Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2023-2024
Principal Payment 09/2023 455,000$ Bond Service Funds Available 796,631$ Interest Payment 09/2023 428,400 Proposed Special Tax Levy 1,492,762 Interest Payment 03/2024 421,575 Allowance for Delinquencies (44,783) Principal Payment 09/2024 465,000
Interest Payment 09/2024 421,575
Administration Costs 53,060
Total Costs 2,244,610$ Available Funds 2,244,610$
Schedule 2
Proposed Special Tax Rates for Fiscal Year 2023-2024
(Special Tax A and Special Tax B)
Total Special
Residential Lot Size (sq ft) Special Tax A Special Tax B Tax Rate 1- 3,651 or Greater 3,055.00$ 715.00$ 3,770.00$
2- 3,451 to less than 3,651 3,005.00 715.00 3,720.00
3- 3,251 to less than 3,451 2,954.00 715.00 3,669.00
4- 3,051 to less than 3,251 2,903.00 715.00 3,618.00
5- 2,851 to less than 3,251 2,784.00 715.00 3,499.00
6- 2,651 to less than 2,851 2,700.00 715.00 3,415.00
7- 2,451 to less than 2,651 2,632.00 715.00 3,347.00
8- 2,251 to less than 2,451 2,531.00 715.00 3,246.00
9- 2,051 to less than 2,251 2,450.00 715.00 3,165.00
10- 1,851 to less than 2,051 2,314.00 715.00 3,029.00
11- 1,651 to less than 1,851 2,192.00 715.00 2,907.00
12- 1,451 to less than 1,651 2,087.00 715.00 2,802.00
13- Less than 1,451 2,036.00 715.00 2,751.00
14- Non-Residential Property 21,320.00 5,940.00 27,260.00 Total Proposed Levy 1,492,762$ 418,275$ 1,911,037$
Schedule 3
Comparison of Special Tax Levy and Rates for Fiscal Years 2022-2023 and 2023-2024 (Special Tax A and Special Tax B)
Tax Classification
(Land Use) Special Tax Rate Special Tax Rate
1- 3,651 or Greater 222,430 3,770.00$ 222,430 3,770.00$ 0% 2- 3,451 to less than 3,651 - 3,720.00 - 3,720.00 0%
3- 3,251 to less than 3,451 - 3,669.00 - 3,669.00 0%
4- 3,051 to less than 3,251 123,012 3,618.00 123,012 3,618.00 0% 5- 2,851 to less than 3,251 174,950 3,499.00 174,950 3,499.00 0% 6- 2,651 to less than 2,851 174,165 3,415.00 174,165 3,415.00 0% 7- 2,451 to less than 2,651 184,085 3,347.00 184,085 3,347.00 0% 8- 2,251 to less than 2,451 314,862 3,246.00 314,862 3,246.00 0% 9- 2,051 to less than 2,251 98,115 3,165.00 98,115 3,165.00 0% 10- 1,851 to less than 2,051 366,509 3,029.00 366,509 3,029.00 0% 11- 1,651 to less than 1,851 252,909 2,907.00 252,909 2,907.00 0% 12- 1,451 to less than 1,651 - 2,802.00 - 2,802.00 0%
13- Less than 1,451 - 2,751.00 - 2,751.00 0%
14- Non-Residential Property - 27,260.00 - 27,260.00 0% 1,911,037$ 1,911,037$
Exhibit "A"
City of Fontana
Community Facilities District No. 85
The Meadows
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
- 12 KB
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