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REVENUE CALCULATION FOR OFFICE <br />OPERATING REVENUES <br />Formula: <br />property tax + employee sales tax + consumer use tax + "other general fund sources" = <br />Operating Revenue <br />CAPITAL REVENUES <br />sales tax + building use tax + impact fees = Capital Revenue (Library Assessment ?) <br />FORMULA FOR OPERATING REVENUES <br />(assessed value x .005184) + (E# of employees x $125/week x 52 x .02) + consumer <br />use tax + ($, 7 s ft)= Operating Revenue <br />Application to existing structures <br />235 Century Place <br />Characteristics <br />69,145 Sq ft <br />Estimated employees 69,1451270 = 256 <br />Actual value 7,951,700 <br />Assessed value 2,305,993 <br />Operating Revenue = (.005184 x 2,303,993) + (270 x 125 x 52 x .02) + consumer <br />use tax + (.17 x 69,145) = $58,797 + Use Tax <br />Medtronics 826 Coal Creek Circle <br />Characteristics <br />79,553 Sq Ft <br />Number of employees 310 <br />Actual Value 10,870,827 <br />Assessed Value 3,152,540 <br />Operating Revenue = $70,166 + Consumer Use Tax <br />