Finance/Government Operations and Economic Development Committee

meeting

Loudoun County Board of Supervisors 1h 31m 5 speakers 8 agenda items transcribed 5 days ago official recording ↗

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What items were approved in the consent agenda at the start of the meeting?

Juli E. Briskman 0:01

I would like to call to order the March 11th, 2025 Loudoun County Board of Supervisors Finance Government Operations and Economic Development Committee meeting. Excuse me. This room has a hearing loop. If you need hearing assistance, switch your hearing aids to telecoil mode. If you need a headset, we have those as well. Please ask the clerk to request one. Our questions and comments, are not timed however once a motion is on the table committee members will have three minutes to ask questions and make comments during the motion the proposed consent agenda is as follows excuse me again item two quarterly report fy 2025 second quarter financial update cash proffer report and debt report Item six, contract renewal public safety two-way radios and related equipment.

Juli E. Briskman 0:51

Item seven, contract renewal day support and employment services. Item eight, contract award roadway and transportation design services. Item nine, award authority increased roadway and civil design services for West Wind Drive from Loudoun County Parkway to Old Ox Road. And item number 10, Loudoun Museum Memorandum of Agreement. Is there a motion? Thank you. Do we have a second for the consent agenda? Second. Thank you. The consent agenda was moved by Chair Randall, seconded by Supervisor Sainz. Is there any discussion? Okay, great. All those in favor, please say aye. Aye. Any opposed? That motion will pass 4-0-1 with Supervisor Letourneau off the dais. We will now move to the Finance, Government, Operations, Economic Development Committee information items.

Juli E. Briskman 1:45

Hello. First up, we have the monthly Department of Economic Development report with Buddy Riser. Hello.

Buddy Rizer 1:56

Good evening, everyone, and we have with us tonight from the EDA, Carmen Ortiz-McGee, and she'll have a quick update after our update. As part of our Small Business Week, the third annual Small Business Summit is scheduled for Tuesday, May 6th, from 8 a.m. to 1.30 p.m. I know a few of you have been to this in the past. This is at the Lodge at Hanson Park in Brambleton. Keynote this year from Rohit Bharaga, he is a three-time wall street journal and usa today best-selling author of 10 books and is widely considered one of the most entertaining and original speakers on trends innovation and marketing in the world and then we're going to do a deep dive on customer service with louis gervais he is the author of your superpower

Buddy Rizer 2:41

Service as Your Superpower. He worked at the Disney Institute, and he is an acclaimed author. The registration is already open at biz.loudoun.gov slash smallbusinesssummit, and it is going fast, so please register soon. A couple of rural updates. DED hosted the second Loudoun Farm Exchange event at Harmony Hall in Hamilton on February 25th. The event provided networking opportunities for Loudoun farmers and rural support businesses in support of DED's online Loudoun Farm Exchange website. Over 120 attendees attended this event. Local farms, trusted suppliers, they identified products, services, and partnerships for the upcoming season. It was a great event. Through the end of February, DED has reported 106 wins, 3,850 jobs, and $7.84 billion in commercial investment.

Buddy Rizer 3:36

Nationally, 151,000 jobs were added in February, but the unemployment rate increased from 4.0 to 4.1. The February payrolls number showed federal government employment declined by 10,000. December is still the most recent month for local unemployment data. The rate was 2.3 for Loudoun County, 3.0 for Virginia. The unemployment data has not yet been released for January. Newly posted jobs in Loudoun County in February, 3,616. That's up from 3,011 in January. And active jobs in Loudoun County in February, 11,642. That's down from 17,095 in January. The most recent CPI report showed price increases in January up 3% compared to a year earlier. That's up slightly from 2.9 in December and 2.7 in November. The next monthly CPI report, Consumer Price Index, will be released tomorrow.

Buddy Rizer 4:34

DED is responding to the federal workforce situation as part of the overall county response. We're doing the Loudoun Resilience Initiative, or LRI, a dedicated program and one-stop portal for residents affected by federal layoffs.