annual savings on our operating costs,” said DCA Chairman Arlin S. Green, Esq., expressing his strong support for the move. “This integration allows us to better align our resources and focus on supporting our local educational and medical facilities, which are vital pillars for economic growth in our community.”
This strategic realignment marks a significant step forward in enhancing the effectiveness and efficiency of Delaware County’s economic development efforts, ensuring that the Delaware County Authority remains a vital force in fostering growth and opportunity throughout the region.
“This partnership allows the Delaware County Commerce Center to leverage its expertise and resources to better serve DCA’s mission, across all of Delaware County’s economic development authorities,” said Laura Goodrich Cairns, Delaware County Commerce Center’s Executive Director. “By streamlining operations, we strengthen our focus on initiatives that support the county's critical industry sectors. This is a win for the community and our broader economic growth strategy for the county.”
For more information about the Delaware County Authority and the Delaware County Commerce Center, please visit https://www.delcopa.org.
About the Delaware County Commerce Center: The Delaware County Commerce Center is dedicated to fostering economic growth and development throughout Delaware County. By providing resources, support, and strategic direction, the Commerce Center plays a pivotal role in driving the economic prosperity of the region.
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