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FERNDALE DDA
FYE 2013 BUDGET
2011 & 
                                                            11‐YEAR
                                                            STATISTICS
                2011                  11‐YEAR
                                      11 YEAR
                                         $59,441,755 
                   $1, 941,755 
                                            million 
                                            million
                  reinvestment
                                         reinvestment



                                        1330 Net New 
                86 Net New Jobs
                                            Jobs
                                            J b



                   32 Building           $468,455 in 
                Rehabilitations or       BUILD funds 
                  Modifications           Disbursed


                4100 Volunteer         17,647 Volunteer 
                Hours Valued at         Hours Valued at  
                   $86,100
                   $86 100                 $370,500
                                           $370 500


REDUCED VACANCY RATE FROM 30% IN 2000 TO LESS THAN 5% TODAY
FYE 2012 
                                                 HIGHLIGHTS




Implemented 
Implemented       Preserve 
                  Preserve         Set the 
                                   Set the           34 New 
                                                     34 New
 Parkmobile       America         Course for       Businesses 
                Wayfinding       the next 20      (20 Net) that 
                   Phase I        years with          have 
               Installation & 
               I t ll ti &       the TIF Plan 
                                 th TIF Pl       improved the 
                                                 i        d th
                Virtual Tours    Amendment         Downtown 
                                                    economy
FYE 2013 
           GOALS




GOALS
        2012
FYE 2013 
                                        GOALS

• REFINE THE PICTURE OF WHAT THE DDA IS, ITS ASSETS,
  REFINE THE PICTURE OF WHAT THE DDA IS, ITS ASSETS, 
  ACCOMPLISHMENTS, GOALS AND NEEDS.
• EMPOWER STAKEHOLDERS TO BE DIRECTLY INVOLVED 
  IN THE DDA FOR CONTINUAL GROWTH.
  IN THE DDA FOR CONTINUAL GROWTH
• STABILIZE AND MANAGE THE FINANCES OF THE DDA BY 
  IDENTIFYING FUNDRAISING NEEDS AND 
  OPPORTUNITIES.
• PROMOTE POSITIVE PERCEPTION OF DOWNTOWN 
  FERNDALE
• TO MAKE DOWNTOWN FERNDALE ACCESSIBLE, 
  SUSTAINABLE, ENGAGING AND PREPARED FOR FUTURE 
  GROWTH, ALL PEOPLE AND MODES OF 
  GROWTH ALL PEOPLE AND MODES OF
  TRANSPORTATION.
FYE 2013 
                                  GOALS

• GUIDE BEST PRACTICES OF DESIGN IN
  GUIDE BEST PRACTICES OF DESIGN IN 
  DOWNTOWN FERNDALE.
• ESTABLILSH DOWNTOWN FERNDALE AS THE 
  FIRST CHOICE FOR SHOPPING, DINING AND 
  SERVICES. 
• ORGANIZE AND PROMOTE SIGNATURE EVENTS
  ORGANIZE AND PROMOTE SIGNATURE EVENTS 
  TO ATTRACT MORE USERS TO THE DISTRICT  
• PROMOTE ALL OF DOWNTOWN FERNDALE VIA 
  RETAIL SPECIFIC EVENTS. 
• COMMUNICATE THE IMPORTANCE OF 
  DOWNTOWN FERNDALE, ITS PROGRAMS, THE 
  DOWNTOWN FERNDALE ITS PROGRAMS THE
  DEVELOPMENT PLAN & TIF 
FYE 2013 
                                   GOALS

