bengeyqafiba1640.blogspot.com
While service providers don’t yet know whethe r they’ll receive IOUs — or what the amountds will be — Sparky Harlan, CEO of the in Santsa Clara, is prepared for the “We receive about $400,000 in state funding,” Harlajn said. “We’re already accustomed to getting monehy from the statelate — last for example, it took untilo December before we finally got paid.” For this year and last year the centetr has relied on a $150,000 line of credit through to coverf the gap, along with $500,000 out of its reserv funds. The center’s operating budget is $10 milliohn for fiscal 2009-10.
The money that may be on hold from the state covers, in part, the center’s shelter and drop-in street outreach, and parenting classes. “The problenm right now is thatwe don’t know for certain how much they’rs going to hold back,” said who has been with the center for 26 years. “But this is by far the worsty I’ve ever seen.” In anticipation of the state’ds budget problems, 10 percent cuts have already been plannedfor foster-carw payments. Locally there are 300 to 400 kids infosterd care.
Foster care rates are the same acroswsthe state, so families in high-costf areas such as the Bay Area get the same amount of compensation as people in more affordable places. “We’re fronting half a milliom dollars already,” she said. It’s a layered problem for the since in addition to state money some comesz from the federal Housing and Urba nDevelopment department. And Harlan said HUD is so slow it can take up to six monthe for payments tobe “We’re hoping to get paid by she said. “Nonprofits are just gettinbg slammed.
” Harlan said the Bill Wilson Cente r has closed down two programs already and cut abouyt 15 percent ofits staff, leaving abou 110 employees. These are real layoffs, she pointex out — not attrition or open jobs and “heartbreaking” to do. “Wed had to give one stafcf person a layoff notice and a week latedr his wife was laid off from another she said. in Campbelp gets about $500,000 a year from the statw for its AIDS CFO Ira Holtzman said the agency is largr enough and financially stable enough that he would just book an IOU as accountss receivable and hope the money camethrough eventually.
The Healtyh Trust’s budget for fiscal year 2010 is morethan $16 million, Holtzmanm said. Pam Brandin, executive directot of and Visually Impaired, which has officee in Palo Alto andSanta Cruz, said that even thougy her agency provides the kind of servicee that are especially at risk in Statr Controller John Chiang’s plan, the Vista Center is relatively “We receive money through Title 7 Chapte 2 services,” Brandin explained. “Since much of our funding is federaplmoney we’re hoping that it has to be released and passed on; the state won’tf be allowed to hold on to it.
” The Vistaw Center also has school contractxs through special education funding. “Lastg year when the state had simila budget issueswe didn’t receiver any IOUs,” she “but that situation was resolved soonerf than this appears to be. The agencies that receive IOUsprobably won’t even know they’re coming until they submit their bills.” She’d also banking on Vista Center’s status as a preferre d vendor with the state, “so we’ll be paid in advancs of other vendors — if in fact the statee is even writing checks.
” Lisa president & CEO of Avenidas Rose Kleinere Senior Day Health Center in Palo is also cautiously optimistic. “Thwe only funds we receive from the state are MediCal payments for services provided at our adulttdaycare center,” she said. “Our understandin g is that those services are protected by the statre constitution as well asfedera law. We do receive funding indirectlgy throughthe county, but we don’g expect that to be affected.” Tom public policy director of the , said peoplde are on pins and “Everyone’s sitting around waiting, not knowing what’s going to happen.
But even with the most optimisticfoutcome it’s still going to be very ugly.” He pointefd out that the deficit last year for Santa Clara Countyh was more than $270 million, and many of the cuts were made in programw around health, mental health, drugs and alcohol and social And there’s no relief on the horizon: For 2011 the countyh is looking at a deficit of about $250 million, he
Sunday, April 29, 2012
Friday, April 27, 2012
Campbell Soup land purchase figures in Camden office park plans - Philadelphia Business Journal:
humojo.wordpress.com
headquarters. The soup company bought the which was a surface parking lot and sits betweenb 11th Street and AdmiralWilson Boulevard, for $426,0000 from the , the company With that parcel under its Campbell (NYSE:CPB) now has a swath of land stretching from 11th Street to Admiral Wilson Boulevarr between Newton and Mt. Ephraikm Avenues available for theoffice park. It has completed environmenta remediation on all ofthe properties, and has prepared them for immediate redevelopment as part of the planneds park, which will sit on 100 acres. Campbell’s campus will occupy roughly 40 of thosew acres as part of itsheadquartersa expansion. Other companies would occupy theremainingy acres.
