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February 2017 - In This Issue:

TOGETHER - SHAPING THE FUTURE.
The vision of the Hutto Economic Development Corporation is to foster an environment that facilitates meaningful employment and diversified capital investment resulting in Hutto being a desirable and profitable business location.

 



Upcoming Events:

Power Breakfast
March 2, 2017








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Hutto Economic
Development Corporation
Board of Directors

Mario Pere z
Chairman

Doug Fell
Vice-Chairman

Garry Guthrie
Treasurer

Anne Cano
Secretary

Jeff Coombs

Gerry "Kim" Engram

Jazlyn Wiles


 
 



Hutto Economic  
Development Corporation  
Staff

President and CEO

Jason Nicholas
Vice President
 
Emily Butler
Executive Assistant

LETTER FROM  THE 
PRESIDENT and CEO
Tim Chase

Build a Sustainable Leadership Team

Excerpts from a recent article authored by Joy Wilkes, Atlanta, GA, speaks to the importance of sustained leadership when it comes to successful economic development.   Ms. Wilkes writes about Dr. Dave Kolzow, a personal friend and a go-to economic development expert, about the importance of having continuity across a community's leadership, and its role in economic development.  In his article, Kolzow offers insights and advice for communities, today and into the future.

In a profession where the deals that dazzle often receive the most attention, Kolzow explains that there may be a temptation to overlook the incredible importance of developing a collaborative team of leaders at all levels.  "In order to make a true difference, economic developers should focus more on developing a leadership team and helping them move forward," he says. The management expert advises that this can only happen through effective listening, intentional performance management, accountability, and transparency.

Such leadership is evident when an organization and its efforts are not dependent upon the ability or personality of one individual, but fueled through an empowered team of leaders, shares Kolzow. "Having many strong leaders in place means something is sustainable and can endure," he points out. In addition to staff leadership development, Kolzow advises that developing the board and maintaining good relations with community leaders at all levels should be a top priority.

While in the past, the job of the economic developer may have focused exclusively on attracting and retaining companies, Kolzow observes that today we need to focus on affecting the quality of life, infrastructure, education, transportation, healthcare and other important factors that make a place desirable for attracting and keeping workers. "Economic development is phenomenally more complicated today than it was when I got started," notes Kolzow, "and our leadership teams need to know a lot more to understand how it all comes together."

What can we in Hutto take from Dr. Kolzow's words of wisdom?  This message reinforces what we all know is a top priority for Hutto.  Having a seasoned pro remind us how important it is to have a great collaboration between the HEDC, City of Hutto, ESD, HISD, Chamber of Commerce, EWCHEC, Williamson County, and many others, will encourage us to work even harder to maintain, and always look for ways to improve our leadership team. 
 

The Hutto EDC 
Welcomes 
New Board Members
Garry Guthrie, Treasurer

Garry Guthrie is a returning Board Member with the Hutto EDC.  He served on the EDC Board of  Directors from June 2009 - December 2014, and was recently reappointed in December 2016.  He has been named as Treasurer of the Board.

Garry is the Owner/Operator of Guthrie Cleaners, a family owned business since 1928. A resident of Hutto since 1998, Garry expanded Guthrie Cleaners to Hutto in 2003. He currently serves on the   Williamson County E.S.D. (Emergency Services District) # 3, and has served on the Hutto Chamber of Commerce Board of Directors.  He also enjoys being involved in a variety of community activities.


Jazlyn Wiles

Jazlyn Wiles is the Senior Credit Analyst for the Central Texas Middle Market Banking Office, in Austin, TX.  She is responsible for underwriting and monitoring middle market customers and prospects in Central Texas while providing additional credit, risk, and financial analysis support for the Relationship Managers in the office. 
 
