FY2022

City-University Urban Renewal Area (Riverfront Crossings – Amendment #10 Area)

Jan 2021 Estimate

Jan 2017 Jan 2018 Jan 2019 Jan 2020 Projected

Current Value (in millions) Base Value (in millions)

$ 176.84 $ 218.71 $ 290.75 $ 290.75 $ 296.57 $ 115.45 $ 115.25 $ 115.25 $ 115.25 $ 115.25 53.2% 89.8% 152.3% 152.3% 157.3%

percent increase

Towncrest Urban Renewal Area

Jan 2021 Estimate

Jan 2017 Jan 2018 Jan 2019 Jan 2020 Projected

Current Value (in millions) Base Value (in millions)

$ $

40.72 $ 32.55 $

42.91 $ 32.55 $

44.28 $ 32.55 $

44.28 $ 32.55 $

45.17 32.55

percent increase

25.1% 31.8% 36.0% 36.0% 38.8%

Total - All Urban Renewal Areas

FY 2022 Estimate

FY 2018 FY 2019 FY 2020 FY 2021 Projected

New

1 2

1 2

0 0

0 4

1 2

Amended

Total Urban Renewal Areas

13

14

14

14

15

Strategic Plan Goal:

Promote an Inclusive and Resilient Economy Throughout the City

Build stronger relations with business owners throughout the community Develop programs aimed to enhance small business development and retention with a focus on diverse communities identify ways to market and grow the local foods economy.

Department Goal:

Build Employment Opportunities

Department Objective:

Performance Measures:

CY 2021 Estimate

CY 2017 CY 2018 CY 2019 CY 2020 Projected 2.5% 2.0% 2.1% 8% 5%

Unemployment Rate

FY 2022 Estimate

FY 2018 FY 2019 FY 2020 FY 2021 Projected

# Projects assisted that grow the Local Foods economy Support ICAD in efforts to do targeted industry development

0

4

3

2

2

$167,392 167,392 $

173,392 $

173,392 $

173,392 $

159

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