HomeMy WebLinkAbout2014-06-24; City Council; 21659; Establish Fiscal Year 2014-15 Special Tax for Community Facilities District 1CITY OF CARLSBAD - AGENDA BILL 16
AB# 21,659 ESJABLISH FISCAL YEAR 2014-15 SPECIAL TAX
FOR COMMUNITY FACILITIES DISTRICT NO. 1
DEPT. DIRECTOR
MTG. 6/24/14 ESJABLISH FISCAL YEAR 2014-15 SPECIAL TAX
FOR COMMUNITY FACILITIES DISTRICT NO. 1 CITY ATTY. "^^^^
DEPT. ASD/FIN
ESJABLISH FISCAL YEAR 2014-15 SPECIAL TAX
FOR COMMUNITY FACILITIES DISTRICT NO. 1
CITY MGR. />f^
RECOMMENDED ACTION:
Adopt Resolution No. 2014-160 establishing the Fiscal Year 2014-15 special tax for Community Facilities
District No. 1.
ITEM EXPLANATION:
In 1982, the State Legislature responded to the need for a high quality method of financing public
improvements by approving the Mello-Roos Community Facilities Act of 1982. This Act allows voters to
approve a special tax levied on their property to fund the construction or acquisition of facilities or services
through a Community Facilities District (CFD).
Pursuant to Council Policy No. 33, CFD financing is not intended to relieve any developer of the
responsibility to provide funding for infrastructure improvements related to a single development. Further,
to the extent that a CFD has been formed to finance the construction of public infrastructure. Council Policy
No. 33 states that any and all future special tax obligations related to a residential parcel will be discharged
in full at the time building permits are issued for the construction of a residential unit. Because Council
Policy No. 33 ensures the obligation on a residential unit is paid in full when the building permit is issued,
the CFD does not affect homeowners in Carlsbad. As such, a Carlsbad homeowner will not pay city-imposed
Mello-Roos taxes. However, per Council Policy No. 33 developers of non-residential property are provided
the option of discharging their future special tax obligation at the time building permits are issued or
assuming the special tax liability basis over a twenty-five year period.
The City of Carlsbad and property owners of specific vacant land in Carlsbad worked together to form CFD
No. 1. Council held a public hearing, an election, and subsequently formed CFD No. 1 on May 7, 1991.
Vacant land and a small percentage of developed non-residential land located in 18 Local Facilities
Management Zones are currently in CFD No. 1. Other property annexes into the district as development
plans progress.
CFD No. 1 was formed to provide funding for a variety of infrastructure projects needed to meet growth
management requirements. Through debt financing or available cash balances, CFD No. 1 has funded or
will fund the capital projects listed on the following page:
FOR CLERK USE.
COUNCIL ACTION:
DEPARTMENT CONTACT: Aaron Beanan 760-602-2414 Aaron.BeananOcarlsbadca.eov
APPROVED 5 CONTINUEDTO DATE SPECIFIC •
DENIED • CONTINUEDTO DATE UNKNOWN •
CONTINUED • RETURNED TO STAFF •
WITHDRAWN • OTHER - SEE MINUTES •
AMENDED • REPORT RECEIVED •
PAGE 2
Civic Facilities 1-5 Interchanges Road Segments
Library Palomar Airport Road La Costa Avenue
Office/Warehouse Facilities La Costa Avenue Olivenhain Road
City Hall Poinsettia Lane Cannon Road
Veteran's Memorial Park Faraday Avenue
In June 1991, Council adopted an ordinance establishing the special tax formula and maximum rates forthe
district. The maximum special tax rate for property within the CFD is adjusted each year by one-half of the
annual change in the Los Angeles inflationary factor in the Engineering News Record (ENR) Cost Indexes by
City. The maximum special tax rate for property not yet included within CFD No. 1 is adjusted by the full
ENR percentage change until the fiscal year of annexation. Although the ordinance established a ceiling for
future special tax rates, it did not establish the individual special tax levy placed on each applicable parcel.
Each fiscal year, the city establishes the levy based on the funding needs of the next fiscal year.
The rates recommended for the Fiscal Year 2014-15 special tax levy is presented in the Resolution as
Attachment A. Attachment A also shows the special tax rate schedule for property included within CFD No.
1 at formation and for property annexed thereafter. The maximum special tax rates reflect an increase of
one-half ofthe ENR inflator (2.15 percent), as described above.
Vacant Propertv
Consistent with last fiscal year, staff recommends that vacant property planned for future residential
development is not levied in the upcoming fiscal year.
Consistent with last fiscal year, staff recommends that vacant property planned for future commercial or
industrial development is not levied in the upcoming fiscal year.
Residential Propertv
There are no recommended changes, as reflected in Attachment A, to the one-time special tax levied at
residential building permit issuance on residential developers. The percent of the maximum one-time
special tax levied at residential building permit issuance is recommended to remain constant, at 55 percent
ofthe maximum special tax for Fiscal Year 2014-15.
Under this recommendation examples ofthe one-time residential rates in Improvement Area No. 1 for
density up to 4.0 dwelling units per acre are estimated to be:
At the current 2013-14 rate = $3,186 to $4,122 per dwelling unit
At 55 percent ofthe maximum rate for 2014-15 = $3,254 to $4,299 per dwelling unit
(The amount varies depending on the annexation date)
Commercial/Industrial Propertv
The percent ofthe maximum one-time special tax levied at non-residential building permit issuance is also
proposed to remain constant, at 25 percent ofthe maximum one-time special tax for Fiscal Year 2014-15.
PAGE 3
Certain non-residential property owners elected not to pay off their CFD obligation at the time building
permits were issued. Instead, they chose to assume an annual special tax for developed property over 25
years. According to the CFD documents, the annual special tax on developed property shall not exceed
13.81 percent ofthe authorized one-time payoff special tax for commercial and industrial property. This
percentage rate was determined based on the average cost of bond financing (11 percent) plus financing
costs. The proposed Fiscal Year 2014-15 special tax rate for developed property is 7.5 percent of each
property's one-time payoff special tax. This rate remains unchanged from the previous fiscal year.
Summarv
The special tax rates proposed for CFD No. 1 are based on the cash flow requirements needed to fund the
remaining projects. These cash flow requirements are developed in conjunction with the most recent
growth projections for the city and the project schedules as shown in the Capital Improvement Program.
The special tax rates are adjusted annually and are expected to fluctuate over time as projects are
completed.
The table below summarizes the percentage of maximum special tax levy proposed under each property
type.
