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Waggoner's Dairy Farm, Inc. Phase II Annexation Area 13 <br />TABLE 1 <br />Summary Table — Estimated Fiscal Impact <br />Expenditures <br />Capital (est.) <br />Non - Capital <br />Per Year (est.) <br />5 -Year <br />Sewer Facilities <br />$0.00 <br />* See Note Below <br />$ 0 <br />Water Facilities <br />$0.00 <br />* See Note Below <br />$ 0 <br />Street Lights <br />$0.00 <br />$ 0 <br />Police <br />$0.00 <br />$26,463 <br />$132,315.00 <br />Fire <br />$0.00 <br />$18,749 <br />$93,745.00 <br />Code <br />$0.00 <br />$2,551 <br />$12,755.00 <br />Street Maintenance <br />$0.00 <br />$3,549 <br />$17,745.00 <br />Street Construction <br />$0.00 <br />* See Note Below <br />$ 0 <br />Approximate 5 -Year Expenditures <br />$256,560 <br />Revenues <br />Tax Year <br />@ <br />Property Taxes /year <br />unincorporated <br />03104 <br />$8583.15 <br />(year 1; 2006) <br />04/05 <br />$3,650 <br />(year 2; 2007) <br />05/06 <br />$37,800 <br />(year 3; 2008) <br />06/07 <br />$151,000 <br />(year 4; 2009) <br />07/08 <br />$506,000 <br />(year 5; 2010) <br />08/09 <br />$808,000 <br />Note: <br />All Revenues estimated & are City portion <br />of total tax rate, and do not include <br />Homestead & other Assessments <br />0 <br />MVH /LRSA <br />estimated from 2002 revenue /mile <br />@$11,340 <br />x 5 years <br />$45,360 <br />Approximate 5 -Year Revenues <br />Total <br />T $1,560,393 <br />Projected full net assessment in 2010: $49,200,000 (This includes both annexations) <br />Estimated tax income (City portion) per year after full development potential is reached, estimated <br />to be in the year 2019: $1,313,000 (This includes both annexations) <br />* NOTE: See Page 11, Item 9. Off site and on -site infrastructure improvements have yet to be <br />identified. <br />