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Deldora Annexation Area 12
<br />TABLE 1
<br />Summary Table - Estimated Fiscal Impact
<br />penditures
<br />Capital
<br />(Est.)
<br />Non - Capital
<br />Per Year (Est.)
<br />Notes
<br />5 -Year Total
<br />P
<br />$1,153
<br />$330,353
<br />Any at
<br />$1,153
<br />Construction
<br />$0
<br />Year 4
<br />petitioner's
<br />$0
<br />$178,083
<br />MVH LRSA
<br />Estimated at revenue
<br />per mile of $20,000
<br />cost
<br />$16,000
<br />Approximate 5 -Year Revenues
<br />$346,353
<br />Connection at
<br />Sewer Extension
<br />$0
<br />petitioner's
<br />$0
<br />expense
<br />Connection at
<br />Water Extension
<br />$0
<br />petitioner's
<br />$0
<br />expense
<br />Any additional
<br />Street Lights
<br />$0
<br />at petitioner's
<br />$0
<br />expense
<br />Street Maintenance
<br />$0
<br />$3,543
<br />$17,715
<br />Police
<br />$0
<br />$2,355
<br />$11,775
<br />Fire
<br />$0
<br />$3,090
<br />$15,450
<br />Code
<br />$0
<br />$60
<br />$180
<br />Approximate 5 -Year Expenditures
<br />$45,120
<br />Revenue estimate based on $55,700 net assessment and capped commercial tax rate of 3%
<br />of $55,700 gross assessment prior to development; $4,000,000 net assessment and
<br />average capped tax rate of 2.67% of $4,000,000 gross assessment, first taxable in Year 3;
<br />and $9,500,000 net assessment and average capped tax rate of 2.67% of $9,500,000 gross
<br />assessment, first taxable in Year 5.
<br />Notes
<br />TotaI(Est.)
<br />5 -Year Total
<br />7Taxes
<br />Year 1
<br />$1,153
<br />$330,353
<br />Year 2
<br />$1,153
<br />Year
<br />$74,982
<br />Year 4
<br />$74,982
<br />Year 5
<br />$178,083
<br />MVH LRSA
<br />Estimated at revenue
<br />per mile of $20,000
<br />$3,200
<br />$16,000
<br />Approximate 5 -Year Revenues
<br />$346,353
<br />Revenue estimate based on $55,700 net assessment and capped commercial tax rate of 3%
<br />of $55,700 gross assessment prior to development; $4,000,000 net assessment and
<br />average capped tax rate of 2.67% of $4,000,000 gross assessment, first taxable in Year 3;
<br />and $9,500,000 net assessment and average capped tax rate of 2.67% of $9,500,000 gross
<br />assessment, first taxable in Year 5.
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