Residential Property Commercial/ Industrial Property
Current
2013-14
Proposed
2014-15
Current
2013-14
Proposed
2014-15
Vacant Land Tax None None None None
One-Time Tax 55% of max 55% of max 25% of max 25% of max
Developed Annual Tax NA NA 7.5% 7.5%
When CFD No. 1 was formed in 1991, the actual special tax rate for residential, commercial and industrial
was at 100 percent ofthe maximum special tax rate. Beginning in Fiscal Year 1998-99, the city began to
lower the residential special tax rates from 100 percent ofthe maximum. During Fiscal Year 2005-06 the
special tax rates reached a low of 30 percent ofthe maximum special tax rate. In subsequent fiscal years,
the "percentage of max" levied was slowly increased to meet funding requirements. The city began to
lower the non-residential special tax rates from 100 percent ofthe maximum in Fiscal Year 2000-01 until
achieving the rate of 30 percent of the maximum starting in FY 2005-06, and adjusting to 25 percent in FY
2011-12. The future percentage of the maximum special tax rates levied could increase or decrease
depending on future capital project funding needs, capital project timing, and/or growth projections.
FISCAL IMPACT:
Levying the special taxes on parcels within CFD No. 1 has created the necessary cash flow to finance the
construction of the 1-5 Interchanges, the Carlsbad Library on Dove Street, La Costa Boulevard, Faraday
Avenue, and other road projects. The future Maintenance and Operations Center, Veteran's Memorial Park,
and City Hall complex are also proposed to be funded by CFD No. 1.
Consistent with the prior fiscal year, vacant property will not be levied for Fiscal Year 2014-15 if the
proposed CFD special tax rates are approved.
1,
PAGE 4
The revenue generated from the one-time special tax levied at building permit issuance will be determined
by the amount of development activity that occurs. The revenue generated from a one-time special tax for
residential property, based on growth projections, is estimated to be $255,000 for Fiscal Year 2014-15. The
revenue generated from a one-time special tax for commercial or industrial property, based on growth
projections, is estimated to be $62,000 for Fiscal Year 2014-15.
An additional $1,005,000 is anticipated to be collected for Fiscal Year 2014-15 from the non-residential
developed special taxes.
The future percentage ofthe maximum special tax rates levied could increase or decrease depending on
future capital project funding needs, capital project timing, and/or growth projections.
ENVIRONMENTAL IMPACT:
The project is categorically exempt under CEQA, pursuant to Section 15301 (c).
EXHIBITS:
1. Resolution No. 2014-160 establishing the Fiscal Year 2014-15 special taxes for Community
Facilities District No. 1.
a. Attachment A - CFD No. 1 Tax Rates for Fiscal Year 2014-15
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RESOLUTION NO. 2014-160
Exhibit 1
1
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2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, ESTABLISHING THE FISCAL YEAR 2014-15 SPECIAL
4 TAXES FOR COMMUNITY FACILITIES DISTRICT NO. 1
5
g WHEREAS, the CITY COUNCIL of the CITY OF CARLSBAD, CALIFORNIA, (hereinafter
7 referred to as the "legislative body"), has initiated proceedings, held a public hearing, conducted
8 an election and received a favorable vote from the qualified electors relating to the levy of a
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j3 hereinafter be referred to as COMMUNITY FACILITIES DISTRICT NO. 1 (hereinafter referred to as
14 the "District"); and,
WHEREAS, this legislative body, by Ordinance as authorized by Section 53340 of the
" Government Code of the State of California, has authorized the levy of a special tax to pay for
costs and expenses related to said Community Facilities District, and this legislative body is
desirous to establish the specific rate of the special tax to be collected for the next Fiscal Year
2014-15.
special tax in a community facilities district, alias authorized pursuant to the terms and provisions
ofthe "Mello-Roos Community Facilities Act of 1982," being Chapter 2.5, Part 1, Division 2, Title
5 of the Government Code of the State of California. This Community Facilities District shall
21 NOW, THEREFORE, BE IT RESOLVED by the City Council ofthe City of Carlsbad, California,
as follows:
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2g Year 2014-15 to pay for the costs and expenses for the referenced District is hereby
27 determined and established as set forth in the attached, referenced and
That the above recitations are true and correct.
That the specific rate and amount ofthe special tax to be collected for Fiscal
28
Exhibit 1
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3. That the rate as set forth above does not exceed the amount as previously
authorized by Ordinance of this legislative body, and is not in excess of that as
previously approved by the qualified electors ofthe District.
1 incorporated as Attachment A.
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g 4. That the proceeds of the special tax shall be used to pay, in whole or in part,
7 the costs of the following, in the following order of priority:
8 a. Payment of principal and interest on any outstanding authorized bonded
indebtedness;
b. Necessary replenishment of bond reserve funds or other reserve funds;
c. Payment of costs and expenses of authorized public facilities and public
services;
14 d. Repayment of advances and loans, if appropriate. The proceeds of the
special taxes shall be used as set forth above, and shall not be used for any
other purpose.
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5. The annual special tax shall be collected in the same manner as ordinary ad
18
valorem property taxes are collected, and shall be subject to the same penalties and
20 same procedure and sale in cases of any delinquency for ad valorem taxes, and the
21 Tax Collector is hereby authorized to deduct reasonable administrative costs
incurred in collecting any said special tax
6. All monies above collected shall be paid into the Community Facilities
District funds, including any bond fund and reserve fund.
7. The Finance Director is hereby directed to calculate the installment of the
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27 annual special tax for each parcel within the District and provide a list of those
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Exhibit 1
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II
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II
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directed to enter in the next County assessment roll on which taxes will become
due, opposite each lot or parcel of land affected in a space marked "public
improvements, special tax" or by any other suitable designation, the installment of
the special tax.
1 special taxes to the Auditor of the County. The Auditor of the County is hereby
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7 8. The County Auditor shall then, at the close of the tax collection period,
8 promptly render to this Agency a detailed report showing the amount and/or
amounts of such special tax installments, interest, penalties and percentages so
collected and from what property collected, and also provide a statement of any
percentages retained for the expense of making any such collection.
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PASSED, APPROVED AND ADOPTED at a Regular Meeting ofthe City Council ofthe City
of Carlsbad on the 24th day of June 2014, by the following vote to wit:
AYES:
NOES:
Council Members Hall, Packard, Wood, Schumacher, Blackburn.
None.
ABSENT: None.
MATT HALL, Mayor
ATTEST:
BARBARA ENGLESON, efty Clerk
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CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2014-15
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 5
PROPERTY TYPE FORMATION OR ANNEXATION DATE
TAX RATE IMPROVEMENT AREA 1: MAY 7, 1991 FY 1993-94 FY 1994-95 FY 1995-96 FY 1996-97 FY 1997-98
RESIDENTIAL (PER DWELLING UNIT!
