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2002 RES R-89-02
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2002 RES R-89-02
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2/24/2014 5:01:17 PM
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Exhibit A <br />City of Colton <br />Community Facilities District 88-1 <br />2002/03 Special Tax Levy <br />Debt Service Requirements <br />Interest Due 3/1/2003 <br />56,637.88 <br />Interest Due 9/1/2003 <br />56,637.88 <br />Principal Due 9/1/2003 <br />90,000.00 <br />Recover Delinquencies <br />(0.00) <br />Less: Available Funds <br />(12,400.00) <br />Less: Refunding Savings <br />(22,246.07) <br />Total Debt Service Levy <br />$168,629.69 <br />Administrative Expenses <br />City Staff <br />$4,225.00 <br />Fiscal Agent and Share of PFA (US Bank) <br />1,925.00 <br />Legal Fees <br />0.00 <br />CFD Administrator <br />4,370.00 <br />Share of PFA Arbitrage Rebate Calculation <br />570.00 <br />Miscellaneous <br />300.31 <br />County Fee <br />116.40 <br />Less: Available Funds <br />(9,000.00) <br />Total Administrative Expense Levy <br />$2,506.71 <br />Special Tax Requirement $171,136.40 <br />The following chart shows the Maximum Special Tax and the Projected Special Tax based on the <br />proposed budget. The Projected Special Tax reflects an increase of 0.5% from last year's special tax levy. <br />Property[ Classification <br />Final Land Use: Colton <br />Final Land Use: San Bernardino <br />Maximum 2002/03 <br />Special Tax Special Tax <br />$871.84 $579.94 <br />$759.27 $320.90 <br />2002/03 <br />2002/03 <br />Units <br />Total Revenue <br />180 <br />$104,389.20 <br />208 <br />66 747.20 <br />$171,136.40 <br />Prepared by Scott Associates July 15, 2002 <br />
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