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8.A. - Page 84
<br /> Construction Activity
<br /> Provided below are the building permits and valuations for the City and the County for calendar
<br /> years 2009 through 2013.
<br /> CITY OF REDWOOD CITY
<br /> Total Building Permit Valuations
<br /> (Valuations in Thousands)
<br /> 2009 2010 2011 2012 2013
<br /> Permit Valuation
<br /> New Single-family $9,249.1 $10,002.2 $9,184.6 $35,516.6 $3,399.2
<br /> New Multi-family 14,135.0 3,359.4 13,095.0 103,125.5 57,869.1
<br /> Res.Alterations/Additions 17,739.0 19,047.3 22,504.6 10,362.7 28,261.3
<br /> Total Residential 41,123.2 32,408.9 44,784.2 149,004.9 89,529.8
<br /> New Commercial - - 135.0 2,650.5 5,531.0
<br /> New Industrial 5,000.0 - - 382.0 619.2
<br /> New Other 2,081.0 1,015.1 - 16,037.5 111,295.1
<br /> Com.Alterations/Additions 26,760.1 30,631.3 49,043.7 437.7 47,256.6
<br /> Total Nonresidential 33,841.1 31,646.3 49,178.7 19,507.8 164,701.9
<br /> New Dwelling Units
<br /> Single Family 40 46 41 60 8
<br /> Multiple Family 105 16 70 297 395
<br /> TOTAL 145 62 111 357 403
<br /> Source:Construction Industry Research Board,Building Permit Summary.
<br /> SAN MATEO COUNTY
<br /> Total Building Permit Valuations
<br /> (Valuations in Thousands)
<br /> 2009 2010 2011 2012 2013
<br /> Permit Valuation
<br /> New Single-family $147,515.5 $189,296.6 $194,950.1 $245,163.9 292,893.3
<br /> New Multi-family 74,329.6 21,309.0 107,040.0 171,390.4 151,019.5
<br /> Res.Alterations/Additions 204,482.0 262,592.1 289,619.5 201,543.0 299,830.5
<br /> Total Residential 426,327.0 473,197.6 591,609.6 618,097.4 743,743.4
<br /> New Commercial 17,942.0 62,510.5 28,247.6 30,592.1 71,918.6
<br /> New Industrial 5,000.0 - 3,359.4 2,021.5 15,724.2
<br /> New Other 70,410.1 66,274.8 26,029.4 167,438.8 887,298.0
<br /> Corn.Alterations/Additions 235,373.3 283,752.5 244,089.0 44,002.0 263,460.7
<br /> Total Nonresidential 328,725.5 412,537.8 301,725.4 244,054.5 1,238,401.5
<br /> New Dwelling Units
<br /> Single Family 236 216 213 264 350
<br /> Multiple Family 393 111 545 671 840
<br /> TOTAL 629 327 758 935 1,190
<br /> Source: Construction Industry Research Board:"Building Permit Summary."
<br /> Note: Totals may not add due to independent rounding.
<br /> Effective Buying Income
<br /> "Effective Buying Income" is defined as personal income less personal tax and nontax payments,
<br /> a number often referred to as "disposable" or "after-tax" income. Personal income is the aggregate of
<br /> wages and salaries,other labor-related income(such as employer contributions to private pension funds),
<br /> proprietor's income, rental income (which includes imputed rental income of owner-occupants of non-
<br /> farm dwellings), dividends paid by corporations,interest income from all sources, and transfer payments
<br /> (such as pensions and welfare assistance). Deducted from this total are personal taxes (federal, state and
<br /> Appendix A
<br /> Page 10
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