Nonprofits brace for budget emergency aftershocks, IOUs - Charlotte Business Journal:

xysecurakihir.blogspot.com
While service providers don’t yet know whether they’ll receivse IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santas Clara, is prepared for the worst. “Wwe receive about $400,000 in state funding,” Harlanb said. “We’re already accustomex to getting money from the state late last year, for it took until December before we finallhy got paid.” For this year and last year the center has reliede on a $150,000 line of credit through to cover the gap, alont with $500,000 out of its reservde funds. The center’s operating budget is $10 milliom for fiscal 2009-10.
The money that may be on hold from thestatw covers, in part, the center’s sheltee and drop-in program, street outreach, and parentinvg classes. “The problem right now is that we don’tf know for certain how much they’re going to hold said Harlan, who has been with the centet for26 years. “But this is by far the worsy I’ve ever seen.” In anticipation of the state’se budget problems, 10 percent cuts have already been plannedfor foster-care payments. Locally therd are 300 to 400 kids infostefr care.
Foster care rates are the same across the so familiesin high-cost areas such as the Bay Area get the same amounf of compensation as people in more affordabl places. “We’re fronting half a million dollarss already,” she said. It’s a layered proble for the center, since in addition to state money some comes from the federap Housing and UrbanDevelopment department. And Harlan said HUD is so slow it can take up to six monthxs for payments tobe received. “We’res hoping to get paid by she said. “Nonprofits are just getting Harlan said the Bill Wilso Center has closed down two programs already and cut about 15 percent of its leaving about110 employees.
Thes are real layoffs, she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one stafff person a layoff notice and a week laterd his wife was laid off from another she said. in Campbell gets abouty $500,000 a year from the statr for its AIDS CFO Ira Holtzman said the agency is largs enough and financially stable enough that he woulc just book an IOU as accounts receivable and hope the moneyt camethrough eventually. The Healtb Trust’s budget for fiscal year 2010 is morethan $16 Holtzman said.
Pam Brandin, executiver director of and Visualluy Impaired, which has offices in Palo Alto andSantwa Cruz, said that even though her agencyt provides the kind of services that are especiallyg at risk in State Controller John Chiang’sd plan, the Vista Centeer is relatively safe. “We receive money through Title 7 Chaptef2 services,” Brandin explained. “Sincd much of our funding is federalmoneyt we’re hoping that it has to be releasedc and passed on; the state won’t be allowedx to hold on to it.” The Vista Centet also has school contracts througgh special education funding.
“Lastt year when the state had similar budgey issueswe didn’t receive any IOUs,” she “but that situation was resolved sooner than this appeards to be. The agencies that receive IOUsprobabluy won’t even know they’re coming unti they submit their bills.” She’s also bankinbg on Vista Center’s status as a preferred vendor with the state, “so we’ll be paid in advance of othed vendors — if in fact the statde is even writing checks.” Lisa president & CEO of Avenidas Rose Kleiner Senior Day Healtj Center in Palo Alto, is also cautiouslg optimistic.
“The only funds we receivde from the state are MediCal payments for services providecd at our adultdaycare center,” she said. “Ourr understanding is that those services are protectedd by the state constitution as well asfederal law. We do receivew funding indirectly throughthe county, but we don’t expect that to be Tom Kinoshita, public policy director of the , said peopled are on pins and needles. “Everyone’s sitting arounds waiting, not knowing what’s going to happen. But even with the most optimistic outcome it’s still going to be very ugly.
” He pointedf out that the deficit last year for Santsa Clara County was more than $270 million, and many of the cuts were made in programs around health, mental health, drugs and alcohol and sociak services. And there’s no relief on the horizon: For 2011 the county is looking at a deficitg ofabout $250 million, he said.

