Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2023-2024
Principal Payment 09/2023 105,000$ Bond Service Funds Available 59,314$ Interest Payment 09/2023 104,400 Proposed Special Tax Levy 521,961 Interest Payment 03/2024 102,300 Allowance for Delinquencies (15,659) Principal Payment 09/2024 110,000
Interest Payment 09/2024 102,300
Administration Costs 41,616
Total Costs 565,616$ Available Funds 565,616$
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 – Detached - 2,550 or Greater 2,553.00$ 305.00$ 2,858.00$ 2 – Detached - 2,350 to <2,550 2,499.00 305.00 2,804.00 3 – Detached - 2,150 to <2,350 2,407.00 305.00 2,712.00 4 – Detached - 1,950 to <2,150 2,374.00 305.00 2,679.00 5 – Detached - 1,750 to <1,950 2,316.00 305.00 2,621.00 6 – Detached - Less than 1,750 2,260.00 305.00 2,565.00 7 – Attached - 1,750 or Greater 2,083.00 305.00 2,388.00 8 – Attached - 1,600 to <1,750 2,032.00 305.00 2,337.00 9 – Attached - 1,450 to <1,600 1,968.00 305.00 2,273.00 10 – Attached - Less than 1,450 1,854.00 305.00 2,159.00 11- Non-Residential Property 55,260.00 7,790.00 63,050.00 Total Proposed Levy 521,961$ 73,505$ 595,466$
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 – Detached - 2,550 or Greater -$ 2,858.00$ -$ 2,858.00$ 0% 2 – Detached - 2,350 to <2,550 75,708 2,804.00 75,708 2,804.00 0% 3 – Detached - 2,150 to <2,350 59,664 2,712.00 59,664 2,712.00 0% 4 – Detached - 1,950 to <2,150 128,592 2,679.00 128,592 2,679.00 0% 5 – Detached - 1,750 to <1,950 34,073 2,621.00 34,073 2,621.00 0% 6 – Detached - Less than 1,750 - 2,565.00 - 2,565.00 0% 7 – Attached - 1,750 or Greater - 2,388.00 - 2,388.00 0% 8 – Attached - 1,600 to <1,750 116,850 2,337.00 116,850 2,337.00 0% 9 – Attached - 1,450 to <1,600 113,650 2,273.00 113,650 2,273.00 0% 10 – Attached - Less than 1,450 66,929 2,159.00 66,929 2,159.00 0% 11- Non-Residential Property - 63,050.00 - 63,050.00 0% 595,466$ 595,466
FY 2022 - 2023 FY 2023 - 2024 Percent Rate
Change
Exhibit "A"
City of Fontana
Community Facilities District No. 87
El Paseo
Exhibit A
Fontana City Council
July 25, 2023
- Document
- Exhibit A
- Meeting
- July 25, 2023
- Body
- Fontana City Council
- Original file
- 9 KB
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