| (ARCHIVED) % of approved incented projects with at least 10:1 private to public investment ratio.ED-Economic Development |
Measure Definition & Importance |
Ensuring that most incentive packages have at least a 10:1 Private/Public ratio on investment ensures that the City is receiving enough funds in the general fund to more than cover the service delivery cost that the project will require once completed.
Analysis | |
% of approved incented projects with at least 10:1 private to public investment ratio |
Service Areas |
Attachments |
Measure Data | Last Calculated a year ago |
| Period | | Status | Actual | FYTD Actual | # projects with 10:1 ratio | Total # projects | Overall Target | High Variance (FY Target) | Low Variance |
|---|---|---|---|---|---|---|---|---|---|
| Aug-16 |  | Monitoring/No Info | 75.00% | ||||||
| Q1-FY2017 |  | On Target | 100.00% | 100.00% | 4.00 | 4.00 | 90.00% | 80.00% | 50.00% |
| Q2-FY2017 |  | Lagging | 50.00% | 83.33% | 1.00 | 2.00 | 90.00% | 80.00% | 50.00% |
| Q3-FY2017 |  | Insufficient Progress | 0% | 71.43% | 0.00 | 1.00 | 90.00% | 80.00% | 50.00% |
| Q4-FY2017 | | Lagging | 75.00% | 72.73% | 3.00 | 4.00 | 90.00% | 80.00% | 50.00% |
| Q1-FY2018 | | On Target | 100.00% | 100.00% | 1.00 | 1.00 | 90.00% | 80.00% | 50.00% |
| Q2-FY2018 | | Monitoring/No Info | 100.00% | 0.00 | 0.00 | 90.00% | 80.00% | 50.00% | |
| Q3-FY2018 | | Insufficient Progress | 25.00% | 40.00% | 1.00 | 4.00 | 90.00% | 80.00% | 50.00% |
| Q4-FY2018 | | Monitoring/No Info | 40.00% | 90.00% | 80.00% | 50.00% | |||
| Q1-FY2019 | | Monitoring/No Info | |||||||
| Q2-FY2019 | | Monitoring/No Info | |||||||
| Q3-FY2019 | | Monitoring/No Info | |||||||
| Q4-FY2019 | | Monitoring/No Info | |||||||
| Q1-FY2020 | | Monitoring/No Info | |||||||
| Q2-FY2020 | | Monitoring/No Info | |||||||
| Q3-FY2020 | | Monitoring/No Info | |||||||
| Q4-FY2020 | | Monitoring/No Info | |||||||
| Q1-FY2021 | | Monitoring/No Info | |||||||
| Q2-FY2021 | | Monitoring/No Info | |||||||
| Q3-FY2021 | | Monitoring/No Info | |||||||
| Q4-FY2021 | | Not Defined | |||||||
| Q1-FY2022 | | Not Defined | |||||||
| Q2-FY2022 | | Not Defined | |||||||
| Q3-FY2022 | | Not Defined | |||||||
| Q4-FY2022 | | Not Defined |
Data Source Details & Calculation Information |
The data is found in the Economic Development Department's shared folder under incentives in the folder named List of Incentive Agreements. The document within that folder is called Projects Lists All. Such ratio data is found in the Ratio Column of the Tax Abatements and Chapter 380 workbook tabs.
Actual = (number of projects that have at least a 10:1 ratio/total number of projects approved by Council)*100
Performance Liaison |
| |
Measure Type |
Data Owner |
Measure ID |
331779
Performance Liaison Notes |
Administrator Notes |