FY 2013 Popular Annual Financial Report FY 2013 Popular Annual Financial Report | Page 6

Financial Look
Back at 2013
Trends
The financial picture for the City
of Arlington continues to improve,
but we have not completely recovered
from the economic downturn. The
City’s revenues saw modest increases,
although not quite as high as budgeted.
Property taxes finished FY 2013
slightly under budget. The difference
can be attributed mainly to increased
property tax litigation that resulted
in taxable values being adjusted for a
five-year retroactive period. The City’s
unemployment rate, while lower than
both the state and national rate, was
and remains higher than historical
levels. Foreclosures have slowed while
sales tax revenues increased somewhat.
We have had to be careful with
and thoughtful about our resource
allocations. We remained conservative
in planning for the future, with a
continued focus on priorities.

efficiency in citywide recycling,
increased participation and conserved
landfill capacity.
• $20 Million Industrial Project
Coming to Arlington
Exeter Property Group broke ground on
Arlington Commerce Center Building
C, a state-of-the-art 821,000 square
foot distribution facility in Arlington.
The location is ideal for distribution
because of its access to Interstates 20,
30, 35 and 45, and State Highway 360.
• Local and Minority and WomenOwned Business Enterprise
(MWBE) Program
As part of an ongoing initiative to
increase the amount of business
done with local companies, the City’s
purchasing division added a new
coordinator to work with local and
disadvantaged, minority and womenowned business enterprises.

Notable Accomplishments
• New Recycling Carts

• Union Pacific Rail Renewal
Project

New wheeled recycling carts replaced
the smaller, open-topped bins used
previously. Recycling is collected using
trucks with robotic arms that lift and
tip the containers into the truck. The
move to automated recycling improved

Union Pacific replaced 13 miles of rail
in the City, requiring the simultaneous
closure of numerous railroad
crossings for several days at a time.
Collaboration with UP minimized
business and resident disruptions.

Sales Tax Revenues
FY 1995 - 2013

$60,000,000
$50,000,000
$40,000,000
$30,000,000
$20,000,000
$10,000,000
$0
FY 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13

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