Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2024-2025
Principal Payment 09/2024 110,000$ Bond Service Funds Available 63,646$ Interest Payment 09/2024 102,300 Proposed Special Tax Levy 521,961 Interest Payment 03/2025 100,100 Allowance for Delinquencies (15,659) Principal Payment 09/2025 115,000
Interest Payment 09/2025 100,100
Administration Costs 42,448
Total Costs 569,948$ Available Funds 569,948$
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 – Detached - 2,550 or Greater 2,553.00$ 314.15$ 2,867.15$ 2 – Detached - 2,350 to <2,550 2,499.00 314.15 2,813.15 3 – Detached - 2,150 to <2,350 2,407.00 314.15 2,721.15 4 – Detached - 1,950 to <2,150 2,374.00 314.15 2,688.15 5 – Detached - 1,750 to <1,950 2,316.00 314.15 2,630.15 6 – Detached - Less than 1,750 2,260.00 314.15 2,574.15 7 – Attached - 1,750 or Greater 2,083.00 314.15 2,397.15 8 – Attached - 1,600 to <1,750 2,032.00 314.15 2,346.15 9 – Attached - 1,450 to <1,600 1,968.00 314.15 2,282.15 10 – Attached - Less than 1,450 1,854.00 314.15 2,168.15 11- Non-Residential Property 55,260.00 8,023.70 63,283.70 Total Proposed Levy 521,961$ 75,710$ 597,671$
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 – Detached - 2,550 or Greater -$ 2,858.00$ -$ 2,867.15$ 0% 2 – Detached - 2,350 to <2,550 75,708 2,804.00 75,955 2,813.15 0% 3 – Detached - 2,150 to <2,350 59,664 2,712.00 59,865 2,721.15 0% 4 – Detached - 1,950 to <2,150 128,592 2,679.00 129,031 2,688.15 0% 5 – Detached - 1,750 to <1,950 34,073 2,621.00 34,192 2,630.15 0% 6 – Detached - Less than 1,750 - 2,565.00 - 2,574.15 0% 7 – Attached - 1,750 or Greater - 2,388.00 - 2,397.15 0% 8 – Attached - 1,600 to <1,750 116,850 2,337.00 117,308 2,346.15 0% 9 – Attached - 1,450 to <1,600 113,650 2,273.00 114,108 2,282.15 0% 10 – Attached - Less than 1,450 66,929 2,159.00 67,213 2,168.15 0% 11- Non-Residential Property - 63,050.00 - 63,283.70 0% 595,466$ 597,671
Exhibit "A"
City of Fontana
Community Facilities District No. 87
El Paseo
FY 2023 - 2024 FY 2024 - 2025 Percent Rate
Change
Exhibit A
Fontana City Council
July 23, 2024
- Document
- Exhibit A
- Meeting
- July 23, 2024
- Body
- Fontana City Council
- Original file
- 11 KB
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