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YMC board hears appeals for funds

August 29, 2012
By Steve Browne , Marshall Independent

GRANITE?FALLS?- The Yellow Medicine County Board heard three requests for budget allocations at its regularly scheduled meeting on Tuesday. The board will discuss the 2013 budget in September and vote on it later this year.

Garrett Backus, representing the Southwest Initiative Foundation (SWIF), requested a county contribution of $3,100 for 2013.

SWIF is a regional community foundation, which operates in 18 counties of southwest Minnesota, providing financial assistance for economic development projects. Since SWIF was founded in cooperation with the McKnight Foundation in 1986, it has awarded 45 loans totaling $1,800,000 to businesses in Yellow Medicine County, according to Backus.

Any contribution by Yellow Medicine County will be matched by the McKnight Foundation, Backus said.

Liz Struve, representing the Small Business Development Centers, asked the board to contribute $10,000. SBDC provides expert consulting for entrepreneurs wanting to start or expand small businesses in an 18-county area and is headquartered at Southwest Minnesota State University.

In 2011, Struve said, SBDC provided services totaling 593 consulting hours to 28 clients in Yellow Medicine County, equivalent to 18 percent of all services provided in the region. In 2012 to date, SBDC has provided 286 consulting hours to 19 clients in the county, or 14 percent of all services provided in the 18-county region.

Lyon County has supported SBDC with contributions of $10,000 per year for several years, Struve said. This year Lincoln County made a first-time $500 contribution. SBDC approached the Yellow Medicine County Board in 2011 for a contribution, which the board declined.

Representing Countryside Public Health, Liz Auch asked the board for $102,000 for 2013, an increase of $2,000 over the county's 2011 contribution.

Countryside Public Health is an agency created by a joint powers agreement between Big Stone, Chippewa, Lac qui Parle, Swift and Yellow Medicine counties to provide public health services and for the prevention of disease.

 
 

 

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