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HomeMy WebLinkAbout1996-01-23 - AGENDA REPORTS - RESO LAFCO LACO ANNEX (2)City Manager Approval U Item to be presented 6: Rich Henderson NEW BUSINESS DATE: January 23, 1996 SUBJECT: A RESOLUTION OF APPLICATION TO THE LOCAL AGENCY FORMATION COMMISSION OF LOS ANGELES COUNTY FOR ANNEXATION NO. 1992-03 (MASTER CASE NO, 92-094), THE "SECO CANYON" ANNEXATION RESOLUTION NO. 96-7. DEPARTMENT: Community Development The "Resolution of Application" proposed for adoption by the City Council constitutes a formal request to the Local Agency Formation Commission (LAFCO) to initiate annexation proceedings for Annexation No. 1992-03 the "Seco Canyon" Annexation (Master Case No. 92-094). The Resolution sets forth applicable Government Code sections, reasons for the annexation, exhibits identifying the site, and other required information. A filing fee of $4,500 will be required to accompany the application. Annexation No. 1992-03, is a proposal to annex 425 acres of inhabited land located north of Copper Hill Drive and east and west of Seco Canyon Road, adjacent to the existing corporate boundaries in the Saugus area (see attached map). The proposed annexation is requested by 60% of the local residents, who signed a petition desiring City services for the area. There are no known persons or organizations opposed to this proposal. A fiscal impact analysis was prepared for this project. Attached is the summary page, which shows the expected result that this type of annexation typically generates less revenue over the long term, than the cost of providing municipal services to support it. The trend shows that over the first 10 years there is actually a small surplus generated, but following that period is the expected loss; this is because the increase in assessed valuation (app. 2% per year) won't likely keep up with inflation. Adopt Resolution No. 96-7, making application to the Local Agency Formation Commission for the "Seco Canyon" Annexation, Annexation No. 1992-03 (Master Case No. 92-094), and authorize the expenditure of $4,500 from Account No. 01-5101-236. Adopted: I — J2-3- 9 L A9- 1a Itenif Resolution No. 96-7 Exhibit A - Legal Description Exhibit B - Map Fiscal Impact Analysis Summary (complete) Fiscal Impact Analysis (In reading file in City Clerk's office) s:\cd\an ex \9 23apar.mar RESOLUTION NO. 96-7 A RESOLUTION OF APPLICATION BY THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA, REQUESTING THAT THE LOCAL AGENCY FORMATION COMMISSION OF LOS ANGELES COUNTY INITIATE PROCEEDINGS FOR THE PROPOSED ANNEXATION OF CERTAIN INHABITED TERRITORY TO THE CITY OF SANTA CLARITA (MASTER CASE NO. 92-094) WHEREAS, the City of Santa Clarita desires to initiate proceedings pursuant to the Cortese -Knox Local Government Reorganization Act of 1985 (Revised 1994), Division 3, commencing with Section 56000 of the California Government Code, for annexation; and WHEREAS, the territory proposed to be annexed is uninhabited, and a description of the boundaries is set forth in Exhibit A and a map of the boundaries is set forth in Exhibit B, attached and by this reference incorporated; and WHEREAS, the short form designation of the proposal is Annexation No. 1992-03 (Master Case No. 92-094); and WHEREAS, this proposal is inconsistent with the City of Santa Clarita's Sphere of Influence as designated by the Local Agency Formation Commission