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HomeMy WebLinkAbout08/24/1993, Study Session - Fiscal Impact Analysis of Annexationr- ������►�►►i�ulllllll�p1° city of san� ups OBIspo ONGs COUNCIL AGENDA REPORT FROM: William C. Statler, Director of Finance wzg�-- SUBJECT: FISCAL IMPACT ANALYSIS OF ANNEXATION MEETING DATE: P Z el— 93 ITEM NUMBER: Since the Council's approval of proceeding with annexation of the Airport Area, concerns have been expressed regarding the fiscal impacts that would be associated with doing so. The purpose of this workshop is to familiarize the Council with the key concepts generally associated with performing fiscal impact analyses, and the role that this kind of analysis should play in evaluating annexation and land use issues. To facilitate this workshop, we have contracted with Angus MacDonald, a nationally recognized expert on urban economic issues, including fiscal impact analysis. In addition to sharing his knowledge with us, we have also invited representatives from three cities who are active in this area to discuss their experiences: ■ Jerry Fraser, Principal Planner City of Santa Maria ■ Bill Feldmeier, Director of Financial Planning City of Davis ■ Dale Pfeiffer, Director of Public Works City of Vacaville The proposed agenda for the workshop outlining the key areas to be covered is attached. AR\ANEXFISC.YP Council Workshop Agenda — August 24, 1993 FISCAL IMPACT ANALYSIS OF ANNEXATION What I. INTRODUCTION — PURPOSE OF THE WORKSHOP II. FISCAL IMPACT ANAYLSIS — WHAT IS IT? A. Overviewofirsue 1. What is the role of fiscal impact analysis in evaluating annexation/land use issues? 2. What is the difference — if any — between evaluating the impact of the annexation itself versus the land use decisions and development review process that will follow? B. What are the key variables/assumplionsthat are typically considered in performingfascalimpactanalyses? For example: Who John Dunn Angus Mac Donald 1. Demographics — What do the new residents or businesses look like? 2. Absorption rates — How quickly will various components of the new development occur? 3. Timeframe — Over what period are we evaluating the impact? 4. Geography — How broadly or narrowly defined is the area to be analyzed? 5. Operating and capital costs 6. Average versus marginal costs 7. Allocation of costs and revenues between land use types 8. ' Internal shifting and redistribution of costs and revenues (regionally or locally) C. What do we typically find as a result of fiscal impact analyses? 1. Are there any "general' rules of thumb? 2. What factors appear to be the most important? (ie, land use, demographics?) D. How can development fees be used to mitigate adverse fiscal impacts? Are times changing regarding their use? ie, incentives for development rather than fees? What other tools are available to mitigate potential adverse fiscal impacts? III. EXPERIENCES IN OTHER CITIES A. What's happening in other "savvy"communities? Case studies 1. Santa Maria Jerry Fraser 2. Davis Bill Feldmeier 3. Vacaville Dale Pfeiffer B. What's happening locally? Bill Statler 1. Paso Robles — Wal Mart 2. South County Fiscal Impact Analysis C. What experience has San Luis Obispo had with fiscal impact analysis? Bill Statler 1. Broad Street 2. Dalidio 3. Commercial scenarios — General Plan update IV. SUMMARY/QUESTIONS AND ANSWERS Council Members/ Workshop Participants CITY OF SANTA MARIA SPHERE OF INFLUENCE AND ANNEXATION STUDY P R O J E C T H I S T O R Y A N D B A C K G R O U N D HISTORY The Sphere of Influence boundary for the City of Santa Maria was originally adopted by the Local Agency Formation Commission (LAFCO) in 1977. Since 1977, major changes in the economic and development framework in Santa Maria have occurred, as have legislative guidelines relative to sphere boundary amendments and annexations. The City was invited by LAFCO to review their sphere in 1982, but a review was not considered necessary at that time. Subsequently, the sphere was amended in 1987 as a result of two annexation applications being filed and approved by LAFCO. This Sphere Study titled, "The City of Santa Maria Sphere of Influence Boundary and Concurrent Annexation Study," repre- sents the first comprehensive review of the City's Sphere boundary since 1977, as provided for in Section 564.25, Chapter 4, of the Cortese/Knox Local Government Reorganization Act of 1985. During 1986, 1987 and 1988, LAFCO reviewed several Sphere and Annexation Study scenarios, as presented by the City, at public hearings held in the Santa Maria area. Following the approval by LAFCO of the project description and designation of the City as the Lead Agency to prepare the Environmental Impact Report, the City preceded to prepare a project scope of work and request for proposals for distribution to qualified consultants. The contract was signed in the summer of 1989 with McClelland Consultants now known as Fugro-McClelland a firm located in Ventura, California. To enhance the coordination of the project with the three agencies involved in this process, the City of Santa Maria, County of Santa Barbara and the Local Agency Formation Commission, a Joint Review Panel was established consisting of a staff member from each agency. This JRP served as a vital tool throughout the project when ideas, methodologies misunderstandings needed to be discussed and resolved. This Sphere and Annexation Study, with supporting documentation provides an analysis of the proposed amendments to the City's Sphere of Influence and concurrent Annexations at a level of detail sufficient to meet the requirements of the Cortese/Knox Reorganization Act and will permit LAFCO to make decisions on proposals over which it has jurisdiction. This Sphere and Annexation Study provides a basis for .recommendations for governmental reorganization, present and planned land uses in the areas, including agriculture and open space, the present and probable need for public facilities and services, adequacy of public services that will be needed and the City's Plan and methods to provide the Urban Services needed. -1- HISTORY/BACKGROUND PAGE 2 BRIEF DESCRIPTION OF THE CITY OF SANTA MARIA SPHERE OF INFLUENCE AND CONCURRENT ANNEXATION STUDY The Project Purpose To establish a long range program regarding the location, phasing and nature of future City growth. Cost ..................... $650,000 to date. Funded by Property Owners and City of Santa Maria Time in preparation ...... 