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HomeMy WebLinkAboutRFA 2015-10-28 Item 3 - Sample Cost Comparisons - Initial Regional Fire Cost Analysis for Fire ServicesINITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #1 Single - family residence - small ASSESSED VALUE: $150,000 SQUARE FOOTAGE: 1,380 sq. ft. OPTIONS WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) TUKWILA PROPERTY TAX $426 PROPERTY TAX NEEDED FOR FIRE CAPITAL $70 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $496 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $146 $380 $526 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $349 cD $380 $729 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. 5 INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #2 Single - family residence - medium ASSESSED VALUE: $266,000 SQUARE FOOTAGE: 2,640 sq. ft. OPTIONS WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) TUKWILA PROPERTY TAX $756 PROPERTY TAX NEEDED FOR FIRE CAPITAL $124 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $880 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $258 $617 $875 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. 6 Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $618 cD $617 $1,235 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #3 Single - family residence -large ASSESSED VALUE: $460,000 SQUARE FOOTAGE: 3,710 sq. ft. OPTIONS WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) TUKWILA PROPERTY TAX $1,307 PROPERTY TAX NEEDED FOR FIRE CAPITAL $215 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $1,522 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $447 $1,083 $1,530 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. 11 l l Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $1,070 $1,083 $2,153 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. 7 INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #4 Apartments - 4 units ASSESSED VALUE: $404,000 SQUARE FOOTAGE: 4,578 sq. ft. OPTIONS TUKWILA PROPERTY TAX PROPERTY TAX NEEDED FOR FIRE CAPITAL WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) $1,148 $189 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $1,337 EXPLANATION OF COSTS *r II ``I PM11100111MIP1111111[ ..,,. '1Nll11 �'�11'��� WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $392 $1,939 $2,331 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. 8 Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $939 $1,939 $2,878 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #5 Apartment - 24 units ASSESSED VALUE: $1,565,000 SQUARE FOOTAGE: 17,934 sq. ft. OPTIONS WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) TUKWILA PROPERTY TAX $4,447 PROPERTY TAX NEEDED FOR FIRE CAPITAL $733 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $5,180 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $1,519 $7,736 $9,255 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $3,638 cD $7,736 $11,374 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. 9 INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #6 Apartments - 68 units (subsidized) ASSESSED VALUE: $5,093,500 SQUARE FOOTAGE: 71,030 sq. ft. OPTIONS TUKWILA PROPERTY TAX WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) $14,475 PROPERTY TAX NEEDED FOR FIRE CAPITAL $2,385 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $16,860 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $4,946 grip $30,411 $35,357 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. 10 Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $11,842 cD $30,411 $42,253 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #7 Apartments -188 units ASSESSED VALUE: $13,675,000 SQUARE FOOTAGE: 160,700 sq. ft. OPTIONS TUKWILA PROPERTY TAX WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) $38,863 PROPERTY TAX NEEDED FOR FIRE CAPITAL $6,402 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $45,265 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $13,278 grip $62,555 $75,833 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $31,794 cD $62,555 $94,349 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. 11 INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #8 Commercial - small ASSESSED VALUE: $348,200 SQUARE FOOTAGE: 4,875 sq. ft. OPTIONS WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) TUKWILA PROPERTY TAX $989 PROPERTY TAX NEEDED FOR FIRE CAPITAL $163 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $1,152 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $338 $1,297 $1,635 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. 12 Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $809 cD $1,297 $2,106 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #9 Commercial - Warehouse ASSESSED VALUE: $1,570,800 SQUARE FOOTAGE: 18,786 sq. ft. OPTIONS WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) TUKWILA PROPERTY TAX $4,464 PROPERTY TAX NEEDED FOR FIRE CAPITAL $735 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $5,199 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $1,525 $4,048 $5,573 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $3,652 cD $4,048 $7,700 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. 13 INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #10 Commercial - warehouse ASSESSED VALUE: $2,993,800 SQUARE FOOTAGE: 38,600 sq. ft. OPTIONS TUKWILA PROPERTY TAX PROPERTY TAX NEEDED FOR FIRE CAPITAL WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) $8,508 $1,401 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $9,909 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $2,907 $11,690 $14,597 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. 14 Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $6,960 $11,690 $18,650 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #11 Commercial - office building ASSESSED VALUE: $4,555,400 SQUARE FOOTAGE: 49,300 sq. ft. OPTIONS WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) TUKWILA PROPERTY TAX $12,945 PROPERTY TAX NEEDED FOR FIRE CAPITAL $2,133 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $15,078 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $4,423 $16,349 $20,772 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $10,591 cD $16,349 $26,940 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. 15 INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #12 Commercial - Shopping center ASSESSED VALUE: $13,847,000 SQUARE FOOTAGE: 59,695 sq. ft. OPTIONS TUKWILA PROPERTY TAX WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) $39,351 PROPERTY TAX NEEDED FOR FIRE CAPITAL $6,483 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $45,834 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $13,445 grip $26,825 $40,270 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. 16 Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $32,194 cD $26,825 $59,019 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. INITIAL RFA COST ANALYSIS FOR FIRE SERVICES EXAMPLE #13 Commercial - industrial heavy ASSESSED VALUE: $7,381,000 SQUARE FOOTAGE: 323,778 sq. ft. OPTIONS WITHOUT RFA Tukwila property tax covering fire service costs and other City services Projected levy of $0.47/$1,000 for fire capital expenditures (facilities & equipment) TUKWILA PROPERTY TAX $20,976 PROPERTY TAX NEEDED FOR FIRE CAPITAL $3,455 KENT RFA ASSESSMENT (subject to voter approval) TOTAL YEARLY COST FOR EXAMPLE #1 $24,431 EXPLANATION OF COSTS WITH RFA APPROVAL Minimum projected property tax levy to fund current level of City services, minus fire services (subject to Council decision) RFA assessment covers fire service and capital costs $7,167 $84,492 $91,659 Fire service refers to staffing costs for medical, fire or rescue emergency response, and administration. Fire capital expenditures include facilities, apparatus (vehicles), and equipment. City services also include safety - related services that must remain with the City: emergency management, fire prevention, investigations. Maximum projected property tax levy to fund current level of City services, minus fire services, plus additional community priorities (subject to Council decision) RFA assessment covers fire service and capital costs $17,161 cD $84,492 $101,653 • Tukwila's property tax is based on the taxable assessed value in 2015. • The additional dedicated property tax for fire capital needs will be necessary to fully fund fire services if the City does not join the RFA. • The RFA assessment is based on a levy rate of $1.00 /$1,000 plus a Fire Benefit Charge using the square footage ofstructure(s) plus other factors. 17