HomeMy WebLinkAboutProperty ManagementProperty Management
▪FY24-25 Proposed Budget Presentation
Budget Committee Meeting | May 21, 2024
Department Overview
Mission: Cost effectively
manage the County’s real estate
portfolio, advise the Board of
County Commissioners of
property acquisition and
disposition opportunities, and
provide quality customer
service to those we serve.
Property Management is a
Division of Administration
Inventory consists of
approximately 630 properties,
•Asset
•Foreclosed
•Park Designated
+/- 40 Leases and Licenses
Acquisitions, dispositions,
easements, etc.
Property Management Accomplishments
•Completed two MOU amendments with
Bend Heroes Foundation and Central
Oregon Veterans Outreach to
memorialized additional funds for the
development of 7 additional shelter units
at Veterans Village
•Completed internal review of lease
processes and procedures and
streamlined where possible
•Recruited for Property Specialist position
due to staff retirement
•Initiated and completed several
transactions to support affordable
housing and economic growth, including:
•7.12-acres Simpson property
•5.02-acres Newberry Neighborhood
•3.27-acres Drafter Road
•0.21-acres La Pine Industrial
•2.95-acres La Pine Industrial (in process)
•39.31-acres Northpoint Vista (in process)
•67 NW Greenwood (in process)
FY 24-25 Property Management Budget Details
•Interfund Charges includes funds from Property Development & Debt Reserve fund
24-25 RESOURCES
Fund 001-25 Property Management
FY 24-25 Property Management Budget Details
•10% increase to ISFs
•6% increase to personnel
costs – overlap in retirement
and new hire
24-25 REQUIREMENTS
Fund 001-25 Property Management
FY 24-25 Project Development Budget Details
Fund 090 Project Development & Debt Reserve
FY 24-25 Property Management Fiscal Issues
•Impacts from encampments•Encampments continuing to
increase on County-owned
property and the costs
associated with accumulated
trash, debris and other
challenges
•Increased costs for goods and
services
•Impacts resulting from House Bill
4056
Short-term Fiscal Issues Long-term Fiscal Issues
Current Challenges and Future Initiatives
•Implement real estate portfolio
management system
•Explore the opportunity and feasibility
to implement a real estate asset
management plan
•Ongoing participation with DOR and
AOC to develop new processes and
procedures as a result of House Bill
4056
•Continued increase of workload
demands within Property Management,
which includes complex project
management and competing priorities
•Continue training new staff
•Encampments continuing to increase on
County-owned properties
•Outcome of House Bill 4056
Challenges Future Initiatives
Thank you