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HomeMy WebLinkAboutPermits and Property Taxes - 5 year forecastEstimated Estimated Estimated Estimated Estimated Estimated 14/15 15/16 16/17 17/18 18/19 19/20 Permits/Fees # new homes - avg value $1.2M 50 50 50 40 40 40 Revenue at $20K/permit $1,000,000 $1,000,000 $1,000,000 $800,000 $800,000 $800,000 $1,000,000 SUB TOTAL $1,000,000.00 $1,000,000.00 $2,000,000.00 $800,000.00 $800,000.00 $800,000.00 Granada lots $10/ea $440,000.00 $400,000.00 SUB TOTAL $0.00 $440,000.00 $400,000.00 $0.00 $0.00 $0.00 # new homes 30 30 Revenue at $10K/permit $300,000 $300,000 Major commercial 1 1 Revenue at $200K/permit $200,000 $200,000 Small Commercial 3 3 Revenue at $10K/permit $15,000 $15,000 SUB TOTAL $0.00 $515,000.00 $515,000.00 $0.00 $0.00 $0.00 TOTAL $1,000,000.00 $1,955,000.00 $2,915,000.00 $800,000.00 $800,000.00 $800,000.00 Property Tax Average home value 1,200,000$ Two years from date of permit Tax amount:0.15684 # new homes 50 50 50 40 Property Tax revenue $94,104 $94,104 $94,104 $75,283 COMMERCIAL - $100,000,000 $156,840 TOTAL $94,104.00 $94,104.00 $250,944.00 $75,283.20 COMMERCIAL ENTRADA TOTAL HOMES 5 Year Forecast TOTAL HOMES