DTA Page 1
Remaining Fiscal Year 2024-2025 Sources of Funds: $3,156,418.75 Debt Service on 2022 Bonds $3,150,234.41
Administrative Expenses $6,184.34
Remaining Fiscal Year 2024-2025 Obligations: ($3,156,418.75) Interest Due September 1, 2025 ($1,821,418.75)
Principal Due September 1, 2025 ($1,295,000.00)
Anticipated Administrative Expenses ($40,000.00)
Fiscal Year 2024-2025 Surplus / (Draw on Reserve Fund) $0.00 Series 2022 Refunding Bonds ($5,038,087.50)
Interest Due March 1, 2026 ($1,789,043.75)
Interest Due September 1, 2026 ($1,789,043.75)
Principal Due September 1, 2026 ($1,460,000.00)
Administrative Expense Obligations ($40,000.00)
Direct Levy for Payment of Authorized Services ($39,584.36) Levy for Anticipated Special Tax Delinquencies (0.4%) ($20,152.35) Fiscal Year 2025-2026 Special Tax Requirement $5,137,824.21 City of San Mateo
Community Facilities District No. 2008-1 (Bay Meadows)
Fiscal Year 2025-2026 Special Tax Requirement
DTA Page 2
2012 2026
Land FY 2011-12 FY 2025-26
Use Residential Floor Maximum Maximum
Class Description Area (square feet) Location Special Tax Special Tax [1] $2
1 Greater than 2,300 NA $5,405.00 $7,131.78
2 2,151 to 2,300 NA $5,288.00 $6,977.40
3 2,001 to 2,150 NA $4,989.00 $6,582.88
4 Residential Property 1,851 to 2,000 NA $4,973.00 $6,561.77 5 Residential Property 1,701 to 1,850 NA $4,917.00 $6,487.88 6 1,551 to 1,700 NA $4,557.00 $6,012.86
7 1,401 to 1,550 NA $4,069.00 $5,368.96
8 Residential Property 1,251 to 1,400 NA $3,701.00 $4,883.39 9 Residential Property 1,101 to 1,250 NA $3,482.00 $4,594.43 10 951 to 1,100 NA $3,158.00 $4,166.91
11 801 to 950 NA $2,572.00 $3,393.70
12 Less than 801 NA $2,332.00 $3,077.02
13 Greater than 1,400 NA $1,344.00 $1,773.38
14 801-1,400 NA $1,344.00 $1,773.38
15 Less Than 801 NA $1,139.00 $1,502.89
16 NA NA $60,000.00 $79,168.73
17 NA NA $1.77 $2.330
18 NA NA $0.52 $0.690
NA NA NA $132,693.00 $175,085.60
2010
Land Units / Maximum * Step 1 * * Step 2 * * Step 2 * FY 2025-26 Percent Use Acreage as FY 2025-26 Special Special Special Special Tax Levy of Class
of
5/1/2025 Special Taxes Tax Levy
Tax
Levy Tax Levy Per Unit/Acre Maximum$2
1 75 $534,883.50 $432,054.42 NA $5,760.73 80.78%
2 38 $265,141.20 $214,168.93 NA $5,636.02 80.78%
3 24 $157,989.12 $127,616.38 NA $5,317.35 80.78%
4 45 $295,279.65 $238,513.39 NA $5,300.30 80.78%
5 61 $395,760.68 $319,677.37 NA $5,240.61 80.78%
6 58 $348,745.88 $281,700.96 NA $4,856.91 80.78%
7 101 $542,264.96 $438,016.82 NA $4,336.80 80.78%
8 121 $590,890.19 $477,294.06 NA $3,944.58 80.78%
9 16 $73,510.88 $59,378.73 NA $3,711.17 80.78%
10 31 $129,174.21 $104,341.02 NA $3,365.84 80.78%
11 21 $71,267.70 $57,566.79 NA $2,741.28 80.78%
12 5 $15,385.10 $12,427.38 NA $2,485.48 80.78%
13 24 $42,561.12 $34,378.93 NA $1,432.46 80.78%
14 25 $44,334.50 $35,811.38 NA $1,432.46 80.78%
15 2 $3,005.78 $2,427.93 NA $1,213.97 80.78%
16 5.306 $420,069.28 $339,312.74 NA $63,948.88 80.78%
17 1,039,952 $2,423,088.16 $1,957,259.74 NA $1.88 80.78% 18 10,545 $7,276.05 $5,877.26 NA $0.56 80.78%
Undev 4.831 $845,865.67 NA $0.00 $0.00 NA
TOTAL NA $7,206,493.63 $5,137,824.21 $0.00 NA NA
Residential Property
City of San Mateo
Community Facilities District No. 2008-1 (Bay Meadows)
Fiscal Year 2025-2026 Maximum Special Tax Rates
Residential Property
Residential Property
[1] The Maximum Special Tax is subject to 2% escalation through fiscal year 2060-61.
Fiscal Year 2025-2026 Special Tax Levy
Residential Property
Below Market-Rate Units
Undeveloped Property
Below Market-Rate Units
Apartment Property [2]
Non-Residential Property - Office Floor Area
Non-Residential Property - Retail Floor Area
[2] Pursuant to the Rate and Method, any Assessor’s Parcels or portions of Assessor’s Parcels that would ordinarily be classified as Apartment Property that are created after the first 5.306 Acres of Apartment Property have already been established will be classified as Residential Property with Condominium Units or BMR Units located on them, and each dwelling unit located on such Residential Property will be subject to the same Assigned Special Taxes and Backup Special Tax rates as are assigned to Condominium Units or BMR Units, as applicable.
Residential Property
Residential Property
Residential Property
Residential Property
Below Market-Rate Units