10/03/2023-4A-Agenda Packet-Regular (2)4A INDUSTRIAL DEVELOPMENT BOARD
MEETING AGENDA
OCTOBER 03, 2023, 6:00 PM
4A INDUSTRIAL DEVELOPMENT BOARD SPECIAL MEETING
HISTORIC CHURCH BUILDING - 403 N 7TH STREET, SANGER, TEXAS
CALL THE REGULAR MEETING TO ORDER AND ESTABLISH A QUORUM
INVOCATION AND PLEDGE
CITIZENS COMMENTS
This is an opportunity for citizens to address the Board on any matter. Comments related to
public hearings will be heard when the specific hearing begins. Citizens are allowed 3 minutes
to speak. Each speaker must complete the Speaker’s Form and include the topic(s) to be
presented. Citizens who wish to address the Board with regard to matters on the agenda will
be received at the time the item is considered. The Board is not allowed to converse, deliberate
or take action on any matter presented during citizen input.
CONSENT AGENDA
All items on the Consent Agenda will be acted upon by one vote without being discussed
separately unless requested by a Board member to remove the item(s) for additional discussion.
Any items removed from the Consent Agenda will be taken up for individual consideration.
1. Consideration and possible action on 4A minutes from 07-03-2023.
DISCUSSION ITEMS
2. 2020 Action Plan Update.
ACTION ITEMS
3. Consideration and possible action on electing officers for the Sanger Industrial
Development Corporation.
REPORTS
Staff Reports are for discussion only. No action may be taken on items listed under this portion
of the agenda.
4. Financial Reports.
5. Director’s Report.
1
FUTURE AGENDA ITEMS
The purpose of this item is to allow the President and Board members to bring forward items
they wish to discuss at a future meeting, A Board member may inquire about a subject for
which notice has not been given. A statement of specific factual information or the recitation of
existing policy may be given. Any deliberation shall be limited to a proposal to place the subject
on an agenda for a subsequent meeting. Items may be placed on a future meeting agenda with
a consensus of the Board or at the call of the President.
ADJOURN
NOTE: The Board reserves the right to adjourn into Executive Session as authorized by Texas
Government Code, Section 551.001, et seq. (The Texas Open Meetings Act) on any item on its
open meeting agenda in accordance with the Texas Open Meetings Act, including, without
limitation Sections 551.071-551.087 of the Texas Open Meetings Act.
CERTIFICATION
I certify that a copy of this meeting notice was posted on the bulletin board at City Hall that is
readily accessible to the general public at all times and was posted on the City of Sanger
website on September 27, 2023 at 1:00 PM.
/s/Shani Bradshaw
Shani Bradshaw, Director of Economic Development
The Historical Church is wheelchair accessible. Request for additional accommodations or sign
interpretation or other special assistance for disabled attendees must be requested 48 hours
prior to the meeting by contacting the City Secretary’s Office at 940.458.7930.
2
4A INDUSTRIAL DEVELOPMENT BOARD
COMMUNICATION
DATE: October 3, 2023
FROM: Shani Bradshaw, Director of Economic Development
AGENDA ITEM: Consideration and possible action on 4A minutes from 07-03-2023.
SUMMARY:
Consideration and possible action on 4A minutes from 07-11-2023.
FISCAL INFORMATION:
Budgeted: NA Amount: NA GL Account: NA
RECOMMENDED MOTION OR ACTION:
Staff recommends approval.
ATTACHMENTS:
4A minutes from 07-03-2023
3
Item 1.
4A INDUSTRIAL DEVELOPMENT BOARD
MEETING MINUTES
JULY 11, 2023, 6:00 PM
4A INDUSTRIAL DEVELOPMENT BOARD REGULAR MEETING
DEVELOPMENT SERVICES BUILDING - 201 BOLIVAR STREET, SANGER, TEXAS 76266
CALL THE REGULAR MEETING TO ORDER AND ESTABLISH A QUORUM
Board Member Kundrock called the meeting to order at 6:00 P.M.
