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I V <br /> Final Report <br /> • Table 3 <br /> Municipal : Residential Cost/Revenue Analysis <br /> Projected <br /> • <br /> Municipal <br /> Revenues <br /> Generated <br /> Total By Properry I'roi ( cred - <br /> ll of Tax ( includiuh Municipal Net Municipdi <br /> Development House- Projected Homeste?d Service Cost/Revenue <br /> Type holds Population Credit ) Costs - / + <br /> $ 116 , 5552 -$77 , 061 ` <br /> R-1 156 577 $39 , 494 S66 , 3553 -$26 ,.8613 <br /> $57 , 782" -$18 , 2884 <br /> $286 , 999- -$ 186 , 792 - <br /> R-3 471 1420 $100 , 207 S163 , 3003 -$63 , 0933 <br /> $ 142 , 1984 -$41 , 9914 <br /> 2 9 <br /> $247 , 239- -$70 , 409- <br /> R-4 . <br /> $70 , 409R-4 . 806 1221 $ 176 , 830 $ 140 , 4153 +$36 , 4153 <br /> $ 122 , 2714 +$54 , 5594 <br /> • Mix : R-4 $ 122 , 4043 -$34 , 666` <br /> portion 400 606 $87 , 738 $69 , 6904 +$ 18 , 0484 <br /> oonly $60 , 685 +$27 , 053 <br /> 1 See Appendix B. <br /> 2 <br /> Upper range of costs or cost/revenue based on Service Standard method <br /> of calculation . ( See Appendix D. ) <br /> 3 Middle range of estimated costs or cost/ revenue based on Per Capita <br /> Multiplier Method of Calculation . ( See Appendix E. ) Considered most <br /> reliable . <br /> 4 <br /> Lower range of projected costs or cost/ revenue based on existing bud- <br /> get : 1981 dollars spent per resident of Mounds View . ( See Appendix <br /> F. ) <br /> Source : Consultants calculations . <br /> The figures in Table 3 provide a range of costs of muni- <br /> cipal services of four residential development types . For <br /> example , a R-1 Single and Two Family development of 156 <br /> houses would result in a projected population of 577 per- <br /> sons and generate $39 , 494 in property taxes ( including <br /> homestead credit ) . Using three methods of projecting ex- <br /> III penses , the R-1 housing development might demand $57 , 782 <br /> to $ 116 , 555 worth of city services for a net cost to the <br />