HomeMy WebLinkAboutProperty ManagementProperty Management
Kristie Bollinger -Property Manager
Ryan Dunning -Property Analyst
Deborah Cook -Property Specialist
▪FY23-24 Proposed Budget Presentation
Budget Committee Meeting | May 22, 2023
Department Overview
•Property Management is a
Division of Administration
•Approx. 650 properties in
inventory
•Consists of:
•Asset
•Foreclosed
•Park Designated
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.
Department Accomplishments
•Acquired 0.10-acre property in downtown Bend core for potential future redevelopment
•Completed ‘Notice of Proposed Sale with Intent to Relocate Historic Structure’ for the AJ Tucker Building
•Completed Administrative Policy titled, Removal of Unsafe Encampments Location on County-owned Property
•Recruited and added a management analyst to Property Management
•Completed real property auction, resulting in the disposition of 10 properties with gross proceeds of $702,600
•Executed Purchase & Sale Agreement to disposition 7.12-acre “Simpson property” for the development of affordable housing
•Disposition of 8.32-acre “Cinder Pit property” to City of Redmond for the development of affordable housing
FY 23-24 Department Budget Details
•Charges for Services includes funds from tax foreclosed property sales
•Interfund Charges includes funds from Property Development & Debt Reserve fund
23-24 RESOURCES
FY 23-24 Department Budget Details
•8% increase in Personnel
Services partially due to new
management analyst
position
23-24 REQUIREMENTS
FY 23-24 Department Fiscal Issues
•Impacts from encampments•Encampments continuing to increase on County-owned properties, resulting in increased amounts of accumulated trash and debris
•Cost to complete organized encampment cleanups would be substantial
•Increased costs for goods and services
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
•Onboarding/training new management
analyst to provide added capacity in
Property Management
•Need to fill upcoming vacancy due to
staff retirement
•Continued increase of workload
demands within Property Management,
which includes complex project
management and competing priorities
•Encampments continuing to increase on
County-owned properties,
Challenges Future Initiatives
Thank you