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B. Organizational Capability . uescription oT the countywiae purpose the Tunas wiii De usea Tor: County funding will be combined with the private sector contributions for the overall operating budget of the Economic Development Office. During FY 2022/2023, in addition to $237,911 collected in reimbursement from County funds, $28,200 was generated through contributions by our Economic Leadership Alliance investors and other sources. Over $175,000 of in-kind services and support are supplied by the Chamber and/or contributed by others in the county to accomplish the goals and objectives of the economic development efforts. Specific areas where the funds will be utilized are in keeping with the goals and strategies as outlined and agreed upon by the County, the Economic Development Council, the Department of Planning & Development Services and the Chamber; they include but are not limited to: • Direct marketing to site location consultants and prospective companies within our targeted industries, with continued follow-up and communication • Professional services for maintaining and hosting the economic development website, conducting research, and the production of studies and reports • Maintain current cost -of -living data and host cost -of -living calculator on the economic development website • Host GIS -based website, www.indianriversites.com, the commercial/industrial real estate data base, including upgraded features to allow for mobile utilization and gathering detailed business intelligence • Provide idea -sharing and networking opportunities for existing and new business clients and prospects • Develop promotional materials, including updated advertising • Maintain relationships with state legislators, regional airports, Florida Department of Commerce, site selectors, and similar local and regional economic development agencies, plus other key resources who can assist in the success of our mission • Postage and shipping, telephone, internet access; not including cell phone service • Recognition of existing/new industries and new/enhanced developments • Informational presentations to civic and professional groups, and others throughout the county, highlighting the benefits of industry, better paying jobs and a diverse, increased tax base • Workforce preparedness for existing and future workforce, through collaborative planning, innovative programs, and information sharing with our region's schools, colleges and training centers • Facilitate communication and cooperation between the business community, educators (K-12 and post -secondary), training providers, and government • Promote the Foreign Trade Zone and its benefits to existing businesses and as a recruitment tool; assist local employers with documentation as needed 177