(55% ofthe Maximum Tax)
0-1.5 DU/ACRE $3,254.26 $3,370.67 $3,407.35 $3,407.35 $3,410.75 $3,431.09
1.51 -4.0 DU/ACRE 3,254.26 3,370.67 3,407.35 3,407.35 3,410.75 3,431.09
4.1 -8.0 DU/ACRE 2,054.01 2,127.49 2,150.64 2,150.64 2,152.79 2,165.63
8.1-15.0 DU/ACRE 2,054.01 2,127.49 2,150.64 2,150.64 2,152.79 2,165.63
15.1 -23.0 DU/ACRE 2,054.01 2,127.49 2,150.64 2,150.64 2,152.79 2,165.63
NON-RESIDENTIAL (PER SQ.FT.)
(25% ofthe Maximum Tax)
AUTO - GASOLINE $2.69 $2.79 $2.82 $2.82 $2.82 $2.84
AUTO - REPAIR & SALES 1.13 1.17 1.19 1.19 1.19 1.19
AUTO CAR WASH 2.10 2.17 2.20 2.20 2.20 2.21
BANK - WALK IN 4.26 4.42 4.46 4.46 4.47 4.49
BANK - WITH DRIVE THRU 6.00 6.22 6.28 6.28 6.29 6.33
BOWLING ALLEY 2.20 2.28 2.31 2.31 2.31 2.32
CAMPGROUND 5.82 6.03 6.09 6.09 6.10 6.13
CHURCH 0.99 1.03 1.04 1.04 1.04 1.05
COMMERCIAL SHOPS 0.96 1.00 1.01 1.01 1.01 1.02
COMMUNITY SHOPPING CENTER 1.41 1.46 1.48 1.48 1.48 1.49
CONVENIENCE MARKET 9.07 9.40 9.50 9.50 9.51 9.57
DISCOUNT STORE 1.07 1.11 1.12 1.12 1.12 1.13
GOLF COURSE 1.02 1.05 1.06 1.06 1.07 1.07
GROCERY STORE 2.58 2.68 2.71 2.71 2.71 2.73
HEALTH CLUB 0.96 0.99 1.01 1.01 1.01 1.01
HELIPORTS 3.53 3.66 3.70 3.70 3.70 3.72
HOSPITAL - CONVALESCENT 0.77 0.80 0.81 0.81 0.81 0.82
HOSPITAL - GENERAL 1.29 1.34 1.35 1.35 1.35 1.36
HOTEL - CONV. FAC/COMM. 1.15 1.19 1.21 1.21 1.21 1.22
INDOOR SPORTS ARENA 0.77 0.80 0.81 0.81 0.81 0.82
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.71 0.74 0.74 0.74 0.75 0.75
JUNIOR COLLEGE 0.73 0.75 0.76 0.76 0.76 0.77
LIBRARY 1.42 1.47 1.48 1.48 1.48 1.49
LUMBER/HARDWARE STORE 0.82 0.85 0.86 0.86 0.86 0.87
MARINA 4.93 5.11 5.17 5.17 5.17 5.20
MOTEL 0.89 0.93 0.94 0.94 0.94 0.94
NEIGHBORHOOD SHOPPING CENTER 2.15 2.22 2.25 2.25 2.25 2.26
OFFICE - COMMERCIAL (< 100,000 SF) 0.85 0.88 0.89 0.89 0.89 0.90
OFFICE - GOVERNMENT 0.97 1.01 1.02 1.02 1.02 1.03
OFFICE - HIGH RISE 0.89 0.92 0.93 0.93 0.93 0.94
OFFICE - MEDICAL 0.80 0.83 0.84 0.84 0.84 0.85
OUTDOOR TENNIS COURT 9.35 9.68 9.79 9.79 9.80 9.86
RACE TRACK 1.69 1.76 1.77 1.77 1.78 1.79
REGIONAL SHOPPING CENTER 1.11 1.15 1.17 1.17 1.17 1.17
RESORT HOTEL 0.76 0.79 0.80 0.80 0.80 0.81
RESTAURANT - FAST FOOD 9.46 9.79 9.90 9.90 9.91 9.97
RESTAURANT - QUALITY 2.18 2.26 2.29 2.29 2.29 2.30
RESTAURANT - SIT DOWN 5.04 5.22 5.28 5.28 5.28 5.31
S & L - WALK IN 1.83 1.90 1.92 1.92 1.92 1.93
S & L - WITH DRIVE THRU 2.52 2.61 2.64 2.64 2.64 2.66
UNIVERSITY 0.75 0.78 0.79 0.79 0.79 0.79
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.71 0.74 0.74 0.74 0.75 0.75
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.58 0.60 0.61 0.61 0.61 0.61
NOTES:
T/kX RATE AREA I INCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
TAX RATE AREA II EXCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
ENGINEERING NEWS RECORD INFLATION RATE WAS 4.3%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2014-15
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 6
PROPERTY TYPE FORMATION OR ANNEXATION DATE
TAX RATE IMPROVEMENT AREA 1: FY 1998-99 FY 1999-00 FY 2000-01 FY 2001-02 FY 2002-03 FY 2003-04
RESIDENTIAL (PER DWELLING UNm
(55% ofthe Maximum Tax)
0-1.5 DU/ACRE $3,451.56 $3,490.80 $3,547.46 $3,599.89 $3,635.53 $3,667.96
1.51 -4.0 DU/ACRE 3,451.56 3,490.80 3,547.46 3,599.89 3,635.53 3.667.96
4.1 - 8.0 DU/ACRE 2,178.54 2,203.31 2,239.08 2,272.17 2,294.66 2,315.13
8.1-15.0 DU/ACRE 2,178.54 2,203.31 2,239.08 2,272.17 2,294.66 2,315.13
15.1 -23.0 DU/ACRE 2,178.54 2,203.31 2,239.08 2,272.17 2,294.66 2,315.13
NON-RESIDENTIAL (PER SQ.FT)
(25% ofthe Maximum Tax)
AUTO - GASOLINE $2.86 $2.89 $2.94 $2.98 $3.01 $3.04
AUTO - REPAIR & SALES 1.20 1.22 1.24 1.25 1.27 1.28
AUTO CAR WASH 2.22 2.25 2.29 2.32 2.34 2.36
BANK-WALKIN 4.52 4.57 4.65 4.72 4.76 4.80
BANK - WITH DRIVE THRU 6.36 6.44 6.54 6.64 6.70 6.76
BOWLING ALLEY 2.34 2.36 2.40 2.44 2.46 2.48
CAMPGROUND 6.17 6.24 6.34 6.44 6.50 6.56
CHURCH 1.05 1.07 1.08 1.10 1.11 1.12
COMMERCIAL SHOPS 1.02 1.03 1.05 1.07 1.08 1.09
COMMUNITY SHOPPING CENTER 1.49 1.51 1.54 1.56 1.57 1.59
