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  2. Board Of Aldermen - Agenda - 11/23/2021 - P40

Board Of Aldermen - Agenda - 11/23/2021 - P40

By dnadmin on Mon, 11/07/2022 - 07:13
Document Date
Fri, 11/19/2021 - 14:48
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 11/23/2021 - 00:00
Page Number
40
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__112320…

SUMMARY
Table 12
Fiscal Summary

Gross Property Tax & Auto
Registration Revenues $942,208

Municipal Costs

Police -$30.000

Fire -$30.000
Misi. -$22,050
School Costs -$45,000
Total Estimated Costs -$127,050
Net Positive Fiscal tmpact +$815,158

Based upon the report's findings, gross yearly revenues generated by the

proposed project will total $942.208. The anticipated yearly fiscal impact to the

City of Nashua is estimated to be $127,050, resulting with a yearly positive fiscal

impact of approximately $815,158. Key findings supporting this conclusion

include:

~ Anestimated $815,158 yearly positive fiscal impact will occur to the

community, with actual positive revenue exceeding this figure.

- Calls to the Police Department are projected in increase by less than 1%.

yr Calls to the Fire Department will realize less than a 1% increase in call

volume.

7 The proposed project will include private drives and trash collection.

~ Overall declining school enrollment is anticipated to continue and 24
school age children are expected to reside within the development

creating limited impact on the District.

Page Image
Board Of Aldermen - Agenda - 11/23/2021 - P40

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