Cost of Services BuildoutDate 2/5/2025
Calculated By: Kalispell Planning Department
Land Type Residential
Number of acres proposed to be annexed:15.8
Number of lots to be annexed:96
Average square foot per lot:3,330
Estimated taxable market value of individual properties to be annexed:$400,000
Distance from nearest city maintained street light: >300ft
1. COST OF SERVICES UNDEVELOPED
ACRES DEVELOPED ACRES COST/ACRE TOTAL
Fire 0 15.80 ($263.39)($4,161.62)Police 0 15.80 ($353.77)($5,589.57)General Gov't Services 0 15.80 ($314.77)($4,973.36)
Subtotal ($14,724.54)
SERVICE NO. OF UNITS COST/UNIT TOTAL
Roads (Linear feet of road to be maintained)3360.00 ($3.99)($13,406.20)Water (based on number of ERUs) 96.00 ($263.69)($25,313.89)Sewer (based on number of ERUs)96.00 ($330.37)($31,715.30)Stormwater (based on number of ERUs)96.00 ($77.61)($7,450.87)
Subtotal ($77,886.27)
TOTAL ANTICIPATED COST OF SERVICE =($92,610.81)
2. ANTICIPATED CITY ASSESSMENT REVENUE GENERATED
Total square foot to be annexed:688,248
Number of lots:96
ASSESSMENT AVE SQ FT ASSESSMENT TOTAL
Storm sewer assessment:3,330 0.011151 242.88$
Street maintenance assessment:3,330 0.017776 387.00$
Urban forestry assessment:3,330 0.0047025 15.66$ Light maintenance assessment:3,330 0.00165 5.49$
Average annual water and sewer usage charge 96 $1,329.36 127,618.56$
TOTAL ANTICIPATED REVENUE FROM ASSESSMENTS and USAGE CHARGES = 190,117.81$
3. TAX REVENUE
Assessed value per property:$400,000
NO. OF UNITS
ASSESSSED PROPERTY VALUE TOTAL ASSESSED VALUE
Total assessed value:96 $400,000 38,400,000.00$
TOTAL ASSESSED VALUE REAL ESTATE TAX TAXABLE VALUE
Total taxable value:$38,400,000 0.0135 518,400.00$
MILLS LEVIED TOTAL
Total tax revenue:0.753 390,355.20$
TOTAL CITY TAX REVENUE=0.16558 85,836.67$
4. IMPACT FEES
UNIT QUANTITY COST PER UNITTotal Sewer Impact Fee:ERU 96 3,054.00$ $293,184.00Total Water Impact Fee:ERU 96 2,016.00$ $193,536.00Total Storm Impact Fee:ERU 96 618.00$ $59,328.00Total Police Impact Fee:Total Lots 96 41.000$ $3,936.00Total Fire Impact Fee:Total Lots 96 483.00$ $46,368.00
Total Project Impact Fee =$596,352.00
5. TOTAL ANTICIPATED REVENUE GENERATED TO THE CITY (ITEMS 2 AND 3)$275,954.48
6. ONE TIME IMPACT FEE PAYMENT TO THE CITY (ITEM 4)$596,352.00
7. ANTICIPATED COST OF SERVICE (ITEM 1)($92,610.81)
8. NET (COST) or REVENUE TO THE CITY PER YEAR (ITEM 2 AND 3 - ITEM 1)$183,343.67
ESTIMATED COST OF SERVICES ANALYSIS (Full Buildout)
Project Name: Vista Ridge