CONVENIENCE MARKET 9.62 9.73 9.89 10.04 10.14 10.23
DISCOUNT STORE 1.13 1.15 1.17 1.18 1.20 1.21
GOLF COURSE 1.08 1.09 1.11 1.12 1.14 1.15
GROCERY STORE 2.74 2.77 2.82 2.86 2.89 2.91
HEALTH CLUB 1.02 1.03 1.05 1.06 1.07 1.08
HELIPORTS 3.75 3.79 3.85 3.91 3.95 3.98
HOSPITAL - CONVALESCENT 0.82 0.83 0.84 0.86 0.86 0.87
HOSPITAL - GENERAL 1.37 1.38 1.41 1.43 1.44 1.45
HOTEL - CONV. FAC/COMM. 1.22 1.24 1.26 1.28 1.29 1.30
INDOOR SPORTS ARENA 0.82 0.83 0.84 0.86 0.86 0.87
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.75 0.76 0.78 0.79 0.79 0.80
JUNIOR COLLEGE 0.77 0.78 0.79 0.80 0.81 0.82
LIBRARY 1.50 1.52 1.54 1.57 1.58 1.60
LUMBER/HARDWARE STORE 0.87 0.88 0.89 0.91 0.92 0.93
MARINA 5.23 5.29 5.38 5.46 5.51 5.56
MOTEL 0.95 0.96 0.97 0.99 1.00 1.01
NEIGHBORHOOD SHOPPING CENTER 2.28 2.30 2.34 2.37 2.40 2.42
OFFICE - COMMERCIAL (< 100,000 SF) 0.90 0.91 0.93 0.94 0.95 0.96
OFFICE - GOVERNMENT 1.03 1.04 1.06 1.08 1.09 1.10
OFFICE - HIGH RISE 0.94 0.95 0.97 0.98 0.99 1.00
OFFICE - MEDICAL 0.85 0.86 0.88 0.89 0.90 0.91
OUTDOOR TENNIS COURT 9.92 10.03 10.19 10.34 10.45 10.54
RACE TRACK 1.80 1.82 1.85 1.87 1.89 1.91
REGIONAL SHOPPING CENTER 1.18 1.19 1.21 1.23 1.24 1.25
RESORT HOTEL 0.81 0.82 0.83 0.85 0.85 0.86
RESTAURANT - FAST FOOD 10.03 10.14 10.31 10.46 10.56 10.66
RESTAURANT - QUALITY 2.32 2.34 2.38 2.41 2.44 2.46
RESTAURANT - SIT DOWN 5.35 5.41 5.49 5.58 5.63 5.68
S & L - WALK IN 1.94 1.96 2.00 2.03 2.05 2.06
S & L - WITH DRIVE THRU 2.67 2.71 2.75 2.79 2.82 2.84
UNIVERSITY 0.80 0.81 0.82 0.83 0.84 0.85
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.75 0.76 0.78 0.79 0.79 0.80
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.61 0.62 0.63 0.64 0.65 0.65
NOTES:
TAX RATE AREA I INCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO.1.
TAX RATE AREA II EXCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
ENGINEERING NEWS RECORD INFLATION RATE WAS 4.3%.
ACTUAL TAX RATES CALCULATEDTO FOUR DECIMAL PLACES.
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2014-15
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 7
PROPERTY TYPE FORMATION OR ANNEXATION DATE
TAX RATE IMPROVEMENT AREA 1: FY 2004-05 FY 2005-06 FY 2006-07 FY 2007-08 FY 2008-09 FY 2009-10
RESIDENTIAL (PER DWELLING UNIT)
(55% ofthe Maximum Tax)
0-1.5 DU/ACRE $3,720.38 $3,834.00 $3,899.94 $3,970.78 $4,042.90 $4,168.26
1.51 -4.0 DU/ACRE 3,720.38 3,834.00 3,899.94 3,970.78 4,042.90 4,168.26
4.1 -8.0 DU/ACRE 2,348.22 2,419.93 2,461.55 2,506.26 2,551.79 2,630.91
8.1 -15.0 DU/ACRE 2,348.22 2,419.93 2,461.55 2,506.26 2,551.79 2,630.91
15.1 -23.0 DU/ACRE 2,348.22 2,419.93 2,461.55 2,506.26 2,551.79 2,630.91
NON-RESIDENTIAL (PER SQ.FT)
(25% ofthe Maximum Tax)
AUTO - GASOLINE $3.08 $3.17 $3.23 $3.29 $3.35 $3.45
AUTO - REPAIR & SALES 1.30 1.33 1.36 1.38 1.41 1.45
AUTO CAR WASH 2.40 2.47 2.51 2.56 2.60 2.69
BANK - WALK IN 4.87 5.02 5.11 5.20 5.30 5.46
BANK - WITH DRIVE THRU 6.86 7.07 7.19 7.32 7.45 7.69
BOWLING ALLEY 2.52 2.60 2.64 2.69 2.74 2.82
CAMPGROUND 6.65 6.85 6.97 7.10 7.23 7.45
CHURCH 1.14 1.17 1.19 1.21 1.23 1.27
COMMERCIAL SHOPS 1.10 1.14 1.15 1.18 1.20 1.23
COMMUNITY SHOPPING CENTER 1.61 1.66 1.69 1.72 1.75 1.80
CONVENIENCE MARKET 10.37 10.69 10.87 11.07 11.27 11.62
DISCOUNT STORE 1.22 1.26 1.28 1.31 1.33 1.37
GOLF COURSE 1.16 1.20 1.22 1.24 1.26 1.30
GROCERY STORE 2.96 3.05 3.10 3.15 3.21 3.31
HEALTH CLUB 1.10 1.13 1.15 1.17 1.19 1.23
HELIPORTS 4.04 4.16 4.23 4.31 4.39 4.52
HOSPITAL - CONVALESCENT 0.89 0.91 0.93 0.94 0.96 0.99
HOSPITAL - GENERAL 1.47 1.52 1.54 1.57 1.60 1.65
HOTEL - CONV. FAC/COMM. 1.32 1.36 1.38 1.41 1.43 1.48
INDOOR SPORTS ARENA 0.89 0.91 0.93 0.94 0.96 0.99
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.81 0.84 0.85 0.87 0.88 0.91
JUNIOR COLLEGE 0.83 0.86 0.87 0.89 0.90 0.93
LIBRARY 1.62 1.67 1.70 1.73 1.76 1.81
LUMBER/HARDWARE STORE 0.94 0.97 0.98 1.00 1.02 1.05
MARINA 5.64 5.81 5.91 6.02 6.13 6.32
MOTEL 1.02 1.05 1.07 1.09 1.11 1.14
NEIGHBORHOOD SHOPPING CENTER 2.45 2.53 2.57 2.62 2.67 2.75
