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Cleveland-Shelf bark Annexation Area 12 <br />TABLE 1 <br />Summary Table -Estimated Fiscal Impact <br />Expenditures Capital Non-Capital Notes 5 -Year Total (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 />St reet Ma i ntenance $0 $3,657 $18,285 <br />Police $0 $992 $4,960 <br />Fire $0 $834 $4,170 <br />Neighborhood $0 $130 $650 Services <br />Approximate 5-Year Expenditures $28,065 <br />Revenues Notes Tota l (Est.) 5-Year Total <br />Year 1 $3 ,992 <br />Year2 $11,517 <br />Property Taxes Year3 $11,517 $50,060 (to City) <br />Year 4 $11,517 <br />Year 5 $11,517 <br />MVH/LRSA Estimated at revenue $1,674 $8,370 per mile of $27,893 <br />Approximate 5-Year Revenues $58,430 <br />Revenue estimate based on $208,000 net assessment and capped tax rate of 3 % of <br />$208,000 gross assessment in Year 1 and $600 ,000 net assessment and capped tax ra t e of <br />3 % of $600,000 gross assessment for all years follow i ng.