Page 179 - FY 2009 Proposed Budget

General Fund
of
Contents
Contents
Table
Table of Contents
of
Table
ECONOMIC DEVELOPMENT: Bruce Payne, Director
Department Narrative Goals and Objectives

The Office of Economic Development strives  Goal: Enhance Economic Impact Through Development and
to grow and diversify the economy, maintain Redevelopment Efforts, Partnerships, and Investment Opportunities
a competitive workforce, redevelop existing o Objective: Foster Development and Redevelopment in Targeted
areas, enhance Arlington’s quality of life, Areas
and promote cooperation and inclusiveness o Objective: Build a Strong and Diverse Business Community
in community initiatives. The Office is  Goal: Ensure Availability of Information, Programs, and City Services
divided into two functional groups, Economic o Objective: Provide for the Efficient Access and Appropriate
Development and Land Banking. The Management of the City’s Data
Economic Development group aims to
attract and retain businesses and
developments that create job opportunities Budget Highlights
and add value to the City’s tax base. It  Department Budget Reductions Totaling: $55,250
negotiates and manages agreements
between the City and private developments;
provides information, assistance, and Revenue Highlights
resources to businesses; and markets the  Real Estate Transfer $375,000
City as a destination for investment. The  Small Cell Fees 225,000
Land Banking group works to acquire  Cell Tower Leases 205,900
property rights for public projects, administer  Pipeline License Agreements 75,000
activities related to the management of the  Total $880,900
City’s mineral interests, and conduct right of
way permitting review and inspections.
Additionally, Land Banking purchases and
manages public land for future economic
development projects.

At A Glance

 10 Authorized Positions
 Budget Break Down
Personnel Services $1,000,175
Operating Expenses 316,944
Total $1,317,119

City‐wide Budget Impacts

FY 2021 expenditures are impacted by city-wide savings in employee insurance as well as funding pension UAAL costs in the
Debt Service Fund.

2021 Adopted Budget and Business Plan 168 City of Arlington, Texas