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The following chart shows the schedule of payments to the town in FY17 - FY39 if the
<br /> Certificate of Occupancy for the first independent unit is issued in FY20. The first two
<br /> highlighted columns show the PILOT on a per-unit basis if Brookhaven were to maintain the
<br /> status quo (no expansion), and after the adjustments described above. The second two
<br /> highlighted columns show, on a per-unit basis, the affordable housing mitigation payments, and
<br /> the combined amount of the PILOT + affordable housing mitigation payments if the expansion is
<br /> approved.
<br /> Adjusted
<br /> PILOT
<br /> Payment
<br /> (2.5%
<br /> annual
<br /> increase;
<br /> 13.6%
<br /> increase Annual
<br /> allocated Payment: Adjusted
<br /> 7%in Yr. 3 Affordable Adjusted PILOT+
<br /> and 6.6%in Housing PILOT+ Affordable
<br /> Yr. 14;3% Adjusted Mitigation Affordable Housing
<br /> PILOT PILOT PILOT Affordable Payment Housing Payment$
<br /> Est Status Quo PILOT increase $per unit- Housing $per Payment for per unit-
<br /> Est Project Fiscal (3%annual Status Quo begins in with Mitigation unit-with 351 Units with
<br /> Year Year increase) $per unit Yr.18) expansion Payment expansion (F+H) expansion
<br /> UNITS 309 351
<br /> FY 17 497,279 497,279
<br /> FY 18 512,197 509,711
<br /> FY 19 527,563 522,454
<br /> YR 1 FY 20 543,390 1,759 573,001 1,632 111,922 319 684,923 1,951
<br /> YR 2 FY 21 559,692 1,811 587,326 1,673 115,280 328 702,606 2,002
<br /> YR 3 FY 22 576,483 1,866 602,009 1,715 118,738 338 720,748 2,053
<br /> YR 4 FY 23 593,777 1,922 617,060 1,758 122,300 348 739,360 2,106
<br /> YR 5 FY 24 611,590 1,979 632,486 1,802 125,969 359 758,455 2,161
<br /> YR 6 FY 25 629,938 2,039 648,298 1,847 129,749 370 778,047 2,217
<br /> YR 7 FY 26 648,836 2,100 664,506 1,893 133,641 381 798,147 2,274
<br /> YR 8 FY 27 668,301 2,163 681,118 1,941 137,650 392 818,768 2,333
<br /> YR 9 FY 28 688,350 2,228 698,146 1,989 141,780 404 839,926 2,393
<br /> 3
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