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RevenueandExpenditure
Estimatesfor aProposedCityofBrookhaven
November 2011
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TableofContentsIntroduction............................................................................................................................. 1I. Revenues............................................................................................................................ 3II. Expenditures.................................................................................................................... 17AppendixA StudyAreaMap.............................................................................................. 32AppendixB TownBrookhavenDevelopment.................................................................... 33AppendixC MiscellaneousRevenues................................................................................. 37AppendixD UnincorporatedCountyRevenueFiguresandDataSources........................40AppendixE HotelsintheStudyArea................................................................................ 42Appendix
F
HOSTCalculations
and
County
Certification
Letter
........................................
43
AppendixG CDBGDataTables.......................................................................................... 50AppendixH ParksData...................................................................................................... 55AppendixI CapitalDataTables......................................................................................... 57
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Introduction
SeeAppendixAforamapofthestudyarea
See
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3See.
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I. Revenues
TheFiscalImpactonDeKalbCountywithPossible IncorporationofDunwoody,Georgia Revenue and ExpenditureAnalysis of a Proposed City ofDunwoody
SeeAppendixBforfurtherexplanationTable1:StudyAreaRevenueEstimates
RevenueSource DataSource Amount
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SeeAppendixC.
SeeAppendixDforcountyrevenuedatadetail.
TotalRevenueEstimate $23,810,619 $28,528,983
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Table2:2010PropertyValuesinStudyAreaandUnincorporatedDeKalb
StudyArea UnincorporatedDeKalbCounty
PercentStudyAreato
Unincorporated
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ThesearelistedinAppendixE
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Table3:2010PopulationFiguresforStudyAreaandUnincorporatedDeKalb
StudyArea
Unincorporated
DeKalbCountyPercent
Study
AreatoUnincorporated
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Appendix F contains these two separate calculations using the
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spreadsheetutilizedbytheGeorgiaDepartmentofRevenueaswellasthemostrecentcountycertificationletter.
ThedatausedforthesecalculationsisshowninAppendixG.4 see
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Table4:
City
and
Fiscal
Year
Budget
Revenue
Per
Capita
StudyAreaRevenueEstimate $149,040
See
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7See.
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Table5:2010DemographicProfileofStudyAreaandPrimaryComparisonCities
StudyArea JohnsCreek Dunwoody
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Table6:SummaryofExpenditureEstimates
TotalOperatingCosts $21,311,237
TotalAnnualExpenditures $25,083,242
DeficitBasedonRevenueEstimatesUsing2010PropertyTaxes $1,272,623SurplusBasedonRevenueEstimatesUsing2011PropertyTaxes*** +$3,445,741
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Cityand
Fiscal
Year
Budget
Dept.
Budget
StudyAreaEstimate$215,093
City
and
Fiscal
Year
Budget
Dept.
Budget Per
Capita
StudyAreaExpenditureEstimate $408,260
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CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $2,035,399
Cityand
Fiscal
Year
Budget
Dept.
Budget Per
Capita
StudyAreaExpenditureEstimate $280,372
CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $1,804,216
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CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $151,991
CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $137,726
CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $2,701,897
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CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $101,327
CityandFiscalYearBudget LeasedSpaceSq.Ft. PerCapitaSq.Ft.
StudyAreaEstimateofSquareFootageNeeded 30,005
CityandFiscalYearBudget Dept.Budget PerSq.Ft.
StudyAreaExpenditureEstimate $592,592
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CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $295,620
SeeAppendixH.
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Table7:StudyAreaParkAmenities
CityandFiscalYearBudget Dept.Budget Acres CostPerAcre
StudyAreaExpenditureEstimate $1,376,492
See
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2010DemographicProfileStudyAreaandSmyrna
StudyArea Smyrna
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CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $5,568,082
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CityandFiscalYearBudget Dept.Budget LaneMiles CostperLaneMile
StudyAreaExpenditureEstimate $3,610,978
CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $1,275,937
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CityandFiscalYearBudget Dept.Budget PerCapita
StudyAreaExpenditureEstimate $328,576
SeeAppendixI
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CityandFiscalYearBudget Budget CostPerOfficer
StudyAreaExpenditureEstimate $3,077,847
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CityandFiscalYearBudget Budget PerCapita StudyAreaExpenditureEstimate $827,342
$3,077,847
$827,342
$3,905,189
Amortizedover5yearsat2.5%interest $831,682
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Appendix
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BackgroundofTaxAbatementTransactions
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TownBrookhavenTaxAbatementStructure
17 The bond-lease transaction approved for Town Brookhaven consists of five separate series of bonds. The fiveseries were validated in the same validation proceeding in an aggregate principal amount not to exceed$244,000,000. Typically, the aggregate amount of the bonds will reflect the total amount of expected constructionand other development costs for a project.18 For example, initial bonds would be issued to acquire the land, and as improvements are constructed, additionalbonds are issued to acquire those improvements.
