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Strategic Business Plan

Goal 3: Diversify and strengthen the local economy in order to sustain a strong tax base and quality city
services long term.
Goal #3 is about diversification of not only the local economy, but the city's revenue as well. Employment data indicates that the local
economy is transitioning from one with a concentration in the service sector to one more balanced, with increased jobs and wages related
to education and medical. As this long-term goal is implemented, the city's revenue should become less sales tax dependent and more
property tax oriented, as seen in the majority of other Texas cities. In the 2020-21 Budget summary, charts were provided that indicate that
great progress has been made in the Goal and all trends indicate a continuation of this diversification, COVID impacts notwithstanding.
Strong growth in median residential sales prices further assist with this diversification and confirm an increase in household income of
McAllen residents.
Department/ Total Estimated Budget
Time-
Num Objective Agency Project Cost FY 19-20 FY 20-21 Status /Rationale
line
Strategy 3.1: Strategically bring new industry to the region.
International Trade between Maquila's and
Facilitate expansion of Anzalduas Anzalduas Bridge,
3.1.1 International Bridget to accommodate Bridge Board, Multi- $54M $1,000,000 $3,000,000 Trade Zone, expansion to facilitate rapidly
growing produce importation. This year:
year
truck traffic Commission
Cargo Design
Focus is on industrial recruitment, larger
Continue support of McAllen Commission
3.1.2 Commission Ongoing $1,136,391 $900,000 international manufacturing, job training
Economic Development Corporation Vote
partnerships, etc.
Targeted business recruitment Commission Added funds to attract business and
3.1.3 City Manager Ongoing Varies Program
working with the State of Texas. Vote industry to the area via Texas One, etc.
Commission Membership fees cover presenting a united
3.1.4 Funding of Border Trade Alliance Commission Ongoing Program Program
Vote front regarding Border Region issues.
Funding of South Texas Border Commission Membership fees cover presenting a united
3.1.5 Commission Ongoing Program Program
Partnership Vote front regarding Border Region issues.
Trenching/Boring $100,000
3.1.6 City Fiber Optic Networking City Mgr., I.T. Ongoing Ongoing Program Program Fiber/Conduit/Pull Boxes $100,000 Fiber
Pull $100,000/year
Attract medical specialties and Provides better health services to the
services not currently available in citizens of McAllen, bring regional medical
3.1.7 MEDC Ongoing Ongoing Program Program
McAllen and develop a plan to bring consumers to McAllen, which will also result
them here in retail sales.
Continue 380 Economic Incentive
Agreements for new & existing Economic Incentives; vary depending upon
3.1.8 City, MEDC Ongoing Varies $3,251,385 $4,191,202 prospect's impact on the community; new
businesses for general business and jobs, major new added property value, etc.
property base expansion.
Continue efforts to ease bridge
3.1.9 crossing to and from Mexico; secure Bridge Ongoing Program Program Program Work to enhance and expand commercial
business & international trade.
grants to facilitate truck traffic.
Continue to work to enhance variety Demographics indicate substantial
3.1.10 of higher education opportunities, MEDC Ongoing Program Program Program opportunities in the region, plus a need for
enhancing region's skilled labor pool higher educated work force.
Increase marketing efforts to recruit Matching grant programs, 380 Agreements
3.1.11 City Mgr., Retail Ongoing Program Program Program
and retain business for selected, new retailers.
Construct new facility for bus inspections by
Construction of FMCSA at the
3.1.12 Bridge 1-2 yr $1,717,269 $753,936 $963,333 Federal Motor Carriers Safety
Hidalgo Port of Entry
Administration at Hidalgo.
Work with UTRGV to attract medical Provides opportunity to create high paying
manufacturing opportunities to research and manufacturing jobs to the
3.1.13 McAllen. Establish a plan to work MEDC Ongoing Ongoing Program Program citizens of McAllen, allowing us to raise the
with drug companies to do clinical income level and standard of living in our
trials here community.
Facilitate creation of UTRGV Medical Land to be repaid; 49 acres; infrastructure
3.1.14 City Commission Ongoing Ongoing $1,000,000 $1,000,000
District funded by City as Economic Incentive
Continue to expand manufacturing
base by attracting primary service and Multi- This sector has the greatest impact on
3.1.15 MEDC Program Program Program bringing new money into the local economy
manufacturing investment/jobs to year and provides long-term revenue growth.
McAllen
Increase focus on attracting higher Recent growth in local educational
skilled, higher wage jobs & Multi- institutions has resulted in an enhanced
3.1.16 MEDC Program Program Program
professional careers in medical & year MEDC focus on jobs in this area, working
research fields with regional stakeholders.
Work closely with the local
development community to insure we Multi- As the demand for larger buildings, often
with specialized requirements, continues to
3.1.17 have available buildings necessary to MEDC year Program Program Program grow, it is important to respond quickly to
support new manufacturing related-
companies customers' demands for available space.
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