OFFICE - COMMERCIAL (< 100,000 SF) 0.97 1.00 1.02 1.04 1.06 1.09
OFFICE - GOVERNMENT 1.11 1.15 1.17 1.19 1.21 1.25
OFFICE - HIGH RISE 1.01 1.05 1.06 1.08 1.10 1.14
OFFICE - MEDICAL 0.92 0.95 0.96 0.98 1.00 1.03
OUTDOOR TENNIS COURT 10.69 11.02 11.20 11.41 11.62 11.98
RACE TRACK 1.94 2.00 2.03 2.07 2.11 2.17
REGIONAL SHOPPING CENTER 1.27 1.31 1.33 1.36 1.38 1.43
RESORT HOTEL 0.87 0.90 0.92 0.93 0.95 0.98
RESTAURANT - FAST FOOD 10.81 11.14 11.33 11.54 11.75 12.11
RESTAURANT - QUALITY 2.50 2.57 2.62 2.66 2.71 2.80
RESTAURANT - SIT DOWN 5.76 5.94 6.04 6.15 6.26 6.46
S & L - WALK IN 2.09 2.16 2.19 2.23 2.27 2.34
S & L - WITH DRIVE THRU 2.88 2.97 3.02 3.08 3.13 3.23
UNIVERSITY 0.86 0.88 0.90 0.92 0.93 0.96
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.81 0.84 0.85 0.87 0.88 0.91
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.66 0.68 0.69 0.71 0.72 0.74
NOTES:
TAX RATE AREA I INCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
TAX RATE AREA II EXCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
ENGINEERING NEWS RECORD INFLATION RATE WAS 4.3%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2014-15
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 8
PROPERTY TYPE FORMATION OR ANNEXATION DATE
TAX RATE IMPROVEMENT AREA 1: FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15
RESIDENTIAL (PER DWELLING UNIT)
(55% ofthe Maximum Tax)
0-1.5 DU/ACRE $4,104.79 $4,161.46 $4,210.81 $4,210.81 $4,299.43
1.51 -4.0 DU/ACRE 4,104.79 4,161.46 4,210.81 4,210.81 4,299.43
4.1 - 8.0 DU/ACRE 2,590.85 2,626.62 2,657.76 2,657.76 2,713.70
8.1 -15.0 DU/ACRE 2,590.85 2,626.62 2,657.76 2,657.76 2,713.70
15.1 -23.0 DU/ACRE 2,590.85 2,626.62 2,657.76 2,657.76 2,713.70
NON-RESIDENTIAL (PER SQ.FT.)
(25% ofthe Maximum Tax)
AUTO - GASOLINE $3.40 $3.45 $3.49 $3.49 $3.56
AUTO - REPAIR & SALES 1.43 1.45 1.47 1.47 1.50
AUTO CAR WASH 2.64 2.68 2.71 2.71 2.77
BANK - WALK IN 5.38 5.45 5.52 5.52 5.63
BANK - WITH DRIVE THRU 7.57 7.67 7.76 7.76 7.93
BOWLING ALLEY 2.78 2.82 2.85 2.85 2.91
CAMPGROUND 7.34 7.44 7.53 7.53 7.69
CHURCH 1.25 1.27 1.29 1.29 1.31
COMMERCIAL SHOPS 1.22 1.23 1.25 1.25 1.27
COMMUNITY SHOPPING CENTER 1.78 1.80 1.82 1.82 1.86
CONVENIENCE MARKET 11.45 11.60 11.74 11.74 11.99
DISCOUNT STORE 1.35 1.37 1.38 1.38 1.41
GOLF COURSE 1.28 1.30 1.32 1.32 1.34
GROCERY STORE 3.26 3.31 3.34 3.34 3.42
HEALTH CLUB 1.21 1.23 1.24 1.24 1.27
HELIPORTS 4.45 4.52 4.57 4.57 4.67
HOSPITAL - CONVALESCENT 0.98 0.99 1.00 1.00 1.02
HOSPITAL - GENERAL 1.63 1.65 1.67 1.67 1.70
HOTEL - CONV. FAC/COMM. 1.45 1.47 1.49 1.49 1.52
INDOOR SPORTS ARENA 0.98 0.99 1.00 1.00 1.02
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.90 0.91 0.92 0.92 0.94
JUNIOR COLLEGE 0.92 0.93 0.94 0.94 0.96
LIBRARY 1.79 1.81 1.83 1.83 1.87
LUMBER/HARDWARE STORE 1.04 1.05 1.06 1.06 1.08
MARINA 6.22 6.31 6.38 6.38 6.52
MOTEL 1.13 1.14 1.16 1.16 1.18
NEIGHBORHOOD SHOPPING CENTER 2.71 2.74 2.78 2.78 2.84
OFFICE - COMMERCIAL {< 100,000 SF) 1.07 1.09 1.10 1.10 1.12
OFFICE - GOVERNMENT 1.23 1.24 1.26 1.26 1.29
OFFICE - HIGH RISE 1.12 1.13 1.15 1.15 1.17
OFFICE - MEDICAL 1.01 1.03 1.04 1.04 1.06
OUTDOOR TENNIS COURT 11.79 11.96 12.10 12.10 12.35
RACE TRACK 2.14 2.17 2.19 2.19 2.24
REGIONAL SHOPPING CENTER 1.40 1.42 1.44 1.44 1.47
RESORT HOTEL 0.96 0.98 0.99 0.99 1.01
RESTAURANT - FAST FOOD 11.93 12.09 12.24 12.24 12.49
RESTAURANT - QUALITY 2.75 2.79 2.82 2.82 2.88
RESTAURANT - SIT DOWN 6.36 6.45 6.52 6.52 6.66
S & L - WALK IN 2.31 2.34 2.37 2.37 2.42
S & L - WITH DRIVE THRU 3.18 3.22 3.26 3.26 3.33
UNIVERSITY 0.95 0.96 0.97 0.97 0.99
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.90 0.91 0.92 0.92 0.94
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.73 0.74 0.75 0.75 0.76
NOTES:
TAX RATE AREA I INCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
TAX RATE AREA II EXCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
ENGINEERING NEWS RECORD INFLATION RATE WAS 4.3%.
ACTUAL TM RATES CALCULATED TO FOUR DECIMAL PLACES.
