Riviera Park Fiscal Impact Analysis - UPDATE - FINAL
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Riviera Park Project – Ammon, Idaho
Fiscal Impact Analysis ‐ UPDATE
March 2023
TGS Consulting was retained by Scratch Management to update the fiscal impact to ongoing operations
of the City of Ammon as a result of the Revised Riviera Park Development in Ammon, Idaho. TGS
Consulting has prepared Fiscal Impact Studies for multiple governmental jurisdictions in Idaho and Utah
and used the methodology created for those studies in its development of this analysis.
Figure 1 identifies the Riviera Park location as situated at the Northeast corner of North Hitt Road and
East Lincoln Road, in currently unincorporated Bonneville County.
Figure 1 ‐ Riviera Park Subject Site Location
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Riviera Park was broken down into two distinct projects:
A Residential development portrayed in Figure 2 and consisting of:
o 173 Townhomes averaging approximately 1,880 square feet and broken down into 48
total buildings containing either three or four of the following townhome Unit Types:
Unit A – 2 Story, 3 Bedroom, 2.5 Bath, 2 Car Garage (48 total units)
Unit B – 3 Story, 3 Bedroom, 3 Bath, 2 Car Garage (48 total units)
Unit C – 3 Story, 3 Bedroom, 3 Bath, 2 Car Garage (29 total units)
Unit D – 3 Story, 3 Bedroom, 3 Bath, 2 Car Garage (48 total units)
Figure 2 Riviera Park Townhome Frontal Elevation
o 385 Apartment units averaging approximately 800 square feet and broken down into 11
buildings and containing three‐unit types;
1 Bedroom, 1 Bath (132 units)
2 Bedroom, 2 Bath (187 units)
3 Bedroom, 2 Bath (66 units)
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A Commercial development consisting of 24 buildings broken down into:
o 13 Retail outlets for a combined 170,662 square feet
o 6 Restaurant outlets for a combined 19,553 square feet
o 3 Office Buildings for a combined 150,220 square feet
o 40,000 square foot non‐profit medical clinic
Figure 3 ‐ Conceptual Site Plan
Revenue calculations for the project were based on the following:
Property Taxes ‐ FY 2023 Levy rates for the City of Ammon only.
Residential Property Values assuming construction costs at approximately:
o $376,000 per unit for townhomes
o $145,000 per unit for apartments
Homeowners Exemption assumed at 80% of townhome residential construction, as owner
occupied primary homes and none of the apartments are assumed to be owner occupied.
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Expenditure calculations were based on the following factors:
FY 2023 City of Ammon Budget
Population data from the State of Idaho and the U.S. Census.
Variable costs for City services and Residential vs Commercial impacts based on Fiscal Impact
Studies, conducted by TGS Consulting, for other Idaho Cities.
Methodology
TGS Consulting, through a series of calculations, forecasted the total anticipated property value of the
proposed Riviera Park Project and its corresponding revenue to the City of Ammon. The cost to provide
the services necessary to support the proposed development was then calculated to evaluate the net
impact to the City from the Riviera Park Project.
There are several primary driving factors when evaluating economic impact to a jurisdiction which
include: the operating expenditure budget for the jurisdiction, population estimates, the mix between
residential and commercial development, and the relationship between fixed and variable operating
costs of the jurisdiction. A vital factor in a fiscal impact analysis is the variability of each City service, or
the degree to which the City budget for a specific service reacts or increases due to growth, as not all
services are variable. For example, if the City were to double in size, it would not require two Mayors. It
would, however require twice as many police officers. The majority of administrative functions are
typically fixed, while the majority of police functions are typically variable. A final factor that affects
costs is related to the mix between residential and commercial development. For example,
administrative costs are more heavily impacted by residential development and police services are
basically shared equally between residential and commercial needs. In this fiscal impact analysis,
assumptions about variability and land use were based on historical studies conducted by TGS
Consulting for several cities in Southwestern Idaho. All of these factors were then reviewed and
modified by City of Ammon staff to ensure they reflect their operations.
Population can have a dramatic impact on both the revenue and expenditure calculations in a fiscal
impact analysis. Typical city services that are most directly affected by population include Fire, Police,
and Parks/Recreation. The City of Ammon contracts for police services with the Bonneville County
Sheriff and fire services are provided by Bonneville County Fire Protection District. These entities will
receive corresponding property taxes to fund growth in their jurisdictions under the normal Idaho
growth formula. The only remaining city services directly affected by population is the Parks and
Recreation department. Riviera Park is unusual as it is driven by a significant portion of commercial
development along with smaller multifamily sized units. Commercial development has no impact on
population statistics and therefore no impact on the Parks and Recreation department.
The residential component of the project is the only source of population growth. In prior studies, TGS
Consulting has relied on the City of Ammon Comprehensive Plan for the anticipated 3.15 persons per
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household. This number matches the U.S. Census estimated persons per single family units as identified
in the 2019 American Community Survey 5‐Year Estimates as illustrated in Figure 4.
Figure 4 ‐ City of Ammon PPHU
As can be seen in Figure 4, the total average persons per housing unit (“PPHU”) for multifamily of 1.47 is
well below the average for single family units. As such, TGS Consulting has elected to use the Census
information for multifamily units in this study. The reason for this decision is to maintain the most
accurate approach to the economic impact on the City of Ammon related to the Riviera Park Project.
On final source of data for comparison is the Public Use Microdata Samples (“PUMS”) compiled from the
American Community Survey. This is sample data regarding housing units that is segmented into the
number of persons per household based on the number of bedrooms within the housing unit universe.
Figure 5 portrays the PUMS data for the Public Use Microdata Area (“PUMA”) 1200 which include much
of Bonneville County. This fitted curve calculates a 1.37 estimated number of PPHU for an 800 square
foot residence, which aligns closely with the Census Data at 1.47 PPHU.
