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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 $848 $4,240 <br /> Fire $0 $768 $3,840 <br /> Code $0 $124 $620 <br /> Approximate 5-Year Expenditures $8,700 <br /> Revenues Notes Total (Est.) 5-Year Total <br /> Year 1 $5,964 <br /> Year 2 $5,964 <br /> Property Taxes Year 3 $6,774 $32,250 <br /> (to City) <br /> Year 4 $6,774 <br /> Year 5 $6,774 <br /> MVH/LRSA Estimated at revenue $0 $0 <br /> per mile of$22,520 <br /> Approximate 5-Year Revenues $32,250 <br /> Revenue estimate based on $286,100 net assessment and capped tax rate of 3% of <br /> $286,100 gross assessment in Years 1 and 2; and $325,000 net assessment and capped <br /> tax rate of 3% of$325,000 gross assessment, first taxable in Year 3. <br />