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5/2/2019 <br />BAP Analysis <br />LCity <br />Louisville <br />COLORADO• SINCE 1878 <br />• Data for the Analysis came from several <br />sources: <br />— Building Department permits and fees <br />— 2016 Sales Tax Data <br />— State Quarterly Employment Census Data <br />• 2016 <br />BAP Analysis <br />LCity0f <br />Louisville <br />COLORADO• SINCE 1878 <br />• Key statistics for Commercial / Industrial <br />projects: <br />— Retained 1,438 jobs <br />— Created 1,442 jobs (total is 2,880 jobs) <br />— Average annual wage is $86,310 <br />• $21,000 greater than the County average wage <br />— Average incentive per job is $366 <br />BAP Analysis <br />LCity <br />Louisville <br />COLORADO• SINCE 1878 <br />• Key statistics for Retail projects; <br />— For every $1 in one-time rebates, businesses <br />generate $.63 in annual sales tax revenue <br />— Businesses that received BAPs generated <br />$1,038,533 in sales tax in 2018 <br />— 517 new retail jobs averaging $23,987 <br />Summary <br />LCityaf <br />Louisville <br />COLORADO• SINCE 1878 <br />• Encouraged significant growth and investment <br />• Incentives are more to retail, but city benefits <br />from retail greater. <br />— Encourages on -going revenue stream <br />• Incented primary job creation significantly <br />higher than the Boulder County average wage. <br />2 <br />