HomeMy WebLinkAbout2020-06-09; City Council; ; Establish Fiscal Year 2020-21 Special Taxes for Community Facilities District No. 1CA Review CKM
Meeting Date: June 9, 2020
To: Mayor and City Council
From: Scott Chadwick, City Manager
Staff Contact: Ryan Green, Assistant Finance Director
ryan.green@carlsbadca.gov, 760‐602‐2414
Subject: Establish Fiscal Year 2020‐21 Special Taxes for Community Facilities
District No. 1
Recommended Action
Adopt a resolution establishing the fiscal year 2020‐21 special taxes for Community Facilities
District No. 1.
Executive Summary
Community Facilities District No. 1 was formed in 1991 to provide a variety of infrastructure
projects needed to meet growth management requirements. The future Civic Center, Orion
Center and Veterans Memorial Park are some examples of future infrastructure projects
Community Facilities District No. 1 will fund. Each year the maximum special tax rates and
actual special tax rates are adjusted and authorized by the City Council.
Staff is recommending the City Council approve the proposed maximum special tax rates for
fiscal year 2020‐21 for property within District No. 1, which reflect a decrease of 0.2%, and to
approve the proposed actual special tax rates of 70% of the maximum for residential
development and 10.02% for nonresidential development.
Discussion
Background
In 1982, the California Legislature responded to the need for a high‐quality method of financing
public improvements by approving the Mello‐Roos Community Facilities Act. 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.
Under City Council Policy No. 33, community facilities district financing is not intended to relieve
any developer of the responsibility to provide funding for infrastructure improvements related
to a single development. If the community facilities district has been formed to finance the
construction of public infrastructure, City 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 City Council Policy
No. 33 ensures the obligation on a residential unit is paid in full when the building permit is
issued, community facilities district financing does not affect homeowners in Carlsbad, so a
Carlsbad homeowner will not pay city‐imposed Mello‐Roos taxes. However, under City Council
June 9, 2020 Item #3 Page 1 of 26
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 25‐year period.
The city and property owners of specific vacant parcels in Carlsbad worked together to form
Community Facilities District No. 1. The City Council held a public hearing, an election and
subsequently formed the district on May 7, 1991. The initial boundaries included zones with
property currently in the development process and provided for annexation into the
community facilities district of property with future development potential. The community
facilities district specifically excluded zones 1, 2, 3, 4 and 6 as they were identified as “in‐fill”
projects only. A current map of the boundaries of the community facilities district can be found
in Exhibit 4. At formation, the idea was that entire zones would annex at one time. This did not
happen as projects are annexed at first discretionary approval, excluding a master plan or
specific plan.
The community facilities district was intended to establish a funding mechanism that would
allow growth management standards to be met. Certain key infrastructure projects were taken
out of existing fee programs – specifically, the Bridge and Thoroughfare District No. 1 and public
facilities fees and traffic impact fees – and moved into District No. 1, as detailed below. These
projects were or are now partially paid for through the levy of taxes from property within the
district and partially funded from the existing fees from properties outside the district.
Community Facilities District No. 1 cannot be used to pay for any other projects.
Where the money goes
Through debt financing or available cash balances, the district has funded or will fund the
capital projects at the following sites:
Civic facilities
Carlsbad City Library on Dove Lane – complete
Cole Library
Orion Center (Public Works Yard)
Civic Center (City Hall)
Veterans Memorial Park
Interstate 5 interchanges
Palomar Airport Road – complete
La Costa Avenue – complete
Poinsettia Lane – complete
Road segments
La Costa Avenue – complete
Olivenhain Road – complete
Cannon Road – complete
Faraday Avenue – complete
June 9, 2020 Item #3 Page 2 of 26
How the tax is structured
The special tax rates for the district are based on the benefits that properties would derive from
the projects to be funded. When the district was formed, it was determined that the
proportional benefit from the improvements within the community facilities district, both
initially and including annexations expected later, based on zoning and land use projections,
was at the ratio of approximately 65% for residential projects and 35% for non‐residential
projects. This relationship and resulting funding requirements were used to establish the initial
special tax rates. The community facilities district revenues and expenditures have been
accounted for separately using the 65%/35% ratio between residential and non‐residential.
Review by legal counsel determined this ratio cannot be changed without complying with the
requirements of the Mello‐Roos Community Facilities Act, including the majority protest and
voter approval requirements. Under City Council Policy No. 33, the community facilities district
tax cannot be cannot be levied onto the eventual purchasers of properties developed with a
residential use. Instead the tax must be paid off when the building permit is issued. The tax on
non‐residential developments may be paid off at the time a building permit is issued or, if the
property owner prefers, over a 25‐year period.
In June 1991, the City Council adopted an ordinance establishing the special tax formula and
maximum rates for the district. The maximum special tax rate for property within the
community facilities district is adjusted each year by one‐half of the annual change in the Los
Angeles inflationary factor in the Engineering News‐Record Cost Indexes by City.1 The maximum
special tax rate for property not yet included within Community Facilities District No. 1 is
adjusted by the full percentage change in that index until the fiscal year of annexation. Although
the ordinance established a ceiling for future special tax rates, it did not establish the actual
special tax rates placed on each applicable parcel. Each fiscal year, the city establishes the
actual special tax rates based on the funding needs of future years within the constraint of the
maximum special tax rate.
The actual special rates recommended for fiscal year 2020‐21 are presented in Attachment A to
Exhibit 1. That attachment also shows the maximum and actual special tax rate schedules for
properties included within Community Facilities District No. 1 when the district was formed and
for properties annexed later. The April 2020 Engineering News‐Record index reflects an annual
percentage change in the construction cost of negative 0.4%. The maximum special tax rates
reflect a decrease of one‐half of the ENR index or 0.2%, as described above.
Tax on vacant properties
Sufficient revenues will be collected from the developed residential category to pay for the
capital projects in the community facilities district plans. Consistent with last fiscal year, staff
recommends that the special tax not be levied on vacant property planned for future residential
development in the upcoming fiscal year. The City Council has not levied this tax since 2002.
Sufficient revenues will also be collected from the developed non‐residential category to pay for
the capital projects in the community facilities district plans. As such, and consistent with last
1 Engineering News‐Record is a publication that covers engineering and construction news. It’s Construction Cost
Index and Building Cost index are widely used in the construction industry.
June 9, 2020 Item #3 Page 3 of 26
fiscal year, staff recommends that vacant property planned for future non‐residential
development is not levied in the upcoming fiscal year. City Council has not levied this tax since
2003.
Tax on residential properties
This tax is paid by the property owner when a building permit is issued. It is based on the
density of the project and the number of units for residential properties.
As shown in Attachment A of Exhibit 1, there is a recommended change to the percent of the
maximum one‐time special tax levied at the time a residential building permit is issued. The
percent of the maximum one‐time special tax levied at issuance is recommended to increase
from 65% of the maximum special tax for fy 2019‐20 to 70% of the maximum special tax for fy
2020‐21. This change is needed to pay for project costs and maintain the allocation of project
costs between the residential and non‐residential categories of special tax. In keeping with the
rate and method of apportionment, 65% of capital costs are allocated to residential properties
and 35% to non‐residential properties.
