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Hays Free Press
Kyle, Texas
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February 15, 2017     Hays Free Press
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February 15, 2017
 

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HaysFreePress.com press February 15, 2017 Page 1D 17 SUBMI 'ED REPORT In 2017, nearly all oc- cupation clusters in the Rural Capital Area are projected to experience employment gains, Total employment is forecast to grow 4.3 percent t.his year, according to projec- tions from national data provider EMSI. Social Sciences is expected to be the single fagtest growing occupa- tion cluster in the region, Due to their relatively 1,500 and 1,400, respec- ing the highest growth. Health Aides (23%), Bus rising 5.5 percent in large size, many slower tively. Both EducationOccupation clusters with Drivers (23%) and Teacher 2017. Engineering, Social growing occupation clus- and Transport & Logistics a high concentration Assistants (23%) follow. Services and Computer & ters are projected to cre- clusters are projected to (high location quotient) Retail and Food Math are also projected ate the largest number of create more than 600 jobs in comparison to the Services are expected to to support strong job new jobs within the Rural each. U.S. will also see strong create the most new jobs growth at 5.4, 5.4 and 5.3 Capital Area in 2017. The Rural Capital Areagrowth. These strong, between 2016 and 2021, percents, respectively. Office Administration can expect to see contin- advancing occupations with Retail Salespersons Additional sources of job employment is expectedued broad growth across include; Geology, Con-(2,200 jobs) at the top of growth include occupa- to increase by more than a diverse set of occupa- struction, Computer and the chart. Food Prepara- tion clusters such as 1,600 jobs this year. Food tions in 2017. Personal Services. tion & Serving (1,600 jobs) Education (5.2% percent Preparation & Serving All clusters will postLooking at these oc- and Waiters and Waitress- growth), Legal (5.0 per- and Sales are also expect- strong growth over thecupations in more detail es (1,000 jobs) follow. cent), Health Support (5.0 ed to create a significant next 5 years with Geology we can see that Software percent) and Health Care number ofjobs within (26% growth) and Educa- Engineers willgrow Information posted on (5.0 percent), the Rural Capital Area, at tion (20%) experienc- the most at 27%. Home ]an. 11, 2017 by headlight [ I' ~ 'hh, J, CURRENI NEI % CHANGE ;2017 % (;HANGE TAX PAYMENT FEB. 2016 PAYMENI SFROM RATE THIS PERIOD TO FEB. 2011 TO DATE 2016 10 201 i BY MOSES LEOS III news@haysfreepress.com For the past several months, Kyle resident and District 6 city council member Daphne Tenorio had envisioned herself as a potential franchise business owner. Little did she realize her dream was quite literally a phone call away. By fielding a call from friend Leticia Luna earlier this year, Tenorio was given, and ultimately accepted, the opportunity to buy ownership of the Kyle Stallions basketball team. For Tenorio, the call and the opportunity came as a welcome surprise. "One day, I got a phone call and she said she wanted to sell the team and asked if I was interested," Tenorio said. "It was extremely surprising." Tenorio said the phone call had impeccable timing. Prior to receiving the opportunity, Tenorio said she had been to business expos and had sought to bring a business that could "be good for the city." She also wanted something that could offer a family friendly atmosphere that was cost effective as well. She said someone can bring in a family friendly venue, but if it's not cost effective, "there's no sense in bringing it in." Tenorio said she had been looking at '% few things" prior to the phone call and was in the process of pursuing them. She said she had looked at the Small Business Administration and was committed to bringing a potential business to the area before she took that phone call. "It all fell into place," Tenorio said. "I was looking, she was selling. I could see where it could go and I jumped on it." Tenorio accepted the offer and bought the team from Luna, who was the organization's owner since it was founded in 2016. Tenorio did not disclose how much the transaction to purchase the team was. The role was a completely new experience for Tonorio, who said she had never I "1 can see the potential of what it can bring to the community and what it can bring financially (to the city) It's a chance for people in Kyle to see there's another avenue of things to do." -Daphne Tenorio, Kyle Stallions owner played basketball in her youth, much less owned a sports franchise. Because she wasn't initially prepared to take on the role, Tenorio said she made the call to endthe 2016 season early, as she needed time to plan. Her motive, however, was driven by the prospect of potential profitability in the business. "I can see the potential of what it can bring to the community and what it can bring financially (to the city)," Tenorio said. "It's a chance for people in Kyle to see there's I(YLE STALLIONS, 4D PHOTO BY MOSES LEOS III Kyle Stallions player David Smith goes up for a slam dunk during an American Basketball Association game against the San Antonio Blaze at Lehman High. Buda 1.50% $564,710.62 -2.03% $1,045,308.17 +3.53% Dripping Springs 1.25% $189,512.53 +1.52% $350,602.41 +4.55% Kyle 1.50% $746,924.33 +3.37% $1,283,215.45 +6.89% Niederwald 1.00% $3,253.72 +8.22% San Marcos 1.50% $3,085,177.75 -3.48% Uhland 1.50% $18,855.26 +38.19% Wimberley 1.00% $100,713.63 +0.82% Woodcreek $6,084.40 +20.71% $5,423,281.61 -1.41% $32,694.72 +28.08% $168,963.20 +2.46% ! 1.00% $4,446.62 . . +2;70% :: $8;0~,00 :: '~';~:,~%~'i Hays County $1,814,513.40 -0.84% $3,217,252.30 +0.43% Kyle and Buda both saw moderate increases in sales tax receipts from February 2016 to February 2017, according the state sales tax figures, while smaller towns experienced significant revenue increases over last year's numbers. San Marcos is the only city in Hays County that saw a dip this month. Overall, Hays County revenue rose less than half a percent for this period. / I! f you're just starting out in your career, you will need to be prepared to face some financial challenges along the way- but here's one that's not unpleasant: choosing what to do with some extra disposable income. When this happens, what should you do with the money? Your decisions could make a real difference in your ability to achieve your important financial goals. Under what circumstances might you receive some "found" money? You could get a year-end bonus from your employer, or a sizable tax refund, or even an inheritance. However the money comes to you, don't let it "slip through your fingers." Instead, consider these two moves: investing the money or using it to pay off debts. Financial Focus contributed by Jon Albright, CFP Which of these choices should you pick? There's no one "right" answer, as everyone's situation is different. But here are a few general considerations: Distinguish between "good" and "bad" debt. Not all types of debt are created equal. Your mortgage, for example, is probably a "good" form of debt. You're using the loan for a valid purpose - i.e living in your house - and you likely get a hefty tax deduction for the interest you pay. On the other hand, nondeductible consumer debt that carries a high interest rate might be considered "bad" debt - and this is FINANCIAL FOCUS, 4D i![ I |!! ii I