The company plans to spendr upto $90 million on the overall Local governments are expected to invest about $23 million in
headquarters. The soup company bought the which was a surface parking lot and sits betweenb 11th Street and AdmiralWilson Boulevard, for $426,0000 from the , the company With that parcel under its Campbell (NYSE:CPB) now has a swath of land stretching from 11th Street to Admiral Wilson Boulevarr between Newton and Mt. Ephraikm Avenues available for theoffice park. It has completed environmenta remediation on all ofthe properties, and has prepared them for immediate redevelopment as part of the planneds park, which will sit on 100 acres. Campbell’s campus will occupy roughly 40 of thosew acres as part of itsheadquartersa expansion. Other companies would occupy theremainingy acres.
The company plans to spendr upto $90 million on the overall Local governments are expected to invest about $23 million in
Thursday, April 26, 2012
QinetiQ signs lease in Reston - Washington Business Journal:
acklinegymejac1362.blogspot.com
As the incoming lead tenant inthe 196,000 square-foor Class A office building at 11091 Sunset Hillsa Road in Reston, its 11-year lease startsa later this year. McLean-based Qineti North America, a subsidiary of London-based QinetiQ that offerz technology-based defense and security products and services to the saidits 42-percent revenuwe growth over its last fiscal year has partly been due to its role in the intelligences and cyber security markets and new work with the Department of Homelandd Security and NASA. It will be the fifth U.S. officw for the company, which is also in Fairfax, Ala. and Waltham, Mass.
The tenant was represented by Robb Johnson andDee MacDonald-Millere of Jones Lang Vardell Realty Investments LLC was represente d by Mike Shuler, Rob Walterx and Nate Krill of Millenniujm Realty Advisors LLC. Initially, 400 program management-type employees be relocatinfg from various offices in Fairfax County into theRestonh building. Down the road in 2011 or 2012, the number of employees at the site will doubleto 800. Out of the 400 movint in, 75 will be part of QinetiQ’d technology solutions group and the other 325 will be part of its missiomnsolutions group.
“Like any company trying to attract andretain high-quality people, we were looking for more than just a This building has environmentally-friendly features the new generation of employeeds is looking for,” said Matthew Warnock, directoer of public relations at QinetiQ. He said the buildingf will also help cut down onoverheard “by a great deal,” with expecteed savings of 65 to 70 percent on powerd consumption through the use of virtualization softwaree and green technology to reduce heatinbg and utility costs.
He adds that the buildinfg sits right off a bike trail and was builyt onan east-to-west access, which means employeesz can take advantage of a full day of sunlighy and cut down on electricity.
As the incoming lead tenant inthe 196,000 square-foor Class A office building at 11091 Sunset Hillsa Road in Reston, its 11-year lease startsa later this year. McLean-based Qineti North America, a subsidiary of London-based QinetiQ that offerz technology-based defense and security products and services to the saidits 42-percent revenuwe growth over its last fiscal year has partly been due to its role in the intelligences and cyber security markets and new work with the Department of Homelandd Security and NASA. It will be the fifth U.S. officw for the company, which is also in Fairfax, Ala. and Waltham, Mass.
The tenant was represented by Robb Johnson andDee MacDonald-Millere of Jones Lang Vardell Realty Investments LLC was represente d by Mike Shuler, Rob Walterx and Nate Krill of Millenniujm Realty Advisors LLC. Initially, 400 program management-type employees be relocatinfg from various offices in Fairfax County into theRestonh building. Down the road in 2011 or 2012, the number of employees at the site will doubleto 800. Out of the 400 movint in, 75 will be part of QinetiQ’d technology solutions group and the other 325 will be part of its missiomnsolutions group.
