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38 <br /> Examples Include: Economic Development Department Budget, County Indirect Costs <br /> Workforce Development 1 $250,000 <br /> Examples Include: Durham Tech Promise (Scholarships), Durham Tech Back-to-Work <br /> Initiative <br /> 1 <br /> 2 Estimated Annual Expenditures are based on the FY 2022-23 Budget and available Economic <br /> 3 Development Article 46 reserves. Actual expenditures will vary year-over-year based on Sales <br /> 4 and Use Tax collections and Board of County Commissioners' approved budgets. <br /> 5 <br /> ir Adopted Uses of Economic Development Article 46 Funde. <br /> 7� for FY 2022-23 AM <br /> Debt Service on Infrastructure $881,720 <br /> Innovation Center— "Launch Chapel Hill" $73,500 <br /> Agricultural Grants $100,000 <br /> Business Investment Grants $150,000 <br /> Agriculture Summit $5,000 <br /> I <br /> Economic Development Summit $30,000 <br /> Durham Tech Promise (Scholarships) $200,000 <br /> Durham Tech Back-to-Work Initiative $50,000 <br /> Breeze Farm Contribution $10,000 <br /> Arts Incubator $10,000 <br /> Farm Application $3,600 <br /> Economic Development Department Budget for FY 22-23 $355,502 <br /> Indirect Costs associated with Economic Development Department, $147,392 <br /> as per County's Cost Allocation Plan <br /> County's 75% share of Agricultural Economic Development $76,740 <br /> Position — now in Cooperative Extension Department <br /> Chamber Dues $7,646 <br /> Total $2,101,100 <br /> 6 <br /> Adopted Uses of Article 46 Reserve Funds for FY 2022-23 Amount <br /> Incentives—Wegmans &ABB $675,000 <br /> Capital Pay-Go for Piedmont Food Processing Center HVAC $242,000 <br /> Replacements <br />