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Baney Annexation Area 13 <br />TABLE 1 <br />Summary Table - Estimated Fiscal Impact <br />Expenditures <br />Capital <br />(Est.) <br />Non -Capital <br />Per Year (Est.) <br />Notes <br />5-Yea r Total <br />Street Construction <br />$0 <br />$0 <br />Sewer Extension <br />$0 <br />Connection at <br />petitioner's <br />expense <br />$0 <br />Water Extension <br />$0 <br />Connection at <br />petitioner's <br />expense <br />$0 <br />Street Lights <br />$0 <br />$0 <br />Street Maintenance <br />$0 <br />$0 <br />$0 <br />Police <br />$0 <br />$794 <br />$3,970 <br />Fire <br />$0 <br />$7.18 <br />$3,590 <br />Code <br />$0 <br />$78 <br />$390 <br />Approximate 5-Year Expenditures <br />$7,950 <br />Revenues <br />Notes <br />Total (Est.) <br />5-Year Total <br />Property Taxes <br />(to City) <br />Year 1 <br />$685 <br />$89,955 <br />Year 2 <br />$535 <br />Year 3 <br />$535 <br />Year 4 <br />$44,100 <br />Year 5 <br />$44,100 <br />MVH/LRSA <br />Estimated at revenue <br />per mile of $22,520 <br />$0 <br />$0 <br />Approximate 5-Year Revenues <br />$89,955 <br />Revenue estimate based on $25,500 net assessment and capped tax rate of 1% of <br />$101,600 gross assessment in Year 1; $20,300 net assessment and capped tax rate of 3% <br />of $20,300 gross assessment in Years 2 and 3; and $2,100,000 net assessment and capped <br />tax rate of 3% of $2,100,000 gross assessment, first taxable in Year 4. <br />