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ACMA 2008 Summer Conference

ACMA 2008 Summer Conference. Housing & The Economy Avondale Presentation Rogene Hill. Revenue Shortages. Sales Tax Collections @ 2006 Level Property Tax Valuations Down HURF Reductions Expect Income Tax to Decline Water/Sewer/Trash Increasing Delinquencies Water Bills HOA’s.

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ACMA 2008 Summer Conference

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  1. ACMA 2008 Summer Conference Housing & The Economy Avondale Presentation Rogene Hill

  2. RevenueShortages • Sales Tax Collections @ 2006 Level • Property Tax Valuations Down • HURF Reductions • Expect Income Tax to Decline • Water/Sewer/Trash • Increasing Delinquencies • Water Bills • HOA’s

  3. Strategies • Set Budget @ 6% Decrease • Budget Totals $270,410,230 • Cut staffing (Total 19.5) • Traditional Methods • Outsource Parks Maintenance (Save $100K) • Eliminate Programs • Combine Special Events • Further Studies Ongoing for Parks & Fleet

  4. New Revenue • Local Ballot Initiative Prop 406 & 407 • Dedicated ½ Cent Sales Tax • Removes Cap on Items <$5,000 • Expands Language to Include Transit

  5. Cultivate Partnerships Leverage Funds • HOA Support “Collection Techniques Workshop” • New Residential Improvement Districts in Development Process • Public Private Partnerships for Development • City - School District Partnerships • Building Permit Fee waiver for use and programming • Joint grant seeking & Research • Investigate Pilots and Partnerships to Save Energy • “Green Fridays” and other new initiatives • Agency Partnerships, Realtors, Financial Institutions

  6. CODE ENFORCEMENT OVERWHELMED • Complaints for Vacant Properties • Whole Subdivisions • Randall Martin • Oak Park • Abandoned Pools • Squatters • Graffiti

  7. Stabilize NeighborhoodsRelieve Code • Graffiti Contractor • Clean & Lien Provisions of IPMC (114 Properties) • Fish in the Pools • State Real Estate Office • Collapse of Randall Martin • Oak Park • Focus Housing Programs on Foreclosures • Forge Internal Synergies • Additional Crime Prevention • Remove Blight

  8. Recent Weed Abatement “Before and After”

  9. Create Housing Center • Consolidate Housing Resources • Focal Point for Community • Housing Program Coordination • SS Agencies Share Space • Look for Synergies • Prepare for Federal or State Programs

  10. Housing and Resource Center

  11. Lessons Learned Fromthe Past • Vacant Public Building = Nuisance • Non Profit Occupy w/o Rent = Cost • Selling in Down Market = Lost Value

  12. Advantages • Staff Occupies Building • Social Services/Housing Center @ No Cost • Building = Match for Grant • Bldg Operating Subsidy • Two-Year Term – Re-evaluate

  13. Sell Houses! • Employer Assisted Housing (EAH) for Police • EAH program for other employees and employers in the vicinity like school districts • Housing Marketing Video

  14. Employer Assisted Housing • $20,000 Down Payment Assistance • Extra $10,000 for Bank Owned/Foreclosures • Forgiven over 10 years @ $2,000/yr • New Police Recruits or Existing to Move into Avondale • If Avondale Resident up to $5,000 for rehab • Re imbursement • Forgiven over 5 yrs.

  15. EAH for Others • Seek Additional Funding • Talking with Others About • Live Near Work Campaign • Accentuate the Positive • Transit Oriented Development • Planning a Fall Campaign

  16. Next Steps • Open Housing Resource Center • Continue to Look for Funding • Ready for Federal/State Programs • Market and Sell Vacant Houses • Put Safeguards in Place • Subdivision Regulations • HOA Best Practices • HOA Academy

  17. Wish List • State Legislature Review Tax Policy • Banking Industry Work With Cities • Work Outs with Lenders • Approve Short Sales – Realtors Have Buyers • Monitor Investor Ownership Patterns • Shorten Foreclosure Process • Properties in Limbo Too Long • No One is Responsible

  18. In the Meantime HOPE FOR RECOVERY!

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