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25-24 Resolution Adopting a Written Fiscal Plan and Establishing a Policy for the Provision of Services to the Edison Sundown Annexation Area
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25-24 Resolution Adopting a Written Fiscal Plan and Establishing a Policy for the Provision of Services to the Edison Sundown Annexation Area
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4/23/2025 10:22:59 AM
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Edison Sundown 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 $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 $0 $308 $1,540 <br /> Services <br /> Approximate 5-Year Expenditures $72,705 <br /> Revenues Notes Total (Est.) 5-Year Total <br /> Year 1 $7,091 <br /> Year 2 $13,760 <br /> Property Taxes Year 3 $13,760 $62,131 <br /> (to City) <br /> Year 4 $13,760 <br /> Year 5 $13,760 <br /> MVH/LRSA Estimated at revenue $4,548 $22,740 <br /> per mile of $32,487 <br /> Approximate 5-Year Revenues $84,871 <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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