Redevelopment Community Impact

Redevelopment Community ImpactRedevelopment community impact statistics. Click 'Read More' to view full chart.

  12/31/10            

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  City Permit Value* City Permit Income Affordable Housing Units Local Estimated Payroll Est. County Tax LOST Est. County Tax SPLOST

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Year            

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6/98-1999 $2,108,352.68 $13,905.50 60 $1,054,176.34 $5,270.88 $10,541.76

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2000-2001 $1,408,175.88 $10,801.00 30 $704,087.94 $3,520.44 $5,632.70

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2002-2003 $9,076,075.32 $33,139.00 148 $4,538,037.66 $22,690.19 $36,304.30

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2004 $3,492,214.76 $24,682.00 77 $1,746,107.38 $8,730.54 $13,968.86

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6/30/05 $2,303,934.83 $16,307.00 40 $1,151,967.42 $5,759.84 $9,215.74

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12/31/05 $388,328.00 $3,248.00 7 $194,164.00 $970.82 $970.82

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12/31/06 $1,033,136.00 $5,594.00 14 $516,568.00 $2,582.84 $2,582.84

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12/31/07 $10,671,139.00 $22,201.00 60 $5,335,569.50 $26,677.85 $26,677.85

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12/31/08 $796,584.00 $5,527.00 20 $398,292.00 $1,991.46 $1,991.46

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12/31/09 $863,582.00 $4,798.00 10 $431,791.00 $2,158.96 $2,158.96

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12/31/10 $1,000,463.00 $807.00 20 $500,231.50 $2,501.16 $2,501.16

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  $33,141,985.47 $141,009.50 486 $16,570,992.74 $82,854.96 $112,546.45

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  *(Permit value < actual)     Estimates based on contractor interviews.    

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Local Estimated

Local Sales

Est. City Tax

LOST

Est. City Tax

SPLOST

Est. City AV Tax @ 7

Mills

Est. City Income

Total

Est. County AV Tax @ 30.61

Mills

Est. County Income

Total

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$1,054,176.34 $5,270.88   $5,903.39 $25,079.77 $25,814.67 $41,627.32

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$704,087.94 $3,520.44 $1,408.18 $9,846.28 $25,575.90 $43,056.38 $52,209.52

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$4,538,037.66 $22,690.19 $9,076.08 $35,259.29 $100,164.55 $154,183.84 $213,178.33

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$1,746,107.38 $8,730.54 $3,492.21 $45,037.49 $81,942.24 $196,942.52 $219,641.92

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$1,151,967.42 $5,759.84 $2,303.93 $51,488.51 $75,859.28 $225,151.90 $240,127.47

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$194,164.00 $970.82 $388.33 $52,575.83 $57,182.98 $229,906.59 $231,848.23

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$516,568.00 $2,582.84 $1,033.14 $55,468.61 $64,678.58 $242,556.30 $247,721.98

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$5,335,569.50 $26,677.85 $10,671.14 $85,347.80 $144,897.78 $373,213.73 $426,569.42

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$398,292.00 $1,991.46 $796.58 $87,578.23 $95,893.28 $382,967.10 $386,950.02

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$431,791.00 $2,158.96 $863.58 $89,996.26 $97,816.80 $393,540.80 $397,858.71

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$500,231.50 $2,501.16 $1,000.46 $92,797.56 $97,106.18 $405,790.47 $410,792.79

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$16,570,992.74 $82,854.96 $31,033.63 $611,299.25 $866,197.35 $2,673,124.30 $2,868,525.71

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All results attributable to total redevelopment tool kit including:         Totals do not reflect: 26 blocks of streetscape renewal;25 downtown building restorations;34+ downtown façade restorations.  

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CHIP; CDBG; NSP; DCA Home Buyer; USDA; Historic Preservation; Code Enf;         > $6.8M in grant funds, 3 State & 1 Federal Awards  

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Façade Program; Private Invstmt;   DDA;& City $38K revolving fund        

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Sales tax revenue assumes local purchase; AV tax @40% w/o exemptions            

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  Over 370 blighted properties have been addressed.          

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Est. local payroll is equivalent to 50 $30,000/yr jobs sustained over 11 years.