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whether assisted living facilitieat, which likewise may meet the Initiative's definition of housing unit, should want toward the housing cap. Cotmting rooms in assisted living facilities against the housing cap will reduce the number of units available in the City, po~ti~]y impacting the availability of workforce housing. Fiscal Impact: If the Initiative is adopted, shifting units from hillsides to other areas of the City. will likely result in a fiscal impact to the City in the form of decreased net annual operating revenues ranging from 569,000 to 5183,000, as well as the loss of up to 52.8 million in one-time development impact fees for infrastructure projects. Additionally, the Pleasanton Unified School District is projected to receive 53.6 million to 512.9 million less in ono-time development school impact fees than would have otherwise been anticipated when the housing cap is reached. The following table sumntsrius the fiscal impacts related to the hillside policy: Annual Reduction in Net Rwenues Per Year Ona-Time Davabpmsnt Fasa Cily Pleasanton UnMed School DieMct Other Aysncisa _ Ranaa of Raductlon In Nat Rwanuaa !dllllmllm 1dl0lmlllR S 183,000 S - 89,000 3 2,797,984 Z - i 12,903,296 i 3,590,230 3 2.423.232 S 476.360 ' Fa exempla, the City's Parkview Assisted Irving Facility iacluda {6 unib whkh haw a bathroom cad kitcheneae (e.g. Idtchea sink mini re8igerater and mirrowaw ovtm)bat all residents haw a meal piss. Taldsg the de9aidon in the lnitlatIve IitetallY, t6ae h'Pa of unite would eotmt agaisst the housing cap. FIIetorieally, however, the City hu exempted tmib within assisted Uving >3cilitla tUom the City s hous6sg cap. Conversely, ail independent Uving tmip fbr semen (e.g., tlr utsib wi~is Ridgevi ~ weUo~ all Kottinger Place, Pleaxntoa Gardens, etc.) haw bas counted towards the homing cBP. coaveadonal housing units, inehding single-6mity, multi-family, sad mobile homes that hoax senior (sa Satiom 5.20 std 5.25, bebw). 2