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Attachment A Rental Housing Code Staff Report – April 18, 2012 The fees collected to administer the code are accounted for in a Special Revenue Fund which allows the program revenues to stay within the fund and excess revenue remains in a reserve. The reserve is tracked and rolled forward annually toward the following year’s budget. If the program is extended, the fee will be reduced to draw down more intentionally the reserve rather than allowing the inflationary costs to slowly outpace revenue. Further analysis is necessary before the September 2012 billing cycle to determine the precise reduction in the fee. The goal is be to draw down the fund to approach a two month operating reserve. That two- month target is currently about $53,000. Rental Housing Codes vary around the state but for some context, the chart below provides a sample of jurisdictions with programs and their fees. With the exception of Corvallis, each community has a distinct scope so a direct comparison may be misleading. Jurisdiction Type of Code Unit Fee Beaverton Rental housing code $50, plus $1.25 for each add’l unit over 40. Corvallis Rental housing code $11, to increase annually to $15 by 2015. Eugene Rental housing code $10 with possible reduction Gresham Rental housing code $35 to $50 depending on number of units. Medford Rental housing code $40, plus $1 for each additional unit over 1. Portland Rental housing business lic. Business license fee for more than 10 units. Salem Property maintenance code $14 for more than 3 units. Springfield Property maintenance $10.50 per unit code/Business License Appendix A – City Survey Details & Comments Appendix B – Memo with recommendations from J. Norton Cabell, Chair of the committee of the Housing Policy Board 14 | Page