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ta <br />www.FinanceDTA.com <br />C Overall Net Fiscal Impact <br />SECTION IV <br />FISCAL IMPACTS <br />Table 12 and Figure 6 below shows the overall incremental fiscal impact to the City. The <br />Project site is anticipated to generate an annual recurring incremental fiscal surplus at <br />build -out of $257,736 based on the generation of $460,412 in annual recurring revenues <br />and $202,676 in recurring annual costs. Furthermore, annual revenues generated are <br />projected to equal 2.27 times the associated City incremental General Fund costs. <br />Table 12: Net Fiscal Impact (the City's General Fund) <br />Total Recurring Revenues <br />$460,412 <br />Total Recurring Costs* <br />$202,676 <br />Annual Recurring .Surplus/(Deficit) <br />$257,7.36 <br />Total Annual Revenue/Cost Ratio <br />2.27 <br />Figure 6: Net Fiscal Impact (the City's General Fund) <br />$s00000 <br />$400,000 <br />$300,000 <br />$200,000 <br />$100, 000 <br />$0 <br />($100,000) <br />($200,000) <br />($300,000) <br />$460,412 <br />($202,676) <br />■ Recurring City Funds Revenues <br />■Recurring City Funds Expenditures <br />!Total Annual Recurring General Fund Surplus/(Deficit) <br />EPD Solutions, Inc. <br />South Coast Technology Center Fiscal Impact Analysis Report <br />May 13 2024 <br />City Council <br />28 — 193 <br />20 <br />