This movement is about the power of an idea to change the world. When policy makers view the ALANA communities as assets this will change the way programs are developed and implemented and in the process unleash new energy and innovation in Minnesota.
Over the years we have worked together to influence policy such as the map we proposed to the redistricting panel that protected ALANA economic interests and whose footprint is found in our current legislative maps. However there has been very little success in changing the deficit mentality of policy makers. Lots of good projects have been done in the state without a coordinated vision for the future and which integrates ALANA assets into the state's economic plan. A coordinated long term plan with sustained leadership at every level is what is needed - hence the resolution. To be successful we need you to affirm that this is the direction you want policy makers to take. You can do this in the following ways:
This movement will be led by the collective voice of our communities who can carry the message of "asset building" in unique ways. But make sure you post your activity on our blog so others can know about it and support these efforts. This movement begins with one voice, one tweet, one blog post ..and it will be up to the ALANA communities to take it from there.. www.ethniccapital.com |
Economic Portfolio
ALANA Communities in Minnesota, 2014 www.ethniccapital.com Buying Power 2012 (ACS 2012) · $ 12 billion (Calculated using total income minus 25 percent taxes) Annual Estimated Minnesota Taxes Paid (@ 11.5 % of Income) (ACS 2012) · $1.8 billion ALANA Firms – Survey of Business Owners 2007 · 31,074 firms with $5.2 billion in sales employing $37,805 with annual payroll of $1 billion. Ranked as a group will be the 15th largest firm in Minnesota and the 9th largest employer. Lifetime Earnings of Workers (25+) Discounted at 4 % · ALANA Lifetime worker earnings - $373 billion ( return on investment is the tax rate of 11.5 % in Minnesota) (Lifetime earnings using ACS 2012 and ACS Lifetime synthetic earnings data and Pew Research estimates) Annual Rental Payments 2012 (ACS 2012) · ALANA annual rental payments $1.3 billion to Minnesota property owners Value of Real Estate (Residential) 2012 (ACS 2012) · ALANA residential real estate $15 billion Worker Supply (High and Low Skilled) to the Minnesotan Economy, 2012 · ALANA communities supply almost 400 thousand workers to the Minnesotan economy |