CIT
Hilltown Mello-Roos District Special Tax Impact
Home Value
$ 650,000 $ 750,000
Taxes Assuming Current Ad Valorem and Add-on Charges
Tax Rate 2) Tax Bill Tax Bill
1.240% $ 8,060 $ 9,300
Total Effective Taxes Including CFD Special Taxes (Range) Tax Rate (2) Tax Bill Tax Bill % Change
1.800% $ 11,700 $ 13,500 45.2%
1.900% $ 12,350 $ 14,250 53.2%
2.000% $ 13,000 $ 15,000 61.3%
• Assuming a current total tax rate of 1.24%, homebuyers in the Mello-Roos District can anticipate to pay an additional $3,640 to $5,700 in taxes (total increase of 45.2% to 61.3%) • Proceeds from the Community Facilities District Special Tax Bonds will be used to build public infrastructure
(1) Based on average tax bill for home in Hercules, CA
(2) Estimates
HilltopSecurities Membe FINANCIN SEC.,
A Hiltop Holdings Company.