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<br />2. Generated 49-House
<br />Case II: $170,000 PeI'-House Assessment, 30 Year Impact
<br />
<br />QO
<br />~
<br />~
<br />
<br />
<br />"0
<br />
<br />~
<br />~~
<br />~ Q
<br />.3
<br />
<br />$3,500,000
<br />
<br />
<br />$2,500,000
<br />
<br />$2,000,000
<br />$1,500.000
<br />
<br />;;
<br />~ $I,OOOJJOO
<br />
<br />z
<br />
<br />
<br />$4,346,964
<br />
<br />
<br />OC/(,
<br />
<br />$2,421,336
<br />
<br />
<br />40Ir}
<br />
<br />$1,337,616
<br />
<br />
<br />60;(,
<br />
<br />Discount Rate
<br />
<br />
<br />$1,509,972
<br />
<br />
<br />3%
<br />
<br />$1,235,671
<br />
<br />
<br />100/,)
<br />
<br />Table 3. Net Fiscal Losses Generated by 49-House Perry Farm Subdivision
<br />Case III: $150,000 Per-House Assessment, 30 Year Impact
<br />
<br />54,500.000
<br />
<br />QO
<br />~ $4,000,000
<br />
<br />00:5
<br />~
<br />~ :r,
<br />~ -
<br />~.!:
<br />'"
<br />~ 0
<br />$!
<br />
<br />$3.500,000
<br />
<br />53,000,000
<br />
<br />$2,500,000
<br />
<br />52,000.000
<br />
<br />
<br />"
<br />~. ,000.000
<br />
<br />" 5500,000
<br />z
<br />
<br />54,310,602
<br />
<br />50
<br />
<br />
<br />52,679,775
<br />
<br />
<br />4%
<br />
<br />52,039,378
<br />
<br />
<br />60/0
<br />
<br />51,671,614
<br />
<br />
<br />3D'
<br />/0
<br />
<br />Discount Rate
<br />
<br />51,363,158
<br />
<br />
<br />
<br />12%
<br />
<br />5 1422 8
<br />
<br />
<br />10%
<br />
<br />12%
<br />
<br />O(Yo
<br />
<br />The above tables show a range of possible impacts associated with the hypothetical Perry Fam1
<br />subdivision scenario, However, some are more probable and realistic than others, Although it is
<br />impossible to predict hypothetical future events with certainty, it is possible to identifY the most
<br />likely, or most realistic scenarios based on a few simple assumptions and pieces of infol1nation,
<br />First, based on the price of homes in recent Middletown subdivisions, it seems most likely that
<br />the homes built on a Perry Fal1n subdivision would be aimed at the "entry home" market, and
<br />
<br />9
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