On or before December 31 each year, the Board shall report to the Governor and, in accordance with § 2–1257 of the State Government Article, the General Assembly on the implementation of this part. The report required in subsection (a) of this section shall include, disaggregated by member county: the number of new projects funded during the previous year; the number of projects that were completed during the previous year; the number of ongoing projects that were not completed during the previous year; the amount and type of funding received by each project; the current status of each ongoing project; and any other relevant economic metrics determined by the Board.