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Economic Development Mission Statement

The City of Watauga is dedicated to significantly and continually serving the needs of existing Watauga businesses, encouraging new businesses to locate in Watauga and improving the quality of life for the residents of Watauga. Therefore, the City shall devise, propose, implement and use approved methods by which the City can retain existing businesses and create an environment conducive to the expansion of business enterprise (general and commercial) consistent insofar as possible with the maintenance of a predominately residential community in which its current peace and tranquility are preserved.

 

Economy

The current budget for 2007-08 indicates that there is $47,192,767 in total available resources for all funds combined.  This is an increase in all funds available resources of $4,723,777 in relation to the prior year's $42,468,990.  All fund expenses equal $31,805,736 with a proposed spending increase of $2,175,777 over the prior fiscal year amended budget of $29,629,959.  The proposed total of all funds ending balance from $12,839,031 will increase by $2,548,000 over the prior year amended budget and is estimated at $15,387,031.

Watauga's pro-business environment, its membership in numerous regional and state economic development organizations, provide the assistance needed in bringing business and industry to the area. The City has a bustling business environment of over 300 small, medium and large firms providing a diverse group of goods and services to its citizens.

These businesses support a quality of life unsurpassed by most towns of this size. While the business base includes several national chains, over 75% are owned by independent business people.

In Watauga, you can find an ample selection of businesses providing personal and professional services ranging from tailor-made suits to auto parts. Several large shopping malls are within a ten minute drive from Watauga and the City is home to five financial institutions, major food chains and many food establishments, providing freedom of choice for all of your families' needs.

If you have an interest in finding retail space to relocate your business in Watauga, please contact the Economic Development Consultant, Marty Wieder with GSBS, at (817) 589-1722 or e-mail him at mwieder@gsbsarchitects.com.