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DBI reports year‑over‑year revenue drop; permit valuations down about 60%
Building Inspection Commission, San Francisco City · November 18, 2020
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Summary
Deputy Director Tyrus Madison told commissioners that revenues for July–October fell from about $25.7 million last year to $13.2 million this year, with permit valuations and the number of large projects notably reduced.
Deputy Director Tyrus Madison presented the October 2020 monthly financial report for the Department of Building Inspection, covering revenues and expenditures for July through October. He said DBI is projecting a surplus under conservative assumptions but that year‑over‑year revenues show a marked decline. "Last year we…
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