The Administration's FY 2008 budget request for the Department of Housing and Urban Development (HUD) is $36.15 billion (31 percent decrease from the FY06 appropriation level – mostly due to a FY06 supplemental one-time funding for disaster relief). The department’s major priority for FY08 will be increasing home ownership.
The Administration’s FY 2008 request of $10.705 billion for the Department of the Interior (DOI) represents a decrease of 2.3 percent from the FY06 appropriation. The FY08 figure is 1.7 percent above the president’s FY07 request.
In preparation for the National Parks Centennial, the park service will receive the largest budget in its history with $2.1 billion. Indian Affairs, wildfire preparedness, landowner stewardship, rural water, and National Park Service construction bear the majority of the department’s cuts.
The Administration's FY 2008 request for the Department of Labor (DOL) is $10.6 billion in discretionary budget authority, a decrease of $900 million (7.83 percent less) compared to the FY06 appropriation level of $11.5 billion. Compared to the FY06 budget overview, the agency’s payroll would increase by 679 full-time equivalent positions, however.
The Administration's FY 2008 budget request for the Department of Transportation (DOT) is $67 billion. This funding would be distributed across the department's five key strategic objectives - improving safety (30.4%), reducing congestion (54.6%), increasing global transportation connectivity (2.1%), protecting the environment (9.8%) and supporting national security (1.4%) - with the balance of 1.7 percent going toward organizational excellence.
There are only four programs in the Treasury Department that SSTI monitors for the tech-based economic development community. Most of them are slated for termination or phase-out in FY 2008.
For the Environmental Protection Agency (EPA), the Administration has requested $7.2 billion for FY 2008, a 1 percent decrease from the FY07 request. Under the new budget, Science and Technology activities would receive $754.5 million (4.3 percent decrease). Within S&T, research activities would decrease 2.4 percent to $478.5 million.
The Administration’s FY 2008 budget request for NASA totals $17.309 billion (3.9 percent increase from the FY06 appropriation) and is distributed across six directorates and offices.
The Administration’s FY 2008 National Science Foundation (NSF) budget request of $6.43 billion represents an increase of nearly $409 million (6.8 percent) above the FY07 request. The large increase is distributed across many research and related activities:
Venture capital (VC) investments for the first quarter of 2001 totaled $10.1 billion, a staggering 40 percent less than the previous quarter, according to the latest Moneytree™ survey prepared by PricewaterhouseCoopers in partnership with VentureOne. Although VC investment now has declined steadily in each of the four quarters since the peak in the first quarter of 2000, the latest results mark the greatest quarter-to-quarter decrease in absolute dollar terms since the survey started.
Delaware
Gov. Ruth Minner, State of the State Address, Jan. 18, 2007
Did your New Year's resolutions involve making a career change? If so and you've yet to fulfill that resolution, visit the SSTI Job Corner at http://www.ssti.org/posting.htm.
In addition to the new opportunities described below, the SSTI Job Corner has openings for these positions:
Gov. Martin O'Malley has appointed Clarence Bishop to serve as interim secretary of the Maryland Department of Business and Economic Development, replacing Aris Melissaratos.
Mike Blouin has stepped down as director of the Iowa Department of Economic Development to become president of the Greater Dubuque Development Corp..
Gov. Martin O'Malley has appointed Clarence Bishop to serve as interim secretary of the Maryland Department of Business and Economic Development, replacing Aris Melissaratos.
Mike Blouin has stepped down as director of the Iowa Department of Economic Development to become president of the Greater Dubuque Development Corp..
Tucker Fagan announced he is retiring as CEO of the Wyoming Business Council to join his sons in starting a Wyoming high-tech company.
Gov. Eliot Spitzer has named Daniel Gundersen co-chairman of the Empire State Development Corp. in New York.
Gov. John Baldacci has sworn in John Richardson as the new commissioner of the Maine Department of Economic and Community Development.
Chris Roybal announced he is stepping down as senior economic development advisor of the Utah Governor's Office to become president and chief operating officer of the Northwest Research Corp., effective Feb. 2.
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
On December 9, two NIST programs will be hosting a meeting to explain how businesses can better take advantage of them. Officials from the Technology Innovation Program (TIP) and the Manufacturing Extension Partnership (MEP) will provide an overview and discuss future directions for the programs. SSTI is co-hosting the meeting because we see it as an excellent opportunity for TBED organizations and their clients to learn more about and provide input on programs that could see dramatic increases in funding in an Obama administration.
While which states top the list in the 2008 edition of the State New Economy Index will capture the attention of the media and therefore the majority of decision makers, the most important contribution of the 2008 Index in the current fiscal environment is its overview and final chapter. The Index, released Nov.
Penn State University is seeking an entrepreneurial leader for its Office of Economic and Workforce Development. This office serves to advance the economic well-being of Pennsylvania, ultimately by helping to create and retain jobs and enhance the skills of the workforce in the Commonwealth. The director of economic and workforce development reports to the vice president for outreach at Penn State's campus in University Park, Pa. A master’s degree or equivalent knowledge and at least seven years of related experience are required.