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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 88-1 <br />2003/04 Special Tax Levy <br />Debt Service Requirements <br />Interest Due 3/1/2004 53,665.63 <br />Interest Due 9/1/2004 53,665.63 <br />Principal Due 9/1/2004 95,000.00 <br />Recover Delinquencies (0.00) <br />Less: Available Funds (18,253.77) <br />Less: Refunding Savings (21,037.64) <br />Total Debt Service Levy � 163,039.85] <br />Administrative Expenses <br />2003/04 <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 />570.00 <br />Miscellaneous <br />347.45 <br />County Fee <br />116.40 <br />Less: Available Funds <br />(521.26) <br />Total Administrative Expense Levy <br />$11 3 <br />Special Tax Requirement <br />L174,577.201 <br />$174,577.20 <br />The following chart shows the Maximum Special Tax and the Projected Special Tax based on the proposed <br />budget. The Projected Special Tax reflects an increase of 2% from last year's special tax levy. <br />Prepared by Scott Associates July 21, 2003 <br />2003/04 <br />Maximum <br />Projected <br />2003/04 <br />2003/04 <br />Property Classification Special Tax <br />Special Tax <br />Units <br />Total Revenue <br />Final Land Use: Colton $871.84 <br />$591.66 <br />180 <br />$106,498.80 <br />Final Land Use: San Bernardino $759.27 <br />$327.30 <br />208 <br />68.078.40 <br />$174,577.20 <br />Prepared by Scott Associates July 21, 2003 <br />
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