Fontana City Council
July 23, 2024

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2024-2025
Principal Payment 09/2024 70,000$ Bond Service Funds Available 120,058$ Interest Payment 09/2024 37,200 Proposed Special Tax Levy 164,769 Interest Payment 03/2025 35,800 Allowance for Delinquencies (4,943) Principal Payment 09/2025 70,000
Interest Payment 09/2025 35,800
Administration Costs 31,084
Total Costs 279,884$ Available Funds 279,884$
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- >3,850 sq ft 1,801.39$ 679.80$ 2,481.19$
2- 3,450 to 3,850 sq ft 1,634.15 679.80 2,313.95
3- 3,050 to 3,450 sq ft 1,466.91 679.80 2,146.71
4- 2,650 to 3,050 sq ft 1,394.56 679.80 2,074.36
5- 2,250 to 2,650 sq ft 1,260.77 679.80 1,940.57
6- 1,850 to 2,250 sq ft 1,118.79 679.80 1,798.59
7- <1,850 sq ft 976.80 679.80 1,656.60
8- Non-Residential 8,286.80 3,983.01 12,269.81
Total Proposed Levy 164,769$ 80,216$ 244,986$
Schedule 3
Comparison of Special Tax Levy and Rates by Fiscal Years Tax Classification
(Land Use) Special Tax Rate Special Tax Rate
1- >3,850 sq ft -$ 2,461.39$ -$ 2,481.19$ 1%
2- 3,450 to 3,850 sq ft 45,883 2,294.15 46,279 2,313.95 1% 3- 3,050 to 3,450 sq ft 61,680 2,126.91 62,255 2,146.71 1% 4- 2,650 to 3,050 sq ft 71,910 2,054.56 72,603 2,074.36 1% 5- 2,250 to 2,650 sq ft 40,336 1,920.77 40,752 1,940.57 1% 6- 1,850 to 2,250 sq ft 19,567 1,778.79 19,784 1,798.59 1% 7- <1,850 sq ft 3,274 1,636.80 3,313 1,656.60 1%
8- Non-Residential - 12,153.80 - 12,269.81 1%
242,649$ 244,986$
Exhibit "A"
City of Fontana
Community Facilities District No. 70
Avellino
Assessed
Percent Rate
Change
FY 2023 - 2024 FY 2024 - 2025