• STIMULATE AND SUPPORT LOCAL BUSINESS
  STIMULATE AND SUPPORT LOCAL BUSINESS 
  GROWTH AND DEVELOPMENT FOR 
  DOWNTOWN FERNDALE.
• RECRUIT & DIVERSIFY BUSINESS MIX 
          &
• INCREASE PROPERTY DEVELOPMENT & 
  REDEVELOPMENT TO STRENGTHEN 
  REDEVELOPMENT TO STRENGTHEN
  DOWNTOWN
• TO MATCH PARKING INFRASTRUCTURE TO 
  DOWNTOWN BUSINESS NEEDS WHILE 
  PREPARING FOR FUTURE NEEDS OF MASS 
  TRANSIT AND INTEGRATION OF NON
  TRANSIT AND INTEGRATION OF NON‐
  MOTORIZED TRANSPORTATION.
FYE 2013 
                                          OBJECTIVES

• Communication Community Building Advocacy
  Communication. Community Building. Advocacy.
• Reinforce
• Artwn – we will be featuring our creative culture
             we will be featuring our creative culture 
  in all of our promotions this year, and will be the 
  one stop shop for finding out Where is Art.  In 
  addition,  th DDA ill b i t lli 10
   dditi      the DDA will be installing 10 sculptures 
                                               l t
  for a two‐year stint and working with the DIA for 
  replica painting installations. 
    p      p      g
• Update & Redesign www.downtownferndale.com
• Create first mobile app/mobile web
• Business Guide
FYE 2013 
                                      OBJECTIVES

• Grow Volunteer Base & Community Outreach
  Grow Volunteer Base & Community Outreach
• iDowntownFerndale Campaign
• Support OSR Program
  Support OSR Program
• Support Woodward Transit Planning
• Support Parking System – Leading Multi‐space 
    pp           g y              g       p
  Meters 
• Update downtown Market Analysis utilizing new 
  census data information
         d t i f      ti
• Create a Business Location Incentive Program & 
  Entrepreneur Programs
  Entrepreneur Programs
FYE 2013 
                                         OBJECTIVES

• Troy & Allen intersection reconfiguration
  Troy & Allen intersection reconfiguration 
  improving traffic and pedestrian flow.
• Bike‐ability ‐‐Install 6 on‐street bike racks and 
  sharrows f
   h         for West Nine Mile l
• Wayfinding Phase III – Woodward Directional & 
  Parking
• Concept plans for W. Troy and Vester Streets
• Pedestrian Alley Improvements
  Pedestrian Alley Improvements
• Minor DDA Office upgrades improving Customer 
  Service
• Preliminary Engineering for W. Nine Mile ‐‐
  Livernois to Pinecrest Streetscape Project
FOR ADDITIONAL INFORMATION ON THE DDA, 
    ITS BUDGET AND SERVICES PROVIDED, 
    ITS BUDGET AND SERVICES PROVIDED,
   PLEASE REVIEW THE FOLLOWING SLIDES
WHERE 
                                      REVITALIZATION 
                                            STARTED
• The DDA was created by the City Council on July
  The DDA was created by the City Council on July 
  14, 1980
• DDA’s primary purpose is to correct and prevent 
         p      yp p                        p
  deterioration and promote economic growth 
  within Ferndale’s downtown business district. 
• City Established DDA TIF District In 1981
  City Established DDA TIF District In 1981
• Reinvestment Tool Dedicated to the Economic 
  Growth of Downtown Ferndale
  Growth of Downtown Ferndale
• The 1981 TIF Plan has been updated and 
  amended three times in the past 30 years. 
WHAT THE 
                                                DDA DOES
                                                DDA DOES


Business Start Up & Assistance
• Provide New Business And/Or Welcome Packets That Include:
   – BUILD G t I f
      BUILD Grant Info
   – Applications For ZDR, BZA, Appearance Review, Sandwich 
     Board Signage, Sidewalk Cafes
   – Information On Pertinent City Ordinances, DDA, City & 
     County Resources, ADA Compliance,  Market Analysis, Etc.
   – Information on Compactor Usage & Snow Removal
   – Contact Information For DDA 
• Assist With Permits, Applications, Zoning
• Track and List Available Properties on Website/Luna Tech
  Track and List Available Properties on Website/Luna Tech 
• Provide Location Assistance
WHAT THE 
                                                   DDA DOES
                                                   DDA DOES


