Network of Texas I.A.F. Organizations PRESS STATEMENT FOR IMMEDIATE RELEASE May 5, 2011 FOR MORE INFORMATION, CONTACT: Paul Skeith, 484-0590 On May 5, 2011 at 11:30 a.m. , The Network of Texas IAF Organizations will hold a press conference calling on the House and Senate to pass a budget that invests in the future of Texas. This includes spending the rainy day fund and finding new sources of revenue to fully fund public education, healthcare, and economic development initiatives like the Jobs and Education for Texans (JET) Fund. The press conference will be held in room E1.026 in the Capitol. “We cannot cut investments that secure our economic future. Education and healthcare are investments in human capital, and the JET fund is designed to help labor markets work more effectively,” said Father Alfonso Guerra of Valley Interfaith. He added “The Senate budget is better than the House budget, but both need to invest more.” Last session, the Network of Texas IAF Organizations worked with Comptroller Susan Combs and Lt. Governor David Dewhurst to create the $25 million Jobs and Education for Texans ( JET ) Fund. This includes the $10 million Launchpad Fund for successful nonprofits such as Capital IDEA in Austin, Project QUEST in San Antonio, Project VIDA in the Rio Grande Valley, and ARRIBA in El Paso. These projects train adults earning on average $10,000 before entering the program for jobs which pay $38,000 on average after graduation. The Network of Texas IAF Organizations also supports greater investments in public education funding and scholarships programs like the Texas Grants. “We understand that these are tough budget times, but failing to adequately invest in workforce and education will weaken our state’s ability to compete economically and attract business,” said Paul Skeith, a leader with Austin Interfaith. “With 68% of Texans without a college education, we need investment in strong public schools that prepare students for college and adult workforce projects that move people out of a cycle of poverty[i].” Attached is a list of Texas business leaders who have written letters in support of reauthorization of the JET fund. The Network of Texas IAF Organizations includes the following organizations: Dallas Area Interfaith, Communities Organized for Public Service, Metro Alliance Border Interfaith, Valley Interfaith, Austin Interfaith, El Paso Interreligious Sponsoring Organization, Allied Communities of Tarrant, The Border Organization, The Metropolitan Organization, West Texas Organizing Strategy. Letters of support to the JET Fund: Austin Interfaith Members of the Central Texas Business Community (Martha Smiley, Mark Curry, Jay Hailey, W. Eric Hehman, Earl Maxwell, Adrian Neeley, Allyson Peerman, Pete Winstead) The Austin Diagnostic Clinic (Robert W. Spurck, Jr., FACHE, Chief Executive Officer) Austin Chamber of Commerce (Michael W. Rollins, CCE, President) Real Estate Council of Austin (Jeff Howard, President) EPISO Bank of the West (Burt Blacksher, Executive Vice President) Wells Fargo (Martha Rochford) The Greater El Paso Chamber of Commerce (Richard E. Dayoub, President and CEO) Hunt Companies, Inc. (Joshua W. Hunt, Senior Vice President) Stephen J. Wolslager The Electric Company, El Paso Electric (Richard Fleager, Senior Vice President, Customer Care and External Affairs) University Medical Center of El Paso (James N. Valenti, President and CEO) Valley Interfaith Brownsville Chamber of Commerce (Angela R. Burton, President and CEO) Valley Regional Medical Center (David Handley, Chief Executive Officer) TMO MFR, Accountants & Consultants (Gasper Mir, III, Pricipal, MFR, P.C.) United Way of Greater Houston (Anna M. Babin, President and CEO) Memorial Hermann Healthcare System (Dan Wolterman, President and CEO) Marek Family of Companies (Stan Marek, CEO) COPS/Metro San Antonio Hispanic Chamber of Commerce (Ramiro A. Cavazos) Tom Frost Alamo Colleges (Bruce Leslie, Chancellor) Dallas Area Interfaith Baylor University Medical Center (John McWhorter, President