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Home My WebLink About1.18 Fiscal Impact AnalysisSummary of Projected Property Tax Revenues Landis Creek Metropolitan District Description 2025‐2030 2031‐2040 2041‐2050 2051‐2062 TOTAL % OF TOTAL ANN. AVG. Taxing Entity GARFIELD COUNTY $2,079,506 $20,891,859 $27,750,010 $38,154,607 $88,875,982 16% $2,468,777 GARFIELD COUNTY ‐ ROAD & BRIDGE FUND $16,684 $167,620 $222,644 $306,123 $713,071 0% $19,808 GARFIELD COUNTY ‐ SOCIAL SERVICES FUND $78,629 $789,953 $1,049,271 $1,442,684 $3,360,538 1% $93,348 GARFIELD COUNTY ‐ CAPITAL EXPENDITURES $165,956 $1,667,283 $2,214,601 $3,044,943 $7,092,783 1% $197,022 GARFIELD COUNTY ‐ RETIREMENT FUND $82,889 $832,750 $1,106,116 $1,520,843 $3,542,598 1% $98,406 SPRING VALLEY SAN $709,971 $7,132,762 $9,474,227 $13,026,496 $30,343,456 6% $842,874 BASALT WATER CONSER $6,212 $62,412 $82,899 $113,982 $265,505 0% $7,375 COLO RIVER WATER CONS $88,924 $893,378 $1,186,647 $1,631,569 $3,800,518 1% $105,570 SCHOOL DISTRICT RE‐1 ‐ GENERAL FUND $4,217,051 $42,366,822 $56,274,539 $77,374,130 $180,232,542 33% $5,006,460 SCHOOL DISTRICT RE‐1 ‐ MILL LEVY OVERRIDE $2,337,935 $23,488,184 $31,198,629 $42,896,252 $99,921,000 18% $2,775,583 SCHOOL DISTRICT RE‐1 ‐ BOND $1,858,172 $18,668,221 $24,796,420 $34,093,597 $79,416,410 15% $2,206,011 COLORADO MTN COLLEGE $725,058 $7,284,333 $9,675,554 $13,303,309 $30,988,254 6% $860,785 GARFIELD COUNTY PUBLIC LIBRARY DISTRICT $444,087 $4,461,542 $5,926,129 $8,148,073 $18,979,832 3%$527,218 Total $12,811,075 $128,707,120 $170,957,686 $235,056,609 $547,532,490 100% $15,209,236 NOTE: The above projected property tax revenues are estimates by D.A. Davidson based on assumptions for the future development and buildout of the Spring Valley Ranch PUD over several decades and assumptions of assessed property values and mill levy rates over the same time period. These projections are merely estimates and cannot be guaranteed. The actual tax revenues generated by the Spring Valley Ranch PUD may be less than or greater than the projections given above for a variety of reasons. GARFIELD COUNTY 22% WATER/SANITATION 6% SCHOOLS 66% CO MTN COLLEGE 6% Projected Total Property Tax Revenues by Taxing Entity (2025‐2062) $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 20 2 5 20 2 6 20 2 7 20 2 8 20 2 9 20 3 0 20 3 1 20 3 2 20 3 3 20 3 4 20 3 5 20 3 6 20 3 7 20 3 8 20 3 9 20 4 0 20 4 1 20 4 2 20 4 3 20 4 4 20 4 5 20 4 6 20 4 7 20 4 8 20 4 9 20 5 0 20 5 1 20 5 2 20 5 3 20 5 4 20 5 5 20 5 6 20 5 7 20 5 8 20 5 9 20 6 0 20 6 1 20 6 2 Projected Annual Property Tax Revenues by Taxing Entity GARFIELD COUNTY WATER/SANITATION DISTRICTS SCHOOLS CO MTN COLLEGE $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 20 2 5 20 2 6 20 2 7 20 2 8 20 2 9 20 3 0 20 3 1 20 3 2 20 3 3 20 3 4 20 3 5 20 3 6 20 3 7 20 3 8 20 3 9 20 4 0 20 4 1 20 4 2 20 4 3 20 4 4 20 4 5 20 4 6 20 4 7 20 4 8 20 4 9 20 5 0 20 5 1 20 5 2 20 5 3 20 5 4 20 5 5 20 5 6 20 5 7 20 5 8 20 5 9 20 6 0 20 6 1 20 6 2 Projected Annual Transfer Assessment (1%) Revenues DEVELOPER HOMESITES RESALE HOMES