Business Start Up & Assistance
• Provide Consultation Services & Insights
• Offer Networking For Every Stage Business:
   – FernNet, For Established Businesses
   – IGNITE F N
     IGNITE, For New, Emerging Or Growing Businesses
                       E      i O G      i B i
   – Ferndale First, For ALL Ferndale Businesses   
• FREE Marketing, Promotions & Consultations
                g,
• Resource on State & Federal Financial Incentives and 
  Business Planning
IMPACT OF 
                          THE DDA
                          THE DDA


• Increased Occupancy 
  Rate by over 25%
  Rate by over 25%
WHAT THE 
                                                                DDA DOES
                                                                DDA DOES

Public/Private Physical Improvements & Maintenance
Public/Private Physical Improvements & Maintenance
• Streetscape Plans, Projects & Improvements
• Landscape & Flower Installations & Maintenance
• Planting Of More Than 40 New Trees On Woodward Ave
  Pl ti Of M          Th 40 N T        O W d                dA
• Design Guidelines & Façade Grants For Façade Improvements
• Long Term Planning For Capital Improvement Projects
• Wayfinding, Directional And Historical Signage
• Develop Programs To Encourage Buy‐in By Businesses To Improve 
  Their Visuals, i.e. Pimp Your Pot
                         p
• Encourage Environmental Sustainability                                          
  With Financial Incentives
IMPACT OF 
                               THE DDA
                               THE DDA


• Physical Building 
  Improvements 
  Improvements
  – Since 2000 over 75% of 
    downtown buildings 
    downtown buildings
    rehabilitated
IMPACT OF 
                       THE DDA
                       THE DDA

• Environment
  Environment 
  Improvements 
  –   Landscaping
  –   Maintenance
  –   Pocket Parks
  –   Bike Racks
  –   Benches
  –   Banners
  –   Holiday Decor
IMPACT OF 
                                        THE DDA
                                        THE DDA


• Complete Streets/Capital Improvements to 
  Streetscapes, Infrastructure (See Capital Plan 
  Streetscapes, Infrastructure (See Capital Plan
  List)
WHAT THE 
                                                  DDA DOES
                                                  DDA DOES

Promotions & Marketing
Promotions & Marketing
Communicate Assets For Downtown Ferndale & Its Businesses
• Regularly Distribute Press Releases & Media Alerts
• M i t i &U d t 3S
  Maintain & Update 3 Separate Facebook P
                               t F b k Pages with More 
                                                     ith M
  Than 4,300 Fans: Downtown Ferndale, Ignite & Fido Does 
  Ferndale
• Maintain & Update LinkedIn Twitter & Blog
  Maintain & Update LinkedIn, Twitter & Blog
• Maintain & Update www.downtownferndale.com
   – More Than 13,000 Unique Visitors In A Given Month  
   – Updates Include Business Listings, Events, Volunteer 
     Opportunities, Etc
• Eblast Newsletters To More Than 2000+ Consumers & 
  Businesses
  B i
   – 2xs Per Month or More Depending on Month
WHAT THE 
                                                    DDA DOES
                                                    DDA DOES


Promotions & Marketing
• Develop, Promote And Execute Several Major Downtown 
  Events ie: Holiday Ice Festival, Pimp Your Pot, Fido Does 
  Events ie: Holiday Ice Festival Pimp Your Pot Fido Does
  Ferndale
• Promote And Collaborate With Third Party Vendors To Attract 
  Independent Events For The Benefit Of The Entire City   
  Independent Events For The Benefit Of The Entire City
• Promote Events And Initiatives Of District Businesses, i.e. The 
  Great Diaper Change At Modern Natural Baby,  Rouge Make 
  Over, Assembly Line Concert
  Over Assembly Line Concert
• Develop Graphics, Print, Audio And Video Collateral For DDA‐
  promoted Events And Activities
• Engage Businesses To Participate In Events And Free
  Engage Businesses To Participate In Events And Free 
  Opportunities To Benefit Their Business
IMPACT OF 
                                   THE DDA
                                   THE DDA


