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Santa Ana Redhill Development <br /> <br /> <br /> <br /> <br />Prepared for: City of Santa Ana <br /> <br />AECOM <br />42 <br /> <br /> <br /> <br /> <br />The Project - Estimated Sales Tax Revenue <br />Description Value <br />Households* 1,045 <br />Estimated City of Santa Ana per capita Sales $20,910.00 <br />Capture Rate 30% <br />Taxable Sales in Santa Ana $6,555,285 <br />Sales Tax Rate 2.50% <br />Sales Tax generated by New Residents $163,882 <br /> <br />Annexation Employees** 260 <br />Estimated Annual Taxable Workday Spending*** $6,700 <br />Capture to Santa Ana 30% <br />Total Estimated Annual Taxable Sales from On-site Employees $522,070 <br />Local Sales Tax (excluding California State sales tax and voter additions ) 2.50% <br />Estimated Annual Sales Tax Revenue by On-site Employees $13,052 <br />Annual Estimated Sales Tax Revenue by Residents and On-Site Employees $176,934 <br />Total Annual Sales from Businesses $855,000 <br />Total Sales Tax $1,031,934 <br />*95% Structural Occupancy <br />**Discounted for % of Workers living in Santa Ana <br />**ICSC Estimates for average worker with comparable retail offerings <br />Source: California BOE, Orange County Tax Assessor, LEHD, ICSC, AECOM <br /> <br /> <br /> <br />Industrial Prototype - Estimated Sales Tax Revenue <br />Description Value <br />Annexation Employees* 519 <br />Annual Taxable Workday Spending** $6,700 <br />Capture to Santa Ana 35% <br />Total Estimated Annual Taxable Sales from On-site Employees $1,218,164 <br />Local Sales Tax (excluding California State sales tax and voter additions) 2.50% <br />Estimated Annual Sales Tax Revenue by On-site Employees $30,454 <br />Total Annual Sales from Businesses $493,920 <br />Total Sales Tax $524,374 <br />*Discounted for % of Workers living in Santa Ana <br />**ICSC Estimates for average worker with comparable retail offerings <br />Source: California BOE, Orange County Tax Assessor, LEHD, ICSC, AECOM <br /> <br /> <br />3-269