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Commercial Reinvestment

Building Community

Status Indicators: Proceeding as Anticipated |  Monitoring Progress | Reviewing for Improvement | Information Unavailable

Status Indicators:
Proceeding as Anticipated
 Monitoring Progress
Reviewing for Improvement
Information Unavailable

$60,081,724

Q3-18

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. Although the Oil and Gas economy is beginning to show signs of life, hesitation to reinvest is still possibly due in part to the economic uncertainty surrounding the oil and gas industry. In the 3rd Quarter, the City processed 90 commercial reinvestment permits with permit values totaling $27,019,390. Year-to-date, the total permit valuation of commercial reinvestment permits comes out to $60,081,724; 73% of the City's target for the fiscal year. Current performance reflects a slightly lower performance of commercial reinvestment activity than at this time last year. While commercial reinvestment is not subject to seasonal trends, it is important to note that the measure still has the potential to meets its annual target of $82,170,221.

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.

City of Sugar Land Permits & Inspections Department - Sungard; Sungard is a comprehensive software that integrates the City's financial and billing systems.





Contact Information

City of Sugar Land
2700 Town Center Blvd. North
Sugar Land, TX 77479

Office of Performance and Accountability
Contact (281) 275-2236
www.sugarlandtx.gov
PerformanceAccountability@sugarlandtx.gov

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Contact Information

City of Sugar Land
2700 Town Center Blvd. North
Sugar Land, TX 77479

Office of Performance and Accountability
Contact (281) 275-2236
www.sugarlandtx.gov
PerformanceAccountability@sugarlandtx.gov

Site Map
Disclaimer
Privacy

click here to view the city of sugar land's facebook pageclick here to view the city of sugar land's twitter page