Select Page

Edinburg EDC: Retail economy has produced almost $6.9 million in local sales taxes in past four months, ahead of same period the previous year

Featured: Students and faculty from the University of Texas Rio Grande Valley in February 2017 won numerous awards for creative excellence at the American Advertising Federation (AAF)-Rio Grande Valley ADDY awards competition. Shown, front row, from left, are: Ping Xu, UTRGV Assistant Professor of Graphic Design; and UTRGV students Richard Guzmán; Alexandra González; Jacqueline Maldonado; and Arael Meza. Back row, from left: Samuel Hernández; UTRGV Art Lecturer Erika Balogh; Mónica Lugo; Julio Aranda; Mariana Zapata; and Robert Gilbert, Associate Professor of Graphic Design. The Edinburg Mayor and Edinburg City Council, along with the Board of Directors of the Edinburg Economic Development Corporation, lobby the Texas Legislature and the UT System Board of Regents on behalf of UTRGV in Edinburg and the UTRGV School of Medicine in Edinburg.

Photograph Courtesy of MARCI CALTABIANO

Between November 2016 and February 2017, Edinburg’s retail economy remained ahead of the same period the year before, up 0.63 percent, based on local sales taxes generated, the Edinburg Economic Development Corporation has announced. For the month of February 2017, the city’s retail economy was slightly behind the pace set during the month of February 2016 – registering a slight drop of 1.08 percent – with almost all of the other Valley communities also reporting decreases in local sales taxes generated from the same month the prior year. From November 2016 through February 2017, Edinburg’s retail economy produced $6,888,933.94 in local sales taxes, compared with $6,845,130.80 for November 2015 through February 2016, an increase of 0.63 percent. For February 2017, Edinburg’s retail economy produced $1,543,532.91 in local sales taxes, compared with $1,560,406.24 in February 2016, representing a decrease of 1.08 percent. The Edinburg EDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council.The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr. as Secretary/Treasurer, and Richard Rupert and Dr. Peter Dabrowski as Members. Mayor Richard García and Edinburg EDC Executive Director Agustín García, Jr. are not related.

•••••• (more…)

Edinburg EDC: Local government, led by the Mayor and City Council, meets highest standards in U.S. on how Edinburg handles its finances

Featured, from left: Elías Longoria, Jr., Secretary/Treasurer, Edinburg Economic Development Corporation; Rep. Terry Canales, D-Edinburg; Sen. Juan “Chuy” Hinojosa, D-McAllen; and Edinburg Mayor Richard García, on Friday, March 17, 2017, during groundbreaking ceremonies for the Department of Public Safety Mega Driver License Center in north Edinburg. The multi-million dollar, 25,000 square foot facility, located at the corner of Davis Road and I69C, is one of the many examples of economic growth in the city. The public safety complex, which will bring almost 70 jobs, also represents the state government’s confidence in locating in Edinburg, in part because the city excels in promoting and protecting public funds at all levels.

Photograph By ALEX RÍOS

Edinburg’s municipal government, led by the Mayor and Edinburg City Council, meets the highest standards for U.S., state and local governments on how it handles its financial activities, according to a state-required annual audit that was presented during a public meeting at Edinburg City Hall on Tuesday, March 28, 2017, the Edinburg Economic Development Corporation has announced. The Edinburg EDC, whose Executive Director is Agustín García, Jr., is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr., as Secretary/Treasurer, and Richard Ruppert and Dr. Peter Dabrowski as Members. As part of its mission to help create jobs, the Edinburg EDC uses key information from independent, reliable, and authoritative sources, such as the Comprehensive Annual Financial Report, released on Tuesday, March 28, 2017, to inform residents, and to maintain and increase confidence in the ethical practices of its city government, promote the expansion of existing businesses, and recruit new businesses to the community. At that meeting, held in the Council Chamber, Carr, Riggs & Ingram, LLC delivered an Unmodified Opinion, the best rating possible, following its examination of three aspects of the city’s financial operations: (1) internal controls; (2) statements, records, and accounting transactions; and (3) compliance with statutory and budgetary requirements. Ruben Moreno, CPA (Certified Public Accountant), Partner with Carr, Riggs and Ingram, LLC , and Aaron Ríos, CPA, Manager with Carr, Riggs and Ingram, LLC, presented the audit to Mayor Pro Tem J.R. Betancourt, himself a CPA, who was representing the mayor and fellow city councilmembers at the public session. The Unmodified Opinion, which covers the 12-month period that ended September 30, 2016, and other financial highlights by Carr, Riggs & Ingram, LLC send out a favorable message, locally and beyond, that Edinburg’s economy continues to be strong, and the city is a good place to call home, said Betancourt. Key financial statements by the city directly reflected positive growth in Edinburg’s economy that came without any increase in the city’s property tax rate or the local sales tax rate, Betancourt noted. “One of the great things about the audit is that is shows how well the city is doing, that we have a very fiscally strong budget, we have reserves in the bank to provide public services through emergencies,” the mayor pro tem continued. “The economy is doing well here and in the Valley. Edinburg has not been so fiscally strong in the last 10 to 15 years.”

