Fontana City Council
July 25, 2023

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2023-2024
Principal Payment 09/2023 130,000$ Bond Service Funds Available 230,512$ Interest Payment 09/2023 127,700 Proposed Special Tax Levy 468,045 Interest Payment 03/2024 125,100 Allowance for Delinquencies (14,041) Principal Payment 09/2024 135,000
Interest Payment 09/2024 125,100
Administration Costs 41,616
Total Costs 684,516$ Available Funds 684,516$
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 – 3,000 or Greater 2,894.00$ 635.00$ 3,529.00$
2 – 2,800 to less than 3,000 2,814.00 635.00 3,449.00
3 – 2,600 to less than 2,800 2,755.00 635.00 3,390.00
4 – 2,400 to less than 2,600 2,657.00 635.00 3,292.00
5 – 2,200 to less than 2,400 2,562.00 635.00 3,197.00
6 – 2,000 to less than 2,200 2,419.00 635.00 3,054.00
7 – Less than 2,000 2,368.00 635.00 3,003.00
8 – Non-Residential Property 26,060.00 6,140.00 32,200.00 Total Proposed Levy 468,045$ 113,665$ 581,710$
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 – 3,000 or Greater -$ 3,529.00$ -$ 3,529.00$ 0%
2 – 2,800 to less than 3,000 117,266 3,449.00 117,266 3,449.00 0% 3 – 2,600 to less than 2,800 111,870 3,390.00 111,870 3,390.00 0% 4 – 2,400 to less than 2,600 82,300 3,292.00 82,300 3,292.00 0% 5 – 2,200 to less than 2,400 102,304 3,197.00 102,304 3,197.00 0% 6 – 2,000 to less than 2,200 167,970 3,054.00 167,970 3,054.00 0% 7 – Less than 2,000 - 3,003.00 - 3,003.00 0%
8 – Non-Residential Property - 32,200.00 - 32,200.00 0% 581,710$ 581,710$
FY 2022 - 2023 FY 2023 - 2024 Percent Rate
Change
Exhibit "A"
City of Fontana
Community Facilities District No. 88
Sierra Crest II