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19E - DTSA BID METRICS
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12/20/2016
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19E - DTSA BID METRICS
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Last modified
12/19/2016 10:31:47 AM
Creation date
12/15/2016 4:14:06 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
19E
Date
12/20/2016
Destruction Year
2021
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Mic aucy Rate <br />12% <br />11% <br />10% <br />% <br />8% <br />7% <br />6% <br />5%1 <br />2012 2013 2014 2015 2016 <br />Source: Costar 2616 <br />Building Permits Issued (and project valuation) <br />A total of 42 building permits were issued for downtown from July 1, 2015 to June 30, 2016. <br />The total valuation of this permitted work was $4,985,540. <br />In the previous twelve-month period, 89 building permits were issued. The total valuation of <br />this permitted work was $789,052. <br />BUSINESS INDICATORS <br />Total Business Licenses <br />According to business license data, there are a total of 720 active businesses in downtown as <br />of November 2016. This is compared to a total of 702 active businesses in downtown in <br />December 2015. This represents an increase of 2.5% over the last year. <br />Sales Taxes <br />Local sales taxes generated by downtown businesses increased 51 % from 2010 to 2015. <br />Complete data is not yet available for 2016. <br />BID PROGRAMS <br />Marketing <br />Y DTSA Newsletter reaches 1,850 readers each week (16% increase in 2016) <br />19E-4 <br />2015 <br />2014 <br />2013 <br />2012 <br />2011 <br />2010 <br />Sales tax <br />revenues (USD) <br />1,147,965 <br />1,024,437 <br />1,002,562 <br />999,515 <br />861,045 <br />761,864 <br />% Increase <br />from previous <br />year <br />12% <br />2% <br />0% <br />16% <br />13% <br />n/a <br />% Increase <br />since 2010 <br />51% <br />34% <br />32% <br />31% <br />13% <br />n/a <br />BID PROGRAMS <br />Marketing <br />Y DTSA Newsletter reaches 1,850 readers each week (16% increase in 2016) <br />19E-4 <br />
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