AEDC 2025 Comptroller Report

City: Amarillo | Fiscal Year: 2025 | 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. 2024 – Sep. 2025

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: $94,708,942.00

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

$26,648,783.00
$0.00
$567,206.00
$0.00
$4,367,681.00
$31,583,670.00

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

$1,503,031.00
$677,660.00
$265,567.00
$9,036,883.00
$0.00
$5,325,301.00
$0.00
$0.00
$0.00
$0.00
$16,808,442.00

Corporation’s Capital Assets

Industrial Parks/Sites

Commercial Buildings

Equipment

Land

Person Completing this Form

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