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additional tax from Measure X would yield $93,307 at buildout and decrease to $74,276 in 2029 <br />(adjusted for 3% inflation) before ceasing in 2039. <br />Table 6 <br />RESIDENT -DERIVED SALES TAX REVENUE <br />Central Pointe, Santa Ana <br />Households and Sales at Buildout <br />Average Household Taxable Expenditures $ 17,836 <br />Occupied Households 581 <br />Percent within Santa Ana 60% <br />Total Taxable Sales $ 6,220,479 <br />City Share of Sales Tax 1 % <br />Measure X (2018) Additional Sales Taxl 1.5% <br />Resident -Derived Sales Tax Revenues Annual Estimate <br />(Base Rate) $ 62,205 <br />(2018 Addition) $ 93,307 <br />(2029 Decrease to 1 %) $ 74,276 <br />Source: ESRI BAO, City of Santa Ana <br />'Measure X additional sales tax decreases from 1.5% to 1 % in 2029 <br />Business -Derived Sales Tax <br />The Project includes 15,200 square feet of retail space. The new businesses would generate <br />sales taxes separate from the new residents. Since the Developer does not yet know the exact <br />tenants that would fill the space, RSG estimated an average of $250 of sales per square foot for <br />the space. As a result, the retail businesses would generate taxable sales of $3.8 million at <br />buildout. <br />RSG estimates the base sales tax revenues at buildout to be $41,524. Table 7 below presents <br />this information. In addition, Measure X would generate $62,285 for that year as well. However, <br />in 2029 Measure X revenues would decrease to $51,069 before being eliminated altogether in <br />2039. <br />