Page 245 - FY 2021-22 Blue Book Volume 1

Economic and Workforce Development

Economic Development
Priority Outcomes: Promote good jobs for Angelenos all across Los Angeles
This program promotes economic development projects and job creation by providing financial and technical
assistance to small businesses and real estate developers and owners through the City's Business Source
System and other services.

Program Changes Direct Cost Positions Total Cost
Changes in Salaries, Expense, Equipment, and Special
Apportionment of Changes Applicable to Various Programs (2,026,768) (1) (2,885,076)
Related costs consist of employee benefits.
SG: ($1,726,768) EX: ($300,000)
Related Costs: ($858,308)
Continuation of Services
13. Consolidated Plan Support of Economic Development 277,578 - 399,407
Continue funding and resolution authority for two Industrial and
Commercial Finance Officer Is to implement activities related to
the 2021-22 Housing and Community Development
Consolidated Plan. Funding is provided by the Community
Development Trust Fund. Related costs consist of employee
benefits.
SG: $277,578
Related Costs: $121,829
14. Citywide Economic Development 109,303 - 160,265
Continue funding and resolution authority for one Senior
Project Coordinator to support Citywide economic development
activities. One vacant Senior Real Estate Officer is not
continued. Partial funding is provided by the Community
Development Trust Fund ($49,186). Related costs consist of
employee benefits.
SG: $109,303
Related Costs: $50,962

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