Finance – �鶹��Ƶ

Financial Analysis for Penns Valley Conservation Association

Ada Inman — Fri, 25 Jul 2025 20:18:58 +0000

The Penns Valley Conservation Association (PVCA) serves as a steward for the natural and cultural communities in the Upper Penns Creek watershed, seeking to preserve and honor the agricultural roots of Penns Valley by protecting and conserving its waters, farmlands, forests and rural heritage. To this end, it provides education and community engagement opportunities, applies for grants and conducts hands-on watershed stewardship activities, including riparian buffer repairs, rain gardens, etc. This project focuses on the financial management and reporting to ensure the board and the organization’s leadership have a good understanding of the organization’s fiscal health. In this project, the students reviewed PVCA financial practices and provide recommendations that improve practices and financial communications between staff and board members to enhance the capacity of the PVCA Board of Directors to act with maximum fiduciary responsibility.

Sustainable Communities Collaborative Contact Info
University Faculty Contact
Jason Lunn
Associate Clinical Professor of Finance
jjl29@psu.edu

Facilitators’ guide to developing a personal budget

Victor Manzanilla — Wed, 01 Nov 2023 03:40:09 +0000

The class created a standard budget sheet to be used in accumulation with educators so that community members can create effective monthly budget plans. This helps understand expenses on the household level and shows the county where they can make improvements to policies to better suit the needs of community members. UniverCity Year Contact Info [...]

Property Management Plan

Victor Manzanilla — Wed, 01 Nov 2023 03:38:58 +0000

The market analyses, property valuations, and property profiles contained in this report were created through the partnership between National City and the SDSU Sage Project during the spring of 2014. Ten undergraduate students from various academic disciplines participated in a special study course, led by professors Dana Kuhn and Seth Kaplowitz, designed to provide students with an introduction to valuation theory via the develop-ment of National City’s Long-Range Property Management Plan (LRPMP).

California’s 400 plus redevelopment agencies were officially dissolved as of February 1, 2012, after approval from the legislature as part of the 2011 Budget Act. Real properties that were owned by the redevelopment agencies were then transferred to successor agencies to manage redevelopment projects currently underway, make payments on enforceable obligations, and dispose of redevelopment assets and properties. Health and Safety Code 34191.5 requires successor agencies to prepare and submit a LRPMP, which outlines the disposition and use of the real properties of the former redevelop-ment agency.

The LRPMP has two main components. The first is an extensive inventory of all proper-ties, includes parcel data, a history of acquisition, current leases, environmental studies and contamination, an analysis of transit oriented development potential, and any previous development proposals. The second component addresses the current use of the prop-erty and the disposition of the property, as well as identifying how the disposition of the property supports the advancement of the planning objectives of the successor agency.

National City’s successor agency is currently responsible for 15 sites with a total of 32 parcels, each of which must be analyzed in a report for the California Department of Finance. The students were responsible for analyzing documents provided by National City, compile the information gathered and prepare a draft of National City’s LRPMP. The students were divided into three groups of three, with one student acting as Project Manager and analyzing a single parcel. The 16 sites were then divided amongst the three groups with one group focusing on the downtown area, another on the Bay Marina/ Harbor District and the final group on outlying properties.

One aspect of the LRPMP, an estimate of current value, required the students in the special study course to learn about valuation theory and perform a valuation analysis on each property. Before completing the valuation analyses the students were first required to study the real estate market in National City for a variety of uses, such as commercial/retail, residential, industrial, and hospitality. The market analyses enabled the groups to determine the highest and best use for each property, which directed the students in the method of valuation analysis.

After conducting the market analyses and determining the proposed highest and best use, students met with Trevor Hubbard, an appraiser with Jones, Roach & Caringella, Inc. Trevor reviewed the comparable sales and proposed highest and best uses the stu-dents provided and provided constructive criticisms, suggestions and directions regard-ing the process an appraiser would use to determine the value of commercial property. Each group then completed a sales comparison table, worked the comparable properties in an adjustment grid and, finally, wrote a valuation analysis that described the valuation process and issued an estimated value of each parcel.

The end result is a thorough and complete analysis of 15 sites that provides National City with the required components of a LRPMP. The LRPMP components are made available to the city in electronic format, which allows for any desired editing before being present-ed to the City Council and subsequently submitted to the Department of Finance. Lastly, city officials are now better equipped to make planning decisions by having access to current estimates of value and analyses of the highest and best use for these assets.

The Sage Project Contact Info
Kristofer Patron
Program Administrator
kpatron@sdsu.edu
(619) 594-0103

University Faculty Contact
Seth Kaplowitz
Finance

Local Government / Community Contact

Community Development

Lemon Grove Redevelopment

Victor Manzanilla — Wed, 01 Nov 2023 03:38:57 +0000

The redevelopment ideas summarized in this report were produced by students at San Diego State University in collaboration with the City of Lemon Grove. Students enrolled in the Finance 437, taught by Professor Dana Kuhn, created development plans for both industrial and mixed-use parcels of land in Lemon Grove. The industrial parcel is located near the Martin Luther King Jr. Freeway on the north side of North Avenue between Alli-son Lane and Olive Street. The mixed-use parcel is located on the south side of Broad-way between Main Street and Olive Street.

Adhering to the city’s General Plan and zoning regulations, proposals were created that included a site plan, elevations, rent comps, vacancy rates, and loan terms. By research-ing and observing the City of Lemon Grove, we detected which markets were currently being underserved and discovered ways to serve them. This resulted in profitable and appropriate redevelopment proposals that meet the current and future demands of the City of Lemon Grove.

Focus groups were formed to create practical, immediate-use space that could easily be sold or leased after construction. After studying the market, the final ideas proposed by these groups were an industrial warehouse, a self-storage facility, a service station with a convenient store and car wash, and a mixed-use development. The industrial ware-house is a versatile building that would be an attractive space to many potential tenants. Self-storage facilities and service stations are always in demand and are particularly successful when located near freeways. Lastly, mixed-use developments create a live, work, play environment that emphasizes a pedestrian-friendly, transit-oriented atmo-sphere, which is highly demanded in today’s urban society. All four proposals address markets that are currently underserved in the Lemon Grove area in order to ensure the creation of relevant and feasible plans that the City of Lemon Grove could consider when developing ways to make beneficial changes to the current built environment.

The Sage Project Contact Info
Kristofer Patron
Program Administrator
kpatron@sdsu.edu
(619) 594-0103

University Faculty Contact
Dana Kuhn
Finance

Local Government / Community Contact