Dear residents and guests of San Antonio,
On behalf of the City of San Antonio, I am pleased to share our City’s Annual Report for Fiscal Year 2013. The City continued its commitment to provide high quality services, maintain infrastructure, and make critical investments to benefit San Antonio for future generations. We did this while maintaining a strong financially-managed City organization.
The Annual Report highlights key initiatives, projects, programs, and events led by the City in 2013 to address City Council priorities, such as streets and sidewalks, police and fire, economic development, and neighborhood revitalization. Throughout the year, the City executed various landmark projects in San Antonio, including the 2012-2017 Bond Program, the launch of the Pre-K 4 SA initiative, renovations to the San Antonio International Airport, the expansion of the Henry B. Gonzalez Convention Center and investments in the Center City.
In Fiscal Year 2013, we maintained a sound financial municipal corporation and managed an overall $2.3 billion budget. In July, the City’s ‘AAA’ General Obligation Bond rating was reaffirmed for the fourth year by all three major rating agencies. Today, San Antonio is the only major American city with a population of more than one million to hold this distinction.
The City is on schedule and on budget in carrying out the 2012-2017 Bond Program – the largest bond program in the City’s history and valued at $596 million. The Bond Program is scheduled for substantial completion in 2017 and complements the previous 2007 Bond Program. The current bond program includes 140 projects, such as improved streets, bridges, sidewalks, drainage and flood control, parks, recreation and open space, library, museum and cultural arts facilities, and public safety facilities. Both Bond programs account for a total of $1.1 billion in investments in the City’s capital infrastructure.
In addition to building a strong local economy, the City is also focused on a strong, dynamic downtown. Great cities throughout the U.S. have great downtowns that are active with variety, shaped by local history, and defined by great public space. As an engaged SA2020 partner, the City has incented 17 housing projects within the downtown strategic framework plan that represent more than $384 million in investment. These projects represent 2,737 new housing units for residents to consider within our downtown urban core.
Central to the City’s economic success, San Antonio’s Airport system serves more than 8 million passengers and generates more than $5 billion in economic impact annually. One of the major airport improvements is the renovation of San Antonio International Airport’s Terminal A. Scheduled for completion in May 2014, the terminal renovation will modernize 378,000 sq. ft. with updates to technology, furniture, and all-new accommodations throughout the concourse, lobby, and baggage claim areas.
In late August, nearly 600 pre-K students attended their first day of school at Pre-K 4 SA. The inaugural program, designed to provide high quality pre-K education to a projected 22,400 four-year old children over an 8-year period, was launched at two locations, one in the south and northern sectors of the city. In less than a year, our City team built the two centers, hired staff, and partnered with seven local school districts to make Pre-K 4 SA operational. Our belief is that Pre-K 4 SA will equip students with the tools for long-term educational success and prepare them to compete and fill the high-skilled jobs in a 21st century global economy.
Our success as a leading major American city would not be possible without the leadership and support of Mayor Julián Castro, City Council, and the San Antonio community. Our City employees are dedicated to fulfilling our City core values – teamwork, integrity, innovation, and professionalism.
All the best in 2014!
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Read about our city's Core Values.