Under this recommendation, examples of the one‐time residential rates in one of the two areas
in the district, Improvement Area No. 1, for properties with a density up to 4.0 dwelling units
per acre are estimated to be:
At the current 2019‐20 rate = $4,086 to $5,731 per dwelling unit
At 70 percent of the maximum rate for 2020‐21 = $4,392 to $6,159 per dwelling unit
(The amounts vary depending on the date the property was annexed into the district. See
Attachment A to Exhibit 1 for more information.)
Tax on non‐residential properties
As reflected in Attachment A, the percent of the maximum one‐time special tax levied at the
time a non‐residential building permit is issued is recommended to increase from 10% of the
maximum special tax for fy 2019‐20 to 10.02% of the maximum special tax for fy 2020‐21. This
proposed increase will offset the decrease in the Engineering News Record’s index and result in
the same special tax as was levied in the previous year.
Certain non‐residential property owners elected not to pay off their community facilities district
obligation at the time their building permits were issued. Instead, they chose to assume an
annual special tax for developed property over 25 years. According to the community facilities
district documents, the annual special tax on developed property shall not exceed 13.81% of
the authorized one‐time payoff special tax for non‐residential property. This percentage rate
was determined based on the average cost of bond financing, which is 11%, plus financing
costs. The proposed fiscal year 2020‐21 special tax rate for developed property is 7.5% of each
property's one‐time payoff special tax. This rate remains unchanged from the previous fiscal
year.
June 9, 2020 Item #3 Page 4 of 26
Summary
The special tax rates proposed for Community Facilities District No. 1 are based on the cash flow
requirements needed to fund the remaining projects while maintaining the requirements of
each categories’ share of the project costs. 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 project cost estimates are updated or projects are
completed. Without the proposed increases in the residential, projected funding levels for
Community Facilities District No. 1 projects would not be achieved and these projects, as
currently planned, would require additional funding from alternative sources.
An updated Community Facilities District No. 1 Project Schedule showing the current, future
and completed projects is included as Exhibit 2 of this staff report.
The table below summarizes the percentage of maximum special tax levy proposed under each
property type.
When Community Facilities District No. 1 was formed in 1991, the actual special tax rate for
residential and non‐residential was set at 100% of the maximum special tax rate. Beginning in fy
1998‐99, the city began to lower the residential special tax rates from 100% of the maximum.
During fy 2005‐06 the special tax rates reached a low of 30% of the 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%
of the maximum in fy 2000‐01 until achieving the rate of 30% of the maximum starting in fiscal
year 2005‐06. That rate was adjusted to 25% in fy 2011‐12 and most recently to 10% in fiscal
year 2016‐17. 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
changes in growth projections. A history of the tax rates for Community Facilities District No. 1
is included as Exhibit 3.
Fiscal Analysis
Levying the special taxes on parcels within Community Facilities District No. 1 has created the
necessary cash flow to finance the construction of the three Interstate 5 interchanges, the Dove
Library and segments of La Costa Avenue, Faraday Avenue and other road projects. The future
Orion Center, Veterans Memorial Park, Cole Library and Civic Center complex are the remaining
projects proposed to be funded or partially funded by Community Facilities District No. 1.
Residential property Non‐residential property
Current
fy 2019‐20
Proposed
fy 2020‐21
Current
fy 2019‐20
Proposed
fy 2020‐21
Vacant land tax None None None None
One‐time tax 65% of max 70% of max 10% of max 10.02% of max
Developed annual tax NA NA 7.5% 7.5%
June 9, 2020 Item #3 Page 5 of 26
Consistent with the prior fiscal year, a tax on vacant property will not be levied for fiscal year
2020‐21 if the proposed community facilities district special tax rates are approved.
The revenue generated from the one‐time special tax levied at the time building permits are
issued 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 $129,000 for fy 2020‐21. The revenue generated from a one‐time special tax
for non‐residential property, based on growth projections, is estimated to be $57,000 for fiscal
year 2020‐21.
An additional $1,030,000 is anticipated to be collected for fiscal year 2020‐21 from the non‐
residential developed special taxes. The maximum term of this tax is 25 years.
Next Steps
The new Community Facilities District No. 1 special tax rates for fiscal year 2020‐21 would take
effect July 1, 2020.
Environmental Evaluation (CEQA)
This action is not a “project” under the California Environmental Quality Act under State CEQA
Guidelines Section 15378(b)(4) as it is a government fiscal activity that does not involve any
commitment to any specific project which may result in a potentially significant physical impact
on the environment.
Public Notification
This item was noticed in accordance with the Ralph M. Brown Act and was available for public
viewing and review at least 72 hours prior to the scheduled meeting date.
Exhibits
1.City Council resolution
2.Community Facilities District No. 1 Project Schedule as of July 1, 2020
3.History of tax rates for Community Facilities District No. 1
4.Boundary map of Community Facilities District No. 1
June 9, 2020 Item #3 Page 6 of 26
RESOLUTION NO. 2020-101
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, ESTABLISHING THE FISCAL YEAR 2020-21 SPECIAL TAXES FOR
COMMUNITY FACILITIES DISTRICT NO. 1.
WHEREAS, the CITY COUNCIL of the CITY OF CARLSBAD, CALIFORNIA ("legislative body"), has
initiated proceedings, held a public hearing, conducted an election and received a favorable vote
from the qualified electors relating to the levy of a special tax in a community facilities district, all as
authorized pursuant to the terms and provisions of the "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 be referred to as COMMUNITY FACILITIES DISTRICT NO. 1
("District"); and
WHEREAS, this legislative body, by Ordinance as authorized by California Government Code
Section 53340, has authorized the levy of a special tax to pay for costs and expenses related to the
District, and this legislative body desires to establish the specific rate of the special tax to be collected
for the next fiscal year 2020-21.
NOW, THEREFORE, BE IT RESOLVED by the City Council ofthe City of Carlsbad, California, as
follows:
1. That the above recitations are true and correct.
2. That the specific rate and amount of the special tax to be collected for fiscal year
2020-21 to pay for the costs and expenses for the District is determined and established as set
forth in Attachment A.
3. That the rate as set forth in Attachment A does not exceed the amount as
previously authorized by the Ordinance of this legislative body, and is not in excess of that as
previously approved by the qualified electors of the District.
4. That the proceeds of the special tax shall be used to pay, in whole or in part, the
costs of the following, in the following order of priority:
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;
d. Repayment of advances and loans, if appropriate; and
June 9, 2020 Item #3 Page 7 of 26
e. Payment of administrative expenses of the District.
5. That the proceeds of the special taxes shall be used as set forth above and shall
not be used for any other purpose.
6. That the annual special tax shall be collected in the same manner as ordinary ad
valorem property taxes are collected, and shall be subject to the same penalties and same
procedure and sale in cases of any delinquency for ad valorem taxes, and the Tax Collector is
authorized to deduct reasonable administrative costs incurred in collecting any said special tax.
7. That all monies above collected shall be paid into the District funds, including any
bond fund and reserve fund.
8. That the Finance Director is directed to calculate the installment of the annual
special tax for each parcel within the District and provide a list of those special taxes to the Auditor
of the County. The Auditor of the County is 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.
9. That the County Auditor shall then, at the close of the tax collection period,
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.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of
Carlsbad on the 9th day of June 2020, by the following vote, to wit:
AYES:
NAYS:
ABSENT:
Hall, Blackburn, Bhat-Patel, Schumacher.
None.
None.
