Loading...
HomeMy WebLinkAboutFY 2020 Budget Presentation (Office of Economic Development)i OFFFICE OF ECONOMIC DEVELOPMENT 19 -20 Budget Review FY 2020 BUDGET AND OPERATIONS SYNOPSIS 1. FY 2019 to FY 2020 BUDGET COMPARSION Fund: GENERAL RJND Department: ECONOMIC DEVELOPMENT FY 2019 Operating Budget ■ Salary and Wages tv■ senefiK ■ t naties ■ vehKWEquip, tease ■ Operations 3% 0% FY 2020 Operating Budget FY 2019 FY 2020 $ +/- % +/- Salary and Wages 687,040 634,911 - 52,129 -7.6% Benefits 361,279 417,969 56,690 15.7% Utilities 0 0 0 OA Vehide/Equip,Lease Operations 80,354 1,337,461 0 1.555.187 80,354 717.776 - 100.0% 16.3% 2,466,134 2,608,067 141,933 5.8% FY 2019 Operating Budget ■ Salary and Wages tv■ senefiK ■ t naties ■ vehKWEquip, tease ■ Operations 3% 0% FY 2020 Operating Budget ■Salary and Wages hk ■ senef is 4P0% ■trinities ■vehide /Equp, Lease ■ operations FY 2019 and FY 2020 Comparison 1,600,000 - 1,400,000 1,200,000 1,000,000 OFY 2019 s0o,000 oFY zcu0 wo,o00 400,000 200,000 0 Satary and Wales sendRS Utakies vehkWEWip, operab- tease 2. MAJOR CHANGES AND /OR VARIANCES IN OPERATIONS BUDGET There are some changes to the OED personnel. The WIOA Executive director used to be a county position will now be paid by the State WIOA program. This vacant position will be filled with an agricultural specialist which OED has been without for at least 4 years. An agricultural specialist is important in helping our farmers develop their agri- businesses to be sustainable and help meet Kauai's food security challenges. A business innovation program is being established to meet the objectives of the mayor to grow our young talent to meet the demands of the workforce and to encourage entrepreneurship and startup up businesses. This position is also a priority in the Kauai General Plan. The coordinator will be active in the business community and working on events. The business Innovation Mentor will work directly with entrepreneurs and small businesses. New Positions: (in existence but being repurposed) E -48 Business Innovations Coordinator 57,325 E -62 Agriculture Specialist 72,528 PO -9221 — Business Innovations Mentor 78,200 Large Budget Variances: Other Services: FY 2018 -19 FY 2019 -20 Variance 133,385 199,000 65,615 The budget was increased to collect data and create dashboards to analyze important aspects of our island community. A traffic study will be conducted to do a deep analysis of the movement of people and cars that will assist in identifying time of day and bottlenecks. This information will help in planning transportation. Traffic and Transit issues are a top priority item in the Kauai Tourism Strategic Plan. OED also plans to conduct analysis of the business community to create better economic development programs and there is additional funding to assist the film commissioner in promoting local Kauai filmmakers. Advertising: FY 2018 -19 FY 2019 -20 Variance 22,170 79,670 57,500 Comments: In developing our strategic plan and reviewing our current strengths and weaknesses, it was apparent that our visual marketing materials of some of our major programs needed upgrading. The Film industry is highly competitive and we need to improve the website to improve Kauai's competitiveness in the market and also to highlight the talent Kauai has to offer. Kauai Made is a well - established program and its marketing program needs to utilize technology to make it enticing for Kauai businesses to join the program and for visitors seeking Kauai Made goods to be able to easily purchase products whether here on island or off island. 3. OPERATIONAL CHALLENGES One of the greatest challenges is hiring qualified personnel for vacant positions and keeping them in the positions. With low unemployment it is difficult to find good candidates. OED is the lead for the state Workforce Innovation Opportunity Act. Getting the funding to meet the needs of the objectives of the program without increasing the county expenditures was a challenge and we hope that has now been resolved. As an economic development agency staying relevant to local business owners and providing the right types of programs is critical. That is why we increased the budget to generate metrics on the business community and for advertising. 4. TOP 3 OPERATIONAL HIGHLIGHTS FROM FY 2019 The Kauai Made Program launched its very first Kauai Made Holly Jolly Holiday Faire separate from the Kauai Community Market in December of 2018. It was run fully in house and got rave reviews from members as many were able to sell out their product and all reported doing increased sales over last year. There was entertainment, food trucks, Tita helper shoppers, and gift wrapping services in addition to our Kauai Made Vendor offerings. County motor pool: Economic Development successfully transferred the shared use motorpool over to Public Works. The motor pool has allowed the County to provide better access to vehicles for all employees while reducing overall fleet costs for the County. Data captured from the motor pool also helped make informed decisions about new fleet purchases and fleet electrification. As of this February, Public Works has taken over all aspects of the motor pool including operations and online management. Economic Development also completed all required specifications and procurement documents for new fleet EVs and charging infrastructure, now also being handed off to Public Works. This transition has freed up time for our office to focus on more external economic development activities. Kauai Aloha+ Challenge: Economic Development has completed a web engagement platform for the Kauai Aloha Plus Challenge with the help of our Americorp Vista Intern from KUPU. This challenge engages the community in making changes in their daily actions to achieve goals in sustainability which reduce our impact and can save the money. This is part of our community engagement strategy in leading up to the development of our Climate Acton Plan.