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2014-15
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENTA
Page 9
PROPERTY TYPE FORMATION OR ANNEXATION DATE
TAX RATE IMPROVEMENT AREA II: MAY 7,1991 FY 1993-94 FY 1994-95 FY 1995-96 FY 1996-97 FY 1997-98
RESIDENTIAL (PER DWELLING UNIT)
(55% of the Maximum Tax)
0-1.5 DU/ACRE $2,803.26 $2,903.53 $2,935.13 $2,935.13 $2,938.06 $2,955.58
1.51 - 4.0 DU/ACRE 2,803.26 2,903.53 2,935.13 2,935.13 2,938.06 2,955.58
4.1 -8.0 DU/ACRE 1,689.99 1,750.45 1,769.49 1,769.49 1,771.26 1,781.83
8.1 -15.0 DU/ACRE 1,689.99 1,750.45 1,769.49 1,769.49 1,771.26 1,781.83
15.1 -23.0 DU/ACRE 1,689.99 1,750.45 1,769.49 1,769.49 1,771.26 1,781.83
NON-RESIDENTIAL (PER SQ.FT.)
(25% of the Maximum Tax)
AUTO - GASOLINE $0.96 $0.99 $1.01 $1.01 $1.01 $1.01
AUTO - REPAIR & SALES 0.52 0.54 0.55 0.55 0.55 0.55
AUTO CAR WASH 0.84 0.87 0.88 0.88 0.88 0.88
BANK - WALK IN 1.53 1.58 1.60 1.60 1.60 1.61
BANK - WITH DRIVE THRU 1.90 1.97 1.99 1.99 1.99 2.00
BOWLING ALLEY 0.94 0.97 0.98 0.98 0.99 0.99
CAMPGROUND 1.66 1.72 1.74 1.74 1.74 1.75
CHURCH 0.84 0.67 0.67 0.67 0.68 0.68
COMMERCIAL SHOPS 0.52 0.54 0.55 0.55 0.55 0.55
COMMUNITY SHOPPING CENTER 0.60 0.62 0.63 0.63 0.63 0.63
CONVENIENCE MARKET 2.24 2.32 2.34 2.34 2.35 2.36
DISCOUNT STORE 0.52 0.54 0.55 0.55 0.55 0.55
GOLF COURSE 0.71 0.74 0.74 0.74 0.75 0.75
GROCERY STORE 0.85 0.88 0.89 0.89 0.89 0.90
HEALTH CLUB 0.61 0.64 0.64 0.64 0.64 0.65
HELIPORTS 1.22 1.26 1.28 1.28 1.28 1.29
HOSPITAL - CONVALESCENT 0.74 0.77 0.78 0.78 0.78 0.78
HOSPITAL - GENERAL 1.06 1.09 1.11 1.11 1.11 1.11
HOTEL - CONV. FAC/COMM. 0.84 0.87 0.88 0.88 0.88 0.88
INDOOR SPORTS ARENA 0.74 0.77 0.78 0.78 0.78 0.78
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.50 0.52 0.53 0.53 0.53 0.53
JUNIOR COLLEGE 0.63 0.65 0.66 0.66 0.66 0.67
LIBRARY 0.95 0.98 0.99 0.99 1.00 1.00
LUMBER/HARDWARE STORE 0.52 0.54 0.55 0.55 0.55 0.55
MARINA 1.47 1.52 1.53 1.53 1.54 1.54
MOTEL 0.68 0.71 0.72 0.72 0.72 0.72
NEIGHBORHOOD SHOPPING CENTER 0.75 0.78 0.79 0.79 0.79 0.80
OFFICE - COMMERCIAL (< 100,000 SF) 0.58 0.60 0.61 0.61 0.61 0.61
OFFICE - GOVERNMENT 0.62 0.65 0,65 0.65 0.65 0.66
OFFICE - HIGH RISE 0.61 0.63 0.64 0.64 0.64 0.64
OFFICE - MEDICAL 0.69 0.71 0.72 0.72 0.72 0.73
OUTDOOR TENNIS COURT 2.41 2.50 2.53 2.53 2.53 2.54
RACE TRACK 0.77 0.80 0.81 0.81 0.81 0.82
REGIONAL SHOPPING CENTER 0.53 0.55 0.56 0.56 0.56 0.56
RESORT HOTEL 0.66 0.68 0.69 0.69 0.69 0.69
RESTAURANT - FAST FOOD 2.52 2.61 2.64 2.64 2.64 2.66
RESTAURANT - QUALITY 1.03 1.06 1.07 1.07 1.08 1.08
RESTAURANT - SIT DOWN 1.57 1.63 1.65 1.65 1.65 1.66
S & L - WALK IN 1.01 1.04 1.05 1.05 1.06 1.06
S & L - WITH DRIVE THRU 1.16 1.20 1.21 1.21 1.21 1.22
UNIVERSITY 0.63 0.66 0.66 0.66 0.67 0.67
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.48 0.50 0.50 0.50 0.50 0.50
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.47 0.49 0.49 0.49 0.49 0.50
NOTES:
T/VX RATE AREA I INCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
TAX RATE AREA II EXCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
ENGINEERING NEWS RECORD INFLATION RATE WAS 4.3%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2014-15
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 10
PROPERTY TYPE FORMATION OR ANNEXATION DATE
TAX RATE IMPROVEMENT AREA II: FY 1998-99 FY 1999-00 FY 2000-01 FY 2001-02 FY 2002-03 FY 2003-04
RESIDENTIAL (PER DWELLING UNIT)
C55% ofthe Maximum Tax)
0-1.5 DU/ACRE $2,973.21 $3,007.01 $3,055.82 $3,100.98 $3,131.68 $3,159.62
1.51-4.0 DU/ACRE 2,973.21 3,007.01 3,055.82 3,100.98 3,131.68 3,159.62
4.1 - 8.0 DU/ACRE 1,792.45 1,812.83 1,842.26 1,869.48 1,887.99 1,904.83
8.1 -15.0 DU/ACRE 1,792.45 1,812.83 1,842.26 1,869.48 1,887.99 1,904.83
15.1-23.0 DU/ACRE 1,792.45 1,812.83 1,842.26 1,869.48 1,887.99 1,904.83
NON-RESIDENTIAL (PER SQ.FT.)
