1996 AGN AUG 06 104 - Laserfiche WebLink

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Exhibit A City of Colton Community Facilities District 89-2 1996/97 Special Tax Levy The annual special tax levy is determined by summing the amounts necessary to pay debt service on the bonds and pay administrative expenses for the year. In addition, amounts may be added to replenish the Reserve Fund for any delinquencies incurred, and credits may be given for any funds on hand. 1996/97 Debt Service Requirements Interest Due 3/1/97 $126,430.00 Interest Due 9/1/97 126,430.00 Principal Due 9/1/97 35,000.00 Replenish Reserve Fund 0.00 Less: Available Funds (0.00) Total Debt Service Levy $287,860.00 1996/97 Services Requirements Police Services 0.00 Fire Services 0.00 Less: Available Funds (0.00) Total Services Levy (— ($0.001 1996/97 Administrative Expense Requirements City Staff $2,474.77 Fiscal Agent 3,500.00 [ Legal Fees 500.00 CFD Administrator 4,000.00 Arbitrage Rebate Calculation (95/96) 2,525.00 Arbitrage Rebate Calculation (96/97) 2,000.00 Publish Tax Rates 100.00 Postage 72.48 Miscellaneous Expenses 500.00 Less: Available Funds (0.00) Total Administrative Expense Levy ; 15,672.25 1996/97 Special Tax Requirement $303,532.251 The following chart shows the 1996/97 Maximum Special Tax and the Actual Special Tax being levied for the 1996/97 tax year. For comparison, the 1996/97 Actual Special Tax represents a savings to each parcel of 5% over last year's special tax rate. 1996197 1996/97 1995/96 Proper Classification Maximum Special Actual Actual Residential Developed (65 parcels) Tax Special $1,104.08 Tax $794.56 Special Tax $835.22 Residential Approved (157 parcels) $883.27 $794.56 $835.22 Residential Planned (27.938 acres) $3,091.43 $2,780.96 $2,923.27 Undeveloped (17.78 acres) $3,091.43 $2,780.96 $2,923.27 Prepared by Scott Associates July 8, 1996