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such as ozone and nitrogen dioxide, are widely distributed throughout the Bay Area's air basin. With respect to the local effects of toxic air contaminants such as diesel particulate matter (DPM) and small/respirable particulate matter (PM2.5), the analysis in the DSEIR found that effects would be less than significant, with mitigation required only if a sensitive use, such as senior housing, be proposed within the EDZ). The distance between the proposed JDEDZ area and the Val Vista neighborhood (approximately 1,000 feet for locations within the JDEDZ except that of the existing Fed Ex facility) would preclude new uses within the JDEDZ from generating significant localized air quality impacts to this neighborhood. Please refer to Master Response to Comments About Impacts to the Val Vista and other Neighborhoods Near the Proposed EDZ (Attachment 2 — Final RTC/FSEIR Master Reponses). FISCAL IMPACT ALH Economics, an urban and regional economics consulting firm under contract to the City, prepared a fiscal impact analysis of the JDEDZ based upon the methodology and assumptions included in a fiscal impact study prepared for the JDEDZ in February 2015. The complete fiscal analysis is part of the Economic Analysis, which is prepared as Appendix A of the RTC/FSEIR, is available by link: http://www.cityofpleasantonca.gov/JDEDZRTCFSEIRMar2016. The earlier study was updated to take into account the City's Fiscal Year 2015/16 budget, as well as operating characteristics specific to the JDEDZ, such as likely taxable sales and sales that could be diverted from existing businesses in the market area. The fiscal impact analysis results indicate that on a worst case basis, assuming that all diverted sales are diverted from Pleasanton retailers (as opposed to retailers outside of Pleasanton), the JDEDZ is anticipated to generate a projected $1.4 to $1.7 million annual contribution to the City's General Fund at the completion of the first phase (which includes the club retail and hotel uses). This net revenue estimate increases to $2.1 to $2.3 million annually upon full buildout of the JDEDZ. At full buildout these net fiscal revenues represent an annual contribution equivalent to approximately 2.1 percent to 2.3 percent of the City's General Fund expenditures. Although these revenue estimates do not include any City contributions to the traffic improvements required by the JDEDZ, as noted above under "Timing and Finding of Traffic Mitigation Measures," the City's position is that the entire cost of the required improvements will be funded by future development applicants, future tenants, city traffic impact fees, and a portion of new sales tax revenues generated by the project. All improvements would need to be completed prior to occupancy of any significant new use within the proposed JDEDZ. Please refer to Attachment 5, Annual Net Fiscal Impact Analysis, for a summary of the fiscal analysis. In addition to the revenue shown in Attachment 5 (which focuses on City revenues and expenditures), property taxes generated from the JDEDZ would provide approximately $277,440 in annual revenue to the Pleasanton Unified School District (PUSD) and approximately $30,440 in annual revenue to other schools. The JDEDZ would also generate one-time supplemental taxes of approximately$42,725 to PUSD and $4,690 to other schools. Page 8 of 10