FM 78 - 2.3 Acres

CIBOLO Economic development officials in Ciboloo said they are prepared for the increase of people and new projects. In the year 2000, there were 3,000 people living in Cibolo. Today there are 30,000, according to city officials. 2000 2014 2015 2016 2017 2018 3,035 25,280 27,465 28,637 29,861 30,100 *Population (all dates are as of Oct. 1 of the respective year except 2018, which is as of May 1) Chefs Gwyn and Justin Hammerson are remodeling a century-old house in Cibolo. In a few months it will be transformed into Kindling Texas Kitchen, a new restaurant in Cibolo -- one of dozens of new business in the city. Dave Petersen, president of the Cibolo Economic Development Corporation, said the city has had a steady increase in business year to year. "The Walmart came just a couple of years ago, and that was really kind of the first 'big box' entity that came to town. And now we have just a lot of other retail that’s come along,” Petersen said. There are another 14 businesses currently under construction. The amount of money the city has received from sales tax has consistently increased over the past few years: Sales Tax Growth FY 2014 - $1,279,848 FY 2015 - $1,448,944 (+13.2%) FY 2016 - $1,908,511 (+31.7%) FY 2017 - $2,299,259 (+20.5%) Estimated FY 2018 - $2,900,000 (+26.1%) On top of that, property tax revenue has also gone up: Property Tax Growth FY 2014 - $6,737,621 FY 2015 - $7,387,236 FY 2016 - $7,835,488 FY 2017 - $8,455,482 Estimated FY 2018 - $8,860,000 Petersen said they’ve added 375 houses on average per year. "Five years from now, we’ll be over 35,000 people, probably pushing at 40,000. We will have much more retail involved. We will have significant growth along the FM 1103 corridor," Petersen said. Residents have different opinions about the growth.