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R-032-12 Authorizing the Levy of a Special Tax in Community Facility District No. 88-1- Adopted 7.17.2012
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R-032-12 Authorizing the Levy of a Special Tax in Community Facility District No. 88-1- Adopted 7.17.2012
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Exhibit A <br />City of Colton <br />2012113 Special Tax Levy <br />Community Facilities District B8-1 <br />Levy Components <br />2012/13 <br />Principal <br />$165,000.00 <br />Interest <br />34,676.26 <br />TOTAL <br />$199,676.26 <br />City Staff and Expenses <br />$7,000.00 <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 />1,000.00 <br />TOTAL <br />$14,399.37 <br />Total Principal, Interest and Admin Costs <br />$214,075.63 <br />Replenishmenti (Credit) <br />(6,000.00) <br />Special Tax Requirement <br />$208,075.63 <br />Applied Charge at Projected Rate <br />$208,074.32 <br />Difference (due to rounding) <br />$1.31 <br />IL <br />Developed Colton Residential Units <br />180 <br />Maximum Special Tax Rate <br />$871.84 <br />Projected Special Tax Rate for 2012M3 <br />$705.14 <br />Developed San Bernardino Residential Units <br />208 <br />Maximum Special Tax Rate <br />$759.27 <br />Projected Special Tax Rate for 2012M3 <br />$390.14 <br />° The projected special tax rate isbased onthe proposed budget shown and <br />reflects a -2.96% change from the prior year's levy. <br />VViUdanFinancial Services July 17,2O12 <br />
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