Page 149 - CityofArlingtonFY26AdoptedBudget

General Fund

Economic Development Services Expenditures

Actual Budgeted Estimated Proposed
FY 2024 FY 2025 FY 2025 FY 2026
Economic Development $ 637,320 $ 802,984 $ 723,260 $ 849,854
Land Bank 813,823 - - -
Code Compliance - - - 3,504,414
Multi-Family Inspection - - - 772,359
Clean Corridor Program - - - 2,263,457
TOTAL $ 1,451,143 $ 802,984 $ 723,260 $ 7,390,084

Scorecard

Economic Development Services FY 2023 FY 2024 FY 2025 FY 2026
Key Measures Actual Actual Estimate Target
Leads Generated New Measure in FY 2025 350 250
Leads to Prospects New Measure in FY 2025 100 25
Prospects to Approved Projects New Measure in FY 2025 25 10
Approved Project to Executed Agreement New Measure in FY 2025 25 10
Capital Investment of Executed Agreements New Measure in FY 2025 $100,000,000 $ 50,000,000
FTE Jobs Created and Retained by Executed
Agreements New Measure in FY 2025 1000 250
Business Retention and Expansion Visits New Measure in FY 2025 100 25
Marketing and Recruitment-related Events Attended New Measure in FY 2025 50 10
Code Compliance
Number of code inspection activities completed 77,846 109,157 85,000 95,000
Average number of days from initial code complaint
to first action 3 2 2 2
Percent of cases resolved through voluntary
compliance 84% 81% 70% 75%
Percent of inspection activities that are proactive 14% 17% 20% 30%
Proactive commercial corridor inspections 9,915 8,705 7,000 5,000
Tool Sharing Program – Number of tools checked out 1,037 1,807 1,200 1,200
Direct Emails and social media messages 27 205 24 24
Clean Corridor Number of Tasks Completed New Measure in FY 2026 1,200
Homeless encampment Inspections Completed New Measure in FY 2026 1,850

FY 2026 Proposed Budget and Business Plan 143 City of Arlington, Texas