Housing Persons per Persons per Housing
Housing Type Persons Units Housing Unit Households Household Unit Mix
Single Family [1]15,353 4,891 3.14 4,686 3.28 79%
Multifamily [2]1,901 1,295 1.47 1,109 1.71 21%
Total 17,254 6,186 2.79 5,795 2.98
[1] Includes attached and detached single family homes and mobile homes
[2] Includes structures with 2+ units
Source: U.S. Census Bureau, 2021 American Community Survey 5‐Year Estimates
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Figure 5 ‐ CItywide PPHU for PUMA 1200
Bedrooms Square Feet Persons Sq Ft Range Persons
0‐21,0601.74Under 500 0.51
3 2,170 2.72 500 to 800 1.10
4 3,000 3.25 801 to 1,000 1.37
5+ 4,100 4.01 1,001 to 1,200 1.60
1,201 to 1,400 1.79
1,401 to 1,600 1.96
1,601 to 1,800 2.11
1,801 to 2,000 2.24
2,001 to 2,500 2.51
2,501 to 3,000 2.74
3,001 to 3,500 2.93
3,501 to 4,000 3.10
4,001 or More 3.25
Actual Averages per Hsg Unit Fitted‐Curve Values
y = 1.63ln(x) ‐9.692
R² = 0.9816
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
0 1,000 2,000 3,000 4,000 5,000Person per Housing UnitSquare Feet of Living Area
Citywide Persons per Housing Unit in
Ammon City
Average persons per housing unit derived
from 2019 ACS PUMS data for the area that
includes Bonneville County. Unit size for 0‐2
bedroom is from the 2019 U.S. Census
Bureau average for all multi‐family units
constructed in the Census West region. Unit
size for all other bedrooms is from the 2019
U.S. Census Bureau average for single‐family
units constructed in the Census Mountain
division.
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Results
At full buildout (4 years), the Riviera Park project is anticipated to add approximately $177 Million in
new taxable value and approximately 1,109 new residents to the City of Ammon. This would increase
the size of Ammon by approximately 10.0% in taxable value and 6% in population.
The methodology in these calculations is straightforward. The total operating expenditure budget for
the General Fund of the City of Ammon is identified by department. Although Riviera Park accounts for
a 6% increase in population, it accounts for a 10.0% increase in taxable value. As such, TGS Consulting
assumed a 10.0% impact on the City Budget, which again is a more conservative approach and allocates
more costs to the project. This allocated expenditure amount was then segmented into the fixed and
variable components, as mutually agreed upon by City staff and TGS Consulting. Finally, these costs
were again segmented into their residential and commercial components. Revenues were calculated
based on the assessed value of each element reduced to 90% and then reduced again by the effective
homeowners exemption calculation described earlier. This value was multiplied by the Ammon City levy
rate to generate property tax revenue. Sales and Liquor taxes are formulas based on the population
growth.
The Enterprise Funds including Sewer and Water are budgeted based on fee for service and therefore
will always have the opportunity to adjust their rates to maintain adequate cash flow. Funding for
capital costs related to the project are assumed to be negotiated through the development agreement.
As such, these funds were not included in this analysis. Also, no impact to districts or entities apart from
the City are included in this analysis, as these authorities would communicate directly with the
developer, should they have issues or concerns.
Based on the variability and land use assumptions used in the analysis, the City of Ammon’s General
Fund would experience a positive net fiscal impact of approximately $1.0 million for the City of
Ammon’s General Fund over the fifteen‐year analysis period. A net present value calculation of the
surplus over the 15‐year period, using a 3%, 6% and 9% annual discount rate, resulted in $757,000,
$586,000, and $463,000 revenue surpluses for the City, respectively. As an alternative calculation,
because of the timing of property tax revenues to the City, a modified cash flow was created. Under this
scenario, the City could experience a funding shortfall in the first few years but would recover these
funds and receive positive cash flows thereafter. The NPV’s under this scenario are also positive at
$518,000, $373,000, and $271,000.
A secondary calculation was created to identify the benefit of this development in relation to its costs
whereby any number greater than one would indicate a net benefit to the City and anything below one
would be a detriment. This project should be expected to fall in the 1.3 to 1.5 benefit range for the vast
majority of the build out period.
One final series of calculations were conducted using 3.15 PPHU in multifamily units, as a precautionary
measure. The increased population would provide additional revenue and would result in increased
Police and Parks/Recreation service costs. Under this scenario, the City of Ammon could reasonably
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anticipate General Fund surpluses ranging from $400k at a 9% discount to $750k at a 3% discount rate.
This is an extremely conservative approach and still provides positive net revenues to the City.
Additional Assumptions
Newly enacted legislation (originally introduced as HB 389) in Idaho may result in reduced revenues
from new development for many cities and counties. Prior to HB 389, cities and counties were able to
receive the full value of annexation and new construction and were not limited in their property tax
collections. This is now no longer the case. Annexation and new construction values are limited to 90%
of their total value and are additionally limited to prevent the jurisdiction from raising total property
taxes above 8% over the prior year. The Riviera Park development is fairly large and at full buildout it
accounts for approximately 10.0% total taxable value growth for the City of Ammon. This project alone
would enable the City of Ammon to stay below the 8% cap in any given year. However, the City would
need to review all of their pending and approved projects on an annual basis, at minimum, to ensure
that the City is able to maximize proceeds from new development.
Finally, the actual length time for development completion, the actual ratio of primary vs secondary
homeowners and the actual impact factors will have an effect on the overall results. The first year of a
new development generally has the greatest negative impact to a jurisdiction because services are
anticipated to be provided when the development begins, while new tax revenue will not be collected at
least a year into the future.
To quantify the impact, TGS Consulting assumed a complete buildout of 4 years with an overall analysis
horizon of 15 years, with fluctuations each year to maximize development, and calculated the fiscal
impact for the first year. Under this scenario, the General Fund would be obligated to provide a
temporary funding source of approximately $77,000 for the first three years, until the development is
self‐funding and providing consistent positive cash flows. As an alternative, the City could choose to not
to provide additional services and collect additional budget for the first few years, recognizing that their
service levels may decline slightly to match costs to funding sources, as a method to bridge the short‐
term deficit. This is a very practical approach as it is not possible to hire part of a typical full‐time
position. The City would wait until the growth justifies hiring full‐time positions, which could take up to
three years and would easily bridge the funding shortfall. Both of these approaches are included in the
Cash Flow Summary section of this analysis, as possible methods to temporarily fund any shortfalls. The
City is eminently qualified to make the best decision for their constituents.
