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TABLE 5A
<br />ESTIMATE OF REVENUES
<br />2020 E. 1ST STREET - FISCAL IMPACT ANALYSIS
<br />PROPOSED RESIDENTIAL PROJECT
<br />Demographic Profile:
<br />Household
<br />Population
<br />Employment
<br />Population (a)
<br />Total
<br />Population/
<br />Jobs
<br />Total Resident
<br />Equivalents (b)
<br />City of Santa Ana 306,488 148,900 455,388 380,938
<br />2020 E 1st Street 328 0 328 328
<br />City FY 2024-25
<br />Adopted Budget
<br />(c)
<br />Per Capita
<br />Service
<br />Population
<br />Per Capita
<br />Revenue
<br />New Residents/
<br />Resident
<br />Equivalents
<br />"Marginal
<br />Revenue" Impact
<br />Adjustment (e)
<br />Annual Revenue
<br />at Buildout
<br />Taxes
<br />Property Taxes $48,810,310 -------------------------------Case Study-------------------------------$107,512
<br />Prop Tax-In Lieu VLF $44,009,010 -------------------------------Case Study-------------------------------$84,328
<br />Utility User Taxes $27,300,000 Population $89.07 328 0%$29,216
<br />Business Tax (d)$16,200,000 Res Equiv $42.53 328 100%$0
<br />Documentary Stamp Tax $800,000 -------------------------------Case Study-------------------------------$4,162
<br />Sales Taxes $61,682,950 -------------------------------Case Study-------------------------------$32,023
<br />Half-Cent Sales Tax (Safety)$2,800,000 -------------------------------Case Study-------------------------------$1,454
<br />Sales Tax Measure X $85,632,610 -------------------------------Case Study-------------------------------$48,034
<br />Other Taxes (d)$34,962,000 Res Equiv $91.78 328 100%$0
<br />Franchise Fees $12,375,000 Res Equiv $32.49 328 0%$10,655
<br />Fines and Forfeitures $5,670,100 Res Equiv $14.88 328 0%$4,882
<br />Licenses and Permits (d)$9,163,200 Res Equiv $24.05 328 100%$0
<br />Charges for Services $21,427,100 Res Equiv $56.25 328 0%$18,449
<br />Intergovernmental (d)$8,089,340 Res Equiv $21.24 328 100%$0
<br />Miscellaneous (d)$10,827,220 Res Equiv $28.42 328 100%$0
<br />Transfers-In (d)$10,000 Res Equiv $0.03 328 100%$0
<br />Use of Money (d)$16,768,500 Res Equiv $44.02 328 100%$0
<br />Total Revenues $406,527,340 $340,716
<br />Footnotes:
<br />(b) Assumes that two employees have the same impact as one resident.
<br />(c) Amounts from the Adopted 2024-25 City Budget.
<br />(d) Revenues assumed to not be affected by the increase of the Project population.
<br />(e) Indicates the adjustment to certain per capita revenue categories not expected to increase based on the citywide average.
<br />(a) Total Employment of 148,900 is from the City Profile on page 4 of the Adopted 2024-25 City Budget.
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<br />City Council 24 – 282 4/15/2025
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