• A New Downtown Identity to be Proud Of
IMPACT OF 
                                     THE DDA
                                     THE DDA


• 36 DDA‐run Special Events & over 50 that we 
  support and promote 
  support and promote
WHAT THE 
                                 DDA DOES
                                 DDA DOES

  Grass Roots 
  Grass‐Roots
  Community Building
• Recruit volunteers for jobs 
  big and small
  b     d     ll
• Train & honor volunteers 
                 p
  to make them partners 
  and vested in their 
  community
• Engage non‐profits and
  Engage non profits and 
  build partnerships for 
  better business
• Fundraise to leverage tax
  Fundraise to leverage tax 
  dollars
IMPACT OF 
                                                 THE DDA
                                                 THE DDA


• Over 40 volunteers = Community Driven  
  Programming to Meet Community Needs 
  Programming to Meet Community Needs




                   Value of DDA services to the community is over 
                   $747,000 per year.
DDA REVENUE 
                                BREAKDOWN


                         Areas in Red   
                         and No 
                         Color 
                         Color
                         Generate 
                         Levy Only




Green Shaded Area
Generates TIF and Levy
G               d
DDA REVENUE 
                                              FUNDS

                 FYE 2012 DDA REVENUE
                 FYE 2012 DDA REVENUE

           16%
                                        Local TIF
                                            l
3%
                                        County TIF

 5%
                                        1.3794 LEVY from TIF Area

                       61%              1.3794 LEVY from NON‐TIF 
                                        1 3794 LEVY from NON TIF
     15%                                Area
                                        GRANTS, SPONSORSHIPS & 
                                        FEES
WHAT IS TIF?


• BONUS!! Oakland County &            TIF REVENUE
  Other Taxing Authorities             CITY    COUNTY
  Invest Their Portion of 
  I      Th i P i       f
  Increased Tax Revenue In TIF 
  District.                          22%
   – This Portion Would Otherwise 
     Leave The City. 
• Equal to over @$100 000
  Equal to over @$100,000 
  annually or more than $1 
  million in 10 years.                            78%
VALUE ADDED
                                  VALUE ADDED

                           Strengthening a Core 
                           St     th i     C
• TIF Protects Taxpayers
                               Area Benefits the 
               y
• Enables a City to meet 
  City Master Plan goals    Entire Community & 
                            E ti C         it &
  and complete economic  Improves All Property 
  development initiatives 
  de elopment initiati es                Values
                                         V l
  with additional 
  contributions from the 
  contributions from the
  County and DDA  that 
  would otherwise not be 
  available. 
      il bl
DDA Budget presentation fye2013

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DDA Budget presentation fye2013

