Fontana City Council
July 23, 2024

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2024-2025
Principal Payment 09/2024 130,000$ Bond Service Funds Available 179,316$ Interest Payment 09/2024 38,000 Proposed Special Tax Levy 237,311 Interest Payment 03/2025 35,400 Allowance for Delinquencies (7,119) Principal Payment 09/2025 135,000
Interest Payment 09/2025 35,400
Administration Costs 35,708
Total Costs 409,508$ Available Funds 409,508$
Schedule 2
Proposed Special Tax Rates for Fiscal Year 2024-2025
(Special Tax A and Special Tax B)
Total Special
Residential Lot Size Special Tax A Special Tax B Tax Rate 1- Greater than 3,700 sq ft 1,892.46$ 625.21$ 2,517.67$ 2- 34,50 to 3,699 sq ft 1,670.01 625.21 2,295.22
3- 3,200 to 3,449 sq ft 1,553.27 625.21 2,178.48
4- Less than 3,200 sq ft 1,386.59 625.21 2,011.80
Total Proposed Levy 237,311$ 89,405$ 326,716$
Schedule 3
Comparison of Special Tax Levy and Rates for 2023-2024 and 2024-2025 (Special Tax A and Special Tax B)
Tax Classification
(Land Use) Special Tax Rate Special Tax Rate
1- Greater than 3,700 sq ft 109,976$ 2,499.46$ 110,777$ 2,517.67$ 1% 2- 34,50 to 3,699 sq ft 86,526 2,277.01 87,218 2,295.22 1% 3- 3,200 to 3,449 sq ft 77,770 2,160.27 78,425 2,178.48 1% 4- Less than 3,200 sq ft 49,840 1,993.59 50,295 2,011.80 1% 324,112$ 326,716$
Exhibit "A"
City of Fontana
Community Facilities District No. 37
Montelago
Assessed
Percent Rate
Change
FY 2023 - 2024 FY 2024 - 2025