Fontana City Council
July 25, 2023

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2023-2024
Principal Payment 09/2023 125,000$ Bond Service Funds Available 176,316$ Interest Payment 09/2023 40,500 Proposed Special Tax Levy 237,311 Interest Payment 03/2024 38,000 Allowance for Delinquencies (7,119) Principal Payment 09/2024 130,000
Interest Payment 09/2024 38,000
Administration Costs 35,007
Total Costs 406,507$ Available Funds 406,507$
Schedule 2
Proposed Special Tax Rates for Fiscal Year 2023-2024
(Special Tax A and Special Tax B)
Total Special
Residential Lot Size Special Tax A Special Tax B Tax Rate 1- Greater than 3,700 sq ft 1,892.46$ 607.00$ 2,499.46$ 2- 34,50 to 3,699 sq ft 1,670.01 607.00 2,277.01
3- 3,200 to 3,449 sq ft 1,553.27 607.00 2,160.27
4- Less than 3,200 sq ft 1,386.59 607.00 1,993.59
Total Proposed Levy 237,311$ 86,801$ 324,112$
Schedule 3
Comparison of Special Tax Levy and Rates for 2022-2023 and 2023-2024 (Special Tax A and Special Tax B)
Tax Classification
(Land Use) Special Tax Rate Special Tax Rate
1- Greater than 3,700 sq ft 109,976$ 2,499.46$ 109,976$ 2,499.46$ 0% 2- 34,50 to 3,699 sq ft 86,526 2,277.01 86,526 2,277.01 0% 3- 3,200 to 3,449 sq ft 77,770 2,160.27 77,770 2,160.27 0% 4- Less than 3,200 sq ft 49,840 1,993.59 49,840 1,993.59 0% 324,112$ 324,112$
Exhibit "A"
City of Fontana
Community Facilities District No. 37
Montelago
Assessed
Percent Rate
Change
FY 2022 - 2023 FY 2023 - 2024