North Huntingdon Commissioners got a peek at the direction the township and Norwin School District's fiscal bottom line is headed: Up.
Using the sprawling built-out Knights Landing as a barometer, Planning Director Allen Cohen offered the commissioners an unanticipated analysis of the revenue impact the plan of 132 upscale single-family homes will have on the township and school district.
Cohen projects Knights Landing -- located in the 4th Ward on what mostly was rural land between Mickanin and Robbins Station roads -- will generate $700,000 in tax revenue for the township and school district.
"Total township property taxes for the development are $86,856, which equals $658 for each of the 132 households, while earned income taxes are $72, 600," he said. "Total tax revenues to the township this year will be $159,456."
Meanwhile, total school property taxes for Knights Landing are $432,828 while earned income taxes of $72, 600 will generate tax revenues of $505,428 this year, Cohen said.
Owners in the plan will pay average total property taxes of $3,179 per home. "Those new homes are paying as much in taxes for a year as five older homes," said Commissioner Thomas Kerber, board president.
Kerber noted that while the township incurs certain expenses associated with Knights Landing, such as road maintenance, snow removal and police protection, the report shows the impact such a development can have.
"The analysis shows a positive impact because of the value of the homes," Cohen said.
Average income per household in the plan is $110,000 to $115,000 annually, Cohen estimated.
The Norwin school board last week adopted a $43,847,000 tentative operating budget for the 2005-2006 school year, requiring a 2.75-mill property tax increase.
One mill of school district property taxes generates $338,000 in revenue, business manager John Wilson said.
According to Wilson, school district real estate tax revenue increased by about $1.5 million (7.8 percent) over last year.
Approximately $900,000 (4.6 percent) was realized from the millage increase while $600,000 (3.2 percent) is generated by increased assessments. Earned income tax revenue increased by $120,000.
The average tax levy for a Norwin School District residential taxpayer would be $1,259, an increase of $55 annually. Wilson said.
Cohen anticipates 150 to 160 new homes a year over the next three to five years. So far this year, 38 new home building permits have been issued.
Five permits were issued for homes not in a plan.
Five major housing plans still are being developed in the township in addition to Franklin Farms, Phase 3. They are Dartmoor Estates, Phase 1; Willow Glenn, Phase 3; Kerber Farms, Phase 1 and 2; and Oakton Manor, Phase 2.
Commissioners last week approved developer Bob Shuster's plan for the first 40 lots of Phase 1 of the planned 299-home site of the former Lincoln Hills Country Club.
Construction of upscale single-family homes in the $300,000 and higher range will begin this summer, Shuster said.
The board also approved Plan 1 of the O'Brien Subdivision that is scheduled to go on 42 acres near the intersection of Barnes Lake and Ipnar roads.
Commissioners are reviewing plans for a 151-home Valley View Farms residential development on 100 acres in the northern part of the township near the Penn Township boundary.
