Who’s Funding Workforce Development?

Share on Facebook    Share on Twitter

Author:
Don Baylor /(512) 320-0222 x 108

April 6, 2005

Read Full Article >>  

Already overwhelmed by demand, the Skills Development Fund"Texas’ most successful state-funded workforce training program"is slated for massive cuts. The Senate is proposing to cut General Revenue appropriations for the Skills Development Fund by nearly 60%, or $14.5 million, compared to the current biennium. As a result, 9,000 fewer workers per year would receive customized job training. The Texas Enterprise Fund, a program designed to lure employers to Texas, compounds the funding crisis by using scarce Skills Development dollars as an incentive bonus for training costs that should be financed either by companies that are new to Texas or by the Enterprise Fund itself.