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HomeMy WebLinkAboutMINUTES - 08102010 - C.76RECOMMENDATION(S): AUTHORIZE the Board of Supervisors to co-sponsor, with the Contra Costa County Family Economic Security Partnership, a forum titled, "Left on the Table in Contra Costa County: How to reclaim millions of dollars to boost Contra Costa’s economy", to be held September 16, 2010 at the Concord Hilton Hotel, as recommended by the Employment and Human Services Director. FISCAL IMPACT: No fiscal impact. BACKGROUND: The "Left on the Table" Forum is scheduled for September 16, 2010 at the Concord Hilton Hotel in Concord, California. The forum will feature the "Left on the Table" report, produced by the New America Foundation (http://assetsca.newamerica.net/publications/policy/left_on_the_table) released statewide earlier this year. The report estimates that California residents claimed $4.95 billion in Earned Income Tax Credits (EITC) in 2009; however, another $1.2 billion was left APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 08/10/2010 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Susan A. Bonilla, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Joseph Valentine, 313-1579 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: August 10, 2010 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C.76 To:Board of Supervisors From:Joe Valentine, Employment & Human Services Director Date:August 10, 2010 Contra Costa County Subject:Left on the Table Forum unclaimed BACKGROUND: (CONT'D) by about 800,000 Californians. Unclaimed EITC represent a lost opportunity to generate new business sales, jobs, income and tax revenue. Contra Costa's share of unclaimed EITC is estimated at $16.8 million in 2008 and $19.6 million in 2009 (80% of which would have been spent locally). If all the EITC were claimed, the authors estimate it would generate over $17 million in additional business sales and create over 100 new jobs in the County. The author is an economist from California State University-Fresno, who will be on hand to discuss the data and to present more detailed EITC analysis by city and ZIP codes. The forum will bring new partners in the Contra Costa EITC effort, including funders, tax preparer-volunteers and volunteer income tax assistance site providers. The forum is particularly targeting cities -- including mayors, city councils, city managers, and redevelopment staff -- and private industry. The Family Security Partnership is a public, private and non-profit collaborative dedicated to increasing the income and building assets of low-income families and individuals living in Contra Costa County. Members include Brighter Beginnings; Catholic Charities of the East Bay; CEO Women; Community Financial Resources; Community Housing Development Corporation of North Richmond; Contra Costa County Administrator's Office; Contra Costa County Employment and Human Services Department; Contra Costa County Service Integration Program; Contra Costa Crisis Center; Contra Costa County Health Services Department; Diablo Valley College; First 5 Contra Costa; Housing Rights, Inc.; Internal Revenue Service; Opportunity Junction; Rubicon; United Way of the Bay Area; Wardrobe for Opportunity; Women's Initiative for Self-Employment; Workforce Development Board; and Y&H Soda Foundation. CONSEQUENCE OF NEGATIVE ACTION: CHILDREN'S IMPACT STATEMENT: CLERK'S ADDENDUM Speaker: Ralph Hoffman, resident of Walnut Creek.