File #: BC 18-104    Name:
Type: Budget Committee Status: Agenda Ready
File created: 9/17/2018 In control: Budget Committee
On agenda: 10/10/2018 Final action:
Title: a. Support approving the County's annual membership to the Monterey Bay Economic Partnership (MBEP), in the amount of $10,000 for calendar year 2018; b. Support approving the County's annual membership to the Monterey Bay Economic Partnership (MBEP), in the amount of $10,000 for calendar year 2019; c. Support authorizing the Auditor-Controller to amend the Fiscal Year 2018-19 Adopted Budget 001-1070- 8221-DEO001, to increase appropriations by up to $20,000, financed by a decrease in appropriations in General Fund Contingencies 001-1050-8034-CAO020.
Attachments: 1. Attachment A - Highlights of MBEP and Quarterly Objectives, 2. Attachment B - MBEP Strategic Plan 2018-2019

Title

a.       Support approving the County’s annual membership to the Monterey Bay Economic Partnership (MBEP), in the amount of $10,000 for calendar year 2018;

b.       Support approving the County’s annual membership to the Monterey Bay Economic Partnership (MBEP),  in the amount of $10,000 for calendar year 2019;

c.       Support authorizing the Auditor-Controller to amend the Fiscal Year 2018-19 Adopted Budget 001-1070-  8221-DEO001, to increase appropriations by up to $20,000, financed by a decrease in appropriations in General Fund Contingencies 001-1050-8034-CAO020.

Report

RECOMMENDATION:

It is recommended that the Board of Supervisors:

a.                        Support approving the County’s annual membership to the Monterey Bay Economic Partnership (MBEP), in the amount of $10,000 for calendar year 2018;

b.                        Support approving the County’s annual membership to the Monterey Bay Economic Partnership (MBEP), in the amount of $10,000 for calendar year 2019;

c.                        Support authorizing the Auditor-Controller to amend the Fiscal Year 2018-19 Adopted Budget 001-1070- 8221-DEO001, to increase appropriations by up to $20,000, financed by a decrease in appropriations in General Fund Contingencies 001-1050-8034-CAO020.

 

SUMMARY/DISCUSSION:

The Monterey Bay Economic Partnership (MBEP) was founded in 2014 and is a regional nonprofit, membership organization consisting of public, private and civic entities located throughout the counties of Monterey, San Benito and Santa Cruz.  MBEP’s mission is to create a thriving region with good jobs, excellent education, and high quality of life for all residents, while reserving the natural beauty and healthy lifestyle we all share.

 

MBEP’s current initiatives are: 1) transportation, 2) housing, 3) workforce development and, 4) technology.  Key areas include affordable housing, reducing traffic congestion, connecting youth to internships and jobs and ensuring all residents have access to high-speed broadband.  In addition, MBEP holds two region-wide events each year:  The Regional Economic Summit in the spring and the State of the Region in the fall. These events bring regional leaders together, and stimulate cross-sector engagement and mobilization.  Attached are Highlights of MBEP’s Accomplishments. 

 

In 2016-17, the County paid MBEP annual membership dues, in the amount of $10,000. The membership dues are what fuels MBEP’s work, which is the primary source of funding to hire staff and deploy resources to make improvements in each of the focused areas that contribute to positive changes in the economic health and quality of life in the region.

 

It is recommended the Budget Committee support approving the County’s annual MBEP membership, in the amount of $10,000.  The County membership will contribute to promoting MBEP’s mission which is in alignment with the Board of Supervisors Strategic Initiatives.

 

OTHER AGENCY INVOLVEMENT:

The County Administrative Budget Office has reviewed this report.

 

FINANCING:

This report recommends using contingency funds as a one-time funding source to renew the membership with the Monterey Bay Economic Partnership, to increase appropriations by up to $20,000 to 001-1070-8221-DEO001, financed by a decrease in appropriations in General Fund Contingencies 001-1050-8034-CAO020. The approval of both the calendar year 2018 and 2019 memberships would result in a new General Fund Contingencies balance of $4,110,238.

 

 

Prepared by:  _____________________________________________________________

                                                                 Sandra Lance, Management Analyst II, Ext. 6651

 

 

Approved by: _____________________________________________________________

                     Nicholas E. Chiulos, Assistant County Administrative Officer, Ext. 5145

 

 

Attachments:

Budget Committee Report

Attachment A - Highlights of MBEP and Quarterly Objectives

Attachment B - MBEP Strategic Plan 2018-2019