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SBM Solar
<br /> 12 Year Equipment Schedule
<br /> Three Year, 85% Grant
<br /> DOR Tables Accumulated Net
<br />Year Investment Percent Good Taxable Value County Tax Grant Net to County To County
<br />1 1,300,000 0.92 1,196,000 7,535 6,405 1,130 1,130
<br />2 1,300,000 0.87 1,131,000 7,125 6,057 1,069 2,199
<br />3 1,300,000 0.81 1,053,000 6,634 5,639 995 3,194
<br />4 1,300,000 0.74 962,000 6,061 6,061 9,255
<br />5 1,300,000 0.67 871,000 5,487 5,487 14,742
<br />6 1,300,000 0.60 780,000 4,914 4,914 19,656
<br />7 1,300,000 0.51 663,000 4,177 4,177 23,833
<br />8 1,300,000 0.40 520,000 3,276 3,276 27,109
<br />9 1,300,000 0.31 403,000 2,539 2,539 29,648
<br />10 1,300,000 0.25 325,000 2,048 2,048 31,695
<br /> 49,795 18,100 31,695
<br />EDC Net
<br />To County
<br />1,229
<br />1,106
<br />995
<br />5,971
<br />5,373
<br />4,836
<br />4,353
<br />SBM Solar Grant is for an expanding business. The company is on the tax rolls with a trending schedule
<br />based on the NCDOR A12 Schedule. The 2009 schedule has been used to calculate this information. Although
<br />the trending scheules change slightly from year to year, the differences in future years will be immaterial.
<br />The EDC calculations use a roling 10% depreciation on the previous year's balance. Although the calculation
<br />is slightly different, the overall net to the County is comparable.
<br />G-1
<br />Accumulated Net
<br />Per EDC
<br />1,229
<br />2,335
<br />3,330
<br />9,301
<br />14,674
<br />19,510
<br />23,863
<br />Attachment number 7
<br />Page 244
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