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DBI reports stronger-than-expected revenue; staff flags tenant-notice resolution and green code timing
Summary
DBI reported revenues running ahead of budget and projected about $9 million above budget for the year; staff also briefed the commission on recently effective displacement-notice resolution for parts of South of Market, progress on the mandatory retrofit program, and a potential gap in a green building code depending on state action.
Acting DBI Chief Financial Officer Scale Revels told the Building Inspection Commission on Dec. 18, 2013 that department revenue was running higher than expected, with collections at about 60% of charges for services with roughly 41% of the year elapsed. "I am expecting we're gonna come in about $9,000,000 over what we budgeted for the year," Scale Revels said, while noting expenses are below year-to-date…
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