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For sixth consecutive month, city’s retail economy shows improvement over same period last year, with June 2018 figure up almost six percent over June 2017, reports Edinburg EDC

Researchers in the University of Texas Rio Grande Valley’s Department of Health and Biomedical Sciences are working to develop a next generation of anti-HIV drugs that are more effective and have fewer side effects.

Featured: Researchers in the University of Texas Rio Grande Valley’s Department of Health and Biomedical Sciences are working to develop a next generation of anti-HIV drugs that are more effective and have fewer side effects. Human immunodeficiency virus 1 (HIV-1) remains one of the leading causes of death globally. To further support studies into HIV-1, the National Institutes of Health awarded UTRGV a grant for the project, called “Nanodiamond Based Anti-HIV Drug Delivery Targeted Towards the Brain,” The grant is for $432,729 starting July 1, 2018 and ending June 30, 2021. The principal investigator is Dr. Upal Roy, Assistant Professor at the UTRGV Department of Health and Biomedical Science.  From left are some of the students majoring in Biomedical Science who will be working on the research – Jonathan Abshier, Roberto DeLa Garza, Dr. Upal Roy, Jesus Hernandez and Hari Das. he Edinburg Mayor and Edinburg City Council, along with the Edinburg Economic Development Corporation and its Board of Directors, lobby the Texas Legislature and the UT System Board of Regents on matters that benefit and protect UTRGV and its School of Medicine, which have major campuses in the city. 

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City’s retail economy during Thanksgiving and Christmas 2017 showed combined improvement over 2016 holiday period, reports Edinburg EDC

City’s retail economy during Thanksgiving and Christmas 2017 showed combined improvement over 2016 holiday period, reports Edinburg EDC

Featured: Erika Stubberud, left, University of Texas Rio Grande Valley Nursing student from Brownsville, and Alejandra Benítez, UTRGV Environmental Science student from Reynosa, Mexico, in front of the UTRGV sign as winter weather brought rare snow to the campus on Friday, December 8, 2017 in Edinburg. Edinburg’s retail economy during the November and December 2017 holiday season – which feature Thanksgiving and Christmas – showed an improvement of 0.51 percent over the same two months of the 2016 holiday season, the Edinburg Economic Development Corporation has announced. The Edinburg Mayor and Edinburg City Council, along with the Edinburg Economic Development Corporation and its Board of Directors, lobby the Texas Legislature and the UT System Board of Regents on matters that benefit and protect UTRGV and its School of Medicine, which have major campuses in the city.

Photograph By PAUL CHOUY

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Edinburg’s retail economy for November 2017 registered an 8.49 percent improvement – one of the Valley’s best figures – over November 2016

Edinburg’s retail economy for November 2017 registered an 8.49 percent improvement – one of the Valley’s best figures – over November 2016

Featured, from left: Elva Jackson Garza, Member, Board of Directors, Edinburg Chamber of Commerce; Mayor Richard Molina; Julio César Carranza, Member, Board of Directors, Edinburg Economic Development Corporation; Alex Ríos, Chairman, Board of Directors, Edinburg Chamber of Commerce; and Jacob De León, Immediate Past Chairman, Board of Directors, Edinburg Chamber of Commerce. These city leaders were participating in a grand opening of a local business during Fall 2017.

Photograph By RONNIE LARRALDE

Edinburg’s retail economy in November 2017 showed one of the best improvements among the Valley’s largest cities, generating more than $1.6 million in local sales taxes for that month, an increase of 8.49 percent over November 2016, the Edinburg Economic Development Corporation has announced. The amount of local sales taxes collected helps reflect the strength of an economy, along with construction activities, per capita income, education, historical performances, and related trends. The local sales tax is also used in Edinburg to help pay for many city services, while the Edinburg Economic Development Corporation uses its one-half cent local sales tax to help generate economic development in the city. For November 2017, Edinburg’s retail economy produced $1,652,449,46 in local sales taxes, compared with $1,523,109.54 in November 2016, representing an increase of 8.49 percent. In terms of local sales tax revenue for November 2017, McAllen led all major Valley cities with $5,010,846.63, while Brownsville was second ($3,051,584.55), Harlingen was third ($1,922,065.33), and Edinburg was fourth ($1,652,449,46). The sales tax, formally known as the State Sales and Use Tax, is imposed on all retail sales, leases and rentals of most goods, as well as taxable services. Texas cities, counties, transit authorities and special purpose districts have the option of imposing an additional local sales tax for a combined total of state and local taxes of 8 1/4% (.0825). he Edinburg EDC is the jobs-creation arm of Mayor Richard Molina, Mayor Pro-Tem David Torres, Councilmember Homer Jasso, Jr., Councilmember Gilbert Enríquez, and Councilmember Jorge Salinas. The Edinburg EDC Board of Directors is comprised of City Councilmember Gilbert Enríquez as President, Edinburg School Board Trustee Miguel “Mike” Farías as Vice-President, Isael Posadas, P.E., as Secretary/Treasurer, and Julio César Carranza and Noé Sauceda, Ph.D. as Members.

