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ATTACHMENT 1-D <br />SANTA ANA, CALIFORNIA: RELATED BRISTOL SPECIFIC PLAN <br />PROPERTY TAX REVENUE ANALYSIS <br />I Property Tax Transfer - Assumptions [5] <br />A Turnover Rate <br />Residential Property 6.90% <br />Non-Residential Property 6.90% <br />B Other Assumptions <br />Transfer Tax as a % of Assessed Value [6]0.11% <br />Property Transfer Tax Passed Through to City of Santa Ana [7] 50.00% <br />II Motor Vehicle Licensing Fees - Assumptions <br />Vehicle Licensing Fees per Capita NA <br />III Property Tax In-Lieu of Vehicle License Fee - Assumptions <br />Total City of Santa Ana Gross Assessed Value [8]$32,471,833,021 <br />City of Santa Ana Property Tax In-Lieu of Vehicle License Fee [9]$39,800,000 <br />Property Tax In-Lieu of Vehicle License Fee Increase per $1,000 Assessed Value $1.23 <br />I Fiscal Impact Category Annual Fiscal Impact Amount <br />A Secured Property Tax <br />A.1 Projected Residential Land Uses <br />Senior Living $248,060 <br />Apartment $3,220,013 <br />A.2 Projected Non-Residential Land Uses <br />Grocery $33,393 <br />Fitness $30,053 <br />Restaurant $46,750 <br />Neighborhood Retail $50,089 <br />Neighborhood Services $73,464 <br />Hotel $155,038 <br />B Property Transfer Tax <br />B.1 Projected Residential Land Uses <br />Senior Living $4,934 <br />Apartment $64,041 <br />B.2 Projected Non-Residential Land Uses <br />Grocery $664 <br />Fitness $598 <br />Restaurant $930 <br />Neighborhood Retail $996 <br />Neighborhood Services $1,461 <br />Hotel $3,083 <br />C Property Tax In-Lieu of Vehicle License Fee [12] <br />Projected Residential and Non-Residential Land Uses $2,359,024 <br />II Total Property Tax Revenues $6,292,591 <br />Other Property Tax Revenue Assumptions <br />Fiscal Impact Calculation <br />Exhibit 10 <br />  <br />  <br />City Council 22 – 428 9/17/2024