Title
Subject: Workforce Investment Boards's Business Services Plan
From: Community and Economic Development Agency
Recommendation: Adopt a Resolution appropriating revenues generated through the implementation of the Oakland Workforce Investment Board's Business Services Plan to business services activities
Body
REPORT AND RESOLUTION APPROPRIATING REVENUES GENERATED THROUGH THE IMPLEMENTATON OF THE OAKLAND WORKFORCE INVESTMENT BOARD'S BUSINESS SERVICES PLAN TO BUSINESS SERVICES
ACTIVITIES
SUMMARY
In June of 2002, the Oakland Workforce Investment Board (WIB) adopted its Business Services
Plan, which describes a strategy for sustaining services to employers through revenue generating
activities. The Workforce Development Unit of the Economic Development Division of CEDA
oversees the implementation of the WIB's business services strategy and coordinates the
Enterprise Zone Hiring Tax Credit service, which is one of three primary service elements
defined in the Business Services Plan. The Fiscal Year 2003-2004, the Workforce Development
Unit anticipates receiving revenues in the form of commissions from the hiring tax credit and
human resource services as defined in the Business Services Plan. Staff is requesting
authorization to appropriate and allocate these revenues to support the activities that generated
the funds as required by regulations governing the Workforce Investment Act of 1998.
FISCAL IMPACTS
Staff expects to receive up to $300,000 in business services generated revenue in FY 2003-2004.
Revenues generated as a result of activities funded by the Workforce Investment Act (WIA)
must be used for similar activities within the same program as specified in 20 CFR, Section
667.200, 29 CFR, 95.24(a) and 29 CFR 97.25(g)(2). These anticipated revenues must be
appropriated to the WIA fund (2195) to support business services as articulated in the Oakland
WIB's Business Services Plan. Staff requests that all revenues be u...
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