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Cleveland Poppy Annexation Area <br /> 12 <br /> <br /> <br /> <br /> <br />TABLE 1 <br /> <br /> Summary Table – Estimated Fiscal Impact <br /> <br /> <br />Expenditures Capital <br />(Est.) <br />Non-Capital <br />Per Year (Est.) Notes 5-Year Total <br />Street Construction $0 $0 <br />Sewer Extension $0 <br />Connection at <br />petitioner’s <br />expense <br />$0 <br />Water Extension $0 <br />Connection at <br />petitioner’s <br />expense <br />$0 <br />Street Lights $0 $0 <br />Street Maintenance $0 $10,127 $50,636 <br />Police $0 $4,596 $22,980 <br />Fire $0 $3,796 $18,980 <br />Neighborhood <br />Services $0 $652 $3,260 <br />Approximate 5-Year Expenditures $95,856 <br /> <br />Revenues Notes Total (Est.) 5-Year Total <br />Property Taxes <br />(to City) <br />Year 1 $5,430 <br />$185,430 <br />Year 2 $45,000 <br />Year 3 $45,000 <br />Year 4 $45,000 <br />Year 5 $45,000 <br />MVH/LRSA Estimated at revenue <br />per mile of $33,234 $4,229 $21,145 <br />Approximate 5-Year Revenues $206,575 <br /> <br />Revenue estimate based on $181,500 net assessment and capped tax rate of 3% of <br />$181,500 gross assessment in Year 1 and $1,500,000 net assessment and capped tax rate <br />of 3% of $1,500,000 gross assessment for all years following.