Notes
It should be noted that this analysis was conducted on the fiscal impact of Riviera Park on the City of
Ammon’s annual operating budget for the General Fund. It does not take into consideration the cost of
any offsite capital infrastructure that may be necessitated by the proposed development such as police
or fire stations. These costs will be recovered by the City through exactions, contributions and/or
impact fees.
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisSummarySummary Financial Statements2023 20242025 2026 2027 2028 2029 2030 2031 2032 2033 20342035 2036 2037RevenueProperty Tax 32,308 97,526 161,987 197,407 203,329 209,429 215,712 222,183 228,848 235,714242,785 250,069 257,571 265,298 273,257Sales Tax 4,628 9,437 13,530 17,780 18,136 18,498 18,868 19,246 19,630 20,023 20,42420,832 21,249 21,67422,107Liquor Tax 4,216 8,501 12,039 15,62415,62415,62415,62415,62415,62415,62424,322 33,281 42,508 52,013 61,802Total Revenue 41,153 115,464187,556230,811 237,088 243,551 250,204257,053 264,103 271,361 287,531 304,182 321,328 338,984357,166ExpendituresLegislative 151 500 839 1,000 1,030 1,061 1,093 1,126 1,159 1,194 1,230 1,267 1,305 1,344 1,384Executive 2,192 8,612 14,971 17,385 17,907 18,44418,997 19,567 20,15420,759 21,381 22,023 22,68423,36424,065Finance 1,219 3,080 4,804 6,041 6,222 6,409 6,601 6,799 7,003 7,213 7,429 7,652 7,882 8,118 8,362Clerk 1,602 4,049 6,317 7,943 8,181 8,426 8,679 8,940 9,208 9,484 9,769 10,062 10,363 10,67410,995Planning & Zoning 1,206 5,239 9,268 10,627 10,946 11,275 11,613 11,961 12,320 12,690 13,070 13,462 13,866 14,282 14,711Engineering 1,632 4,126 6,436 8,093 8,335 8,586 8,843 9,108 9,382 9,663 9,953 10,252 10,559 10,876 11,202Parks & Rec Fund Tsfr 13,560 27,93440,411 53,778 55,392 57,053 58,765 60,528 62,34464,21466,140 68,125 70,168 72,273 74,442Law Enforcement 11,087 33,999 56,028 67,647 69,677 71,767 73,920 76,137 78,422 80,77483,197 85,693 88,26490,912 93,639Subtotal 32,650 87,538 139,076172,514177,689 183,020188,511 194,166199,991 205,991 212,170218,536225,092 231,844238,800Net Fiscal Impact 8,503 27,925 48,48058,29759,39960,531 61,693 62,88664,11265,37075,36085,64696,236107,140118,367Benefit/Cost Ratio 1.26 1.32 1.35 1.34 1.33 1.33 1.33 1.32 1.32 1.32 1.36 1.39 1.43 1.46 1.50NPV @ 3/6/9% Discount Rates 757,106585,909 462,7803/21/2023Riviera Fiscal Impact ‐ UPDATEPage 1
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisSummaryCash Flow Summary (Assuming One Year Lag in Property Taxes)2023 20242025 2026 2027 2028 2029 2030 2031 2032 2033 20342035 2036 2037RevenueProperty Tax 32,308 97,526 161,987 197,407 203,329 209,429 215,712 222,183 228,848 235,714242,785 250,069 257,571 265,298Sales Tax 4,628 9,437 13,530 17,780 18,136 18,498 18,868 19,246 19,630 20,023 20,42420,832 21,249 21,67422,107Other 4,216 8,501 12,039 15,62415,62415,62415,62415,62415,62415,62424,322 33,281 42,508 52,013 61,802Total Revenue 8,844 50,247 123,095 195,391 231,166237,451 243,921 250,581 257,437 264,496280,459 296,898 313,826331,257 349,207ExpendituresLegislative 151 500 839 1,000 1,030 1,061 1,093 1,126 1,159 1,194 1,230 1,267 1,305 1,344 1,384Executive 2,192 8,612 14,971 17,385 17,907 18,44418,997 19,567 20,15420,759 21,381 22,023 22,68423,36424,065Finance 1,219 3,080 4,804 6,041 6,222 6,409 6,601 6,799 7,003 7,213 7,429 7,652 7,882 8,118 8,362Clerk 1,602 4,049 6,317 7,943 8,181 8,426 8,679 8,940 9,208 9,484 9,769 10,062 10,363 10,67410,995Planning & Zoning 1,206 5,239 9,268 10,627 10,946 11,275 11,613 11,961 12,320 12,690 13,070 13,462 13,866 14,282 14,711Engineering 1,632 4,126 6,436 8,093 8,335 8,586 8,843 9,108 9,382 9,663 9,953 10,252 10,559 10,876 11,202Parks & Rec Fund Tsfr 13,560 27,93440,411 53,778 55,392 57,053 58,765 60,528 62,34464,21466,140 68,125 70,168 72,273 74,442Law Enforcement 11,087 33,999 56,028 67,647 69,677 71,767 73,920 76,137 78,422 80,77483,197 85,693 88,26490,912 93,639Subtotal 32,650 87,538 139,076172,514177,689 183,020188,511 194,166199,991 205,991 212,170218,536225,092 231,844238,800Net Fiscal Impact (23,806)(37,292)(15,982)22,87753,47754,431 55,41056,415 57,44658,505 68,28978,36288,73499,413 110,408Benefit/Cost Ratio 0.27 0.57 0.89 1.13 1.30 1.30 1.29 1.29 1.29 1.28 1.32 1.36 1.39 1.43 1.46NPV @ 3/6/9% Discount Rates 517,610372,864270,9653/21/2023Riviera Fiscal Impact ‐ UPDATEPage 2
