Fontana City Council
July 23, 2024

Schedule 1
Special Tax Allocation - Costs to be Allocated
Fiscal Year 2024-2025
Principal Payment 09/2024 -$ Bond Service Funds Available 76,953$ Interest Payment 09/2024 110,760 Proposed Special Tax Levy 596,451 Interest Payment 03/2025 189,875 Allowance for Delinquencies (17,894) Principal Payment 09/2025 125,000
Interest Payment 09/2025 189,875
Administration Costs 40,000
Total Costs 655,510$ Available Funds 655,510$
Schedule 2
Proposed Special Tax Rates for Fiscal Year 2024-2025
(Special Tax A and Special Tax B)
Total Special
Residential Floor Area (sq ft) Special Tax A Special Tax B Tax Rate 1 – 2,250 or Greater 3,258.00$ 366.00$ 3,624.00$
2 – 2,050 to less than 2,250 3,218.00 366.00 3,584.00
3 – 1,850 to less than 2,050 3,031.00 366.00 3,397.00
4 – 1,650 to less than 1,850 2,940.00 366.00 3,306.00
5 – Less than 1,650 2,907.00 366.00 3,273.00
6 – Non-Residential Property 51,640.00 6,270.00 57,910.00 Undeveloped Property - - -
Total Proposed Levy 596,451$ 72,468$ 668,919$
Schedule 3
Comparison of Special Tax Levy and Rates by Fiscal Years Tax Classification Percent
(Land Use) Special Tax Rate Special Tax Rate Change
1 – 2,250 or Greater -$ 3,624.00$ -$ 3,624.00$ 0%
2 – 2,050 to less than 2,250 57,344 3,584.00 96,768 3,584.00 0% 3 – 1,850 to less than 2,050 166,453 3,397.00 254,775 3,397.00 0% 4 – 1,650 to less than 1,850 208,278 3,306.00 317,376 3,306.00 0% 5 – Less than 1,650 - 3,273.00 - 3,273.00 0%
6 – Non-Residential Property - 57,910.00 - 57,910.00 0% Undeveloped Property 25,620 366.00 - - 0%
457,695$ 668,919$
Exhibit "A"
City of Fontana
Community Facilities District No. 111
Monterado
FY 2023 - 2024 FY 2024 - 2025