EDINBURG ECONOMIC DEVELOPMENT CORPORATION ANNUAL REPORT MAYOR’S from the WELCOME DIRECTOR’S DESK It’S an Exciting Time to Live, Work and Learn in Edinburg

2017

EDINBURG ECONOMIC DEVELOPMENT CORPORATION ANNUAL REPORT MAYOR’S FROM THE WELCOME DIRECTOR’S DESK It’s an exciting time to live, work and learn in Edinburg. As the fastest developing city in the Rio Grande Valley We are growing in population, in progress and in pride. and Deep South Texas, Edinburg has everything your I’m honored to lead the City for the next four years. company needs to be successful. Exceptional Edinburg has a magnificent history of culture, educational opportunities, safe neighborhoods and education, entrepreneurship and family. Today, we superb quality of life have led to tremendous growth in continue building upon these qualities to bring new Edinburg. business to our city, improve our infrastructure, provide a talented labor pool and bring more cultural and With millions of square feet of retail and the office and educational opportunities to our city than ever before. residential construction completed in the past 5 years, We are growing and evolving and as we do that we are Edinburg has become the major employment center in making transparency and financial wellness top the Rio Grande Valley Region. Whether you're living in priorities. We’re reaching new milestones every day or visiting Edinburg, you can experience all the City promoting and developing business growth and has to offer, including professional sports and cultural stability. and recreational amenities.

If you want your business to do more, grow more and With the induction of the UTRGV Medical School, earn more, then I encourage you to look over our City Edinburg has also been transformed into a healthcare and this community and hopefully decide that Edinburg mecca with its' numerous hospitals, and more growth is the place for you and your business. is anticipated. Our workforce is very young and the A place with a business friendly environment, large Edinburg EDC is developing partnerships to ensure a labor force, strong infrastructure, resources and room qualified and trained workforce. for growth. A place with an incredible array of community assets, from arts, to education, to If you’re looking for a large, talented labor pool, a recreation. That’s Edinburg. business friendly environment, high-quality of life and low cost of living, Edinburg is the perfect place for My hope is that this report lets you in on the your business and investment. accomplishments of our Edinburg EDC, the resources that are available to you and the incredible progress our Sincerely, city is making daily. Joey Trevino Sincerely,

Your Mayor, Richard Molina

EEDC Board of Directors City Council EEDC Staff GIlbert Enriquez, President Mayor Richard Molina Mike Farias, Vice-President Mayor Pro Tem David Torres Joey Trevino, Executive Director Jorge Salinas, Secretary-Treasurer Councilmember Gilbert Enriquez Nelda Ramirez, Director of Finance & Contract Administrator Mayor Richard Molina, Director Councilmember Jorge Salinas Myra Garza, Director of Business Operations & Marketing David Torres, Director Councilmember Homer Jasso, Jr. EDINBURG AT A GLANCE

POPULATION edinburg income summary 86,263 MEDIAN HOUSEHOLD INCOME: $42,654 PER CAPITA INCOME: $19,046 MEDIAN AGE: 29.1 geographic area CITY AREA: 37.63 SQ. MI.

labor market

labor force: 40,521 (Dec., 2017) unemployment rate: 4.8% (Dec., 2017) TOTAL NUMBER OF total labor force: 38,595 (Dec., 2017) BUSINESSES 3,873 EDINBURG TOP 10 EMPLOYERS

5,822 4,878 4,600 300 600 3,386 3,137 1,400 935 303 ECISD UTRGV t (Trenton) Hidalgo County City of Edinburg Teleperformance al-Mar Edinburg Regional Edinburg W Wal-Mart (University) Wal-Mart U.S. Customs & Border Patrol U.S. Customs & Border Doctor’s Hospital at Renaissance Hospital at Doctor’s South Texas International Airport at Edinburg TAKE OFF/LANDINGS: 5,564

Now Open:

4,500 SF User Fee Customs Facility

1300 Farm to Market Road 490, Edinburg, TX 78542 Ph: (956) 292-2047 www.edinburgedc.com/international""..� airport r SOUTH TEXAS A T EDINBURG

