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07/09/1996 17:12 3104346681 <br />SCOTT ASSOCIATES <br />PAGE 82 <br />Exhibit A <br />City of Colton <br />Community Facilities District 87-1 <br />1996/97 Special Tax Levy <br />The annual special tax levy is determined by summing the amounts necessary to pay debt service on the <br />bonds and pay administrative expenses for the year. In addition, amounts may be added to replenish the <br />Reserve Fund for any est delinquencies <br />arnin earnings <br />incurred, and credits may be given for any fiords on hand. This CFD is <br />given a credit for interest earttings from the Bond Fund. <br />1996/97 Debt Service Requirements <br />Interest Due 3/1/97 <br />Interest Due 9/1/97 $82,935.00 <br />Principal Due 9/1/97 52,935.00 <br />Replenish Reserve Fund 25,000.00 <br />Less: Available Funds 0.00 <br />Total Debt Service Levy (43,000.00) <br />' L=sa�,aro.00 <br />1996/97 Services Requirements <br />Police Services <br />Fire Services 0.00 <br />Less: Available Funds 10.00 <br />Total Services Levy (0.00) r <br />1996/97 Administrative Expense Requirements <br />City Staff <br />Fiscal Agent $2,474.77 <br />Legal Fees 3,000.00 <br />CFD Administrator 500.00 <br />Arbitrage Rebate Calculation (95/96) ,000.00 <br />2 <br />Arbitrage Rebate Calculation (96/97) 2,525.00 <br />2,000.00 <br />Publish Tax Rates <br />Postage 100.00 <br />Miscellaneous Expenses 123.16 <br />Less: Available Funds 500.00 <br />Total Administrative Expense Levy (0.00) <br />_�15,222�93 j <br />1996/97 Special Tax Requirement - <br />p C _ _$103,092_93) <br />for the 119 6/97 tax year. For comparison, tchart shows the 19196t97 hem 96um /97 Actual Sp cial T c plresents a savings toeachParcel of 27% over last year's special tax rate. <br />1996/97 1996/97 1996/96 <br />p Maximum Actual Actual <br />Developed Property (387 parcels) $p"-ATAwsial6e.FaI.ex <br />$675.69 <br />$266.39 $363.12 <br />Prepared by Scott Associates <br />July 8, 1996 <br />N <br />M <br />