November 16, 2023

Greetings,

One of the remarkable aspects of our city is its resilience and ability to adapt to change. In FY 2023, we continued to see increased jobs and residents, further solidifying Temple’s reputation as Central Texas’ next frontier. Our community’s appeal has attracted the attention of local businesses and national and international giants. Previous year’s projects like Meta and FedEx have spotlighted Temple and sustained an ongoing interest in the value of our advantageous location, robust infrastructure, and access to key markets.

As my tenure as Chairman concludes, I am immensely grateful for the unwavering support of our dedicated board members and the exceptional team at the Temple Economic Development Corporation. We celebrated significant milestones, including $92.7 million in new capital investment and the announcement of over 74 jobs. Our commitment to talent attraction remains steadfast through the Meet Temple brand, which continues to spread awareness of our community’s appeal to skilled professionals seeking opportunities, high quality of life, and affordability.

I am passing the baton to our incoming Chairman with full confidence in Temple’s future. Embracing change and seizing opportunities will be crucial as we move forward, ensuring that we continue to support the thriving businesses and residents of Temple.

My heartfelt gratitude goes out to everyone who has contributed to Temple’s success during my tenure, including the City of Temple, Temple Reinvestment Zone, and Temple Health & Bioscience District. Our city’s bright future is in capable hands, and I am excited to witness the continued prosperity and growth of Temple in the years ahead.

Sincerely, 

Gary Schmidt
President, Central National Bank

VIEW OUR 2023 ANNUAL REPORT HERE