City of Irving YEAR IN REVIEW
With the Future in Focus, Irving Continues to Advance
City Council identified six strategic goals and 25 objectives that financially and operationally provide a roadmap for the community's desired direction and vision for the future. The strategic plan focuses on areas of greatest importance to Irving residents and helps drive advancements in the priorities that matter most. According to the 2020 Resident Survey, resident satisfaction in the appearance of the city, quality of life and safety have improved; and Irving continues to enhance recreational and cultural opportunities for residents to enjoy. Below are notable accomplishments from 2021.
Financial Sustainability
● Contain costs and increase operational efficiency.
● Maintain adequate financial reserves.
● Develop and deploy a long-range financial planning process.
● Establish appropriate equipment replacement funding levels.
● Manage long-term pension liabilities.
Highlights
Unanimously passed the FY22 budget while maintaining a 0.5941/$100 valuation tax rate. This marks the seventh year in a row that the city’s property tax rate has remained the same.
Voters passed a $563 million bond package to fund projects that include street improvements, updates to aging infrastructure, land for parks and new public safety facilities.
Successfully managed an estimated $40 million COVID-19 federal aid dollars (CARES and ARPA).
Reaffirmed Aaa/AAA bond rating from Moody’s and Standard & Poor’s.
Created the City of Irving’s first Popular Annual Financial Report
Selected new benefits providers through a competitive process, resulting in substantial projected savings reduced benefit selection costs and better benefit options for employees.
Managed monthly safety inspections of city facilities and work sites to mitigate potential safety risks and reduce workers’ compensation and general liability claims.
By the Numbers
● The city has received the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for 36 years
● Irving has received the GFOA Distinguished Budget Presentation Award for 33 years
● 30% of contract dollars awarded to M/WBE vendors
Goal 2 Goal 3
Systematic Infrastructure Investment
● Secure a reliable future water supply.
● Develop and fund an aggressive multiyear capital improvement program.
● Expand, extend and maintain the major thoroughfare network.
● Maintain and extend water, wastewater and stormwater systems.
● Support strategic investments in city facilities.
Highlights
Completed seven water and wastewater projects including $14.3 million in utility improvements.
Completed $9.6 million in Road to the Future projects, including Las Colinas Boulevard Phase 3 and Glenmore/ Shepherd.
Completed DART Hidden Ridge Light Rail Station for the DART Orange line.
Relocated water and wastewater utilities in conjunction with the TxDOT Irving Interchange project
Completed $30 million in drainage projects, throughout including the Lower Delaware Creek and Brockbank Channel Phase 2 and 90% of the Upper Delaware Creek.
Completed a five-year landfill capital improvement plan that includes a landfill drainage plan, resident convenience center, landfill maintenance building, and landfill cell design and construction.
Completed the Urban Center Lift Station which protects the wastewater collection system within the Urban Center when flooding occurs on the Elm Fork of the Trinity River.
Vibrant Economy
● Promote revitalization of targeted areas.
● Create a thriving downtown.
● Develop a comprehensive economic development strategy and funding model.
● Complete “signature projects” (i.e., the former stadium site, Heritage Crossing and Las Colinas Urban Center).
● Effectively plan and manage land use.
Highlights
Awarded a $22.2 million contract for the reconstruction of Irving Boulevard
Started construction to revitalize Williams Square Plaza
Negotiated four development agreements for the sale of city-owned Heritage Crossing Land Bank properties with total estimated project values in excess of $55 million:
● Construction of 12 units of mixed-use, mixed-income affordable townhomes
● 76-unit mixed-income affordable housing project
● Starbucks Coffee store
● Heritage Square mixed-use development containing 194 residential units, 18 live/work lofts, commercial retail space totaling 15,400 square feet, and a four-story parking garage
Maintained 22 subtenant leases at the Toyota
Reached $717.6 million in construction valuation with 12,761 permits issued
By the Numbers
● 1,455 high-wage jobs added
● 2,239 high-wage jobs retained
● 69 workshops and small business events held
Provided uninterrupted water service through winter storm Uri, with repair crews braving subfreezing temperatures to complete major water main break repairs and utility technicians completing more than a 1,000 emergency service requests.
By the Numbers
● $66.6 million of completed Capital Improvement Program projects
● 10,224 lane miles swept
● 5,219 traffic signs replaced
● 93 live shows at Toyota Music Factory