TEXAS • EL PASO AUSTIN HOUSTON•

I I I I'

11 1, EDINBURG I 1 I

The South Texas International Airport at Edinburg is a 580-acre, user-fee airport, as designated by the U.S. Customs Service, as well as a Foreign AIRPORT INFRASTRUCTURE Trade Zone. It is a notable asset to the City of Edinburg's economic 15 hangars (100% leased) development and is poised to become significantly more important to the Rio Grande Valley and the Texas border region in the foreseeable future. 1 main hangar for large aircraft

Based on this vast and open land characteristic and its adjacency to the 1 air cargo building hurricane evacuation route (Interstate 69C/US281 ), the airport has been designated as an evacuation hub for the Lower Gulf Coast and the Rio 1 terminal building Grande Valley by the Governor's Division of Emergency Management and 24/7 self-serve aviation fuel pumps the State of Texas Military Forces. This designation emphasizes the (lowest prices in deep South Texas) importance of the airport in the event of natural disasters. 24/7 security Over the years, the number of general aviation landings and takeoffs continue to increase, while corporate aircraft activity has remained virtually Courtesty city vehicle for crew unchanged. Today, the greatest potential for increase remains in air cargo, transportation to and from Edinburg. charter flights, and border protection reconnaissance operations.

City of Edinburg recently completed a 5,000 square foot DID YOU KN OW? U.S. Customs facility to allow international flights for landing $2.2 Million in State funds for future airport improvements 580-acre, City-owned transportation complex Approximately 5.5K takeoffs and landings in 2017

Edinburg Economic Development Corporation - 415 W. University Dr., Edinburg, Texas 78541 - (956) 383-7124 office - (956) 380-2738 fax SUCCESS LOGOS

PERMIT ACTIVITY FISCAL YEAR 2017 SOURCE: CITY OF EDINBURG

Total Residential & Commercial: $272.9M UP $56.5M from FY 2016

COMMERCIAL BUILDING PERMITS RESIDENTIAL BUILDING PERMIT $50.6 MILLION $222.3 MILLION

PROPERTY TAX RATE (PER $100 ASSESSED VALUE)

CITY OF EDINBURG $0.635 HIDALGO COUNTY $0.59 EDINBURG CISD $1.2398 SOUTH TEXAS COLLEGE $0.185 DRAINAGE DISTRICT#1 $0.09570 SOUTH TEXAS ISD $0.04920 TAXATION TEXAS STATE 6.250% CITY OF EDINBURG 2.000%

TOTAL 8.250%

UNEMPLOYMENT RATE

2013 2014 2015 2016 2017 7.6% 6.6% 5.1% 4.8% 6.2% 7.4% 6.6% 4.8% 4.5% 6.4%

7.3% 6.0% 4.8% 4.7% 6.1% 6.9% 5.5% 4.6% 4.5% 5.4% 7.6% 6.1% 4.8% 4.5% 5.4%

8.1% 6.9% 5.5% 5.4% 5.9%

7.9% 6.9% 5.7% 5.5% 5.7% 7.5% 6.9% 5.4% 5.4% 6.2% 7.5% 6.1% 5.0% 5.5% 5.5%

7.4% 5.9% 4.9% 4.7% 4.7%

6.9% 5.5% 4.7% 4.6% 4.8% 6.8% 4.8% 4.7% 5.1% 4.9%

SALES TAX COLLECTION

% Inc/Dec % Inc/Dec % Inc/Dec % Inc/Dec % Inc/Dec 2013 2014 2015 2016 2017 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017

