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PGCARES

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Prince Georgians Care
Articles Posted: 0  Links Seeded: 3080
Member Since: 1/2007  Last Seen: 5/22/2012

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Bringing Prosperity to Prince George's County

Seeded on Tue May 17, 2011 5:12 PM EDT
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politics, economy, maryland, prince-georges
Seeded by PGCares
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What we do for the environment affects us all. As I’ve said before, our borders don’t stop pollution. They don’t stop the
economy. And they don’t stop our residents from traveling across regional lines. This is an integrated region, and Prince George’s County will become the economic engine driving prosperity for all of us.

But in order to achieve that goal, we must commit the necessary resources. I have submitted legislation to the County Council that would create a $50 million Economic Development Incentive Fund.

This Fund, if approved by the County Council, will serve as one of many economic development tools we can use to
attract businesses and create jobs. The Economic Development Incentive Fund will be created from a one-time undesignated fund balance. We cannot use this money for recurring costs. If it is used to raise salaries, this fund balance will dry up in the next year or two, creating reductions in services, layoffs and furloughs.

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