MATT HALL, Mayor
~ Hec-/or 6omo1 Dep,;
,&/ BARBARA ENGLESON, City Clerk c,·11
(SEAL) C J'!i✓
June 9, 2020 Item #3 Page 8 of 26
ATTACHMENT A
Page 1
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:MAY 7, 1991 FY 1993-94 FY 1994-95 FY 1995-96 FY 1996-97 FY 1997-98
RESIDENTIAL (PER ACRE)
RL $396 $410 $415 $415 $415 $417
RLM 1,088 1,127 1,139 1,139 1,140 1,147
RM 1,823 1,889 1,909 1,909 1,911 1,923
RMH 2,796 2,896 2,927 2,927 2,930 2,948
RH 3,936 4,077 4,121 4,121 4,125 4,150
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $3,382 $3,503 $3,541 $3,541 $3,545 $3,566
INDUSTRIAL 1,691 1,752 1,771 1,771 1,772 1,783
PROPERTY TYPE
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 ACRE)
RL $390 $404 $409 $409 $409 $412
RLM 1,071 1,109 1,121 1,121 1,122 1,129
RM 1,715 1,776 1,796 1,796 1,797 1,808
RMH 2,632 2,727 2,756 2,756 2,759 2,775
RH 3,860 3,998 4,041 4,041 4,045 4,070
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $2,255 $2,335 $2,361 $2,361 $2,363 $2,377
INDUSTRIAL 1,353 1,401 1,416 1,416 1,418 1,426
NOTE: ACTUAL TAX RATES FOR UNDEVELOPED PROPERTY FOR FISCAL YEAR 2020-21 ARE HEREIN ESTABLISHED AT $0 PER ACRE.
2020-21 MAXIMUM PERCENTAGE
2020-21 ACTUAL PERCENTAGE
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
% OF ONE-TIME SPECIAL TAX
13.81%
7.50%
FORMATION OR ANNEXATION DATE
FORMATION OR ANNEXATION DATE
TAX RATES FOR FISCAL YEAR 2020-21
ANNUAL NON-RESIDENTIAL TAX - DEVELOPED PROPERTY
CITY OF CARLSBAD
COMMUNITY FACILITES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
MAXIMUM UNDEVELOPED PROPERTY TAX
June 9, 2020 Item #3 Page 9 of 26
ATTACHMENT A
Page 2
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:FY 1998-99 FY 1999-00 FY 2000-01 FY 2001-02 FY 2002-03 FY 2003-04
RESIDENTIAL (PER ACRE)
RL $420 $425 $432 $438 $442 $446
RLM 1,154 1,167 1,186 1,203 1,215 1,226
RM 1,934 1,956 1,988 2,017 2,037 2,055
RMH 2,965 2,999 3,048 3,093 3,123 3,151
RH 4,174 4,222 4,290 4,354 4,397 4,436
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $3,587 $3,628 $3,687 $3,741 $3,778 $3,812
INDUSTRIAL 1,794 1,814 1,843 1,871 1,889 1,906
PROPERTY TYPE
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 ACRE)
RL $414 $419 $426 $432 $436 $440
RLM 1,136 1,149 1,167 1,185 1,196 1,207
RM 1,819 1,840 1,869 1,897 1,916 1,933
RMH 2,792 2,824 2,870 2,912 2,941 2,967
RH 4,094 4,140 4,208 4,270 4,312 4,350
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $2,391 $2,419 $2,458 $2,494 $2,519 $2,541
INDUSTRIAL 1,435 1,451 1,475 1,497 1,511 1,525
NOTE: ACTUAL TAX RATES FOR UNDEVELOPED PROPERTY FOR FISCAL YEAR 2020-21 ARE HEREIN ESTABLISHED AT $0 PER ACRE.
FORMATION OR ANNEXATION DATE
FORMATION OR ANNEXATION DATE
CITY OF CARLSBAD
COMMUNITY FACILITES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
MAXIMUM UNDEVELOPED PROPERTY TAX
June 9, 2020 Item #3 Page 10 of 26
ATTACHMENT A
Page 3
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:FY 2004-05 FY 2005-06 FY 2006-07 FY 2007-08 FY 2008-09 FY 2009-10
RESIDENTIAL (PER ACRE)
RL $453 $467 $475 $483 $492 $507
RLM 1,244 1,282 1,304 1,327 1,352 1,393
RM 2,085 2,148 2,185 2,225 2,265 2,336
RMH 3,196 3,294 3,351 3,411 3,473 3,581
RH 4,500 4,637 4,717 4,802 4,890 5,041
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $3,866 $3,985 $4,053 $4,127 $4,202 $4,332
INDUSTRIAL 1,933 1,992 2,027 2,063 2,101 2,166
PROPERTY TYPE
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 ACRE)
RL $446 $460 $468 $476 $485 $500
RLM 1,224 1,262 1,283 1,307 1,331 1,372
RM 1,961 2,021 2,055 2,093 2,131 2,197
RMH 3,009 3,101 3,155 3,212 3,270 3,372
RH 4,413 4,547 4,626 4,710 4,795 4,944
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $2,578 $2,656 $2,702 $2,751 $2,801 $2,888
INDUSTRIAL 1,547 1,594 1,621 1,651 1,681 1,733
NOTE: ACTUAL TAX RATES FOR UNDEVELOPED PROPERTY FOR FISCAL YEAR 2020-21 ARE HEREIN ESTABLISHED AT $0 PER ACRE.
FORMATION OR ANNEXATION DATE
FORMATION OR ANNEXATION DATE
CITY OF CARLSBAD
COMMUNITY FACILITES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
MAXIMUM UNDEVELOPED PROPERTY TAX
June 9, 2020 Item #3 Page 11 of 26
ATTACHMENT A
Page 4
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16
RESIDENTIAL (PER ACRE)
RL $499 $506 $512 $512 $523 $529
RLM 1,372 1,391 1,408 1,408 1,437 1,454
RM 2,300 2,332 2,359 2,359 2,409 2,438
RMH 3,527 3,575 3,618 3,618 3,694 3,738
RH 4,965 5,033 5,093 5,093 5,200 5,262
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $4,266 $4,325 $4,376 $4,376 $4,468 $4,521
INDUSTRIAL 2,133 2,162 2,188 2,188 2,234 2,261
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA II:FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16
RESIDENTIAL (PER ACRE)
RL $492 $499 $505 $505 $516 $522
RLM 1,351 1,370 1,386 1,386 1,415 1,432
RM 2,163 2,193 2,219 2,219 2,266 2,293
RMH 3,320 3,366 3,406 3,406 3,478 3,519
RH 4,869 4,936 4,994 4,994 5,099 5,160
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $2,844 $2,883 $2,917 $2,917 $2,979 $3,014
INDUSTRIAL 1,706 1,730 1,750 1,750 1,787 1,809
NOTE: ACTUAL TAX RATES FOR UNDEVELOPED PROPERTY FOR FISCAL YEAR 2020-21 ARE HEREIN ESTABLISHED AT $0 PER ACRE.
