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Item 24 - Agreement No. 2025-01 - MLC Holdings
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Item 24 - Agreement No. 2025-01 - MLC Holdings
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4/14/2025 9:53:01 AM
Creation date
4/9/2025 3:24:05 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
24
Date
4/15/2025
Destruction Year
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TABLE 7A <br />ESTIMATE OF GENERAL FUND FISCAL IMPACT <br />2020 E. 1ST STREET - FISCAL IMPACT ANALYSIS <br />PROPOSED RESIDENTIAL PROJECT <br />Amount at <br />Percent <br />Annual General Fund Revenues <br />Buildout <br />of Total <br />Property Tax <br />$107,512 <br />31.6% <br />Prop Tax -In Lieu VLF <br />84,328 <br />24.8% <br />Utility User Taxes <br />29,216 <br />8.6% <br />Documentary Stamp Tax <br />4,162 <br />1.2% <br />Sales Tax <br />32,023 <br />9.4% <br />Sales Tax Measure X <br />48,034 <br />14.1% <br />Half -Cent Sales Tax (Safety) <br />1,454 <br />0.4% <br />Franchise Fees <br />10,655 <br />3.1% <br />Business Licenses <br />0 <br />0.0% <br />Fines and Forfeitures <br />4,882 <br />1.4% <br />Licenses and Permits <br />0 <br />0.0% <br />Charges for Services <br />18,449 <br />5.4% <br />Total Revenues <br />$340,716 <br />100.0% <br />Amount at <br />Percent <br />Annual General Fund Expenditures <br />Buildout <br />of Total <br />City Manager <br />$0 <br />0.0% <br />City Council <br />0 <br />0.0% <br />General Non -Dept <br />0 <br />0.0% <br />Interfund Transfers <br />0 <br />0.0% <br />City Clerk <br />0 <br />0.0% <br />City Attorney <br />0 <br />0.0% <br />Human Resources <br />0 <br />0.0% <br />Finance Department <br />0 <br />0.0% <br />Library <br />1,704 <br />0.7% <br />Museum Fund <br />369 <br />0.2% <br />Parks, Rec. & Community Services <br />6,924 <br />3.0% <br />Police Department <br />139,957 <br />60.6% <br />Fire & Emergency Medical Services <br />49,800 <br />21.6% <br />Planning & Building <br />8,064 <br />3.5% <br />Public Works <br />22,373 <br />9.7% <br />Community Development <br />1,863 <br />0.8% <br />Total Expenditures <br />$231,055 <br />100.0% <br />Annual Recurring Surplus/(Deficit) at Buildout $109,662 <br />Revenues to Expenditure Ratio 1.47 <br />i� ZIMMERMAN GROUP <br />
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