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TownBrookhavenPILOTAgreements
19 Since the bond structure technically consisted of five separate series of bonds, there are five separate, butsubstantially identical, PILOT agreements one for each series of bonds.
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RevenueSource
Methodology StudyAreaEstimate
DataSource
TotalMiscellaneous $13,743
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Example from 48-8-104
(2) For illustration purposes, a hypothetical example of the (3) In the event the total amount payable in a calendar year to all existing municipalities
calculation of the equalization amount is provided below. Calculated using DeKalb/Study Area as certified by the county pursuant to subparagraph (d)(2)(B) of this Code section plus
Example Example data Calculation the total equalization amount payable to all qualified municipalities in the special district
First, calculate the exceeds the capital outlay proceeds calculated based on a maximum capital factor of 0.200,
homestead factor in the commissio ner shall pay to the governing authority of each qualified municipali ty a share
accordance with division of such proceeds calculated as follows:
(c)(2)(B)(i) of this Code Amount from county certification letter (A) above plus Equalization amount (J) from lef 3,814,328.47$
section as follows: Does this amount exceed Capital outlay proceeds (A) below? YES
(A) Capital factor 0.150 0.150 - If yes, continue calculation below. If no, go to (5) belo
certified by county as
required by subsection (d) (A) Determine the capital outlay proceeds based on a maximum capital factor of 0.200;
of this Code section Capital outlay proceeds = Capital factor (A) times Net Sales & Use tax (B) from left 16,600,000.00$(B) Net amount of sales and $50 million 50,000,000.00$ 83,000,000.00$ (B) Subtract the amount certified by the county as payable to existing municipal ities pursuantuse tax collected in the to subparagraph (d)(2)(B) of this Code section;
special district pursuant Amount from county certification letter: $0.00
to this article for the (C) The remaining amount equals the portion of the capital outlay proceeds that may be used
previous calendar year by the commissioner to pay equalization amounts to qualified municipalities.
(C) Taxes levied for county $1 00 m il li on 10 0, 000 ,0 00 .0 0$ 154,329,606.97$ Total: 16,600,000.00$purposes on only that The commission er shall calculate each qualified municipalit y's share of such remaining amount
portion of the county tax by dividing the net homestead digest for each qualified municipality by the total homestead
digest that represents net digest for all municipalities.
assessments on qualified Net Homestead Digest for municipality: 1,291,864,316$
homestead property after Total Homestead Digest for all municipalities: 4,198,280,316
all other homestead Divide Net Homestead Digest by Total Homestead Digest: 31%
exemptions have been applied
(D) Calculation of 0.425 0.425 0.538 Total (C) above times calculated percentage above 5,108,031.39$homestead factor using
figures above =
[(1-0.150)($50 (4) In the event the incorporated county millage rate for a qualified municipality is greater than
million/$100 million)] the unincorporated county millage rate, no payment shall be due from the governing authority
Next, calculate the 15.0 mills of the qualified municipal ity to the governing authority of the county.equalization amount in
accordance with paragraph (1)
of this subsection as follows: (5) In the event the amount of capital outlay proceeds exceeds the sum of the equalization
(E) Unincorporated county 15.0 mills 15.00 19.40 mills amounts due all qualified municipalities plus the total amount certified under subparagraph (d)(2)(B)
millage rate of this Code section as due all existing municipalities, the commissioner shall distribute to each(F)Minus the incorporated Difference: (10.0 mills) (10.00) (13.91) mills qualified municipality a portion of such excess equal to the net homestead digest for such
county millage rate for municipality divided by the total homestead digest.