on November 15, 1989, and would require amending thereof pursuant to this proposal; and WHEREAS, no terms or conditions are requested by the City or the property owners for this proposed annexation at this time; and WHEREAS, the reasons for this proposed annexation are as follows: 1) to respond to the property owners' request for City services and; 2) to expand and provide a logical extension of the City's physical boundary and urban service area; and 3) to promote sound planning and land use practices in the affected territory; and WHEREAS, 60% of owners of land within project area have given their written consent to the annexation; and WHEREAS, the City Council of the City of Santa Clarita has considered all evidence, oral and documentary, and is advised of the foregoing. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Santa Clarita, California, does hereby determine and find as follows: SECTION 1. This Resolution of Application is hereby adopted by the City Council, and the Local Agency Formation Commission of Los Angeles County is hereby requested to initiate proceedings for the annexation of that territory described in Exhibit A and mapped in Exhibit B, incorporated by this reference, according to the terms and conditions stated above, if any, without notice and hearing by the commission and the City, and in the manner provided by the Cortese -Knox Local Government Reorganization Act of 1985 (Revised 1994). Resolution No. 96-7 Page 2 SECTION 2. The City Council hereby directs and authorizes the City Clerk of the City of Santa Clarita to forward a certified copy of this Resolution with applicable fees and other information as required by Section 56383 of the Government Code to the Executive Officer of the Local Agency Formation Commission of Los Angeles County. SECTION 3. The City Clerk shall certify to the adoption of this resolution and certify this record to be a full, true, correct copy of the action taken. PASSED, APPROVED AND ADOPTED this day of , 19_. MAYOR ATTEST: CITY CLERK STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) § CITY OF SANTA CLARITA ) I, Donna M. Grindey, City Clerk of the City of Santa Clarita, do hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a regular meeting thereof, held on the day of 19_ by the following vote of Council: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: CITY CLERK sAcd\annex\923apre.= DESCRIPTION OF ANNEXATION TO THE CITY OF SANTA CLARITA Beginning at the point of beginning said point, being the intersection of the City of Santa Clarita boundary as existed on November 27, 1995 and the southeasterly prolongation of the southwesterly line as described in deed to Grace Baptist Church of Newhall, a California non- profit corporation, recorded January 14, 19M as Instrument No. 92-71085 thence northwesterly along said prolongation, and northwesterly, northerly, northeasterly, southeasterly along the boundary of land as described in last said deed to the westerly boundary of Tract No. 43753, recorded September 4, 1986, in Book 1073, pages 1- 33, of Maps in the office of the recorder of the County of Los Angeles; thence northerly along said westerly line to the southwest corner of Section 35, TSN, R16W, SBBM and said southwest corner being the southwest corner of Tract No. 45137, recorded September 24, 1987, in Book 1094, Pages 8 - 69 of maps in the office of the recorder of the County of