FORMATION OR ANNEXATION DATE
FORMATION OR ANNEXATION DATE
CITY OF CARLSBAD
COMMUNITY FACILITES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
MAXIMUM UNDEVELOPED PROPERTY TAX
June 9, 2020 Item #3 Page 12 of 26
ATTACHMENT A
Page 5
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
RESIDENTIAL (PER ACRE)
RL $533 $545 $551 $555 $554
RLM 1,465 1,496 1,514 1,526 1,523
RM 2,456 2,508 2,539 2,557 2,552
RMH 3,765 3,845 3,892 3,921 3,913
RH 5,301 5,412 5,479 5,520 5,509
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $4,555 $4,651 $4,708 $4,743 $4,734
INDUSTRIAL 2,277 2,325 2,354 2,372 2,367
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA II:FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
RESIDENTIAL (PER ACRE)
RL $526 $537 $543 $547 $546
RLM 1,442 1,473 1,491 1,502 1,499
RM 2,310 2,358 2,387 2,405 2,400
RMH 3,545 3,620 3,665 3,692 3,684
RH 5,198 5,308 5,373 5,413 5,402
NON-RESIDENTIAL (PER ACRE)
COMMERCIAL $3,037 $3,101 $3,139 $3,162 $3,156
INDUSTRIAL 1,822 1,860 1,883 1,897 1,893
NOTE: ACTUAL TAX RATES FOR UNDEVELOPED PROPERTY FOR FISCAL YEAR 2020-21 ARE HEREIN ESTABLISHED AT $0 PER ACRE.
FORMATION OR ANNEXATION DATE
FORMATION OR ANNEXATION DATE
CITY OF CARLSBAD
COMMUNITY FACILITES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
MAXIMUM UNDEVELOPED PROPERTY TAX
June 9, 2020 Item #3 Page 13 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 6
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:MAY 7, 1991 FY 1993-94 FY 1994-95 FY 1995-96 FY 1996-97 FY 1997-98
RESIDENTIAL (PER DWELLING UNIT)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $4,391.60 $4,548.69 $4,598.18 $4,598.18 $4,602.78 $4,630.23
1.51 - 4.0 DU/ACRE 4,391.60 4,548.69 4,598.18 4,598.18 4,602.78 4,630.23
4.1 - 8.0 DU/ACRE 2,771.87 2,871.03 2,902.27 2,902.27 2,905.17 2,922.49
8.1 - 15.0 DU/ACRE 2,771.87 2,871.03 2,902.27 2,902.27 2,905.17 2,922.49
15.1 - 23.0 DU/ACRE 2,771.87 2,871.03 2,902.27 2,902.27 2,905.17 2,922.49
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $1.15 $1.19 $1.20 $1.20 $1.20 $1.21
AUTO - REPAIR & SALES 0.48 0.50 0.50 0.50 0.50 0.51
AUTO CAR WASH 0.89 0.92 0.93 0.93 0.93 0.94
BANK - WALK IN 1.81 1.88 1.90 1.90 1.90 1.91
BANK - WITH DRIVE THRU 2.55 2.64 2.67 2.67 2.67 2.69
BOWLING ALLEY 0.94 0.97 0.98 0.98 0.98 0.99
CAMPGROUND 2.47 2.56 2.59 2.59 2.59 2.61
CHURCH 0.42 0.44 0.44 0.44 0.44 0.45
COMMERCIAL SHOPS 0.41 0.42 0.43 0.43 0.43 0.43
COMMUNITY SHOPPING CENTER 0.60 0.62 0.63 0.63 0.63 0.63
CONVENIENCE MARKET 3.86 3.99 4.04 4.04 4.04 4.07
DISCOUNT STORE 0.45 0.47 0.48 0.48 0.48 0.48
GOLF COURSE 0.43 0.45 0.45 0.45 0.45 0.46
GROCERY STORE 1.10 1.14 1.15 1.15 1.15 1.16
HEALTH CLUB 0.41 0.42 0.43 0.43 0.43 0.43
HELIPORTS 1.50 1.55 1.57 1.57 1.57 1.58
HOSPITAL - CONVALESCENT 0.33 0.34 0.34 0.34 0.34 0.35
HOSPITAL - GENERAL 0.55 0.57 0.57 0.57 0.57 0.58
HOTEL - CONV. FAC/COMM.0.49 0.51 0.51 0.51 0.51 0.52
INDOOR SPORTS ARENA 0.33 0.34 0.34 0.34 0.34 0.35
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.30 0.31 0.32 0.32 0.32 0.32
JUNIOR COLLEGE 0.31 0.32 0.32 0.32 0.32 0.33
LIBRARY 0.60 0.62 0.63 0.63 0.63 0.63
LUMBER/HARDWARE STORE 0.35 0.36 0.37 0.37 0.37 0.37
MARINA 2.10 2.17 2.20 2.20 2.20 2.21
MOTEL 0.38 0.39 0.40 0.40 0.40 0.40
NEIGHBORHOOD SHOPPING CENTER 0.91 0.94 0.96 0.96 0.96 0.96
OFFICE - COMMERCIAL (< 100,000 SF)0.36 0.37 0.38 0.38 0.38 0.38
OFFICE - GOVERNMENT 0.41 0.43 0.43 0.43 0.43 0.44
OFFICE - HIGH RISE 0.38 0.39 0.39 0.39 0.40 0.40
OFFICE - MEDICAL 0.34 0.35 0.36 0.36 0.36 0.36
OUTDOOR TENNIS COURT 3.97 4.12 4.16 4.16 4.16 4.19
RACE TRACK 0.72 0.75 0.75 0.75 0.75 0.76
REGIONAL SHOPPING CENTER 0.47 0.49 0.50 0.50 0.50 0.50
RESORT HOTEL 0.32 0.34 0.34 0.34 0.34 0.34
RESTAURANT - FAST FOOD 4.02 4.16 4.21 4.21 4.21 4.24
RESTAURANT - QUALITY 0.93 0.96 0.97 0.97 0.97 0.98
RESTAURANT - SIT DOWN 2.14 2.22 2.24 2.24 2.25 2.26
S & L - WALK IN 0.78 0.81 0.81 0.81 0.82 0.82
S & L - WITH DRIVE THRU 1.07 1.11 1.12 1.12 1.12 1.13
UNIVERSITY 0.32 0.33 0.33 0.33 0.33 0.34
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.30 0.31 0.32 0.32 0.32 0.32
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.25 0.25 0.26 0.26 0.26 0.26
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 14 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 7
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:FY 1998-99 FY 1999-00 FY 2000-01 FY 2001-02 FY 2002-03 FY 2003-04
RESIDENTIAL (PER DWELLING UNIT)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $4,657.85 $4,710.80 $4,787.27 $4,858.02 $4,906.12 $4,949.88
1.51 - 4.0 DU/ACRE 4,657.85 4,710.80 4,787.27 4,858.02 4,906.12 4,949.88
