PD183-CS 991217 (2) Copperstone Estates - 5% Loss in Value Copperstone Estates - 10% Loss in Value
Number of Homes 48 Number of Homes 48
Estimated Average Value' $ 375,000 Estimated Average Value S 375.000
jLoss in Value 5% J $ 18,750 JLoss in Value 10% J S 37.500
TOTAL LOSS IN TAXABLE VALUE $ 900,000 TOTAL LOSS IN TAXABLE VALUE $ 1,800,000
CISD Tax Rate (per $100) S 1.60 CISD Tax Rate (per $100) $ 1.60
]Lost CISD Taxes $ 14,400 Per Year I ]Lost CISD Taxes $ 28,800 Per Year
City Tax Rate (per S100) S 0.648 City Tax Rate (per $100) S 0.648
ILost City Taxes $ 5,832 Per Year I ILost City Taxes $ 11,664 Per Year
ITotal of Lost Taxes (One Year) $ 20,232 Per Year I JTotal of Lost Taxes (One Year) $ 40,464 Per Year
20 Year Inflated Taxes Lost $ 463,874 20 Year Inflated Taxes Lost $ 1,087,283
120 Year Net Present Value Lost $247,843 1 120 Year Net Present Value Lost $495,686 I