Building Permits and Inspections (BPI)
Operating revenues of $361,683 are 14% of the $2.64 million dollar budget compared to prior year operating revenues of $764,882 at 41% of the $1.85 million dollar budget. Operating revenues decrease 52.7% or ($403,199) from that of the prior year. Building permit fees continue to remain reduced by 75% that went into effect October 1, 2019. Operating expenses of $941,706 are 19% of the $5.01 million dollar budget compared to prior year operating expenses of $1.04 million at 20% of the $5.15 million dollar budget. Operating expenses are 9.8% or ($102,405) less than the prior year due to the decreases in contract services for one-time FY20 security installation expense, and fleet charges. A total of $2.83 million in reserves are planned to be used in FY2021.
As of December 31, 2020, expenses exceed revenues by ($580,023).