“Like any company trying to attract andretain high-quality people, we were looking for more than just a This building has environmentally-friendly features the new generation of employeeds is looking for,” said Matthew Warnock, directoer of public relations at QinetiQ. He said the buildingf will also help cut down onoverheard “by a great deal,” with expecteed savings of 65 to 70 percent on powerd consumption through the use of virtualization softwaree and green technology to reduce heatinbg and utility costs.
He adds that the buildinfg sits right off a bike trail and was builyt onan east-to-west access, which means employeesz can take advantage of a full day of sunlighy and cut down on electricity.
Tuesday, April 24, 2012
Grant money will help WESST teach kids to save - Sacramento Business Journal:
stockdaleiqemico1521.blogspot.com
The youth Individual DevelopmentAccount (IDA) progra provides financial literacy education and a methodr for building assets to high school students that meet income qualifications. The program will span a three-yeae period between 2009 and 2012. IDAs, whichu are used by a numberr of organizations in New encourage participants to save for a goal or asseft and usually matchthe participant’s savingxs as an incentive. The match in the WESST program is fourto one, up to $3,000.
is the nonprofit’ bank partner in the WESST is working on this pilot program with Junioer Achievement of New Mexico and the Creative EducationPreparatoryh Institute, a public charter high school on Albuquerque’sz Westside. There are 21 students participatinf in theprogram now, and the Danielzs grant will allow WESST to add an additional 13 said Marty Tatum, spokeswoman for The grant will also be used to leveragse matching federal dollars and enroll more high school studenty participants. , based in Denver, operatess the Daniels Fund Scholarship Program and the Daniels Fund Grantes programin Colorado, New Utah and Wyoming.
The Fund was establisher in 1997 by cable television pioneer Bill a former residentof Hobbs. helps low-incoms women, minorities and other entrepreneursachieve self-sufficiency through microenterpris training, technical assistance and accesz to capital through its revolving loan fund. WESSTT recently opened a new smal l business incubator indowntown Albuquerque.
The youth Individual DevelopmentAccount (IDA) progra provides financial literacy education and a methodr for building assets to high school students that meet income qualifications. The program will span a three-yeae period between 2009 and 2012. IDAs, whichu are used by a numberr of organizations in New encourage participants to save for a goal or asseft and usually matchthe participant’s savingxs as an incentive. The match in the WESST program is fourto one, up to $3,000.
is the nonprofit’ bank partner in the WESST is working on this pilot program with Junioer Achievement of New Mexico and the Creative EducationPreparatoryh Institute, a public charter high school on Albuquerque’sz Westside. There are 21 students participatinf in theprogram now, and the Danielzs grant will allow WESST to add an additional 13 said Marty Tatum, spokeswoman for The grant will also be used to leveragse matching federal dollars and enroll more high school studenty participants. , based in Denver, operatess the Daniels Fund Scholarship Program and the Daniels Fund Grantes programin Colorado, New Utah and Wyoming.
The Fund was establisher in 1997 by cable television pioneer Bill a former residentof Hobbs. helps low-incoms women, minorities and other entrepreneursachieve self-sufficiency through microenterpris training, technical assistance and accesz to capital through its revolving loan fund. WESSTT recently opened a new smal l business incubator indowntown Albuquerque.
Sunday, April 22, 2012
Metro seeks more control of convention center leadership - Wichita Business Journal:
judonebolayb1394.blogspot.com
Metro councilors Rod Park and Rex Burkholdetr will introduce a measure next week giviny the council authority over individuals who lead the Metropolita n ExpositionRecreation Commission. The motion comes afterr Metro Council President Davied Bragdon criticized the performance of MERC Generalo ManagerDavid Woolson. Councilord want to oversee the hiring, salary changes and employment statuaof MERC’s top executive, accordinyg to a letter Park and Burkholder sent to Don Trotter, who chaird the commission. Trotter and other commissioners currently oversee the position and have givejn Woolson good marks during his first threeejob reviews.
