Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2023-2024
Principal Payment 09/2023 1,490,000$ Bond Service Funds Available 2,089,274$ Interest Payment 09/2023 545,375 Proposed Special Tax Levy 2,695,627 Interest Payment 03/2024 508,125 Allowance for Delinquencies (80,869) Principal Payment 09/2024 1,565,000
Interest Payment 09/2024 508,125
Administration Costs 87,407
Total Costs 4,704,032$ Available Funds 4,704,032$
Schedule 2
Comparison of Special Tax Levy and Rates by Fiscal Years Tax Classification
(Land Use) Special Tax Rate Special Tax Rate
1 - Non-residential 645,964$ 10,402.00$ 645,964$ 10,402.00$ 0% 2 - Non-residential 967,617 4,623.11 967,617 4,623.11 0% 2 - Hotel Property 4,161 4,623.11 4,161 4,623.11 0%
3 - Residential 440,450 1,150.00 440,450 1,150.00 0%
4 - Residential 455,400 1,150.00 455,400 1,150.00 0%
5 - Non-residential 182,035 10,402.00 182,035 10,402.00 0% 2,695,627$ 2,695,627$
Exhibit A
City of Fontana
Community Facilities District No. 22
Sierra Hills South
FY 2022 - 2023 FY 2023 - 2024 Percent Rate
Change
Exhibit A
Fontana City Council
July 25, 2023
- Document
- Exhibit A
- Meeting
- July 25, 2023
- Body
- Fontana City Council
- Original file
- 10 KB
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