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LT Leasco, LLC Annexation Area 11 <br />Wry 1:11 <br />Summary Table — Estimated Fiscal Impact <br />Expenditures <br />Capital (est.) <br />Non - Capital <br />Per Year (est.) <br />5 -Year <br />Sewer Facilities <br />$0.00 <br />$ 0 <br />Water Facilities <br />$0.00 <br />$ 0 <br />Street Lights <br />$0.00 <br />$ 0 <br />Police <br />$0.00 <br />1 $298 <br />1 $1490.00 <br />Fire <br />$0.00 <br />$211 <br />$1055.00 <br />Code <br />$0.00 <br />$29 <br />$145.00 <br />Street Maintenance <br />$0.00 <br />$87 <br />$435.00 <br />Street Construction <br />$0.00 <br />$0 <br />$ 0 <br />Approximate 5 -Year Expenditures <br />$3,125 <br />Revenues <br />Tax Year <br />@ <br />Property Taxes /year <br />Unincorporated parcels only <br />03104 <br />$69.4 <br />(year 1; 2006) <br />04/05 <br />$1,530 <br />(year 2; 2007) <br />05/06 <br />$1,530 <br />(year 3; 2008) <br />06/07 <br />$3,070 <br />(year 4; 2009) <br />07/08 <br />$3,070 <br />(year 5; 2010) <br />08/09 <br />$3,070 <br />Note: <br />All Revenues estimated & are City portion <br />of total tax rate, and do not include <br />Homestead & other Assessments <br />0 <br />MVH/LRSA <br />estimated from 2002 revenue/mile <br />@$11,340 <br />x 5 years <br />$1,134.00 <br />Approximate 5 -Year Revenues <br />Total <br />$13,404 <br />Projected full net assessment: $186,000 (based on comparable property found in SB - Portage <br />Township). <br />Estimated tax income (City portion) per year after full development potential is reached: $3,068. <br />