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5 PCSR 01-12-1995
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5 PCSR 01-12-1995
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Woodridge Estates <br /> This area represents upper-income single-family housing, which is in a heavily wooded and hilly area with no man- <br /> . made amenities. It is located near the commercial area of I-35 and Hwy 50. These are executive homes of higher <br /> quality construction and well blended into the landscape on larger lots. <br /> Zoning: R-2 Average Property Taxes: $4,357 <br /> School District: Lakeville Avg. # Children per Unit: • 1.33 <br /> Avg. Market Value: S195,889 Avg. # People per Unit: 3.61 <br /> Average Unit Age: 5 Years <br /> ANALYSIS: <br /> Woodridge Estates turns an overall positive fiscal impact for the City. Police services are relatively high, primarily <br /> alarms. It is mainly serviced by the I-35 and Hwy. 50 business area and the Burnsville Center area. The higher <br /> value of these homes compensates for the lower density. <br /> IWOODRIDGE ESTATES <br /> j :J 1 <br /> -`. �,. fly Annual Operating 5. City School 1 <br /> Figures District <br /> ....... <br /> •- -4144i,- - <br /> : ; : ' ,*, Expenditures $44,497 $317, 085 <br /> it A }- .,* Revenues 72, 052 360,387 <br /> _ Net Impact 27,554 43, 302 <br /> .4 T v II Y''111M <br /> I <br /> ` ! : "� =1" Overall Net 70, 856 <br /> ..r Per Acre Impact 975 747- Overall Net per 1,222 <br /> Acre <br /> FINDINGS: <br /> This type of development consumes land area, but does not burden city finances, excepting police. Police calls for <br /> this area are primarilly for burglar alarms. <br /> • <br /> 19 <br />
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