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Ready to Work proposes $42.8M FY27 budget as program plans a phased wind‑down to 2030
Summary
Ready to Work leaders presented a $42.8 million FY27 budget, reported improved completion and placement metrics and an ROI analysis, and outlined a planned taper of services through FY30; council pressed for occupation‑level placement data, veteran eligibility clarifications and employer engagement details.
City staff presented the Ready to Work FY27 proposal and program update to the City Council’s B session on April 15, emphasizing recent growth in completions and job placements as the program moves toward a planned wind‑down by FY30.
What was presented: Mike, the Ready to Work presenter, said that as of March 30 the program had more than 15,000 individuals enrolled, roughly 4,700 currently in training, 6,502 successful training completions and 4,358 approved job placements. He said the program has improved its monthly completion and placement volumes over the last 12 months and reported a 60–62% successful completion rate depending on how the cohort is measured. An ROI study by Dr. Niven presented at the briefing estimated a total economic impact of about $11.8 billion over participants’ working careers to October 2025, with $7.5 billion attributed to increased participant household income; the presenter…
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