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CITY OF EVERETT FISCAL ANNEXATION ANALYSIS <br /> Exhibit 9 <br /> Total Deficit/Surplus as Percent of Total City Budget <br /> 20.0%- --------— _._.._�.. -- — — — <br /> - - - •No Annex <br /> 15.0% <br /> Scenario 1 <br /> 10.0%• <br /> -Scenario 2 <br /> 5.0%' <br /> - - - - - - . - , - - Scenario 3 <br /> 0.0% <br /> �= r <br /> 211. _ - 2012 -2015 201: 2021 2024 2027' Scenario 4 <br /> -Scenario 5 <br /> -10.0% <br /> Scenario 6 <br /> -15.0%' <br /> -Scenario 7 <br /> -20.0%— -- — — — — --— -- ----- <br /> Source:Berk&Associates analysis, 2008 <br /> The key challenge the City faces in considering various annexation options is that the type and mix of <br /> land uses in all of the potential annexation areas generates lower revenues per capita than the current <br /> overall city average. The City must apply its current tax structure to the annexed area, allowing for little <br /> control over the revenue received. As evident in Exhibit 8, the revenues per capita for the annexation <br /> areas are much lower than for the City of Everett. <br /> EL Final Report:October 2008 Page 16 <br />