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APPENDIX A-5 <br />SANTA ANA, CALIFORNIA: SOUTH COAST TECHNOLOGY CENTER <br />SALES TAX REVENUE ANALYSIS <br />Indirec a s <br />I Indirect Sales Tax Assumptions - Employees <br />Annual Spending per Employee [1] <br />11 Retail Taxable Sales Capture <br />City of Santa Ana Retail Taxable Purchase Capture [2] <br />I Non -Residential Direct Sales Tax Assumptions <br />A Non -Residential Land Uses <br />Industrial Building One <br />Industrial Building Two <br />Industrial Building Three <br />Percent to the City of Santa Ana <br />City of Santa Ana Municipal Code §35-51 <br />Prop 172 Sales Tax [4] <br />Measure X Sales Tax [5] <br />Total <br />Fiscal Impact Calcul <br />I Fiscal Impact Category <br />A Indirect Sales Tax <br />A.1 Employee Taxable Sales <br />Direct Employees <br />B Direct Sales Tax <br />B.1 Projected Non -Residential Land Uses <br />Industrial Building One <br />Industrial Building Two <br />Industrial Building Three <br />I I Total Sales Tax Revenues <br />$951 <br />25% <br />Taxable Sales per Sq. Ft [31 <br />$0.00 <br />$0.00 <br />$0.00 <br />1.00% <br />0.04% <br />1.00% <br />2.04% <br />$2,066 <br />$0 <br />$0 <br />$0 <br />$2,066 <br />NOTES: <br />[1] Based on the average spending on Fast Food/Deli/Lunch Eateries for workers with annual income <br />between $50K and $75K. Source: "Office -Worker Retail Spending in a Digital Age," ICSC (2012). <br />Adjusted for inflation assuming 3%annual inflation rate. <br />[2] Based on typical DTA baseline assumptions. <br />[3] Source: Project Proponent. <br />[4] The City projects to receive approximately 8.87% of the Prop 172 sales tax receipts generated within the <br />City, which is equivalent to 0.04% sales tax rate. Source: City of Santa Ana Proposed Budget, Fiscal Year 2023-2024. <br />[5] Current rate is 1.5%, decreases to 1.0% in 2029, and then sunsets in 2039. <br />* All figures subject to rounding <br />City Council 28 — 200 8/6/2024 <br />