Fontana City Council
July 23, 2024

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2024-2025
Principal Payment 09/2024 115,000$ Bond Service Funds Available 193,037$ Interest Payment 09/2024 84,997 Proposed Special Tax Levy 342,955 Interest Payment 03/2025 83,272 Allowance for Delinquencies (10,289) Principal Payment 09/2025 115,000
Interest Payment 09/2025 83,272
Administration Costs 44,163
Total Costs 525,704$ Available Funds 525,704$
Schedule 2
Proposed Special Tax Rates for Fiscal Year 2024-2025
(Special Tax A and Special Tax B)
Total Special
Residential Lot Size (sq ft) Special Tax A Special Tax B Tax Rate 1- 2,900 or Greater 3,706.56$ 643.75$ 4,350.31$
2- 2,700 to less than 2,900 3,582.72 643.75 4,226.47
3- 2,500 to less than 2,700 3,527.04 643.75 4,170.79
4- 2,300 to less than 2,500 3,382.08 643.75 4,025.83
5- 2,100 to less than 2,300 3,287.04 643.75 3,930.79
6- 1,900 to less than 2,100 3,159.36 643.75 3,803.11
7- 1,700 to less than 1,900 2,961.60 643.75 3,605.35
8- Less than 1,700 2,899.20 643.75 3,542.95
9- Non-Residential Property 26,572.80 - 26,572.80
Total Proposed Levy 342,955$ 65,663$ 408,618$
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- 2,900 or Greater -$ 4,331.56$ -$ 4,350.31$ 1%
2- 2,700 to less than 2,900 - 4,207.72 - 4,226.47 1%
3- 2,500 to less than 2,700 137,017 4,152.04 137,636 4,170.79 1% 4- 2,300 to less than 2,500 108,191 4,007.08 108,697 4,025.83 1% 5- 2,100 to less than 2,300 78,241 3,912.04 78,616 3,930.79 1% 6- 1,900 to less than 2,100 83,256 3,784.36 83,668 3,803.11 1% 7- 1,700 to less than 1,900 - 3,586.60 - 3,605.35 1%
8- Less than 1,700 - 3,524.20 - 3,542.95 1%
9- Non-Residential Property - 26,572.80 - 26,572.80 0%
406,705$ 408,618$
Exhibit "A"
City of Fontana
Community Facilities District No. 86
Etiwanda Ridge
FY 2023 - 2024 FY 2024 - 2025 Percent Rate
Change