AEDC 2022 Comptroller Report

City: Amarillo | Fiscal Year: 2022 | Corporation Type: 4A

Corporation’s Information

Corporation Name:
Secretary of State File / Charter Number:
Contact Person:
Address:
Contact Numbers:
Corporation’s Fiscal Year:

Amarillo Economic Development Corporation
01145723
Kevin Carter, President & CEO
801 S. Fillmore, Suite 205, Amarillo 79101-2353
Phone – 806.379.6411, Fax – 806.371.0112
Oct. 2021 – Sep. 2022

Corporation’s Primary Economic Development Objective(s)

Infrastructure Projects

Job Creation/Job Retention

Corporation’s Financial Information

Corporation’s fiscal year ending unrestricted fund balance or unrestricted retaining earnings: $65,647,542.00

Corporation’s Total Revenues During the Fiscal Year:

Sales Tax Revenue
State/Federal Grants and Matching Contributions
Rental/Lease/User Fees Income
Bond Proceeds/Loans Obtained
Other Revenues
TOTAL FISCAL YEAR REVENUES

$24,829,610.00
$0.00
$549,559.00
$0.00
$722,392.00
$26,101,561.00

Corporation’s total expenditures during the fiscal year in each of the following categories:

Personnel
Administration
Marketing and Promotion
Direct Business Incentives
Job training
Debt Service
Capital Costs
Affordable Housing
Payments to Taxing Units
Other Expenditures
TOTAL FISCAL YEAR EXPENDITURES

$1,386,572.00
$1,284,728.00
$561,220.00
$9,961,648.00
$0.00
$5,332,411.00
$8,435.00
$0.00
$0.00
$0.00
$18,535,014.00

Corporation’s Capital Assets

Industrial Parks/Sites

Commercial Buildings

Equipment

Land

Person Completing this Form

Name: Blair Snow, Assistant Director of Finance
Phone: 806-378-3034