1,368,779.86 11.99% 1,444,833.75 5.56% 1,541,612.70 6.70% 1,548,660.37 0.46% 1,523,109.54 -1.65% 1,691,161.40 1.30% 2,140,298.48 26.56% 2,087,133.29 -2.48% 2,219,178.85 6.33% 2,248,780.54 1.33% 1,264,487.44 7.93% 1,325,913.55 4.86% 1,487,995.88 12.22% 1,516,885.34 1.94% 1,573,510.95 3.73% 1,309,293.63 5.06% 1,364,200.96 4.19% 1,560,490.17 14.39% 1,560,406.24 -0.01% 1,543,532.91 -1.08% 1,580,441.48 0.21% 1,753,587.06 10.96% 1,926,165.61 9.84% 2,081,109.95 8.04% 1,969,548.16 -5.36% 1,274,558.63 -0.22% 1,515,235.89 18.88% 1,582,767.61 4.46% 1,631,159.72 3.06% 1,612,167.24 -1.16% 1,322,830.78 1.56% 1,518,208.18 14.77% 1,561,948.68 2.88% 1,730,440.77 10.79% 1,690,753.15 -2.29% 1,586,881.79 3.98% 1,733,714.45 9.25% 1,843,334.30 6.32% 2,000,505.08 8.53% 1,931,396.03 -3.45% 1,322,478.58 -0.97% 1,489,519.36 12.63% 1,549,113.91 4.00% 1,601,962.79 3.41% 1,595,898.10 -0.38% 1,351,192.97 -1.52% 1,467,867.49 8.63% 1,671,788.87 13.89% 1,702,561.82 1.84% 1,657,589.94 -2.64% 1,502,674.83 3.32% 1,680,118.10 11.81% 1,864,640.98 10.98% 1,933,808.59 3.71% 1,963,990.26 1.56% 1,333,144.01 4.90% 1,458,157.23 9.38% 1,568,278.46 7.55% 1,644,571.30 4.86% 1,624,490.61 -1.22% 16,907,925.40 2.94% 18,891,654.50 11.73% 20,245,270.46 7.17% 21,171,250.82 4.57% 20,934,767.43 -1.12%

1616 S Raul Longoria Rd • Edinburg, TX 78542 (956) 972-1144 capacity: 9,735

"Edinburg is becoming the sports and entertainment hub of the Rio Grande Valley.” —Vipers President Bert Garcia ECONOMIC INDICATORS

City of Edinburg Total Building permits 2017

2017 resulted in 40,183

jobs in the City of Edinburg EDINBURG Home to a modern lifestyle

EDINBURG A CITY OF NEW IDEAS

SPORTS & ENTERTAINMENT GOVERNMENT RGV TOROS HIDALGO COUNTY COURTHOUSE RGV VIPERS CITY OF EDINBURG UTRGV ATHLETICS U.S. CUSTOMS & BORDER HDQTRS AMC IMAX THEATRE DPS MEGA CENTER CINEMARK BISTRO

EDUCATION HEALTHCARE 9 Hospitals 30 ELEMENTARY SCHOOLS DHR Transplant Institute 7 MIDDLE SCHOOLS Edinburg Regional Rehab Center 4 HIGH SCHOOLS 5 ALTERNATIVE SCHOOLS 3 INDEPENDENT/CHARTER SCHOOLS TRANSPORTATION: 1 UNIVERSITY OF TEXAS RIO GRANDE VALLEY 1 UTRGV MEDICAL SCHOOL Transit Facility South Texas International Airport at Edinburg 1 TEXAS A&M UNIVERSITY within 1 mile radius

