Not Defined

Percent of incented projects with average wage at or above the City of Fort Worth average wage

ED-Economic Development
Measure Definition & Importance

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 City of Fort Worth 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 inventives support an increase in wage levels for the community.
Analysis
Percent of incented projects with average wage at or above the City of Fort Worth average wage
Chart
Combination chart with 4 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Range: 0 to 100.
End of interactive chart.
Service Areas
Number of Projects Approved
Number of Projects Approved
Combination chart with 5 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Range: 0 to 6.
End of interactive chart.
Attachments
Measure Data
Last Calculated 5 months ago
Period Status % of incented projects with wage rate => city avg # of projects that meet wage requirement Total # of projects approved for incentives Overall Target High Variance (FY Target) Low Variance Overall Target # High Variance # (FY Target) Low Variance #
FY2013 Monitoring/No Info
FY2014 Monitoring/No Info
FY2015 Monitoring/No Info
FY2016 Monitoring/No Info
FY2017 Monitoring/No Info
FY2018 Monitoring/No Info 90.00% 75.00% 60.00%
FY2019 Insufficient Progress 16.67% 1.00 6.00 90.00% 75.00% 60.00% 5.40 4.50 3.60
FY2020 Monitoring/No Info 90.00% 75.00% 60.00%
FY2021 Not Defined
FY2022 Not Defined
Data Source Details & Calculation Information

Fiscal Year information will be based upon the Tax Year of the previous year. For example, FY19 will be information based upon the Tax Year 2018 Compliance Review upon final presentation to City Council.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.


(# of projects with median wage requirements that meet the average City of Fort Worth annual median wage rate/Total # of projects approved for incentives)*100
Performance Liaison
RP
 		Ryan Pohler (ED-Economic Development)
Measure Type
Outcome
Data Owner
Ryan Pohler
Measure ID
727001
Performance Liaison Notes
Administrator Notes