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SUBJECT: SOUTH BOULDER ROAD SMALL AREA PLAN DRAFT <br />DATE: MARCH 29, 2016 PAGE 2 OF 5 <br />Tear Cumulldkve 1 <br />'Revenue by Fund <br />General Funa <br />$34..171:001: <br />Urban Revitalization District Fund <br />$4,461 r0C(: <br />Opens Space 8, Par Lc Funa <br />$6..117,00: <br />_oftery zun d <br />C <br />Historic Prey erva'ia n fur, d <br />$2,166:000 <br />Capital Poje cts Fund <br />$20 :081:000 <br />TOTAL REVENUE <br />$66,966, <br />Expenditures by Fun <br />Taxable Sales in City <br />General Funa <br />$28,303:000 <br />Urban Revitalization District F +.end <br />0 <br />Ope n Space &. Faris. Funa <br />$923 :000 <br />Loiery =und <br />TIO <br />Historic PreyeRva ion zund <br />•:apital Projects Funa <br />$25..033 :000 <br />$54.259,000 <br />TOTAL EXPENDITURES <br />r Jef F cal Res uit by FL-117d <br />General Funa <br />$5,868 :000 <br />Urban Revitalization District Fend <br />$4,461 :000° <br />Open Space & Parks Fund <br />$5„193:000 <br />Lottery 'Jn d <br />$0° <br />' I1 tonc Preservation izund <br />$2,166,000 <br />,.Dital Projects Fund <br />1$4,952:000; <br />FISCAL IMPACT <br />$12,736,000 <br />In summary, the assumptions used in the model are: <br />Residential Low Density <br />Persons /Unit <br />2.57 <br />Market Value <br />$600,000 <br />Construction Value <br />$300,000 <br />Household Income <br />$132,000 <br />Spent on Taxable Items <br />35% <br />Taxable Sales in City <br />40% <br />Trips <br />6.76 <br />Adjustment Factor <br />50% <br />CITY COUNCIL COMMUNICATION <br />3 <br />