3 years. ORIGINAL PROJECT AS REVIEWED BY LAFCO Total study area .......... 5,472 acres. Primary target areas .... 2,620 acres. CEQA alternative areas... 2,822 acres. Six numbered areas Area 1, ........ Area 3, ........ Area 5, ......... Area 6, ......... Area 7, ......... Area 9, ......... Hidden Pines, 60 acres. West Main, 152 acres of which to remain in agriculture. Blosser Southeast, 314 acres. Blosser Southwest, 258 acres. Mahoney Ranch, 574 acres. East Black Road, 1,262 acres. Three CEQA Alternative areas ........ Area A, :........ Entrada Este, 467 acres. Area B. ......... West Orcutt, 1,1.69 acres. Area C, ......... E1 Camino Real, 1,216 acres. 70 acres is NOTE: Acreages from Draft EIR, Dated February 18, 1991, evaluating original project. Time period covered ........ 1990-2010, 20 years Products produced by the Study ........... Phase I report, Tract 1, Baseline conditions and Economic report. Tract 2, Target Area Land Use Study. Revised Economic Forecast Report based on the 1990 Federal Census. Environmental Impact Report, including appendices, Summary of Environ- mental Impacts, and Response to Comments. -2- HISTORY/BACKGROUND PAGE 3 Six First Draft Specific Plans, SPZ-88-011 Area 11 Hidden Pines Specific Plan. SPZ-88-031 Area 3, West Main Specific Plan. SPZ-88-051 Area 51 Blosser-Southeast Specific Plan. SPZ-88-06, Area 61 Blosser-Southwest Specific Plan. SPZ-88-071 Area 71 Mahoney Ranch Specific Plan., SPZ-88-101 Area A, Entrada Este Specific Plan. One special study of Area 5 using Neo -traditional (Transit oriented development/Pedestrian oriented development) Land Use Patterns. Basic Findings .... .......................... Projected population, Year 2010, Santa Maria/Orcutt, 158,000. 3.4 % to 1.6 % growth rate, 1990-2010, average 2.5 4.5 % growth rate for City, 1980-1990. Housing Need, Santa Maria/Orcutt, 22,456 units, 1/3 Orcutt, 2/3 Santa Maria. Retail Commercial space need, 3,378,577 square feet. Office space need, 1,183,000 square feet. Industrial space need, 3,864,000 square feet. School Sites provided, Santa Maria, 2 - Jr. High, 2 -Elementary. Open Space and Parks need, 842 acres. Public Participation ................. Two public workshops, each consisting of three separate workshops for the benefit of the Public, Property Owners, Concerned Agencies, City, County and Local Agency Formation Commis- sion Staff, Commissions, Council and Board of Supervisors. These workshops were held in November, 1989 and July, 1990 at City Hall and County Facilities in Orcutt. The final Workshop was conducted in October, 1991, in the City Council Chambers for all concerned to attend. Newsletters........................... There were three Newsletters (Boundaries) published through out the process. the thrust of these newsletters was to inform those concerned of what the project was about, the process, status of the project, and announce the Workshops. The newsletters were distribut- ed in November, 1989, July, 1990, and October 1991. Approximately 2000 newsletters were distributed each time. Cblm HISTORY/BACKGROUND PAGE 4 COUNCIL DIRECTED PROJECT February 41 1992 On February 4, 1992, the City Council reviewed the findings and recommendations contained in the above mentioned reports to determine, what Study Areas or combination of Study Areas would best serve the needs of the future growth of the City of Santa Maria, the City's ability to serve the Areas with Urban services; Fire, Police, Water, Waste water, Solid Waste, Social Programs and maintain the quality of life for the citizens of the City. The City Council Amended Project is intended to be a twenty (20) year growth plan. As stated above the original project contained 5,472 acres. The City Council Amended Project contains 3,122 acres. The result of the City Council Review is as follows: Direct Staff to prepare an Amendment to the Draft Environmental Impact Report to address the amended project to include reevaluation of, the no project alternative, school impacts, traffic, two development scenarios for Area 9, changes in land use configurations, cumulative impacts, and comments received on the Draft EIR dated February 18, 1992. Total Area in Council directed project ..... 3,122 acres Proposed Sphere Boundary Amendment and Concurrent Annexationarea .......................... 1,563 acres. Proposed Sphere Boundary amendment only .. 1,559 acres. THE ABOVE ACREAGES ARE DISTRIBUTED AS FOLLOWS: Six numbered areas Area 1* & 1N .... Hidden Pines, 60 & 139 Area 3* ......... West Main, 83 acres. Area 5* ......... Blosser Southeast, 315 Area 6* ......... Blosser Southwest, 258 Area 7* & 7X* . Mahoney Ranch, 460 & 79 Area 91 consisting of 9N*, 9E and 9W .... 350, and 756 acres. acres. acres. acres. acres. .... East Black Road, 156, Area A, consisting of Al*, A2 and A3 ......... Entrada Este, 152, 156, & 158 acres. * Areas designated for concurrent annexation. The remaining areas were designated for Sphere Boundary Amendment only. NOTE: Acreages from Amendment to Draft EIR, Dated April, 1992. Differences in acreages between the Draft EIR and the Amendment are due to refinement of the project areas. -4- HISTORY/BACKGROUND PAGE 5 THE FOLLOWING AREAS WERE NOT INCLUDED IN THE COUNCIL AMENDED PROJECT Area B, ......... West Orcutt, 1,169 acres. Area C, ......... E1 Camino Real, 1,216 acres. Major Elements of the Amended project Population at buildout of the City, including all areas of the amended. project, is projected to be ...... ..... ......................101,489. Population at buildout of the City, with concurrent annexation areas only, is projected to be ........................................94,318. Housing units, all types at buildout of the City, including all areas of the amended project, and total buildout of the existing City Limits, is projectedto be ..............................• ,.................34,785. Housing units, all types, with concurrent annexation area only, is projectedto be.................................................32,343. Retail commercial space, (Amended Project Area Only), buildout of present City Limits not included ........................875,232 sq. ft. Industrial Space, (Amended Project Area Only), buildout of present City Limits not included ...................................6,403,865 sq. ft. Industrial Space, (concurrent annexation areas only), buildout of present City Limits not included ....................1,806,107 sq. ft. School Sites Provided in all project areas ......................... 