AEDC 2024 Comptroller Report

City: Amarillo | Fiscal Year: 2024 | 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
Doug Nelson, Senior Vice President
600 S. Tyler Street, Suite 1600, Amarillo 79101
Phone – 806.379.6411, Fax – 806.371.0112
Oct. 2023 – Sep. 2024

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: $75,375,901.00

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

$25,848,923.00
$0.00
$0.00
$0.00
$5,130,353.00
$30,979,276.00

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

$1,700,776.00
$1,229,285.00
$549,621.00
$39,335,174.00
$0.00
$5,328,658.00
$0.00
$0.00
$0.00
$0.00
$48,143,514.00

Corporation’s Capital Assets

Industrial Parks/Sites

Commercial Buildings

Equipment

Land

Person Completing this Form

Name: Justin Blackstock, Treasurer
Phone: 806-378-3034