Page 22 - ArlingtonFY24AdoptedBudget

Business Plan

purpose of providing loans to small businesses. Additional funding options in the guide include entrepreneur competitions, crowd
funded loans, and diversity bank loans which are only open to minority applicants.

The Esports Stadium Arlington + Expo Center is organized into divisions consisting of Administration, Event Services,
and Facility Operations and offers catering and audio/visual services to accommodate small and large groups for expositions,
public events, trade shows, meetings, special events, and esports competitions.

The Arlington Expo Center operates a 50,000 square-foot expo hall. The facility also is home to Esports Stadium Arlington – a
30,000 square-foot esports competition showroom, a state-of-the art broadcast and live-event production suite, as well as 8,500
square-feet of esports training, office, and team hospitality spaces.
The department administers the City’s contracts with the Arlington
Convention and Visitors Bureau (ACVB) and Esports Venues, LLC.
and works together with these partners to help increase tourism and
promote attractions and events in the Entertainment District and the
City. Esports Venues, LLC, a division of Optic Gaming, operates
and markets Esports Stadium Arlington as the premier facility in the
United States for esports events. The company also organizes and
produces esports events in the venue. The Arlington CVB is the
official Destination Management Organization for Arlington. The
ACVB functions include strategic planning and leadership, advocate
for tourism product development, hospitality & tourism workforce
development, arts and cultural heritage of the destination; oversee,
create, and implement marketing campaigns and promotions to
inspire leisure travelers to visit; the recruitment and securing of large and small scale conventions, meetings, and special events,
such as: PBR Global Cup and PBR World Finals, 2020 National Finals Rodeo, WrestleMania 38, FIFA World Cup 2026, Cotton
Bowl Classic, Esports Awards, and many more. Both partners’ sales efforts will focus on increasing the number of bookings that
utilize the ESA+EC, continuing to grow hotel room demand, increasing hotel occupancy throughout the city, and furthering the
development of the amateur sports and esports markets.

The ESA+EC is located in Arlington’s Entertainment District, and is close to Globe Life Park and Globe Life Field (Rangers),
Texas Live!, AT&T Stadium (Cowboys), Six Flags and Hurricane Harbor, and is easily accessible from Interstate 30.

The Finance Department provides support and information to assist the City Manager and the Mayor and City Council in
management decision-making. The department facilitates the development and tracking of the City’s business plan and
performance-based budget and acts as a strategic partner with departments to provide financial expertise and guidance with
City-wide impact. The department is also responsible for preparing the City’s Annual Comprehensive Financial Report,
processing payments to City vendors, preparing City payroll, procuring goods and services, monitoring consolidated tax
collection efforts, and directing the City’s cash and debt portfolio management activities. Divisions in the department include
Administration, Accounting, Payroll/Payables, Purchasing,
Treasury Management, and the Office of Management and
Budget. The Office of Management and Budget has received
the Distinguished Budget Presentation Award for the past 37
years. Under the department, Arlington was the third
Municipality to be awarded all five of the State Controller’s
Traditional Finance Transparency Stars.

FY 2024 Adopted Budget and Business Plan 13 City of Arlington, Texas