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Task 4.3 Forecast-Project Revenues <br />Tha budget analysis in Task 4.1 will also guide development of <br />revenue projections. we will estimate existing revenues that <br />will be increased by development and®r each of the alternatives <br />by simulating the actual workings of revenue sources. or by <br />.applying "average zevenue" techniques, depending upon which is <br />appropriate for the given revenue item. <br />Property tax projections will reflect the. .assessed value added <br />to the'tax base by,e incremental development under each <br />alternative. Sales'"tax projections will reflect the 'addition <br />of .new retail`aapace as well as the likely increase in sales in <br />existing sgac,a. Other revenues will similarly be modeled in a <br />manner that reflects the contribution of development potential <br />under each alternative. <br />.Task 4.4 Analyze Fiscal. hpact <br />We_will apply the cost and revenue projections to the budget <br />models developed in Task 4.1. The models will produce a <br />projection of the annual costs and revenues generated by the <br />incremental development under each alternative. The<projec- <br />tions will be.presented: in a format (budget ins items,.;depart.- <br />mentsy consistent with the City's budget. We will discuss <br />costs in excess of revenues within specific budget units., if <br />there ,are any such"instances, and will recommend mitigation <br />...measures to reduce. potential deficits. <br />TASK 5: SERVICE LEVEL/COIyIIrItJNITY STANDARDS EVALUATIfJN <br />The fiscal analysis described above-will answer the: question, <br />"Will the project generate sufficient revenues to cover its <br />service costs?" However, it is equally important, if not more <br />important, to ask how the project alternatives will affect the <br />City#a service levels and community standards. <br />The 1©.,.000.-acre planning area is almost equivalent in size to <br />the existing .incorporated.area of Pleasanton. Yet he area is <br />physically and visually isolated from the rest of the City by <br />the steep slopes of Pleasanton Ridge. Development ot'the area <br />might require major changes in the service and community stare- <br />lords currently established in the. City. <br />Development of the area has important implications for <br />Pleasanton's ability to function as a community with consistent <br />standards for service delivery, risk and liability, operational <br /> <br />r, <br />