BOARD MEMBERS PRESENT
Board Member, Place 1 Chris Kundrock
Board Member, Place 2 Sue Allison
Board Member, Place 3 Shannon Gann
Board Member, Place 4 Nancy McAlister
Board Member, Place 5 Drew Hall
BOARD MEMBERS ABSENT
No member absent
STAFF MEMBERS PRESENT
Director of Economic Development Shani Bradshaw, and Secretary Emily Harris
CITIZENS COMMENTS
No citizens came forward to speak
CONSENT AGENDA
1. Consideration and possible action on 4A minutes from 05-02-2023.
Director Bradshaw requested to fix the minutes by removing Board Member Hall from
being Present at the meeting. He was absent on 05-02-2023.
Motion to approve the consent agenda was made by Board Member McAlister,
Seconded by Board Member Gann.
Voting Yea: Board Member Kundrock, Board Member Allison, Board Member Hall. The
motion passes unanimously.
4
Item 1.
ACTION ITEMS
2. Consideration and possible action on the 4A Fiscal year 2023-2024 Budget.
Motion to approve the 4A Fiscal Year 2023-2024 Budget was made by Board Member
Hall. Seconded by Board Member McAlister.
Voting Yea: Board Member Kundrock, Board Member Allison, Board Member Gann. The
motion passes unanimously.
REPORTS
Staff Reports are for discussion only. No action may be taken on items listed under this portion
of the agenda.
2. Director’s Reports.
Director Bradshaw goes over the financial reports.
3. Financial Report.
Director Bradshaw gives a brief update on projects she has been working on.
FUTURE AGENDA ITEMS
There were no future items discussed.
ADJOURN
Board Member Kundrock adjourned the meeting at 6:49 PM
5
Item 1.
4A INDUSTRIAL DEVELOPMENT BOARD
COMMUNICATION
DATE: October 3, 2023
FROM: Shani Bradshaw, Director of Economic Development
AGENDA ITEM: 2020 Action Plan Update.
SUMMARY:
Staff will provide an update on the 2020 Action Plan
FISCAL INFORMATION:
Budgeted: NA Amount: NA GL Account: NA
RECOMMENDED MOTION OR ACTION:
ATTACHMENTS:
2020 Action Plan Progress Report
6
Item 2.
2020-08-04
Rank Objective When
(M/Y)Resp.%Notes
1
A Engage with Marketing Director to create a
Marketing Plan
Jul-22 Staff 100%Work with Donna on content
B Review Plan and make changes Jul-22 Staff 100%Minor changes made
C Present to Board Aug-22 Staff 100%Reviewed by Board
2
A Identify available sites and buildings Apr-19 Staff 100%Drove area to identify sites
B Research appraisal distric info and zoning Apr-19 Staff 100%Reseachered DCAD and zoning map
C Identify broker/rep/owner May-19 Staff 100%Identified broker/owner information
D Develop report formate May-19 Staff 100%Work with consultant on format
E Post to Website Jun-19 Staff 100%Post to ED website
F *Resimplifi - Commerical Data Service Jul-23 Staff 100%Contract with Property Data Listing Service to
main commercial property data on website
3
A Create outline of desired topis
B Determine date/time/schedule
4
A Engage with Consultant Sep-20 Staff/Board 100%Greg Last, EDP Best Practices
B Present approved Action Plan to Council Oct-20 Staff 100%CC felt plan was very well put together
C Implement standing agenda item Oct-20 Staff 100%Standing agenda item
5
A May need to engage with consultant Apr-22 Staff 100%Engage with consultant. Provided list of CRM
databases to research
B Program evaluation Jun-22 Staff 100%Research EDOIQ
C Identify groups/data to document Oct-22 Staff 50%Enter Properties, Projects, Etc
5
A Identify desired location Feb-23 Staff/Board 20%Work with Board and City to identify locations -
In progress
B Cost Estimates
C Contract and construction
7 Implement a comprehensive BRE program
A Create contenct for program Oct-21 Staff 100%Program overview, goals, objectives
B Implement Program Oct-21 Staff 100%Complete
7 Develop maps adequate to market location,
local and regional assets
A Contact for aerial provider Aug-22 Staff 100%Dynamic Map Poster w/ Flyer View
B Establish contents for Community Profile Oct-22 Staff 100%Complete
E Delivery Dec-22 Staff 100%Complete
9 Utilize Consultant(s) to increase productivity
Develop a program to engage builders / brokers / developers
Adopt an Action Plan and implement objectives
Develop a comprehensive CRM database
Identify and fund infrastructure that supports business growth
Sanger Industrial Development Corporation
Mission - Goals - Objectives (MGO) Progress Report
The mission of the Sanger EDC is to retain, strengthen and diversify our local economy
while capitalizing on our location in north central Texas.
