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EDC narrows strategic‑plan KPIs; staff to supply incentive performance and 3‑year sales‑tax forecast
Summary
Staff presented revenue growth and proposed KPIs; the board favored keeping Pillar 1 focused and removing a second KPI from it, and asked staff and finance for a 3‑year sales‑tax forecast and incentive performance data to set numeric targets under Pillar 2.
David Amzer, executive director of strategic operations for the Hutto Economic Development Corporation, presented historical revenue and valuation figures and recommended KPIs tied to the EDC’s strategic pillars. Amzer said the city’s overall revenue rose from about $16.8 million to roughly $35.5 million between 2019 and 2025, and HEDC sales tax increased from approximately $1.4 million to $3.8 million over the same period.
Board discussion focused on the need to make KPI language measurable and to differentiate strategic‑development readiness (infrastructure/CIP) from business‑attraction metrics. Several members suggested numeric targets and a pro‑forma pipeline tracker for recruited projects so the board can monitor commitments versus actual tax performance. The board directed staff to remove the second KPI from Pillar 1, have finance produce a recommended three‑year sales‑tax forecast, and provide an analysis of existing incentive agreements to show current performance and a baseline for future KPI targets.
