Laserfiche WebLink
Exhibit A <br />City of Colton <br />2015/16 Special Tax Levy <br />Community Facilities District 87-1 <br />Levy Components <br />PRINCIPAL AND INTEREST <br />Principal <br />$75,000.00 <br />Interest <br />15,840.00 <br />TOTAL <br />$90,840.00 <br />ADMINISTRATION COSTS <br />City Staff and Expenses <br />$7,000.00 <br />County Auditor and Assessor Fees <br />116.10 <br />Reg istrar/Transfer/Paying Agent Fees <br />1,600.00 <br />Consulting Services and Expenses <br />4,351.72 <br />Delinquency Management Allowance <br />100.00 <br />TOTAL <br />$13,167.82 <br />Total Principal, Interest and Admin Costs <br />$104,007.82 <br />-.ADJUSTMENTS APPLIED TO LEVY <br />Replenishment/ (Credit) <br />($104,007.82) <br />TOTAL <br />($104,007.82) <br />TOTAL CHARGE <br />Special Tax Requirement <br />$0.00 <br />Applied Charge at Projected Rate <br />$0.00 <br />Difference (due to rounding) <br />$0.00 <br />SPECIAL TAX RATES <br />Developed Residential Units <br />387 <br />Maximum Special Tax Rate <br />$675.69 <br />Projected Special Tax Rate for 2015/16 <br />$0.00 <br />* The projected special tax rate is based on the proposed budget shown and <br />reflects a -100% change from the prior year's levy. There are enough funds to <br />retire the remaining outstanding Bonds on September 1, 2015. As such, the <br />CFD will not be levied for Fiscal Year 2015/16. <br />June 16, 2015 <br />Willdan Financial Services <br />