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Douglas South Annexation Area 11 <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 -Year Total <br />Street Construction <br />$0 <br />$24,567 <br />Year 2 <br />$0 <br />Sewer Extension <br />$0 <br />Year 4 <br />Connection at <br />petitioner's <br />expense <br />$0 <br />Water Extension <br />$0 <br />Estimated at revenue <br />per mile of $11,707 <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 />$722 <br />$3,610 <br />Fire <br />$0 <br />$571 <br />$2,855 <br />Code <br />$0 <br />$46 <br />$230 <br />Approximate 5 -Year Expenditures <br />$6,695 <br />Revenues <br />Notes <br />Total (Est.) <br />5 -Year Total <br />Property Taxes <br />(to City) <br />Year 1 <br />$747 <br />$24,567 <br />Year 2 <br />$5,955 <br />Year 3 <br />$5,955 <br />Year 4 <br />$5,955 <br />Year 5 <br />$5,955 <br />MVH /LRSA <br />Estimated at revenue <br />per mile of $11,707 <br />$0 <br />$0 <br />Approximate 5 -Year Revenues <br />$24,567 <br />Revenue estimate based on $43,900 net assessment and capped commercial tax rate of 3% <br />of $43,900 gross assessment prior to development, and $350,000 net assessment and capped <br />commercial tax rate of 3% of $350,000 gross assessment after development, first taxable in <br />Year 2. <br />