4.1 - 8.0 DU/ACRE 2,939.93 2,973.35 3,021.61 3,066.27 3,096.63 3,124.25
8.1 - 15.0 DU/ACRE 2,939.93 2,973.35 3,021.61 3,066.27 3,096.63 3,124.25
15.1 - 23.0 DU/ACRE 2,939.93 2,973.35 3,021.61 3,066.27 3,096.63 3,124.25
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $1.21 $1.23 $1.25 $1.27 $1.28 $1.29
AUTO - REPAIR & SALES 0.51 0.52 0.52 0.53 0.54 0.54
AUTO CAR WASH 0.94 0.96 0.97 0.99 1.00 1.00
BANK - WALK IN 1.92 1.94 1.97 2.00 2.02 2.04
BANK - WITH DRIVE THRU 2.70 2.74 2.78 2.82 2.85 2.87
BOWLING ALLEY 0.99 1.00 1.02 1.04 1.05 1.06
CAMPGROUND 2.62 2.65 2.70 2.74 2.76 2.79
CHURCH 0.45 0.45 0.46 0.47 0.47 0.48
COMMERCIAL SHOPS 0.43 0.44 0.45 0.45 0.46 0.46
COMMUNITY SHOPPING CENTER 0.63 0.64 0.65 0.66 0.67 0.67
CONVENIENCE MARKET 4.09 4.14 4.20 4.27 4.31 4.35
DISCOUNT STORE 0.48 0.49 0.50 0.50 0.51 0.51
GOLF COURSE 0.46 0.46 0.47 0.48 0.48 0.49
GROCERY STORE 1.17 1.18 1.20 1.22 1.23 1.24
HEALTH CLUB 0.43 0.44 0.44 0.45 0.46 0.46
HELIPORTS 1.59 1.61 1.64 1.66 1.68 1.69
HOSPITAL - CONVALESCENT 0.35 0.35 0.36 0.36 0.37 0.37
HOSPITAL - GENERAL 0.58 0.59 0.60 0.61 0.61 0.62
HOTEL - CONV. FAC/COMM.0.52 0.53 0.53 0.54 0.55 0.55
INDOOR SPORTS ARENA 0.35 0.35 0.36 0.36 0.37 0.37
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.32 0.32 0.33 0.33 0.34 0.34
JUNIOR COLLEGE 0.33 0.33 0.34 0.34 0.35 0.35
LIBRARY 0.64 0.65 0.66 0.67 0.67 0.68
LUMBER/HARDWARE STORE 0.37 0.37 0.38 0.39 0.39 0.39
MARINA 2.22 2.25 2.29 2.32 2.34 2.36
MOTEL 0.40 0.41 0.41 0.42 0.42 0.43
NEIGHBORHOOD SHOPPING CENTER 0.97 0.98 0.99 1.01 1.02 1.03
OFFICE - COMMERCIAL (< 100,000 SF)0.38 0.39 0.39 0.40 0.40 0.41
OFFICE - GOVERNMENT 0.44 0.44 0.45 0.46 0.46 0.47
OFFICE - HIGH RISE 0.40 0.40 0.41 0.42 0.42 0.42
OFFICE - MEDICAL 0.36 0.37 0.37 0.38 0.38 0.39
OUTDOOR TENNIS COURT 4.21 4.26 4.33 4.40 4.44 4.48
RACE TRACK 0.76 0.77 0.79 0.80 0.80 0.81
REGIONAL SHOPPING CENTER 0.50 0.51 0.52 0.52 0.53 0.53
RESORT HOTEL 0.34 0.35 0.35 0.36 0.36 0.37
RESTAURANT - FAST FOOD 4.26 4.31 4.38 4.45 4.49 4.53
RESTAURANT - QUALITY 0.98 1.00 1.01 1.03 1.04 1.05
RESTAURANT - SIT DOWN 2.27 2.30 2.34 2.37 2.39 2.41
S & L - WALK IN 0.83 0.83 0.85 0.86 0.87 0.88
S & L - WITH DRIVE THRU 1.14 1.15 1.17 1.19 1.20 1.21
UNIVERSITY 0.34 0.34 0.35 0.35 0.36 0.36
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.32 0.32 0.33 0.33 0.34 0.34
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.26 0.26 0.27 0.27 0.27 0.28
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 15 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 8
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:FY 2004-05 FY 2005-06 FY 2006-07 FY 2007-08 FY 2008-09 FY 2009-10
RESIDENTIAL (PER DWELLING UNIT)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $5,020.62 $5,173.94 $5,262.93 $5,358.53 $5,455.86 $5,625.03
1.51 - 4.0 DU/ACRE 5,020.62 5,173.94 5,262.93 5,358.53 5,455.86 5,625.03
4.1 - 8.0 DU/ACRE 3,168.90 3,265.67 3,321.84 3,382.18 3,443.61 3,550.39
8.1 - 15.0 DU/ACRE 3,168.90 3,265.67 3,321.84 3,382.18 3,443.61 3,550.39
15.1 - 23.0 DU/ACRE 3,168.90 3,265.67 3,321.84 3,382.18 3,443.61 3,550.39
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $1.31 $1.35 $1.37 $1.40 $1.42 $1.47
AUTO - REPAIR & SALES 0.55 0.57 0.58 0.59 0.60 0.62
AUTO CAR WASH 1.02 1.05 1.07 1.09 1.11 1.14
BANK - WALK IN 2.07 2.13 2.17 2.21 2.25 2.32
BANK - WITH DRIVE THRU 2.92 3.00 3.06 3.11 3.17 3.27
BOWLING ALLEY 1.07 1.10 1.12 1.14 1.16 1.20
CAMPGROUND 2.83 2.91 2.96 3.02 3.07 3.17
CHURCH 0.48 0.50 0.51 0.52 0.52 0.54
COMMERCIAL SHOPS 0.47 0.48 0.49 0.50 0.51 0.52
COMMUNITY SHOPPING CENTER 0.68 0.71 0.72 0.73 0.74 0.77
CONVENIENCE MARKET 4.41 4.54 4.62 4.71 4.79 4.94
DISCOUNT STORE 0.52 0.54 0.54 0.55 0.56 0.58
GOLF COURSE 0.49 0.51 0.52 0.53 0.54 0.55
GROCERY STORE 1.26 1.29 1.32 1.34 1.36 1.41
HEALTH CLUB 0.47 0.48 0.49 0.50 0.51 0.52
HELIPORTS 1.72 1.77 1.80 1.83 1.86 1.92
HOSPITAL - CONVALESCENT 0.38 0.39 0.39 0.40 0.41 0.42
HOSPITAL - GENERAL 0.63 0.65 0.66 0.67 0.68 0.70
HOTEL - CONV. FAC/COMM.0.56 0.58 0.59 0.60 0.61 0.63
INDOOR SPORTS ARENA 0.38 0.39 0.39 0.40 0.41 0.42
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.35 0.36 0.36 0.37 0.38 0.39
JUNIOR COLLEGE 0.35 0.36 0.37 0.38 0.38 0.40
LIBRARY 0.69 0.71 0.72 0.73 0.75 0.77
LUMBER/HARDWARE STORE 0.40 0.41 0.42 0.43 0.43 0.45
MARINA 2.40 2.47 2.51 2.56 2.60 2.69
MOTEL 0.43 0.45 0.46 0.46 0.47 0.49
NEIGHBORHOOD SHOPPING CENTER 1.04 1.07 1.09 1.11 1.13 1.17
OFFICE - COMMERCIAL (< 100,000 SF)0.41 0.43 0.43 0.44 0.45 0.46
OFFICE - GOVERNMENT 0.47 0.49 0.50 0.50 0.51 0.53
OFFICE - HIGH RISE 0.43 0.44 0.45 0.46 0.47 0.48
OFFICE - MEDICAL 0.39 0.40 0.41 0.42 0.42 0.44
