Page 232 - Southlake FY22 Budget

CITY DEPArTMEnT OVErVIEW
PLANNING & DEvELOPMENT SERvICES

card
nt Score
artme
Department Core Services
Dep

Previous Previous Measure-
Perspective Ref # Measure Current Target
Period Period ment

Number of building inspections per-
2.4.12 2,435 2,254 2,720 > 3,000
formed
Publish quarterly updates to the Devel-
opment Activity Report (Post quarterly
2.4.18 1 1 1 = 1
report to website no later than 15 days
after start of new quarter)

2.5 Manage and oversee the entitlement, permitting and inspection process (PDSB1) (B4) - Leading Indicators

Commercial Construction Index Score
(National) - Degree of the health of the
contractor segment of the US building
2.5.1 59 62 65 > 50
industry. Componnents of the index
include backlog; new business opportu-
nity; and expected revenue.
Commercial construction - % of con- 86% 89% > 80%
tractors who report moderate to high
Manage the Business 2.5.2 market to sufficinet new business op- 6% 6% 10% > 8%
levels of confidence in the ability of the 85%

portunities
Commercial Construction (National)
-Access to Financing (% believing it
become easier)
Commercial Construction (National) -
Percentage of contractors expecting an
2.5.3 25% 36% 39% > 20%
increase in Revenue over the next 12
months
Commercial Construction (National) -
2.5.4 Will Spend more on Tools and Equip- 36% 37% 44% > 40%
ment
Residential (Southlake) - Average Days
2.5.6 48 55 < 60
on the Market - annual data
Percent Increase in Median Home Sale
2.5.7 -2% 6% > 2%
Price (Southlake) - annual data
Percent of Original Home Asking Price 97% > 95%
Received (Southlake) - annual data

2.5.8 Number of Home Sales - annual data 146 590 > 75

BUDGET BOOK | FY 2022 City of Southlake 231
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