FY2024 Metricks

City of El Mirage — Regular Meeting (2023-08-22)

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EXHIBIT B 
GPEC PERFORMANCE MEASURES 
FY 2024 
 
 
 
Specific performance targets as established by the GPEC Executive Committee and 
Board of Directors: 
 
1. Payroll Generated  
$412.84M 
2. Total Number of Jobs Created  
7,060 
3. Total Number of High-Wage Jobs1  
3,738 
4. Average High-Wage Salary  
$66,243 
5. GPEC Assists2 
10 
6. Number of Qualified Prospects  
233 
7. Number of Qualified International Prospects 
43 
8. Community Return on Investment3 
40:1 
 
Footnotes: 
 
1. 
High Wage Jobs: High wage jobs are those that are over 130% of the Phoenix MSA Median Wage (currently $59,245). 
 
2. 
GPEC Assists: Companies that located in the region, for which GPEC provided assistance, that do not qualify as a locate 
due to project size for example; and would otherwise be listed as “non-reported locates.”   
 
3. 
ROI is calculated as a ratio of direct revenue from GPEC locates to all member communities divided by funding from GPEC 
member communities