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Attachment C 2025 COMPARTATIVE ANALYSIS -PROPER For comparative purposes, the below scenarios provide an estimate of what it would cost a property owner if 1) a franchise fee were imposed or 2) if a property tax levy increase were imposed, in order to generate $395,000 of revenue for the City. The below tables are based on 2025 estimated property tax values. RESIDENTIAL HOMEOWNERS A $480,900 median residential homeowner would see an increase of: • $3.00 per month on their utility bill under an electric -only franchise fee scenario -or- * $9.21 per month on their property tax bill under a bonding scenario, where property taxes are levied to pay back the bond Note: It would cost a residential homeowner a fixed monthly rate of $3.00 for the next 15 years. If property taxes were levied, residential homeowners would pay more than $9.21 per month for the next 15 years. Property taxes are based on a homeowner's estimated market value, where valuations are likely to increase year over year. MONTHLY Impact on Homeowners Franchise Fee and/or Property Tax Increase Home Cost per Home - $395,000 Revenue Target 2025 Preliminary Market Franchise Fee 2025 Property Tax Property Tax (15.5%) Value Electric Only Increase Increase #of Homes %of Homes $ 195,100 $ 3.00 $ 3.35 $ 6.27 135 5.1% $ 292,700 $ 3.00 $ 5.37 $ 10.17 336 12.7% $ 480,900 $ 3.00 $ 9.21 $ 17.62 983 37.1% $ 542,100 $ 3.00 $ 11.03 $ 20.76 343 12.9% $ 623,400 $ 3.00 $ 12.94 $ 24.46 313 11.8% $ 769,300 $ 3.00 $ 16.37 $ 31.11 344 13.0% $ 920,700 $ 3.00 $ 19.95 $ 38.01 86 3.2% $ 1,027,500 $ 3.00 $ 22.45 $ 42.87 24 0.9% $ 2,230,600 $ 3.00 $ 50.77 $ 97.67 79 3.0% $ 3,443,700 $ 3.00 $ 79.31 $ 152.92 6 0.2% Each monthly scenario would generate $395,000 annually 1 2,649 100.0% 1: In a bonding scenario, the City would generate City revenues to pay back the bond. The payback would include both principal and interest amounts. This bonding scenario assumes a $4.65M bond issued, at a 3.28670% interest rate, paid back over 15 years, with fixed annual payments of $395,000. Total cost to the City is $5,902,755, which includes $1,252,755 of interest costs. MANUFACTURED HOMEOWNERS A $38,100 average manufactured homeowner would see an increase of: • $3.00 per month on their utility bill under an electric -only franchise fee scenario -or- * $1.56 per month on their property tax bill under a bonding scenario, where property taxes are levied to pay back the bond Franchise Fees Page 1