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07/09/1996 17:12 3104346681 SCOTT ASSOCIATES PAGE 04 <br />Exhibit A <br />City of CDiton <br />Community Facilities District 90.1 <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 <br />Reserve Fund for any delinquencies incurred yam' In addition, amounts may be added to rylenrsh the <br />and credits may be given for any funds on hand. <br />1996/97 Debt Service Requirements <br />Interest Due 3/1/97 <br />Interest Due 9/1/97 <br />$166,275c00 <br />Principal Due 9/1/97 <br />166,275.00 <br />Replenish Reserve Fund <br />50,000.00 <br />Less: Available Funds <br />0.00 <br />Total Debt Service Levy <br />(0.00) <br />1996/97 Administrative Expense <br />City Staff <br />Fiscal Agent <br />legal Fees <br />CFD Administrator <br />Arbitrage Rebate Calculation (95/96) <br />Arbitrage Rebate Calculation (96/97) <br />Publish Tax Rates <br />Postage <br />Miscellaneous Expenses <br />Reimbursement to City for 95/96 expenses <br />Less: Available Funds <br />Total Administrative Expense Levy <br />1996/97 Special Tax Requirement <br />Requirements <br />$2,474.77 <br />4,300.00 <br />500.00 <br />2,000.00 <br />2,525.00 <br />2,000.00 <br />100.00 <br />2.88 <br />500.00 <br />1,238.38 <br />(0.00) <br />5382,550,00 <br />En <br />L= -i-5-.-641.03 <br />E, $388691_03) <br />The following chart shows the 1996/97 Maximum Special Tax and the Actual Special Tax being levied for <br />the 1996/97 tax year. For comparison, the 1995/96 Actual Special Tax is also shown. <br />1996/97 1996/97 <br />Plooerty I .t. e.:__ Maximum l 1995/96 <br />Actual <br />TRA 1 Actual <br />TRA 2 $0 $363�� <br />$359,057.50 <br />$200,000 $ 0.00' $132,398.16 <br />'S peevei d n T levied on TRA 2 propaty In prior yea's exceed its special tax obligation. Therefore <br />be Icvied on TRA il property, Fpnrecloa pto"O d� obi n. <br />been Initialed against TRq 2 pro r mid traes have c <br />TRA 2*3 Po sale cilli be used' , eased to <br />77iA 2'a portion of debt service until the rmZ1jO The Raine Fund will be used In the t> s of the <br />proceeds of the «closure sale are reeelved the amount of S32,958 to pay <br />Prepared by Scott Associates <br />July 8, 1996 <br />N <br />0 <br />