In 2013, the Buda Economic Development Corporation hired Pegasus Planning, in partnership with The Retail Coach and Texas Perspectives, to conduct Buda's first Economic Development Strategic Plan. The Strategic Plan identified four target industries for the City of Buda: retail & entertainment, tourism & hospitality, office, and light industrial & advanced manufacturing. As part of the of the process, The Retail Coach conducting a retail leakage study, which indicated that Buda has over $247,967,000 in annual retail leakage. Additionally, Texas Perspectives developed an Incentive Policy, which governs both the Economic Development Corporation and the City of Buda's incentive process and allocations. To learn more about the Strategic Plan, Retail Leakage Study, or Incentive Policy, please download them through the links below. The Strategic Plan culminated in a kick-off event, which featured the movie Buda 2023, which is humorous look at Buda in 2023 after the Economic Development Strategic Plan has been implemented for 10 years.