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Pr, oposed Cabarrus County Parks and Recreation Master. Plan. Projected Average Annual Cost I. Immediate Time Frame Period Covered: FY years 1980-81 - 1984-85 Note: All Cost Estimates are in 1980 constant dollars and estimates should be periodically updated to existing inflation rates. Proposed Development Phase Capital Outlay Projected Increase FY B~ Priority Cost Operating Cost 1980-81 Stonewall Jackson Park I $ 371~375 $ 31,000 Land Acquisition(Kannapolis Area) NA No Estimate Same Upgrade Existing School Sites NA 42,400 Same 1981-82 Stonewall Jackson Park I $ 371,375 $ 50,000 Continue Upgrading School Sites NA 42,400 Same ~Land Acquisition(Harrisburg Area) . NA No Estimate Same 1982-83 Kannapolis Area Park I $ 325,000 $ 15,000 ~ Continue Upgrading School Sites NA 42,400 . Same 1983-84 Kannapolis Area Park I $ 325,000 $ 16,000 Continue Upgradin~ School Sites NA 42,400 Same 1984-85 Stonewall Jackson Park II $ 267,800 $ 43,000 Continue Upgrading School Sites NA 42,400 Same Total Projected Cost $1,872,550 $155,000 Notes: 1. Per capita expenditure for capital outlay for the 5 year plan based on a population of 84,000 is $4.46 per person. 2. Approximately 50% of all capital cost will be matchable through Federal Funds and Community contributions. Actual local expenditure would be approximately $936~275. 3. Per capita expenditure for increase in projected operation cost will total 37~ per person ~nnually. Based on the current tax base, the cost of~operation-~-~uld need to be increased by approximately 1/3~ on the tax rate annually or an approximate average expenditure of $31,000 annually. 4. The projected cost'~or capital cutlas based on the current tax base would average ap- proximately ].9~ annually on the tax rate or a~ average annual expenditure of $187,255.00. 5. The above estimated cost assumes that federal assistance(50% matching) and community assistance(50% matching) would be available annually. 6. If federal and community assistance is not available in the future, and the county had to expend the total cost for c.apital outla~, the approximate annual average expenditure based on the current-.ta~ base would equal approximately 3.8~ on the tax rate or an average annual expenditure of $374,510.00.