Mayor Jim Ross delivered a compelling State of the City Address on October 16, 2023, emphasizing Arlington’s commitment to growth and innovation. Hosted by the Greater Arlington Chamber of Commerce at the Esports Stadium Arlington + Expo Center, Ross outlined significant developments in economic growth and public safety, underscoring the theme that “Arlington Works” is a tangible reflection of the city’s resilience.
In his address, Ross highlighted Arlington’s role as a prominent destination for sports and entertainment. The city has successfully hosted major events, including the PBR Finals and the upcoming Texas Veterans Day Parade. The mayor also pointed to future global events, such as the FIFA World Cup 2026 and the INDYCAR Grand Prix of Arlington, which are expected to enhance the city’s international profile. According to the City of Arlington, tourism alone generated an impressive $3.1 billion in economic impact in 2024.
Economic strength was a focal point of Mayor Ross’s address. He celebrated significant investments and job creation, noting that Arlington has attracted over $1.1 billion in private capital investment and created 27,000 new jobs since 2021. This surge in economic activity includes the establishment of Salcomp’s North American headquarters and the expansion of StatLab’s biotech operations, both of which exemplify the city’s proactive economic development strategy.
Financial Management and Future Outlook
Amid a challenging fiscal landscape, Mayor Ross detailed the city’s strategic response to a $26 million budget shortfall. Through financial restructuring, budget reductions, and adjustments to the tax rate, Arlington successfully addressed this challenge while maintaining essential services for its residents. Ross emphasized the city’s strong financial management, stating, “Thanks to strong financial stewardship, Arlington once again earned top credit ratings from S&P Global Ratings, Moody’s Investors Service, and Fitch Ratings.”
The State of the City Address not only highlighted Arlington’s achievements but also set the tone for continued progress and community engagement. Mayor Ross’s vision reflects a city that is not only navigating current challenges but is also strategically positioned for future growth and development. With a focus on economic vitality and public safety, Arlington aims to enhance its reputation as a dynamic and resilient community.
