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Old National Annexation Area 13 <br /> TABLE 1 <br /> Summary Table - Estimated Fiscal Impact <br /> Expenditures Capital Non-Capital Notes 5-Year Total <br /> (Est.) Per Year (Est.) <br /> Street Construction $0 $0 <br /> Connection at <br /> Sewer Extension $0 petitioner's $0 <br /> expense <br /> Connection at <br /> Water Extension $0 petitioner's $0 <br /> expense <br /> Street Lights $0 $0 <br /> Street Maintenance $0 $0 $0 <br /> Police $0 $794 $3,970 <br /> Fire $0 $718 $3,590 <br /> Code $0 $78 $390 <br /> Approximate 5-Year Expenditures $7,950 <br /> Revenues Notes Total (Est.) 5-Year Total <br /> Year 1 $4,762 <br /> Year 2 $4,762 <br /> Property Taxes Year 3 $5,756 $26,792 <br /> (to City) <br /> Year 4 $5,756 <br /> Year 5 $5,756 <br /> Estimated at revenue <br /> MVH/LRSA $0 $0 <br /> per mile of$22,520 <br /> Approximate 5-Year Revenues $26,792 <br /> Revenue estimate based on $227,500 net assessment and capped tax rate of 3% of <br /> $227,500 gross assessment in Years 1 and 2; and $275,000 net assessment and capped <br /> tax rate of 3% of$275,000 gross assessment, first taxable in Year 3. <br />