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02-22-2023 Council Packet
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02-22-2023 Council Packet
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<br />Highlights: <br /> Property tax collections are trending as expected. The City collected 99.52% of its <br />current portion compared to 99.22% in prior year. The .48% or $18,072 is <br />considered delinquent and is anticipated to be collected in the subsequent years. <br />This trend is consistent with the prior 5 years. <br /> More permits issued to date in 2022. The increase in building permits relates to <br />Twin Lake Apts project and increase roofing and siding permits due to hail storms. <br />Note that valuation also increased, primarily as a result of the Twin Lake Apts <br />project. The increase is in line with increased building permit revenues noted <br />bellow. <br />260 <br />304 <br />242 251 <br />502 <br />0 <br />100 <br />200 <br />300 <br />400 <br />500 <br />600 <br />2018 2019 2020 2021 2022 <br />Building Permits Issued ‐December 31st <br /> <br />16,522,622 <br />31,847,055 <br />5,389,464 4,416,019 <br />38,123,007 <br /> ‐ <br /> 5,000,000 <br /> 10,000,000 <br /> 15,000,000 <br /> 20,000,000 <br /> 25,000,000 <br /> 30,000,000 <br /> 35,000,000 <br /> 40,000,000 <br /> 45,000,000 <br />2018 2019 2020 2021 2022 <br />Building Permit Valuation ‐December 31st <br />
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