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DCCCD BOARD OF TRUSTEES’ INDICATOR REPORT
2001 - 02 Economic Development

Goal 6: The DCCCD in partnership with business, industry, and governmental entities prepares a quality workforce to enhance economic development.

The following indicators provide an overview of business-related contract training:

-- number of people trained, contract training hours provided,
-- number of firms entering into contracts, and
-- contract revenue received.

By completion of these contracts and grants, almost $10,000,000 in training will have been provided to area businesses. This market driven training is in direct response to immediate business needs and varies greatly from year to year.

Business-funded training is standard or customized training paid for by a business/employer. During 2000-01, DCCCD colleges contracted with 304 businesses to provide training to 31,921 individuals in both credit and continuing education formats.
 
 
 

Location
# Companies
People Trained
Training Hours
Revenue
BJP
13
720
14,995
$ 289,023
BHC
86
3,036
57,090
$1,338,713
CVC
20
2,171
473,435
$ 55,433
EFC
10
3,210
151,555
$ 627,698
ECC
41
9,052
632,585
$2,075,243
MVC
18
3,292
63,214
$ 510,840
NLC
88
7,315
371,163
$ 874,049
RLC
28
3,125
54,331
$ 794,925
TOTAL
 304
 31,921
 1,6818,368
 $6,56,924

Source: Self-reported by DCCCD locations

Skills Development (SDF) and Self-Sufficiency (SSF) Fund Grants totaling $4,054,914 financed college training to businesses resulting in 2,087 new jobs or people retrained.
 
 
 

Location
(#) and Grant Type
Jobs Created/People Retrained
Total Funded 
BJP, RLC
SSF
300
$949,550
BHC
(2) SDF, SSF
688
$1,426,570
CVC
(2) SSF
250
$695,842
NLC
(2) SDF
849
$982,952
Total  
 2,087
$4,054,914 

Source: Grant Status Report, September 2001, District Resource Development Office, September 2000-August 2001 reporting period

As a reminder, contract and grant amounts under-estimate total income since most training also generates state reimbursable contact hours. Depending on the training involved, a grant may produce contact hour reimbursement from one half to two thirds above the grant amount. Also, businesses often invest in training partnerships with significant in-kind resources such as training facilities, instructor time, equipment and materials that are not represented in the revenue amount.

Prepared by District Office of Research, November 2001,

2000-2001 Economic Development Indicator Report

2001-2002 Board Indicator Reports