[MainstreetTowns] February Reinvestment Report

[Jeremy Zeller]

The on-time rate for January was 85.2%.  The Main Street Program that did not submit a report was Sapulpa.

Remember, submitting your reinvestment reports on time gets you 5 quality assurance points and missing three in a row gets you suspension from services until a reinvestment report is submitted.

The reason why there is a negative for this month is because last month a reinvestment figure was reported.  After last month's report went out publicly, the person felt that they were reporting a figure without a guaranteed confirmation.  When they receive the confirmation, it will be increased again more than likely around the amount that we have lost for this month.



Milestones this Month:  NONE


2018 Reinvestment Report Summary
For the Month of February

Reinvestment Summary

Cumulative

Current

2018



Total

Month

Y-T-D

Private Sector Reinvestment

$1,275,616,153

-$3,137,865

  $6,143,197

Public Improvement Projects

$408,905,260

$20,900

  $98,414

     Total Reinvestment Spending

        $1,684,521,413

-$3,116,965

  $6,241,611









Number of Active Programs



27

Number of Associate Programs



2



Number of Aspiring Communities



14



Number of Outreach Activities



2

7








 # of Façade Rehabilitations

4,890

9

15

 # of Other Building Projects & New Constr.

9,016

15

24

 # of Buildings Sold

3,238

7

11









Net Gain:







   Business Openings, Relocations & Expansions

5,443

11

17

   Jobs

18,659

48

78









Volunteer Hours (since 2002)

1,431,718

3,850

6478


The summary report is attached.



Jeremy Zeller
Economic Development Specialist/Main Street

Oklahoma Department of Commerce
900 N. Stiles Ave.
Oklahoma City, OK 73104-3234

Phone: (405) 815-5186

E-mail: jeremy.zeller at commerce.ok.gov<mailto:jeremy.zeller at commerce.ok.gov>


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