HomeMy Public PortalAbout01 - PWMD Report PresentationPueblo West Metropolitan District Comprehensive
Fiscal and Sustainability Analysis
November 12, 2019
Background
11/13/2019Pueblo West Metropolitan District Comprehensive Fiscal and Sustainability Analysis 2
Formed as a
Metropolitan
District in 1969
McCulloch
Properties Inc.
25,990 Acres to
build a planned
community in
phases
Revised the
Service Plan in
1972
Added 4,000
acres. Platted the
entire area and
removed phasing
Mentioned water
as problematic for
the first time
" I n 1 9 7 2 , t h e d e v e l o p e r p r o j e c t e d a p o p u l a t i o n o f
3 9 , 0 0 0 i n 2 0 2 0
��T o d a y t h e p o p u l a t i o n i s 3 0 , 7 0 0
��8 1 % o f T a r g e t
" I n 1 9 7 2 , t h e d e v e l o p e r p r o j e c t e d a t o t a l a s s e s s e d
v a l u e f o r t h e d i s t r i c t o f $ 4 2 8 , 9 0 0 , 0 0 0
��T o d a y t h e t o t a l a s s e s s e d v a l u a t i o n i s a r o u n d
$ 2 7 0 , 0 0 0 , 0 0 0
��6 0 % o f T a r g e t
1 1 / 1 3 / 2 0 1 9 P u e b l o W e s t M e t r o p o l i t a n D i s t r i c t C o m p r e h e n s i v e F i s c a l a n d S u s t a i n a b i l i t y A n a l y s i s 3
1 9 7 2 P r o j e c t i o n s
Another
McCulloch
Development
Formed as
District in
1963
Incorporated
as a City in
1978
Lake Havasu City, Arizona
11/13/2019Pueblo West Metropolitan District Comprehensive Fiscal and Sustainability Analysis 4
In 1964, the 16,530 acres had one
paved road.
Today is home to over 53,000 people
and has 775,000 visitors annually
��T o c o m p l e t e t h e s t u d y , E h l e r s e n g a g e d A n d e r s o n A n a l y t i c s w h o a m a s s e d
d a t a n e c e s s a r y t o p r e d i c t t h e f u t u r e p o p u l a t i o n o f t h e D i s t r i c t o v e r t h e n e x t
t e n y e a r s .
��A n d e r s o n w a s a l s o i n s t r u m e n t a l i n e x p l a i n i n g h o w t h e i s s u e o f s u f f i c i e n t
p o t a b l e w a t e r m i g h t t h w a r t d e v e l o p m e n t .
��T h e y p r o v i d e d d a t a r e g a r d i n g p o s s i b l e c o m p a r a b l e c i t i e s t h a t e n a b l e d
P W M D t o s e l e c t 6 c o m p a r a b l e c i t i e s .
��A n d t h e y u s e d d a t a f r o m t h e s e c i t i e s t o o u t l i n e t h e c o s t s t h a t w o u l d b e
i n v o l v e d t o m o v e f r o m a D i s t r i c t t o a n i n c o r p o r a t e d C i t y .
��T h e i r d a t a i s s c a t t e r e d t h r o u g h o u t t h e r e p o r t , a n d t h e i r c o m p l e t e r e p o r t s o n
p o p u l a t i o n a n d c o m p a r a b l e c i t y r a w d a t a a r e a p p e n d e d t o t h e r e p o r t .
A n d e r s o n A n a l y t i c s
1 1 / 1 3 / 2 0 1 9 P u e b l o W e s t M e t r o p o l i t a n D i s t r i c t C o m p r e h e n s i v e F i s c a l a n d S u s t a i n a b i l i t y A n a l y s i s 5
��P a u l W i s o r o f G a r f i e l d &