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Fiscal Plan for Omar M. Abuhilal Annexation Area in German Township
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Fiscal Plan for Omar M. Abuhilal Annexation Area in German Township
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Last modified
11/20/2014 2:07:55 PM
Creation date
11/20/2014 10:30:18 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
1/12/2004
Ord-Res Number
3282-04
Bill Number
04-04
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Annexation Area <br />Summary Table - 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 <br />Water Extension <br />$0.00 <br />n/a <br />$0 <br />Street Lights <br />$0.00 <br />$0 <br />Police <br />$0.00 <br />$138.00 <br />$690 <br />Fire <br />$0.00 <br />$99.00 <br />$495 <br />Code <br />$0.00 <br />$16.00 <br />$80 <br />Street Maintenance <br />$0.00 <br />$100.00 <br />$500 <br />Street Lights <br />$0.00 <br />$0.00 <br />$0 <br />Street Construction <br />$0.00 <br />$0 <br />Total <br />$1,765 <br />Revenues <br />Tax Year <br />@ <br />Property Taxes <br />unincorporated (est.) = <br />02103 <br />$610.00 <br />(year 1) <br />03/04 <br />$610 <br />(year 2) <br />04/05 <br />$610 <br />(year 3) <br />05/06 <br />$1,000 <br />(year 4) <br />06/07 <br />$1,000 <br />(year 5) <br />07/08 <br />$1,000 <br />Note: All Revenues estimated <br />MVH/LRSA <br />estimated from 2000 revenue /mile <br />@$12,618 <br />x 5 years <br />$1,262 <br />Total <br />$5,482 <br />Estimated full net assessment: $50,000 <br />Estimated tax income per year after full development potential is reached: $1000 <br />
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