Building Permits and Inspections (BPI)
For the Nine Months Ended June 30, 2022
Operating revenues of $3.18 million are 73% of the $4.33 million dollar budget compared to prior year operating revenues of $1.15 million at 44% of the $2.64 million dollar budget. Operating revenues increase 176.1% or $2.03 million over that of the prior year. Building permit fees were reduced by 75% in FY 2021 and for FY2022 are reduced 25% for a one-year period effective October 1, 2021. Also, permits issued for multi-family units increased over the prior year. Operating expenses of $2.84 million are 56% of the $5.03 million dollar budget compared to prior year operating expenses of $3.06 million at 61% of the $5.01 million dollar budget. Operating expenses are (7.0%) or ($213,754) less than the prior year due mainly to decreases in personnel costs driven by vacancies and EnerGov implementation costs in prior year.
A total of $1.17 million in reserves are planned to be used in FY2022. As of June 30, 2022, revenues exceed expenses by $340,541.