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Highlights: <br />ď‚·Despite the decrease in number of permits in Q1 of 2025, permits revenues are <br />trending higher at 90.74% of total budgeted revenues when compared to 29.99% of <br />budgeted revenues in 2024. These types of revenues can fluctuate based on timing <br />of projects and volume. The 2025 balance includes revenues for permits relating to <br />the RIDE apartment project. Weather can also play a significant role especially <br />when considering permits for roofing and siding. <br />60 <br />26 <br />58 <br />75 <br />46 <br />0 <br />10 <br />20 <br />30 <br />40 <br />50 <br />60 <br />70 <br />80 <br />2021 2022 2023 2024 2025 <br />Building Permits Issued - Q1 <br />1,286,505 <br />6,133,159 <br />2,354,193 <br />5,421,327 <br />31,865,846 <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 />2021 2022 2023 2024 2025 <br />Building Permit Valuation - Q1