Enhance Marketing and Promotion Efforts
Develop a Sites & Buildings Summary
Sanger Industrial Development Corporation MGO Progress Report Page 1 of 7
7
Item 2.
Rank Objective When
(M/Y)Resp.%Notes
A Identify projects to be done Staff 100%Incentive policy, Marketing & Promotional Plan,
Local Regional Data Report, Dashboard, CRM
Database
B Engage and pursure projects Staff 80%Hired consultant to assist with Incentive Policy,
Local Data Report, and Dashboard. Marketing
Plan completed in house. Staff has engaged with
EDOIQ -CRM Data Base - in progress
9 Emphasize advantages with marketing and
website
A List of advantages to marketing Jul-21 Staff 100%Present to Board
B List of advantages to website Jul-21 Staff 100%Present to Board
11 Implement a Local Business Report program
A Develop LBR program overview Oct-22 Staff 100%Complete
B Identify businesses to visit 100%Staff/Chamber visit businesses monthly.
Visitations are noted in spreadsheet
C Develop visitation form Oct-22 Staff 100%Complete
11 Adopt a comprehensive Incentives Policy
A Engage consultant Apr-21 Staff/Board 100%Greg Last, EDP Best Practices
B Identify existing issues/opportunities May-June
2021
Staff/Board 100%Work with staff
C Determine desired incentives Jul-21 Staff/Board 100%Work with staff
D Incentive Training Sep-21 Board/CC 100%Training Workshop with Boards and CC
E Adopt Policy and Application Mar-22 Staff/Board 100%CC adopted Policy
F Post application on website Apr-22 Staff 100%Complete
11 Develop a comprehensive and professional
Website
A Collect up to 3 proposals May-21 Staff 100%Budget 2021-2022
B CoServ grant request Oct-21 Staff 100%Sent application to CoServ
C CoServ Grant Approved Dec-21 Staff 100%Rec'd email we've been approved for Grant
D Kick off Website Design Jan-22 Staff 100%Complete
E Website Completion Feb-23 Staff 100%Go live February 3, 2023
Sanger Industrial Development Corporation MGO Progress Report Page 2 of 7
8
Item 2.
Rank Objective When
(M/Y)Resp.%Notes
14 Establish Board Member roles and
responsibilities
A Establish Roles and Responsibilities Dec-20 Staff 100%Create New Board Member Packet
B Training, conferences and sub-committees(if
needed)
Dec-20 Staff 100%Include training opportunities in Packet and
offer to members when available - Ongoing
14 Develop orientation / on-boarding
for new Board members
A Develop outline of topics to cover Dec-20 Staff 100%Establish New Board Member Packet
B Identify Training Providers Dec-20 Staff 100%Establish New Board Member Packet
14 Work with B Board to leverage resources to
attract businesses
A Joint meeting
B Resources to attract businesses &
development
14 Participate in Comprehensive Plan update to
support business
A Select Board member to be part of CP Aug-20 Staff 100%Attend monthly CP meetings
B Select Board member to be part of Branding Aug-20 Staff 100%Attend Monthly Comp Plan meetings and
Branding meetings
14 Contract for professional photography as
needed for M&P
A Quotes from professional Apr-21 Staff 100%Received 2 Quotes
B Establish date for photo session May-21 Staff 100%Michael Duran Photography
C Review Photos May-21 Staff 100%Complete
20 Develop a Performance Dashboard
for reporting
A Develop tracking document Dec-21 Staff 100%Excel
B Evaluate Dashboard periodically Staff 100%Ongoing
20 Identify training needed / desired by Board and
Staff
A Discuss desired/needed training Apr-21 Staff/Board 100%Incentive Policy Training
B Identify training providers Apr-21 Staff/Board 100%Greg Last, EDP Best Practices
C Schedule and take training Sep-21 Staff/Board 100%Complete
20 Monitor activities / programs of competing cities
for Best Practices
A Identify cities to monitor Staff 100%Gainsville, Celina, Pilot Point, Forney, Burleson,
Terrell
B Assign a Board member to each one
C Identify items to monitor Staff 100%Events, social media, newsletter, projects,
marketing
D Report at Board Meeting
20 Evaluate opportunities to acquire EDO
properties
A Identify & evaluate potential properties February Staff/Board 20%Work with City to Identify properties- Progress
B
24 Identify additional funding sources to assist with
projects / programs
A Research grants Aug-23 Staff 100%Complete
B List of grants available for projects/programs Aug-23 Staff 50%Progress
24 Establish an Incentive Management Program
Sanger Industrial Development Corporation MGO Progress Report Page 3 of 7
9
Item 2.
