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College board ap capstone portfolio for money capstone for brick mailbox sample report writing format spm fizik Madam Secretary thank you for being here a couple questions when did you receive the federal funding I'm sorry which federal funding the 133 million i think there's none sir I understand your question now you're talking about you see dollars I believe it comes to us in quarterly payments or is it by annually the federal limit let me the federal fiscal year is different than the state fiscal year comes to us Ember yes october one through September 30th and we get it quarterly ok so at 133 million you made some decisions based on 56 million dollars of state funding to lay off approximately 500 people yes I believe if I'm not following your question I'm trying to understand why we didn't go with 133 million that was going to be coming in back of a napkin math I got my of eight months if it started in September and you laid off in December I'm just confused on that matter when we ran and I think I understand your question we ran the numbers actually starting back in August and but continually on a practically weekly or bi-weekly basis from August until November eighteenth when we had to do the layoff notices once we hit april of this year April of 2017 we ran in the red and we never recovered from it based on when our quarterly payments were coming in and so the longer i delayed any kind of lay off the more i would have to lay off to get out of the red and back into the black and that was the decisions that we're being made all along is the longer we delayed the the sooner we ran the red ink and could but we couldn't get out of but based on the what we had in federal dollars and the end of state dollars on December 30th come April of this year we ran red ink that we couldn't recover from so could we laid off less and made it to June know if we laid off less we would I ran red ink before April before ok so my other question then reverts to the state funding with 56 million dollars 500 people are all these employees making over a hundred thousand dollars a year no the average cost of our workers in our complement is in terms of what they make is 49-7 I believe and I don't and it's probably a little lower in you see just based on the pay grades of the folks in there okay so you also mentioned you have a group that was part of the layoffs that was responsible for delinquent receivables and what were the delinquent receivables prior to the layoffs total delinquent receivables I do have a figure I'll make sure I provide it to folks i know we've provided it in the past it's a high number i think one of the things you have to understand about that high number is it's kind of like court costs and fees there's a lot of what i'll call folks on the books that will never be able to be recovered from the business went out of existence the person is no longer there you're not to write those off laughter you know that the business was gone yeah we do not write them off and I don't know if that is a policy decision of us at a u.s. DOL it's our pulse it's our policy decision if i refresh your memory on some of these numbers would you be able to give me the percentage that should be written off I would rather you ask the question and me get you those answers in I understand the Lincoln receivables as of jun to be about from the employer side to be about 197 million dollars i understand the twinkling employee withholding receivables was about two million and change the interest receivable 97 million dollars 90 7.4 million dollars penalty receivables over eight million dollars fee receivables 1.9 for a total of 307 million dollars I what are we doing to collect this money is a lot of money and would solve a lot of problem yeah thank you we we are very aggressive in our collections and if you look at how Pennsylvania stacks up I someone will correct me if I'm wrong but I'm thinking that that's four percent of our why do I have that four percent number stuck in my head for well let me do this I know that as we compared to other states we are not out of the norm in terms of what happens there so let me get to all that information to you work okay but I'm worried about Pennsylvania I'm not worried about other states 307 million dollars seems like a lot of money and I'll give you the benefit of the doubt that a percentage of those companies are gone and you're never going to see that money however the money that's still available we have to get much more aggressive on because this these numbers solve your problems actually thank you for that question but let me they don't solve my problem and here's why those numbers every penny that is recovered there goes into the trust fund the trust fund dollars are not allowed to be used to administer the unemployment compensation system the feds give you different money for administering the unemployment compensation system okay thank you for that answer very good representative kim Thank You chairman sailor good afternoon secretary I'm going to go back to the minimum wage the Federal Reserve chair and many condiments have said that wage stagnation is one of the last factors before we head into a full recovery from the recession in 2016 which I'm sure you know the inflation-adjusted minimum wage was about one-third below which 1968 level even the productivity has doubled since nineteen sixty eight and just a reminder 725 an hour full time is only fifteen thousand dollars a year i believe raising the minimum wage to a livable wage is so important for a number of reasons but one is to increase the purchasing power of low-wage workers which in return helps the local economy and local businesses most of the northeastern states have already raised the minimum wage in fact four states that surround Pennsylvania Maryland Ohio New Jersey and New York all have a higher mental age and a lower unemployment rate I think that's important to know as policymakers we need to make these changes to with our neighboring states if we could agree on a higher minimum wage whatever that magic number is how important to you is it to attach it with the cost of living adjustment and would you be open and think it's more helpful if it's a graduated minimum wage anything higher than 725 thank you very much representative kim for your advocacy for increasing the minimum wage and i really don't want to speak out of school it is the governor's kind of position to set the policy for our administration you know he supports the minimum wage i don't know if he has come out publicly for with a position with regard to an automatic cost-of-living escalator so i will reserve that answer for the governor if I may mr. chairman get back to the last question too I misspoke with regard to what goes into the trust fund and the bulk of the dollars that I was being asked about do go into the trust fund representative the penalties and interest should penalties and interest be able to be recoverable or in those instances penalty interest rates does not have to go into the trust fund so to the extent that there could be penalties additional penalties and interest cap sure that amount could go into the actual administration the fun and I didn't mean to deceive I just misspoke represent kin were you done ok I want to make sure you were oh I'm sorry patty I'm sorry write for me capstone realty janet griffin New York University School of Medicine.