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<br />Fiscallmpacf Analysis of Five Growth Scenarios <br /> <br />Calvert County, Maryland <br /> <br />Average Annual Projected Housing Unit Increases by SCenario <br />Calvert County, Maryland <br /> <br /> 1998--2005 2005-2010 2010-2015 2015-2020 Net Increase <br />SCenario Avg. Ann. Inc. Avg.Ann.lnc. Avg. Ann. Ine. Avg. Ann. Inc. 1998-2020 <br />Current Trends 651 934 1,022 1,042 19,548 <br />Hign Economic Development 651 934 1,022 1,042 19,548 <br />Constrained Growth 454 447 441 349 9,365 <br />Slowed Growtn One 650 661 670 680 14,606 <br />Slowed Growth Two 650 661 670 680 14,606 <br />. Average Annual Increases are yearty totalS. <br />Net increases are the sum of average 8MuaI mu . . the number of vears in the time Deriod. <br /> <br />The current estimate of 25,112 housing units in Calvert County is projected to <br />increase by 19,548 units, or 78%, under the Current Trends and High Economic <br />Development scenarios. On an average annual basis, housing units increase at <br />faster rates later in the analysis time period (i.e. 651 annually from 1998 to 2005 and <br />1,042 annually during the 2015 to 2020 period). Housing unit growth under <br />Constrained Growth is projected to increase by 9,365 units, or 37%. On an annual <br />average basis, housing unit growth slows gradually, from an average annual rate of <br />454 from 1998 to 2005 to a slower rate of 349 annually during the 2015 to 2020 <br />period. Housing unit growth under the two Slowed Growth scenarios is projected to <br />increase by 14,606 units, or 58%. On an average annual basis, housing unit growth <br />increases slightly during each time period, from 650 annually in the beginning period <br />to 680 annually at the end. This is a result of the decreasing household size <br />assumed throughout the analysis period. <br /> <br />3. Nonresidential Square Footage . <br /> <br />The current nonresidential square footage is estimated at 3.1 million in Calvert <br />County. Of this amount, 1.4 million square feet is estimated for retail, 472,000 <br />square feet is estimated for office, and 1.2 million square feet is estimated for <br />industriaVflex. The table below contains detailed information pertaining to '"net <br />nonresidential square footage increases and average annual inaeases. <br /> <br />13 <br /> <br />Tischler & Associates, Inc. <br />