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Staff Presentation

City Council / Housing Authority
January 6, 2025

Document
Staff Presentation
Meeting
January 6, 2025
Body
City Council / Housing Authority
Original file
142 KB
Text extracted from the city's file for reading and search. Open the original on pomona.legistar1.com. That file is the official record.

Mills Act Year-in-Review
Attachment No. 2

2024
19 applications (9 in 2023)
August 2023 – Pomona Heritage Restoration Workshop
April 2024 – Mills Act Workshop
August 2024 – Pomona Heritage Restoration Workshop

High Volume of Applications / Cost to City
67 Contracts
Loss Tax Revenue:
$32,090 for 2024-25
$57,898.12 (Estimated) for 2025-26
Average of $864.15 per contract for 2025-26

0.11% of all Property Tax Revenue (2024-25 Budget)

Number of Mills Act Contracts in Pomona
2004-2021: 25

Number of Mills Act Contracts in Pomona
2004-2021: 25
2022-2024: 42
Total: 67
19 applications this year

High Volume of Applications / Cost to City
High Volume is unsustainable
50 Hours per application
950 hours this year
Processing Costs: $10,287 per contract
Average Fee: $500-600.

Commission Recommendations
Limit the number of applications
Change what we allow as part of the contract
No Interior Work
Focus more on restoration

Questions / Suggestions

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