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Community Development director cites revenue drop from fewer Sun Valley Company projects

Mayor and City Council of Sun Valley · August 1, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Community Development Director Ternet told the council that FY18 estimated revenue is lower than FY17 because several large Sun Valley Company projects in FY17 did not recur in FY18, reducing permitting and development revenues.

Community Development Director Ternet presented proposed changes to the department’s FY19 budget and explained differences in revenue estimates. Council President Keith Saks asked why FY18 estimated revenue was expected to be less than FY17; Ternet attributed the drop to several large Sun Valley Company projects in FY17 that were not repeated in FY18, reducing one-time development revenue.

The exchange clarified that cyclical large private projects can create year-to-year swings in the city’s development-related revenue stream. No specific dollar totals for the revenue decline were given in the transcript.

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