The council will consider the motiom at its June 11 In a March 31 letter to the commission regardingthe group’zs budget requests, Bragdon questioned both Woolson’sd leadership as well as the agency’ss higher budgets. Woolson’s office spent $470,56u8 during the 2007-08 fiscal year. The number jumped to $838,8034 for the current year. Woolson requested $877,808 for the 2009-10p fiscal year.
However, in a lettere dated March 12, 2009 to Bragdom from Metro finance and administrativ services directorMargo Norton, Woolson says the cost increases are "primarilyy the result of a reorganization of the public affaire function and the cost and creation of a business development Specifically, MERC's public affairs manager and public affaires coordinator were "reclassified" to a director of communications and a directo of business and community development. Woolson goes on to state that additional resources for goodx and services for the positionsincluded consulting, sponsorships...
and other general office expenses in order to have a more effective efforr in this area." In the same letter, Woolson says the numbers alone don'yt paint an accurate picture becausd of unfilled positions in earlier budgets. Bragdon also said Woolsom moved his office downtown and boostef consulting travel costs and other expensexslast year. He also collected “large raises” by increasing his salary to $184,000, make him more highlyg paid thanhis predecessors. MERC moved downtowb from the convention centerlast year. It occupies spacee in the Portland Center for the Performing Arts, 1111 S.W.
MERC, which operates the building, pays no rent for the One of theMERC Commission'xs goals was to increase the organization'ws downtown presence. MERC's board approved Woolson'sz pay raises. The board said last year that Woolsobn “has accomplished (an) enormous amount of work and inspirecd staff. He has quickly detecteed problems and has move to alleviate orfix (sic). There appearxs to be a new energyat Metro’s annual budget is $40 million. Woolson is the agency’x highest-paid employee.
Metro councilors Rod Park and Rex Burkholdetr will introduce a measure next week giviny the council authority over individuals who lead the Metropolita n ExpositionRecreation Commission. The motion comes afterr Metro Council President Davied Bragdon criticized the performance of MERC Generalo ManagerDavid Woolson. Councilord want to oversee the hiring, salary changes and employment statuaof MERC’s top executive, accordinyg to a letter Park and Burkholder sent to Don Trotter, who chaird the commission. Trotter and other commissioners currently oversee the position and have givejn Woolson good marks during his first threeejob reviews.
The council will consider the motiom at its June 11 In a March 31 letter to the commission regardingthe group’zs budget requests, Bragdon questioned both Woolson’sd leadership as well as the agency’ss higher budgets. Woolson’s office spent $470,56u8 during the 2007-08 fiscal year. The number jumped to $838,8034 for the current year. Woolson requested $877,808 for the 2009-10p fiscal year.
However, in a lettere dated March 12, 2009 to Bragdom from Metro finance and administrativ services directorMargo Norton, Woolson says the cost increases are "primarilyy the result of a reorganization of the public affaire function and the cost and creation of a business development Specifically, MERC's public affairs manager and public affaires coordinator were "reclassified" to a director of communications and a directo of business and community development. Woolson goes on to state that additional resources for goodx and services for the positionsincluded consulting, sponsorships...
and other general office expenses in order to have a more effective efforr in this area." In the same letter, Woolson says the numbers alone don'yt paint an accurate picture becausd of unfilled positions in earlier budgets. Bragdon also said Woolsom moved his office downtown and boostef consulting travel costs and other expensexslast year. He also collected “large raises” by increasing his salary to $184,000, make him more highlyg paid thanhis predecessors. MERC moved downtowb from the convention centerlast year. It occupies spacee in the Portland Center for the Performing Arts, 1111 S.W.
MERC, which operates the building, pays no rent for the One of theMERC Commission'xs goals was to increase the organization'ws downtown presence. MERC's board approved Woolson'sz pay raises. The board said last year that Woolsobn “has accomplished (an) enormous amount of work and inspirecd staff. He has quickly detecteed problems and has move to alleviate orfix (sic). There appearxs to be a new energyat Metro’s annual budget is $40 million. Woolson is the agency’x highest-paid employee.
