Subject: 5th Annual Small and Minority Business Conference

The economic recovery is creating opportunity for business owners and entrepreneurs. Thriving small and minority businesses are seen as essential in the new regional economy, but how do they find these opportunities and capital? This conference provides resources and guidance for how to tap into the economic power. All corporations, business, nonprofit and government professionals are encouraged to attend!

Register at http://sbpp.org
5th Annual Small and Minority Business Conference
Accessing the new Economy
Ready. Set. Go!
 
Friday, May 21, 2010
Grand Hyatt Seattle
To registration and get more detail svisit:
http://sbpp.org

Seattle City Council and Mayor Mike McGinn

Budget Public Hearings by Aileen Trilles, FCS Board Member

April 28, 2010

New Holly Community Center

Attended by BM Aileen Trilles

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Notes on “Budget 101 and Budget Realities”

3.8 Billion:  2010 Adopted Budget 

28% is made up of City’s Utilities

                  21% is made up of Public Utilities

                  8%   is made up of Transportation

                  14% is made up of Public Safety

                  29% is made up of Other (includes parks, human services, and neighborhoods)

Weak economy is creating the budget challenge. 119,000 jobs have been lost in Seattle metro areas (King and Snohomish Counties).

2010-2012 Budget Picture

The weak economy and past reliance on one-time budget balancing strategies are creating General Fund budget shortfalls.

·       2009 ended with a $4 million shortfall

·       a 12 million shortfall is now projected for 2010

It’s not only the General Fund that’s in trouble. The General Budget is also under strain.

Budget Process Overview

March-April:  Departments work with City Budget Office (CBO) to develop a baseline budget & identify priorities

The rest of the evening allowed the public to speak on issues of concern.  Two minutes were allocated to each speaker/group.  The groups voiced an overarching request for support for human services and parks/recreation centers to prevent homelessness, promote community centers, activities that prevent gang violence and promote education, support organizations that promote healthy living and provide services to communities with disabilities.

/avt