| (ARCHIVED) 50% of incented projects require wages that meet the average Tarrant County wage rate.ED-Economic Development |
Measure Definition & Importance |
This is the percentage of all business recruitment projects for which incentives were approved within the current year that featured wage rate requirements that meet the average annual Tarrant County wage rate as published by the Texas Workforce Commission annually. This measure allows staff to track the degree to which those projects that are being awarded incentives support an increase in wage levels for the community.
Analysis | |
% of incented projects that meet the average Tarrant County wage rate |
Service Areas |
Attachments |
Measure Data | Last Calculated a year ago |
| Period | | Status | Actual | FYTD Actual | # that meet wage rate | Total # projects | Overall Target | High Variance (FY Target) | Low Variance |
|---|---|---|---|---|---|---|---|---|---|
| Mar-14 |  | Monitoring/No Info | 50.00% | 40.00% | |||||
| Sep-14 | | Monitoring/No Info | 50.00% | 40.00% | |||||
| Mar-15 | | Monitoring/No Info | 50.00% | 40.00% | |||||
| Sep-15 | | Monitoring/No Info | 50.00% | 40.00% | |||||
| Mar-16 |  | On Target | 50.00% | 50.00% | 1.00 | 2.00 | 50.00% | 40.00% | |
| Sep-16 |  | Insufficient Progress | 0% | 25.00% | 0.00 | 2.00 | 50.00% | 40.00% | |
| Mar-17 | | Insufficient Progress | 0% | 0% | 0.00 | 4.00 | 50.00% | 40.00% | |
| Sep-17 | | Insufficient Progress | 0% | 0% | 0.00 | 1.00 | 50.00% | 40.00% | |
| Mar-18 | | Insufficient Progress | 0% | 0% | 0.00 | 1.00 | 50.00% | 40.00% | |
| Sep-18 | | Monitoring/No Info | 0% | 50.00% | 40.00% | ||||
| Mar-19 | | Monitoring/No Info | |||||||
| Sep-19 | | Monitoring/No Info | |||||||
| Mar-20 | | Monitoring/No Info | |||||||
| Sep-20 | | Monitoring/No Info | |||||||
| Mar-21 | | Monitoring/No Info | |||||||
| Sep-21 | | Not Defined |
Data Source Details & Calculation Information |
The data is found in the Economic Development Department's shared folder in an Excel file named Business Recruitment Annual Performance. The measures contained within the file are generated using data from the Texas Workforce Commission.
Actual = (# of projects with median wage requirements that meet the average Tarrant County annual median wage rate/Total # of projects approved for incentives)*100
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