1. Presentation to be given at: Senate Budget Subcommittee on Transportation, Tourism, and Economic Development House Transportation & Economic Development Appropriations Subcommittee Presented by: Doug Darling, Executive Director Tuesday, November 15, 2011

2. Schedule VIII-B Reduction Exercise  Based on Senate Bill 2156 from the 2011 Legislative Session, the Department officially opened for business on October 1, 2011.  The Department submitted its first Legislative Budget Request on Tuesday, November 8, 2011.  10% recurring reduction targets for FY 2012-13: General Revenue = $2,504,429 State Trust Funds = $3,674,191 2

3. General Revenue  Eliminates 100 percent of the General Revenue provided for Salaries & Benefits and Expenses in:  Executive Leadership – 3 FTE and $377,144  Finance & Accounting – 4 FTE and $33,062 (additional funds taken for these positions in Community Planning)  Information Technology - $9,867  Schedule VIII-B General Revenue administrative reduction totals:  $420,073 cut and 7 FTE eliminated 3

4. General Revenue  Community Planning staff are responsible for reviewing comprehensive plan amendments, developing regional impact statements, providing technical assistance to local governments, and determining the validity of challenges to land development regulations.  Schedule VIII-B General Revenue Community Planning reduction of $741,550 (31% of funds eligible for reduction) :  $551,774 cut and 7 FTE program staff eliminated  $189,776 cut related to 4 vacant FTE in Finance and Administration 4

5. General Revenue  The Division of Strategic Business Development:  Administers economic development incentive programs  Supports Florida’s economic development public-private partnerships  Engages in intergovernmental planning for economic development strategies.  Houses the Office of Film and Entertainment  Schedule VIII-B General Revenue Strategic Business Development reduction totals:  $317,806 cut and 3 FTE program staff eliminated  31% of funds eligible for reduction 5

6. General Revenue  To meet the General Revenue reduction target, the Department proposes a 5 percent reduction to three programs funded with recurring General Revenue  Ready to Work Program - $2,300,000 funded in base 5% reduction = $115,000  Office of Economic Development & Engagement at UWF (Disproportionally Affected Counties) - $10,000,000 funded in base 5% reduction = $500,000  VISIT Florida - $8.2 million funded in base 5% reduction = $410,000 6

7. State Trust Funds Schedule VIII-B reductions to state trust funds include:  Reduce Targeted Administrative Expenses in Workforce Development and Community Planning:  Reductions total $109,237 and are taken in Salaries & Benefits, Expenses, and Operating Capital Outlay budget authority  Eliminate the Displaced Homemakers Program  Reduces $1,816,434 from the budget and revenues earmarked for the program could be redirected to other priorities 7

8. Federal Trust Funds In recognition of the anticipated workload reduction in the unemployment compensation program, the Department proposes:  Eliminating 10 FTE at a projected savings of $466,576  Eliminating 200 OPS Staff at a projected savings of $5.6 million 8

9. Questions? Doug Darling Executive Director Florida Department of Economic Opportunity 107 East Madison Street Tallahassee, FL 32399-4135 850-245-7298 | www.floridajobs.orgwww.floridajobs.org 9