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Project Name: Goodman <br />�r <br />Cabanvs County Economic Development GrantAnalysis C a b a r ui�, <br />3 year taxes $ 432,000.00 <br />This document is for calculation purposes only. The numbers computed <br />here are estimated based on general assumptions provided by the diens 13year grant $ 367,200.00 <br />the Cabarrus County Tax office and the North Carolina Dept of Rev e. <br />Actualgrants may vary 3year net revenue $ 64,800.00 <br />Note, Grants Subject to Cabarms Economic Development Hoard <br />approval & governmental body approval. <br />Page 196 <br />Year 1 <br />Year 2 <br />Year 3 <br />Total Assessed Value <br />$20,000,000.00 <br />$20,000,000.00 <br />$20,000,000.00 <br />County taxes at .72 <br />$ 144 000.00 <br />144 000.00 <br />144 000.00 <br />Grant @ 85 % <br />$ 122,400.00 <br />$ <br />122,400.00 <br />$ <br />122,400.00 <br />Net Taxes to County <br />21r600.00 <br />21 600.00 <br />21 600.00 <br />3 year taxes $ 432,000.00 <br />This document is for calculation purposes only. The numbers computed <br />here are estimated based on general assumptions provided by the diens 13year grant $ 367,200.00 <br />the Cabarrus County Tax office and the North Carolina Dept of Rev e. <br />Actualgrants may vary 3year net revenue $ 64,800.00 <br />Note, Grants Subject to Cabarms Economic Development Hoard <br />approval & governmental body approval. <br />Page 196 <br />