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13 <br /> Slide #3 <br /> 2024-25 COLLEGE REQUEST <br /> 2023-24 Approved 2024-25 Budget Manager's <br /> REQUESTED ITEMS Budget Request Recommendation %Funded <br /> Current Ex pens 915,346 1,157,360 945,363 82% <br /> Recurring Capital 60,000 200,000 75,000 75% <br /> Article 46 Items <br /> Innovation Hub 20,000 20,000 20,000 100% <br /> Apprenticeship Coordinator 8,249 8,755 8,755 100% <br /> Promise Grants 200,000 200,000 200,000 100% <br /> Back to Work Grants 100,000 100,000 100,000 100% <br /> Small Business Grant 70,000 70,000 70,000 100% <br /> Mal Article 46 398,249 398,755 398,755 100% <br /> AL REQUEST 1,373,595 <br /> ,.durharntech.ect, - <br /> President JB Buxton said they are aware of the tough decisions that the Board has to <br /> make when it comes to funding. He said that he wanted to highlight the Article 46 items and their <br /> importance to the apprenticeship and small business efforts. <br /> Slide #4 <br /> INCLUDED IN THE MANAGER'S RECOMMENDATIONS <br /> 1. Promise & Back to Work Scholarships: $300,000 <br /> Continued funding of$200,000 for Durham Tech Promise <br /> scholarships for graduates of public high schools and $100,000 <br /> in Back to Work scholarships ($500 each)for short-term <br /> workforce credentials. <br /> 2. Innovate Carolina Junction partnership: $20,000 <br /> Continued funding for space in the Innovate Carolina Junction <br /> as part of our Workforce& Economic Development Partnership <br /> initiative with UNC. <br /> 3. Small Business Center(SBC) Coordinator: $70,000 <br /> Continued funding for this the position. <br /> 4. Apprenticeship Coordinator match: $8,755 <br /> Continued support of Durham County's 90% match. ,. <br /> durhamtech.edu - <br />