City of Austin | Performance Measures

City of Austin

Performance Measures

Economic Development
Department Director: Sylnovia Holt Rabb - Director
Department Website: http://www.austintexas.gov/department/economic-development
Department Phone: 512-974-7819

Department Mission

Economic Development's purpose is twofold: reducing financial pressure on residents by increasing the commercial tax base of the City and reducing poverty and its associated social costs by investing in the City’s rapid growth, creating new pathways to good jobs and well-paying careers for all residents.

Department Goals

Create and sustain jobs that lead to economic mobility for Austinites who are historically underrepresented.
Cultivate and invest in workforce development programming that matches employers' skill needs and successfully prepares economically disadvantaged residents for family-sustaining careers.
Ensure all Austinites have access to cultural amenities.
Grow Austin's creative industry through retention and expansion programming for local artists, musicians, and creatives.
Initiate and deliver effective programming to retain and grow local businesses.
Provide support services and funding for businesses to survive in Austin.
Leverage City assets and strategic investments to support equitable community outcomes and foster a thriving, sustainable economy, and to grow the tax revenue

Key Performance Indicators

  1. Amount of funding distributed to the community
  2. Number of Small Businesses Supported by City of Austin Programs
  3. Number of jobs supported
  4. Number of long-term affordable housing units or equivalent units provided by the Economic Development Department
  5. Number of square feet of permanent space available for cultural use funded, managed or created by EDD
  6. Percentage of Austinites that have close-proximity of access to EDD supported cultural amenities.
  7. Trainees who successfully complete a workforce development program that earn a self-sustaining wage