BURA Metrics

Measuring Performance


Performance measurements (metrics) allow BURA to assess if it is accomplishing its goals and objectives and to convey to residents and other community stakeholders the progress it is making on an annual basis.
 
Metrics put goals in perspective. The results received from metrics can provide insight and valuable feedback in assessing the goals and objectives that we have established. Ultimately, a city cannot manage what it cannot measure.

 Metrics provide BURA with the data necessary to assess and re-assess programs, projects and overall investments.

 They provide a baseline of performance, which can be used to quantify and assess changes in results over time. Furthermore, metrics highlight opportunities for investment and process improvements.

In February 2016, the BURA Board approved the adoption of twelve (12) overarching metrics to evaluate the annual performance of the Beaverton Urban Redevelopment Agency.
Metrics are embedded throughout this report. This section discusses the metrics BURA has adopted and measures each metric’s performance in FY2015-16.
 

FY2014-15 Baseline

 
District-Wide Measurements In URA Annual Growth
(In URA)
Annual Growth
(Outside URA)
Outside URA
Growth In Assessed Value $833,269,953 $33,116,651 $337,004,040 $7,849,665,202
Total Housing Units 1,815 0 216 37,419
Total Affordable, Regulated Housing Units 34 0 0 594
Square Footage of Mixed-Use Commercial Space 46,023 0 0 19,250
Total Eating and Drinking Establishments 115 9 14 143
Private Investment in Existing Eating and Drinking Establishments n/a $975,625 $1,280,300 n/a
Acres of Surface Parking 420.2 0 n/a n/a
Total Public/Private Vertical Parking Spaces 399 0 0 1,674
Total Multi-Story Buildings 217 4 n/a n/a
$ of Private/ Outside Funds Invested n/a $9,546,778 $107,280,394 n/a
Commercial Rent Rates n/a n/a n/a n/a

FY2015-2016

District-Wide Measurements In URA Annual Growth
(In URA)
Annual Growth
(Outside URA)
Outside URA
Growth In Assessed Value $884,701,194 $51,431,241 $305,585,152 $8,155,250,354
Total Housing Units 1,932 117 147 37,566
Total Affordable, Regulated Housing Units 81 47 0 594
Square Footage of Mixed-Use Commercial Space 46,023 0 0 19,250
Total Eating and Drinking Establishments 126 11 24 167
Private Investment in Existing Eating and Drinking Establishments n/a $1,037,085 $1,707,071 n/a
Acres of Surface Parking 420.2 0 n/a n/a
Total Public/Private Vertical Parking Spaces 399 0 0 1,674
Total Multi-Story Buildings 222 5 n/a n/a
$ of Private/ Outside Funds Invested n/a $23,704,919 $70,881,778 n/a
Commercial Rent Rates $18.04 n/a n/a $18.30