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisSummaryCash Flow Summary (Delayed Service Alternative)2023 20242025 2026 2027 2028 2029 2030 2031 2032 2033 20342035 2036 2037RevenueProperty Tax 32,308 97,526 161,987 197,407 203,329 209,429 215,712 222,183 228,848 235,714242,785 250,069 257,571 265,298Sales Tax 4,628 9,437 13,530 17,780 18,136 18,498 18,868 19,246 19,630 20,023 20,42420,832 21,249 21,67422,107Other 4,216 8,501 12,039 15,62415,62415,62415,62415,62415,62415,62424,322 33,281 42,508 52,013 61,802Total Revenue 8,844 50,247 123,095 195,391 231,166237,451 243,921 250,581 257,437 264,496280,459 296,898 313,826331,257 349,207ExpendituresLegislative 151 500 839 1,000 1,030 1,061 1,093 1,126 1,159 1,194 1,230 1,267 1,305 1,344Executive 2,192 8,612 14,971 17,385 17,907 18,44418,997 19,567 20,15420,759 21,381 22,023 22,68423,364Finance 1,219 3,080 4,804 6,041 6,222 6,409 6,601 6,799 7,003 7,213 7,429 7,652 7,882 8,118Clerk 1,602 4,049 6,317 7,943 8,181 8,426 8,679 8,940 9,208 9,484 9,769 10,062 10,363 10,674Planning & Zoning 1,206 5,239 9,268 10,627 10,946 11,275 11,613 11,961 12,320 12,690 13,070 13,462 13,866 14,282Engineering 1,632 4,126 6,436 8,093 8,335 8,586 8,843 9,108 9,382 9,663 9,953 10,252 10,559 10,876Parks & Rec Fund Tsfr 13,560 27,93440,411 53,778 55,392 57,053 58,765 60,528 62,34464,21466,140 68,125 70,168 72,273Law Enforcement 11,087 33,999 56,028 67,647 69,677 71,767 73,920 76,137 78,422 80,77483,197 85,693 88,26490,912Subtotal 0 32,650 87,538 139,076172,514177,689 183,020188,511 194,166199,991 205,991 212,170218,536225,092 231,844Net Fiscal Impact 8,84417,59735,55656,31458,65259,76260,901 62,07063,271 64,505 74,46984,72895,290106,166117,363Benefit/Cost Ratio 0.00 1.54 1.41 1.40 1.34 1.34 1.33 1.33 1.33 1.32 1.36 1.40 1.44 1.47 1.51NPV @ 3/6/9% Discount Rates 727,028 559,279 438,9293/21/2023Riviera Fiscal Impact ‐ UPDATEPage 3
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisProfit/(Loss) by TypeTownhomes @ 80% H.O.E. Summary2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037RevenueProperty Tax 13,058 26,995 42,431 59,491 61,276 63,114 65,007 66,958 68,966 71,035 73,166 75,361 77,622 79,951 82,350Sales Tax 2,265 4,618 6,621 8,700 8,874 9,052 9,233 9,417 9,606 9,798 9,994 10,194 10,397 10,605 10,817Liquor Tax 2,063 4,160 5,891 7,645 7,645 7,645 7,645 7,645 7,645 7,645 11,901 16,285 20,800 25,451 30,241Total Revenue 17,386 35,772 54,942 75,836 77,795 79,811 81,885 84,020 86,217 88,478 95,061 101,840 108,820 116,007 123,408ExpendituresLegislative 67 138 227 322 332 342 352 363 374 385 396 408 421 433 446Executive 973 2,005 3,293 4,670 4,810 4,954 5,103 5,256 5,414 5,576 5,744 5,916 6,093 6,276 6,464Finance 541 1,114 1,831 2,596 2,674 2,754 2,837 2,922 3,010 3,100 3,193 3,289 3,388 3,489 3,594Clerk 711 1,465 2,407 3,414 3,516 3,622 3,730 3,842 3,958 4,076 4,199 4,324 4,454 4,588 4,725Planning & Zoning 535 1,103 1,812 2,569 2,646 2,726 2,808 2,892 2,979 3,068 3,160 3,255 3,352 3,453 3,557Engineering 725 1,493 2,453 3,478 3,583 3,690 3,801 3,915 4,032 4,153 4,278 4,406 4,538 4,674 4,815Parks & Rec Fund Tsfr 6,020 12,402 20,373 28,892 29,759 30,652 31,571 32,519 33,494 34,499 35,534 36,600 37,698 38,829 39,994Law Enforcement 4,922 10,140 16,658 23,623 24,332 25,062 25,814 26,588 27,386 28,207 29,054 29,925 30,823 31,748 32,700Subtotal 14,496 29,861 49,054 69,566 71,653 73,802 76,016 78,297 80,646 83,065 85,557 88,124 90,767 93,490 96,295Net Fiscal Impact 2,890 5,911 5,888 6,271 6,142 6,009 5,8695,723 5,572 5,413 9,504 13,716 18,053 22,517 27,113Apartments @ 0% H.O.E. Summary2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037RevenueProperty Tax 19,250 39,484 54,550 70,959 73,088 75,280 77,539 79,865 82,261 84,729 87,271 89,889 92,586 95,363 98,224Sales Tax 2,364 4,819 6,910 9,080 9,261 9,447 9,636 9,828 10,025 10,225 10,430 10,638 10,851 11,068 11,290Liquor Tax 2,153 4,341 6,148 7,979 7,979 7,979 7,979 7,979 7,979 7,979 12,421 16,996 21,708 26,562 31,561Total Revenue 23,767 48,645 67,607 88,018 90,328 92,706 95,153 97,672 100,265 102,933 110,121 117,523 125,145 132,993 141,075ExpendituresLegislative 84 173 224 278 286 295 303 313 322 332 341 352 362 373 384Executive 1,219 2,511 3,239 4,022 4,143 4,267 4,395 4,527 4,663 4,803 4,947 5,096 5,248 5,406 5,568Finance 678 1,396 1,801 2,236 2,303 2,373 2,444 2,517 2,592 2,670 2,750 2,833 2,918 3,005 3,096Clerk 891 1,835 2,368 2,940 3,029 3,119 3,213 3,309 3,409 3,511 3,616 3,725 3,837 3,952 4,070Planning & Zoning 670 1,381 1,782 2,213 2,279 2,348 2,418 2,491 2,565 2,642 2,722 2,803 2,887 2,974 3,063Engineering 908 1,870 2,412 2,996 3,086 3,178 3,274 3,372 3,473 3,577 3,685 3,795 3,909 4,026 4,147Parks & Rec Fund Tsfr 7,540 15,532 20,038 24,886 25,632 26,401 27,193 28,009 28,849 29,715 30,606 31,525 32,470 33,444 34,448Law Enforcement 6,165 12,700 16,384 20,347 20,958 21,587 22,234 22,901 23,588 24,296 25,025 25,775 26,549 27,345 28,166Subtotal 18,154 37,398 48,247 59,919 61,717 63,568 65,475 67,439 69,463 71,546 73,693 75,904 78,181 80,526 82,942Net Fiscal Impact 5,613 11,248 19,361 28,099 28,612 29,138 29,67830,233 30,802 31,387 36,428 41,620 46,964 52,467 58,1333/21/2023Riviera Fiscal Impact ‐ UPDATEPage 4
