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

Learn More

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

Idea Category: Broadband | Funding Source: ARP

Learn More

The Santa Cruz Pact

Idea Category: Criminal Justice | Funding Source: ARP

Learn More

Thrive by Three

Idea Category: Healthcare | Funding Source: ARP

Learn More

Dump the Bad Banks

Idea Category: Smart Government | Funding Source: ARP

Learn More

Government by the Numbers

Idea Category: Smart Government | Funding Source: ARP

Learn More

Subscribe

Recent News

NewDEAL Statement on Presidential Election: The Voters Have Spoken, and the Work Continues, Says NewDEAL CEO Debbie Cox Bultan

,
For Immediate Release Contact: Jared DeWese, 202-660-1340…
LEARN MORE

Reproductive Rights Are a Five-Alarm Fire. State Legislators Must Act.

Debbie Cox Bultan and Rafael Anchia | The Barbed Wire
LEARN MORE

Economic and Fiscal Impact Statement for All Road Capacity ExpansionsCollege Savings Program