Value of Building Permits

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Commercial  Building Permits are a key indicator of construction activity in the City.  The annual value of building permits issued  includes new construction as well as tenant improvements in existing buildings.  Construction activity affects city revenues in  two ways: permits are a source of revenue for the City and investment in local  businesses and infrastructure has a direct benefit in the assessment of  property taxes.  Construction activity is  also an indirect measure of job creation since this activity creates jobs.