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Fiscal Plan for Jim & Donna Gregar/Arthur & Nancy Beall Annexation Area in German Township
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Fiscal Plan for Jim & Donna Gregar/Arthur & Nancy Beall Annexation Area in German Township
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Last modified
11/17/2014 4:37:33 PM
Creation date
11/14/2014 8:55:09 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
1/10/2005
Ord-Res Number
3406-05
Bill Number
04-132
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Gregor I Beall Annexation Area 10 <br />Summary Table — Estimated Fiscal Impact <br />Expenditures <br />Capital (est.) <br />Non - Capital <br />Per Year (est.) <br />5 -Year <br />Sewer Extension <br />$0.00 <br />n/a <br />$0.00 <br />Water Extension <br />$0.00 <br />n/a <br />$0.00 <br />Street Lights <br />$0.00 <br />n/a <br />$0.00 <br />Police <br />$0.00 <br />1 $208 <br />1 $1040.00 <br />Fire <br />$0.00 <br />$421 <br />$2105.00 <br />Code <br />$0.00 <br />$57 <br />$285.00 <br />Street Maintenance <br />$0.00 <br />$0.00 <br />$0.00 <br />0 <br />Street Construction <br />$0.00 <br />$0.00 <br />Approximate 5 -Year Cost <br />$3430.00 <br />Revenues <br />Tax Year <br />@ <br />Property Taxes <br />unincorporated <br />03104 <br />$3,849.00 <br />(year 1) <br />03/04 <br />$2798 <br />(year 2) <br />04/05 <br />$1390 <br />(year 3); demolition <br />05106 <br />$380 <br />(year 4) <br />06/07 <br />$380 <br />(year 5) <br />07/08 <br />$380 <br />Note: All Revenues estimated <br />0 <br />MVH/LRSA <br />estimated from 2002 revenue /mile <br />@$11,340 . <br />x 5 years <br />$0.0 <br />0 <br />Total <br />$2530.00 <br />Estimated full net assessment: $28,200 (in five years; undeveloped) <br />Estimated tax income per year after full development potential is reached: 5380 (in five years; <br />undeveloped) <br />
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