Page 163 - Southlake FY20 Budget

City Department Overview

ECOnOMIC DEVELOPMEnT & TOURISM

Department Scorecard

Previous Previous
Perspective Ref # Measure Current Measurement Target
Period Period
1.1 Achieve the highest standards of safety & security (C1)

Q12 Survey: Q02 - I have the
1.1.1 materials and equipment I need to do 4.00 4.16 4.29 > or = 4.50
my work right

Q12 Survey: Q10 - I have a best
1.1.2 3.18 3.64 4.15 > or = 4.50
friend at work
1.2 Implement programs to retain and expand existing businesses (EDC1) (C4)

1.2.1 Employment - residence ratio 234% 234% 227% > or = 200%

1.2.2 Business retention rate - overall 96% 100% 97% > 95%

1.2.3 New business survival rate - 1 year 95% 94% 90% > or = 80%
1.2.3 New business survival rate - 2 years 81% 83% 84% > or = 69%

1.2.4 New business survival rate - 5 years 54% 60% 59% > or = 51%

1.2.5 Southlake retail occupancy rate 95% 93% 93% > 89%
Serve our Customers 1.2.5.1.1 (average) 93% 91% 89% > 89%
Lifestyle Center occupancy rate
89%
>
92%
93%
1.2.5.1
93%
Southlake Town Square occupancy
rate
1.2.5.1.2 Shops of Southlake occupancy rate
92%
89%
95%
>
95%
Power Center occupancy rate
1.2.5.2
(Gateway Plaza) 92% 93% 93% > 89%
Community Center occupancy rate
1.2.5.3 94% 93% 93% > 89%
(average)
1.2.5.3.1 Wyndham Plaza 100% 100% 100% > 89%
1.2.5.3.2 Southlake Marketplace 96% 96% 100% > 89%
1.2.5.3.3 Southlake Corners 96% 96% 96% > 89%
1.2.5.3.4 Kimball Oaks 100% 100% 96% > 89%
1.2.5.3.5 Park Village occupancy rate 77% 72% 72% > 89%

1.2.5.4 Neighborhood Center occupancy rate 94% 94% 94% > 89%

1.2.5.4.1 Southlake Village 97% 97% 95% > 89%
1.2.5.4.2 Suntree Square 100% 100% 100% > 89%
1.2.5.4.3 Jellico Square 95% 95% 100% > 89%
1.2.5.4.4 Cornerstone Plaza 86% 86% 86% > 89%
1.2.5.4.5 Carroll Pointe 95% 95% 88% > 89%

162 www.CityofSouthlake.com