Ideas

Ryan Coonerty
Former County Supervisor | Santa Cruz, CA

Keep Your Money Local

Idea Category: Jobs and Entrepreneurship, Smart Government

Problem

Cities and counties have millions in reserve and special funds but most of those dollars are invested in large funds run out of state. Local financial institutions know their community and customers better than large banks, and therefore by having access to those funds can more effectively invest in the community.

Solution

County Supervisor Coonerty proposes investing a small percentage of these reserves in local banks and credit unions to keep the money local, creating jobs and more funds for these institutions to lend to citizens to start businesses, purchase cars or improve their homes, all of which help grow the economy.

More Idea’s From Ryan Coonerty

Former County Supervisor Ryan Coonerty: Novel Strategy to Address Mental Health and Homelessness

Idea Category: Equity & Opportunity, Healthcare, Housing | Funding Source: ARP

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ARP: Santa Cruz CA, Brings Broadband to 4,000 Rural Residents

Idea Category: Broadband | Funding Source: ARP

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The Santa Cruz Pact

Idea Category: Criminal Justice | Funding Source: ARP

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Thrive by Three

Idea Category: Healthcare | Funding Source: ARP

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Dump the Bad Banks

Idea Category: Smart Government | Funding Source: ARP

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Government by the Numbers

Idea Category: Smart Government | Funding Source: ARP

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