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Redevelopment Projects
in Solano County and the
Impacts of the Governor's
    Budget Proposal

City County Coordinating Committee
        February 10, 2011
Allocation of Dixon’s
           Tax Increment
                                              FY 11/12 Est.

Gross Tax Increment                                 $2,058

Workforce/Affordable Housing            20%           $412

Tax Sharing                             35%           $717

Debt Obligations (Third-party / City)   17%           $351

State RDA Takeaway                      8%            $168
Remaining for RDA Projects and
Admin.                                  20%           $410
Impact of
           Governor’s Proposal

                                        FY 11/12 Est.

Gross Tax Increment                           $2,058
Less: Debt Obligations (Third-party /
City)                                           $351

Less: Tax Sharing                               $717

Remaining Tax Increment                         $990

Dixon’s Share (20% of Tax Increment)            $198
ST.
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                                                                                                                                                                                                                                                                                                                               DIXON
                                                                                                                                                                                                                                                                                                                              MAY FAIR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Rehabilitation
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            $15,000 (2010)
                           Heritage Commons
                                         SILVEYVILLE
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                                         CEMETARY

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Solano County RDA Presentation
Solano County RDA Presentation
Solano County RDA Presentation
Solano County RDA Presentation
Solano County RDA Presentation
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Solano County RDA Presentation
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Solano County RDA Presentation
Solano County RDA Presentation
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Solano County RDA Presentation

  • 1. Redevelopment Projects in Solano County and the Impacts of the Governor's Budget Proposal City County Coordinating Committee February 10, 2011
  • 2. Allocation of Dixon’s Tax Increment FY 11/12 Est. Gross Tax Increment $2,058 Workforce/Affordable Housing 20% $412 Tax Sharing 35% $717 Debt Obligations (Third-party / City) 17% $351 State RDA Takeaway 8% $168 Remaining for RDA Projects and Admin. 20% $410
  • 3. Impact of Governor’s Proposal FY 11/12 Est. Gross Tax Increment $2,058 Less: Debt Obligations (Third-party / City) $351 Less: Tax Sharing $717 Remaining Tax Increment $990 Dixon’s Share (20% of Tax Increment) $198
  • 4. ST. JE L FIFTH WEST D ST. WEST D ST. ANDERSON N. NORTH FIRS T ST. N. 6th ST. N. 7th ST. N. ELEMENTARY WA L NUT P ARK A VE. E AS T C ST. ST. RR ST. UP ST. E AS T C ST. PARK WEST C ST. S ECOND S TE PHEN WAS HING TO N S T. NO RTH FO URTH ST. DOYL E LN. THIRD ST. SCHOOL ST. ST. WEST B ST. E AST B ST. JA CK SO N ST. N. A DAMS NORTH Redevelopment Agency Projects E AST A ST. DIXO N AV E. EAST DIX ON A V. EAST N. WEST A ST. WEST A ST. E AST A ST. AN AR J PD S . 4th. ST. PG&E CITY S . FIFTH ST. CH THIRD ST. S T. C T. ER HALL ER TE R WEST MAYE S ST. AT W L CA RVIN WY. P OR B IRCH WAY PL . E AST MAYES ST. S OUTH ST. S . EIGHT ST. CE DAR ST. SE CO ND FIRST PL. A RCHE R PL. S . SE VE NTH ST. WEST B ROA DWA Y ST. E AST B ROA DWA Y ST. P EDRICK RD. DE O DORA ST. S OUTH S OUTH JACKS ON PL. HAL L P ARK DR. ST. ST. MSC EL WA S HINGTON WEST WA LNUT ST. E AS T WA LNUT ST. M S . ADAMS S OUTH JE FFE RSO N DR S. 8 th. ST. . S. E AST CHESTNUT ST. COL LIER DR. HALL WES T CHE STNUT ST. S. MEMORIAL RR Single Family ST. UP PARK DR. WEST CHERRY ST. A RNOLD FIRST COL LIER Residential CT. S OUTH DIXON MAY FAIR Rehabilitation $15,000 (2010) Heritage Commons SILVEYVILLE V ICTO RIA DR. 60 Units Low V ICTO RIA CT. CEMETARY Income/Senior DIXON HIGH Pond C Drainage COUNTRY FAIRE DR. SCHOOL DR. $343,000 (2010) Basin CLE O RCHA RD C IR TIP TO N CT. DR. LE $580,000 (2008) S TR EET G IO N E A V E NU WINDMIL L FA IR VETERAN'S A CK LE CA N Y CT. PARK P EDRICK RD. DUN SOM ET F OL AB LE CT. AL V AL LE Y GL EN DRIVE LE Y ON B AKE R A LLEY B AKE R A LLEY B AK ER NO RT VA A LLEY HWY. 113 LL CH EY AR GL DRIVE B ELLO D RIV L EN LLO E IE AL LE Y BE LE I E LL DRAINAGE R E C T. LE O A L A RL DRI VE . Y CT RC G RIFFITH DR. G RIFFITH VE CT. RIO -DIX ON RD. E CH POND C IV EN CI LL M DR LD E BE DRIVE DO WNS C T. E LL LE VE TO S M IT C AG RE O HE RE Y VE CT H CT. . LL E DRIVE G RIFFITH DR. P ARKWAY B OULE VARD