Fontana City Council
July 25, 2023

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2023-2024
Principal Payment 09/2023 85,000$ Bond Service Funds Available 96,972$ Interest Payment 09/2023 79,163 Proposed Special Tax Levy 367,297 Interest Payment 03/2024 77,463 Allowance for Delinquencies (11,019) Principal Payment 09/2024 90,000
Interest Payment 09/2024 77,463
Administration Costs 44,163
Total Costs 453,250$ Available Funds 453,250$
Schedule 2
Proposed Special Tax Rates for Fiscal Year 2023-2024
(Special Tax 74B and Special Tax 74M)
Residential Lot Size
(Square Feet)
Special Tax
74B
Special Tax
74M
Total Combined
Tax Rate
1- 2,700 or Greater 2,419.00$ 495.00$ 2,914.00$
2- 2,450 to less than 2,700 2,263.00 495.00 2,758.00
3- 2,200 to less than 2,450 2,160.00 495.00 2,655.00
4- 1,950 to less than 2,200 1,983.00 495.00 2,478.00
5- 1,700 to less than 1,950 1,811.00 495.00 2,306.00
6- Less than 1,700 1,726.00 495.00 2,221.00
7- Non-Residential 21,775.00 - 21,775.00
Undeveloped Mapped - - 0.00
Total Proposed Levy 367,297$ 84,645$ 451,942$
Schedule 3
Comparison of Special Tax Levy and Rates by Fiscal Years (Special Tax 74B and Special Tax 74M)
Tax Classification
(Land Use) Special Tax Combined Rate Special Tax Combined Rate 1- 2,700 or Greater 78,678$ 2,914.00$ 81,592$ 2,914.00$ 0% 2- 2,450 to less than 2,700 140,658 2,758.00 143,416 2,758.00 0% 3- 2,200 to less than 2,450 114,165 2,655.00 116,820 2,655.00 0% 4- 1,950 to less than 2,200 39,648 2,478.00 39,648 2,478.00 0% 5- 1,700 to less than 1,950 43,814 2,306.00 43,814 2,306.00 0% 6- Less than 1,700 26,652 2,221.00 26,652 2,221.00 0%
7- Non-Residential - 21,775.00 - 21,775.00 0%
Undeveloped Mapped 1,485 495.00 - - -100%
445,100$ 451,942$
Exhibit "A"
City of Fontana
Community Facilities District No. 74B and 74M
Citrus/Summit
FY 2022 - 2023 FY 2023 - 2024 Percent Rate
Change