FISCAL IMPACT STATEMENT FOR PROPOSED BOND FINANCING

 

Date:  August 12, 2008

 

To the Board of Supervisors of Albemarle County, Virginia

 

Applicant:         Martha Jefferson Hospital and MJH Foundation

Facility:             A replacement acute care hospital facility in Albemarle County

 

1.      Maximum amount of financing sought.

$195,000,000

2.      Estimated taxable value of the facility's real property to be constructed in the locality.

N/A

3.      Estimated real property tax per year using present tax rates.

N/A

4.      Estimated personal property tax per year using present tax rates.

N/A

5.      Estimated merchants' capital tax per year using present tax rates.

N/A

6.      (a)  Estimated dollar value per year of goods that will be purchased from Virginia companies within the locality.

$3,185,586

      (b)  Estimated dollar value per year of goods that will be purchased from non-Virginia companies within the locality.

$32,374,104

      (c)  Estimated dollar value per year of services that will be purchased from Virginia companies within the locality.

$19,197,639

      (d)  Estimated dollar value per year of services that will be purchased from non-Virginia companies within the locality.

$46,501,572

7.      Estimated number of regular employees on year round basis.

1,288

8.      Average annual salary per employee.

$60,128

 

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