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LOUISVILLE ENERGY ACTION PLAN <br />Business and Economy <br />There are approximately 813 businesses that employ 7,637 workers across sectors.8 Unemployment, as of <br />2014, was approximately 2.9% and the median household income was $92,121. Louisville residents level <br />of income is almost 25% higher than the median Boulder County income and nearly 44% higher that the <br />state's median income. Additionally, Louisville's population is very well-educated relative to the county and <br />state. Approximately 70.5% have a bachelor's degree or higher compared to 59% in Boulder County and <br />36% statewide. <br />A highly -educated workforce is an important element to attracting and retaining high technology industries <br />and advanced professional employers while diversifying the economic base of the community. This is <br />reflective of the leading industries in Louisville including tech, telecom, aerospace, and clean energy.9 <br />Other primary sectors include manufacturing, professional services, retail, and health care. Table 1 shows <br />the top ten employers in Louisville. <br />Table 1. Top 10 Employers in Louisville <br />Employer <br />• <br /># of Employees <br />Hvista Haventlst Hospital <br />nu <br />Zayo Group 480 <br />Sierra Nevada Space Corporation 390 <br />Balfour Senior Living <br />330 <br />Fresca Foods <br />320 <br />Medtronic <br />310 <br />City of Louisville <br />290 <br />GHX <br />240 <br />Design Mechanical <br />190 <br />Centennial Peaks Hospital <br />180 <br />Commitment to Sustainability (Values and Beliefs) <br />The City of Louisville has affirmed a commitment to sustainability by adopting a Sustainability Action Plan in <br />2016. This plan states an intent to prioritize sustainability initiatives as part of community supported <br />responsible governance with the assistance of the Louisville Sustainability Advisory Board (LSAB) and staff <br />support. As identified in the plan, "SUSTAINABILITY MEANS creating balance among the environment, <br />the economy, and society to ensure that practices and decisions do not compromise the quality of life for <br />future generations. Sustainability is not an end goal, but an approach that recognizes the interplay between <br />natural, economic, and social interests." Milestones in sustainability are presented for context followed by a <br />structured framework for establishing and achieving sustainability goals in Louisville. <br />The plan identifies five focus areas: 1) Climate & Energy, 2) Water, 3) Transportation, 4) Waste, and 5) <br />Local Food & Agriculture. Each focus area has an overreaching goal, for Climate & Energy, that goal is to <br />8 US Bureau of Labor Statistics, City of Louisville, 2012 <br />9 City of Louisville 2013 Comprehensive Plan <br />10 http://www.louisvilleco.ciov/business/economic-development/statistics <br />14 <br />