Rank Objective When
(M/Y)Resp.%Notes
A Identify outstanding incentives Jan-21 Staff 100%
B Develop Tracking report format Jan-21 Staff 100%Excel
C Enter critical data/dates Jan-21 Staff 100%Complete
D Monitor performance deadlines Jan-21 Staff 100%Calendar reminder / Finance Department
24 Attend the NTCAR broker-developer trade show
in Dallas
A Register and attend Trade Show May-21 Staff 100%To be held on September 2 at Gilleys - Dallas
Sanger Industrial Development Corporation MGO Progress Report Page 4 of 7
10
Item 2.
Rank Objective When
(M/Y)Resp.%Notes
24 Assist in funding acquisition and development of
GIS mapping
A Purchase GIS software Sept Staff 100%Contract with GIS Planning
B Training on new software January Staff 100%Complete
C Implement maps on EDC webpage Janury Staff 100%Complete
28 Take training to understand the City Comp Plan
A Determine date/time and schedule Sep-21 Staff/Board/
CC
100%Comp Plan overview was presented to the
Boards, City Council, P&Z and Staff
28 Enhance communication with Citizens /
stakeholders
A Increase social media presence Jan-22 Staff 100%Work with Marketing Director to create and
post regulary on all social media sites.
B Create an e-newsletter Sep-22 Staff 100%Quarterly ED Newsletter - ongoing
C Infographics and Video 2024 Staff 50%Staff had meeting with Neon Cloud, will start
producing video spring of 2024
D SEDC LinkedIn Page Sep-23 Staff 10%Work w/Marketing Director to create LinkedIn
Page
E Video Series Sep-22 Staff 100%Hire professional photographer to
interview/film sanger businesses
F Instagram Feb-23 Staff 50%Work w/Marketing Director to create Instagram
Page
28 Engage the local Workforce Development Staff
and Board
A Create outline of topics
B Determine date/time
C Hold meeting
28 Enhance relationships with County / Chamber
A Hold quarterly meetings with Chamber Jul-21 Staff 100%Quarterly meeting with Staff, Chamber and
Mayor - Ongoing
B Quarterly luncheons with Denton County,
Little Elm, Pilot Point, Celina and Prosper EDC
Dec-22 Staff 50%Work with other EDCs to organize luncheons.
C Attend Quarterly luncheons with Denton
County
Staff 50%Staff met with County about having quarterly
luncheons with all EDO's in Denton County. In
progress
28 Develop a Traffic Count Report
A Engage consultant Dec-19 Staff 100%Greg Last, EDP Best Practices
B Determine locations Jan-20 Staff 100%Identified locations to place markers
Create document and post on website Jan-20 Staff 100%Posted on ED Website
33 Establish a document to record projects and
activities of the EDO
A Development tracking document Jan-21 Staff 100%Excel
33 Take training on Business Retention & Expansion
A BREI Courses Aug-22 Staff 100%Received Certification
33 Director / Coord. to pursue CEcD certification
A Courses completed May-17 Staff 100%Graduated from the OU ED Program
B Courses still needed Primer to the CEcdExam Process
C Budget adequately
D Schedule participation
Sanger Industrial Development Corporation MGO Progress Report Page 5 of 7
11
Item 2.