  • 2. 2011 &  11‐YEAR STATISTICS 2011 11‐YEAR 11 YEAR $59,441,755  $1, 941,755  million  million reinvestment reinvestment 1330 Net New  86 Net New Jobs Jobs J b 32 Building  $468,455 in  Rehabilitations or  BUILD funds  Modifications  Disbursed 4100 Volunteer  17,647 Volunteer  Hours Valued at  Hours Valued at   $86,100 $86 100 $370,500 $370 500 REDUCED VACANCY RATE FROM 30% IN 2000 TO LESS THAN 5% TODAY
  • 3. FYE 2012  HIGHLIGHTS Implemented  Implemented Preserve  Preserve Set the  Set the 34 New  34 New Parkmobile America  Course for  Businesses  Wayfinding the next 20  (20 Net) that  Phase I  years with  have  Installation &  I t ll ti & the TIF Plan  th TIF Pl improved the  i d th Virtual Tours Amendment Downtown  economy
  • 4. FYE 2013  GOALS GOALS 2012
  • 5. FYE 2013  GOALS • REFINE THE PICTURE OF WHAT THE DDA IS, ITS ASSETS, REFINE THE PICTURE OF WHAT THE DDA IS, ITS ASSETS,  ACCOMPLISHMENTS, GOALS AND NEEDS. • EMPOWER STAKEHOLDERS TO BE DIRECTLY INVOLVED  IN THE DDA FOR CONTINUAL GROWTH. IN THE DDA FOR CONTINUAL GROWTH • STABILIZE AND MANAGE THE FINANCES OF THE DDA BY  IDENTIFYING FUNDRAISING NEEDS AND  OPPORTUNITIES. • PROMOTE POSITIVE PERCEPTION OF DOWNTOWN  FERNDALE • TO MAKE DOWNTOWN FERNDALE ACCESSIBLE,  SUSTAINABLE, ENGAGING AND PREPARED FOR FUTURE  GROWTH, ALL PEOPLE AND MODES OF  GROWTH ALL PEOPLE AND MODES OF TRANSPORTATION.
  • 6. FYE 2013  GOALS • GUIDE BEST PRACTICES OF DESIGN IN GUIDE BEST PRACTICES OF DESIGN IN  DOWNTOWN FERNDALE. • ESTABLILSH DOWNTOWN FERNDALE AS THE  FIRST CHOICE FOR SHOPPING, DINING AND  SERVICES.  • ORGANIZE AND PROMOTE SIGNATURE EVENTS ORGANIZE AND PROMOTE SIGNATURE EVENTS  TO ATTRACT MORE USERS TO THE DISTRICT   • PROMOTE ALL OF DOWNTOWN FERNDALE VIA  RETAIL SPECIFIC EVENTS.  • COMMUNICATE THE IMPORTANCE OF  DOWNTOWN FERNDALE, ITS PROGRAMS, THE  DOWNTOWN FERNDALE ITS PROGRAMS THE DEVELOPMENT PLAN & TIF 
  • 7. FYE 2013  GOALS • STIMULATE AND SUPPORT LOCAL BUSINESS STIMULATE AND SUPPORT LOCAL BUSINESS  GROWTH AND DEVELOPMENT FOR  DOWNTOWN FERNDALE. • RECRUIT & DIVERSIFY BUSINESS MIX  & • INCREASE PROPERTY DEVELOPMENT &  REDEVELOPMENT TO STRENGTHEN  REDEVELOPMENT TO STRENGTHEN DOWNTOWN • TO MATCH PARKING INFRASTRUCTURE TO  DOWNTOWN BUSINESS NEEDS WHILE  PREPARING FOR FUTURE NEEDS OF MASS  TRANSIT AND INTEGRATION OF NON TRANSIT AND INTEGRATION OF NON‐ MOTORIZED TRANSPORTATION.
  • 8. FYE 2013  OBJECTIVES • Communication Community Building Advocacy Communication. Community Building. Advocacy. • Reinforce • Artwn – we will be featuring our creative culture we will be featuring our creative culture  in all of our promotions this year, and will be the  one stop shop for finding out Where is Art.  In  addition,  th DDA ill b i t lli 10 dditi the DDA will be installing 10 sculptures  l t for a two‐year stint and working with the DIA for  replica painting installations.  p p g • Update & Redesign www.downtownferndale.com • Create first mobile app/mobile web • Business Guide
  • 9. FYE 2013  OBJECTIVES • Grow Volunteer Base & Community Outreach Grow Volunteer Base & Community Outreach • iDowntownFerndale Campaign • Support OSR Program Support OSR Program • Support Woodward Transit Planning • Support Parking System – Leading Multi‐space  pp g y g p Meters  • Update downtown Market Analysis utilizing new  census data information d t i f ti • Create a Business Location Incentive Program &  Entrepreneur Programs Entrepreneur Programs