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisProfit/(Loss) by TypeOffice Commercial Summary2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037RevenueProperty Tax 0 5,833 12,214 12,580 12,958 13,346 13,747 14,159 14,584 15,021 15,472 15,936 16,414 16,907 17,414Total Revenue 0 5,833 12,214 12,580 12,958 13,346 13,747 14,159 14,584 15,021 15,472 15,936 16,414 16,907 17,414ExpendituresLegislative 0 29 60 61 63 65 67 69 71 73 75 78 80 82 85Executive 0 628 1,294 1,333 1,373 1,414 1,457 1,500 1,545 1,592 1,640 1,689 1,739 1,792 1,845Finance 0 87 180 185 191 197 202 209 215 221 228 235 242 249 256Clerk 0 115 237 244 251 258 266 274 282 291 300 309 318 327 337Planning & Zoning 0 422 870 896 923 951 980 1,009 1,039 1,070 1,102 1,136 1,170 1,205 1,241Engineering 0 117 241 248 256 263 271 279 288 296 305 314 324 334 344Law Enforcement 0 1,711 3,525 3,631 3,740 3,852 3,968 4,087 4,209 4,336 4,466 4,600 4,738 4,880 5,026Subtotal 0 3,110 6,407 6,599 6,797 7,001 7,211 7,427 7,650 7,880 8,116 8,359 8,610 8,869 9,135Net Fiscal Impact 0 2,723 5,807 5,981 6,161 6,346 6,5366,732 6,934 7,142 7,356 7,577 7,804 8,038 8,279Retail Commercial Summary2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037RevenueProperty Tax 0 22,366 46,831 48,235 49,683 51,173 52,708 54,289 55,918 57,596 59,324 61,103 62,936 64,824 66,769Total Revenue 0 22,366 46,831 48,235 49,683 51,173 52,708 54,289 55,918 57,596 59,324 61,103 62,936 64,824 66,769ExpendituresLegislative 0 111 228 235 242 250 257 265 273 281 289 298 307 316 326Executive 0 2,409 4,962 5,111 5,265 5,423 5,585 5,753 5,925 6,103 6,286 6,475 6,669 6,869 7,075Finance 0 335 690 710 732 754 776 800 824 848 874 900 927 955 983Clerk 0 440 907 934 962 991 1,021 1,051 1,083 1,115 1,149 1,183 1,219 1,255 1,293Planning & Zoning 0 1,620 3,337 3,437 3,540 3,646 3,756 3,868 3,984 4,104 4,227 4,354 4,485 4,619 4,758Engineering 0 449 924 952 980 1,010 1,040 1,071 1,103 1,136 1,171 1,206 1,242 1,279 1,317Law Enforcement 0 6,562 13,517 13,922 14,340 14,770 15,213 15,670 16,140 16,624 17,123 17,636 18,165 18,710 19,272Subtotal 0 11,925 24,565 25,302 26,061 26,843 27,648 28,478 29,332 30,212 31,118 32,052 33,013 34,004 35,024Net Fiscal Impact 0 10,441 22,265 22,933 23,621 24,330 25,06025,812 26,586 27,384 28,205 29,051 29,923 30,821 31,7453/21/2023Riviera Fiscal Impact ‐ UPDATEPage 5
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisProfit/(Loss) by TypeRestaurant Commercial Summary2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037RevenueProperty Tax 0 2,847 5,962 6,141 6,325 6,515 6,710 6,911 7,119 7,332 7,552 7,779 8,012 8,253 8,500Total Revenue 0 2,847 5,962 6,141 6,325 6,515 6,710 6,911 7,119 7,332 7,552 7,779 8,012 8,253 8,500ExpendituresLegislative 0 14 29 30 31 32 33 34 35 36 37 38 39 40 41Executive 0 307 632 651 670 690 711 732 754 777 800 824 849 875 901Finance 0 43 88 90 93 96 99 102 105 108 111 115 118 122 125Clerk 0 56 115 119 122 126 130 134 138 142 146 151 155 160 165Planning & Zoning 0 206 425 438 451 464 478 492 507 522 538 554 571 588 606Engineering 0 57 118 121 125 129 132 136 140 145 149 153 158 163 168Law Enforcement 0 835 1,721 1,772 1,826 1,880 1,937 1,995 2,055 2,116 2,180 2,245 2,313 2,382 2,453Subtotal 0 1,518 3,127 3,221 3,318 3,417 3,520 3,625 3,734 3,846 3,962 4,080 4,203 4,329 4,459Net Fiscal Impact 0 1,329 2,835 2,920 3,007 3,097 3,1903,286 3,385 3,486 3,591 3,698 3,809 3,924 4,041Institutional Commercial Summary2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037RevenueProperty Tax 000000000000000Sales Tax 000000000000000Liquor Tax 000000000000000Total Revenue 000000000000000ExpendituresLegislative 0 35 71 74 76 78 80 83 85 88 90 93 96 99 102Executive 0 753 1,551 1,597 1,645 1,695 1,745 1,798 1,852 1,907 1,965 2,023 2,084 2,147 2,211Finance 0 105 216 222 229 236 243 250 257 265 273 281 290 298 307Clerk 0 138 283 292 301 310 319 329 338 349 359 370 381 392 404Planning & Zoning 0 506 1,043 1,074 1,106 1,140 1,174 1,209 1,245 1,283 1,321 1,361 1,401 1,443 1,487Engineering 0 140 289 297 306 316 325 335 345 355 366 377 388 400 412Law Enforcement 0 2,051 4,224 4,351 4,481 4,616 4,754 4,897 5,044 5,195 5,351 5,511 5,677 5,847 6,023Subtotal 0 3,727 7,677 7,907 8,144 8,389 8,640 8,900 9,167 9,442 9,725 10,016 10,317 10,626 10,945Net Fund Balance 0 (3,727) (7,677) (7,907) (8,144) (8,389) (8,640) (8,900) (9,167) (9,442) (9,725) (10,016) (10,317) (10,626) (10,945)3/21/2023Riviera Fiscal Impact ‐ UPDATEPage 6
