Status Indicators: Proceeding as Anticipated | Monitoring Progress | Reviewing for Improvement | Information Unavailable
Proceeding as Anticipated
Reviewing for Improvement
Please note that Q1, Q2, Q3, and Q4 refer to the first, second, third, and fourth quarters of the Fiscal Year. The City’s Fiscal Year runs from October 1st – September 30th and is denoted by FY. CY denotes Calendar Year.
This data is private development driven and therefore staff has little control over the forecast.
In the 3rd quarter 84 commercial reinvestment permits were issued:
31 in April totaling $14,252,565, 26 in May totaling $27,149,314, and 27 in June totaling $6,472,960. Total commercial reinvestment permit value for the 3rd quarter was $47,874,839.
With commercial reinvestment permit values already meeting the fiscal year goal, this measure is evaluated green.
This measure tracks the dollar value ($) of permits issued by the Department of Building Safety for the addition/alteration of commercial properties. Commercial addition/alteration permits do not include new ground up construction.
Performance better than or equal to the three-year trailing average.
Addition/Alteration permit values are representative of real property investments going into redevelopment of commercial real estate in the City within the city limits and Extraterritorial Jurisdiction (ETJ). The measure denotes value being reinvested into the community to maintain or improve commercial property.