Editor’s Note: After the Rio Grande Guardian International News Service’s interview with Teclo Garcia, the new CEO of Mission Economic Development Corporation put out new sales tax revenue statistics on Linked-In. Here they are:
“Mission’s retail sector has expanded at a record pace in 2022 with sales tax collections growing 15.46 percent over last year – the highest year-over-year Year-to-Date (YTD) growth among all major Rio Grande Valley cities, Laredo and Corpus Christi, according to the Texas Comptroller. And more is on the way,” Garcia said.
“National brands like Hilton, Starbucks, Marriott, IHOP, Schlotzky’s, Burlington, Dutch Bros, Planet Fitness and many others will soon open doors in Mission. Despite a five percent decline in November sales tax revenue, YTD the City is still more than $3 million ahead of last year’s YTD total of $19.5 million.”
Garcia said Mission is “investing millions in infrastructure and facilities to keep up as with a new $6 million public safety building.”
Here is the Guardian’s original story:
MISSION, Texas – Teclo Garcia, the new CEO of Mission Economic Development Corporation, says his city is experiencing growth in the retail, residential, and commercial/industrial sectors.
In a video interview with the Rio Grande Guardian International News Service, Garcia said he was settling in well. He said he and the city leadership are expecting even more more growth once Anzalduas International Bridge is expanded to take fully loaded cargo trucks.
Here is the interview:
Video
Editor’s Note: The above video story is the first in a two-part series about the work of Teclo Garcia, Mission EDC’s new CEO. Click here to read Part Two.
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