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisAbsorptionAbsorption Schedule ‐ Straight Line AbsorptionAbsorption Rate 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 TotalTownhomes 25% 25% 25% 25% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100.0%Apartments 30% 30% 20% 20% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100.0%Office Commercial 0% 50% 50% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100.0%Retail Commercial 0% 50% 50% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100.0%Restaurant Commercial 0% 50% 50% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100.0%Institutional Commercial 0% 50% 50% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100.0%Units Occupied/Sq. Ft.Townhomes 43 43 43 4300000000000 173Apartments 116 116 77 7700000000000 385Office Commercial 0 25,037 25,03700000000000050,073Retail Commercial 0 85,331 85,331000000000000170,662Restaurant Commercial 0 9,777 9,77700000000000019,553Institutional Commercial 0 20,000 20,00000000000000040,000Cost per Sq. Ft.Townhomes 200 208 216 225234 243 253 263 274 285 296 308 320 333 346Apartments 185 192 200 208216 225 234 243 253 263 274 285 296 308 320Office Commercial200208 216225 234 243 253 263 274 285 296 308 320 333 346Retail Commercial225234 243253 263 274 285 296 308 320 333 346 360 375 390Restaurant Commercial250260 270281 292 304 316 329 342 356 370 385 400 416 433Institutional Commercial300312 324337 351 365 380 395 411 427 444 462 480 500 520Taxable ValueTownhomes 14,551,200 15,133,248 15,738,578 16,368,1210000000000061,791,147Apartments 15,186,322 15,793,775 10,903,151 11,339,2770000000000053,222,526Office Commercial 0 4,686,926 4,874,4030000000000009,561,330Retail Commercial 0 17,970,709 18,689,53700000000000036,660,246Restaurant Commercial 0 2,287,818 2,379,3310000000000004,667,149Institutional Commercial 0 5,616,000 5,840,64000000000000011,456,640Subtotal 29,737,522 61,488,476 58,425,640 27,707,39800000000000177,359,037Property Tax RevenueTownhomes @ 80% H.O.E. 13,058 13,545 14,626 15,78700000000000Apartments @ 0% H.O.E. 19,250 19,656 13,881 14,77300000000000Office Commercial 0 5,833 6,206000000000000Retail Commercial 0 22,366 23,794000000000000Restaurant Commercial 0 2,847 3,029000000000000Total Property Tax Revenue 32,308 64,248 61,536 30,56000000000000Sales Tax RevenueState Base ‐ Ammon Population 18,673 18,673 18,673 18,673 18,673 18,673 18,673 18,673 18,673 18,673 18,673 18,673 18,673 18,673 18,673State Total Population ‐ <Avg 616,393 616,393 616,393 616,393 616,393 616,393 616,393 616,393 616,393 616,393 616,393 616,393 616,393 616,393 616,393Ammon Share 3.03% 3.03% 3.03% 3.03% 3.03% 3.03% 3.03% 3.03% 3.03% 3.03% 3.03% 3.03% 3.03% 3.03% 3.03%Annual Excess Distribution 9,633,483 9,826,152 10,022,676 10,223,129 10,427,592 10,636,143 10,848,866 11,065,844 11,287,161 11,512,904 11,743,162 11,978,025 12,217,586 12,461,937 12,711,176Ammon Sales Tax ‐ Excess 291,837 297,673 303,627 309,699 315,893 322,211 328,655 335,228 341,933 348,772 355,747 362,862 370,119 377,522 385,072Ammon Revised Population 18,979 19,284 19,532 19,781 19,781 19,781 19,781 19,781 19,781 19,781 19,781 19,781 19,781 19,781 19,781Revised State Total Pop. ‐ <Avg 616,699 617,004 617,252 617,501 617,501 617,501 617,501 617,501 617,501 617,501 617,501 617,501 617,501 617,501 617,501Revised Ammon Share 3.08% 3.13% 3.16% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20%Revised Ammon Sales Tax ‐ Excess 296,465 307,110 317,157 327,479 334,029 340,709 347,524 354,474 361,564 368,795 376,171 383,694 391,368 399,195 407,179Sales Tax Increment 4,628 9,437 13,53017,78018,136 18,498 18,868 19,246 19,63020,023 20,42420,832 21,249 21,67422,107Liquor Tax RevenueBase Liquor Tax 257,662 261,878 266,163 269,701 273,286 273,286 273,286 273,286 281,485 289,929 298,627 307,586 316,813 326,318 336,107Liquor Tax Per Capita 13.8 14.0 14.3 14.4 14.6 14.6 14.6 14.6 15.1 15.5 16.0 16.5 17.0 17.5 18.0New Residents 306 306 248 24800000000000Incremental Liquor Tax 4,216 4,285 3,538 3,58500000000000New Liquor Tax Revenue 4,216 8,501 12,039 15,62415,62415,62415,62415,62415,62415,62424,322 33,281 42,508 52,013 61,8023/21/2023Riviera Fiscal Impact ‐ UPDATEPage 7
