Manteca’s general fund will come out “ahead” by at least $81,000 a year if a 177-home development abutting Del Webb along Airport Way is built.

That’s based on a  financial analysis of the project that’s before the Manteca Planning Commission when they meet tonight at 6 p.m. at the Civic Center, 1001 West Center St.

The analysis looked at the project’s  property and related taxes as well as sales taxes that future residents would pay plus their share of the cost of municipal services they will need such as police, fire and general government.

The analysis is based on an 80-20 property tax split agreement negotiated with San Joaquín County in 2018.

The county would retain 80 percent of property taxes taxes and the city 20 percent.

If the city is able to negotiate a 60-40 split, the net to the city’s general fund would increase $160,400.

Either reach way, the analysis concludes the project will pay its way as well as benefit the rest of the city to a degree.

Dubbed Kiper Homes at Indelicato, the tract home development involves 40 acres that are now planted in almonds and row crops to be annexed to the city.

The project includes 81 lots that are 50 by 100 feet and 92 lots that are 60 by 100 feet.

There will be two access points to Airport Way north of Daisywood.

The neighborhood will include just over three acres for a neighborhood park that will be expanded when land to the north is annexed and developed into housing as well.

There are several streets in the neighborhood that will be stubbed  to the north to connect with future development.

The tract home development could add 538 residents to Manteca based on current housing yields.

The homes could also add 109 students to Manteca Unified.

There is no neighborhood school in the area.

But unlike several recent developments that have been approved without sidewalks that cover nearby gaps critical for accessing community amenities, future residents will have a safe route to access other parts of Manteca including East Union High if they are walking or bicycling.

That’s because there is already sidewalk along Airport Way on the eastern side of Del Webb.

The sidewalk also ties into a bike path that runs along the southern border of Del Webb to connect with Union Road where there are sidewalks now all the way to the Atherton Drive.

To contact Dennis Wyatt, email dwyatt@mantecabulletin.com