Laserfiche WebLink
Deldora Annexation Area 12 <br />TABLE 1 <br />Summary Table - Estimated Fiscal Impact <br />Expenditures <br />Capital <br />Non - Capital <br />Notes <br />5 -Year Total <br />Year 1 <br />(Est.) <br />Per Year (Est.) <br />Year 2 <br />$1,153 <br />Year <br />$74,982 <br />Year 4 <br />Any at <br />Year 5 <br />Street Construction <br />$0 <br />Estimated at revenue <br />per mile of $20,000 <br />petitioner's <br />$0 <br />Approximate 5 -Year Revenues <br />$346,353 <br />cost <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 />Revenues <br />Notes <br />Total (Est.) <br />5 -Year Total <br />Property Taxes <br />(to City) <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. <br />