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisImpact on ExpendituresOperational Impact2023 20242025 2026 2027 2028 2029 20302031 2032 2033 20342035 2036 2037Expenditures ‐ TotalLegislative 18,303 18,853 19,41820,001 20,601 21,219 21,855 22,511 23,18623,882 24,59825,33626,09626,879 27,686Executive 159,098163,871 168,787173,850179,066184,438189,971 195,670201,540207,587213,814220,229 226,835 233,640240,650Finance 110,564113,881 117,297120,816124,441 128,174132,019 135,980140,059 144,261 148,589 153,047157,638162,367167,238Clerk 14,537 14,97415,423 15,885 16,362 16,853 17,35817,879 18,41618,96819,537 20,123 20,727 21,349 21,989Planning & Zoning19,451 20,035 20,63621,255 21,892 22,549 23,22623,922 24,64025,379 26,141 26,925 27,733 28,565 29,422Engineering 14,812 15,25615,71416,185 16,671 17,171 17,68618,217 18,763 19,32619,90620,503 21,11821,752 22,404Parks & Rec Fund Tsfr82,02484,485 87,02089,63092,319 95,089 97,941 100,880103,906107,023 110,234113,541 116,947120,456124,069Law Enforcement206,356212,546218,923 225,490232,255 239,223 246,399 253,791 261,405 269,247277,325 285,645 294,214303,040312,131Subtotal 625,146643,900663,217683,114703,607724,715 746,457768,851 791,916815,674840,144865,348891,309 918,048945,589Expenditures ‐ Variable %Legislative 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0%Executive 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0%Finance 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0%Clerk 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0%Planning & Zoning50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0%Engineering 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0%Parks & Rec Fund Tsfr60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0%Law Enforcement30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0%Absorption By TypeTownhomes 25.0% 50.0% 75.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%Apartments 30.0% 60.0% 80.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%Office Commercial 0.0% 50.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%Retail Commercial 0.0% 50.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%Restaurant Commercial 0.0% 50.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%Institutional Commercial 0.0% 50.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%Proportionate ShareTownhomes 49% 49% 52% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54%Apartments 51% 51% 48% 46% 46% 46% 46% 46% 46% 46% 46% 46% 46% 46% 46%Office Commercial 0% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15%Retail Commercial 0% 59% 59% 59% 59% 59% 59% 59% 59% 59% 59% 59% 59% 59% 59%Restaurant Commercial 0% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7%Institutional Commercial 0% 18% 18% 18% 18% 18% 18% 18% 18% 18% 18% 18% 18% 18% 18%Residential Expenditure ShareLegislative 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0% 60.0%Executive 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0%Finance 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0%Clerk 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0%Planning & Zoning45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0%Engineering 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0% 80.0%Parks & Rec Fund Tsfr100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%Law Enforcement65.0% 65.0% 65.0% 65.0% 65.0% 65.0% 65.0% 65.0% 65.0% 65.0% 65.0% 65.0% 65.0% 65.0% 65.0%Commercial Expenditure ShareLegislative 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0%Executive 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0%Finance 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0%Clerk 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0%Planning & Zoning55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0%Engineering 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0%Law Enforcement35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%3/21/2023Riviera Fiscal Impact ‐ UPDATEPage 8
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisImpact on ExpendituresOperational Impact2023 20242025 2026 2027 2028 2029 20302031 2032 2033 20342035 2036 2037Townhomes Variable ExpendituresLegislative 67 138 227 322 332 342 352 363 374 385 396 408 421 433 446Executive 973 2,005 3,293 4,6704,8104,9545,103 5,256 5,4145,576 5,7445,916 6,093 6,276 6,464Finance 541 1,1141,831 2,596 2,6742,7542,837 2,922 3,0103,1003,193 3,289 3,388 3,489 3,594Clerk 711 1,465 2,407 3,4143,516 3,622 3,7303,842 3,958 4,076 4,199 4,3244,4544,588 4,725Planning & Zoning535 1,103 1,812 2,569 2,646 2,726 2,808 2,892 2,979 3,068 3,1603,255 3,352 3,453 3,557Engineering 725 1,493 2,453 3,478 3,583 3,6903,801 3,915 4,032 4,153 4,278 4,406 4,538 4,6744,815Parks & Rec Fund Tsfr6,02012,402 20,373 28,892 29,759 30,652 31,571 32,519 33,49434,499 35,53436,60037,69838,829 39,994Law Enforcement4,922 10,14016,65823,623 24,332 25,062 25,81426,58827,38628,207 29,05429,925 30,823 31,74832,700Subtotal 14,49629,861 49,05469,56671,653 73,802 76,01678,297 80,64683,065 85,557 88,12490,767 93,49096,295Apartments Variable ExpendituresLegislative 84 173 224 278 286 295 303 313 322 332 341 352 362 373 384Executive 1,219 2,511 3,239 4,022 4,143 4,267 4,395 4,527 4,663 4,803 4,947 5,096 5,248 5,406 