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page 3. <br />14. Recapitulation of Revenue to be Generated by Annexation <br />The <br />current city tax rate is $5.04. <br />Future rates are to be lower but <br />w H <br />augmented <br />by receipts from the State <br />to generate revenues equivalent <br />vW, <br />° <br />o <br />to <br />the $5.04 rate; therefore: <br />CO <br />�a <br />a n� <br />a. <br />State per capita distribution <br />z <br />a <br />w mN <br />W IXD <br />- <br />E� <br />M N <br />$21.06 x 10,830 people <br />$ 228,079.00 <br />W <br />H tH <br />w <br />W <br />CO <br />w • (Y) <br />b. <br />Municipal Taxes <br />oa <br />o a4 <br />a00 <br />$18,368,822 x $5.04 <br />WAN <br />H <br />$ 0� 0 -DO <br />$ 925,789.00 <br />a d w <br />C. <br />Revenue Sharing <br />W <br />cop. q <br />Haz0 <br />164,318.00 <br />w <br />z o x x <br />¢HEvoo <br />d. <br />Total <br />$1,318,186.00 <br />- — <br />- <br />The following is a list of the services rendered to the public by the City and <br />the estimated costs of furnishing these services to the proposed annexation <br />area. <br />1. Police Protection <br />The current ratio of policemen per 1,000 citizens is 1.84. Based <br />on providing the same level of service to the proposed area based <br />on a population of 10,830 would require 20 additional policemen, <br />at a cost of $14,000. per officer including equipment, the annual <br />cost would be $280,000. <br />2. Fire Protection <br />To provide the same level of fire protection to the proposed area <br />would require 2 engine pumpers @ $60,000 each, 1 ladder truck <br />@ $110,000, 2 mini - pumper trucks @ $15,000 each and 1 tanker truck <br />@ $25,000. To man this equipment would require annual operating <br />costs of $340,000.00. To house this equipment would require the <br />acquisition and /or construction of 2 fire stations at an aggregate <br />estimated cost of $400,000.00. It is proposed that the equipment <br />would be amortized over a 10 year period at 5% interest for an <br />annual cost of $36,909. It is proposed that the fire stations would <br />be amortized over a 25 year period at 5% interest for an annual cost <br />of $28,831. The total annual cost would then be $405,290. <br />3. Streets and Traffic <br />The Bureau of Streets anc Bureau of Traffic will assume the mainte- <br />nance of all existing city streets in the proposed area at a cost <br />of $4,041 per mile. On.the basis of 72 miles of streets, the cost <br />will be: $290,952. <br />