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.
This data is private development driven and therefore staff has little control over the forecast.
In the 3rd quarter, the City processed 58 commercial reinvestment permits with permit values totaling $17,312,389. Year-to-date, commercial reinvestment permit values top $59,195,457; 64% of the City's target for the fiscal year. With commercial reinvestment below the threshold of 75% for the fiscal year goal, this measure is evaluated amber for caution.
This measure tracks the dollar value ($) of all permits for the addition/alteration of commercial properties.
Performance better than or equal to the three-year trailing average.
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.