1 high school, 2 junior high schools, 3.5 elementary schools,..120 acres. Open Space & Parks in all project areas .....................283 acres. Open Space & Parks in the present City Limits ...............218 acres. PLANNING COMMISSION HEARING HISTORY The Planning Commission Of the City of Santa Maria held five (5) public hearings to consider the following and recommendations to the City Council: 1. Review and recommendation to City Council regarding Certifica- tion of Draft Environmental Impact Report, SCH #90010130, Amendment to Draft Environmental Impact Report and the Response to Comments as the Final Environmental Impact Report. In addition, the adoption of CEQA findings in accordance with Section 15091, a Statement of Overriding Considerations in accordance with Section 15093 of the CEQA guidelines and a Tiered Mitigation Monitoring Program. 2. Review and recommendation to City Council regarding General Plan Land Use classifications for the Sphere of Influence and Concurrent Annexation Areas as shown on Exhibit "A". 3. Review and recommendation to City Council regarding Pre -zoning for the Concurrent Annexations Areas as shown on Exhibit "B". 4. Review and recommendation to City Council regarding approval of Concept Specific Plans prepared for Areas 1, 3, 5, 6, 7 and A. -5- HISTORY/BACKGROUND PAGE 6 NOTE: Planning Commission Hearing Dates to Consider the above were held on the following dates: 1. July 1, 1992. 2. July 15, 1992. 3. July 29, 1992. 4. August 5, 1992. 5. August 19, 1992. CITY COUNCIL HEARING HISTORY The City Council of the City of Santa Maria held one public hearing on September 15, 1992, to consider the Planning Commission's recommenda- tions and direction to staff regarding subsequent Sphere of Influence Boundary Amendments and Annexations as follows: 1. Certification of Draft Environmental Impact Report, SCH #90010130, Amendment to Draft Environmental Impact Report and the Response to Comments as the Final Environmental Impact Report. In addition, the adoption of CEQA findings in accor- dance with Section 15091, a Statement of Overriding Consider- ations in accordance with Section 15093 of the CEQA guidelines and a Tiered Mitigation Monitoring Program. 2. City Council approval of General Plan Land Use classifications for the Sphere of Influence and Concurrent Areas as shown on Exhibit "A". 3. City Council approval of Pre -zoning for the Concurrent Annex- ations Areas as shown on Exhibit "B". 4. City Council approval of Concept Specific Plans prepared for Areas 1, 31 51 6, 7 and A. 5. City Council direction to staff regarding the filing of a formal application with the Local Agency Formation Commission in accordance with Gov. Code Sec. 56428, Subsec (a), to amend the Sphere of Influence of the City of Santa Maria. 6. City Council adoption of a Resolution of Application in accordance with Gov. code Sec. 56000, Subsec. (c), and direct- ing staff to file said resolution with the Local Agency Formation Commission requesting that certain territories be annexed to the City of Santa Maria. NOTE: PUBLIC TESTIMONY WAS RECEIVED ON EACH OF THE ABOVE ITEMS. THE MAJORITY OF THE PUBLIC TESTIMONY WAS IN FAVOR OF THE PROJECT AND IN CONCURRENCE THAT THE PROJECT CONCERNS HAD BEEN ADEQUATELY ADDRESSED WITH THE CITY COUNCIL AMENDED PROJECT AND SUBSEQUENT AMENDMENT TO THE DRAFT ENVIRONMENTAL IMPACT REPORT. HISTORY/BACKGROUND PAGE 7 LOCAL AGENCY FORMATION COMMISSION The City submitted an application to the Local Agency Formation Commission on December 24, 1992, with the required application fee of $11,000.00. This application requested the LAFCO consider and approve the addition of 3,122 acres to the City's Sphere of Influence and by Resolution of Application requested LAFCO to authorize the annexation of lands within the sphere boundary amendment totaling 1,563 acres to the City. On June 10, 1993, LAFCO conducted the first hearing on the Sphere of Influence Boundary Amendment request for the City of Santa Maria. On June 24, 1993, LAFCO conducted the second hearing and authorized the LAFCO staff to prepare the necessary resolutions for approval of the request to add 3,122 acres to the Sphere of Influence of the City of Santa Maria. On August 5, 1993, LAFCO adopted the resolutions. Subsequent to the completion of the property tax exchange negotiations now in progress between the City of Santa Maria and the County of Santa Barbara the annexation requests will be set for hearing by LAFCO. A3-7SphrHist dIC 0 Summary of Remarks by Angus McDonald w City of San Luis Obispo City Council Workshop Fiscal Impact Analysis of Annexation .August 24, 1993 City of San Luis Obispo City Council Workshop on Fiscal Impact Analysis of Annexation August Z4, 1993 THE BASICS FISCAL Annual ongoing revenues and expenditures, ANALYSIS: primarily involving the General Fund and the Gas Tax Fund. Can you afford the annual cost of the police officers and firefighters implied by your forecast of growth and development? PUBLIC How are you going to pay for public FACILITIES improvements to serve new development? FINANCE: How are you going to remedy existing deficiencies? IMPACT: An impact is the difference between a proposed action and some other reasonable course of action! Figure 4-1 TIME PATH FOR AM IMPACT VARIABLE J, r----------------- Za---- C A time Remarks by Angus McDonald Page i City of San Luis Obispo City Council Workshop on Fiscal Impad Analysis of Annexation August 24, 1993 HOW DOES ONE DO A FISCAL ANALYSIS? 1. Describe your land uses. Do a test of market reality. 2. Use your computer models to forecast revenues. They work fine. They'd work even better if they could forecast what Pete, Willy, and our other friends in Sacramento are going to do. 3. Forecast expenditures in one of two ways, depending on the importance of the expenditure item: • Apply your current cost -per -person -served to your forecast of land uses. Never forget that employees and tourists are also "persons served" in your forecasting equation. • Use a case study prepared by, or approved by, relevant the Department Heads if the budget item is an important one. Without fail, have a Department Head review of BZ forecast of ongoing expenditures. 