Page 220 - CityofGrapevineFY25AdoptedBudget

FY 2024-25 APPROVED OPERATING BUDGET
Special Revenue Fund
Economic Development
124-124-001

FOCUS AREA(S)
Financial Stability, High Service Levels/Qualify of Life
Department Description
The Economic Development Department is responsible for promoting economic growth through business retention and
attraction, maintaining a positive relationship with developers, brokers, and other business professionals in order to
encourage business expansion. The Department is also responsible for liaise with new businesses and city departments
to assist with required permitting, utility service arrangements, building and fire codes, zoning and occupancy
approvals.

Mission Statement
“To maintain, expand, and diversity the unique and successful business climate that exists in Grapevine."

FY24 Department Accomplishments
 Business openings our department impacted:
o Firebird’s
o Beth Marie’s
o Painted Tree
o Milkshake Factory
o Black Sheep Coffee
o Rock & Brews
o Sam’s Club
 Healthy variety of prospects for the City to consider.
 Comprehensive studies utilizing Placer.ai data to analyze:
o Christmas Capital of Texas 2023
o Crossroads Multi-Year Diagnostic
 Several conferences and trainings attended by all members of the department.

FY25 Department Goals and Objectives
 Proactively execute business development strategies and identify quality business prospects.
 Strategically plan inbound economic development marketing strategy.
 Provide excellent customer service for key business stakeholders.
 Facilitate cross-departmental collaboration to increase the efficiency and impact of city programs.

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