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MONTHLY Impact on Manufactured Homeowners (MH) <br />Franchise Fee and/or Property Tax Increase <br />Home <br />Cost per Home - $395,000 <br />Revenue Target <br />2025 Preliminary <br />Market <br />Franchise Fee <br />202SProperty Tax <br />Property Tax (15.5%) <br />Value <br />A - Electric Only <br />Increase' <br />Increase <br />$2.30 <br /># of Homes <br />57 <br />Total <br />$ <br />Cost <br />67.83 <br />$ 5,400 $ 3.00 $1.19 <br />$ <br />13,400 <br />$ <br />3.00 <br />$1.28 <br />$2.48 <br />54 <br />$ <br />69.12 <br />$ <br />27,700 <br />$ <br />3.00 <br />$1.45 <br />$2.80 <br />54 <br />$ <br />78.30 <br />$ <br />38,100 <br />$ <br />3.00 <br />$1.56 <br />$3.02 <br />54 <br />$ <br />84.24 <br />$ <br />56,600 <br />$ <br />3.00 <br />$1.77 <br />$3.43 <br />54 <br />$ <br />95.58 <br />$ <br />177,200 <br />$ <br />3.00 <br />$4.131 <br />$7.77 <br />1 <br />$ <br />4.13 <br />Each monthlyscenario would generate$395,000annually <br />1: Includes an equal share of MH Park Land Property Taxes <br />274 <br />$ <br />399.20 <br />APARTMENT RENTER <br />A $29,300,000 apartment complex would see an increase of: <br />• $279.00 per month on their utility bill under an electric -only franchise fee scenario, assuming the <br />apartment complex is metered similarly to a commercial property -or- <br />* $2,875.31 per month on their property tax bill under a bonding revenue, where property taxes are <br />levied to pay back the bond. The property tax levy would impact each rental unit differently, based <br />upon number of units per apartment building. <br />Note: The franchise fee increase would be dependent upon how the property is metered. For example, if <br />an apartment building has a single meter, it would be treated as a commercial property and would be <br />assessed the commercial rate. If each unit has a separate meter, then each resident would be assessed <br />the residential rate. The below are estimates only. <br />MONTHLY Impact on Apartment Renters <br />Franchise Fee and/or Property Tax Increase <br />Cost per Complex - <br />$395,000 Revenue Target <br />2025 Preliminary <br />Cost per Unit <br />Franchise Fee <br />2025Property Tax <br />Property Tax (15.5%) <br />Property Tax <br />Est. Per Unit <br />Est. #of <br />Market Value <br />A - Electric Only <br />Increase <br />Increase <br />Increase <br />Units <br />Property Name <br />$ 803,600 <br />$ <br />4.00 <br />$ 79.95 <br />$ 95.44 <br />$ <br />19.99 <br />4 <br />Meatballs Properties (4-Plex) <br />$ 5,205,400 <br />$ <br />22.25 <br />$ (35.03) <br />$ 77.36 <br />$ <br />(0.95) <br />37 <br />Edgewater Estates <br />$ 7,249,900 <br />$ <br />22.25 <br />$ (277.61) <br />$ (120.22) <br />$ <br />(4.63) <br />60 <br />Cottage Villas of Arden Hills <br />$ 29,300,000 <br />$ <br />279.00 <br />$ 2,875.31 <br />$ 3,518.12 <br />$ <br />19.69 <br />146 <br />New Perspective Senior Living <br />$ 22,549,200 <br />$ <br />279.00 <br />$ (100.10) <br />$ 394.10 <br />$ <br />(1.03) <br />97 <br />Round Lake Senior Living <br />$ 37,780,200 <br />$ <br />279.00 <br />$ 258.71 <br />$ 1,088.21 <br />$ <br />0.63 <br />410 <br />Presbyterian Homes AH Inc <br />Each monthly scenario would generate $395,000 annually and <br />$ <br />5.62 <br />Average Cost Per Unit <br />assumes a commercial rate is assessed <br />Franchise Fees Page 2 <br />