YOUNG POPULATION

700 BABIES 785 births 9,100 BIRTHS BORN PER MONTH BORN PER YEAR UNIVERSITY OF TEXAS RIO GRANDE VALLEY Total (DHR) (edinburg regional) POPULATION IS EXPECTED TO INCREASE TO BORN PER YEAR 50,000 Edinburg Consolidated ISD Academics • ECISD students and teachers have received the highest academic awards at Region, State, and Federal levels. • Edinburg CISD is one of the most highly academically recognized school districts in the State of Texas. • Enroll in Edinburg CISD and learn and grow in an enriching and supportive academic environment! Technology • ECISD Innovates Teaching and Learning through Student, Parent, and Teacher Technology Conference and Camps. • Enroll with Edinburg CISD and stay on the edge of innovation in education! Career & Technical Education • Career and Technical Education Programs connect students with employers and develop marketable job skills. • ECISD students attain a record number of industry certifications that translate to direct workforce earning potential. • Enroll in Edinburg CISD and gain industry aligned job skills and certifications as a student! Athletics • ECISD Athletic Programs develop the teamwork and discipline necessary to compete and succeed in an evolving job market. • Athletics Programs are designed to develop a competitive edge and comradery. • Enroll in Edinburg CISD and be a part of or cheer on one of our teams! Fine Arts • ECISD Fine Arts Programs refine our students’ artistic interests and abilities. • Fine Arts Programs develop well-rounded students who thrive in music, dance, and other competitive activities. • Enroll in Edinburg CISD and develop well-rounded artistic skills and abilities! After-School Programs • After-School Programs in Edinburg CISD provide students with enriching opportunities to participate in creative and engaging educational, athletic, and fine arts activities and programs. ECISD After-School Programs at designated schools are also designed to support ECISD parents and families who work through 5 PM. • Enroll in Edinburg CISD and have your child participate in school sponsored after-school activities and events from 3:30 PM -5:30 PM. Monday-Friday. • Pick your child up from school between 5 PM - 5:15 PM daily. Board of Trustees Administration Xavier Salinas, President Dr. René Gutiérrez Carmen González, Vice-President Superintendent of Schools Robert Peña, Jr., Secretary Assistant Superintendents Miguel “Mike” Farias, Member, Sonny Palacios, Member, Eduardo Moreno, Dr. Rebecca Morrison, Oscar Salinas, Member, Ellie Torres, Member Dr. Mario Salinas, Eva Tristan Torres It is the policy of Edinburg C.I.S.D. not to discriminate on the basis of sex, age, handicap, religion, race, color, or national origin in its educational programs. Es poliza del Distrito Escolar de Edinburg el no discriminar por razones con base en sexo, edad, religion, raza, color, origen nacional, ni descapacidad dentro de sus programas educacionales. (ECISD Public Information Office Publication) 11/1 COMPETITIVE BUSINESS CLIMATE

EDINBURG COST OF LIVING

09% Overall Cost of 24% BELOW Living in Texas Overall Cost of NATIONAL BELOW AVERAGE Living in Edinburg NATIONAL AVERAGE

UTILITIES Category with Highest Index UTILITIES SAME AS Category with Highest Index NATIONAL BELOW NATIONAL AVERAGE AVERAGE

ANNUAL COST OF LIVING:

$30,453 $52,232 $74,018 adult with married couple married couple NO children with ONE child with FOUR children

Sources: Economic Policy Institute, The Council for Community and Economic Research (C2ER), BLS, U.S. Department of Labor, American Community Survey, and United States Census Bureau.

DON’T TAKE OUR WORD FOR IT... McAllen-Edinburg-Mission MSA ranked 1st in 2016 by U.S. News and World Report for 20 BEST places to live in the U.S. for quality of life.

EDINBURG RIO GRANDE VALLEY HOTEL OCCUPANCY

FUN FACT: Over $100M in Retail Sales at the Shoppes at RGV

Average Hotel Occupancy Rate from 2015-2017 55%

EDINBURG: UTRGV MEDICAL SCHOOL TRENDING IN THE RIGHT DIRECTION

• Has founded the South Texas Diabetes and Obesity Institute;

• sponsor, seven medical residency programs at five Valley hospitals –Valley Baptist Medical Center- Harlingen, Doctors Hospital at Renaissance, McAllen Medical Center, Valley Baptist Medical Center-Brownsville, and Knapp Medical Center;

• Received preliminary accreditation from the Liaison Committee on Medical Education (LCME);

• And completed its $54 Million Medical Education Building on the Edinburg Campus, before welcoming its first cohort of 55 students in June 2016. 20 17 ANNUAL REPORT

415 West University Dr. Edinburg, TX 78541 956.383.7124 956.380.2738 www.edinburgedc.com