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jobs fairs and having assistance from traditional area/regional job finding assistance agencies. <br />Assistance with recruiting out of area employees and promoting employment opportunities <br />available here in the county was suggested. <br />Also, while the proposed methodology offers some streamlining, it still requires submittal of <br />quarterly wage reports and an employee census (wage reports allow staff to verify wages paid and <br />the employee census allows staff to verify that jobs are going to employee that live in area/region). <br />Thus, the proposed methodology uses the same reliable source for job and wage level verification. <br />Funding <br />For the local jobs grant program, funding comes from County General Fund contingences over` <br />multi-year time periods covered by each local jobs grant award agreement. <br />CONCLUSION <br />Based on the analysis conducted, staff has determined that the proposed modified local jobs grant <br />payment calculation methodology of using average wages paid will: <br />1. Slightly increase potential local jobs grant payouts to companies by recognizing wages <br />paid for full time jobs lasting less than an entire year. <br />2. Simplify the payment calculation. <br />3. Reduce staff time involved in administering the program. <br />4. Make it easier for a company receiving a jobs grant to understand how staff calculated the <br />payment amount. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners approve the use of the proposed new <br />methodology for calculating jobs grant payments. <br />ATTACHMENT <br />1. Current Methodology to Verify Compliance with Local Job Grant Wage Requirements <br />2. Proposed New Methodology <br />3. Unapproved minutes from the June 20, 2017 EDC Meeting <br />4. August 9, 2017 BCC Memo from Commissioner Solari <br />5. Unapproved Minutes from the August 15, 2017 BCC Meeting <br />F:\Community Development\Users\EDplannr\INCENTIVES & FUNDING\]OBS GRANT PROGRAM\PROPOSED NEW METHODOLOGIES <br />- 2016-2017\Agenda Items\BCC agenda item October 17th 2017 - Revisions to jobs grant computation method V2.docx <br />P158 <br />