4. Don't let your fiscal analysis team leave the room until they've proposed appropriate mitigations. Remarks by Angus McDonald page 2 City Of San Leis Obispo City Council Workshop on Fiscal Impact Analysis of Annexation August 24, 1993 HOW DOES ONE PREPARE A PUBLIC FACILITIES IMPLEMENTATION PLAN (PFIP)? 1. Recognize that the practice of engineering is involved here, folks! 2. Set measurable Level of Service (LOS) standards. Reference them in your General Plan/Specific Plan. 3. Use the same market forecast that you used in the Fiscal Impact Analysis. 4. Have your engineers do their thing. Incorporate the results into a Capital Improvement Plan (CIP) as defined in Government Code § 66002. 5. Select the means of financing. Give preference to the use of development impact fees, with or without enhancements. Consider the use of tax-free bonds, but be very conservative and careful. 6. Define personal responsibility for implementation. Write these definitions into your PFIP. Remarks by Angus McDonald Page 3 City of San Luis Obispo City Council Workshop on Fiscal Impad Analysis of Annexation August 24, 1993 SPECIFICS OF ANNEXATION IMPACT ANALYSIS Q: Will the City be analyzing the annexation itself or the land use decisions that follow? A: The City will be analyzing the impact of land use decisions that can be anticipated after annexation. The City should be prepared to: • Define land use entitlements, • Define responsibility of landowners to pay for improvements, and • As required, define responsibility of landowners to participate in fiscal impact mitigations. This should be done as part of one comprehensive process. Q: Are you endorsing a separate fiscal impact analysis for each annexation proposal, Angus? A: No, I am recommending that you prepare a Specific Plan that encompasses the amount of land that you expect to annex over a reasonable long-term planning period (e.g., 15-20 years). The Specific Plan includes (of course!) a proper Fiscal Analysis and a CIP/PFIP. Remarks by Angus McDonald Page 4 City of San Luis Obispo City Council Workshop on Fiscal lmpad Analysis of Annexation August 14, 1993 SPECIFICS OF ANNEXATION IMPACT ANALYSIS (Continued) Q: Why? A: Because a project -by -project analysis can be hopelessly misleading. For example, an analysis of a residential project does not properly consider the fiscal effects of residents as employees and employers. An analysis of a Specific Plan picks up the so-called "multiplier effects." In my view, if a Specific Plan, properly analyzed, produces a fiscal target acceptable to the City, then the issue of who did what to whom, fiscally speaking, is immaterial. A balanced Plan that incorporates environmental and social objectives and that has an adequate tax base and an adequate Public Facilities Implementation Plan is pronounced "good." Any project that is consistent with this Specific Plan, accordingly, has alread been subject to a fiscal analysis. If a project is inconsistent, then a Specific Plan amendment is necessary and should be subject to a subsequent fiscal analysis. Q. Why not go all-out and analyze General Plan buildout? A: An analysis much longer than 20 years taxes our ability to make reasonable assumptions. Remarks by Angus McDonald Page 5 City of San Luis Obispo City Council Workshop on Fiscal Impact Analysis of Annexation August 24, 1993 CONVENTIONAL WISDOMS/ NOVEL MITIGATIONS 1. Unfortunately, the conventional wisdoms are frequently true. 2. However, there can be surprisingly high expenses to serve apparent "fiscal winners." 3. My personal crystal ball regarding what the State is going to do does not show a pretty picture. 4. Youair control your fiscal future, at least in part, if you: • Monitor the relationship between land use decisions and fiscal performance. Do this at least annually. • Demand consistency of assumptions and technical approach in fiscal impact studies. • Use benefit assessments if there truly is "special benefit." • Intervene, if necessary. Demand linkages between residential and non-residential uses. Remarks by Angus McDonald Page 6 i City of San Luis Obispo City Council Workshop on Fiscal Impact Analysis of Annexation August 24, 1993 ANGUS N. McDONALD Angus N. McDonald heads the firm of Angus McDonald & Associates, a California corporation specializing in real estate economics and public finance. Mr. McDonald is one of California's most experienced practitioners in all elements of fiscal analysis and public facilities finance. He was the financial consultant to the California Transportation Commission during its first four years after formation. He has consulted to the California Department of Transportation, as well as to the State transportation agencies in Iowa and Hawaii. Mr. McDonald has been responsible for more than 200 evaluations of financial and fiscal impacts for local governments in California. He was responsible for the original edition of the Economic Practices Manual published by the State of California, Office of Planning and Research. He has participated in establishing manuals of practices for fiscal impact analyses for Monterey County, Sacramento County and the City of Rancho Cucamonga. Recent project experience includes technical assistance to a joint city/consultant team that assembled a Capital Improvement Plan totaling nearly $500,000,000. He was responsible for the Laguna Public Facilities Financing Plan in Sacramento County where the cost of public improvements totaled $189,010,000 (January 1, 1986 dollars). The Mello -Roos bond issue that was part of this financing was the largest that had been issued as of that time. He was also responsible, at the same time, for design of the Antelope Development Fee Ordinance in Sacramento County. In this instance, fees rather than bonds were recommended as being more responsive to County requirements and landowner objectives. He has used all of the techniques of finance for public facilities currently available in California. Mr. McDonald has also prepared public facilities financing plans for landowners/developers for recommendation to a public agency. He served as advisor to the Central California Building Industry Association on proposed local development impact fees. Mr. McDonald has written and spoken widely on issues of governmental organization and public finance. In particular, he has emphasized the importance of considering issues of fiscal impact and financing of public improvements at the time when development entitlements are first considered. Mr. McDonald is both a Professional Engineer and a Certified Planner. Page 7 City of San Leis Obispo City Council Workshop on Fiscal Impact Analysis of Annexation August 24, 1993 SOME QUESTIONS ABOUT FISCAL IMPACT ANALYSIS ANSWERS QUESTIONS After Before Workshop Workshop I. Does residential development pay its way? ❑ ❑ YES ❑ ❑ NO ❑ ❑ That's a poorly -formulated question, Angus! 