“BE FIRST MY FRIEND” RANDY QUISENBERRY

LOCAL GOVERNMENT INNOVATION FUND

INTEGRATED DEVELOPMENT BUDGET

LOCAL GOVERNMENT INNOVATION FUND 2012

Round 2 Awards Announced

Beavercreek Township was awarded a loan for $465,000 to implement the MARCS system with seven collaborative partners.

Round 3 Applications Under Review

The application period for Round 3 of the program is now closed. 87 requests for grant funding and three requests for loan funding were received. Awards will be announced by early December.

Local Government Innovation Fund (LGIF) The Local Government Innovation Fund (LGIF) offers communities

financial assistance to create more efficient and effective service delivery within their area. Projects are expected to facilitate improved business environments and promote community attraction with their plan for efficiency, collaboration, or shared services. Communities will be able to save money and provide more effective services to their constituents with assistance from this program.

The LGIF program will award up to $100,000 in grant funds per feasibility study, up to $100,000 in loan assistance per entity for demonstration projects, and up to $500,000 in loan assistance for collaborative demonstration projects. Award amounts for applicants with collaborative partners are limited to $100,000 per applicant and $100,000 for each collaborative partner up to $500,000. Grant funds will be awarded semi-annually and loan funds will be awarded quarterly through a competitive and open selection process.

LGIF Butler County & Sourcing OfficeKey features:

$100K Develop an Integrated Development

Budget 5 project examples from Butler County Kick-off Meeting held October 31st

4 Universities participate: Miami U., Kent State, Cleveland State and Bowling Green

Purpose/Goal: Create IDB and model

LGIF Economic Development Professionals Representing Communities

West Chester Township City of Hamilton City of Trenton Greater Hamilton

Chamber of Commerce Liberty Township Butler County Port

Authority Board Members Butler County Finance

Dept.

BCEO and TID City of Middletown City of Fairfield Workforce One

Participants in Meeting Future Participants

INTEGRATED DEVELOPMENT BUDGET CATEGORIES

1. Appropriated Funds for Economic Development, Community

Development and Planning

2. Incentives – everything that would be provided by a local

3. Development Infrastructure and Services - including fiber and

Information Services

4. Workforce

5. Other hybrid items such as JEDDs

INTEGRATED DEVELOPMENT BUDGET

IDBNew

Activities IDB Future

Today Tomorrow

Current

TID

ROI/MetricsTools & Fiscal /CBA

Integrated Development Budget

Economic Development

Community Development

Planning

Workforce Development

Public Works*

Appropriated Funds

Incentives

Development Infrastructure & Services**

JEDDs & TIFFs

*Water and Sewer**Includes IT/IS & Fiber

Innovation in Funding and Organization for Economic Development

Workforce Development collaboration the #1 priority area for a phase 2 grant.