| Oxford Economic Development Scorecard |
| Summary of New Industrial & Commercial Floorspace January 2004 - July 31,2007 |
| New Industrial Buildings |
#Lots |
FT2 Built |
FT2 Approved |
FT2 Planned |
Total FT2 |
Accessed Value |
Revenue@ .0937 |
| Industrial Buildings Built by Owners |
|
98,205 |
|
98,000 |
196,205 |
8,297,213 |
160,717 |
| Industrial Flex Space Buildings (Spec) |
|
106,400 |
81,100 |
24,000 |
211,500 |
9,849,498 |
190,785 |
| Commercial Buildings |
|
9,200 |
15,000 |
|
24,200 |
1,644,860 |
31,861 |
| Total Industrial Development |
27 |
213,805 |
96,100 |
122,000 |
431,905 |
19,791,572 |
383,363 |
| Fox Hollow Industrial Park* |
9 |
|
210,000 |
|
210,000 |
9,694,942 |
187.791 |
| Woodruff Hill Industrial Park |
17 |
|
500,000 |
|
500,000 |
23,083,194 |
447,121 |
| Technology Park |
10 |
|
720,000 |
|
720,000 |
58,610,351 |
1,135,283 |
| Total Industrial Park Potential |
36 |
|
1,430,000 |
|
1,430,000 |
91,388,487 |
1,770,195 |
| Total New Floorspace/Revenue |
213,805 |
1,525,100 |
122,000 |
1,861,905 |
111,180,059 |
2,153,558 |
| Tax Revenue Forecasts - High Value Projects |
2007-2008 |
2008-2009 |
2009-2010 |
Annual |
| Spectra Energy - Oxford Compressor Station |
|
500,000 |
500,000 |
500,000 |
| CL&P Distribution Substation |
|
284,000 |
284,000 |
284,000 |
| Towantic Energy Tax Revenue |
800,000 |
1,175,000 |
4,350,000 |
2,350,000 |
| Towantic Water Lift Station |
400,000 |
|
|
|
| Towantic Community Development - Ladder Truck |
900,000 |
|
|
|
| Towantic Energy - Build Wycoff Drive |
4,500,000 |
|
|
|
| Total Tax Reveues by Fiscal Year - High Value Projects |
6,600,000 |
1,959,000 |
5,134,000 |
3,134,000 |
| Total New Tax Reveues Generated by Oxford Economic Development - 2009-2010 Ongoing |
======== 5,287,558 ======== |
| * Total potential sf reduced by planned buildings on lots 2 & 7 |
| Historical Comparison |
| Installed Floorspace as of January, 2004 |
1,261,770 |
| Potential Floorspace - July 31, 2007 |
Percentage Increase over 2004 |
248% |
3,123,675 |
| Building Floorspace - July 31, 2007 |
Percentage Increase over 2004 |
34% |
431,905 |
|