FY2024 Adopted Operating and Capital Budgets

FY2024 Adopted Budget Organizational Budgets

Office of Economic Development

Actual

Actual

Adopted

Adopted

2021

2022

2023

2024

Expenses by Category Personnel

1,373,328 6,991,624

1,346,540

1,424,169

- - - -

Operating

720,113

495,975

Reimbursements

-

(2,100)

-

TOTAL

8,364,952

2,064,553

1,920,144

Expenses by Fund General Fund

1,723,054 6,097,223

1,837,911

1,920,144

- - - -

Grants

226,642

- -

Economic Development Loans

544,675

-

TOTAL

8,364,952

2,064,553

1,920,144

Full-time Equivalents

11.00

11.00

11.00

-

Actual

Actual

Estimate

Estimate

Unit of

Performance Statistics Business Retention Visits Business Retention Assistance FCOED & Homegrown Website Sessions FCOED & Homegrown Social Media Engagements Existing & New Jobs Announced Small/Minority New Business Starts Small/Minority Jobs Announced Small/Minority Total Clients Counseled EMPOWER Networking Events Existing & New Prospects

2021

2022

2023

2024

Measure

234

240

240 150

- -

Count Count

2,231

1,233

94,551

112,860

100,000

-

Count

3,800

87,474

87,000

- - - - - - -

Count Count Count Count Count

112

84

90

2,067

769

600

24 72

15 32

15 32

2,702

760

912

Count

- Count The Office of Economic Development was established as a separate division in FY24. Please see that division for additional information. 6 8

207