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Appendix B: Table of Economic Impact, 75,000 square foot development <br />Office Space <br />Sq Ft 75,000 <br />Value <br />PSF $325 Confirmed with a local broker <br />Total $24,375,000 <br />Construction Cost 12,415,500 $165.54 per s.f. <br />Los Angeles County average <br />Operations <br />Employees <br />Sq Ft Per Employee 250 Accepted factor for office space <br />Number 300 <br />Payroll <br />Average Per Employee <br />$50,000 <br />Avereage - Depends on business activity <br />Total <br />$15,000,000 <br />Gross Receipts <br />Percent of Payroll <br />r 250% <br />Average - Depends on business activity <br />Amount <br />$37,500,000 <br />Utility Usage <br />Electric <br />Other <br />Annual PSF <br />$2.75 <br />$1.50 <br />Annual Total <br />$206,250 <br />$112,500 <br />Fiscal Revenues <br />Property Tax <br />1.0000% <br />General Levy <br />Share <br />Amount <br />Pasadena <br />21% <br />$51,000 <br />PUSD <br />28% <br />68,000 <br />L.A. County <br />30% <br />73,000 <br />PCC <br />11% <br />27,000 <br />Others <br />10% <br />24,000 <br />Voted Indebtedness <br />0% <br />4,245 Rate=.017417% <br />PCC <br />PUSD <br />0% <br />15,538 Rate=.063747°% <br />PUSD Measure TT <br />0% <br />11,676 Rate=.0479% <br />Total <br />$274,459 <br />Business License Tax <br />Commercial Space <br />Per 1,000 St $15.00 <br />Total $1,125 <br />Employees <br />30 <br />