The Stitch Master Plan Appendices 1&2

Figure K.6 : Scenario 2 Revenue vs. Expense

ASSESSMENT OF RESULTS: SCENARIO 1 VS. SCENARIO 2

Scenario 1 Scenario 2

80%: SSD assessment Rate: 0.005

84%: SSD assessment Rate: 0.005 Additional parcels included 16%: Includes other governmental, donations/PILOT, and earned revenue

Operating Revenue

20%: other governmental, donations/PILOT, and earned revenue

O&M Cost Fully paid for by the revenue until 2040, then deficit ranges from $2M/year to $4M/year

Fully paid for by the revenue

$0 (no capacity)

$30M net proceeds from bond (2029 issuance) backed by revenue after paying for operations. Potential use includes Phase 1 contingency, affordable housing and community development programs, and Phase 2 capital costs

Capital Bond

K-9

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