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1998 RES R-72-98
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1998 RES R-72-98
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Exhibit A <br />City of Colton <br />Community Facilities District 87-1 <br />1998/99 Special Tax Levy <br />1998/99 Debt Service Requirements <br />Interest Due 3/1/99 <br />$32,835.00 <br />Interest Due 9/1199 <br />32,835.00 <br />Principal Due 9/1/99 <br />25,000.00 <br />Recover Delinquencies <br />0.00 <br />Less: Available Funds <br />(12,500.00) <br />Less: Refunding Savings <br />(13,665.59) <br />Total Debt Service Levy <br />$64,504-41 <br />1998199 Services Requirements <br />Police Services <br />Fire Services <br />Less: Available Funds <br />Total Services Levy $0.001 <br />1998/99 Administrative Expense Requirements <br />City Staff <br />$3,762.86 <br />Fiscal Agent (First Trust Ca) <br />1,925.00 <br />Paying Agent (Union Bank) <br />0.00 <br />LegalFees <br />500.00 <br />CFD Administrator <br />4,120.00 <br />Arbitrage Rebate Calculation (98/99) <br />2,025.00 <br />Arbitrage Rebate Calculation (5th Year) <br />0.00 <br />Share of PFA Arbitrage Rebate Calculation <br />344.25 <br />Postage <br />128.70 <br />County Fee <br />116.10 <br />Miscellaneous Expenses <br />500.00 <br />Less: Available Funds <br />0.00 <br />Total Administrative Expense Levy <br />$13)421.91 <br />1998/99 Special Tax Requirement <br />$77,926.32 <br />The following chart shows the Maximum Special Tax and the 1998/99 Special Tax based on the <br />Special Tax Requirement. The 1998/99 Special Tax reflects an increase of .2% from last year's <br />special tax levy. <br />Property Classification <br />Developed Property <br />Maximum 1998/99 <br />Special Tax Special Tax <br />$675.69 $201.36 <br />1998/99 1998/99 <br />Units Total Revenue <br />387 $77,926.32 <br />Prepared by Scott Associates July 27, 1998 <br />
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