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07-27-2022 Council Packet
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07-27-2022 Council Packet
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<br /> <br /> <br /> <br />Highlights: <br /> Property tax collections are trending as expected at 52.29%. This is consistent with <br />the prior 5 years. <br /> Number of building permits issued for the current year comparable with 2021. Note <br />that valuation higher than 2021 by $10,957,123. This was due to few commercial <br />permits issued within the quarter (3055 Spruce Street – Warehouse DART, 2640 <br />Rice Street – Royal Credit Union and 3230 Spruce Street – Vision Loss Resources). <br />The increase is in line with increased building permit revenues noted bellow. <br /> <br /> <br />116 <br />154 <br />110 <br />138 133 <br />0 <br />20 <br />40 <br />60 <br />80 <br />100 <br />120 <br />140 <br />160 <br />180 <br />2018 2019 2020 2021 2022 <br />Building Permits Issued 1st Half <br />1,851,074 <br />16,891,005 <br />3,324,829 2,528,655 <br />13,485,778 <br /> ‐ <br /> 2,000,000 <br /> 4,000,000 <br /> 6,000,000 <br /> 8,000,000 <br /> 10,000,000 <br /> 12,000,000 <br /> 14,000,000 <br /> 16,000,000 <br /> 18,000,000 <br />2018 2019 2020 2021 2022 <br />Building Permit Valuation <br />Issued 1st Half
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