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Resolution No. 12-2025 Fiscal Plan and Policy for Edison Sundown Annexation Area
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Resolution No. 12-2025 Fiscal Plan and Policy for Edison Sundown Annexation Area
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Board of Public Works
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Resolutions
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4/22/2025
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Edison Sundown Annexation Area 13 <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 $9,987 $49,935 <br />Police $0 $2,320 $11,600 <br />Fire $0 $1,926 $9,630 <br />Neighborhood <br />Services $0 $308 $1,540 <br />Approximate 5-Year Expenditures $72,705 <br /> <br />Revenues Notes Total (Est.) 5-Year Total <br />Property Taxes <br />(to City) <br />Year 1 $7,091 <br />$62,131 <br />Year 2 $13,760 <br />Year 3 $13,760 <br />Year 4 $13,760 <br />Year 5 $13,760 <br />MVH/LRSA Estimated at revenue <br />per mile of $32,487 $4,548 $22,740 <br />Approximate 5-Year Revenues $84,871 <br /> <br />Revenue estimate based on $414,700 net assessment and capped tax rate of 3% of <br />$414,700 gross assessment in Year 1 and $804,700 net assessment and capped tax rate of <br />3% of $804,700 gross assessment for all years following. <br />
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