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04/13/70
10.0.0.9
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04/13/70
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11/25/2003 1:28:28 PM
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APARTMENTS vs? SINGLE~ FAMILY <br /> City of Hastings <br />C~mparison of Annual Hevenue <br />for one acre of raw land. <br /> <br />Apartments <br />(18.5 units <br />per acre) <br /> <br />Single Family <br />(3.0 lots per <br />acre) <br /> <br />Total Revenue <br />per acre <br /> <br />Revenue to School <br />District per acre <br />(6~ of total) <br /> <br />Revenue to City <br />per acre <br />(2~ of total) <br /> <br />Revenue to County <br />per acre <br />(12% of totalI <br /> <br />$9,250.00 $6,012.00 $2,128.00 $1,110.O0 <br /> <br />$1,662.00 <br /> <br />$1,O80.OO $ 382.00 <br /> <br />Co~parison of Tax Advantage <br />or Disadvantage to School <br />District for one acre of raw <br />land. <br /> <br />APARTMENTS vs.S~NGLE FAMII,Y <br /> City of Hastings <br /> <br />Revenue to School District <br />(from above table) <br /> <br />Expense to School District <br /> <br />Net Advantage or Disadvantage <br /> <br />Single Family <br />(1.6 child per <br /> unit~ <br /> <br />$1,080.OO <br />3.26~.00 <br /> <br />Apartments <br />(0.2 child per <br /> unit) <br /> <br /> $6,O12.00 <br /> <br /> 2,~16.00 <br />+$3,~96.00 <br /> <br /> <br />
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