Rank Objective When
(M/Y)Resp.%Notes
37 Take training on Local incentives
A Identify desired training content Aug-21 Staff 100%
B Engage consultant Aug-21 Staff 100%
Determine date/time and schedule Sep-21 Staff/Boards
/CC
100%Joint training session with boards, CC, and staff
37 Hold a joint meeting with City Council and STDC
A
B
39 Board Members to attend TEDC Sales Tax
Training when in DFW
A Identify dates offered for training Jun-22 Staff/Board 100%Provide dates for board members
Sanger Industrial Development Corporation MGO Progress Report Page 6 of 7
12
Item 2.
Rank Objective When
(M/Y)Resp.%Notes
39 Develop small (tri-fold) marketing pamphlet
A Develop content Aug-22 staff 100%Work with Marketing Director
B Print Sep-22 Staff 100%
39 Evaluate options for the SIDC building and
pursue as appropriate
A Identify opportunities Oct-22 SB/Board 100%Discuss Warehouse with Board
B Appraisal for Warehouse Jan-23 Staff 100%Appraisal complete and sent to CM office
43 Provide an annual report to City Council
A Create Content and establish date Feb-23 Staff 100%Provide report to CC - This will be ongoing
43 Establish workforce development programs
A Create a Business Survey May-22 Staff/Board 100%Staff and Board created survey to get a better
understanding of our business needs
B Talent Tuesday Feb-22 Staff 100%
45 Better communicate EDO programs / successes
A Economic Development Content in City
Newsletter
Jan-23 Staff 100%Work with Marketing Director on ED section in
city newsletter - Ongoing
Develop Website Section Jan-23 Staff 100%Include success stories, news, etc.
B Social Media Outlets May-23 Staff 100%Work with Marketing Director on scheduled
postings
45 Engage the area rail service provider
A Create outline of desired topics Staff Rail Spur near Industrial Area
B Determine meeting date
48 Engage the economic development staff at the
Dallas Reg. Chamber
A Attend DRC Quarterly luncheons
B Become a member of Team Texas Staff Submit application October 2023
Sanger Industrial Development Corporation MGO Progress Report Page 7 of 7
13
Item 2.
4A INDUSTRIAL DEVELOPMENT BOARD
COMMUNICATION
DATE: October 3, 2023
FROM: Shani Bradshaw, Director of Economic Development
AGENDA ITEM: Consideration and possible action on electing officers for the Sanger Industrial
Development Corporation.
SUMMARY:
President and Vice President of the Corporation are elected by the board
Terms are one (1) year
No limitations on the number of consecutive years a person may serve in the same office
FISCAL INFORMATION:
Budgeted: NO Amount: $0.00 GL Account: XXX.XX.XXXX
RECOMMENDED MOTION OR ACTION:
Appoint a President and Vice President.
ATTACHMENTS:
NA
14
Item 3.
4A INDUSTRIAL DEVELOPMENT BOARD
COMMUNICATION
DATE: October 3, 2023
FROM: Shani Bradshaw, Director of Economic Development
AGENDA ITEM: Financial Reports.
SUMMARY:
Financial Reports for the period ending August 31, 2023.
Revenues and expenditures reflect activity from October 1, 2022, through August 31, 2023.
Sales Tax Collections for August 31, 2023.
FISCAL INFORMATION:
Budgeted: NA Amount: NA GL Account: NA
RECOMMENDED MOTION OR ACTION:
NA
ATTACHMENTS:
Monthly Financial Report -August 2023
Revenue Expense Report – August 2023
Sales Tax Report – August 2023
15
Item 4.
