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.
In the 4th Quarter, the City processed 60 commercial reinvestment permits with permit values totaling $15,935,629. Year-to-date, the total permit valuation of commercial reinvestment permits comes out to $89,816,200; which means the City surpassed its annual target of $82,170,221 by 9%.
This measure tracks the dollar value ($) of all permits for the addition/alteration of commercial properties.
Performance better than or equal to the three-year trailing average. The target is ≥$82,170,221.
Addition/Alteration permit values are representative of real property investments going into redevelopment of commercial real estate in the City. The measure denotes value being reinvested into the community to maintain or improve property.