FORT APACHE HOMES LLC

MIRAMONTE TOWN HOME COMMUNITY

MIRAMONTE TOWNHOME

COMMUNITY

MIRAMONTE TOWNHOME

COMMUNITY

PART OF MIRAMONTE

PLANNED

DEVELOPMENT (NUD)

LMDR 14

32+- ACRES

448 UNITS

MIRAMONTE TOWNHOME

COMMUNITY

448 UNITS

2 & 3 BEDROOMS

2 CAR GARAGES

1640 TO 1742 SQ. FT.

302 SURFACE PARKING

SPACES

MIRAMONTE TOWNHOME

COMMUNITY

RECREATION FACILITIES

GROUP PICNIC AREAS

VOLLYBALL COURTS

BASKETBALL COURTS

FIT STATIONS AND RUNNING

TRAIL

PLAYGROUND

CENTRAL COMMUNITY

BUILIDING

POOL & PLAYGROUND

EXERCISE ROOM

KITCHEN & BAR

LOUNGE

PARTY AND MEETING ROOMS

MAIL ROOM

OFFICES ETC.

3000 VS 9000 SQUARE FEET

MIRAMONTE TOWNHOME COMMUNITY166 ACRES - 21% DEVELOPED – 4 % ACCESS ROADS – 82% UNDISTURBED O.S.

MIRAMONTE TOWNHOME

COMMUNITY

• Intro to Fiscal Impact Analysis– Estimates Revenues generated by the Project

• Property taxes, sales taxes, licenses, permits, etc.

– Estimates Expenditures required to serve the Project• Police services, fire protection, general government,

etc.

• Key Methodologies and Assumptions– Case studies

– Average cost/ revenue multipliers

MIRAMONTE TOWNHOME

COMMUNITY

• Key Issue: Sales Tax Revenue– New housing development is required to in order to serve

countywide growth.• The County is experiencing healthy growth rates, a trend that is

anticipated to continue into the foreseeable future.• Growth is a function of net in-migration and natural growth rate

(birth rate minus mortality rate)

– The Project will accommodate 448 new households (less the vacancy rate).• For households that originate from elsewhere in the County, their

old house will be re-occupied.

– This growth in households will drive new taxable sales in the County.• Sparks receives a percentage of Countywide taxable sales.

MIRAMONTE TOWNHOME

COMMUNITY

• Results:

– Project is estimated to create a net fiscal surplus of approximately $220,000 over a 20-year period.

• Average of $11,000 per year.

– Majority of revenues come from property taxes (67% of total revenues).

– Majority of expenditures come from Police (38% of total expenditures), General Government (26%), and Fire (19%).

TRAFFIC

IMPACT

STUDY

STUDY AREA

PROPOSED IMPROVEMENT

POLICY LEVEL OF SERVICE

MIRAMONTE

TOWNHOME

COMMUNITY

AREA MAP

BASIS OF TRAFFIC VOLUMES