(25% ofthe Maximum Tax)
AUTO - GASOLINE $1.02 $1.03 $1.05 $1.06 $1.07 $1.08
AUTO - REPAIR & SALES 0.56 0.56 0.57 0.58 0.59 0.59
AUTO CAR WASH 0.89 0.90 0.91 0.93 0.94 0.94
BANK - WALK IN 1.62 1.64 1.67 1.69 1.71 1.72
BANK - WITH DRIVE THRU 2.02 2.04 2.07 2.10 2.12 2.14
BOWLING ALLEY 1.00 1.01 1.03 1.04 1.05 1.06
CAMPGROUND 1.76 1.78 1.81 1.83 1.85 1.87
CHURCH 0.68 0.69 0.70 0.71 0.72 0.73
COMMERCIAL SHOPS 0.56 0.56 0.57 0.58 0.59 0.59
COMMUNITY SHOPPING CENTER 0.63 0.64 0.65 0.66 0.67 0.67
CONVENIENCE MARKET 2.38 2.40 2.44 2.48 2.50 2.52
DISCOUNT STORE 0.56 0.56 0.57 0.58 0.59 0.59
GOLF COURSE 0.75 0.76 0.78 0.79 0.79 0.80
GROCERY STORE 0.90 0.91 0.93 0.94 0.95 0.96
HEALTH CLUB 0.65 0.66 0.67 0.68 0.69 0.69
HELIPORTS 1.29 1.31 1.33 1.35 1.36 1.37
HOSPITAL - CONVALESCENT 0.79 0.79 0.81 0.82 0.83 0.84
HOSPITAL - GENERAL 1.12 1.13 1.15 1.17 1.18 1.19
HOTEL - CONV. FAC/COMM. 0.89 0.90 0.91 0.93 0.94 0.94
INDOOR SPORTS ARENA 0.79 0.79 0.81 0.82 0.83 0.84
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.53 0.54 0.55 0.55 0.56 0.57
JUNIOR COLLEGE 0.67 0.68 0.69 0.70 0.71 0.71
LIBRARY 1.01 1.02 1.04 1.05 1.06 1.07
LUMBER/HARDWARE STORE 0.56 0.56 0.57 0.58 0.59 0.59
MARINA 1.55 1.57 1.60 1.62 1.64 1.65
MOTEL 0.73 0.73 0.75 0.76 0.76 0.77
NEIGHBORHOOD SHOPPING CENTER 0.80 0.81 0.82 0.83 0.84 0.85
OFFICE - COMMERCIAL (< 100,000 SF) 0.62 0.62 0.63 0.64 0.65 0.66
OFFICE - GOVERNMENT 0.66 0.67 0.68 0.69 0.70 0.70
OFFICE - HIGH RISE 0.65 0.66 0.67 0.68 0.68 0.69
OFFICE - MEDICAL 0.73 0.74 0.75 0.76 0.77 0.78
OUTDOOR TENNIS COURT 2.56 2.59 2.63 2.67 2.69 2.72
RACE TRACK 0.82 0.83 0.84 0.86 0.86 0.87
REGIONAL SHOPPING CENTER 0.57 0.57 0.58 0.59 0.60 0.60
RESORT HOTEL 0.70 0.71 0.72 0.73 0.73 0.74
RESTAURANT - FAST FOOD 2.67 2.70 2.75 2.79 2.81 2.84
RESTAURANT - QUALITY 1.09 1.10 1.12 1.14 1.15 1.16
RESTAURANT - SIT DOWN 1.67 1.69 1.71 1.74 1.76 1.77
S & L - WALK IN 1.07 1.08 1.10 1.11 1.12 1.13
S & L - WITH DRIVE THRU 1.23 1.24 1.26 1.28 1.29 1.30
UNIVERSITY 0.67 0.68 0.69 0.70 0.71 0.72
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.51 0.51 0.52 0.53 0.53 0.54
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.50 0.51 0.51 0.52 0.53 0.53
NOTES:
TAX RATE AREA I INCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
TAX RATE AREA II EXCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
ENGINEERING NEWS RECORD INFLATION RATE WAS 4.3%.
ACTUAL T/W RATES CALCULATED TO FOUR DECIMAL PLACES.
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2014-15
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENTA
Page 11
PROPERTY TYPE FORMATION OR ANNEXATION DATE
TAX RATE IMPROVEMENT AREA II: FY 2004-05 FY 2005-06 FY 2006-07 FY 2007-08 FY 2008-09 FY 2009-10
RESIDENTIAL (PER DWELLING UNIT)
(55% ofthe Maximum Tax)
0-1.5 DU/ACRE $3,204.78 $3,302.65 $3,359.45 $3,420.47 $3,482.60 $3,590.59
1.51 - 4.0 DU/ACRE 3,204.78 3,302.65 3,359.45 3,420.47 3,482.60 3,590.59
4.1-8.0 DU/ACRE 1,932.06 1,991.06 2,025.30 2,062.09 2,099.55 2,164.65
8.1 -15.0 DU/ACRE 1,932.06 1,991.06 2,025.30 2,062.09 2,099.55 2,164.65
15.1-23.0 DU/ACRE 1,932.06 1,991.06 2,025.30 2,062.09 2,099.55 2,164.65
NON-RESIDENTIAL (PER SQ.FT.)
(25% ofthe Maximum Tax)
AUTO - GASOLINE $1.10 $1.13 $1.15 $1.17 $1.19 $1.23
AUTO - REPAIR & SALES 0.60 0.62 0.63 0.64 0.65 0.67
AUTO CAR WASH 0.96 0.99 1.00 1.02 1.04 1.07
BANK - WALK IN 1.75 1.80 1.83 1.86 1.90 1.96
BANK - WITH DRIVE THRU 2.17 2.24 2.28 2.32 2.36 2.43
BOWLING ALLEY 1.07 1.11 1.13 1.15 1.17 1.20
CAMPGROUND 1.90 1.95 1.99 2.02 2.06 2.12
CHURCH 0.74 0.76 0.77 0.79 0.80 0.83
COMMERCIAL SHOPS 0.60 0.62 0.63 0.64 0.65 0.67
COMMUNITY SHOPPING CENTER 0.68 0.70 0.72 0.73 0.74 0.77
CONVENIENCE MARKET 2.56 2.64 2.68 2.73 2.78 2.87
DISCOUNT STORE 0.60 0.62 0.63 0.64 0.65 0.67
GOLF COURSE 0.81 0.84 0.85 0.87 0.88 0.91
GROCERY STORE 0.97 1.00 1.02 1.04 1.06 1.09
HEALTH CLUB 0.70 0.72 0.74 0.75 0.76 0.79
HELIPORTS 1.39 1.44 1.46 1.49 1.51 1.56
HOSPITAL - CONVALESCENT 0.85 0.87 0.89 0.90 0.92 0.95
HOSPITAL - GENERAL 1.21 1.24 1.27 1.29 1.31 1.35
HOTEL - CONV. FAC/COMM. 0.96 0.99 1.00 1.02 1.04 1.07
INDOOR SPORTS ARENA 0.85 0.87 0.89 0.90 0.92 0.95
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.57 0.59 0.60 0.61 0.62 0.64