qualified municipality "Y" Capital outlay proceeds = Capital factor (A) times Net Sales & Use tax (B) from left -$
Difference: = 5.0 mills 5.00 5.49 mills Amount from county certification letter (A) above plus Equalization amount (J) from lef 10,928,408.00$
(G) Times homestead factor x .425 0.425 x 0.538 Does amount of Capital outlay proceeds exceed amount from (3) above NO
(calculated above) If yes, continue calculation below. If no, go back to (3) above
(H) Equals the equalization = 2.125 2.125 2.953 millsmillage: Amount of excess = Capital outlay proceeds minus amount from (3) above (10,928,408.00)$
(I) Times net homestead $2 00 m il li on 20 0, 000 ,0 00 .0 0$ 1,291,864,316$
digest for qualified Net Homestead Digest for municipality from Certification letter: 1,291,864,316.00$
municipality "Y" Total Homestead Digest for county: 9,051,268,724.00$
(J) Equals the equalization $425,000 $425,000.00 3,814,328.47$ Divide Net Homestead Digest by Total Homestead Digest: 14%
amount payable to
municipality "Y" Total (C) above times calculated percentage above (1,559,783.58)$
Georgia Department of Revenue
Local Government Services Division
Data compiled by: J.Ussery1 of 1
Scenario 1
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Example from 48-8-104
(2) For illustration purposes, a hypothetical example of the (3) In the event the total amount payable in a calendar year to all existing municipalities
calculation of the equalization amount is provided below. Calculated using DeKalb/Study Area as certified by the county pursuant to subparagraph (d)(2)(B) of this Code section plus
Example Example data Calculation the total equalization amount payable to all qualified municipalities in the special district
First, calculate the exceeds the capital outlay proceeds calculated based on a maximum capital factor of 0.200,
homestead factor in the commissio ner shall pay to the governing authority of each qualified municipali ty a share
accordance with division of such proceeds calculated as follows:
(c)(2)(B)(i) of this Code Amount from county certification letter (A) above plus Equalization amount (J) from lef 3,902,927.31$
section as follows: Does this amount exceed Capital outlay proceeds (A) below? NO
(A) Capital factor 0.150 0.150 0.200 If yes, continue calculation below. If no, go to (5) belo
certified by county as
required by subsection (d) (A) Determine the capital outlay proceeds based on a maximum capital factor of 0.200;
of this Code section Capital outlay proceeds = Capital factor (A) times Net Sales & Use tax (B) from left 18,241,559.40$(B) Net amount of sales and $50 million 50,000,000.00$ 91,207,797.00$ (B) Subtract the amount certified by the county as payable to existing municipal ities pursuantuse tax collected in the to subparagraph (d)(2)(B) of this Code section;
special district pursuant Amount from county certification letter: $0.00
to this article for the (C) The remaining amount equals the portion of the capital outlay proceeds that may be used
previous calendar year by the commissioner to pay equalization amounts to qualified municipalities.
(C) Taxes levied for county $1 00 m il li on 10 0, 000 ,0 00 .0 0$ 154,329,606.97$ Total: 18,241,559.40$purposes on only that The commission er shall calculate each qualified municipalit y's share of such remaining amount
portion of the county tax by dividing the net homestead digest for each qualified municipality by the total homestead
digest that represents net digest for all municipalities.
assessments on qualified Net Homestead Digest for municipality: 1,291,864,316$
homestead property after Total Homestead Digest for all municipalities: 4,198,280,316
all other homestead Divide Net Homestead Digest by Total Homestead Digest: 31%
exemptions have been applied
(D) Calculation of 0.425 0.425 0.473 Total (C) above times calculated percentage above 5,613,160.12$homestead factor using
figures above =
[(1-0.150)($50 (4) In the event the incorporated county millage rate for a qualified municipality is greater than
million/$100 million)] the unincorporated county millage rate, no payment shall be due from the governing authority
Next, calculate the 15.0 mills of the qualified municipal ity to the governing authority of the county.equalization amount in
accordance with paragraph (1)
of this subsection as follows: (5) In the event the amount of capital outlay proceeds exceeds the sum of the equalization
(E) Unincorporated county 15.0 mills 15.00 19.40 mills amounts due all qualified municipalities plus the total amount certified under subparagraph (d)(2)(B)
millage rate of this Code section as due all existing municipalities, the commissioner shall distribute to each(F)Minus the incorporated Difference: (10.0 mills) (10.00) (13.01) mills qualified municipality a portion of such excess equal to the net homestead digest for such
county millage rate for municipality divided by the total homestead digest.
