HomeMy WebLinkAboutApplication Files_82693_pg0094 Points To Support the Application
Estimated Fiscal Facts*
wa acL
• The Connecticut Studios sound
stage complex will add
approximately $107 million to
the grand list
• CT Studios has requested a tax -
incentive with an estimated
value of 12 million over a 14
year period w °
• The project will generate $660 III
thousand in revenue through _.
the building permit fee
• During the first 14 years
increased annual revenue can
be estimated at $1.25 million
• Once the incentive period is
over revenue will rise to
approximately $2.4 per year
*Facts represent the economic developer's best estimate and have not been approved by the Town Council