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Oily of Santa Ana Annexation <br />Appendix A Detailed Tables for General Fund Revenues and <br />Expenditures <br />Table A: Study Area Existing Land Uses Estimated General Fund Property Tax <br />Revenues (2018 dollars) <br />Estimated Total Assessed <br />Assessed Property Values <br />Value <br />Residential <br />$24,630,000 <br />Retail <br />$1,392,000 <br />Total Assessed Value <br />$26,021,000 <br />Property Transfer Tax Revenue Assumption <br />Total Assessed Value <br />$26,021,000 <br />Property Transfer Tax ($0.275 per $500) <br />$14,000 <br />Annual Property Transfer Tax (5% of total) <br />$1,400 <br />Property Tax Revenue Allocation Assumption <br />Total Improved Value <br />$26,021,000 <br />1% Property Tax Allocation <br />$260,000 <br />% of Property Tax Distributed to City of Santa Ana General Fund* <br />24% <br />Net Increase in Property Tax Revenue <br />$62,000 <br />% of City of Santa Ana in Lieu of Vehicle License Fee (VLF)** <br />11.5% <br />Net Increase of In Lieu of VLF to the City of Santa Ana <br />$30,000 <br />Annual Combined Property Transfer Tax and Property Tax Allocation to <br />the City of Santa Ana <br />$93,000 <br />'Tax Rate is In accordance with Master Property Tax Transfer Agreement between Santa Ana and Orange County <br />*-Tax ratio is based on per capita estimated 2018 City of Santa Ana Property Tax In Lieu of VLF revenues <br />Source: Orange County Treasurer -Tax Collector 2018 AECOM, 2018 <br />75C-136 AECOM <br />