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11 <br /> County's Collaborative Outreach Funding for the Towns for FY 2019-20 <br /> • A new Article 46 program now enables the County to partner directly on specific <br /> economic development priorities with each of the four Towns of Carrboro, Chapel <br /> Hill, Hillsborough and Mebane (Orange County population only). The available <br /> funding amount for each municipality from the FY 2019-20 budget's initial <br /> $60,000 allocation is based on each Town's per capita population percentage, as <br /> follows: <br /> ➢ Carrboro $14,415.87 <br /> ➢ Chapel Hill $39,058.83 <br /> ➢ Hillsborough $5,072.56 <br /> ➢ Mebane $1,452.75 <br /> Article 46 Sales Tax <br /> Orange County's Budgeted Allocations in FY 2019-20 for Economic <br /> Development Projects <br /> Economic Development o2 <br /> Supported ' <br /> Debt Service on Utility <br /> Infrastructure (County's 3 $904,180 44.02% <br /> economic development districts) <br /> Utility Service Agreement with <br /> the City of Mebane <br /> (250,000 gal/day water& sewer $50,000 2.43% <br /> annual allocation for the Buckhorn <br /> Economic Development District) <br /> Collaborative Outreach w/Towns <br /> (new for FY 2019-20) $60,000 2.92% <br /> Small Business Loan Pool $0 0% <br /> Innovation Center(Launch, Inc.) $73,500 3.58% <br /> Agricultural Grant Program $100,000 4.87% <br /> Small Business Investment Grant <br /> $150,000 7.30% <br /> Program <br /> Recruitment Incentives $411,440 20.03% <br /> Orange County's Annual ° <br /> Agricultural Summit $5,000 0.24/o <br /> Orange County's Annual ° <br /> Economic Development Summit $30,000 1.46/o <br /> Local Fest Event Planning (now <br /> called Local Roots) $50,000 2.43% <br />