Laserfiche WebLink
ATTACHMENT 1-D <br />SANTA ANA, CALIFORNIA: RELATED BRISTOL SPECIFIC PLAN <br />PROPERTY TAX REVENUE ANALYSIS <br />Other Property Tax Revenue Assumptions <br />I Property Tax Transfer - Assumptions [51 <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 [61 0.11% <br />Property Transfer Tax Passed Through to City of Santa Ana [71 50.00% <br />II Motor Vehicle Licensing Fees - Assum ttiions <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 [81 $32,471,833,021 <br />City of Santa Ana Property Tax In -Lieu of Vehicle License Fee [91 $39,800,000 <br />Property Tax In -Lieu of Vehicle License Fee Increase per $1,000 Assessed Value $1.23 <br />Fiscal Impact Calculation <br />I <br />Fiscal Impact Category <br />Annual Fiscal Impact Amount <br />A <br />Secured Property Tax <br />A.1 <br />Projected Residential Land Uses <br />Senior Living <br />$248,060 <br />Apartment <br />$3,220,013 <br />A.2 <br />Projected Non -Residential Land Uses <br />Grocery <br />$33,393 <br />Fitness <br />$30,053 <br />Restaurant <br />$46,750 <br />Neighborhood Retail <br />$50,089 <br />Neighborhood Services <br />$73,464 <br />Hotel <br />$155,038 <br />B <br />Property Transfer Tax <br />B.1 <br />Projected Residential Land Uses <br />Senior Living <br />$4,934 <br />Apartment <br />$64,041 <br />B.2 <br />Projected Non -Residential Land Uses <br />Grocery <br />$664 <br />Fitness <br />$598 <br />Restaurant <br />$930 <br />Neighborhood Retail <br />$996 <br />Neighborhood Services <br />$1,461 <br />Hotel <br />$3,083 <br />C <br />Property Tax In -Lieu of Vehicle License Fee [121 <br />Projected Residential and Non -Residential Land Uses <br />$2,359,024 <br />II <br />Total Property Tax Revenues <br />$6,292,591 <br />Exhibit 10 <br />