Laserfiche WebLink
CITY OF EVERETT FISCAL ANNEXATION ANALYSIS <br /> Exhibit 4 <br /> Long-Term Fiscal Model Schematic <br /> At :-,.--=' LAND B -..r . _~ t, <br /> (Current City and Annexation Areas) ,r <br /> Identify vacant and redevelopable land based on parcel- x,; <br /> I; level review of zoning,land use and current values. <br /> • <br /> Scenarios based on%of maximum buildout,pace of `i' <br /> growth,and r <br /> COMMERCIAL RESIDENTIAL <br /> Square Footage,Type,Scale, Housing Mix,Type <br /> Timing,Tenant Mix and Density <br /> Employment Housing Units <br /> New Retail Activity Population <br /> I <br /> TAX BASE SERVICE DEMAND <br /> Assessed Value Direct Service Impacts <br /> Taxable Retail Sales Estimate direct impacts based on <br /> Business Income key service drivers(population, <br /> Utility Usage employment,land area,other)by <br /> Population-based department. <br /> Employment-based <br /> Development-related "/ \✓ <br /> Other Indirect Service Impacts <br /> 7� Estimate indirect impacts based <br /> Set Tax and Fee Policies on relationship to direct impacts. <br /> Set Level-of-Service Policy <br /> REVENUES V <br /> L- - <br /> SERVICE COSTS <br /> NET FISCAL IMPACT <br /> Estimate State Sales Tax <br /> Credit <br /> 1 <br /> CAPITAL NEEDS <br /> Source:Berk&Associates <br /> EL Final Report:October 2008 Page 6 <br />