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5. Fiscal Impact <br />AECOM performed a fiscal assessment to estimate the annual net fiscal impacts on the City of Santa Ana General <br />Fund of the two project alternatives at the Site. Estimated expenditures for services administered by the City of Santa <br />Ana were calculated on a per service population4 basis for residents and workers at the Site. AECOM estimated <br />revenues to the City of Santa Ana on a reasonable estimate of the property taxes, sales taxes from businesses and <br />employees, business permits, licenses and inspections, franchise fees, fines and forfeitures, and intergovernmental <br />transfers. Detailed tables of Expenditures and Revenues are shown in Appendix A. <br />Table 22: Fiscal Impacts -Project <br />Fiscal Impact of the Project <br />City of Santa Ana General Fund Annual Net Fiscal Impact <br />from Project <br />Cost/Revenue Description <br />Estimated Value <br />Estimated Total Costs to the City General Fund <br />$1,511,000 <br />Sources of Revenue <br />Property Tax <br />$922,000 <br />Property Tax In Lieu of VLF <br />$224,000 <br />Property Transfer Tax <br />$26,000 <br />Sales Tax <br />$1,032,000 <br />Other Revenue <br />$341,000 <br />Total Estimated Revenue from Buildout <br />$2,545,000 <br />Estimated Net Fiscal Surplus from Buildout <br />$1,034,000 <br />Note: Numbers are rounded and may not sum <br />Source: Orange County Treasurer -Tax Collector, City of Santa Ana, California Department of Finance, Costar, <br />AECOM <br />Table 23: Fiscal Impacts - Industrial Prototype <br />Fiscal Impact of the Industrial Prototype <br />City of Santa Ana General Fund Annual Net Fiscal Impact from Project <br />Cost/Revenue Description <br />Estimated Value <br />Estimated Total Costs to the City General Fund <br />$185,000 <br />Sources of Revenue <br />Property Tax <br />$140,000 <br />Property Tax In Lieu of VLF <br />$0 <br />Property Transfer Tax <br />$4,000 <br />Sales Tax <br />$524,000 <br />Other Revenue <br />$42,000 <br />Total Estimated Revenue from Buildout <br />$710,000 <br />Estimated Net Fiscal Surplus from Buildout <br />$525,000 <br />Note: Numbers are rounded and may not sum <br />Source: Orange County Treasurer -Tax Collector, City of Santa Ana, California Department of Finance, Costar, <br />AECOM <br />4 Service population represents all estimated residents from the Project and a percentage allocation of workers based on US <br />Census LEHD data of where employees work and live in the Focus Area <br />75C-655 <br />