OUTDOOR TENNIS COURT 4.54 4.68 4.76 4.85 4.94 5.09
RACE TRACK 0.82 0.85 0.86 0.88 0.89 0.92
REGIONAL SHOPPING CENTER 0.54 0.56 0.57 0.58 0.59 0.61
RESORT HOTEL 0.37 0.38 0.39 0.40 0.40 0.42
RESTAURANT - FAST FOOD 4.59 4.73 4.82 4.90 4.99 5.15
RESTAURANT - QUALITY 1.06 1.09 1.11 1.13 1.15 1.19
RESTAURANT - SIT DOWN 2.45 2.52 2.57 2.61 2.66 2.74
S & L - WALK IN 0.89 0.92 0.93 0.95 0.97 1.00
S & L - WITH DRIVE THRU 1.23 1.26 1.28 1.31 1.33 1.37
UNIVERSITY 0.36 0.38 0.38 0.39 0.40 0.41
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.35 0.36 0.36 0.37 0.38 0.39
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.28 0.29 0.29 0.30 0.31 0.31
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 16 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 9
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16
RESIDENTIAL (PER DWELLING UNIT)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $5,539.37 $5,615.85 $5,682.44 $5,682.44 $5,802.04 $5,870.84
1.51 - 4.0 DU/ACRE 5,539.37 5,615.85 5,682.44 5,682.44 5,802.04 5,870.84
4.1 - 8.0 DU/ACRE 3,496.32 3,544.60 3,586.63 3,586.63 3,662.12 3,705.54
8.1 - 15.0 DU/ACRE 3,496.32 3,544.60 3,586.63 3,586.63 3,662.12 3,705.54
15.1 - 23.0 DU/ACRE 3,496.32 3,544.60 3,586.63 3,586.63 3,662.12 3,705.54
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $1.44 $1.46 $1.48 $1.48 $1.51 $1.53
AUTO - REPAIR & SALES 0.61 0.62 0.62 0.62 0.64 0.64
AUTO CAR WASH 1.12 1.14 1.15 1.15 1.18 1.19
BANK - WALK IN 2.29 2.32 2.34 2.34 2.39 2.42
BANK - WITH DRIVE THRU 3.22 3.26 3.30 3.30 3.37 3.41
BOWLING ALLEY 1.18 1.20 1.21 1.21 1.24 1.25
CAMPGROUND 3.12 3.16 3.20 3.20 3.27 3.31
CHURCH 0.53 0.54 0.55 0.55 0.56 0.56
COMMERCIAL SHOPS 0.52 0.52 0.53 0.53 0.54 0.55
COMMUNITY SHOPPING CENTER 0.76 0.77 0.77 0.77 0.79 0.80
CONVENIENCE MARKET 4.86 4.93 4.99 4.99 5.09 5.16
DISCOUNT STORE 0.57 0.58 0.59 0.59 0.60 0.61
GOLF COURSE 0.54 0.55 0.56 0.56 0.57 0.58
GROCERY STORE 1.39 1.40 1.42 1.42 1.45 1.47
HEALTH CLUB 0.51 0.52 0.53 0.53 0.54 0.55
HELIPORTS 1.89 1.92 1.94 1.94 1.98 2.01
HOSPITAL - CONVALESCENT 0.41 0.42 0.43 0.43 0.43 0.44
HOSPITAL - GENERAL 0.69 0.70 0.71 0.71 0.72 0.73
HOTEL - CONV. FAC/COMM.0.62 0.63 0.63 0.63 0.65 0.66
INDOOR SPORTS ARENA 0.41 0.42 0.43 0.43 0.43 0.44
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.38 0.39 0.39 0.39 0.40 0.40
JUNIOR COLLEGE 0.39 0.40 0.40 0.40 0.41 0.41
LIBRARY 0.76 0.77 0.78 0.78 0.79 0.80
LUMBER/HARDWARE STORE 0.44 0.45 0.45 0.45 0.46 0.47
MARINA 2.64 2.68 2.71 2.71 2.77 2.80
MOTEL 0.48 0.49 0.49 0.49 0.50 0.51
NEIGHBORHOOD SHOPPING CENTER 1.15 1.17 1.18 1.18 1.21 1.22
OFFICE - COMMERCIAL (< 100,000 SF)0.46 0.46 0.47 0.47 0.48 0.48
OFFICE - GOVERNMENT 0.52 0.53 0.54 0.54 0.55 0.55
OFFICE - HIGH RISE 0.48 0.48 0.49 0.49 0.50 0.50
OFFICE - MEDICAL 0.43 0.44 0.44 0.44 0.45 0.46
OUTDOOR TENNIS COURT 5.01 5.08 5.14 5.14 5.25 5.31
RACE TRACK 0.91 0.92 0.93 0.93 0.95 0.96
REGIONAL SHOPPING CENTER 0.60 0.60 0.61 0.61 0.62 0.63
RESORT HOTEL 0.41 0.42 0.42 0.42 0.43 0.43
RESTAURANT - FAST FOOD 5.07 5.14 5.20 5.20 5.31 5.37
RESTAURANT - QUALITY 1.17 1.19 1.20 1.20 1.23 1.24
RESTAURANT - SIT DOWN 2.70 2.74 2.77 2.77 2.83 2.86
S & L - WALK IN 0.98 0.99 1.01 1.01 1.03 1.04
S & L - WITH DRIVE THRU 1.35 1.37 1.39 1.39 1.42 1.43
UNIVERSITY 0.40 0.41 0.41 0.41 0.42 0.43
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.38 0.39 0.39 0.39 0.40 0.40
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.31 0.31 0.32 0.32 0.32 0.33
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 17 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 10
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA I:FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
RESIDENTIAL (PER DWELLING UNIT)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $5,914.55 $6,039.03 $6,113.59 $6,159.10 $6,146.76
1.51 - 4.0 DU/ACRE 5,914.55 6,039.03 6,113.59 6,159.10 6,146.76
4.1 - 8.0 DU/ACRE 3,733.13 3,811.70 3,858.76 3,887.48 3,879.69
8.1 - 15.0 DU/ACRE 3,733.13 3,811.70 3,858.76 3,887.48 3,879.69
15.1 - 23.0 DU/ACRE 3,733.13 3,811.70 3,858.76 3,887.48 3,879.69
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $1.54 $1.57 $1.59 $1.61 $1.60
AUTO - REPAIR & SALES 0.65 0.66 0.67 0.68 0.67
AUTO CAR WASH 1.20 1.23 1.24 1.25 1.25
BANK - WALK IN 2.44 2.49 2.52 2.54 2.54
BANK - WITH DRIVE THRU 3.43 3.51 3.55 3.58 3.57
BOWLING ALLEY 1.26 1.29 1.30 1.31 1.31
CAMPGROUND 3.33 3.40 3.44 3.47 3.46
CHURCH 0.57 0.58 0.59 0.59 0.59
COMMERCIAL SHOPS 0.55 0.56 0.57 0.57 0.57
COMMUNITY SHOPPING CENTER 0.81 0.82 0.83 0.84 0.84
CONVENIENCE MARKET 5.19 5.30 5.37 5.41 5.40
DISCOUNT STORE 0.61 0.63 0.63 0.64 0.64