•••••• (more…)

Edinburg EDC: Retail economy shows continued growth, with January 2017 local sales tax revenue up by more than 3.7 percent over January 2016

Featured: Dr. Peter Dabrowski, Maestro of the Valley Symphony Orchestra, and a member of the Board of Directors for the Edinburg Economic Development Corporation, on Tuesday, February 28, 2017, was inducted into the Rio Grande Valley Walk of Fame at Hidalgo’s BorderFest. Presenting him with the honor was Miss Hidalgo 2016 Alma Pamela Niño. Dabrowski was nominated by the City of Edinburg and selected to the Rio Grande Valley Walk of Fame by the City of Hidalgo, Hidalgo’s BorderFest committee, and the Rio Grande Valley Walk of Fame Commission. Dabrowski is in his 15th season as Music Director and Conductor of the Valley Symphony Orchestra. Additionally, he serves as Associate Dean of the College of Fine Arts, Professor of Music, and Conductor of the University of Texas Rio Grande Valley Symphony Orchestra in Edinburg. He is committed to providing exhilarating musical performances and education in the Rio Grande Valley. The Walk of Fame celebrates life, achievements and significant civic contributions of outstanding men and women in all walks of life to the communities in the Rio Grande Valley and South Texas.

Photograph By RONNIE LARRALDE

••••••

Featured, from left: Hiren Govind, Chief Operating Officer, Qube Hotel Group; Mike Govind, Owner and Operator, Best Western Plus – Edinburg Inn & Suites; Letty González, President, Edinburg Chamber of Commerce; and Jacob De León, Funeral Director, Memorial Funeral Home, and Chairman of the Board, Edinburg Chamber of Commerce, on Tuesday, February 28, 2017, at the State Farm Arena in Hidalgo. During that evening, as part of the City of Hidalgo’s 2017 Borderfest, Mike Govind, a former member of the Board of Directors for the Edinburg Economic Development Corporation, was inducted into the Rio Grande Valley Walk of Fame.

Photograph By RONNIE LARRALDE

Edinburg’s retail economy showed an improvement of more than 3.7 percent in January 2017 compared with January 2016, based on local sales taxes generated during those months, the Edinburg Economic Development Corporation has announced. The amount of local sales taxes collected also helps reflect the strength of an economy, along with construction activities, per capita income, education, historical performances, and related trends. The local sales tax is used in Edinburg to help pay for many city services, while the Edinburg Economic Development Corporation uses its one-half cent local sales tax to help generate economic development in the city. For January 2017, Edinburg’s retail economy produced $1,573,510.95 in local sales taxes, compared with $1,516,885.34 in January 2016, representing an improvement of 3.73 percent. Edinburg’s 3.73 percent increase was third-best among the Valley’s major economies, with Harlingen posting the top improvement, a 4.10 percent growth in January 2017 over January 2016. In terms of local sales tax revenue for January 2017, McAllen led all major Valley cities with $4,129,303.57. Brownsville was second, ($2,586,308.57), Harlingen was third ($1,769,340.94), and Edinburg was fourth ($1,573,510.95). The Edinburg EDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr. as Secretary/Treasurer, and Richard Rupert and Dr. Peter Dabrowski as Members.

•••••• (more…)

Mayor García, President of the Edinburg EDC Board of Directors, and McAllen Mayor Darling to address 13th Annual Real Estate Forum on Thursday, March 2, 2017 from 10 a.m to 11 a.m.

