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VEZ Local Zone Administrators

VEZ Local Zone Administrators. Welcome Who is on the line? (introductions). VEZ Local Zone Administrators. Staffing Updates. VEZ Legislative Changes. Attestation Changes -JCG Under 100 employees Creating 25 FTEs or more No longer need CPA attestation

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VEZ Local Zone Administrators

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  1. VEZ Local Zone Administrators • Welcome • Who is on the line? (introductions)

  2. VEZ Local Zone Administrators • Staffing Updates

  3. VEZ Legislative Changes • Attestation Changes -JCG • Under 100 employees • Creating 25 FTEs or more • No longer need CPA attestation • DHCD staff will monitor each submittal every year

  4. VEZ Legislative Changes • Redesignation language • Specifically refers to non-competitive addition of locality to existing joint zone under very SPECIFIC circumstances • Extreme & sharp job loss through closure of major regional employer • Revenue–sharing area

  5. VEZ Budget Update • Did not have to pro-rate 2010 grants (FY’11) • FY ‘12 = $15.65 million • Around 2007 funding levels

  6. VEZ “How to Qualify” Workshops • Dec. 7 in Abingdon • Dec. 8 in Martinsville • Dec. 9 in Richmond • .pdfinvitation forthcoming

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