Page 165 - Hurst FY20 Approved Budget

CITY OF HURST

0233 ECONOMIC
GENERAL FUND ECONOMIC DEVELOPMENT DEVELOPMENT

• Continue to build on strong working relationships with businesses by counseling and offering resources
 10 + Years Long Term

• Market the City and HEB area at ICSC events and Expos at national, state and regional levels
 0-3 Years Short Term

• Use Business Leadership Luncheon series to train and educate Hurst businesses
 10 + Years Long Term

. Develop and promote an incentivis ed commercial property enhancement program
 10 + Years Long Term

• Offer a business friendly zoning, site plan and platting process that assures City interests are
considered in development in a timely manner
 10 + Years Long Term

• Continue marketing City and HEB area at specific events, with publication of newsletters, web site
updates and RRBG
 10 + Years Long Term

• Explore ways Police Dept. can assist with keeping the mall safe, vital and community friendly
 10 + Years Long Term

• Use City website and hursted.com website to highlight the mall and new stores
 10 + Years Long Term

Performance Measures: PY Actual CY Estimate Projected

Input:

# of staff 1 1 1

Budget amount $207,623 $212,163 $223,102
Gross retail square footage(in
millions) 6.25M sq. ft. 6.25M sq. ft. 6.3M sq. ft.

Total # of businesses 1323 1336 1341

Workload/Output:

Taxable value increase/decrease +2% +1% +1%

“New” taxable commercial value +6% +5% +5%

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