Page 170 - Microsoft Word - FY 2020 Adopted Budget Document

General Fund

Scorecard
Economic Development FY 2017 FY 2018 FY 2019 FY 2020
Key Measures Actual Actual Estimate Target
Citizen perception that Arlington is a great place to
operate a business 58% 53% 46% 60%
Citizen perception that Arlington is a great place to
work 60% 51% 51% 60%
Marketing partnership visits New Measure in FY 2019 12 40
Recruitment leads New Measure in FY 2019 84 85
Leads to prospects New Measure in FY 2019 15 20
Interactions with existing businesses New Measure in FY 2019 80 80
Percentage of agreements in compliance New Measure in FY 2019 100% 100%
Royalties from real estate holdings New Measure in FY 2019 $7,000,000 $5,700,000
Recruitment related events attended New Measure in FY 2019 15 15

Economic Development Expenditures

Actual Budgeted Estimated Adopted
FY 2018 FY 2019 FY 2019 FY 2020
Economic Development $ 703,810 $ 755,550 $ 747,027 $ 786,593
Land Bank - 626,102 626,337 668,153
TOTAL $ 703,810 $ 1,381,652 $ 1,373,364 $ 1,454,746

Authorized Positions and Expenditures by Category

Actual Budgeted Estimated Adopted
FY 2018 FY 2019 FY 2019 FY 2020
Authorized Positions 4 10 10 10

Personnel Services $ 526,722 $ 1,034,009 $ 1,061,139 $ 1,087,954
Operating Expenses 177,088 347,643 312,225 366,792
Capital Outlay - - - -

TOTAL $ 703,810 $ 1,381,652 $ 1,373,364 $ 1,454,746

2020 Adopted Budget and Business Plan 157 City of Arlington, Texas