Page 272 - 2022-23 Blue Book Vol 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 BusinessSource
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 (2,069,694) - (2,868,479)
Related costs consist of employee benefits.
SG: ($1,770,882) EX: ($298,812)
Related Costs: ($798,785)
Continuation of Services

8. Consolidated Plan Support for Economic Development 281,520 - 408,007
Continue funding and resolution authority for two Industrial and
Commercial Finance Officer Is to implement activities related to
the annual Housing and Community Development
Consolidated Plan. Funding is provided by the Community
Development Trust Fund. Related costs consist of employee
benefits.
SG: $281,520
Related Costs: $126,487

9. Citywide Economic Development 225,896 - 333,021
Continue funding and resolution authority for two positions
consisting of one Senior Project Coordinator and one Senior
Real Estate Officer to support Citywide economic development
activities. Partial funding is provided by the Community
Development Trust Fund ($48,543). Related costs consist of
employee benefits.
SG: $225,896
Related Costs: $107,125

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