Los Angeles; thence northerly, easterly, northerly, easterly, southeasterly, southerly and westerly, along all the various courses of said Tract No. 45137 to the 1/4 corner of Section 35, TSN, R16W, SBBM; thence southerly along the easterly line of Tract No. 43753 said line being the westerly line of the northeast 1/4 of fractional section 2, UN, R16W, SBBM to a point in the center line of Copper Hill Drive, said center line being the boundary of the City of Santa Clarita as it existed November 27,1995; thence westerly along said City boundary and following.the same in all its various courses to the point of beginning. Containing: 425,78 acres WFW:hds w-,uW%=L9W3..e. LEGEND: ANNEXAfIONBORY EXIST' CITY BDRY OFFICE OF THE CITY ENGINEER CITY OF SANTA CLAF ITA ANNEXATION , NO. 1992-03 CHECKED BY1 SCALE TO THE CITY OF SANTA CLARITA I^. Bow AREA: 426.78 AC. 3244-27,32, 292 H126 EXHIBIT B 7p. 84. 279 H 126 FILED WITH THE COUNTY R <RM/City of Santa Clarila Seco Cyn, Annexation 01/09/96 Summary of Fiscal Impacts NET PRESENT VALUES Discount Rate: 10 Time Period through Year 2006) Pnlexatbn Vear I Vern 2 Veor 7 Year 9 Vern 5 Veor 6 Vear 7 Vern B Vern 9 Vern 10 Vern PO Veor 90 IMPACTS OF AREA DEVELOPMENT 1996 1997 1998 1999 2000 2001 2002 2003 2004.. 2005 2006 2016 2026 DEMOGRAPHIC IMPACTS Population Growth 5,382. 5,382 5,382 5,382. 5,382 5,382 5.382 5.382 5.382 .5.382 5.382 5,382 5.382 Employment Growth, 50 50 50 50 50 50 50 50 -. 50 50 50 50 50 FISCAL IMPACTS (millions of constant 1996 $) 1/ Annual Revenues to City General Fund $0.65 $0.67 $0.67 $0.66 $0.66 $0.65 S0.65 $0.65 $0.64 $0.64 $0.63 $0.60 $0.56 Annual Service Expenditures Incurred by City $0.59 $0.60 $0.60 $0.60 $0.60 $0.61 $0.61 $0.61 $0.62 $0.62 $0.62 $0.65 $0.68 SURPLUS OR (DEFICIT): $0.06 $0.08 $0.07 $0.06 $0.05 $0.05 $0.04 $0.03 $0.03 $0.02 $0.01 ($0.06) ($0.12) NET PRESENT VALUES Discount Rate: 10 Time Period through Year 2006) 7.0% -Year (Annex Revenues to City (mllllons of 96 $) S4.91 Expenditures Incurred by City (mllllons of 96 $ $4.54 Difference $0.37 20 -Year Time Period (Annex. through Year 2016) Revenues to City (millions of 96 $) $6.82 Expenditures Incurred by City (millions of 96 $ $6.52 Difference $0.30 30 -Year Time Period (Annex. through Year 20261 Revenues to City (millions of 96 $) , $7.69 Expenditures Incurred by City (mllllons of 96 $ $7.51 Difference $0.17 1/ used for discounting projected revenues and expenditures. First Draft Mlllions $ FISCAL IMPACT OF ANNEXATION a e -6 - Gen. Fund Revenues n Clfy Service Demand 0 1998 2001 2008 2011 2018 2021 2026 Years File: MODELWK4 First Draft: FIRST DRAFT KRM/Ciry of Santa Clanta Seco Cyn. Annexation 1 01/09/96 Fiscal Impact Analysis Seco Cyn. Annexation City of Santa Clarita Scenario: First Draft Scenario Description: FIRST DRAFT REPORT PAGE SCHEDULE TITLE - NUMBER A Summary of Fiscal Impacts 1 B Analysis Assumptions 2 C Residential Development Profile 3 D Commercial Development Profile 4 E Development Potentials by Land Use Type 5 F Projected Development Absorption 6 G Summary of Projected Revenue Sources 7 H Summary of Projected General Fund Exper 8 Prepared For: CITY OF SANTA CLARITA PLANNING DEPARTMENT Prepared By: KOTIN, REGAN & MOUCHLY, INC. January 9, 1996 File: MODEL.WK4 First Draft:. FIRST DRAFT KRM/City of Santa Crania Seco Cyn. Annexation 01/09/96 Summary of Fiscal Impacts IMPACTS OF AREA DEVELOPMENT 1996 DEMOGRAPHIC IMPACTS Year 20 1 1 Yeor 30 2016 2026 Population Growth 5.382 5,382 5,382 5.382 5.382 5,382 5.382 5.382 5082 5,382 5,382 5.382 5,382 Employment Growth 50 50 50 50 50 50 50 50 50 50 50 50 50 FISCAL IMPACTS (millions of constant 1996 $) 1/ Annual Revenues to City General Fund $0.65 $0.67 $0.67 $0.66 ... $0.66 $0.65 $0.65 $0.65 $0.64 $0.64 $0.63 $0.60 .