3.50.115 Storm water impact fees.
Year | Payment | Acres | Payment per Acre | NPV* | Gross Fee | Max Fee per Year per Acre |
---|---|---|---|---|---|---|
2023 | $318,822 | 1,105 | $288.53 | $3,085.39 | $8,597.12 | $5,511.73 |
2024 | $318,822 | 1,130 | $282.14 | $2,951.13 | $8,597.12 | $5,645.98 |
2025 | $318,822 | 1,155 | $276.04 | $2,816.55 | $8,597.12 | $5,780.57 |
2026 | $318,822 | 1,180 | $270.19 | $2,681.34 | $8,597.12 | $5,915.78 |
2027 | $318,822 | 1,205 | $264.58 | $2,545.22 | $8,597.12 | $6,051.90 |
2028 | $318,822 | 1,230 | $259.20 | $2,407.90 | $8,597.12 | $6,189.22 |
2029 | $318,822 | 1,255 | $254.04 | $2,269.09 | $8,597.12 | $6,328.03 |
2030 | $318,822 | 1,280 | $249.08 | $2,128.50 | $8,597.12 | $6,468.62 |
2031 | $318,822 | 1,305 | $244.31 | $1,985.85 | $8,597.12 | $6,611.27 |
2032 | $318,822 | 1,330 | $239.72 | $1,840.83 | $8,597.12 | $6,756.29 |
2033 | $318,822 | 1,355 | $235.29 | $1,693.16 | $8,597.12 | $6,903.96 |
2034 | $318,822 | 1,380 | $231.03 | $1,542.52 | $8,597.12 | $7,054.60 |
2035 | $318,822 | 1,405 | $226.92 | $1,388.62 | $8,597.12 | $7,208.50 |
2036 | $318,822 | 1,430 | $222.95 | $1,231.13 | $8,597.12 | $7,365.99 |
2037 | $318,822 | 1,455 | $219.12 | $1,069.73 | $8,597.12 | $7,527.38 |
2038 | $318,822 | 1,480 | $215.42 | $904.10 | $8,597.12 | $7,693.02 |
2039 | $318,822 | 1,505 | $211.84 | $733.88 | $8,597.12 | $7,863.23 |
2040 | $318,822 | 1,530 | $208.38 | $558.74 | $8,597.12 | $8,038.38 |
2041 | $318,822 | 1,555 | $205.03 | $378.29 | $8,597.12 | $8,218.83 |
2042 | $318,822 | 1,580 | $201.79 | $192.18 | $8,597.12 | $8,404.94 |
*NPV = net present value discounted at five percent
(Ord. 23-11 Att. A, 2023; Ord. 23-05, 2023)