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May 24, 2017     Hays Free Press
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HaysFreePress.com May 24, 2017 Page 1D BY SAMANTHA SMITH Completing the remaining 2014 bond projects was one of the primary budget items Buda city leaders focused on during the city's intial budget meeting earlier this month. Overall, city leaders were encouraged by the outcome of the special budget meeting held at U.S. Foods, with Buda Mayor Todd Ruge saying he was "very happy" with the city's current position. The special meeting included a presentation regarding the expenses the city incurred this fiscal year compared to last fiscal year as well as the progress of the 2014 Bond projects. Ruge said the estimates Buda Mayor Todd Ruge said the estimates for Bond projects are "like a moving target," meaning that the cost of certain things has increased since 2014. for bond projects are "like a moving target," meaning that the cost of certain things has increased since 2014. "The budget for certain projects needs to be shaved down more at this point, but the municipal building and the police and public safety building are on time and on budget," Ruge said. Council members shared their vision and goals for Buda's new fiscal year, with city staff concentrating on the 2014 Bond projects, instead of adding additional projects to the budget. Council member David Nuckles suggested that the Economic Development Corporation (EDC), Main Street Advisory Board and the Chamber of Commerce should be working together to work towards the future growth of Buda. BUDA BUDGET, 4D 2014 Buda Bond Projects PROP 1 Municipal Facility The library and city hall are expected to be completed by April 2018, PROP 2 Public Safety Facility The public safety building is expected to be completed by October 2017. PROPS 3 AND 4, PROP 5 Street improvements, drainage projects, trails and parks These improvements include the following streets: Cabela's Drive, Railroad Street, Ash Street, San Antonio Street, Main Street and Old Goforth Road ,,, ',1 , i Workforce training high priority in Hays County BY MOSES LEOS III As more jobs arrive in the fastest growing area in the nation, training and retaining talent are the next greatest chal- lenges Hays County could face in the near future. Helping business and municipal leaders shape talent for tomorrow was a central point in the Greater San Marcos Part- nership's (GSMP)2017 economic outlook. .... John Thomaides, mayor of San Marcos, said collaborative lead- ership among civic leaders, employers and workforce institutions is one of the areas "biggest strengths." Thomaides said the 1-35 corridor, which the GSMP calls the "innova- tion corridor," requires San Marcos, Texas State University, San Marcos ISD and all Hays County communities to work together. "The labor force at Texas State is a strong draw for business," Thomaides said. Adriana Cruz, GSMP president, said the San Marcos area is seeing strong job growth com- pared to other cities in Texas and the nation. According to the Texas Workforce Commission, Hays and Caldwell Coun- ties have increased em- ployment by 30 percent, while there has been a 20 percent increase in busi- ness establishments over the past five years. Cruz cited a 2016 Forbes report that said ' the Austin/San Antonio region is the next "great metropolis." She also cit- ed a recent urban mining operation that chose to locate in San Marcos, along with the comple- tion of the Amazon ful- fillment center. But Cruz also believes the next step for cities and businesses is shap- ing and training the cur- rent workforce for the future. "The basic need is talent," Cruz said. "By training appropriate skills or work ethic, a company can add specif- ic customized training. Without that compo- nent, an area won't win economic projects." Shabaka Gibson, vice president of ADY Ad- vantage, said creating PHOTO BY KIM HILSENBECK Gary Job Corps instructor Guy Ben-Moshe shows a student in the Machinist program how to use one of the machines in the shop. Gary Job Corps trains students age 16-24 at its 800-acre facility in San Marcos in trades such as electrical work, materials handling, nursing aides, ma- chining, carpentry and more. "The basic need is talent. By training appropriate skills or work ethic, a company can add specific customized training. Without that component, an area won't win economic projects." -Adriana Cruz, Greater San Marcos Partnership president a vision tailored for the something they are chal- constructive criticism, is specifc region is one lenged to do," Brown also a priority when de- strategy to help solve said. "They think math is veloping the next work- talent issues in a com- insurmountable. But it's force, Lonnie Hall, direc- munity, like developing a muscle tot of the San Marcos Talking with stake- or skill, develop overGary Job Corps center, holders and public offi- time and it will improve." and Ruth Hughs, com- cials to gather qualitative Charles Cook, Austin missioner at the Texas and quantitative infor- Community College Workforce Commission mation on what trends chief academic officer, both emphasized. are