$0.56 Annual Service Expenditures Incurred by City $0.59 $0.60 $0.60 $0.60 $0.60 $0.61 $0.61 $0.61 $0.62 $0.62 $0.62 $0.65 $0.68 SURPLUS OR (DEFICIT): $0.06 $0.08 $0.07 $0.06 $0.05 $0.05 ; $0.04 $0.03 $0.03 $0.02 $0.01 ($0.06) ($0.12) T PRESENT VALUES Discount Rate: 7.0% Revenues to City (millions of 96 $) $4.91 Expenditures Incurred by City (millions of 96 $ $4.54 Difference $0.37 2D -Year Time Period (Annex through Year 2016) Revenues to City (millions of 96 $) $6.82 Expenditures Incurred by City (millions of 96 $ $6.52 Difference $0.30 30-Yeor Time Pedrxi (Annex through Year 20261 Revenues to City (mllllons of 96. S) $7.68 Expenditures Incurred by City (millions of 96 S $7.51 Difference $0:17 NOTES 11 used for discounting projected revenues and expenditures. File; MODELWK4 First Dr=ANNEXATION Millions $ FISCAL IMPACT OF -41 + Gen. Fund Revenues ' -ef City Service Demand a 1898 29ar 2008 2011 2018 2021 2028 Years First Draft: FIRST DRAFT KRIkkity of Santa Clarke Seco Cyn. Annexation 1 01/09/96 Schedule B: Analysis Assumptions PROJECT IDENTIFICATION GENERAL DEVELOPMENT ASSUMPTIONS City Jurisdiction: Study aenfificatlon: Scenario: Scenario Description: Analyst Identification: Current Calendar Year: Year of Annexation to City: DEMOGRAPHIC ASSUMPTIONS Santa Clarity Seco Cyn. Arvlexatlon First Draft FIRST DRAFT KOTIN, REGAN & MOUCHLY. INC.. 1996 1996 Ratio of net to gross project acreage (Net excludes R 85% HOTEL DEVELOPMENT AND OPERATION Efficiency Rate: 85% Average Room Size (sf) 500 Average Daly Room Rate $65 Estimated Average Occupancy Rate 70% Santa Clortta Transient Occupancy Tax Rate 10% Santa Clanta Population as of Jan. 1. 199 128.766 PLANNED DEVELOPMENT ABSORPTION SCHEDULE Current Private Employment In Santa Clc 36.206 start Calends Yr. Yeas RESIDENTIAL USES Yearn Fornr..d to Ahsort� ECONOMIC PARAMETERS Muhl -Family Rental 2 1998 8 Inf. Rate - Sale Prices for New Constructic 3.0% Multi-Famlly Sale 4 2000 3 Inf. Rate -Taxable Petal[ Soles 3.0% Multi -Family Seniors 2 1998 2 Inf. Rate - Hotel Room Rates: 3.0% Single Family High Density 6 2002 2 Inf, Rote - State Subvention Revenues 2.0% Single Family Medlum Density B 2004 3 Inf. Rote - mist, local fees and taxes 2.0% :Single Family Low Density 10 2006 3 Int. Rate � City Provided Services 3.5% .Single Family Estate 10 2006 3 Inf. Rate - Avg. C.P.I. (used for dlscountin 3.0% , RETAIL AND RELATED PROPERTY VALUE ASSUMPTIONS Local Retall 6 2002 4 Value per sf of Improved commercial for $9.00 Community Retail 10 2006 10 Reglonal Retail 15 2011 1 CooitalLotlon Rates Automobile Dealership 1 1997 1 Apartments. 