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POWERPOINT-75E
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02/05/2019
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POWERPOINT-75E
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5/12/2020 3:37:33 PM
Creation date
2/26/2019 12:14:45 PM
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City Clerk
Agency
Planning & Building
Item #
75E
Date
2/5/2019
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ECONOMICANALYSIS <br />Afiscalandeconomicimpactanalysiswaspreparedby <br /> <br />RSG,Inc.in2017 analyzingthe 517-unitproject <br />RSGanticipatesthefollowingfiscaloutcomesovera25- <br /> <br />yearforecastperiod: <br />Approximately$33.5 millioninrevenueover25years($19millionin <br /> <br />2017$)totheCity’sGeneralFund <br />Approximately$10.0 millioninexpendituresover25years($5.4 <br /> <br />millionin2017$)fromtheCityGeneralFund <br />ThenetnewGeneralFundrevenueisprojectedtobe <br /> <br />approximately$23.5 millionover25 years($13.6 <br />millionin2017$) <br />32 <br />
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