Fontana City Council
July 25, 2023

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2023-2024
Principal Payment 09/2023 110,000$ Bond Service Funds Available 192,271$ Interest Payment 09/2023 86,647 Proposed Special Tax Levy 342,955 Interest Payment 03/2024 84,997 Allowance for Delinquencies (10,289) Principal Payment 09/2024 115,000
Interest Payment 09/2024 84,997
Administration Costs 43,297
Total Costs 524,938$ Available Funds 524,938$
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- 2,900 or Greater 3,706.56$ 625.00$ 4,331.56$
2- 2,700 to less than 2,900 3,582.72 625.00 4,207.72
3- 2,500 to less than 2,700 3,527.04 625.00 4,152.04
4- 2,300 to less than 2,500 3,382.08 625.00 4,007.08
5- 2,100 to less than 2,300 3,287.04 625.00 3,912.04
6- 1,900 to less than 2,100 3,159.36 625.00 3,784.36
7- 1,700 to less than 1,900 2,961.60 625.00 3,586.60
8- Less than 1,700 2,899.20 625.00 3,524.20
9- Non-Residential Property 26,572.80 - 26,572.80
Total Proposed Levy 342,955$ 63,750$ 406,705$
Schedule 3
Comparison of Special Tax Levy and Rates by Fiscal Years (Special Tax A and Special Tax B)
Tax Classification
(Land Use) Special Tax Rate Special Tax Rate
1- 2,900 or Greater -$ 4,331.56$ -$ 4,331.56$ 0%
2- 2,700 to less than 2,900 - 4,207.72 - 4,207.72 0%
3- 2,500 to less than 2,700 137,017 4,152.04 137,017 4,152.04 0% 4- 2,300 to less than 2,500 108,191 4,007.08 108,191 4,007.08 0% 5- 2,100 to less than 2,300 78,241 3,912.04 78,241 3,912.04 0% 6- 1,900 to less than 2,100 83,256 3,784.36 83,256 3,784.36 0% 7- 1,700 to less than 1,900 - 3,586.60 - 3,586.60 0%
8- Less than 1,700 - 3,524.20 - 3,524.20 0%
9- Non-Residential Property - 27,678.00 - 26,572.80 -4% 406,705$ 406,705$
Exhibit "A"
City of Fontana
Community Facilities District No. 86
Etiwanda Ridge
FY 2022 - 2023 FY 2023 - 2024 Percent Rate
Change