Page 157 - ArlingtonFY24AdoptedBudget

General Fund

ECONOMIC DEVELOPMENT: Bruce Payne, Director
Department Narrative Business Plan 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
divided into two functional groups, Economic Revenue Highlights

Development and Land Banking. The • Cell Tower Leases $310,000
Economic Development group aims to • Real Estate Transfer 200,000

attract and retain businesses and • Small Cell Fees 150,000

developments that create job opportunities • Pipeline License Agreements 85,280

and add value to the City’s tax base. It Total $745,280
negotiates and manages agreements
between the City and private developments;
provides information, assistance, and
resources to businesses; and markets the
City as a destination for investment. The
Land Banking group works to acquire
property rights for public projects, administer
activities related to the management of the
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
• 11 Authorized Positions
• Budget Break Down
Personnel Services $1,266,746
Operating Expenses 379,258
Total $1,646,004

Department Diversity
By Race and Gender

American Native
Black or Some Other
Hispanic Indian and Hawaiian and
White African Asian or Two or Female Male
or Latino Alaska Other Pac.
American More Races
Native Islander
City of Arlington Population 37.6% 29.9% 22.4% 6.6% 0.2% 0.3% 3.1% 51.0% 49.0%
City Organization 51.8% 22.0% 18.4% 3.5% 0.8% 0.2% 3.3% 38.0% 62.0%
Economic Development 50.0% 20.0% 10.0% 0.0% 10.0% 0.0% 10.0% 50.0% 50.0%

FY 2024 Adopted Budget and Business Plan 148 City of Arlington, Texas