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Project Key <br />�1 ; <br />Cabanvs County Economic Development GrentAnalysis C a b a r r u sN <br />5 year taxes $ 392,40 <br />This document is for calculation purposes only. The numbers computed <br />here are estimated based on general assumptions provided by the diens 15year grant $ 333,54 <br />the Cabarrus County Tax office and the North Carolina Dept of Rev e. <br />Actualgrants may vary 15 yr. net revenue $ 58,86 <br />Note, Grants Subject to Cabarms Economic Development Hoard <br />approval & governmental body approval. <br />G-2 <br />Year 1 <br />Year 2 <br />Year 3 <br />Year 4 <br />Year 5 <br />Total Assessed Value <br />$10,900,000.00 <br />$10,900,000.00 <br />$10,900,000.00 <br />$10,900,000.00 <br />$10,900,0( <br />County taxes at .72 <br />78 480.00 <br />78 480.00 <br />78 480.00 <br />78 480.00 <br />78,4 <br />Grant @ 85 % <br />$ 66,708.00 <br />$ 66,708.00 <br />$ 66,708.00 $ <br />66,708.00 $ <br />66,7( <br />Net Taxes to County <br />11 772.00 <br />11 772.00 <br />11 772.00 <br />11 772.00 <br />11,7 <br />5 year taxes $ 392,40 <br />This document is for calculation purposes only. The numbers computed <br />here are estimated based on general assumptions provided by the diens 15year grant $ 333,54 <br />the Cabarrus County Tax office and the North Carolina Dept of Rev e. <br />Actualgrants may vary 15 yr. net revenue $ 58,86 <br />Note, Grants Subject to Cabarms Economic Development Hoard <br />approval & governmental body approval. <br />G-2 <br />