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Attachment A - Potential Future Revenue Options <br />Potential Revenue Source <br />Impacted Sector <br />Current Revenue <br />Potential Increase <br />Potential Additional <br />Total Potential <br />Requirements <br />Revenue <br />Revenue (Current and <br />Additional <br />Enterprise must produce <br />Enterprise must produce <br />Enterprise must produce <br />net revenues (gross after <br />net revenues (gross after <br />net revenues (gross after <br />Council approval. <br />Enterprise Revenue Bonds <br />Enterprise rate or fee <br />N/A <br />Operations and <br />Operations and <br />Operations and <br />Proceeds are required to <br />(Water or Sewer Revenue Bonds) <br />payers <br />Maintenance) that are at <br />Maintenance) that are at <br />Maintenance) that are at <br />be used for enterprise <br />least 1.2x greater than debt <br />least 1.2x greater than <br />least 1.2x greater than <br />projects. <br />service <br />debt service <br />debt service <br />2/3 voter approval. Can <br />General Obligation Bonds** <br />Property Owners <br />N/A <br />see ** below <br />see ** below <br />see ** below <br />only be used to acquire, <br />construct, or improve real <br />property. <br />Lease or installment sale <br />Council approval. <br />Lease Revenue Bonds <br />agreement (of City <br />N/A <br />N/A <br />Amount of new project <br />Amount of new project <br />Proceeds are required to <br />property) paid from funds <br />be used for a specific <br />of the City <br />project. <br />Potential Revenue Source <br />Impacted Sector <br />$1.05 Million in <br />$2.5 Million in Revenue <br />$5.0 Million in Revenue <br />Property Owners <br />Revenue Annually <br />$50.00/parcel <br />$50 Million in Debt <br />Annually <br />$118.78/parcel <br />$100 Million in Debt <br />Annually <br />$237.56/parcel <br />$150 Million in Debt <br />*Parcel Tax (per parcel) <br />Potential Revenue Source <br />Impacted Sector <br />($2,876,797 of annual <br />($5,753,593 of annual <br />($8,630,390 of annual <br />Property Owners <br />debt service) <br />$15.38/$100k valuation <br />debt service) <br />$30.77/$100k valuation <br />debt service) <br />$46.15/$100k valuation <br />**General Obligation Bonds <br />(per $100k Assessed Value) <br />Impacted Sector <br />Funds of the City. Could <br />$16.866 Million in Debt <br />$1,000,000 of debt <br />$33.732 Million in Debt <br />$50.598 Million in Debt <br />Potential Revenue Source <br />*** Certificate of Participation'Lease <br />allocate a portion of UUT <br />$2,000,000 of debt <br />$3,000,000 of debt <br />Revenue Bond Debt <br />or other revenue sources <br />service/year for 30 <br />service/year for 30 years. <br />service/year for 30 years. <br />to repay this debt. <br />years. <br />*Based on 21,047 parcels in the City of Redwood City. <br />**Assumes a 4.0% interest rate and 30 year term. Oo <br />***Assumes a 4.25% interest rate and 30 year term. <br />Page 3 of 3 <br />