  • 10. FYE 2013  OBJECTIVES • Troy & Allen intersection reconfiguration Troy & Allen intersection reconfiguration  improving traffic and pedestrian flow. • Bike‐ability ‐‐Install 6 on‐street bike racks and  sharrows f h for West Nine Mile l • Wayfinding Phase III – Woodward Directional &  Parking • Concept plans for W. Troy and Vester Streets • Pedestrian Alley Improvements Pedestrian Alley Improvements • Minor DDA Office upgrades improving Customer  Service • Preliminary Engineering for W. Nine Mile ‐‐ Livernois to Pinecrest Streetscape Project
  • 11.
  • 12.
  • 13. FOR ADDITIONAL INFORMATION ON THE DDA,  ITS BUDGET AND SERVICES PROVIDED,  ITS BUDGET AND SERVICES PROVIDED, PLEASE REVIEW THE FOLLOWING SLIDES
  • 14. WHERE  REVITALIZATION  STARTED • The DDA was created by the City Council on July The DDA was created by the City Council on July  14, 1980 • DDA’s primary purpose is to correct and prevent  p yp p p deterioration and promote economic growth  within Ferndale’s downtown business district.  • City Established DDA TIF District In 1981 City Established DDA TIF District In 1981 • Reinvestment Tool Dedicated to the Economic  Growth of Downtown Ferndale Growth of Downtown Ferndale • The 1981 TIF Plan has been updated and  amended three times in the past 30 years. 
  • 15. WHAT THE  DDA DOES DDA DOES Business Start Up & Assistance • Provide New Business And/Or Welcome Packets That Include: – BUILD G t I f BUILD Grant Info – Applications For ZDR, BZA, Appearance Review, Sandwich  Board Signage, Sidewalk Cafes – Information On Pertinent City Ordinances, DDA, City &  County Resources, ADA Compliance,  Market Analysis, Etc. – Information on Compactor Usage & Snow Removal – Contact Information For DDA  • Assist With Permits, Applications, Zoning • Track and List Available Properties on Website/Luna Tech Track and List Available Properties on Website/Luna Tech  • Provide Location Assistance
  • 16. WHAT THE  DDA DOES DDA DOES Business Start Up & Assistance • Provide Consultation Services & Insights • Offer Networking For Every Stage Business: – FernNet, For Established Businesses – IGNITE F N IGNITE, For New, Emerging Or Growing Businesses E i O G i B i – Ferndale First, For ALL Ferndale Businesses    • FREE Marketing, Promotions & Consultations g, • Resource on State & Federal Financial Incentives and  Business Planning
  • 17. IMPACT OF  THE DDA THE DDA • Increased Occupancy  Rate by over 25% Rate by over 25%
  • 18. WHAT THE  DDA DOES DDA DOES Public/Private Physical Improvements & Maintenance Public/Private Physical Improvements & Maintenance • Streetscape Plans, Projects & Improvements • Landscape & Flower Installations & Maintenance • Planting Of More Than 40 New Trees On Woodward Ave Pl ti Of M Th 40 N T O W d dA • Design Guidelines & Façade Grants For Façade Improvements • Long Term Planning For Capital Improvement Projects • Wayfinding, Directional And Historical Signage • Develop Programs To Encourage Buy‐in By Businesses To Improve  Their Visuals, i.e. Pimp Your Pot p • Encourage Environmental Sustainability                                           With Financial Incentives
  • 19. IMPACT OF  THE DDA THE DDA • Physical Building  Improvements  Improvements – Since 2000 over 75% of  downtown buildings  downtown buildings rehabilitated
  • 20. IMPACT OF  THE DDA THE DDA • Environment Environment  Improvements  – Landscaping – Maintenance – Pocket Parks – Bike Racks – Benches – Banners – Holiday Decor
  • 21. IMPACT OF  THE DDA THE DDA • Complete Streets/Capital Improvements to  Streetscapes, Infrastructure (See Capital Plan  Streetscapes, Infrastructure (See Capital Plan List)