10.5% SeMce Station 1 1997 1 _ Retail 10.0% Commercial Office 9.0% OFFICE. BUS, PK, INDUS. & HOTEL Business Pork 9.0% Ught Industrial 10.5% Commercial Office 1 1997 5 Buslness Park 10 2006 15 Monthly Rents for Commercial Space C NNIN bar SF) Light Industrial 10 2006 15 Hotel 15 2011 1 Local Retail $1.15 Community Retail $1.25 CRY STREET AND PARK ASSUMPTIONS Regional Retail $1.45 Commercial Office $1.10 Total Miles of Public Streets w/I Santa Clorita: 258.6 Business Park $1.00 Acres of City Serviced Park Land w/I Santa Clarlto 313.0 Light Industrial $0.45 New Park Development (for project area) Develop new park acreage every W years: 5 Construction Value Par Unit First year of new park development: (p) 5 Auto Dealership (sq. ft.) $55 MUNI. SERVICE EXPENDITURES (Fiscal Year 96/97 Budget) Service Staflon (sq. ft.) $75 Hotel (sq. ft.) $125 Police and Fire Contract Services $10,167,BW Public World -Sheets & Roads S2.310.600 Real Prope_rt-v Anpreclallm Amumntlons General Governmental Services Cly CounoR $144,240 Resldentlal property resale every 'X'r 7 City Manager $902.185 Commercial property resale every `X' 10 City Attorney $0 Max. AV escalation for unsold propert 2.0% Cly Clerk $330.700 Avg. yearly residential appreciation rc 3.0% Personnel $325,200 Avg- yeary commercial appreciation 3.0% Finance Aamin"oHan $999,425 General Services $1.265.725 TAXABLE SALES ASSUMPTIONS Computer Services $952.1 W Parks and Recreation $6.404.890 Local Retail (per st): $225 Community Retall (per sf): $185 MISC. MUNI. REVENUES (Fiscal Year 96/97 Budget) Regional Retail (per st): $250 Automobile Dealership (per so: $0 Business Ucense Tax Revenues $133,000 Service Station (per sf): $75 Cigarette Tax Revenue $0 Commerdcl Office (per st):. $0 Motor Vehlde License Fee Revenue $4,900,000 Business Park (per st): $15 Off -Highway Motor Vehicle License Revenue 52.400 Ught Industrial (per so: $5 Highway Users (Gas) Tax Revenue $2530.845 • Motor Vehicle Rhes $116,000 Hotel (per hotel guest): $15 Other Flnes Perwttles $0 Franchise Fee Revenues $3.038.060 TOTAL TAXABLE RETAIL SALES FOR CITY: $918,410,000 Parks and Recreation Service Charges $1.295.400 File: MODEL.WK4 First Draft: FIRST DRAFT KRM/City of Santa Clarita Seco Cyn. Annexation Schedule C: Residential Development Profile 01/09/96 Plan Area By Name Anticipated Land Use By Residential Property Type Total Gross Acres Total Units Existing or Planned Estm. AV.. at ompletion of Devi (Constant 1996 S) Existing Single -Family Residential (South of Easem )iSingle Family -Medium Density 52.0 390 $38,519,976 Existing Single -Family Residential (No. of Easerner r Single Family -Low Density 155.0 698 $160,008,370 Existing Multi -Family Residential (East of Seco) Multi -Family Safe 17.0 128 $23.637,401 Existing Multi -Family Residential (W, of Seco) Multi -Family Sale 43.0 323 $33,996,968 Source: City of Santa Clarita File: MODEL.WK4 First Draft: FIRST DRAFT KRM/City of Santa Clarita Seco Cyn. Annexation Schedule D: Commercial Development Profile 01/09/96 Estm. AV., at Plan Area By Name Existing or Planned Land Use (000's of SF) Total ompletion of Develp Retall Off./Bus Pk Light lnd. I Hotel Acres (Constant 1996 $) C=merclal Neiahborhood 11 15 1 1 1 1 2.1 11 $2.557,429 Source: City of Santa Clarita File: MODEL.WK4 First Draft: FIRST DRAFT KRM/City of -Santa Clarita Seco Cyn_ Annexation 01/09/96 Schedule E: Development Potentials by Land Use Type Residential Units Gross Acres Avg Assd Value Per DU Existing Planned Existing Planned Existing Planned RESIDENTIAL LAND USE Units Units Development Development Development Development Residential Uses Multi -Family Rental Multi -Family Sale Multi -Family Seniors Single Family High Density Single Family Medium Density Single Family Low Density Single Family Estate Subtotals COMMERCIAL LAND USE Retail and Related Local Retail Community Retail Regional Retail Automobile Dealership 