Page 15 - HaltomCityFY25Budget

• H Mart w/over 50 outlets (restaurants, salons, bakeries, etc.)
• DG Market

• Wing Stop

• Hibbett Sports
• Five Below

• DD’s Discounts Clothing

• City Trendz is now open in Haltom Plaza
• New Holiday Inn almost complete

• Jefferson Fossil Creek Multi-family is now open.

• The 1 phase of the Stream Luxury Multi-family is under construction. Eventually over 1,000 units
st
• Heritage Village Subdivision (412 homes) are currently under construction with DR Horton joining the
remaining development.

• JPI’s Baker Blvd Multi-family development will begin this year.
• Air817 Building on 377 is completed housing the New Journey Dome

• Our three Marriotts with multiple retail/restaurant outlets are scheduled to start construction in the
summer of 2025.

• Scannell Distribution Center on 377 is now complete and fully leased.

• Total Point Urgent Care Center will be opening in the old CVS Building and open 24/7.
And many more economic development projects are underway.

This new growth has begun to significantly broaden the Ad Valorem Tax base. Retail and restaurants will
increase sales tax revenue by serving as a catalyst for additional retail development. In addition, these
large developments bring jobs and prosperity to Haltom City and the surrounding region. The new growth
will also assist in creating revitalization opportunities throughout the community.

Compensation

To remain competitive in the job market employee compensation and benefits continue to be a priority. In
the past, the city fell significantly behind the market. When you fall too far behind the market in employee
compensation it is almost impossible and too costly to catch up. We all understand that it costs more
to hire and train new employees and we understand employee retention is very important. When we
become the training ground for others, there is a loss in efficiency and effectiveness in providing quality
services. Our employees and our citizens deserve the benefits of adequately compensated work teams.
Haltom City will continue to strive to, not only review compensation, but be creative with retention tools
such as alternative work schedules, relaxed dress code, increased paid holidays, and other benefits.