9-19-2023 08:35 AM CITY OF SANGER PAGE: 1
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2023
41 -4A CORPORATION
FINANCIAL SUMMARY % OF YEAR COMPLETED: 91.67
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
REVENUE SUMMARY
TAXES 800,000 62,806.69 692,502.00 0.00 107,498.00 86.56
GRANTS 0 0.00 15,040.00 0.00 ( 15,040.00) 0.00
INTEREST 22,000 9,465.29 58,685.27 0.00 ( 36,685.27) 266.75
TOTAL REVENUES 822,000 72,271.98 766,227.27 0.00 55,772.73 93.21
EXPENDITURE SUMMARY
46-ECONOMIC DEVELOPMENT 139,050 8,710.47 101,337.63 ( 11,790.68) 49,503.05 64.40
74-TRANSFERS 15,000 0.00 15,000.00 0.00 0.00 100.00
____________________________________________________________________________________________________________________________
TOTAL EXPENDITURES 154,050 8,710.47 116,337.63 ( 11,790.68) 49,503.05 67.87
REVENUE OVER/(UNDER) EXPENDITURES 667,950 63,561.51 649,889.64 11,790.68 6,269.68 99.06
16
Item 4.
9-19-2023 08:35 AM CITY OF SANGER PAGE: 2
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2023
41 -4A CORPORATION
FINANCIAL SUMMARY % OF YEAR COMPLETED: 91.67
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
REVENUES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
TAXES
00-4325 STATE SALES TAX 800,000 62,806.69 692,502.00 0.00 107,498.00 86.56
TOTAL TAXES 800,000 62,806.69 692,502.00 0.00 107,498.00 86.56
GRANTS
00-4446 GRANT REVENUE 0 0.00 15,040.00 0.00 ( 15,040.00) 0.00
TOTAL GRANTS 0 0.00 15,040.00 0.00 ( 15,040.00) 0.00
INTEREST
00-4800 INTEREST INCOME 22,000 9,465.29 58,685.27 0.00 ( 36,685.27) 266.75
TOTAL INTEREST 22,000 9,465.29 58,685.27 0.00 ( 36,685.27) 266.75
TRANSFERS ____________ ______________ ______________ ______________ ______________ _______
____________________________________________________________________________________________________________________________
TOTAL REVENUE 822,000 72,271.98 766,227.27 0.00 55,772.73 93.21
============ ============== ============== ============== ============== =======
17
Item 4.
9-19-2023 08:35 AM CITY OF SANGER PAGE: 3
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2023
41 -4A CORPORATION
46-ECONOMIC DEVELOPMENT % OF YEAR COMPLETED: 91.67
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
51-SALARIES AND BENEFITS
46-5110 REGULAR SALARIES 43,050 3,246.64 38,959.68 0.00 4,090.32 90.50
46-5125 LONGEVITY PAY 350 0.00 306.00 0.00 44.00 87.43
46-5128 AUTO ALLOWANCE 3,000 250.00 2,750.00 0.00 250.00 91.67
46-5129 CELL PHONE ALLOWANCE 300 25.00 275.00 0.00 25.00 91.67
46-5130 FICA 3,600 265.75 3,195.50 0.00 404.50 88.76
46-5140 RETIREMENT 5,600 460.01 4,973.52 0.00 626.48 88.81
46-5150 HEALTH INSURANCE 4,200 353.76 3,892.99 0.00 307.01 92.69
46-5160 WORKER'S COMPENSATION 250 0.00 123.40 0.00 126.60 49.36
46-5170 T W C 150 0.00 25.75 0.00 124.25 17.17
TOTAL 51-SALARIES AND BENEFITS 60,500 4,601.16 54,501.84 0.00 5,998.16 90.09
52-SUPPLIES AND MATERIALS
46-5210 OFFICE SUPPLIES 500 39.00 457.58 0.00 42.42 91.52
46-5213 COMPUTER HARDWARE 1,500 225.00 989.86 609.81 ( 99.67) 106.64
46-5214 COMPUTER SOFTWARE 3,500 0.00 2,000.00 ( 2,000.00) 3,500.00 0.00
46-5215 FOOD 200 0.00 0.00 0.00 200.00 0.00
46-5220 POSTAGE 50 0.00 6.30 0.00 43.70 12.60
46-5226 MARKETING & PROMOTION 25,000 1,090.00 17,404.52 ( 1,078.12) 8,673.60 65.31
