FY 2010 Popular Annual Financial Report FY 2010 Popular Annual Financial Report | Page 2
Message from the Mayor
Dear Reader,
The Arlington City Council and I are honored to present the
2010 Popular Annual Financial Report: Meeting the Challenge. We
believe that providing you, our citizens, with a clear and concise
look at the work we do is paramount to responsible government.
In 2010, we faced the aftermath of what some have called
the worst economic downturn since the Great Depression. A slow
economy, depressed housing market and flat sales tax revenue put
huge financial pressures on the City’s ability to continue providing
service. Yet, Arlington has a history of working together and using
conservative financial strategies to meet challenging times. Our
ability, Council and staff, to develop and balance a $300 million
budget is a daunting task, even during a good year.
Auditing and reporting the City of Arlington’s financial status
is an important responsibility. Staff throughout the organization
works closely with Finance to ensure that transactions are
correctly calculated and posted. Routinely throughout the year, the
Council and I are briefed on our financial position. We are given
opportunities to make adjustments, as needed, to meet community
priorities.
In this report
The year 2010 also presented great opportunities. The
Entertainment District sales tax revenues were strong due to the
increase in number of fans attending events and having fun at Six
Flags over Texas, the Rangers Ballpark and Cowboys Stadium.
Arlington taxpayers voted to renew the streets maintenance sales
tax for street repair, and the City was awarded just over $20 million
in federal funding from the American Recovery and Reinvestment
Act for all types of grants including energy and conservation block
grants.
Message From the Mayor...................................................2
City Council.......................................................................3
Message From the City Manager........................................4
.
Strategic Performance Plan................................................5
A Look Back.......................................................................6
Strategic Planning Cycle.....................................................8
Although 2010 was a demanding year, the City of Arlington
met our financial challenges. I’m proud of the work that has been
done to sustain the City during truly challenging times and offer
this report on the financial status of our great city.
Community Profile.............................................................9
Neighborhoods. ............................................................... 10
.
Economic Development....................................................12
Capital Investments. ........................................................ 14
.
Sincerely,
Strategic Support............................................................. 16
Robert N. Cluck, M.D.
Achievements in Service...................................................18
Arlington Mayor
Robert.Cluck@arlingtontx.gov
817.459.6121
Financial Highlights..........................................................20
A Look Forward................................................................23
Popular Annual Financial Report for 2010
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