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Community Budget
Issue Requests - Tracking Id #997FY0001 Empowerment Zone |
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Requester: |
Diana Ragbeer |
Organization: |
Miami-Dade County |
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Project Title: |
Empowerment Zone |
Date Submitted: |
2/9/01 7:26:44 PM |
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Sponsors: |
Gustavo Barreiro |
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Statewide Interest: |
Will increase employment, international trade, permanent housing, contributions to State sales tax. |
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Recipient: |
Miami-Dade Empowerment Trust |
Contact: |
Diana Ragbeer |
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140 W. Flagler St. Ste 1107 |
Contact Phone: |
(305) 375-1256 |
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Miami 33133-0708 |
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Counties: |
Dade |
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Service Area: |
Government Entity |
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Project Description: |
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Continued capitalization of the Miami-Dade Empowerment Trust Revitalization initiative. |
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Measurable Outcome Anticipated: |
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An Empowerment Zone is a Federally designated area that targets County,State and Federal resources to stimulate economic development in distressed low income areas. The ultimate goal of an Empowerment zone is to use its limited resources to stimulate private sector investments, create jobs and stabilize neighborhoods. The underlying objective is to establish economically self-sufficient communities that contribute to the local economy and its tax base. |
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Amount requested from the State for this project this year: |
$10,000,000 |
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Identify item(s) in the Appropriations Bill to be reduced: |
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Specific Appropriation #: |
1821E |
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Specific Appropriation Title: |
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Amount to be reduced: |
$10,000,000 |
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Fund Source: |
General Revenue |
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Total cost of the project: |
$250,000,000 |
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Request has been made to fund: |
Operations |
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Type of funding match: |
Federal |
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Total Cash Amount: |
$200,000,000 |
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Was this project previously funded by the State? |
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Yes |
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Fiscal Year: |
1999 |
Amount: |
$3,275,000 |
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Is future-year funding likely to be requested? |
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Yes |
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Amount: |
$10,000,000 |
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Purpose for future year funding: |
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Recurring Operations |
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Will this be an annual request? |
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Yes |
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Was this project included in an Agency's Budget Request? |
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Unknown |
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Was this project included in the Governor's Recommended Budget? |
Unknown |
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Is there a documented need for this project? |
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Yes |
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Documentation: |
One Community,One Goal Strategic Plan,approved by Miami-Dade County, State of FL,U.S Dpt. of Housing |
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Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
Yes |
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Hearing Body: |
Miami-Dade County Board of County Commissioners, Miami Dade Legislative Delegation |
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Meeting Date: |
1/17/01 |
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