2. Fiscal analysis is best done: ❑ ❑ On a project -by -project basis, as developers and builders file their subdivision maps. ❑ ❑ When Area Plans or Specific Plans are adopted. ❑ ❑ When the General Plan is updated. 3. Rank the following land uses in order of "fiscal attractiveness" (]=Best, 5=Worst) A single-family residence An apartment complex A Sharper Image mail order processing center A "big box" retailer A pharmaceutical research center 4. What role is there in the City's planning process for forecasts of amount and location of development? ❑ ❑ None. That's the private sector's issue. ❑ ❑ Optional ❑ ❑ Essential Prepared by Angus McDonald Page 1 City of San Luis Obispo City Council Workshop on Fiscal Impact Analysis of Annexation August 24, 1993 SOME QUESTIONS ABOUT FISCAL IMPACT ANALYSIS (Continued) ,ANSWERS QUESTIONS After Before Workshop Workshop 5. Can development impact fees help pay for the ongoing cost of services? ❑ ❑ YES ❑ ❑ NO 6. "You can get any answer you want from a focal impact analysis. All you have to do is play games with your assumptions." ❑ ❑ Strongly agree with this statement ❑ ❑ More or less agree with this statement. ❑ ❑ Neutral ❑ ❑ More or less disagree with this statement ❑ ❑ Strongly disagree with this statement Prepared by Angus McDonald Page 2 CITY OF DAVIS 27 -Apr -93 CITYWIDE MUNICIPAL SERVICES COMPANY Updated: 04/27/93 CITIZENS AND EMPLOYEES "MUNICIPAL SERVICES POLICY" FY 1992-93 Final Budget / CITYWIDE EXISTING Compared to GENERAL PLAN UNBUILT (EXCLUSIVE OF USER / REGULATION FEES & OPERATING GRANTS) Citywide Gen Plan PARCEL REVENUE: Existing Unbuilt EXPENDITURES: Subtotal Percent Property Tax $228 $150 City Council $6 0.9% Sales & Use Tax 120 154 City Attorney 10 1.4% State Subventions (Motor Vehicle) 82 45 City Manager/City Clerk 21 3.0% Public Safety Charge 49 46 Finance & Administrative Lighting & Landscaping Services Department 60 8.5% Assessment District 83 57 Community Development Dept. 14 2.0% Municipal Services Tax 45 39 P&CS: Administration 31 Business License Tax 28 49 P&CS: Community Promotion & Transient Lodging Tax 17 0 Education 13 Gas & Electric Franchise 13 8 P&CS: Human Services 11 Cable T.V. Franchise 10 5 P&CS: Parks & Open Space 93 Real Property Transfer Tax 6 59 P&CS: Public Facilities ------ ------ Maintenance 40 TOTAL PARCEL REVENUE 5681 8612 P&CS: City Facilities Maint 0 P&CS: Recreation 40 P&CS P&CS: Cultural Services 3 231 32.8% OPERATING REVENUE: Fire: Admin & Research 12 Charges to other Operating Costs: Fire: Operations 80 - Overhead Support Cost 14 14 Fire: Prevention 13 Fire - In -Lieu Property Tax 5 5 Fire: Training 22 127 18.0% - Enterprise Franchise Fee 4 4 Police: Administration 27 Police: Field Services 100 Investment Earnings, Rent, Lease 8 8 Police: Invest Services 43 Police. Fines & Forfeitures 1 1 Police: Technical Services 66 236 33.5% Other Sources 10 10 Public Works: Administration 2 Public Works: Street Repair/Maint 0 P.W. TRANSFERS: Public Works: Lighting 7 9 1.3% From RDA (Loan repayment 2 of 5) 4 n/a Special Projects 3 0.4% TRANSFER TO FUND BALANCE: (23) (19)1 PROGRAM SUPPORT EXPENDITURES ------ $717 ------ 101.8% ------ ------ Expenditure Savings (13) -1_8% TOTAL REVENUE PER D.U.E. $704 $635 ...... ------ -----------------------------------------------. ====== TOTAL EXPENDITURES PER D.U.E. $704 .100.0% UNRESERVED FUND BALANCE: ESTMATED ------ June 30, 1993 Citywide Citywide Total D.U.E.'s Existing Unbuilt Probable Estimated Unreserved Fund 08/19/92 04/27/93 Buildout Balance July 1, 1992: 852 Residential (avg 2.4 occupants/unit) 18,987 7,992 26,979 Schools (2,357) 0 0 0 Increase of Fund Balance: 23 Commerical (315 sq ft = 1 employee) 3,226 5,848 9,074 ------ Industrial (actual employees / 2.4) 394 174 568 Estimated Unreserved Fund ------ Balance June 30, 1993: 875 Total D.U.E. 22,607 ------ 14,014 ------ 36,621 THE BOTTOM LINE TEL NO.209-295-4184 Aug 24.93 10:56 P.02 a CITY OF DAVIS — 11 -May -93 • CROSSROADS MUNICIPAL SERVICES COMPANY Updated: 04/27/93 A CITIZENS AND EMPLOYEES "MUNICIPAL SERVICES POLICY" FY 1992-93 Final Budget / C17TWIDE EXISTING Compared to SELECTED CASH FLOW PROJECTIONS (EXCLUSIVE OF USER / REGULATION FEES 6 OPERAiING GRANTS) --------------•---_--------------------------------- Citywide PARCEL REVENUE: Existing Property Tax $228 Sales 8 Use Tax 120 State Subvcriliuns (Mulur Vehicle) 82 Public Sufcty Charge 49 Lighting 8 LarxJscaping Assessment Dist: 83 Municipal Services Tax 45 Business Licensc Tax 28 Transient Ledging Tax 17. Gas b Electric Franchise 13 Cable T.Y. Franchise 10 Real Property Trarv:fcr Tax 6 TOTAL PARCEL REVENUE $681 mumu. Citywide D.U.E.'s Eaisling 08/19/92 Residential Cavo 2.4 occupants/unit) 18,987 Sclivula (2,357) 0 Commerical (315 sq ft a 1 employee) 3,226 IrxlustriaL (actual employees / 2.4) 394 Total D.U.E. 22,607 .......... .----------------------------------------•------------------- Citywide N Central Crossroads Crossroads Gen Plan Gen Plan Gen Plan Request 5150 $373 5261 $259 154 126 207 253 45 68 69 66 46 50 46 46 57 109 55 53 39 47 42 42 49 31 18 22 0 0 0 0 8 10 9 9 5 7 7 f 59 107 74 74 ...... ----•- ------ $612 $928 $788 $831 .a..