For Non-Profits

If an extension of the Transportation Development District (TDD) passes, even non-profits will pay the price.

  • A real estate assessment of 40¢ per $100 of assessed value for non-profit property within 1/3 mile of the streetcar for 25 years
Fair Market Value of Property Annual Assessment 25-year Obligation
$500,000 $256.00 $6,400.00
$1,000,000 $896.00 $22,400.00
$3,000,000 $3,456.00 $86,400.00
$5,000,000 $6,016.00 $150,400.00
$10,000,000 $12,416.00 $310,400.00
$25,000,000 $31,616.00 $790,400.00
$50,000,000 $63,744.00 $1,593,600.00

 

 

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