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2002 RES R-90-02
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2002 RES R-90-02
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Exhibit A <br />City of Colton <br />Community Facilities District 89-1 <br />2002/03 Special Tax Levy <br />Debt Service Requirements <br />Interest Due 3/1/2003 <br />Interest Due 9/1/2003 <br />Principal Due 9/1/2003 <br />Recover Delinquencies <br />Less: Available Funds <br />Less: Refunding Savings <br />Total Debt Service Levy <br />Administrative Expenses <br />City Staff <br />Fiscal Agent and Share of PFA (US Bank) <br />Legal Fees <br />CFD Administrator <br />Share of PFA Arbitrage Rebate Calculation <br />Miscellaneous <br />County Fee <br />Less: Available Funds <br />Total Administrative Expense Levy <br />Special Tax Requirement <br />78,842.00 <br />78,842.00 <br />85,000.00 <br />0.00 <br />(20,000.00) <br />(26,558.82) <br />$4,225.00 <br />1,925.00 <br />0.00 <br />4,370.00 <br />675.00 <br />250.94 <br />66.00 <br />(5,000.00) <br />$196,125.18 <br />$6,511.94 <br />$202,637.12 <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 a 3.9% decrease from last year's special tax <br />levy. <br />Property Classification <br />Residential Developed <br />Commercial Developed <br />2002/03 <br />Maximum <br />2002/03 <br />Special Tax <br />Special Tax <br />$1,492.05 <br />$817.48 <br />$5,968.20 <br />$3,269.94 <br />2002/03 2002/03 <br />Units/Acres Total Revenue <br />212 $173,305.76 <br />8.97 $29,331.36 <br />$202,637.12 <br />Prepared by Scott Associates July 15, 2002 <br />
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