|
SECTION I -- ECONOMIC DEVELOPMENT
TEN-YEAR HISTORY – DEPARTMENT OF ECONOMIC DEVELOPMENT
|
|
FY 1997
|
FY 1998
|
FY 1999
|
FY 2000
|
FY 2001
|
FY 2002
|
FY 2003
|
FY 2004
|
ADOPTED
FY 2005
|
PROPOSED
FY 2006
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AUTHORIZED
POSITIONS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PERMANENT
|
|
|
|
|
|
|
|
|
|
|
|
Full-Time
Equivalents
|
21.0
|
21.0
|
23.0
|
24.0
|
25.0
|
25.0
|
19.0
|
19.0
|
20.0
|
20.0
|
|
TEMPORARY
|
|
|
|
|
|
|
|
|
|
|
|
Full-Time
Equivalents
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
GRANT FUNDED
|
|
|
|
|
|
|
|
|
|
|
|
Full-Time
Equivalents
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL
FULL-TIME EQUIVALENTS
|
21.0
|
21.0
|
23.0
|
24.0
|
25.0
|
25.0
|
19.0
|
19.0
|
20.0
|
20.0
|
|
|
|
|
|
|
|
|
|
|
|
|
EXPENDITURES
(000s)
|
1,969
|
1,999
|
2,220
|
2,332
|
2,642
|
3,267
|
3,034
|
2,693
|
2,710
|
2,646
|
|
|
|
|
|
|
|
|
|
|
|
|
REVENUES
(000s)
|
|
|
|
|
|
|
|
|
|
|
|
Fees
|
-
|
-
|
11
|
10
|
34
|
62
|
-
|
-
|
-
|
-
|
|
Grants
|
123
|
-
|
155
|
98
|
99
|
135
|
25
|
25
|
50
|
50
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL
REVENUE (000s)
|
123
|
-
|
166
|
108
|
133
|
197
|
25
|
25
|
50
|
50
|
|
|
|
|
|
|
|
|
|
|
|
|
NET TAX
SUPPORT (000s)
|
1,846
|
1,999
|
2,054
|
2,223
|
2,509
|
3,069
|
3,009
|
2,668
|
2,660
|
2,596
|
PROGRAM HISTORY – DEPARTMENT OF ECONOMIC DEVELOPMENT
|
FY 1997:
|
Funded the four public-private partnerships at $50,000 each
($200,000 total) plus funded an additional $40,000 to be shared by the
partnerships in order to increase fund raising and memberships.
|
|
|
|
FY 1998:
|
Eliminated the one-time fund of $40,000 that was adopted in
FY 1997 to increase fund raising and membership development in the
public-private partnerships.
|
|
|
|
FY 1999:
|
Funded a Business Marketing Specialist position ($63,410,
1.0 FTE) and support funds ($21,590) to the Office of Business
Investment to expand the target industry marketing and development effort.
|
|
Funded a Development Specialist position ($62,095,
1.0 FTE) and support funds ($5,405) to the Office of Development to
expand the Department's integrated commercial and residential development
strategies.
|
|
Increased revenues ($26,200) to reflect the drawdown of the
full 10 percent of the HOME grant that is available for administration of
HOME funds.
|
|
Established a new revenue source from Low Income Housing Tax
Credit monitoring fees through the Industrial Development Authority (IDA).
|
|
|
|
FY 2000:
|
Approved the Columbia Pike Initiative in the Office of
Development for three-quarter funding to provide a Development Specialist II
($45,717, 1.0 FTE), and related non-personnel expenditures ($4,725),
consultant funds ($40,000) and to establish a contingency account for work
with Columbia Pike Planning and Revitalization Organization.
|
|
Transferred Public-Private Partnerships' expenditures
($200,000) from Office of Business Investment (OBI) to Director's Office to
more accurately depict marketing expenditures in OBI.
|
|
|
|
FY 2001:
|
Added $100,000 to Office of Business Investment Marketing
budget.
|
|
Added Electronic Marketing Specialist ($77,200, 1.0 FTE)
in Director's Office to support new Business Briefing Center and to assist
with Department-wide technology needs.
|
|
|
|
FY 2002:
|
Added $25,000 to Director's Office in support of the
Georgetown-Rosslyn Shuttle.
|
|
Added $145,000 to the Director's Office in support of E-Trade
annual incentive payment.
|
|
County Board added $25,000 to the Office of Development to
conduct a feasibility study for the future utilization of the Newseum space.
|
|
The County Board added $50,000 for Global Alliance in support
of the International Business Development Program.
|
|
|
|
FY 2003:
|
Added a position to enhance
economic revitalization efforts ($92,689, 1.0 FTE).
|
|
The County Board added $15,000 to the Clarendon Alliance
public/private partnership and $15,000 to Columbia Pike Revitalization
Organization (CPRO) public/private partnership.
|
|
Moved the Housing Division ($606,808, 7.0 FTEs) to the
Department of Community Planning, Housing and Development.
|
|
The County Board added $250,000 for Conference Center related
expenses.
|
|
|
|
FY 2004:
|
Restored the E*Trade Metro subsidy
to the base ($25,000)
|
|
|
|
FY 2005:
|
Added 1.0 FTE to reflect a
technical correction from the Housing Division move in FY 2003.
|
|
Eliminated the General Fund funding
for the Georgetown Shuttle (beginning in FY 2004, the Rosslyn Business
Improvement District provides funding for the shuttle).
|
|
Revenues increased with the
addition of a fund transfer from the Rosslyn Fund for the Rosslyn Renaissance
($50,000) and the elimination of the fund transfer for the Georgetown Shuttle
($25,000)
|
|
|
