Title
Dept/ Agency: Economic & Housing Development
Action: ( X ) Ratifying (X) Authorizing ( ) Amending
Type of Service: 2011 - 2012 Annual Budget for Newark Workforce Investment Board
Purpose: Reading & Adopting 2011-2012 Annual Budget for Newark Workforce Investment Board
Amount: $191,000.00
Budget Period: July 1, 2011 - June 30, 2012
Additional Information:
Budget Introduction authorized by Resolution 7R3-G(AS) 091510
body
WHEREAS, the Workforce Investment Act of 1998, enacted by the 105th Congress on August 7, 1998, Public Law 105-220 (hereinafter referred to as the "Act") requires the establishment of locally designated Workforce Investment Areas and the appointment of local Workforce Investment Boards in order to receive an annual allocation of Act program and administrative funds; and
WHEREAS, the Governor of the State of New Jersey has designated the City of Newark as a Workforce Investment Area eligible for receipt of federal Act funds and state formula and non-formula funds; and
WHEREAS, as required by the Act, the City of Newark and the Newark Workforce Investment Board (“NWIB”) have prepared a Memorandum of Understanding, which sets forth the roles and responsibilities of the parties as defined in the Act which provides for the development of a comprehensive, integrated and market-driven workforce investment system; and
WHEREAS, on September 15, 2010, the Municipal Council of the City of Newark approved Resolution 7R3-G(AS) authorizing the Mayor of the City of Newark, as the Chief Elected Official of the Newark Workforce Investment Area, to enter into a Memorandum of Understanding, as required by the Federal Workforce Investment Act of 1998, Public Law 105-220, with NWIB, a 501 (c) (3) not-for-profit corporation established in the State of New Jersey with its principal offices at 990 Broad Street, Newark, NJ 07102; and
WHEREAS, in accordance with the requirements of the Act, the NWIB has prepared and...
Click here for full text