Fiscal Year 2013-2015 Special Budget Meeting

ALL-IN Budget Memo Page 7 Priority ^4 - Promoting Economic, Workforce Development and Job Creation Oakland's economv is showing steady signs of modest recover)'. Our housing market is hot, and key economic indicators are trending in a positive direction: revenue is rising, unemployment is down and many long awaited projects (like the development of a Trade & Logistic Center at the former Oakland Army Base, Oak I-Cnoll and Brooklyn Basin) are coming"'online. But this economic recovery is fragile in its infancy. In recognizing that Oakland's economic recovery must be nurmred in order to be stistained, the A L L - I N Budget proposal includes investments to develop Oakland's workforce, encourage business development and supports the Administration's efforts to secure grants and foster economic development initiatives. Supports the development of a Job Resource Center in West Oakland for $370,000 employers and job seekers in connection with the construction and pcrmauenC jobs at tJie new Trade and Logistic Center at the former Oakland Army Base (Item #19) Provides funding to support an East Oakland Day Laborer Center and $170,000 maintain grant funding (Item #15) Supports allocadng funding to create add 1.00 P T E City Administrator §336,638 Analyst in Economic Workforce Development to support business attracdon &c retention. (Mayor's Budget, Page E-12) Supports allocating funding to add 1.00 P T E City Administrator Analyst to §238,603 seek and secure grants, matching funds and additional resources and "partnerships (Mayor's Budget, Page E-30) Sets aside funds for employee consideradon, subject to pending negotiations $6,000,000 (Item #22) IN COUNCIL, O A K L A N D , CALIFORNL\, , 2013 PASSED BY T H E FOLLOWING VOTE: A Y E S - BROOKS, GALLO, GIBSON McELHANEY, ICALB, I-CAPLAN, REID, SCHAAF, A N D PRESIDENT KERNTGHAN NOES- ABSENT- ABSTENTION^ ATTEST: LaTonda Simmons City Clerk and Clerk of the Council of the City of Oakland, California Council June 27, 2013 ITEM: