51.7 F
Kennedale
Saturday, November 23, 2024

Growth in income and population ? A 10 year review of Kennedale

Related Articles

Facts and tidbits from the 2016 Audit Report

 
The 2016 Audit Report contained some interesting facts and figures about the city of Kennedale for the past ten years. It paints a picture of a growing city in population (30%), increasing income levels (50%) and overall better housing. {{more: CONTINUE …}}
 
There is a corresponding increase of property valuations (34%) which means higher city revenue and expenditures but it also found that despite the spike in population there was a drop in city employees along with a drop in arrest, emergency calls and fire responses.
 
The biggest employer in Kennedale is Fort Worth Tower with 505. Kennedale ISD is second at 408. The City of Kennedale employs fewer fulltime equivalent employees than it did 10 years ago, a drop from 82 to 75. The biggest taxpayer is Chesapeake Operating.
 
General Information:
  • Population stats: 2007 6,150 ? 2016 8,031 (30% inc)
  • Median Household income: 2007 $49,091 ? 2016 $73,909 (50% inc)
  • Unemployment rate: 2007 5.1% climbed to a high of 8.5% in 2010, dropping to 4.3% in 2016
Top taxpayers:
  • Chesapeake Operating, FWT Inc, Goss International Americas Inc, Hawk Steel Industrial Inc, Oncor Electric Delivery Co LLC, Trinidad Drilling LP, Kennedale Holdings LLC, Beacon E&P Company LLC, Harrison Jet Guns II LP, Tealcove Drive LLCl.
Principal employers:
  • Fort Worth Tower 505; Kennedale ISD 408; Speed Fab Crete 183; City of Kennedale 71; Hawk Steel 69; ARK Contracting Services 52; Mike Conkle?s Custom Cabinets 48; Re Watson & Associates 41; Harrison Jet Guns 38; Texas Tile 38; Stoval Electric 18; Excel Polymers 14; Redi-Mix LP 13; US Galvanizing LP 12; Global Servo Hydraulics 11; H&O Die Supply 9 and Wear Master 6
City Employees:
  • 2007 82.0 2016 75.5 (7% dec)
Note: A fulltime employee is scheduled to work 2080 hours per year (including vacation and sick leave). Fulltime equivalent employment is calculated by dividing total labor hours by 2080. These figures also include regular, part-time.
 
Public Safety:
  • Police arrests: 2007 372 ? 2016 203 (45% dec)
  • Parking violations: 2007 100 ? 2016 24 (76% dec)
  • Traffic violations: 2007 4,081 ? 2016 2,828 (31% dec)
  • Fire Emergency responses: 2007 1,213 – 2016 867 (28% dec)
  • Fires extinguished: 2007 230 ? 2016 200 (13% dec)
Public Works & Inspections:
  • New water connections: 2007 55 varied from a low of 14 in 2009 to high of 87 in 2014 to 39 in 2016
  • Average daily water consumption (thousands of gallons): 2007 770,582 varied with a high of 1,147,339 in 2011 to 898,918 in 2016 (16% inc diff from 2007)
  • Building permits issued: 2008 15 ? 2016 504
  • Building inspections: 2008 19 – 2016 1,118

Property tax values:

  • Residential 2007 $270,260,979 ? 2016 $423,074,019 (57% increase)
  • Commercial 2007 $100,497,893 – 2016 $133,607,106 (33% increase)
  • Industrial 2007 $63,873,173 – 2016 $42,937,171 (33% decrease)
  • Overall (minus tax-exempt): 2007 $410,357,497 ? 2016 $549,420,142 (34% increase)
Revenue/Expenditures:
  • Revenue: 2007 $6,390,967 varied from a high of $10,726,555 in 2011 to $8,700,941 in 2016 (36% inc diff from 2007)
  • Expenditures: 2007 $6,896,339 ? varied from a high of $15,578,802 in 2010 to $9,349,194 in 2016 (36% inc diff from 2007)
  • General Obligation bond debt for City: 2007 $3,485,388 varied from a high of 14,396,250 in 2011 to $11,001,843 in 2015.
Read more at Full Audit Report

More on this topic

Comments

Advertismentspot_img

Popular stories