WASHINGTON COUNTY APPROVED BUDGET
FY 2026
Attended more than 80 business events including grand openings, ribbon cuttings and milestone celebrations. Used funding for Small Business Appreciation Week to support Hagerstown Spark Event. Assisted 32 prospective businesses that moved into Washington County and created jobs. Conducted 220 farm/agriculture site health visits. Assisted 205 small business clients. Developed and administered agriculture stabilization grant programs: • $100,000 Agriculture business grant (HRT) Provided $13,487,871 in financial assistance through economic development incentives. Executed Foreign Trade Zone marketing campaigns and creation of collateral. Presented an economic development update to the community during the Chamber of Commerce’s Eggs and Issues event. DBED moved from a reactive stance to a more progressive proactive data driven approach by adding a powerful software subscription providing new capabilities offered to the community.
Key Data
FY2023 Actual
FY2024 Actual
FY2025 Estimated $5,356,175
FY2026 Projected $9,041,601
Programs/Services Provided
$13,487,871
$8,399,656
Business Financial Assistance
36
130
150
150
Prospective Businesses Assisted
228
200
228
240
Farm/Agriculture Visits
460
460
481
501
Office Calls/Walk-In Clients Assisted
80
80
88
90
Number of Business Events
126
126
205
210
Small Business Clients Advised
2024 Budget 810,560
2025 Budget
2026 Budget
Category Funding Sources
$ Change
% Change
General Fund Support
1,035,280
1,167,060
131,780
12.73%
Grants/Intergovernmental
0
0
0
0
0.00%
Fees/Charges
27,000
8,000
8,000
0
0.00%
Total
837,560
1,043,280
1,175,060
131,780
12.63%
2024 Budget
2025 Budget
2026 Budget
Program Expenditures by Category
$ Change
% Change
Wages and Benefits
657,520
847,000
967,370
120,370
0.00%
Operating
180,040
176,280
183,750
7,470
4.24%
Capital Outlay
0
20,000
23,940
3,940
0.00%
Total
837,560
1,043,280
1,175,060
131,780
12.63%
2026 Budget Document
181
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