Page 145 - Hurst Budget FY21

CITY OF HURST

0233 ECONOMIC
GENERAL FUND DEVELOPMENT DEVELOPMENT

 Market the city and HEB area at ICSC events and expos at national, state and regional
levels.
 Use Business Leadership Luncheon series to train and educate Hurst businesses.
 Develop and promote an incentivized commercial property enhancement program.
 Offer a business friendly zoning, site plan and platting process that assures city interests
are considered in development in a timely manner.
 Continue marketing city and HEB area at specific events.
 Explore ways Police Department can assist with keeping the mall safe, vital and
community friendly/

PERFORMANCE MEASURES

Input: PY Actual CY Estimate Projected

Staff 1 1 1
Operating budget $212,189 $215,715 $215,715

Gross retail square footage 6,250,000 6,250,000 6,500,000

Businesses 1,323 1,336 1,341
Workload/Output:

Taxable value increase/decrease +2% +1% +1%
New taxable commercial value +6% +5% +5%

New businesses 107 125 120

Direct business visits 250 250 250
Effectiveness:
Published economic development
articles 5 6 7
Business leadership training
conducted 5 6 6
Efficiencies:
Direct contacts made with real
estate representatives 200 200 200
Economic development marketed
at events 5 5 5

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