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BUDGET AND FUNDING <br />The implementation of Greater San MarcosÂ’ Strategy will require an allocation of <br />resources not previously committedto community and economic development in the <br />region. New expenditures and a more holistic approach facilitated by a new <br />economic development structure are called for. Based on the proposed staff <br />organization for implementation, new and/or re-assigned professional staff are <br />needed for implementation. Implementation costs will thus be inclusive <br />spending, but also the potential re-budgeting of certain existing organizational funds. <br />The following page contains a breakdown of the five-year budget for Strategy <br />implementation. Greater San Marcos Economic Development will no <br />staffing until the ninth month of the campaign, thus the first y <br />than the following four. Several line items will also require increased funding over <br />time, including cost of living salary adjustments. The total fi-year campaign cost is <br />$3.48 million, with an annual organizational budget of between <br />estimated to be <br />$680,000 and $750,000. <br />Implementation Plan 37 <br />September 2009 <br /> <br />