Friday, April 20, 2012
Bay Area officials seek stimulus input - San Francisco Business Times:
vuwodu.wordpress.com
The submission deadline is April 24. The region’s final report is due to the stat e byJune 1. The economic institute, whic h is developing a regional plan for seeking federalstimulue cash, is already working with local governments and agenciea like the , the East Bay’s Economic Development Alliancew and the Association of Bay Area Governments. The economicc institute said Thursday it wants input as well from area business leadera and residents as it writes its The regionalproposal — whichy will show how the Bay Area wantsa to spend money it gets is seen as the most effectives way for the area to make a strong case for moneh in the American Recovery and Reinvestment Act.
“We’rde getting submissions from everypossible direction” to help pull together the regionalp plan, said Sean Randolph, presidentg of the Bay Area Council Economic “This program … can ensure the Bay Area gets the maximum bang for its stimulus bucks.” Much of the money in the stimulu s act goes to areaw based on formulas. But about one thirxd of the total cashis discretionary, meanin g projects in the Bay Area will compete with proposalx across the state and across the country. “We are in a high staked game in Californiaand we’re in a competition with othetr states,” said Bruce Kern, executive directorr of the .
Billionss of dollars are at stake. About $30 billion in stimulus moneu will be divvied up in Sacramento before going to variouz regionsaround California. Another $20 billion of discretionar y money will be doled out to Californiafrom D.C. Starting April 6, the economic institutd said it will startr collecting project proposals onlineat www.bayareaeconomy.org/recovery. The submissiomn deadline is April 24. The region’xs final report is due to the state byJune 1. Project s should fall into one of seven categories, the economic institute said.
Thosw are: Transportation, water, energy/climate, workforce training and business development, science and innovation or The projects should also lead tosignificantg short-term job creation and generatew long-term return on investment. There is benefit to the plan even if it does not resulft instimulus money, officials By bringing together agencied that often don’t plan the regional proposal is generatinb attention on regional said Randolph.
“We see the plan framinhg a longer term conversation aboutregional
The submission deadline is April 24. The region’s final report is due to the stat e byJune 1. The economic institute, whic h is developing a regional plan for seeking federalstimulue cash, is already working with local governments and agenciea like the , the East Bay’s Economic Development Alliancew and the Association of Bay Area Governments. The economicc institute said Thursday it wants input as well from area business leadera and residents as it writes its The regionalproposal — whichy will show how the Bay Area wantsa to spend money it gets is seen as the most effectives way for the area to make a strong case for moneh in the American Recovery and Reinvestment Act.
“We’rde getting submissions from everypossible direction” to help pull together the regionalp plan, said Sean Randolph, presidentg of the Bay Area Council Economic “This program … can ensure the Bay Area gets the maximum bang for its stimulus bucks.” Much of the money in the stimulu s act goes to areaw based on formulas. But about one thirxd of the total cashis discretionary, meanin g projects in the Bay Area will compete with proposalx across the state and across the country. “We are in a high staked game in Californiaand we’re in a competition with othetr states,” said Bruce Kern, executive directorr of the .
Billionss of dollars are at stake. About $30 billion in stimulus moneu will be divvied up in Sacramento before going to variouz regionsaround California. Another $20 billion of discretionar y money will be doled out to Californiafrom D.C. Starting April 6, the economic institutd said it will startr collecting project proposals onlineat www.bayareaeconomy.org/recovery. The submissiomn deadline is April 24. The region’xs final report is due to the state byJune 1. Project s should fall into one of seven categories, the economic institute said.
Thosw are: Transportation, water, energy/climate, workforce training and business development, science and innovation or The projects should also lead tosignificantg short-term job creation and generatew long-term return on investment. There is benefit to the plan even if it does not resulft instimulus money, officials By bringing together agencied that often don’t plan the regional proposal is generatinb attention on regional said Randolph.
“We see the plan framinhg a longer term conversation aboutregional
Wednesday, April 18, 2012
Kansas City Business Journal: Kansas City Real Estate
aleshnikovenil.blogspot.com
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