46-5235 DUES & SUBSCRIPTIONS 10,000 2,682.50 9,337.17 0.00 662.83 93.37
46-5240 CONFERENCES & TRAINING 7,000 10.81 1,710.83 0.00 5,289.17 24.44
TOTAL 52-SUPPLIES AND MATERIALS 47,750 4,047.31 31,906.26 ( 2,468.31) 18,312.05 61.65
53-MAINTENANCE AND OPERAT
46-5310 R & M BUILDING 5,000 0.00 0.00 0.00 5,000.00 0.00
46-5332 OFFICE MACHINE LEASE 800 62.00 611.20 0.00 188.80 76.40
TOTAL 53-MAINTENANCE AND OPERAT 5,800 62.00 611.20 0.00 5,188.80 10.54
54-CONTRACT SERVICES
46-5425 LEGAL SERVICES 1,000 0.00 0.00 0.00 1,000.00 0.00
46-5430 PROFESSIONAL SERVICES 23,000 0.00 8,238.33 ( 3,350.00) 18,111.67 21.25
46-5450 TECHNICAL SUPPORT 1,000 0.00 0.00 0.00 1,000.00 0.00
46-5452 WEBSITE 0 0.00 6,080.00 ( 5,972.37)( 107.63) 0.00
TOTAL 54-CONTRACT SERVICES 25,000 0.00 14,318.33 ( 9,322.37) 20,004.04 19.98
56-GRANT EXPENSES ____________ ______________ ______________ ______________ ______________ _______
60-CAPITAL OUTLAY < $5K ____________ ______________ ______________ ______________ ______________ _______
61-CAPITAL OUTLAY ____________ ______________ ______________ ______________ ______________ _______
18
Item 4.
9-19-2023 08:35 AM CITY OF SANGER PAGE: 4
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2023
41 -4A CORPORATION
46-ECONOMIC DEVELOPMENT % OF YEAR COMPLETED: 91.67
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
71-DEPRECIATION ____________ ______________ ______________ ______________ ______________ _______
70-DEBT PAYMENTS ____________ ______________ ______________ ______________ ______________ _______
____________________________________________________________________________________________________________________________
TOTAL 46-ECONOMIC DEVELOPMENT 139,050 8,710.47 101,337.63 ( 11,790.68) 49,503.05 64.40
19
Item 4.
9-19-2023 08:35 AM CITY OF SANGER PAGE: 5
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2023
41 -4A CORPORATION
74-TRANSFERS % OF YEAR COMPLETED: 91.67
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
74-TRANSFERS
74-7499 TRANSFER TO I S F 15,000 0.00 15,000.00 0.00 0.00 100.00
TOTAL 74-TRANSFERS 15,000 0.00 15,000.00 0.00 0.00 100.00
____________________________________________________________________________________________________________________________
TOTAL 74-TRANSFERS 15,000 0.00 15,000.00 0.00 0.00 100.00
TOTAL EXPENDITURES 154,050 8,710.47 116,337.63 ( 11,790.68) 49,503.05 67.87
============ ============== ============== ============== ============== =======
REVENUE OVER/(UNDER) EXPENDITURES 667,950 63,561.51 649,889.64 11,790.68 6,269.68 99.06
20
Item 4.
Percent
Budget Actual of Budget
Revenue
Sales Tax 800,000 692,505 87%
Interest Income 22,000 58,685 267%
Grants 15,040
Total Revenue 822,000 766,230 93%
Expenditures
Salaries & Benefits 60,500 54,502 90%
Supplies & Materials 47,750 31,906 67%
Maintenance & Operations 5,800 611 11%
Contract Services 25,000 14,318 57%
Capital Outlay
Debt Service
Total Expenditures 139,050 101,338 73%
Revenues Over Expenditures 682,950 664,893
Cash in Bank - First United 2,431,046
Cash in Bank - Prosperity 332,528
Money Market 2,004,138
Certificate of Deposit 96,663
Total Cash 4,864,375
August 31, 2023
Fund 4A
Sanger Texas Industrial Development Corporation
21
Item 4.
