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Economic Conditions (cont.) <br />•San Leandro overall property assessed values <br />increasing 5% <br />•Home Foreclosure rates for 2012 (Zillow.com): <br />–San Leandro decreased to 99 from a high of 250/year in 2008 <br />–Alameda County decreased to 2,073 from a high of 4,604/year in <br />2008 <br />•Unemployment rates for December 2012 (EDD): <br />–San Leandro = 8.1% <br />–Alameda County = 8.2% <br />•Compensation increasing in 2014 by 3% and 2015 <br />increasing by 6.5% <br />•Labor negotiations <br /> <br />7