GOLF COURSE 0.58 0.59 0.60 0.61 0.60
GROCERY STORE 1.48 1.51 1.53 1.54 1.54
HEALTH CLUB 0.55 0.56 0.57 0.57 0.57
HELIPORTS 2.02 2.06 2.09 2.11 2.10
HOSPITAL - CONVALESCENT 0.44 0.45 0.46 0.46 0.46
HOSPITAL - GENERAL 0.74 0.75 0.76 0.77 0.77
HOTEL - CONV. FAC/COMM.0.66 0.67 0.68 0.69 0.69
INDOOR SPORTS ARENA 0.44 0.45 0.46 0.46 0.46
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.41 0.42 0.42 0.42 0.42
JUNIOR COLLEGE 0.42 0.43 0.43 0.43 0.43
LIBRARY 0.81 0.83 0.84 0.84 0.84
LUMBER/HARDWARE STORE 0.47 0.48 0.49 0.49 0.49
MARINA 2.82 2.88 2.92 2.94 2.93
MOTEL 0.51 0.52 0.53 0.53 0.53
NEIGHBORHOOD SHOPPING CENTER 1.23 1.25 1.27 1.28 1.28
OFFICE - COMMERCIAL (< 100,000 SF)0.49 0.50 0.50 0.51 0.51
OFFICE - GOVERNMENT 0.56 0.57 0.58 0.58 0.58
OFFICE - HIGH RISE 0.51 0.52 0.52 0.53 0.53
OFFICE - MEDICAL 0.46 0.47 0.48 0.48 0.48
OUTDOOR TENNIS COURT 5.35 5.46 5.53 5.57 5.56
RACE TRACK 0.97 0.99 1.00 1.01 1.01
REGIONAL SHOPPING CENTER 0.64 0.65 0.66 0.66 0.66
RESORT HOTEL 0.44 0.45 0.45 0.46 0.45
RESTAURANT - FAST FOOD 5.41 5.53 5.59 5.64 5.62
RESTAURANT - QUALITY 1.25 1.28 1.29 1.30 1.30
RESTAURANT - SIT DOWN 2.88 2.95 2.98 3.00 3.00
S & L - WALK IN 1.05 1.07 1.08 1.09 1.09
S & L - WITH DRIVE THRU 1.44 1.47 1.49 1.50 1.50
UNIVERSITY 0.43 0.44 0.44 0.45 0.45
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.41 0.42 0.42 0.42 0.42
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.33 0.34 0.34 0.34 0.34
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 18 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 11
PROPERTY TYPE
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)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $3,782.97 $3,918.29 $3,960.92 $3,960.92 $3,964.88 $3,988.53
1.51 - 4.0 DU/ACRE 3,782.97 3,918.29 3,960.92 3,960.92 3,964.88 3,988.53
4.1 - 8.0 DU/ACRE 2,280.63 2,362.21 2,387.92 2,387.92 2,390.30 2,404.56
8.1 - 15.0 DU/ACRE 2,280.63 2,362.21 2,387.92 2,387.92 2,390.30 2,404.56
15.1 - 23.0 DU/ACRE 2,280.63 2,362.21 2,387.92 2,387.92 2,390.30 2,404.56
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $0.41 $0.42 $0.43 $0.43 $0.43 $0.43
AUTO - REPAIR & SALES 0.22 0.23 0.23 0.23 0.23 0.24
AUTO CAR WASH 0.36 0.37 0.37 0.37 0.37 0.38
BANK - WALK IN 0.65 0.67 0.68 0.68 0.68 0.68
BANK - WITH DRIVE THRU 0.81 0.84 0.85 0.85 0.85 0.85
BOWLING ALLEY 0.40 0.41 0.42 0.42 0.42 0.42
CAMPGROUND 0.70 0.73 0.74 0.74 0.74 0.74
CHURCH 0.27 0.28 0.29 0.29 0.29 0.29
COMMERCIAL SHOPS 0.22 0.23 0.23 0.23 0.23 0.24
COMMUNITY SHOPPING CENTER 0.25 0.26 0.27 0.27 0.27 0.27
CONVENIENCE MARKET 0.95 0.99 1.00 1.00 1.00 1.00
DISCOUNT STORE 0.22 0.23 0.23 0.23 0.23 0.24
GOLF COURSE 0.30 0.31 0.32 0.32 0.32 0.32
GROCERY STORE 0.36 0.37 0.38 0.38 0.38 0.38
HEALTH CLUB 0.26 0.27 0.27 0.27 0.27 0.28
HELIPORTS 0.52 0.54 0.54 0.54 0.54 0.55
HOSPITAL - CONVALESCENT 0.31 0.33 0.33 0.33 0.33 0.33
HOSPITAL - GENERAL 0.45 0.47 0.47 0.47 0.47 0.47
HOTEL - CONV. FAC/COMM.0.36 0.37 0.37 0.37 0.37 0.38
INDOOR SPORTS ARENA 0.31 0.33 0.33 0.33 0.33 0.33
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.21 0.22 0.22 0.22 0.22 0.22
JUNIOR COLLEGE 0.27 0.28 0.28 0.28 0.28 0.28
LIBRARY 0.40 0.42 0.42 0.42 0.42 0.43
LUMBER/HARDWARE STORE 0.22 0.23 0.23 0.23 0.23 0.24
MARINA 0.62 0.64 0.65 0.65 0.65 0.66
MOTEL 0.29 0.30 0.30 0.30 0.30 0.31
NEIGHBORHOOD SHOPPING CENTER 0.32 0.33 0.34 0.34 0.34 0.34
OFFICE - COMMERCIAL (< 100,000 SF)0.25 0.26 0.26 0.26 0.26 0.26
OFFICE - GOVERNMENT 0.27 0.27 0.28 0.28 0.28 0.28
OFFICE - HIGH RISE 0.26 0.27 0.27 0.27 0.27 0.27
OFFICE - MEDICAL 0.29 0.30 0.31 0.31 0.31 0.31
OUTDOOR TENNIS COURT 1.03 1.06 1.07 1.07 1.07 1.08
RACE TRACK 0.33 0.34 0.34 0.34 0.34 0.35
REGIONAL SHOPPING CENTER 0.23 0.24 0.24 0.24 0.24 0.24
RESORT HOTEL 0.28 0.29 0.29 0.29 0.29 0.29
RESTAURANT - FAST FOOD 1.07 1.11 1.12 1.12 1.12 1.13
RESTAURANT - QUALITY 0.44 0.45 0.46 0.46 0.46 0.46
RESTAURANT - SIT DOWN 0.67 0.69 0.70 0.70 0.70 0.70
S & L - WALK IN 0.43 0.44 0.45 0.45 0.45 0.45
S & L - WITH DRIVE THRU 0.49 0.51 0.51 0.51 0.52 0.52
UNIVERSITY 0.27 0.28 0.28 0.28 0.28 0.28
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.20 0.21 0.21 0.21 0.21 0.21
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.20 0.21 0.21 0.21 0.21 0.21
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 19 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 12
PROPERTY TYPE
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)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $4,012.32 $4,057.93 $4,123.80 $4,184.75 $4,226.18 $4,263.88
1.51 - 4.0 DU/ACRE 4,012.32 4,057.93 4,123.80 4,184.75 4,226.18 4,263.88