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Edinburg EDC: City retail economy produced $20.9+ million in local sales taxes during annual period of November 2016 through October 2017

Edinburg EDC: City retail economy produced .9+ million in local sales taxes during annual period of November 2016 through October 2017

Featured: Honoree recipients at the 85th Annual Edinburg Chamber Installation Banquet, which was held on Wednesday October 25, 2017 at Memorial Events Center. From left: Elva Jackson Garza, Member, Board of Directors, Edinburg Chamber of Commerce (Edwards Abstract and Title Co.); Letty González, President, Edinburg Chamber of Commerce; Jacob De LeónImmediate Past Chairman, Board of Directors, Edinburg Chamber of Commerce (Memorial Funeral Home); Manuel N. Cantú, Jr. 2017 Edinburg Man of the Year (Rio Valley Realty); E. Linda Villarreal, MD, 2017 Edinburg Woman of the Year (Memorial Medical Clinic); Pat Barrientos, 2017 Edinburg Chamber Ambassador of the Year (Edinburg Executive Center); Gabriel Espinoza, Jr., 2017 Edinburg Fireman of the Year; Martín Martínez, 2017 Leadership Award (City of Edinburg Parks and Recreation Department); and Alex Ríos, Chairman, Board of Directors, Edinburg Chamber of Commerce (Kids’ Kollege Learning Center and the Office of State Representative Terry Canales, District 40). These business and community leaders were honored for their achievements and dedication to the region.

Photograph By RONNIE LARRALDE

Edinburg’s retail economy from November 2016 through October 2017 has generated more than $20.9 million in local sales taxes, compared with more than $21.1 million for the same 12-month period the previous year, the Edinburg Economic Development Corporation has announced. The amount of local sales taxes collected helps reflect the strength of an economy, along with construction activities, per capita income, education, historical performances, and related trends. The sales tax, formally known as the State Sales and Use Tax, is imposed on all retail sales, leases and rentals of most goods, as well as taxable services. Texas cities, counties, transit authorities and special purpose districts have the option of imposing an additional local sales tax for a combined total of state and local taxes of 8 1/4% (.0825). From November 2016 through October 2017, Edinburg’s retail economy produced $20,934,767.43 in local sales taxes, compared with $21,171,250.82 for November 2015 through September 2016, a decrease of 1.11 percent. The year-to-date figures, which under the reporting system used by the Texas Comptroller of Public Accounts, begin in November of each year and end in October of the following year. For October 2017, Edinburg’s retail economy produced $1,624,490.61 in local sales taxes, compared with $1,644,571.30 in October 2016, representing a decrease of 1.22 percent. The local sales tax is also used in Edinburg to help pay for many city services, while the Edinburg Economic Development Corporation uses its one-half cent local sales tax to help generate economic development in the city. The Edinburg EDC is the jobs-creation arm of Mayor Richard Molina, Mayor Pro-Tem David Torres, Councilmember Homer Jasso, Jr., Councilmember Gilbert Enríquez, and Councilmember Jorge Salinas. The Edinburg EDC Board of Directors is comprised of City Councilmember Gilbert Enríquez as President, Edinburg School Board Trustee Miguel “Mike” Farías as Vice-President, Isael Posadas, P.E., as Secretary/Treasurer, and Julio César Carranza and Noé Sauceda, Ph.D. as Members.

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Edinburg EDC: Retail economy generates more than $19.3 million in local sales taxes between November 2016 and September 2017

Edinburg EDC: Retail economy generates more than .3 million in local sales taxes between November 2016 and September 2017

Featured: University of Texas Rio Grande Valley student Brandon Lau talks about his group’s research project with Robert Kaplan, President and CEO of the Federal Reserve Bank of Dallas, during the Border Economic Development and Entrepreneurship Symposium (BEDES) hosted by UTRGV, the Federal Reserve Bank of Dallas-San Antonio Branch, and the McAllen Chamber of Commerce. The symposium was held Friday, December 1, 2017 at the Embassy Suites in McAllen. The Edinburg Mayor and Edinburg City Council, along with the Edinburg Economic Development Corporation and its Board of Directors, lobby the Texas Legislature and the UT System Board of Regents on matters that benefit and protect UTRGV and its School of Medicine, which have major campuses in the city.

Photograph By PAUL CHOUY

Edinburg’s retail economy from November 2016 through September 2017 has generated more than $19.3 million in local sales taxes, compared with more than $19.5 million for the same 11-month period the previous year, the Edinburg Economic Development Corporation has announced. The amount of local sales taxes collected helps reflect the strength of an economy, along with construction activities, per capita income, education, historical performances, and related trends. The sales tax, formally known s the State Sales and Use Tax, is imposed on all retail sales, leases and rentals of most goods, as well as taxable services. Texas cities, counties, transit authorities and special purpose districts have the option of imposing an additional local sales tax for a combined total of state and local taxes of 8 1/4% (0.825). From November through September 2017, Edinburg’s retail economy produced $19,310,276.82 in local sales taxes, compared with $19,526,679.52 for November 205 through September 2016, a decrease of 1.10 percent. The year-to-date figures, which under the reporting system used by the Texas Comptroller of Public Accounts, begin in November of each year and end in October of the following year. For September 2017, Edinburg’s retail economy produced $1,963,990.26 in local sales taxes, compared with $1,933,808.59 in September 2016, representing an increase of 1.56 percent. The local sales tax in Edinburg is also used to help pay for many city services, while the Edinburg Economic Development Corporation uses its one-half cent local sales tax to help generate economic development in the city. The Edinburg EDC is the jobs-creation arm of Mayor Richard Molina, Mayor Pro Tem David Torres, Councilmember Homer Jasso, Jr., Councilmember Gilbert Enríquez, and Councilmember Jorge “Coach” Salinas. The Edinburg EDC Board of Directors is comprised of City Councilmember Gilbert Enríquez as President, Edinburg School Board Trustee Miguel “Mike” Salinas as Vice-President, Isael Posadas, P.E., as Secretary/Treasurer, and Julio César Carranza and Noe Sauceda as Members. 

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