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2006 RES R-100-06
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2006 RES R-100-06
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Exhibit A <br />City of Colton <br />2006/07 Special Tax Levy <br />Community Facilities District 88-1 R <br />Levy Components <br />. <br />PRINCIPAL AND INTEREST <br />Principal <br />$115,000.00 <br />Interest <br />87, 516.26 <br />TOTAL <br />$202,516.26 <br />ADMINISTRATION COSTS <br />City Staff and Expenses <br />$6,764.31 <br />County Auditor and Assessor Fees <br />116.40 <br />Registrar/Transfer/Paying Agent Fees <br />2,220.00 <br />Consulting Services and Expenses <br />4,062.97 <br />Delinquency Management Allowance <br />1,665.00 <br />TOTAL <br />$14,828.68 <br />Total Principal, Interest and Admin Costs <br />$217,344.94 <br />ADJUSTMENTS APPLIED TO LEVY <br />Available Surplus Funds <br />(10,000.00) <br />TOTAL <br />($10,000.00) <br />TOTAL CHARGE <br />Special Tax Requirement <br />$207,344.94 <br />Applied Charge at Projected Rate <br />$207,344.76 <br />Difference (due to rounding) <br />$0.18 <br />SPECIAL TAX RATES* <br />Developed Colton Residential Units <br />180 <br />Maximum Special Tax Rate <br />$871.84 <br />Projected Special Tax Rate for 2006/07 <br />$702.67 <br />Developed San Bernardino Residential Units <br />208 <br />Maximum Special Tax Rate <br />$759.27 <br />Projected Special Tax Rate for 2006/07 <br />$388.77 <br />* The projected special tax rate is based on the proposed budget shown and <br />reflects an average increase of 15.07% of the prior year's levy. <br />MuniFinancial July 11, 2006 <br />
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