Page 160 - Southlake FY20 Budget
P. 160

City Department Overview

                                                                                    ECOnOMIC DEVELOPMEnT & TOURISM



                             Economic Development & Tourism










                                  The Economic Development Division will create a diversified,
                               vibrant and sustainable economy through attraction and support of
                              businesses meeting the vision and standards desired by City leaders.

                              The Tourism Division will enhance the quality of life for residents and
                               the sustainability of City businesses through the promotion of the
                                       tourism, convention and hotel industry in the City.






                                               DEPARTMEnT HIGHLIGHTS



                              2                                 7                              84%

                  For a second year in a            The Tourism Division has         In the 2019 Business
                  row, the City of Southlake        seven core services.             Climate Survey, 84% of
                  Economic Development &                                             businesses surveyed felt
                  Tourism Department was                                             the local business climate
                  recognized for Economic                                            was either Excellent or
                  Excellence by the Texas                                            Good.
                  Economic Development                        79%
                  Council

                                                    In the 2019 Business
                                                    Climate Survey, 79% of
                                                    businesses surveyed expect
                                                    to grow within 12-months.
                              8                                                               0.47%

                  The Economic Development                    9.6%                   The Economic Development
                  Division has eight core                                            and Tourism Department
                  services.                         The Economic Development         includes: Deputy Director of
                                                    Division 2020 General Fund       Economic Development and
                                                    Budget is $154,872, which        Tourism and the Tourism
                                                    is a 9.6% increase from the      Marketing Manager. The
                            0.4%                    FY 2019 adopted budget.          staff comprises 0.47% of
                                                    The Tourism Division             the City’s workforce.
                  The Economic Development          will also receive Hotel
                  budget is 0.4% of total           Occupancy Tax funds for in
                  General Fund expenditures.        the amount of $1,405,283
                                                    for FY 2020.






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