  • 22. WHAT THE  DDA DOES DDA DOES Promotions & Marketing Promotions & Marketing Communicate Assets For Downtown Ferndale & Its Businesses • Regularly Distribute Press Releases & Media Alerts • M i t i &U d t 3S Maintain & Update 3 Separate Facebook P t F b k Pages with More  ith M Than 4,300 Fans: Downtown Ferndale, Ignite & Fido Does  Ferndale • Maintain & Update LinkedIn Twitter & Blog Maintain & Update LinkedIn, Twitter & Blog • Maintain & Update www.downtownferndale.com – More Than 13,000 Unique Visitors In A Given Month   – Updates Include Business Listings, Events, Volunteer  Opportunities, Etc • Eblast Newsletters To More Than 2000+ Consumers &  Businesses B i – 2xs Per Month or More Depending on Month
  • 23. WHAT THE  DDA DOES DDA DOES Promotions & Marketing • Develop, Promote And Execute Several Major Downtown  Events ie: Holiday Ice Festival, Pimp Your Pot, Fido Does  Events ie: Holiday Ice Festival Pimp Your Pot Fido Does Ferndale • Promote And Collaborate With Third Party Vendors To Attract  Independent Events For The Benefit Of The Entire City    Independent Events For The Benefit Of The Entire City • Promote Events And Initiatives Of District Businesses, i.e. The  Great Diaper Change At Modern Natural Baby,  Rouge Make  Over, Assembly Line Concert Over Assembly Line Concert • Develop Graphics, Print, Audio And Video Collateral For DDA‐ promoted Events And Activities • Engage Businesses To Participate In Events And Free Engage Businesses To Participate In Events And Free  Opportunities To Benefit Their Business
  • 24. IMPACT OF  THE DDA THE DDA • A New Downtown Identity to be Proud Of
  • 25. IMPACT OF  THE DDA THE DDA • 36 DDA‐run Special Events & over 50 that we  support and promote  support and promote
  • 26. WHAT THE  DDA DOES DDA DOES Grass Roots  Grass‐Roots Community Building • Recruit volunteers for jobs  big and small b d ll • Train & honor volunteers  p to make them partners  and vested in their  community • Engage non‐profits and Engage non profits and  build partnerships for  better business • Fundraise to leverage tax Fundraise to leverage tax  dollars
  • 27. IMPACT OF  THE DDA THE DDA • Over 40 volunteers = Community Driven   Programming to Meet Community Needs  Programming to Meet Community Needs Value of DDA services to the community is over  $747,000 per year.
  • 28. DDA REVENUE  BREAKDOWN Areas in Red    and No  Color  Color Generate  Levy Only Green Shaded Area Generates TIF and Levy G d
  • 29. DDA REVENUE  FUNDS FYE 2012 DDA REVENUE FYE 2012 DDA REVENUE 16% Local TIF l 3% County TIF 5% 1.3794 LEVY from TIF Area 61% 1.3794 LEVY from NON‐TIF  1 3794 LEVY from NON TIF 15% Area GRANTS, SPONSORSHIPS &  FEES
  • 30. WHAT IS TIF? • BONUS!! Oakland County &  TIF REVENUE Other Taxing Authorities  CITY COUNTY Invest Their Portion of  I Th i P i f Increased Tax Revenue In TIF  District.  22% – This Portion Would Otherwise  Leave The City.  • Equal to over @$100 000 Equal to over @$100,000  annually or more than $1  million in 10 years. 78%
  • 31. VALUE ADDED VALUE ADDED Strengthening a Core  St th i C • TIF Protects Taxpayers Area Benefits the  y • Enables a City to meet  City Master Plan goals  Entire Community &  E ti C it & and complete economic  Improves All Property  development initiatives  de elopment initiati es Values V l with additional  contributions from the  contributions from the County and DDA  that  would otherwise not be  available.  il bl