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Fiscal Plan for Hidden Creek LLC, Annexation Area in Centre Township
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Fiscal Plan for Hidden Creek LLC, Annexation Area in Centre Township
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Last modified
11/18/2014 11:21:42 AM
Creation date
11/18/2014 9:30:06 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
7/26/2004
Ord-Res Number
3358-04
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Hidden Creep LLCAnnexation Area <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 />$0 <br />Water Extension <br />$35,000.00 <br />1 <br />$35,000.00 <br />Street Lights <br />$0.00 <br />$0 <br />Police <br />$0.00 <br />$10,555 <br />5 <br />$52,775.00 <br />Fire <br />$0.00 <br />$7,490 <br />5 <br />$37,450.00 <br />Code <br />$0.00 <br />$202 <br />5 <br />$1010.00 <br />Street Maintenance <br />$0.00 <br />$2,156 <br />5 <br />$10,780.00 <br />Street Construction <br />1 $0.00 <br />1 <br />1 $0 <br />Approximate 5 -Year Cost <br />$137,015.00 <br />Revenues <br />Tax Year <br />@ <br />Property Taxes <br />unincorporated (est.) = <br />03104 <br />$113.00 <br />(year 1) <br />04/05 <br />$88 <br />(year 2) <br />05/06 <br />$7,700 <br />(year 3) <br />06/07 <br />$15,500 <br />(year 4) <br />07/08 <br />$46,700 <br />(year 5) <br />08/09 <br />$93,400 <br />Note: All Revenues estimated <br />MVH/LRSA <br />estimated from 2001 revenue/mile <br />@$11,340 <br />x 5 years <br />$33,113 <br />Total <br />$204,779.00 <br />Estimated full net assessment: $7,810,000.00 <br />Estimated tax income per year after full development potential is reached: $110,000.00 <br />10 <br />
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