Fontana City Council
July 23, 2024

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2024-2025
Principal Payment 09/2024 160,000$ Bond Service Funds Available 223,081$ Interest Payment 09/2024 73,684 Proposed Special Tax Levy 360,464 Interest Payment 03/2025 72,084 Allowance for Delinquencies (10,814) Principal Payment 09/2025 165,000
Interest Payment 09/2025 72,084
Administration Costs 29,877
Total Costs 572,730$ Available Funds 572,730$
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- >3,450 sq ft 2,240.14$ 644.78$ 2,884.92$
2- 3,250 to 3,450 sq ft 2,153.35 644.78 2,798.13
3- 3,050 to 3,250 sq ft 2,021.36 644.78 2,666.14
4- 2,850 to 3,050 sq ft 1,980.38 644.78 2,625.16
5- 2,650 to 2,850 sq ft 1,900.22 644.78 2,545.00
6- 2,450 to 2,650 sq ft 1,859.76 644.78 2,504.54
7- 2,250 to 2,450 sq ft 1,782.70 644.78 2,427.48
8- 2,050 to 2,250 sq ft 1,737.49 644.78 2,382.27
9- 1,850 to 2,050 sq ft 1,655.53 644.78 2,300.31
10- <1,850 sq ft 1,627.21 644.78 2,271.99
Total Proposed Levy 360,464$ 120,574$ 481,037$
Schedule 3
Comparison of Special Tax Levy and Rates by Fiscal Years Tax Classification
(Land Use) Special Tax Rate Special Tax Rate
1- >3,450 sq ft 54,457$ 2,866.14$ 54,813$ 2,884.92$ 1%
2- 3,250 to 3,450 sq ft 61,146 2,779.35 61,559 2,798.13 1% 3- 3,050 to 3,250 sq ft 63,537 2,647.36 63,987 2,666.14 1% 4- 2,850 to 3,050 sq ft 46,915 2,606.38 47,253 2,625.16 1% 5- 2,650 to 2,850 sq ft 90,944 2,526.22 91,620 2,545.00 1% 6- 2,450 to 2,650 sq ft - 2,485.76 - 2,504.54 1%
7- 2,250 to 2,450 sq ft 55,400 2,408.70 55,832 2,427.48 1% 8- 2,050 to 2,250 sq ft 70,905 2,363.49 71,468 2,382.27 1% 9- 1,850 to 2,050 sq ft 34,223 2,281.53 34,505 2,300.31 1% 10- <1,850 sq ft - 2,253.21 - 2,271.99 1%
477,526$ 481,037$
Exhibit "A"
City of Fontana
Community Facilities District No. 71
Sierra Crest
FY 2023 - 2024 FY 2024 - 2025 Percent Rate
Change