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MAR 61990 BOOK 79 446 CHAIRMAN'S & EXECUTIVE DIRECTOR'S MESSAGE As Chairman and Executive Director of the Treasure Coast Private Industry Council, we are proud of the PIC's accomplishments during this past year. We met and exceeded all eight performance standards set by the State and were awarded a bonus of $275,235 for outstanding performance in 1988, the fourth highest award in the state and the highest ever locally. More than 2,000 people were served by us during the year and 77% of the unem- ployed adults entering our program left it employed. Approximately one-half of these people were on public assistance when they came to us, 10% were handicapped, and one- fourth were dropouts needing remediation and basic skills as well as job skills. Sixty-seven percent (679/6) were still employed at year end and the average wage at placement for all participants was $5.20 per hour. We offered computer-assisted remediation in all high schools and assisted in initiat- ing a Performance Based Alternative Program at Fort Pierce Central High School. Ninety- three percent (930/6) of all youth served by us attained a state measured skill competency or employment and 91% of those employed remained employed at follow-up, the highest percentage in the state. We have assisted former welfare recipients and consumers of our tax dollars to be- come employed and contributors to our tax base at a 75% success rate. Every tax dollar in- vested in them is now being returned to the local community at a rate of over two and one- half times. Follow-up showed that 70% of the former welfare recipients we placed in jobs were still there and statewide statistics show us to be 25% above the state average for long term retention in jobs by this group. Our spending boosted the local economy by $4 million and more than 10% of that was paid directly to employers either in cash for training or in certificates for tax benefits for hiring the economically disadvantaged. Many industry specific training programs were developed and our Grove Equipment Operators Training Program received a "Midas" Award from the State Job Training Coordinating Council. State recognition was also received for our economic development marketing efforts. Our cooperative, innovative approach to employment and training was recognized locally by the St. Lucie County Council of Social Agencies; statewide by the Governor's Employ- ment Alliance; and nationally by the National Alliance of Business. The Private Industry Council is making a difference on the Treasure Coast. We thank our dedicated PIC members and staff who have made contributions above and beyond to assist residents of the Treasure Coast to a better life and make that difference a reality. RICKEY L. FARRELL Chairman NAN GRIGGS Executive Director Upon conclusion of the presentation, the Board expressed their appreciation of the outstanding job that the council has done in Indian River,County, and wished them well in the next year. 1988-89 ANNUAL REPORT IS ON FILE IN THE OFFICE OF THE CLERK TO THE : • ' It 14