Garcia strikes deal at Santa Fe auto park - Baltimore Business Journal:

hustbelogehy1857.blogspot.com
Albuquerque’s is leading the charge. It is expectecd to announce shortly the acquisition of the Hyundai franchise in Sant a Fe and is making acquisitione inEl Paso. Sources indicate the deal has been completedd in Santa Fe and that Garciza will open its new Hyundaoi lot in the Cerrilloa Road Auto Park in Bob Pitre isselling Hyundai, but retaining his Mitsubishiu franchise there at his 1955 St. Michael’e Dr. location. Pitre acknowledged a deal has been but because ofconfidentiality agreements, couldn’t give Garcia said a deal would be announced shortly, but offerec no details. Pitre continues to operats his Pitre Buick dealershilin Albuquerque.
Garcia is also said to be expandingh toEl Paso, with the acquisitionm of two dealerships there. Specializing in brands such as Mazda, Subaru, Infiniti and Saab, Garciq reportedly has not been as affecte d by the economic slowdown as his domesticx cardealer competitors. With domesti c auto sales off by more than 30percenf nationally, New Mexico has been far from immune. High-profile closures includ Zangara Dodge at Lomasand Wyoming. Saturn of Albuquerqur also was shuttered by this and others are said tobe teetering. The bankruptciez of Chrysler and GMC have further muddled the prospectsz forlocal dealerships, although other issuexs are said to be more problematif currently.
Earlier this year, industry experts speculatedc that as many as 50 percent of locaol dealerships could disappear inthis “There are not a lot of questions about Chryslert going away, since the government has backedr the warranties and it is out of bankruptcy. The biggesgt problems now are the economy and the consumergettingv financing. The banks are a lot tougher and scrutinizinyloans more,” said Bill Melloy, general manager of in Despite a sales drop this year of more than 10 percen t that led to 40 layoffs and the reductiobn of $400,000 in expenses, Melloy said if the right opportunit to make an acquisition comes along, his compangy would consider it.
The bright spot for car dealersz this spring has been on their used car A brisk business in 2005 to 2008 models has developedd as consumers are lookinf for cars pricedunder $20,000, but that stilp have service warranties. These sales enable dealers to generatew cash and stayin business. “The used car businesse is improving and is aheafd 10 to 15 percent for usthis year,” said Gary the owner of GM dealerships in Los Lunaz and Moriarty. “The price of used cars is goinhg up because there are fewer new cars comingf intothe market. Used car sales will strengthehn over the nextsix months.
”

UNC nominates Washington

sucujovide.wordpress.com
Swanson is currently a professof and chair of the family and child nursing departmen atthe . She already has accepted the UNC position, but she must be confirmedf bythe univerity’s Board of Trustees. "Dr. Swanson has earned a national reputation forher teaching, research and contributions to the nursinyg field," said Executive Vice Chancellor and Provost Bernadette Gray-Little. "She has the right experiencse and skills to build upon an already excellenr School of Nursing that is committedc to helping meetthe health-care neede of North Carolinians." Linda who served as dean for 10 will step down in July and return to the facult next year as a professor.
Swansonm is a fellow of the and an alumnqa of the Robert Wood Johnsom Executive NurseFellows Program. She has developed a nationalp reputation for her researchon caring, responsexs to miscarriage and interventions to promote healing after early pregnancy Swanson is a nativee of Rhode Island and graduated with a bachelor’zs degree from the in 1975. She earned a master’s degree from the in 1978 and a Ph.D. in nursingb from the in 1983. She joinexd the University of Washington in 1985 as apostdoctoral fellow. She became a research assistant professotin 1987, assistant professor in associate professor in 1993 and full professorf and chair in 2000.

Manufacturing company gets $300,000 state award - South Florida Business Journal:

ogarawo.wordpress.com
, which has a manufacturinbg facility in Pompano Beacu and an administrative facility inDeerfield Beach, in June was givebn a Quick Response Training (QRT) grantt through Workforce Florida. The money, which Hoerbiger can tap over a two-yea period, will go toward training 272 existin g employees and up to 58 new employees inPompani Beach. Hoerbiger will use the money for a varietyy oftraining purposes, including computer systems usage and business development, said Debbie McMullian, who administers QRT grantd for Workforce Florida.
The money will be distributedd in increments as the training The company will receive the money according to the numbedr of employeesit trains, up to the full $300,00p0 if it trains all 330, McMullian added. worked with Hoerbiger on the QRT grant so the compan y could maintain and add jobs tothe county’e manufacturing base, alliance President and CEO James P. Tarltob said. Manufacturing, a smallp portion of South Florida’s overall is hurting because ofthe recession. Hoerbiger, whicyh offers quality jobs, is a good investment for the QRT Tarlton noted.