WASHINGTON COUNTY APPROVED BUDGET
FY 2026
Foreign Trade Zone – Fund 52 – Department 52010
Contact – Jonathan Horowitz
Department Description/Function
The Department of Business and Economic Development (DBED) provides assistance to new and expanding businesses throughout Washington County. DBED interacts with a vast network of public, private, and non- profit organizations to address the business needs of the community, as well as attract new companies to the County. This fund is set up as a revenue/expense account to r un independently of DBED’s departmental budget and is for use for this specific incentive program used to attract new businesses to the County.
Goals Fiscal Year 2026
Continue the professional development of our Foreign Trade Zone Administrator and succession planning cross-training. Expand awareness of FTZ #255 by use of digital marketing, print advertising and marketing items. Expand utilization of FTZ #255 for existing businesses who are subject to duties, customs or tariffs.
Accomplishments Fiscal Year 2025
Generated interest from four companies who have explored potentially utilizing FTZ#255. This includes three manufacturing business and one logistics/distribution client. Created marketing items including socks, ink pens, and a z-card condensed information handout. Attended Select-USA – a Foreign Direct Investment Summit that took place in Washington D.C.
Key Data
FY2023 Actual
FY2024 Actual
FY2025 Estimated
FY 2026 Projected
Programs/Services Provided
Number of new FTZ businesses activated
N/A
2
1
2
Training Opportunities
N/A
12
16
12
2024 Budget
2025 Budget
2026 Budget
Category Funding Sources
$ Change
% Change
General Fund Support
0
0
0
0
0.00%
Grants/Intergovernmental
0
0
0
0
0.00%
Fees/Charges
0
40,000
50,000
10,000
25.00%
Total
0
40,000
50,000
10,000
25.00%
2024 Budget
2025 Budget
2026 Budget
Program Expenditure by Category
$ Change
% Change
Wages and Benefits
0
0
0
0
0.00%
Operating
0
40,000
50,000
10,000
25.00%
Capital Outlay
0
0
0
0
0.00%
Total
0
40,000
50,000
10,000
25.00%
2026 Budget Document
240
Made with FlippingBook - Online catalogs