My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Adopting Fiscal Plan to an Annexation Area in Portage Township Mayflower-Western
sbend
>
Public
>
Common Council
>
Legislation
>
Resolutions/Special Resolutions
>
2015
>
Adopting Fiscal Plan to an Annexation Area in Portage Township Mayflower-Western
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/6/2015 3:55:14 PM
Creation date
10/6/2015 3:55:07 PM
Metadata
Fields
Template:
City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
9/28/2015
Ord-Res Number
4497-15
Bill Number
15-85
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
22
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
Mayflower-Western Annexation Area 13 <br /> TABLE 1 <br /> Summary Table - Estimated Fiscal Impact <br /> Expenditures Capital Non Capital Notes 5-Year Total <br /> (Est.) Per Year (Est.) <br /> Street Construction $0 $0 <br /> Connection at <br /> Sewer Extension $0 petitioner's $0 <br /> expense <br /> Connection at <br /> Water Extension $0 petitioner's $0 <br /> expense <br /> Street Lights $5,000 $5,000 <br /> Street Maintenance $0 $3,367 $16,835 <br /> Police $0 $8,734 $43,670 <br /> Fire $0 $8,162 $40,810 <br /> Code $0 $495 $2,475 <br /> Approximate 5-Year Expenditures $108,790 <br /> Revenues Notes Total (Est.) 5-Year Total <br /> Year 1 $9,775 <br /> Year 2 $4,764 <br /> Property Taxes Year 3 $35,320 $120,499 <br /> (to City) <br /> Year 4 $35,320 <br /> Year 5 $35,320 <br /> MVH/LRSA Estimated at revenue $2,352 $11,760 <br /> per mile of$19,600 <br /> Approximate 5-Year Revenues $132,259 <br /> Revenue estimate based on $187,700 net assessment and capped tax rate of 3% of <br /> $187,700 gross assessment for the restaurant for all years, plus for the grocery store site, <br /> $384,600 net assessment and capped tax rate of 2% of$384,600 gross assessment in Year <br /> 1, $55,000 net assessment and capped tax rate of 2% of$55,000 gross assessment in Year <br /> 2, and $1,500,000 net assessment and capped tax rate of 3% of$1,500,000 gross <br /> assessment first taxable in Year 3. <br />
The URL can be used to link to this page
Your browser does not support the video tag.