Laserfiche WebLink
<br />Step 2 - Calculate Future Tax Capacity <br /> <br /> <br /> <br />Tax capacity is determined by multiplying the assessed value times the tax class rates for each <br />type of development. The table below shows-how the tax capacity is determined for both the <br />residential and nonresidential prototype projections in under the ~ends scenario Ci:r FAZ 3. <br />Only the tax capacity projections to the year 2007 are shown, although the table c ntinues to <br /> <br />2020. I A~ lJ J .. ~. <br /> <br />\)_ ~ q lO ~ <br />"''''.0''''""'''''""' ~~..;. ~/ 0 V~~) <br /> <br /> <br /> <br />,.~ R"id<"".ICI.ssRaT<:, ~"575K 17% ....57.1K <br />,lit ~ Re[,.li~ Class Riue: ).4~q.- based on ildjustmtRl cilkuLilted below <br />~ Ollic!; CliI'i'i R.ilLc: 3,46i)- b...scd 01'1 adjustmcm cdculut.;d bt:!Clw <br />IlId.lflu ClilS$ Rille: 3.J6'~ b';&5Cd 011 ildjustmenl Cil~.cuLiI[ed <br /> <br /> YC:i;I(.> 1999 2000 2004 2oo~ )006 <br /> SINGLE fAMILY DU SO 50 SO 50 50 50 <br /> MEDIUM DENSITY DU SO 50 SO 50 50 SO <br /> HIG H DENSITY DU SO 5100 $700 S700 5600 5600 <br /> TOTAL DU., SO 5100 5700 5100 5600 5600 <br />NDftrt;ridrntitll I, TJpt RETAIL (., SO S)041 526,341 $26,.)41 526,341 526,J41 S26,)41 $26,242 S!6.:!.;2 <br /> OfFICE \ft'{L' $0 56~.111 56$,111 S65,III $65,111 565,111 56$,111 56$,089 565.089 <br /> IND/fI.EX SO 5JQ.972 $J9.972 539,972 539,972 S39,972 S39,972 UO .073 540.073 <br /> TOT NR SO UJI,424 $ IJ 1.424 S131.424 51) 1,424 5131424 $131424 51) 1.403 51J1..03 <br /> CUM L DU AND NR SO $I )2,124 5264.24g 5396,372 $528,496 S660,620 $ 792,744 5924.747 $ 10$6 1'9 <br /> <br /> <br />to l50K <br />to L50K <br />[01.501<. <br /> <br />MO'f <br />3.50'<' <br />3.50'f <br /> <br />Q,.tr L~OK <br />O....cr I.'OK <br />Over L50K <br /> <br />.7 <br /> <br />Non-R.rsld.rnUIIII AdJu5trd ClOlss k..lf C/llL(~1:atinn <br /> <br />R~JQiI <br />O/fir< <br />lnd/Flu <br /> <br />300 <br />50"0 <br />60.0 <br /> <br />Avcralc Site I KSF. <br />A\Cen..se Site iKSFI <br />Av;n-J( Siu: .XSFI <br /> <br />),AY;I- Avona c:: R~t:Ji.1 Cbu RaH: er Pilrcel <br />JA.5~ AIr'~ral!:~ Rl:ta~1 Chss Rate oC:r P;ircel w/PoC':f'&onal Pro crt <br /> <br />),46% A"'~nu:.t Office Class Rate c:r P'.mel <br />J.46';f Avc:ral![: Office Clan ROlle c-r Parcel w/Personal Pro n <br /> <br />3.46'-" AVCfaE'e-lnd.Ael. Class Rnl: f Pared <br />3.46~ AIJU;1E''I: Ind.Acli Clus R.ilI~ r Pared wlPersomd Pro n <br /> <br />PtrSltntJl PNlptrf1 Adjlut"'tnt <br />Canunlt!\d Tn C'pilcl~)' <br />PetliOnll1 Propenv Tn. CapacilY <br />Total <br /> <br />521.924,146 <br />$0 <br />$21,924,146 <br /> <br />100.0% <br />-0,0% mod exempt per discuuion wilh SUlIe: <br />100.0% <br /> <br />AdjustC'd Avcrolgc:: Retllil CI:.I'i$ Ralr:: <br />Adjulilr.:-d Avera,I: Orfice CI.II':I- Ridc~ <br />Adju!iled Averase: 1m1/FJ-=",- Chlss Rue: <br /> <br />34~'<' <br />J46'<' <br />Jc46'>' <br /> <br />1. The class rate for single fami <br />the first $75,000 of assesse <br />apartments, the class rate' <br />for future single family an <br /> <br />Page 34 <br /> <br />Tischler & Associates, Inc. <br />