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Agenda Item 1 - Economic Development Districts – Follow-up from Board Retreat
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Agenda Item 1 - Economic Development Districts – Follow-up from Board Retreat
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8/31/2018 3:36:20 PM
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BOCC
Date
9/6/2018
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Work Session
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Agenda
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45 <br />Lifetime <br />Business Investment Grants <br />4 0 ° 10% <br />33% <br />53% <br />Carrboro <br />Chapel Hill <br />Hillsborough <br />Unincorporated <br />Orange County <br />Area <br />Article 46 Sales Tax Budgeted Amount <br />Amount of <br />for Economic Development <br />$2,000,000 <br />Funding <br />$1,900,000 <br />8 <br />$1,800,000 <br />Chapel Hill <br />$1,700,000 <br />$242,295 <br />$1,600,000 <br />23 <br />$1,500,000 <br />Unincorporated <br />$1,400,000 <br />— <br />$1,300,000 <br />$1,200,000 <br />$1,100,000 <br />$1,000,000 <br />FY 2015 -16 <br />FY 2016 -17 <br />FY 2017 -18 <br />Recommended <br />FY 2018 -19 <br />Amount <br />$1,407,288 <br />$1,503,863 <br />$1,755,746 <br />$1,825,976 <br />Lifetime <br />Business Investment Grants <br />4 0 ° 10% <br />33% <br />53% <br />Carrboro <br />Chapel Hill <br />Hillsborough <br />Unincorporated <br />Orange County <br />Area <br /># of Grants <br />Amount of <br />Funding <br />Carrboro <br />8 <br />$47,360 <br />Chapel Hill <br />50 <br />$242,295 <br />Hillsborough <br />23 <br />$151,005.95 <br />Unincorporated <br />3 <br />$17,000 <br />Orange County <br />Lifetime <br />Small Business Loan <br />5% <br />1% <br />Hillsborough <br />Chapel Hill <br />Unincorporated <br />Orange County <br />Area <br /># of Loans <br />Amount of <br />Funding <br />Chapel Hill <br />9 <br />$415,000 <br />Hillsborough <br />10 <br />$487,848 <br />Unincorporated <br />1 <br />$47,000 <br />Orange County <br />M <br />
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