1/ Service Station Office/Business Park/Light Industrial Commercial Office Business Park Light Industrial Commercial Lodging Hotel Subtotals 0 a 0.0 0.0 $0 $0 451 0 60.0 0.0 $127,792 $0 0 0 0.0 0.0 $0 $0 0 0 0.0 0.0 $0 $0 390 0 52A 0.0 $98,769 $0 698 0 155.0 0.0 $229,238 $0 0 0 0.0 0.0 $0 $0 1,539 0 267.0 0.0 Total Potential Sg, Ft. Planned Gross Acres Existing Planned Assd. Value Existing Per SF Built Existing Planned Development Development Development Development Development Development 15,477 0 2.1 0.0 $165 $0 0 0 0.0 0.0 $0 $0 0 0 0.0 0.0 $0 $0 0 0 0.0 0.0 $0 SO 0 0 0.0 0.0 SO $0 0 0 0.0 0.0 $0 $0 0 0 0.0 0.0 $0 $0 0 0 0.0 0.0 $0 $0 0 0 0.0 0.0 $0 $0 15,477 0 2.1 0.0 File: MODEL.WK4 First Draft: FIRST DRAFT CRM/City of Santa Clarita Sew Cyn. Annexation 01/09/96 Schedule F: Projected Development Absorption TOTAL NEW UNIT$ LAND USE BY CATEGORY POSSIBLE Residential Uses Muttl-Fomlly Rental 0 DUs Mu1tl-Family, Sole. 0 DUs MURI-Famlly Seniors 0 DUs Single Family High Density 0 DUs Single Family Medium Density 0 DUs Single Family Low Density 0 DUs Single Family Estate 0 DUs Annecawl 1996 0 451 0 0 390 698 0 1997 0 0 D 0 0 0 0 Vern 2 1998 0 0 0 0 0 0 0 Vern 3 1999 0 0 0 0 0 0 0 Vern 4 2000 0 0 0 0 0 0 0 Year 5 2001 0 0 0 0 0 0 0 Vern 6 2002 0 0 0 0 0 0 0 Vear 7 2003 0 0 0 0 0 0 0 Vear B 2004 0 0 0 0 .0 0 0 Vear 9 2005 0 0 0 0 0 0 0 Vear 10 2006 0 0 0 0 0 0 0 Year 20 2016. 0 0 0 0 0 0 0 Year 30 2026 0. - 0 0 0 0 0 0 Subtotal: All dwellings 0 1,539 0 0 0 0 0 0 0 0 0 0 0 0 Cum. Subtotal: All dwellings 1,539 1,539 1,539 1,539 1,539 1,539, 1,539 1,539 1,539 1.539 1,539 1.539 1,539 Subtotal: For -Sale dwellings 1,539 0 0 0 0 0 0 0 0 0 0 0 ' 0 Cum. Subtotal: All For -Sole dwellings 1.539 1,539 1,539 1,539 1,539 1,539 1,539 1,539 1,539 1,539 1,539 1,539 1,539 Retail and Related Loco) Retail 0 s.f. 15,477 0 0 0 0 0 0 0. 0 0 0 0 0 Community Retail 0 s.f. 0 .0 0 0 0 0 0 0 0 0 0 0 0 Regional Retail 0 s.f. 0 0 0 0 0 0 0 0 0 0 0 0 0 Automobile Dealership 0 s.f. 0 0 0 0 0 0 0 0 0 0 0 0 0 Service Station. 0 s.f. 0 0 0 0 0 0 0 0 0 0 0 0 0 OMce/Bullness Park/Light Industrial Commercial Office 0 s.f. 0 0 0 0 0 0 0 0 0 0 0 0 0 Business Park 0 s.f. 0 0 0 0 0 0 0 0 0 0 0 0 0 Light Industrial 0 s.f. 0 0 0 0 0 0 0 0 0 0 0 0 0 Commercial Lodaina Hotel 0 s.f. 0 0 0 0 0 0 0 0. 0 0 0 0 0 Subtotal: Commercial 0 s.f. 15,477 0 0 0 0 0 0 0 0 (T-0 0 0 Cum. Subtotal: Commercial 15,477 15.477 16,477 15,477 15,477 15,477 15.477 15,477 15,477 15,477 15,477 15,477 15.477 CUMULATIVE TOTALS Cumulative Population within Annexed Area 5,382 6,382 5,302 5,382 5,382 5,382 5,382 5,382 5,382 5,382 5.382 5,382 - 5,382 Cumulative Children. of School Age Elementary School Age 896 896 896 896 896 896 896 896 896 896 896 896 896 Jr, High School Age 220 220 220 220 220 220 220 220 220 220 220 220 220 High School Age 456 456 456 456 456 456 456 456 456 456 456 456 456 Cumulative Private Sector Employment 50 50 50 50 50 50 50 50 50 50 50. 