qualified municipality "Y" Capital outlay proceeds = Capital factor (A) times Net Sales & Use tax (B) from left 18,241,559.40$
Difference: = 5.0 mills 5.00 6.39 mills Amount from county certification letter (A) above plus Equalization amount (J) from lef 11,211,166.00$
(G) Times homestead factor x .425 0.425 x 0.473 Does amount of Capital outlay proceeds exceed amount from (3) above YES
(calculated above) If yes, continue calculation below. If no, go back to (3) above
(H) Equals the equalization = 2.125 2.125 3.021 millsmillage: Amount of excess = Capital outlay proceeds minus amount from (3) above 7,030,393.40$
(I) Times net homestead $2 00 m il li on 20 0, 000 ,0 00 .0 0$ 1,291,864,316$
digest for qualified Net Homestead Digest for municipality from Certification letter: 1,291,864,316$
municipality "Y" Total Homestead Digest for county: 9,051,268,724$
(J) Equals the equalization $425,000 $425,000.00 3,902,927.31$ Divide Net Homestead Digest by Total Homestead Digest: 14%
amount payable to
municipality "Y" Total (C) above times calculated percentage above 1,003,429.98$
Georgia Department of Revenue
Local Government Services Division
Data compiled by: J.Ussery1 of 1
Scenario 2
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Department of Recreation, Parks and Cultural Affairs
Brookhaven Scope Questions
1. The age and square footage of the recreation centers in Briarwood Park and
Lynwood Park?
Briarwood Recreation Center
History
The center was built in 1964. It is unknown if the property was either purchased or donated.The origin of its name is unknown.Building Features - less than 10,000 square feet to include:
x Gymnasium 5205 sq. ft. Multi-purpose room 1200 sq. ft.
x classroom 525 sq. ft.(estimate) office 90 sq. ft. (est.)
x mechanical room 60 sq. ft. (est.) hallway 32 sq. ft. (est.)
x snack area 464 sq. ft (est.) kitchen 70 sq. ft. (est.)
x x-room 44 sq. ft. (est.) restrooms each @ 296 sq. ft. (est.)
Lynwood Recreation Center
History
x Lynwood Recreation Center originated from the Lynwood Park School.
x The school was built in the early 40s for the African-American communitystudents in grades 1-12
x When integration took place in the mid-60s the school closed.
x The county purchased the land for $1.00 and redeveloped the recreation center inthe early 70s.
Building Features - 15,000 square ft. The building consist of a game room 38x 28 ,art/weight room 28x 24,
2. The annual revenue collected from the reservation fees for picnic shelters in Blackwood
Park and Murphey Candler Park?
The department only charges a fee to rent a picnic shelter at Blackburn and its estimated annualrevenue is around 1,500 dollars annually.
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3. The total annual revenue generated by the pools in Briarwood, Lynwood, and Murphey
Candler Parks?
Briarwood pool = pool closed due environmental issuesLynwood Pool = $800 dollars annually
Murphey Candler = 31,000 annually
4. The total annual revenue generated by the tennis courts in Ashford, Blackburn,
Briarwood, Lynwood, Murphey Candler, and Skyland Parks?
The Department only charges a fee at Blackburn tennis center and it brings in an estimated$16,600 dollars annually.
5. The annual costs for operating these parks, pools and recreation centers?
x It costs the County approximately $113,000 annually to operate the Lynwood and
Briarwood Recreation Centers.
x Annual costs to the County to operate Murphey Candler, Lynwood and Briarwood pools:
Murphy Candler:o $25,000 for personnelo $9,000 chemical costo $3,000 supplies
Briarwood and Lynwood are the same due to volume of people attending:o 16,000 for personnelo
5,500 chemical costo 3,000 supplies
Annual costs for operating Ashford, Blackburn, Briarwood, Lynwood, Murphey Candler, andSkyland Parks:
o $331,040 per year
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Supplemental ProposedCityofBrookhavenPropertyTaxAnalysis
January 2012
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SupplementalProposedCityofBrookhavenPropertyTaxAnalysis
AttherequestofStateRepresentativeMikeJacobs,thissupplementalanalysiswasundertakento determine the potential property tax revenue that would be derived under two hypotheticalmunicipalmillageratescenarios.Utilizingthesamedatausedtopreparetheprimaryreport,RevenueandExpenditureEstimatesforaProposedCityofBrookhaven,theamountofpropertytaxrevenuethatwould be generated by a hypothetical municipal millage rate of 3.35 mills and 3.221 mills with ahomestead exemption of $20,000 was calculated. Because residential homestead property owners inDeKalbCountyenjoythebenefitofapropertytaxrollbackoncountytaxesbyvirtueoftheoperationofthe Homestead Option Sales Tax, identical millage rates imposed by the county and cities within thecounty have a different impact in the dollar amount due the applicable government from residentialhomesteadpropertyowners.