JUNIOR COLLEGE 0.72 0.74 0.76 0.77 0.78 0.81
LIBRARY 1.09 1.12 1.14 1.16 1.18 1.22
LUMBER/HARDWARE STORE 0.60 0.62 0.63 0.64 0.65 0.67
MARINA 1.68 1.73 1.76 1.79 1.82 1.88
MOTEL 0.78 0.81 0.82 0.84 0.85 0.88
NEIGHBORHOOD SHOPPING CENTER 0.86 0.89 0.90 0.92 0.94 0.97
OFFICE - COMMERCIAL (< 100,000 SF) 0.66 0.69 0.70 0.71 0.72 0.74
OFFICE - GOVERNMENT 0.71 0.74 0.75 0.76 0.78 0.80
OFFICE - HIGH RISE 0.70 0.72 0.73 0.75 0.76 0.78
OFFICE - MEDICAL 0.79 0.81 0.82 0.84 0.85 0.88
OUTDOOR TENNIS COURT 2.76 2.84 2.89 2.94 3.00 3.09
RACE TRACK 0.89 0.91 0.93 0.94 0.96 0.99
REGIONAL SHOPPING CENTER 0.61 0.63 0.64 0.65 0.66 0.69
RESORT HOTEL 0.75 0.78 0.79 0.80 0.82 0.84
RESTAURANT - FAST FOOD 2.88 2.97 3.02 3.07 3.13 3.23
RESTAURANT - QUALITY 1.17 1.21 1.23 1.25 1.28 1.32
RESTAURANT - SIT DOWN 1.80 1.85 1.88 1.92 1.95 2.01
S & L - WALK IN 1.15 1.19 1.21 1.23 1.25 1.29
S & L - WITH DRIVE THRU 1.32 1.36 1.39 1.41 1.44 1.48
UNIVERSITY 0.73 0.75 0.76 0.77 0.79 0.81
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.55 0.56 0.57 0.58 0.59 0.61
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.54 0.56 0.57 0.58 0.59 0.60
NOTES:
TAX RATE AREA I INCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
TAX. RATE AREA II EXCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
ENGINEERING NEWS RECORD INFLATION RATE WAS 4.3%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2014-15
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENTA
Page 12
PROPERTY TYPE FORMATION OR ANNEXATION DATE
TAX RATE IMPROVEMENT AREA II: FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15
RESIDENTIAL (PER DWELLING UNIT)
(55% ofthe Maximum Tax)
0-1.5 DU/ACRE $3,535.91 $3,584.73 $3,627.23 $3,627.23 $3,703.58
1.51-4.0 DU/ACRE 3,535.91 3,584.73 3,627.23 3,627.23 3,703.58
4.1 - 8.0 DU/ACRE 2,131.69 2,161.12 2,186.74 2,186.74 2,232.77
8.1-15.0 DU/ACRE 2,131.69 2,161.12 2,186.74 2,186.74 2,232.77
15.1-23.0 DU/ACRE 2,131.69 2,161.12 2,186.74 2,186.74 2,232.77
NON-RESIDENTIAL (PER SQ.FT.)
(25% ofthe Maximum Tax)
AUTO - GASOLINE $1.21 $1.23 $1.24 $1.24 $1.27
AUTO-REPAIR & SALES 0.66 0.67 0.68 0.68 0.69
AUTO CAR WASH 1.06 1.07 1.08 1.08 1.11
BANK - WALK IN 1.93 1.95 1.98 1.98 2.02
BANK - WITH DRIVE THRU 2.40 2.43 2.46 2.46 2.51
BOWLING ALLEY 1.19 1.20 1.22 1.22 1.24
CAMPGROUND 2.09 2.12 2.15 2.15 2.19
CHURCH 0.81 0.82 0.83 0.83 0.85
COMMERCIAL SHOPS 0.66 0.67 0.68 0.68 0.69
COMMUNITY SHOPPING CENTER 0.75 0.76 0.77 0.77 0.79
CONVENIENCE MARKET 2.82 2.86 2.90 2.90 2.96
DISCOUNT STORE 0.66 0.67 0.68 0.68 0.69
GOLF COURSE 0.90 0.91 0.92 0.92 0.94
GROCERY STORE 1.07 1.09 1.10 1.10 1.12
HEALTH CLUB 0.78 0.79 0.80 0.80 0.81
HELIPORTS 1.54 1.56 1.58 1.58 1.61
HOSPITAL - CONVALESCENT 0.93 0.95 0.96 0.96 0.98
HOSPITAL - GENERAL 1.33 1.35 1.37 1.37 1.40
HOTEL - CONV. FAC/COMM. 1.06 1.07 1.08 1.08 1.11
INDOOR SPORTS ARENA 0.93 0.95 0.96 0.96 0.98
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.63 0.64 0.65 0.65 0.66
JUNIOR COLLEGE 0.80 0.81 0.82 0.82 0.83
LIBRARY 1.20 1.22 1.23 1.23 1.26
LUMBER/HARDWARE STORE 0.66 0.67 0.68 0.68 0.69
MARINA 1.85 1.87 1.90 1.90 1.94
MOTEL 0.86 0.88 0.89 0.89 0.90
NEIGHBORHOOD SHOPPING CENTER 0.95 0.96 0.98 0.98 1.00
OFFICE - COMMERCIAL (< 100,000 SF) 0.73 0.74 0.75 0.75 0.77
OFFICE - GOVERNMENT 0.79 0.80 0.81 0.81 0.83
OFFICE-HIGH RISE 0.77 0.78 0.79 0.79 0.81
OFFICE - MEDICAL 0.87 0.88 0.89 0.89 0.91
OUTDOOR TENNIS COURT 3.04 3.08 3.12 3.12 3.19
RACE TRACK 0.98 0.99 1.00 1.00 1.02
REGIONAL SHOPPING CENTER 0.67 0.68 0.69 0.69 0.71
RESORT HOTEL 0.83 0.84 0.85 0.85 0.87
RESTAURANT - FAST FOOD 3.18 3.22 3.26 3.26 3.33
RESTAURANT - QUALITY 1.30 1.31 1.33 1.33 1.36
RESTAURANT - SIT DOWN 1.98 2.01 2.03 2.03 2.08
S & L - WALK IN 1.27 1.29 1.30 1.30 1.33
S & L - WITH DRIVE THRU 1.46 1.48 1.50 1.50 1.53
UNIVERSITY 0.80 0.81 0.82 0.82 0.84
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.60 0.61 0.62 0.62 0.63
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.60 0.60 0.61 0.61 0.62
NOTES:
TAX RATE AREA I INCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
T/\X RATE AREA II EXCLUDES PROPERTY WITHIN BRIDGE AND THOROUGHFARE DISTRICT NO. 1.
ENGINEERING NEWS RECORD INFLATION RATE WAS 4.3%.
ACTUAL TAX FtATES CALCULATED TO FOUR DECIMAL PLACES.