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Draft Memorandum January 22, 2025 East Pleasanton Annexation Fiscal Impact Analysis Page 2 Summary Table 1: East Pleasanton Annexation Program Summary Key Findings The following Key Findings highlight the net fiscal impact of the three proposed projects relative to baseline conditions both with and without annexation. Actual fiscal impacts will depend on a variety of factors that cannot be predicted with certainty, including future changes in City or State budgeting practices, the efficiency of various City departments in providing services, and other factors. The analysis presents impact estimates in constant 2024 dollars. 1.As proposed, all three project sites are expected to generate a positive annual net fiscal impact on the City of Pleasanton’s General Fund if annexed into the city. In combination the proposed projects are anticipated to generate a total positive net fiscal surplus Pleasanton’s General Fund in the range of $903,000 each year at project buildout as shown in Summary Table 2. The projects are expected to generate annual General Fund revenues above and beyond the General Fund expenditures required to serve the development, thereby more than covering its costs and generating surplus revenues to enhance services and/or service levels citywide. Each individual project site is estimated to have a positive impact on its own, with the Arroyo Lago site estimated to generate approximately $289,000 in annual surplus, the East Lakes Project estimated to generate approximately $500,000 in annual surplus, and the Parcel H site estimated to generate approximately $114,000. Item Program Commercial (sq. ft.) East Lakes - Retail 16,000 Parcel H - Light Industrial 299,655 Residential (units) Arroyo Lago Single Family 189 ADUs 49 Subtotal 238 East Lakes Project Independent Living 357 Assisted Living 88 Subtotal 445 Source: Steelwave LLC Page 224 of 749