If Greensboro’s year to date building permitsfell 53% year over year through Aprilwhy did the City Council approve 2009-2010’s budgetassuming a 26% fall in building permits“below the current year budget”at the end of June?

Scheduled building activity

as measured by residential building permits

 fell 53.8 percent compared to April of last year

 

Economic Activity Still Sliding

Paul B Johnson

High Point Enterprise, June 18, 2009

 

What was the difference

between 2008-2009’s budgeted building permit revenues

and reality?

 

Building permit revenue is budgeted at $2.1 million

about $735,000, or about 26% below the current year budget

 

Total Budget Revenues

The City of Greensboro

Recommended Budget 2009-10