Page 282 - Mansfield 2019 Operating Budget

Actual Actual Budget Budget
MEDC 2015/2016 2016/2017 2017/2018 2018/2019
Demand

Value of MEDC Projects $ 138,239,000 $ 93,550,477 $ 80,000,000 $ 82,400,000

Businesses Retained 98% 98% 98% 98%

Contractual MEDC Commitments $ 14,031,890 $ 11,984,393 $ 5,200,000 $ 5,356,000

Workload

Value of MEDC Projects $ 138,239,000 $ 93,550,477 $ 80,000,000 $ 82,400,000

Businesses Retained 98% 98% 98% 98%

Contractual MEDC Commitments $ 14,031,890 $ 11,984,393 $ 5,200,000 $ 5,356,000

New Capital Investment $ 138,239,000 $ 93,550,477 $ 80,000,000 $ 82,400,000
Business Expansions 5 5 5 5
Jobs Created or Retained by Activity 287 442 350 455
Productivity
Contracted Projects 14 12 10 8

New Capital Investment $ 138,239,000 $ 93,550,477 $ 80,000,000 $ 82,400,000
Jobs Created or Retained by Activity 287 442 350 455
Effectiveness

Value of MEDC Projects $ 138,239,000 $ 93,550,447 $ 80,000,000 $ 82,400,000

Businesses Retained 98% 98% 98% 98%

Contractual MEDC Commitments $ 14,031,890 $ 11,984,393 $ 5,200,000 $ 5,356,000

New Commercial Business 5 7 5 6

Measurable Outcomes:
• Completion of Broad and Regency projects.
• Begin construction of the Mansfield International Business Park.
• Begin development of commercial projects along 360.

Actual Actual Budget Budget % Change
Departments 2015-2016 2016-2017 2017-2018 2018-2019 2018-2019
Administration $ 869,717 $ 854,747 $ 958,717 $ 825,963 -13.85%

Promotions 99,937 97,600 100,895 62,700 -37.86%
Business Retention 7,706 13,643 24,600 24,600 0.00%
Work Force Development 8,097 2,299 15,000 22,000 46.67%
Debt 315,144 814,927 2,201,040 2,657,375 20.73%
Transfers/Other/Reserves 258,325 283,266 638,225 125.31%
Projects* 1,960,436 2,650,747 4,596,810 4,833,027 5.14%
Total $ 3,261,037 $ 4,692,287 $ 8,180,329 $ 9,063,890 10.80%

Division Actual Actual Budget Budget % Change
Summary 2015-2016 2016-2017 2017-2018 2018-2019 2018-2019

Personnel Services $ 546,365 $ 573,356 $ 614,599 $ 572,838 -6.79%
Operations 439,093 394,933 484,614 362,425 -25.21%
Debt 315,144 814,927 2,201,040 2,657,375 20.73%

Transfers/Other/Reserves 258,325 283,266 638,225 125.31%

Projects* 1,960,436 2,650,747 4,596,810 4,833,027 5.14%
Total $ 3,261,037 $ 4,692,287 $ 8,180,329 $ 9,063,890 10.80%

*Includes $3,000,000 for the Mansfield International Business Park; see the Capital Project Funds section.

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