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Fiscal Plan for the Provision of services to an Annexation Area (Shellbark Annexation Area)
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Fiscal Plan for the Provision of services to an Annexation Area (Shellbark Annexation Area)
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12/2/2015 11:50:31 AM
Creation date
12/2/2015 11:50:20 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
11/23/2015
Ord-Res Number
4511-15
Bill Number
50-15
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Shellbark Annexation Area 12 <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 $0 • $0 <br /> Street Maintenance $0 $0 $0 <br /> Police $0 $159 $795 <br /> Fire $0 $148 $740 <br /> Code $0 $9 $45 <br /> Approximate 5-Year Expenditures $1,580 <br /> Revenues Notes Total (Est.) 5-Year Total <br /> Year 1 $35 <br /> Year 2 $35 <br /> Property Taxes Year 3 $35 $175 <br /> (to City) <br /> Year 4 $35 <br /> Year 5 $35 <br /> MVH/LRSA Estimated at revenue $0 $0 <br /> per mile of$19,600 <br /> Approximate 5-Year Revenues $175 <br /> Revenue estimate based on $2,300 net assessment and capped tax rate of 3% of$2,300 <br /> gross assessment for all years. <br /> The Annexation Area will be incorporated into a larger medical office development that is <br /> expected to create a net positive fiscal impact to the City. <br />
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