Economic Development Sales Tax Report
Month 2019-2020 Total 2020-2021 Total 2021-2022 Total 2022-2023 Total
OCT 41,961 41,961 52,602 52,602 50,303 55,222 65,621 65,621
NOV 42,075 84,036 50,054 102,656 55,222 105,525 61,751 127,372
DEC 44,092 128,128 52,405 155,061 48,145 153,670 72,220 199,591
JAN 27,585 155,713 44,941 200,002 56,155 209,825 61,974 261,565
FEB 70,059 225,772 62,144 262,146 76,753 286,579 71,749 333,314
MAR 40,966 266,738 49,700 311,846 57,471 344,049 52,565 385,879
APR 35,736 302,474 48,180 360,026 44,446 388,495 54,627 440,506
MAY 41,692 344,166 63,691 423,717 64,395 452,890 67,275 507,780
JUN 50,482 394,647 47,099 470,816 65,968 518,858 60,186 567,966
JUL 49,189 443,837 50,290 521,106 56,987 575,845 61,729 629,695
AUG 47,386 491,222 62,523 583,629 68,209 644,054 62,807 692,502
SEP 42,073 553,295 52,474 636,104 51,911 695,965
TOTAL 533,295 533,295 636,104 636,104 695,965 695,965 692,502
BUDGET 385,000 148,295 462,500 173,604 600,000 95,965 800,000 (800,000)
Actual Actual %Actual Actual %
2022 2023 Change 2022 2023 Change
$ 68,209 $ 62,807 -7.92%$ 644,054 $ 692,502 7.52%
August Year To Date
533,295
636,104
695,965 692,502
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
2019-2020 2020-2021 2021-2022 2022-2023
SALES TAX REVENUE 2019-2023
22
Item 4.
4A INDUSTRIAL DEVELOPMENT BOARD
COMMUNICATION
DATE: October 3, 2023
FROM: Shani Bradshaw, Director of Economic Development
AGENDA ITEM: Director’s Report.
SUMMARY:
Business Growth Updates
Marketing / Networking
Property Enhancement Grant Program Update
Downtown Park Project
Miracle League / Porter Park Project
Other Updates
Important Dates
FISCAL INFORMATION:
Budgeted: NA Amount: NA GL Account: NA
RECOMMENDED MOTION OR ACTION:
NA
ATTACHMENTS:
Director Report
23
Item 5.
DIRECTOR’S REPORT
SEPTEMBER 2023
1 | P a g e
Business Growth and Development Updates:
Uptown Creamery
Coming Soon to Downtown
Jack in the Box
Opening in October
QuikTrip
Now Open
Starbucks
Now Open
Project Green Acres
Project Cats
Property at Church Street and Stemmons Service Road
Medical Office
Platting Process
Property north of the Trail Dust Steakhouse
Developer Meeting
Future Retail Site
Marketing/Networking:
Quarterly Economic Development Newsletter will be distributed in October.
Business Spotlight Video
Gypsy Cowgirl
Gibson Insurance
Silver Lining
McDonald's
Property Enhancement Grant Program:
6 Applications Received
Total Grants $47,485
Total Project Investment: $325,674
Downtown Park Project:
Notice posted seeking proposals for downtown conceptual plans
Responses opened on September 19, 2023
1 proposal received
Miracle League/Porter Park 2 Project:
Membership fee and application were submitted
Staff has received the Miracle League Packet and it is being reviewed
Staff and board member Fuller attended the Miracle League kick-off in Denton on Saturday, September 16,
2023
Miracle League/Porter Park 2 Project:
Membership fee and application were submitted
24
Item 5.
DIRECTOR’S REPORT
SEPTEMBER 2023
2 | P a g e
Staff received the Miracle League Packet and it is being reviewed
Staff and board member Fuller attended the Miracle League kick-off in Denton on Saturday, September 16,
2023
Other Updates:
Attended
Coffee with the City Manager and Coffee with a Cop
City Showcase was held on Thursday, September 14th
Attended the IEDC Annual Conference in Dallas
Attended the DFW N. Central TX Industrial Conference
Sanger Education Foundation – Lunch with the City.
a. Economic Development Sponsored event
b. Invited 24 Guest, including commercial real estate brokers and developers
2023 Important Dates
October 1, 2023 – City Council Meeting
October 3, 2023 – 4A Board Meeting
October 11, 2023 – Business over breakfast
October 11-13 – TEDC Annual Conference in Houston
October 16, 2023 – City Council Meeting
October 25, 2023 – Chamber Business Luncheon
October 28, 2023 – Sanger Sellabration
25
Item 5.