• •euo swam_ .muco Citywide N central Crossroads Crossroads Unbuilt Unbuilt Gen Plan Request 04/27/93 04/27/93 04/27/93 04/27/93 7,992 2,284 1,401 1,466 0 0 0 0 5,848 266 259 346 174 174 0 0 ------ ------ ...... ------ 14,014 2,724 1,660 1,812 u.u. ..u.. •..... euaa. NOTE: Thr Abuve figures cuivarc thu City's existing General Fund Operating support revenues per DUE (1992-93 budget) to the General Plan buildout (2010) revenues and certain General Plan areas anticipated or requested for future buiLd-out. ALL projections are based on present-day valua. Revenues from direct user fees (10, certain recreational activities, building and fire inspections and other regulation activitios) are not included in the above figures because it is assured that all future users will also be charged their equal share. Operating grant revenue is also not included in the above figures because they are considered one-time services. The City's water, sewer, di•dinagc, Wid sanitation enterprise operations are assumed to be self-supporting and balanced (demand and ability to pay versus production and delivery costs), so revenues from those fees are also not included in the above amounts. The enterprise operation fees are designed and structured to cover 100% of their individual mointenonec, operation and rcplaeement costa. Capital asset revenues required to mitigate certain development burden and infrastructure constraints are identified all h Awparate %beet tttled M.Ater DUE Fac Schedule. comporcl.wk3 I tit JOU I I UI"I L11Vt I tL IVU . LUy-LyS-4164 s CITY of DAVIS HUg 24ryJ lU:7b F'.US 11 -May -93 1993.94 Master D.U.E. fee Schedule updated: 04/27/93 Crossroads GnPlen Effective 07/01/93 1993-94 1991.92 Ruadway Valar Drainega Sawar Care Enh Parke Safe Fac Gen Fac Open Sp Tatatfee lotalhee Single -Family 1,797 816 544 494 6 4,356 361 1,596 0 9910 8236 Mutti-Family 1,170 654 245 306 4 4,356 452 1,596 0 8782 7D74 Retail 0 0 0 O 0 0 0 0 0 0 3500 office 2,516 653 435 . 197 42 1,742 633 958 0 6977 3885 Industrial 283 ZBB 167 83 5 152 62 112 0 1152 2053 Business -Park 0 0 0 0 0 0 0 0 0 0 3012 service -Commercial 1,595 658 416 189 46 1,333 798 994 0 6030 3563 Crossroads GnPlan MPFP Projected D.U.E. Cash flow by Tear Development Projections Last Updated 04/27/93 A = AetuoL Revenue Roadway Vater Orairiege Sewer Core Erg) Parks Safa fac Gen fee Open Sp Total adj bat 0 0 0 0 0 0 0 0 0 0 1987-88 A 0 0 0 0 0 0 0 0 0 0 1988-89 A 0 0 0 0 0 0 0 0 0 0 1989.90 A 0 0 0 0 0 0 0 0 0 0 1990-91 A 0 0 0 0 0 0 0 0 0 0 1991-92 A 0 0 0 0 0 0 0 0 0 0 1992-93 224653 102030 67973 61693 712 544472 45149 199559 0 1246241 1993-94 224653 102030 67973 61693 712 544472 45149 199559 0 1246241 1994-95 392191 183964 107119 94054 3290 937825 118924 368981 0 2206348 1995-96 347261 163558 93524 81716 3147 828931 109895 329069 0 1957100 1996-97 329288 155395 88086 76760 3091 785373 106283 313104 0 1857401 1997-98 327587 155379 87400 77247 2921 797462 104898 315515 0 1868409 1998.99 161750 73461 48941 44419 513 392020 32507 143663 0 897293 1999-00 161750 73461 48941 44419 513 39ZD20 32507 143683 0 897293 2000.01 158156 71829 .47853 43432 501 363308 31785 140490 0 877353 2001.02 158156 71829 47853 43432 501 383308 31785 140490 0 877353 2002.03 154561 70197 46765 42445 490 374597 31063 137297 0 857414 2003-04 0 0 0 0 0 0 0 0 0 0 2004-05 0 0 0 0 0 0 0 0 0 0 ZOOS -06 0 0 0 0 0 0 0 0 0 0 2006-07 0 0 0 0 0 0 0 0 0 0 2007-08 0 0 0 0 0 0 0 0 0 0 2008-09 0 0 0 0 0. 0 0 0 a 0 2009-10 0 0 C 0 0 0 0 0 0 0 Total 2640005 1223132 752428 671329 16392 6363787 669944 2431429 0 14788445 Less act. 0 0 0 0 0 0 0 0 0 0 Net Total 2640005 1223132 752428 671329 16392 6363787 689944 2431429 0 14788445 WELCOME TO THE CITY OF DAVIS BIG PICTURE FINANCIAL PLANNING THE DYNAMICS OF FINANCIAL PLANNING Common Sense Realistic Expectations THE OBJECTIVE OF FINANCIAL PLANNING Stating the Real Cost THE GOAL OF FINANCIAL PLANNING Living Within Our Means CITY Y Ue DAVIS MAf R FINANCIAL PLANNING ST" =RE I. CITY POLICY Redevelopment Agency E S P HOUSING PHASED a p I PROJECTS s t e a c n GENERAL I PIAN f i a v c South Davis i Specfic Plan s II. CITY WORK PLANS All work associated with development 5 - YEAR ROILING . ACCEPTED HOUSING PHASED NON -ALLOCATION I ALLOCATION PLAN PROJECTS II. CITY FINANCIAL ACTION PLANS EXPAND & EXTEND PIAN Part 1 MAJOR PROJECTS FINANCING Acquire Additional Assets N. - CITY'S FINANCIAL HEALTH All wort associated with PROPOSED NEW CITY PROJECTS REPIAWRECOND/ENHANCE PIAN Part 2 EXISTING FD® ASSET PIAN Update Existing Assets Comprehensive Annual Financial Report This diagram is also lmown as "Capitalzing The General Plan." Rey to Financial Planning is this area where new and existing projects, including projects with significant scope or financial change, are publically discussedstudied and approved before they are included in MPFP, or Fixed Asset Plans. See New Capital Project Process Diagram. Assets mean all real and Personal property including land, infrastructure, Plant and equipment. IVnr:r*iry i Parr 3 MUNICIPAL SERVICE AND ENTERPRISE OPERATING BUDGETS Maintaining City Assets Economic & Priority Plan Part 4 Cash Flow Plan Pay Cash Or Charge Prepaird by City of Davis Fnancc and Administration Services Department IZ112/92 Monthly PARCEL ACCOUNTING MODE Statistical Development Forecast. Reports Actual Fee Revenue Collected MPFP MAJOR PROJECTS Book FINANCING PLAN MODEL ECONOMIC MODEL Citywide Project Plan Area Comparison Projects PROMODEL.WB1 tLUF'MtN I I Yolo County ODEL Auditor Data 0 Data Sources Data Links Q Reports Prepared by THE BOTTOM LINE 06/16/93 EXHIBIT A HTE Policy Direction TAZ Map Land Use & GENERAL PLAN Land Use Building Permits Specific Plans Database Modules Support Studies City 5 Year Roiling HTE Allocations Revenue Collection Low Cost Module Housing Monthly PARCEL ACCOUNTING MODE Statistical Development Forecast. Reports Actual Fee Revenue Collected MPFP MAJOR PROJECTS Book FINANCING PLAN MODEL ECONOMIC MODEL Citywide Project Plan Area Comparison Projects PROMODEL.WB1 tLUF'MtN I I Yolo County ODEL Auditor Data 0 Data Sources Data Links Q Reports Prepared by THE BOTTOM LINE 06/16/93 �Ny qry Y uu m I Im'm I T`'m �m9 IO 9 mfmlOnmm(O 1 9 m ^ N O I I a m I I d N mqe Ay Co �WEO s.cO me r1 O 5cU1LL C. Woq@:Cb mam O = I °m TO R ° ° Cl c. 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G QaQa aIL iSE IL IL n I'c iEsE a=L„a nc m m `o `oU n�n S'QUUCu If IL Q`iia`daUa z i 1 11 mY Q li —6 — a W Ill U z a z LL a CITY OF DAVIS MAJOR PROJECTS FINANCING PLAN AUTHORIZED PROJECT Project Approval Date: 02/07/90 Program No: 8131 Project No: A.31 Last Revision Date: 12/14/92 Gen. Plan: 4.1E Specific Plan: Number of Revisions: 3 EIR Type: EIR Date: PROJECT: SERVICE STANDARD: DESCRIPTION: AUTHORIZED BUDGET COST: BURDEN NEXUS: Area Source FINANCING SOURCES: START CRITERIA: TARGET DATES AND CASH FLOW PHASING: 1. Action within 10 yrs: Covell Boulevard Reconstruct: Lake Boulevard to Hwy. 113 Major arterial Volume/capacity LOS - existing: B; minimum: D Major reconstruction of Covell Boulevard from Lake Boulevard to State Route 113. Reconstruction to include removal of pavement and base rock. $869,648 WD 100% Davis Public Works Department 1.) D.U.E. Fees: 98% 2.) Pre-MPFP Dev. Contr.: 2% The reconstruction is to be completed by 2005. 