Theprimarystudyestimatedexpendituresat$25,083,242andrevenuesof$28,528,983basedon the 2011 preliminary tax digest and current county special district millage rate of 6.39 mills. Thisrevenue estimate is based upon an estimation of $9,927,881 in property tax revenue and $43,207 inproperty tax penalties currently being collected in the DeKalb County special district. The estimatedrevenues other than the property tax related revenues are $18,557,895, meaning that for estimatedrevenuestomatchestimatedexpenditures,$6,525,347wouldneedtobegeneratedbypropertytaxes.Asdemonstratedinthetablebelow,themillageratenecessarytogeneratethatamountofpropertytaxrevenue is 3.221. A municipal millage rate of 3.35 mills would generate $6,786,928, which exceedsestimatedexpendituresintheprimarystudyby$261,348.
Table1:RevenueGeneratedbyHypotheticalCityMillageRates andDeKalbSpecialDistrictMillageRateCityMillageRateof3.221millswith$20,000homesteadexemption
City Millage Rate of 3.35 mills with$20,000homesteadexemption
DeKalbCountyMillageRate of6.39mills with existing homesteadexemptions and HOST factor of47.3%
$6,525,580 $6,786,928 $9,927,881
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Supplemental ProposedCityofBrookhavenAirportAreaRevenueAnalysis
March 2012
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SupplementalProposedCityofBrookhavenAirportAreaRevenueAnalysis
ThissupplementalanalysiswasundertakenattherequestofStateRepresentativeMikeJacobsto determine the estimated potential tax and fee revenue value that could be derived from a smallportionoftheareaoriginallyincludedinthestudyareaintheprimaryreport,RevenueandExpenditureEstimatesforaProposedCityofBrookhaven.Utilizingthesamedataandmethodologyusedtopreparetheprimaryreport,theestimatedamountofrevenuethatwouldbegeneratedbythesocalledairportareawascalculated.1
It should be noted that much of this area is part of Peachtree DeKalb Airport and thus beingpublicproperty,wouldnotgeneratetaxrevenuetoamunicipalcorporation.Becausethereisverylittleresidentpopulationintheairportarea,therevenueestimatemethodologiesprovidedinthereportthataremostheavilydependentoncommercialpropertywereutilized.Includingpropertytaxes,removaloftheairportareawouldreducetheoverallrevenueestimatebyapproximately$126,000.Fordeterminingthepropertytaxportionofthisestimate,apropertytaxmillagerateof3.35millsandthe2011propertytaxdigestvalues,whichwerelowerthan2010values,wereused.
The following table demonstrates the changes in the ratios of residential, commercial, andindustrial areas of the study area to the unincorporated area of DeKalb County with the Airport Arearemoved.
RatioComparisonsPrimaryReportStudyAreaWithandWithoutAirportArea OriginalStudyArea (including
AirportArea) StudyAreawithoutAirportAreaResidentialAV 14.67% 14.66%
CommercialAV 12.41% 12.10%IndustrialAV 1.40% 1.31%
A previous supplemental analysis, Supplemental Proposed City of Brookhaven Property TaxAnalysis,indicatedthatamunicipalmillagerateof3.35millsinthestudyareawouldgenerateanoverallrevenueestimatewhichexceedsestimatedexpendituresintheprimarystudyby$261,348.Subtractingthe estimated revenue loss resulting from removal of the airport area from this figure, results in ananticipatedsurplusof$135,348,beforetakingintoconsiderationanypossiblereductioninexpendituresthatmightresultfromremovaloftheairportarea.
removal of
the airport area would reduce the overall revenue estimate by approximately $126,000.
3.35 mills
anticipated surplus of $135,348,
results in an
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