5,568Finance 678 1,396 1,801 2,236 2,303 2,373 2,4442,517 2,592 2,6702,7502,833 2,918 3,005 3,096Clerk 891 1,835 2,368 2,9403,029 3,119 3,213 3,309 3,409 3,511 3,616 3,725 3,837 3,952 4,070Planning & Zoning670 1,381 1,782 2,213 2,279 2,348 2,418 2,491 2,565 2,642 2,722 2,803 2,887 2,9743,063Engineering 908 1,8702,412 2,996 3,086 3,178 3,2743,372 3,473 3,577 3,685 3,795 3,909 4,026 4,147Parks & Rec Fund Tsfr7,54015,532 20,03824,88625,632 26,401 27,193 28,009 28,849 29,715 30,60631,525 32,47033,44434,448Law Enforcement6,165 12,70016,38420,347 20,95821,587 22,23422,901 23,58824,29625,025 25,775 26,549 27,345 28,166Subtotal 18,15437,39848,247 59,919 61,717 63,56865,475 67,439 69,463 71,54673,693 75,90478,181 80,52682,942Office Commercial Variable ExpendituresLegislative 0 29 60 61 63 65 67 69 71 73 75 78 80 82 85Executive 0 628 1,2941,333 1,373 1,4141,457 1,5001,545 1,592 1,6401,689 1,739 1,792 1,845Finance 0 87 180 185 191 197 202 209 215 221 228 235 242 249 256Clerk 0 115 237 244 251 258 266 274 282 291 300 309 318 327 337Planning & Zoning0 422 870 896 923 951 980 1,009 1,039 1,0701,102 1,136 1,1701,205 1,241Engineering 0 117 241 248 256 263 271 279 288 296 305 314 324 334 344Law Enforcement0 1,711 3,525 3,631 3,7403,852 3,968 4,087 4,209 4,336 4,466 4,6004,738 4,8805,026Subtotal 0 3,1106,407 6,599 6,797 7,001 7,211 7,427 7,6507,8808,116 8,359 8,6108,869 9,135Retail Commercial Variable ExpendituresLegislative 0 111 228 235 242 250 257 265 273 281 289 298 307 316 326Executive 0 2,409 4,962 5,111 5,265 5,423 5,585 5,753 5,925 6,103 6,286 6,475 6,669 6,869 7,075Finance 0 335 690 710 732 754 776 800 824 848 874 900 927 955 983Clerk 0 440 907 934 962 991 1,021 1,051 1,083 1,115 1,149 1,183 1,219 1,255 1,293Planning & Zoning0 1,6203,337 3,437 3,5403,646 3,756 3,868 3,9844,1044,227 4,3544,485 4,619 4,758Engineering 0 449 924 952 980 1,0101,0401,071 1,103 1,136 1,171 1,206 1,242 1,279 1,317Law Enforcement0 6,562 13,517 13,922 14,34014,77015,213 15,67016,14016,62417,123 17,63618,165 18,71019,272Subtotal 0 11,925 24,565 25,302 26,061 26,843 27,64828,47829,332 30,212 31,11832,052 33,013 34,00435,0243/21/2023Riviera Fiscal Impact ‐ UPDATEPage 9
Riviera Park Project ‐ Ammon, IdahoFiscal Impact AnalysisImpact on ExpendituresOperational Impact2023 20242025 2026 2027 2028 2029 20302031 2032 2033 20342035 2036 2037Restaurant Commercial Variable ExpendituresLegislative 0 14 29 30 31 32 33 34 35 36 37 38 39 40 41Executive 0 307 632 651 670 690 711 732 754 777 800 824 849 875 901Finance 0 43 88 90 93 96 99 102 105 108 111 115 118 122 125Clerk 0 56 115 119 122 126 130 134 138 142 146 151 155 160 165Planning & Zoning0 206 425 438 451 464 478 492 507 522 538 554 571 588 606Engineering 0 57 118 121 125 129 132 136 140 145 149 153 158 163 168Law Enforcement0 835 1,721 1,772 1,826 1,8801,937 1,995 2,055 2,116 2,1802,245 2,313 2,382 2,453Subtotal 0 1,518 3,127 3,221 3,318 3,417 3,5203,625 3,7343,846 3,962 4,0804,203 4,329 4,459Institutional Commercial Variable ExpendituresLegislative 0 35 71 74 76 78 80 83 85 88 90 93 96 99 102Executive 0 753 1,551 1,597 1,645 1,695 1,745 1,798 1,852 1,907 1,965 2,023 2,0842,147 2,211Finance 0 105 216 222 229 236 243 250 257 265 273 281 290 298 307Clerk 0 138 283 292 301 310 319 329 338 349 359 370 381 392 404Planning & Zoning0 506 1,043 1,0741,106 1,1401,1741,209 1,245 1,283 1,321 1,361 1,401 1,443 1,487Engineering 0 140 289 297 306 316 325 335 345 355 366 377 388 400 412Law Enforcement0 2,051 4,2244,351 4,481 4,616 4,7544,897 5,0445,195 5,351 5,511 5,677 5,847 6,023Subtotal 0 3,727 7,677 7,907 8,1448,389 8,6408,9009,167 9,442 9,725 10,01610,317 10,62610,945Total Variable ExpendituresLegislative 151 500 839 1,0001,0301,061 1,093 1,126 1,159 1,1941,2301,267 1,305 1,3441,384Executive 2,192 8,612 14,971 17,385 17,907 18,44418,997 19,567 20,15420,759 21,381 22,023 22,68423,36424,065Finance 1,219 3,0804,8046,041 6,222 6,409 6,601 6,799 7,003 7,213 7,429 7,652 7,882 8,118 8,362Clerk 1,602 4,049 6,317 7,943 8,181 8,426 8,679 8,9409,208 9,4849,769 10,062 10,363 10,67410,995Planning & Zoning1,206 5,239 9,268 10,627 10,94611,275 11,613 11,961 12,32012,69013,07013,462 13,86614,282 14,711Engineering 1,632 4,126 6,436 8,093 8,335 8,586 8,843 9,108 9,382 9,663 9,953 10,252 10,559 10,87611,202Parks & Rec Fund Tsfr13,56027,93440,411 53,77855,392 57,053 58,765 60,52862,34464,21466,14068,125 70,16872,273 74,442Law Enforcement11,087 33,999 56,02867,647 69,677 71,767 73,92076,137 78,422 80,77483,197 85,693 88,26490,912 93,639Total Variable Expenditures 32,65087,538139,076172,514177,689183,020188,511 194,166199,991 205,991 212,170218,536225,092 231,844238,8003/21/2023Riviera Fiscal Impact ‐ UPDATEPage 10