Appraisal Report for ALP 46.27 acres Retro. Value 10/10/02

SALES TAX RECEIPTS
Sales tax receipts by the City of Durango show an increase in each year
from 1980 through 1985 followed by a decline between 1985 and 1986 and a
further decline between 1986 and 1987. The growth pattern resumed in 1988.
This pattern is depicted in the following graph.
City of Durango
Sale Tax Receipts
$12,000,000
$10,000,000
$8,000,000
$6,000,000 - --- - -
$4,000,000 - - - - -
$2,000,000 -
$0
CO CO O N V CO CO O
CO CO CD 01 C3)
O CA CD CS)CD CD CD O
The effect of these economic trends on real estate is indicated by the trend
in residential building permits shown on the graph on the following page.
Total Residential Building Permits
Durango and La Plata County
500
400
300
200 _ - -
100
0r - - r - - - - II • Mill ■ . . ■ 11
O N V CO CO O N V SCO CO O
00 CO CO CO CO O O CA CA O O
CT CA CA O CA Cr) O C3) Cr) O
•Durango 0 La Rata
38