1. Project Stages: COSTS Master Planning: Prelim. Engin./Prjct Devlpmt: 60.000 Design: 69.572 Construction: 740.076 $851,452 18,196 START COMPLETION 1999/2000 2000/2001 2000/2001 1999/2000 2000/2001 2002/2003 2. Action after 10 yrs: 2. Targets: ESTIMATED ANNUAL M & 0: $ 21.500 Replacement: $ 28.000 M&O AND REPLACEMENT COSTS: Operating Budget Program d: 7252 Apprx. Prjct Life: 25 veers Funding Source: M & O: Transportation Funds Replacement: Transportation Funds STATUS: On Schedule Roadways 1-56-� —7— , CITY OF DAVIS MAJOR PROJECTS FINANCING PLAN AUTHORIZED PROJECT (Estimated Cost Breakdown in Current Dollars) PROJECT NAME: Covell Blvd. Reconstruct: TOTAL COST: $869,648 Lake to Hwy 113 - 8131 PROJECT NO: A.31 I PROJECT MANAGER: W. Marshall - Unit of Unit Cost Item Measure Cost Quantity = Cost 1. Excavation & Grading, (1.5' Deep) 2. Paving 3. Adjust Manholes Subtotal: Contingencies Design Fee Administration Municipal Arts (D.U.E. Fees) Municipal Arts (Pre-MPFP Development Contributions) Total: CY $21.66 10,700 SY 21.66 21,300 Ea. 324.90 8 Source: City of Davis, Copley and construction cost index for 1992 $231,762 = 461,358 = 2,599 $695,719 62,614 69,572 _ 34,786 6,818 139 $869,648 Roadways a - 1 ¢ m e � . M All 1{i M N z O . 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Updated 04/26/93 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa 'otal NIC 3373000 1531696 1020683 926558.7 10691..39 8176456.4 678054.05 2996949.9 0 /87/3080 W/D 1221832 548352 519274.8 337756.6 3806.42 1893761.2 243896.78 1034309.5 0 5802992.9 CID 138059.5 68416.22 38447.44 58145.02 587.1824 311229.41 38455.102 168352.33 0 841692.18 E/D 351253..5 124166.3 2478.333 69893.6 946.44 367856.54 63033.251 235817.14 0.1215445.2 ED/M 1315521 1109331 22786.19 717332.6 7962.193 5347920 503688.53 2225411.6 C 11750352 C/A 0 0 0 0 0 0 0 0 0 0 SID 1166818 688443 16187.65 474100 5993.466 2914579.6 381362.39 1572556.8 0 7220040.8 Total 8066883 4090404 1619857 2583789 29987.09 19011803 1908492.1 8233297.3 0 45544512 MULTI FAMILY 4657.161 General Plan/MPFP Projected Cash Flow "Uncollected Revenue" Updated 04/28/93 0 451622.26 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total NIC W/D CID E/D ED/M C/A SID Total RETAIL NIC W/D CID E/D ED/M C/A SID Total OFFICE - NIC W/D CID E/D ED/M C/A SID Total 476209.4 266027 99512.44 124396.8 1509.441 1772945 183872.95 649823.08 819731.7 452312.9 2413D1.5 216108.3 2553.686 1952606.8 314519.19 1066449 277459.3 218036.1 53378.46 111209.4 1180.066 960883.05 148593.55 519767.37 187335.2 81272.5 916..2315 35582.21 504.765 300973.54 64561.347 192941.3 428087.8 322254.2 3725.465 161468 1876.995 1939891.9 228287.76 807240.55 345804 169382.7 1782.688 100297.3 892.1576 739185.14 108452.77 385433.28 343181.7 249511.6 3302.033 133143..9 1762.754 1319027.1 215647.03 711678.94 2877809 1758797 403918.8 882205.9 10279.86 6985512.6 1263934..6 4333333.6 General Plan/MPFP Projected Cash Flow "Uncollected Revenue" 0 3574296.1 0 5065583.1 0 2290507.4 0 864087.09 0 3892832.7 0 1851230 0 2977255.1 0 20515791 Updated 04/28/93 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total 0 0 0 0 0 0 0 0 0 0 48321.02 24009.76 21269.73 7155.904 1381.696 26748.038.24114.285 29217.782 0 182218.22 0 0 0 0 0 0 0 0 0 0 136243.8 51924.1 991.3392 13978.71 3326.882 49047.538 60741.137 64313.755 0 380567.25 80093.84 53990.24 1039.672 16365 3221.209 81337.186 55539.799 69385.45 0 360972.4 635150.1 275129.9 4858.711 101013.7 14942.29 304177.96 257910.62 322331.38 0 1915514.7 99633.4 64010.84 1412.96 21141.08 4657.161 85722.942 81048.551 93995.327 0 451622.26 999442.2 469064.8 29572.42 159654.4 27529.23 547033.67 479354.39 579243.7 0 3290894.6 General Plan/MPFP Projected Cash Flow "Uncollected Revenue" Updated Roadway Water Drainage Sewer. Core Parks Safe/fa Gen/fac OpenSpa Total 12579.12 3264.136 2175.136 987.276 210.7495 8712.26 2167.461 4789.8505 0 34885.985 270942.9 62735.19 57208.25 1860'5.34 4424.659 96292.942 44439.186 106644.9 0 661293.35 65678.78 21460.25 9331.903 6774.175 1482..19 33238.092 15307.374 37593.24 0 190866 0 0 0 0 0 0 0 0 0 0 388040.8 122321.6 2408.574 38184.99 8937.033 260279 88480.644 221695.01 0 1130347.7 475186.4 97324.86 1747.734 35820.46 6445.465 150453.61 63615.409 160312.96 0 990906.86 0 0 0 0 0 0 0 0 0 0 1212428 307106.1 72871.6 100372.2 21500.1 548975.9 214010.07 531035.95 0 3008299.9 /0 04/28/93 18 -May -9. ITY CF DAVIS INDUSTRIAL General Plan/MPFP Projected Cash Flow "Uncollected Revenue" Undated 04/29/93 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OoenSoa Total N/C 113212 115060.9 66885.44 33071.76 1896.76 60985_8 24925.8 44705.24 0 460745.64 W/o 0 0 0 0 0 0 0 0 0 0 C/D 0 0 0 0 0 0 0' 0. 0 0 E/D 0 0 0 0 0 0 0 0 0 0 Tw/M C 0 0 0 0 0 0 0 0 0 C/A 0 0 0 0 0 0 0 0 0 0 S/D 0 0 0 0 0 0 0 0 0 0 Total 113212 115060.8 66885.44 33073.76 1896.76 60985.8 24925.8 44705.24 0 460745.64 BUSINESS PARK General Plan/MPFP Projected Cash Flow "Uncollected Revenue" Updated 04/28/93 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total NIC 0 0 0 0 0 0 0 0 0 0 W/D 24160.51 13941.15 12468.46 3816.483 403.2182 18723.628 8267..7562 20452.447 0 102233.66 C/D 0 0 0 0 0 0 0 0 0 0 E/D 406602.6 178348 3394.583 47866.52 5735.999 198419.6 123392.42 261542.64 0 1225302.3 ED/M 1374024 1044374-20394.93 321299.6 31588.46 1899223.4 645410.86 1614481.1 0 6950795.6 C/A 0 0 0 0 0 0 0 0 0 0 S/D 580087.8 425868 9522.118 139441.2 15620.58 680252.94 320937.76 748976.75 0 2920709 Total 2384874 1662531 45780.1 512423.8 53348.25 2796619.6 1098008.8 2645454.9 0 11199041 SERVICE COMMERCIAL General Plan/MPFP Projected Cash Flow "Uncollected Revenue" Updated 04/28/93 Roadway water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total NIC 312680.9 128933.4 81567.61 37022..67 9010..963 261367.8 156418.45 194787.25 0 1181789.2 W/D 0 0 0 0 0 0 0 0 0 0 C/D 0 0 0 0 0 0 0 0 0 0 E/D 12772.86 3762.616 75.1009 1270.793 315.4802 4458.867 5730.2966 5716.7796 0 34102.788 ED/M 147759.3 81828.96 1594.164 25093.01 5879.316 150473.81 101886.8 126924.6 0 641439.98 C/A 0 0 0 0 0 0 0 0 0 6 S/D 334325.4 179622.3 4023.868 58925.11 15671.75 287586.65 272453.41 316301.75 0 1468910.2 Total 807538.5 394147.2 87260.75 122311.8 30877.51 703887.12 536488.96 643730.37 0 3326242.1 CITYWIDE General Plan/MPFP Projected Cash Flow "Uncollected Revenue" Updated 04/28/93 Roadway water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total NIC 4287681 .2044981 1270823 1122039 23319.31 10280467 1045438.7 3890955.3 0 23965706 B/D 2384988 1101351 851522.8 583444.6 12569.68 3988132.6 635239.19 