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MLC Holdings, Inc. - 2020 E. 1st Street <br />Fiscal Impact & Economic Benefit Report <br />February 27, 2025 <br />rates and tax allocations from the Orange County Auditor Controller, 2024-25 assessed values <br />and tax rate area information from the Orange County Treasurer, as well as statistical data from <br />the California Department of Finance and the U.S. Bureau of Statistics. <br />2.2 CONCLUSIONS <br />A. Summary <br />The increase in General Fund revenues following buildout of the Project is estimated at <br />approximately $340,716 per year, and the increase in General Fund expenses is estimated at <br />approximately $231,055 per year. Accordingly, there is expected to be an annual surplus of <br />approximately $109,662 to the General Fund following Project buildout. The table below <br />summarizes the estimated annual General Fund revenues, expenses and surplus. As indicated, the <br />revenue to expense ratio is 1.47, meaning the revenues exceed the expenses by approximately <br />47%. <br />31Page <br />i� ZIMMERMAN GROUP <br />