Project Munch

1
Project Munch

• Economic Impact Analysis
• Amy Madison, CEcD,CPM
• Economic Development San Marcos

2
HEB Request

• 20-year 381 Agreement
• 10-year term for 100 rebate on six expansions
  beginning in 2009
• Rebate on Real Estate (buildings)

3
Logistics of Decision
4
Project Overview
5

Project Overview
6
Project Overview
7
Ratios

• Incentive / All Revenues 15.6 1
• Incentive / Expansion Revenues 3.6 1
• Incentive / 320 Jobs 2,430
• Breakeven in Year One 18,990
• (44,720 new tax collected - 25,730 rebated)

8
Tax Collection Review
9
Tax Collection Review
10
Project Munch

• Economic Impact Analysis
• Amy Madison, CEcD,CPM
• Economic Development San Marcos