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Issue 4: How the levy funds will be used


The Greater Cleveland Partnership has endorsed and is encouraging YES vote on Issue 4, the Cleveland Metropolitan School District capital levy, which supports a key goal of The Cleveland Plan: To ensure that every child in Cleveland attends a high-quality school and that every neighborhood has a multitude of great schools from which families can choose.

The levy’s funds, which will help ensure that CMSD students are educated in an optimal learning environment, will generate about $200 million of revenue for construction and another $2.5 million annually for maintenance. The CMSD facilities plan calls for 22 new schools to be built. And Issue 4 won’t raise taxes, even with the additional ½ mill for required maintenance.

In addition to major construction, the levy would provide revenue to invest in up-to-date technology and science labs to help prepare students for college and today’s jobs, other IT improvements to help district systems run more efficiently, and schools that are close to home with modern security systems to keep our children safe. Many of the new buildings also will have space for pre-school classes.

Get involved! Support Issue 4!

Thousands of Cleveland students need up-to-date schools to prepare for jobs and college. Here's what you can do today to help get the word out about the importance of passing Issue 4.

YES on Issue 6: The numbers explain why

The Greater Cleveland Partnership has endorsed and urges a YES vote on Issue 6, the Cuyahoga Community College (Tri-C) levy.

The numbers speak for themselves about the impact of Tri-C on Cleveland and Northeast Ohio and why passing this levy is so important:
  • For every $1 of support for Tri-C from Cuyahoga County, Tri-C provides a return of $10 in economic benefit to the community.

  • 85 percent of Tri-C graduates live and work in Northeast Ohio and contribute to the economic growth of the region.

  • 90 percent of Tri-C graduates from career programs find employment and 83 percent of those jobs are related to their field of study.

  • About 900,000 Cuyahoga County residents have come through Tri-C’s doors to improve their lives.

  • Issue 6, a levy renewal includes an increase that will only cost an additional $2.63 per month ($100,000 home valuation).

  • In 2013, more than 1,000 local companies hired Tri-C students or contracted with Tri-C to train their workers.

  • Without Issue 6, Tri-C would have to cut $40 million more annually, meaning drastic reductions in faculty, technical education, two-year transfer programs, job (re)training, and affordable access to higher education.

How you can support the campaign

GCP provides online employer information on Issues 4 and 6

The Greater Cleveland Partnership is pleased to provide information for our members and the business-community at-large to educate employees about Issue 4, the Cleveland Metropolitan School District levy, and Issue 6, the Cuyahoga Community College levy, and why it's so important to pass both levies.

You’ll find a summary of key facts, how you can to get involved to support the campaigns, and links to GCP Insight videos that discuss why we’re urging a YES vote on Issues 4 and 6. Use the quick links below.

Click for information on Issue 4.

Click for information on Issue 6.
 

Ohio's middle-market companies grow revenue, create jobs faster than national peers

Nearly two-thirds (64 percent) of the Buckeye State’s 5,000 middle-market businesses say overall company performance improved in the past year.

In fact, 73 percent of C-suite executives say revenue growth increased over the past 12 months at an average rate of 6.8 percent, and 74 percent added employees during the same timeframe at an average rate of 6.3 percent. By comparison, revenue growth is consistent with national middle-market trends (6.6 percent), while employment growth is nearly double (3.2 percent).

This first-of-its-kind research was conducted in collaboration with the National Center for the Middle Market, the Greater Cleveland Partnership and other Ohio metro chambers of commerce, and the Ohio Chamber of Commerce. It surveyed 102 executives (CEOs, CFOs, and other C-Suite executives) from mid-sized firms statewide to investigate past year growth, anticipated growth, confidence in the economy, and challenges.

“Middle-market companies in our region continue to make a strong showing,” said GCP President and CEO Joe Roman noting that more half of the middle-market companies in the state are located in Northeast Ohio. “Their resiliency and strength continue to drive our economy in a positive direction which is why GCP is focusing its resources through our Middle-Market Initiative to address the needs of these companies.”

Click to read more in the press release.

Middle-market perspectives: How to create a “climate of compliance”

Compliance with internal rules and external regulations is something every middle-market company must enforce regardless of how time-consuming or irrational it may seem.

National Center for the Middle Market contributor Chuck Leddy writes that regardless of how compliance is viewed, it is to your company’s advantage to create a “climate of compliance” to ensure that your business can respond to government regulations in timely way. His advice includes:

  • Clearly communicate that complying is non-negotiable, even if you believe that the rule makes little sense or is cumbersome to follow. At its most basic level, compliance is the cost of doing business.

  • Understand what compliance should look like. You may have to hire an outside consultant or work directly with the regulatory entity that issued the new rule to fully understand what systems and processes you'll need to implement.

  • Set up a process to regularly review your efforts to comply, coordinating both internally and externally. Set up a time to review and then make any changes necessary to strengthen your systems.


Click to read more.
 

Build a strong web presence to support sales and marketing goals

The advantage of a strong web presence for middle-market companies can serve as a great leveler between midsized businesses and larger competitors. With customers and prospects spending a great deal of time online, a compelling, effective website and strategized social media action can make a big difference.

Rob Carey, a National Center for the Middle Market contributor and features writer, recommends that middle-market companies aim their social media efforts at pushing people to the website where the company can present elements that it believes will move people to action.

He offers several suggestions on how to maximize your company’s web presence to engage site visitors and support marketing and sales objectives including:
  • Prioritize website design. More people are using mobile devices to access the Internet, so a site's design must be optimized so it looks and operates perfectly on tablets and smartphones, along with computers.
  • Test for fast load times. When site visitors follow a link to your site from any of your firm's social media platforms, that linked page must load quickly.
  • Relevant content promotes engagement. A website should be customized to present a company's culture, style, and value proposition, but the content that you post — be it words, pictures, audio, and video — should be useful to the audience even beyond its relation to your products.
Click to read more.

Northeast Ohio’s auto industry projected to outperform U.S.

Northeast Ohio automotive jobs and gross regional product (GRP) are expected to grow, outpacing the U.S. in the next decade, according to the Team NEO October 2014 Quarter Economic Review.

From 2011-2014, automotive GRP in Northeast Ohio grew 15 percent, from $2.5B to $2.9B.The GRP is expected to grow to a $4.5B sector, or 79 percent, by 2024. This increase outpaces the US automotive projection of 60 percent growth from 2011 to 2024.

On the jobs front, automotive employment in Northeast Ohio grew from 24,200 employees in 2011 to 26,200 employees in 2014, or about 8 percent. Between 2011 and 2024 Cleveland Plus automotive employment is projected to grow 19 percent to 28,800 employees. Over the same time span, U.S. automotive employment is forecasted to decrease by 3 percent.

Source: Moody’s Economy.com

Click to download the report.

Team NEO
is part of the regional economic development system that the Greater Cleveland Partnership helped to create and continues to support.