2257073.7 0 11814321 C/D 481197.6 327912.6 101157.8 176128.6 3249.439 1305350.6 202356.02 725712.94 0 3323065.6 E/D 1094208 439473.5 7855.587 168591.8 10829.57 920756.09 317458.45 760331.61 0 3719504.6 ED/M 4233926 2734099 51948..99 1279743 59465.2 9679125.3 1623294.4 5065138.3 0 24726741 C/A 1456140 541837.4 8389.133 237131..5 22279.91 1193816.7 429978.8 868077.62 0 4757651.5 S/D 2524046 1607456 34448.63 826751.2 43705.71 5287169.5 1271449..1 3443511.6 0 15038537 Total 16462187 8797111 2326146 4393830 175418.8 32654818 5525214.7 17010801 0 87345527 -e-May-93 Forth Central Davis LAND USE PROJECTED CASH FLOW "UNCOLLECTED REVErUE" Updated 04/28/93 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OoenSpa Total S -F 3373000 1531696 1020683 925558.7 10691.39 8176456 678054 2996650 0 187/3989 M -F 476299.4 266027 99512.44 :24396.8 1509.441 1772945 183873 649823.1 0 3574296 Retail 0 0 0 0 0 0 0 0 0 0 Office 12579.12 3264.136 2175.136 997.276 210.7495 8712.26 2167.461 4789.851 0 34885.98 Indust. 113212 115060.8 66865.44 33073.76 1896.76 60985.9 24925.9 44705.24 0 460745.6 Bus -Park 0 0 0 0 0 0 0 0 0 0 Serv-Com 312680..9 128933.4 81567.61 37022.87 9010.963 261367.8 156418.4 194787.3 0 1181789 Total. 4287681 2044981 1270823 1122039 23319.31 10280467 1045439 3890955 0 23965706 West Davis LAND USE PROJECTED CASH FLOW "UNCOLLECTED REVENUE" Updated 04/28/93 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total S -F 1221832 548352 519274.8 337758.6 3806.42 1893761 243898.8 1034309 0 5802993 M -F 819731.7 452312.9 241301.5 216108.3 2553.686 1952607 314519.2 1066449 0 .5065583 Retail 48321.02 24009.76 21269.73 7155..904 1381.696.26748.04 24114.28 29217.78 0 182218.2 Office 270942.9 62735.19 57208.25 18605.34 4424.659 96292.94 44439.19 106644.9 0 661293.3 Indust. 0 0 0 0 0 0 0 0 0 0 Bus -Park 24160.51 13941.15 12468..46 3816.483 403.2182 18723.63 8267.756 20452.45 0 102233.7 Serv-Com 0 0 0 0 0 0 0 0 0 0 Total 2384988 1101351 851522.8 583444.6 12569.68 3988133 635239.2 2257074 0 11814321 Central Davis LAND USE PROJECTED CASH FLOW "UNCOLLECTED REVENUE" Updated 04/28/93 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total S -F 138059.5 88416.22 38447.44 58145.02 587.1824 311229.4 38455.1 168352.3 0 841692.2 M -F 277459.3 218036.1 53378.46 111209.4 1180.066 960883 148593.5 519767.4 0 2290507 Retail 0 0 0 0 0 0 0 0 0 0 Office 65678.78 21460.25 9331.903 6774.175 1482.19 33238.09 15307.37 37593.24 0 190866 Indust. 0 0 0 0 0 0 0 0 0 0 Bus -Park 0 0 0 0 0 0 0 0 0 0 Serv-Com 0 0 0 0 0 0 0 0 0 0 Total 481197.6 327912.6 101157.8 176128.6 3249.439 1305351 202356 725712.9 0 3323066 East Davis LAND USE PROJECTED CASH FLOW "UNCOLLECTED REVENUE" Updated 04/28/93 Roadway Water Drainage Sewer Core Parks Safe/£a Gen/fac OpenSpa Total S -F 351253.5 124166.3 2478.333 69893.6 946.44 367856.5 63033.25 235817.1 M -F 187335.2 81272.5 916.2315 35582.21 504.765 300973.5 64561.35 192941.3 Retail 136243.8 51924.1 991.3392 13978.71 3326.882 49047.54 60741.14 64313.76 Office 0 0 0 0 0 0 0 0 Indust. 0 0 0 0 0 0 0 0 Bus -Park 406602.6 178348 3394.583 47666.52 5735.999 198419.6 123392.4 261542.6 Serv-Com 12772.86 3762.616 75.1009 1270.793 315.4802 4458.867 5730.297 5716.78 Total 1094208 439473.5 7855.587 168591.8 10829.57 920756.1 317458..4 760331.6 0 1215445 0 864087.1 0 380567.2 0 0 0 0 0 1225302 0 34102.79 0 3719505 _ 9 CITY cr :AVIS East Davis Mace Roadway LAND USE PROJECTED CASH FLOW "UNCOLLECTED REVENUE" Core Updated 04/28/93 Gen/fac Roadway Water Drainage Sewer Core 1619857 Parks Safe/fa Gen/fac Open -Spa .ctal 0 S -F 1815921 1109331 22786.19 717332.6 7962.193 10279.86 5347920 503688.5 2225412 0 11750352 Retail M -F 428087.8 322254.2 3725.465 161468 1876.995 479354.4 1939892 228287.8 807240.6 0 3892833 307106.1 Retail 80093.84 53990.24 1039.672 16365 3221.209 0 61337.19 55539.8 69385.45 0 360972.4, 33073.76 Office 388040.8 122321.6 2408.574 38184.99 8937.033 Bus -Park 260279 88480.64 221695 0 1130348 2796620 Indust.. 0 0 0 0 807538.5 0 0 0 0 0 0 643730.4 Bus -Park 1374024 1044374 20394.93 321299.6 31*588.46 4393830 1899223 645410..9 1614481 0 6950796 87345527 Serv-Com 147759.3 81828.96 1594.164 25093..01 5879.316 150473.8 101886.8 126924.6 0 641440 Total 4233926 2734099 51948.99. 1279743 59465.2 9679125 1623294 5065138 0 24726741 Core Area LAND USE PROJECTED CASH FLOW "UNCOLLECTED REVENUE" Updated 04/28/93 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total S -F 0 0 0 0 0 0 0 0 0 0 M -F 345804 169382.7 1782.688 100297.3 892.1576 739185.1 108452.8.385433.3 0 1851230 Retail 635150.1 275129.9 4858.711 101013.7 14942.29 304178 257910.6 322331.4 0 1915515 Office 475186.4 97324.86 1747.734 35820.46 6445.465 150453.6 63615.41 160313 0 990906.9 Indust. 0 0 0 0 0 0 0 0 0 0 Bus -Park 0 0 0 0 0 0 0 0 0 0 Serv-Com 0 0 0 0 0 0 0 0 0 0 Total 1456140 541837.4 8389.133 237131.5 22279.91 1193817 429978.8 868077.6 0 4757652 South Davis LAND USE PROJECTED CASH FLOW "UNCOLLECTED REVENUE" Updated 04/28/93 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total S -F 1166818 688443 16187.65 474100 5993.466 2914580 381362.4 1572557 0 7220041 M -F 343181.7 249511.6 3302.033 133143.9 1762.754 1319027 215647 711678.9 0 2977255 Retail 99633.4 64010.84 1412.96 21141.08 4657.161 85722.94 81048.55 93995.33 0 451622.3 Office 0 0 0 0 0 0 0 0 0 0 Indust. 0 0 0 0 0 0 0 0 0 0 Bus -Park 580087.8 425868 9522.118 139441.2 15620.58 680252.9 320937.8 748978.8 0 2920709 Serv-Com 334325.4 179622.3 4023.868 58925.11 15671.75 287586.6 272453.4 316301.7 0 1468910 Total 2524046 1607456 34448..63 626751.2 43705.71 5287169 1271449 3443512 0 15038537 Citywide LAND USE PROJECTED CASH FLOW "UNCOLLECTED REVENUE" Updated 04/28/93 -/3 - 0 Roadway Water Drainage Sewer Core Parks Safe/fa Gen/fac OpenSpa Total S -F 8066883 4090404 1619857 2583789 2998T.09 19011803 1908492 8233297 0 45544512 M -F 2877809 1758797 403918.8 882205..9 10279.86 8985513 1263935 4333334 0 20515791 Retail 999442.2 469064.8 29572.42 159654.4 27529..23 547033..7 479354.4 579243.7 0 3290895 Office 1212428 307106.1 72871.6 100372.2 21500.1 548975.9 214010.1 531036 0 3008300 Indust. 113212 115060.8 66885.44 33073.76 1896.76 60985.8 24925.6 44705.24 0 460745.6 Bus -Park 2384874 1662531 45780.1 512423.8 53348.25 2796620 1098009 2645455 0 11199041 Serv-Com 807538.5 394147.2 87260.75 122311.8 30877.51 703887.1 536489 643730.4 0 3326242 Total 16462187 8797111 2326146 4393830 175418.8 32654818 5525215 17010801 0 87345527 -/3 - 0