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Pleasanton General Plan Fiscal Impact Analysis <br /> Final Report 01/16/14 <br /> • EPS assumes commercial building values range from $180 for warehouse/industrial to $416 <br /> per square foot for retail based on the rent capitalization approach. <br /> • Property turnover rates are assumed to range between 5 and 15 percent a year. Residential <br /> for-sale detached turnover rates are assumed to be 7 percent per annum and for-sale <br /> attached rates are assumed to be 15 percent per annum, as higher density residential <br /> property typically turns over more frequently. Elderly housing is assumed to fall within this <br /> range with an annual turnover rate of 10 percent. Residential rental, retirement/ <br /> convalescent, and commercial uses turnover is assumed at 5 percent per annum as <br /> investment product typically turns over less frequently. <br /> • This analysis assumes growth occurs within the existing City limits that does not require <br /> annexation. To the extent that annexation may be required, revenue and cost allocations <br /> may vary. <br /> • All dollar amounts in this report are in constant 2013 dollars. <br /> Economic&Planning Systems, Inc. 24 P:\121000\121062Pleasanton\Report\121062Report_FINAL.doc <br />