coming up in the job said 60 percent of today's Hughs said promot- world is also important, jobs require post-sec-ing marketable skills is Engaging the next ondary training, whether also important for the generation of the work- it's a certification or de- younger generation. She force could also play a gree. said the TWC encourages role in developing talent "What was sufficient employers to provide for a community, Gibson with a high school internships, which can said. It begins by getting diploma is no longer help students in college parents to understand sufficient," Cook said. un-train any possible "today's manufacturing "Today, people should bad habits. isn't yesterday's menu- identify a career path"It's more than techni- facturing" and to press early and pursue it and cal skills, but also having upon their children the go after the good paying th~ soft skills in order value of careers in the jobs." to keep the job," Hughs science and mathemat- Cook added the more said. ics fields, high paying jobs the re- Hall said the industry Daniel Brown, Univer- gion has, the "better for has gotten away from sity College dean at Tex- the community it will getting business people as State University, said be." He said ACC also to go to schools and "talk workforce development gives students a "reality about expectations." is going to be the "rising check," to ask students "This is what we need tide that lifts all boats in about their future andin the industry, experi- this region." "think about what theyence and exposure," He said making sure want in their lives." Hall said. "But more im- students have strong An emphasis on teach- portantly, to have other math skills can lead to ing the "soft skills," such mentors for young peo- success in the future, as communication, self- pie so we can steer them "No one loves doing confidence and taking into their passion." "t's Graduation Sea- son again. If your .child is graduat- ing from high school or college, you have reason to celebrate. But what should you give to your newly minted diploma holder? You n-fight want to consider offering a combina- tion of financial gifts and tips, which, taken together, could set your graduate on a path toward a successful, independent life. What sort of gifts and tips should you consider? Here are a few ideas: Give a few shares of stock. Everyone should understand the financial markets and how they work. One great way to enCour- age this interest is to give your child a few shares of stock. Young people enjoy owning a piece of a company that makes the prod- ucts and services they like - and the very act of ownership can inspire them to learn more about investing and to ask questions: What causes the stock : price to go up or down? I How long should I hold this stock? Should I own several stocks like this one, or is it better :ito branch out to find new opportunities? Over time, in learning : the answers to these and other questions, your child can become familiar with investing and how to make the best choices. Encourage your graduate to open an IRA. Your child can open an IRA as long as he or she has some earned income. You might want to sug- gest that your child consider a Roth IRA, which, at the child's age and income level, may be a good choice. With a Roth IRA, chil- dren can access their contributions at any time, tax- and penalty- free. They can't touch the earnings without incurring both taxes and penalties, how- ever, until they reach 591/2. But you will want to encourage them to keep the money in their IRA intact, giving it the chance to grow. Financial Focus contributed by Jon Albright, CFP~ Provide some financial education. Unfo~ately,/most. young people don't really receive any kind of formal financial education. Of course, you can try to provide some of this knowledge to your own children, but, as you know, advice from Mom and Dad sometimes gets ignored. However, you might get better results if you arrange for your recent graduate to meet with a financial professional. As men- tioned above, owning stocks, and following their progress, can teach your children a great deal about invest- ing, but a financial professional can paint the "big picture" and explain how all aspects of money management - such as borrowing, budgeting, saving and investing-fit together to help individuals stay in control of their finances and make progress toward their important financial goals, such as buying a house and retiring in comfort. Recent gradu- ates, whether leaving high school or college, are at "turning points,' in their lives and can benefit greatly from understanding the im- portance of developing good, lifelong financial habits. Most of us can think of several money- related mistakes we've made over the course of many years. And your children will make some errors, too. But by providing them with some appropriate financial gifts and valu- able advice upon their graduation, they may well be better prepared to keep those mistakes to a minimum - while maximizing their ability to make good decisions. This article was writ- ten by Edward]ones for use by your local Edward ]ones Financial Advisor. iiiiiiiil! itlJ ! ii i