Fontana City Council
July 25, 2023

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2023-2024
Principal Payment 09/2023 160,000$ Bond Service Funds Available 222,295 $ Interest Payment 09/2023 75,284 Proposed Special Tax Levy 360,463 Interest Payment 03/2024 73,684 Allowance for Delinquencies (10,814) Principal Payment 09/2024 160,000
Interest Payment 09/2024 73,684
Administration Costs 29,291
Total Costs 571,944$ Available Funds 571,944$
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- >3,450 sq ft 2,240.14$ 626.00 $ 2,866.14$ 2- 3,250 to 3,450 sq ft 2,153.35 626.00 2,779.35
3- 3,050 to 3,250 sq ft 2,021.36 626.00 2,647.36
4- 2,850 to 3,050 sq ft 1,980.38 626.00 2,606.38
5- 2,650 to 2,850 sq ft 1,900.22 626.00 2,526.22
6- 2,450 to 2,650 sq ft 1,859.76 626.00 2,485.76
7- 2,250 to 2,450 sq ft 1,782.70 626.00 2,408.70
8- 2,050 to 2,250 sq ft 1,737.49 626.00 2,363.49
9- 1,850 to 2,050 sq ft 1,655.53 626.00 2,281.53
10- <1,850 sq ft 1,627.21 626.00 2,253.21
Total Proposed Levy 360,463$ 117,062$ 477,525$ Schedule 3
Comparison of Special Tax Levy and Rates by Fiscal Years Tax Classification
(Land Use) Special Tax Rate Special Tax Rate
1- >3,450 sq ft 54,457 $ 2,866.14$ 54,457 $ 2,866.14$ 0% 2- 3,250 to 3,450 sq ft 61,146 2,779.36 61,146 2,779.35 0% 3- 3,050 to 3,250 sq ft 63,537 2,647.36 63,537 2,647.36 0% 4- 2,850 to 3,050 sq ft 46,915 2,606.38 46,915 2,606.38 0% 5- 2,650 to 2,850 sq ft 90,944 2,526.22 90,944 2,526.22 0% 6- 2,450 to 2,650 sq ft - 2,485.52 - 2,485.76 0% 7- 2,250 to 2,450 sq ft 55,400 2,408.70 55,400 2,408.70 0% 8- 2,050 to 2,250 sq ft 70,904 2,363.48 70,904 2,363.49 0% 9- 1,850 to 2,050 sq ft 34,223 2,281.52 34,223 2,281.53 0% 10- <1,850 sq ft - 2,253.20 - 2,253.21 0% 477,525$ 477,525$
Exhibit "A"
City of Fontana
Community Facilities District No. 71
Sierra Crest
FY 2022 - 2023 FY 2023 - 2024 Percent Rate
Change