Full Text
Infrastructure Financing Program Fees Community Facilities District No. 2024-1 (Tivoli) Maximum Special Tax Effective July 1, 2025 to June 30, 2026 ---PAGE BREAK--- For information call [PHONE REDACTED]. Maximum One-Time Facilities Special Tax (See Division Endnotes) Fees below are due at Permit Issuance. Land Use Class Fee Per Very Low Density Residential Property $104,000.00 Net Taxable Acre Low Density Residential Property $104,000.00 Net Taxable Acre Medium Density Residential Property $104,000.00 Net Taxable Acre Medium High Density Residential Property $104,000.00 Net Taxable Acre Non-Residential Property $104,000.00 Net Taxable Acre Maximum Annual Facilities Special Tax (See Division Endnotes) Fees below are due Annually in December and April. Land Use Class Fee Per Very Low Density Residential Property $5,838.48 Net Taxable Acre Low Density Residential Property $10,465.20 Net Taxable Acre Medium Density Residential Property $13,999.50 Net Taxable Acre Medium High Density Residential Property $13,348.74 Net Taxable Acre Non-Residential Property $7,522.50 Net Taxable Acre Maximum Annual Maintenance Special Tax (See Division Endnotes) Fees below are due Annually in December and April. Land Use Class Fee Per Very Low Density Residential Property $5,372.64 Net Taxable Acre ---PAGE BREAK--- For information call [PHONE REDACTED]. Low Density Residential Property $5,372.64 Net Taxable Acre Medium Density Residential Property $5,372.64 Net Taxable Acre Medium High Density Residential Property $5,372.64 Net Taxable Acre Non-Residential Property $5,372.64 Net Taxable Acre Division Endnotes Endnote 1 The Maximum One-Time Facilities Special Tax shall be collected prior to a building permit being issued for new construction of any residential or non- residential structure on Taxable Property within CFD No. 2024-1 and shall be immediately delinquent if not so paid. Endnote 2 The Annual Facilities Special Tax is levied and collected at the same time as property taxes. The tax assigned to each parcel and the Per-Acre Special Tax shall be increase by two percent of the amount in effect in the prior Fiscal Year. The annual adjustment shall become effective on July 1 of the calendar year in which the adjustment was made. Endnote 3 The Annual Maintenance Special Tax is levied and collected at the same time as property taxes. It is a perpetual fee that pays for authorized services and administrative expenses and cures delinquencies. The tax is adjusted annually per SF ENR or 4% (whichever is greater). The annual adjustment shall become effective on July 1 of the calendar year in which the adjustment was made.