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2005 RES R-98-05
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2005 RES R-98-05
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2/24/2014 4:46:52 PM
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Exhibit A <br />City of Colton <br />Community Facilities District 90-1 <br />Special Tax Levy for FY 2005/06 <br />Debt Service Requirements <br />Interest Due 3/1/2006 85,500.00 <br />Interest Due 9/1/2006 85,500.00 <br />Principal Due 9/1/2006 85,000.00 <br />Replenish Reserve Fund (0.00) <br />Less: Available Funds (0.00) <br />Total Debt Service Levy $256,000.00 <br />Administrative Expenses <br />City Staff <br />$6,217.54 <br />Paying Agent (US Bank) <br />2,900.00 <br />Legal Fees <br />0.00 <br />CFD Administrator <br />2,508.00 <br />Arbitrage Rebate Calculation <br />1,250.00 <br />Miscellaneous <br />200.00 <br />County Fee <br />1.20 <br />Less: Available Funds <br />(2,700.00) <br />Total Administrative Expense Levy <br />$10,376.74 <br />Special Tax Requirement <br />-] <br />$266,376.74 <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 2.6% from last year's special tax levy. <br />$266,376.74 <br />Prepared by Scott Associates July 25, 2005 <br />2004/05 <br />Maximum <br />Projected <br />2004/05 <br />2004/05 <br />Property Classification Special Tax <br />Special Tax <br />Units <br />Revenue <br />TRA 1 $500,000 <br />$266,376.74 <br />4.98 <br />$266,376.74 <br />TRA 2 $0 <br />$0.00 <br />0.00 <br />$0.00 <br />$266,376.74 <br />Prepared by Scott Associates July 25, 2005 <br />
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