50 50 Cumulative Built Hotel Rooms 0 0 0 0 0 0 0 0 0 0 0 0 0 Filo: MODELWK4 First Draft: FIRST DRAFT :RM/City of Santa Clanta Sem Cyn. Annexation 01/09/96 City Revenue Sources (millions of Current Yr. $) Property Tax Revenue 11 Sales Tax Revenue 2/ Other Local Taxes Property Transfer Tax: Business License Tax: Transient Occupancy Tax 3/ State Subventions Cigarette Tax: Motor Vehicle Ucense Fee: Off -Highway Motor Vehicle License Fee:. Highway Users (Gas) Tax: Fines, Forfeitures, Penalties Motor Vehicle Fines: Other Fines, Penalties: Franchise Fees: Parks and Recreatlon Service Charges NET ANNUAL REVENUES TO CITY Estm, Investment income @ 4% of Total Revenues: TOTAL REVENUES TO CITY ( Current Year $ ): TOTAL REVENUES TO CITY( 1996 Constant $) 4/ Schedule G: Summary of Projected Revenue Sources t=ollon Yea 1 Vear 2 Vew J Vea 4 Yea 5 Year 6 Yea 7 Yaar 8 Vea 9 Vea 10 Yea M Year 30 1996 1997 1998 1999 2000 2001 2002 200J 2004 2005 2006 2016 2026 0.15 0.15 - 0.15 0.16 0.16 0.17 0.17 0.18 0.19 0.19 0.20 0.27 0.36 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.06 0.08 0.00 0.02 0.02 0.02 0.02 0.02 0.03 0,03 0.03 0.03 0.03 0.04 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.21 0.21 0.22 0.22 0.23 0.23 0.24 0.24 0.24 0.25 0.30 0,37 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.1.1 0.11 0.11. 0.11. 0.12 0.12 0.12 0.12 0.13. 0.13 0.16 0.19 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 ` 0.01 0.01 0.00. 0.00 ,0.00 0.00 0.00 0.00 0.00 0.00 0.00. 0.00 0.00 0.00 0.00 0.08 0.08 0.08 0.08 0.08 0.09 .0.09 0.09 0.09 0.09 0.10 0.12 0.14 0.05 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.07 0.08 0.10 0.63 0.66 0.69 0.70 0.71 0.73 0.75 0.76 0.78 0.80 0.82 1.03 1.31 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.04 0.05 $0.65 $0.69 $0.71 .$0.72 $0.74 $0.76 $0.78 $0.79 $0.8T $0.83 $0.85 51.08 $1.36 $0.65 $0.67 $0.67 $0.66 $0.66 $0.65 $0.65 $0.65 $0.64 $0.64 $0.63 $0.60 $0.56 1/is resold every 10 years. Resale price overages 12% above prior year's assessed value.. Taxable assessed value for residential property excludes $7,000 homeowner's exemption on all non -rental properties. 2/ Projected sales tax revenues are for on-site, pointof-purchose transactions only, 3/ Assumes on average dally room rate of $65, overage daily occupancy at 70% and a Santa Clarito hotel tax rate of 10%. 4/ Average annual consumer price Index value of 3.0% used for discounting projected revenues. =ile: MODELWK4 First Draft: FIRST DRAFT :RWCiy of Santa Clarita Seco Cyn. Annexation Schedule H: Summary of Projected General Fund Expenditures 01109 96 ResidenW1 Property 90% Conxnercld Propert 20% IERVICE EXPENDITURE BURDENS 1/ Amexatbn Vear1 Year2 Vear3 veers VeorS Veor6 Vea�7 VaarB year9 Veor lO Vear 2) year 37 mlllbns of Current Yr. $) 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2016. 2026 lollce and Fire Contrail Services Per Capita Factor at $63.1.7 0.34 0.35 0.36 0.38 0.39 0.40 0.42 0.43 0.45 0.46 0.48 0.68 0.95 Per Employee Factor at $56.17 0.00. 0.00 0.00 0.00. 0.00 0.00 0.00 0.00 0.00 0.00 0.00. 0.01 _. 0.01 Total Annual O & M Expenditures:, 0.34 0.35 0.37 0.38 0.39 0.41 0.42 0.44 0.45 0.47 0.48 0.68 0.96 hrblic Works - Streets & Roads Roadway Development Schedule: Existing streets on. miles):. 9.02 9.02 9.02 9.02 9.02 9.02 9.02 9.02 9.02 9.02 9.02 9.02 9.02 New Streets (cum In. miles) 21 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Annual O & M Exp. at $9.000 per In. mllr 0.08 0.08 0.09 009 0.09 0.10 0.10 ,. 0.10 0.11 0.11 0.11 0.16 0.23 hsbllc Works - Administration Average of 3.8% of program budget 0.00 0.00 0.00 0.00 0.00 0.00. 0.00 " 0.00 0.00 0.00 0.00 0.01 0.01 general Governmental Services City Council Per Capita Factor at $0.90 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 Per Employee Factor of $0.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Annual O & M Expenditures: 0.00. 