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Appendix D: Table of Economic Impact, 250,000 square foot development <br />Office Space <br />Sq Ft 250,000 <br />Value <br />PSF $325 Confirmed with a local broker <br />Total $81,250,000 <br />Construction Cost 41,385,000 $165.54 per s.f. <br />Los Angeles County average <br />Operations <br />Employees <br />Sq Ft Per Employee 250 Very commonly used factor for office space <br />Number 1,000 <br />Payroll <br />Average Per Employee $50,000 Avereage -Depends on the type of business activity <br />Total $50,000,000 <br />Gross Receipts <br />Percent of Payroll 250% Average -Depends on the type of business activity <br />Amount $125,000,000 <br />Utility Usage Electric Other <br />Annual PSF $2.75 $1.50 <br />Annual Total $687,500 $375,000 <br />Fiscal Revenues <br />Property Tax <br />1.0000% <br />General Levy <br />Share <br />Amount <br />Pasadena <br />21% <br />$171,000 <br />PUSD <br />28% <br />228,000 <br />L.A. County <br />30% <br />244,000 <br />PCC <br />11 % <br />89,000 <br />Others <br />10% <br />81,000 <br />Voted Indebtedness <br />0% <br />14 151 <br />Rate=.017417% <br />PCC <br />0% <br />51,794 <br />Rate=.063747% <br />PUSD <br />PUSD Measure TT <br />0% <br />38,919 <br />Rate=.0479% <br />Total <br />$917,865 <br />Business License Tax <br />Commercial Space <br />Per1,000 St $15.00 <br />Total $3,750 <br />Employees <br />34 <br />