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2003 AGN AUG 05 I09
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2003 AGN AUG 05 I09
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Exhibit A <br />City of Colton <br />Community Facilities District 87-1 <br />2003/04 Special Tax Levy <br />Debt Service Requirements <br />4,434.76 <br />Interest Due 3/1/2004 <br />28,050.00 <br />Interest Due 9/1/2004 <br />28,050.00 <br />Principal Due 9/1/2004 <br />35,000.00 <br />Recover Delinquencies <br />0.00 <br />Less: Available Funds <br />(5,192.55) <br />Less: Refunding Savings <br />(9,472.23) <br />Total Debt Service Levy <br />76,435.22 <br />Administrative Expenses <br />City Staff <br />4,434.76 <br />Fiscal Agent and Share of PFA (US Bank) <br />2,220.00 <br />Legal Fees <br />0.00 <br />CFD Administrator <br />4,370.00 <br />Share of PFA Arbitrage Rebate Calculation <br />255.00 <br />Miscellaneous <br />443.62 <br />County Fee <br />116.10 <br />Less: Available Funds <br />0.00 <br />Total Administrative Expense Levy <br />11,839.48 <br />Special Tax Requirement <br />88,274.70' <br />The following chart shows the Maximum Special Tax and the Projected Special Tax based on the proposed budget <br />. The Projected Special Tax reflects an increase of 1% from last year's special tax levy. <br />Property Classification <br />Developed Property <br />2003/04 <br />Total Revenue <br />$88,274.70 <br />Prepared by Scott Associates July 21, 2003 <br />2003/04 <br />Maximum <br />Projected 2003/04 <br />Special Tax <br />Special Tax Units <br />$675.69 <br />$228.10 387 <br />2003/04 <br />Total Revenue <br />$88,274.70 <br />Prepared by Scott Associates July 21, 2003 <br />
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