Prior to working in MMB, Jazlyn joined Wells Fargo's Capital Finance Group as an Underwriting Analyst in 2010.  While in this role, Jazlyn became the subject matter expert in cash flow modeling, a crucial function in asset-based lending.  In addition to her underwriting duties, Jazlyn was responsible for onboarding and training all new analysts.  Jazlyn entered legacy Wachovia in 2006 as a contract worker in Charlotte's Wholesale Loan Servicing Hub.  Quickly gaining the understanding of business needs and the analyst role, she became the lead trainer and developed the training modules still used today.

Jazlyn earned her Bachelors of Science in Business Administration and Accounting from Hampton University in Hampton, Virginia.  A graduate of the Hutto Citizen's University Class of 2016, and also serves on the Board of Directors for the Austin Area Urban League.  She is also the Wells Fargo Representative on the Central Texas Diversity Council.  Her dedication to the community continues through her work with Alzheimer's Texas, Wells Fargo Hands on Banking, and Wells Fargo's Diversity & Inclusion Council (Austin Chapter).
 
Though she grew up traveling the world in the Air Force, Jazlyn now calls Hutto, Texas her home, where she resides with her husband, son, mother, and dog.


COMMUNITY DEMOGRAPHICS
   
Type A Economic Development Sales Tax Allocation
Fiscal Year
December
January
Cumulative
Total
1997/98
$4,154.17
$2,011.07
$40,417.02
1998/99
$5,304.46
$1,361.54
$32,045.20
1999/00
$3,478.09
$1,725.50
$35,093.61
2000/01
$3,329.59
$2,558.70
$50,940.93
2001/02
$3,410.57
$2,988.40
$58,299.83
2002/03
$4,965.73
$4,718.02
$73,572.84
2003/04
$6,226.13
$6,506.99
$98,841.25
2004/05
$12,973.69
$11,334.17
$216,990.28
2005/06
$26,273.33
$22,115.05
$336,629.05
2006/07
$25,585.11
$25,860.50
$376,036.41
2007/08
$39,907.57
$32,124.82
$481,309.64
2008/09
$45,796.11
$34,358.28
$495,826.74
2009/10
$36,230.53
$32,134.21
$467,917.40
2010/11
$34,686.77
$36,122.37
$509,128.41
2011/12
$39,170.55
$37,065.71
$580,957.66
2012/13
$47,451.40
$45,547.14
$627,678.95
2013/14
$49,419.46
$46,073.25
$668,340.52
2014/15
$56,123.91
$52,017.72
$768,894.59
2015/16
$65,701.77
$62,917.72
$860,202.55
2016/17
$68,998.21
$79,728.48
*$305,627.56
 
 
*Cumulative Fiscal year-to-date Data Figure

 

Single Family Building Permits Issued by Month
Month
2007
2008
2009
2010
2011
2012
2013
2014
2015
20 16
2017

January
71
64
 18
20
23
10
11
18
84
  24

57

February
49
49
 15
6
11
32
53
11
12
  40

March
84
47
 14
6
22
11
65
55
14 45
April
75
46
 48
6
24
19
32
54
18
103

May
37
29
 22
36
12
8
16 
29
21
17

June
44
22
 29
17
8
9
29
118
16
20
July
34
32
 39
6
20
40
43
25
24
  33
August
25
41
 22
11
17
22
32
18
21
  13
September
24
28
 24
7
10
19
18
18
10
  12
October
51
5
 19
7
5
44
28
18
31 25
November
60
9
  6
17
26
2
 24
40
34
  17
December
7
12
  7
15
9
10
 13
25
25
  18
TOTAL
561 384 263 154 187 226 364 429 310 367 57

*Cumulative year-to-date Data Figure

Year-to-Date Single Family Permits
Year
Total as of January
+/- Previous Year to Date
2015
84
366.6%
2016
24
-71.4%
2017
57
137.5%

    

December 2016 Unemployment Rates

Area

Dec '16  

Nov '16

Dec '15

Austin/Round Rock MSA

3.2%

3.0%

3.0%

Texas

 4.6% 

4.2%

4.2%

National

4.5%

4.4%

4.8%



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Tim Chase, President and CEO
512.759.2806

Hutto, Texas. Conveniently Connected™
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