0.01 0.01 0.01 0.01 0.01. 0.01 0.01 0.01 0.01 0.01 0.01 0.01 Cly Manager Per Capita Factor at $5.61 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.06 0.08 Per Employee Factor at $4.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Annual O & M Expenditures: 0.0.3 0.03 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.06 0.09 Cly Attorney Per Capita Factor at $0.00 0.00 0.00 0.00 0.00. 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Per Employee Factor at $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Annual O & M Expenditures: 0.00 0.00. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cly Clerk Per Capita Factor at $2.05 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.02 0.03 Per Employee Factor at $1.83 0.00 0.00 OAO 0.00 0.00 0.00 0.00 0.00 0.00 0.00. 0.00 0.00 0.00 Total Annual O & M Expenditures: 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.02 0.03 (CONTINUED ON FOLLOWING PAGE) °ileo MODEL.WK4 I First Draft: FIRST DRAFT' RWCiry of Santa Clarita Soco Cyn, Annexation 01/09/96 Personnel 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Per Capita Factor at $2.02 0.01 0.01 0.01 0.01 0.01 0.01. 0.01 0.01 0.01 0.01 0.02 0.02 0.03 Per Employee Factor at S1.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Annual O & M Expenditures: 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.03 Finance Administration Per Capita Factor at $6.21 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.07 0.09 Per Employee Factor at $5.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Annual O & M Expenditures; 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.07 0.09 General Services Per Capita Factor at $7.86 0.04 0.04 0.05 0.05 0.05 0.05 0.05 0.05 0.06 0.06 0.06 0.08 0.12 Per Employee Factor at $6.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00. 0.00 0.00 0.00 0.00 0.00 0.00 Total Annual O & M Expenditures: 0.04 0.04 0.05 0.05 0.05 0.05 0.05 0.05 0.06 0.06 0.06 0.08 0.12 Computer Services Per Capita Factor at $5.92 - 0.03 0.03 003 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.06 0.09 Per Employee Factor at $5.26 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 000 0.00 0.00 Total Annual O &'M Expenditures: 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04 OA4 0.04 0.05 0.06 0.09 arks and Recreall n Park Development Schedule ( in cum acres) 3/ Existing Park Acreage within Project Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 New Park Acreage 0.00 0.00 -- 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Annual O & M Exp.. at $20.000 per ocre 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 OTAL EXPENSES TO CITY (current yr. $). $0.59 $0.61 $0.63 $0.66 $0.68 $0.70 $0.73 $0.75 $0.78 $0.81 , $0.84 $1.18 $1.66 OTAL EXPENSES TO CITY.( 1996 Constant $ ) 4/ $0.59 $0.60 $0.60 $0.60 $0.60 $0.61 $0.61 -$0.61 $0.62. $0.62. $0.62 $0.65 - $0.68 IOTES / Residential density at bulldout projected at 3.50 persons per household. Employment density projected at 3.23 employees per 1.000 sq. ft. of commercial/Industrial space. / Project area highways, collector roads and local streets estimated at 0 gross acres. Total R -O -W acreage estimated to be approximately 0.0 linear miles. / approximately 0 acres of new park area will be added every 5 years, beginning In year 2001. / Average annual consumer price Index value of 3.0% used for discounting projected expenditures ile:9AODELWK4 First Draft: FIRST DRAFT