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2005 RES R-95-05
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2005 RES R-95-05
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2/24/2014 4:46:57 PM
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Exhibit A <br />City of Colton <br />Community Facilities District 88-1 <br />Special Tax Levy for FY 2005/06 <br />Debt Service Requirements <br />2005/06 <br />Interest Due 3/1/2006 <br />47,225.75 <br />Interest Due 9/1/2006 <br />47,225.75 <br />Principal Due 9/1/2006 <br />105,000.00 <br />Recover Delinquencies <br />(0.00) <br />Less: Available Funds <br />(9,870.00) <br />Less: Refunding Savings <br />(18,211.22) <br />Total Debt Service Levy <br />$171,370.28 <br />Administrative Expenses <br />City Staff $6,217.54 <br />Fiscal Agent and Share of PFA (US Bank) 2,220.00 <br />Legal Fees 0.00 <br />CFD Administrator 4,501.00 <br />Share of PFA Arbitrage Rebate Calculation 570.00 <br />Miscellaneous 297.90 <br />County Fee 116.40 <br />Less: Available Funds (5,100.00) <br />Total Administrative Expense Levy $8,822.84 <br />Special Tax Requirement $180,193.12 <br />The following chart shows the Maximum Special Tax and the Projected Special Tax based on the proposed budget. The <br />Projected Special Tax reflects an increase of 3.2% from last year's special tax levy. <br />$180,193.12 <br />Prepared by Scott Associates July 25, 2005 <br />2005/06 <br />Maximum <br />Projected <br />2005/06 <br />2005/06 <br />Property Classification Special Tax <br />Special Tax <br />Units <br />Revenue <br />Final Land Use: Colton $871.84 <br />$610.68 <br />180 <br />$109,922.40 <br />Final Land Use: San Bernardino $759.27 <br />$337.84 <br />208 <br />$70,270.72 <br />$180,193.12 <br />Prepared by Scott Associates July 25, 2005 <br />
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