Featured, from left: Agustín García, Jr., Executive Director, Edinburg Economic Development Corporation, and Mayor Richard García, who also serves as President of the Board of Directors for the Edinburg EDC, review jobs creation strategies during an Edinburg EDC public meeting at Edinburg City Hall on Friday, August 7, 2015. Additional insights into the local and regional economies will be offered in Edinburg during the 13th Annual State of Real Estate Forum, sponsored by Edwards Abstract and Title Co., to be held during the morning of Thursday, March 2, 2017 at the Edinburg Conference Center at Renaissance, located at 118 Paseo Del Prado. Mayor García and McAllen Mayor James E. Darling will participate as guest speakers during the gathering, which already has more than 250 business, real estate, community, economic development and political leaders confirmed to attend the event, which begins at 9 a.m., according to Elva Jackson Garza, Vice-President & Marketing Manager, Edward Abstract and Title Co. Garza is a former member of the Board of Directors of the Edinburg EDC. Mayor García will make his presentation from 10 a.m. to 10:30 a.m, followed by Darling, who will deliver his remarks from 10:30 a.m. to 11 a.m. Agustín García, Jr. and Mayor García are not related. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr. as Secretary/Treasurer, and Richard Rupert and Dr. Peter Dabrowski as Members.

Photograph By MARK MONTEMAYOR

Dr. Steven A. Lieberman, Interim Dean of the UTRGV School of Medicine, on Wednesday, February 8, 2017, addressed the UT System Board of Regents’ Health Affairs Committee in Austin, providing an update on the progress of the UT System’s newest medical school, which has a major campus in Edinburg. The Edinburg Mayor, Edinburg City Council, and Edinburg EDC successfully helped lobby the Texas Legislature in 2013 to help secure passage of Senate Bill 24, by Sen. Juan “Chuy” Hinojosa, D-McAllen, and Rep. René  Oliveira, D-Brownsville, which authorized the merger of UT-Pan American and UT-Brownsville and the creation of a free standing medical school with a new campus in Edinburg.

Photograph By DAVID PIKE

•••••• (more…)

Edinburg EDC Board of Directors set to review nine business prospects at noon during Tuesday, February 28, 2017 meeting at Edinburg City Hall


Featured: CBS News correspondent Mireya Villarreal, a 2001 graduate of the University of Texas-Pan American and a Valley native, will be sharing her inspiring story with more than 800 GEAR-UP students at 9 a.m. on Wednesday and Thursday, March 1 and 2, 2017, in the Library Media Theater on the Edinburg campus of the University of Texas Rio Grande Valley. Her appearance is part of FESTIBA 2017, which is UTRGV’s annual Festival of International Books & Arts, an educational, entertaining week-long gathering that promotes literacy and appreciation of reading for all ages. FESTIBA lasts from Monday, February 27, 2017 to Sunday, March 5, 2017 on both the Edinburg and Brownsville campuses of UTRGV. The Edinburg Economic Development Corporation is a sponsor of FESTIBA 2017.

Photograph Courtesy of CBS NEWS

Possible agreements with nine business prospects, a pending lease renewal involving the District Office of State Rep. Terry Canales, D-Edinburg, a real estate purchase under consideration, and a presentation from the Capable Kids Foundation highlight the agenda for noon on Tuesday, February 28, 2017 for the Board of Directors of the Edinburg Economic Development Corporation. The session, which is open to the public, will be held in the City Council Chamber of Edinburg City Hall, located at 415 West University Drive. The meeting also will be broadcast live on the Edinburg Cable Network, as well as made available in an archived version on the city’s website at:http://www.cityofedinburg.com/ecnlivestreaming.php. The Edinburg EDC Board of Director meeting will take place during the same week as FESTIBA 2017, which is the University of Texas Rio Grande Valley’s annual Festival of  International Books & Arts, an educational, entertaining event that promotes literacy and appreciation of reading for all ages. FESTIBA begins on Monday, February 27, and  continues through Sunday, March 5, 2017 on both the Edinburg and Brownsville campuses. The Edinburg EDC is a sponsor of FESTIBA 2017. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr. as Secretary/Treasurer, and Richard Rupert and Dr. Peter Dabrowski as Members. Agustín García, Jr. is Executive Director for the Edinburg EDC, which is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. Agustín García, Jr. and Mayor Richard García are not related.

•••••• (more…)