4.1 - 8.0 DU/ACRE 2,418.90 2,446.40 2,486.11 2,522.85 2,547.83 2,570.56
8.1 - 15.0 DU/ACRE 2,418.90 2,446.40 2,486.11 2,522.85 2,547.83 2,570.56
15.1 - 23.0 DU/ACRE 2,418.90 2,446.40 2,486.11 2,522.85 2,547.83 2,570.56
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $0.43 $0.44 $0.44 $0.45 $0.46 $0.46
AUTO - REPAIR & SALES 0.24 0.24 0.24 0.25 0.25 0.25
AUTO CAR WASH 0.38 0.38 0.39 0.39 0.40 0.40
BANK - WALK IN 0.69 0.70 0.71 0.72 0.73 0.73
BANK - WITH DRIVE THRU 0.86 0.87 0.88 0.89 0.90 0.91
BOWLING ALLEY 0.42 0.43 0.44 0.44 0.45 0.45
CAMPGROUND 0.75 0.76 0.77 0.78 0.79 0.79
CHURCH 0.29 0.29 0.30 0.30 0.31 0.31
COMMERCIAL SHOPS 0.24 0.24 0.24 0.25 0.25 0.25
COMMUNITY SHOPPING CENTER 0.27 0.27 0.28 0.28 0.28 0.29
CONVENIENCE MARKET 1.01 1.02 1.04 1.05 1.06 1.07
DISCOUNT STORE 0.24 0.24 0.24 0.25 0.25 0.25
GOLF COURSE 0.32 0.32 0.33 0.33 0.34 0.34
GROCERY STORE 0.38 0.39 0.39 0.40 0.40 0.41
HEALTH CLUB 0.28 0.28 0.28 0.29 0.29 0.29
HELIPORTS 0.55 0.56 0.56 0.57 0.58 0.58
HOSPITAL - CONVALESCENT 0.33 0.34 0.34 0.35 0.35 0.35
HOSPITAL - GENERAL 0.48 0.48 0.49 0.50 0.50 0.51
HOTEL - CONV. FAC/COMM.0.38 0.38 0.39 0.39 0.40 0.40
INDOOR SPORTS ARENA 0.33 0.34 0.34 0.35 0.35 0.35
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.23 0.23 0.23 0.24 0.24 0.24
JUNIOR COLLEGE 0.28 0.29 0.29 0.30 0.30 0.30
LIBRARY 0.43 0.43 0.44 0.45 0.45 0.46
LUMBER/HARDWARE STORE 0.24 0.24 0.24 0.25 0.25 0.25
MARINA 0.66 0.67 0.68 0.69 0.70 0.70
MOTEL 0.31 0.31 0.32 0.32 0.32 0.33
NEIGHBORHOOD SHOPPING CENTER 0.34 0.34 0.35 0.35 0.36 0.36
OFFICE - COMMERCIAL (< 100,000 SF)0.26 0.27 0.27 0.27 0.28 0.28
OFFICE - GOVERNMENT 0.28 0.28 0.29 0.29 0.30 0.30
OFFICE - HIGH RISE 0.28 0.28 0.28 0.29 0.29 0.29
OFFICE - MEDICAL 0.31 0.31 0.32 0.32 0.33 0.33
OUTDOOR TENNIS COURT 1.09 1.10 1.12 1.13 1.15 1.16
RACE TRACK 0.35 0.35 0.36 0.36 0.37 0.37
REGIONAL SHOPPING CENTER 0.24 0.24 0.25 0.25 0.25 0.26
RESORT HOTEL 0.30 0.30 0.30 0.31 0.31 0.32
RESTAURANT - FAST FOOD 1.14 1.15 1.17 1.18 1.20 1.21
RESTAURANT - QUALITY 0.46 0.47 0.48 0.48 0.49 0.49
RESTAURANT - SIT DOWN 0.71 0.72 0.73 0.74 0.75 0.75
S & L - WALK IN 0.45 0.46 0.47 0.47 0.48 0.48
S & L - WITH DRIVE THRU 0.52 0.53 0.54 0.54 0.55 0.55
UNIVERSITY 0.29 0.29 0.29 0.30 0.30 0.30
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.22 0.22 0.22 0.22 0.23 0.23
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.21 0.22 0.22 0.22 0.22 0.23
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 20 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 13
PROPERTY TYPE
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)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $4,324.82 $4,456.89 $4,533.54 $4,615.89 $4,699.73 $4,845.46
1.51 - 4.0 DU/ACRE 4,324.82 4,456.89 4,533.54 4,615.89 4,699.73 4,845.46
4.1 - 8.0 DU/ACRE 2,607.30 2,686.92 2,733.13 2,782.77 2,833.32 2,921.18
8.1 - 15.0 DU/ACRE 2,607.30 2,686.92 2,733.13 2,782.77 2,833.32 2,921.18
15.1 - 23.0 DU/ACRE 2,607.30 2,686.92 2,733.13 2,782.77 2,833.32 2,921.18
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $0.47 $0.48 $0.49 $0.50 $0.51 $0.52
AUTO - REPAIR & SALES 0.26 0.26 0.27 0.27 0.28 0.29
AUTO CAR WASH 0.41 0.42 0.43 0.43 0.44 0.46
BANK - WALK IN 0.74 0.77 0.78 0.79 0.81 0.83
BANK - WITH DRIVE THRU 0.92 0.95 0.97 0.99 1.00 1.03
BOWLING ALLEY 0.46 0.47 0.48 0.49 0.50 0.51
CAMPGROUND 0.81 0.83 0.84 0.86 0.88 0.90
CHURCH 0.31 0.32 0.33 0.33 0.34 0.35
COMMERCIAL SHOPS 0.26 0.26 0.27 0.27 0.28 0.29
COMMUNITY SHOPPING CENTER 0.29 0.30 0.30 0.31 0.32 0.33
CONVENIENCE MARKET 1.09 1.12 1.14 1.16 1.18 1.22
DISCOUNT STORE 0.26 0.26 0.27 0.27 0.28 0.29
GOLF COURSE 0.35 0.36 0.36 0.37 0.38 0.39
GROCERY STORE 0.41 0.43 0.43 0.44 0.45 0.46
HEALTH CLUB 0.30 0.31 0.31 0.32 0.32 0.33
HELIPORTS 0.59 0.61 0.62 0.63 0.64 0.66
HOSPITAL - CONVALESCENT 0.36 0.37 0.38 0.38 0.39 0.40
HOSPITAL - GENERAL 0.51 0.53 0.54 0.55 0.56 0.58
HOTEL - CONV. FAC/COMM.0.41 0.42 0.43 0.43 0.44 0.46
INDOOR SPORTS ARENA 0.36 0.37 0.38 0.38 0.39 0.40
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.24 0.25 0.26 0.26 0.26 0.27
JUNIOR COLLEGE 0.31 0.32 0.32 0.33 0.33 0.34
LIBRARY 0.46 0.48 0.48 0.49 0.50 0.52
LUMBER/HARDWARE STORE 0.26 0.26 0.27 0.27 0.28 0.29
MARINA 0.71 0.73 0.75 0.76 0.77 0.80
MOTEL 0.33 0.34 0.35 0.35 0.36 0.37
NEIGHBORHOOD SHOPPING CENTER 0.37 0.38 0.38 0.39 0.40 0.41
OFFICE - COMMERCIAL (< 100,000 SF)0.28 0.29 0.30 0.30 0.31 0.32
OFFICE - GOVERNMENT 0.30 0.31 0.32 0.32 0.33 0.34
OFFICE - HIGH RISE 0.30 0.31 0.31 0.32 0.32 0.33
OFFICE - MEDICAL 0.33 0.34 0.35 0.36 0.36 0.37
OUTDOOR TENNIS COURT 1.17 1.21 1.23 1.25 1.27 1.31
RACE TRACK 0.38 0.39 0.39 0.40 0.41 0.42
REGIONAL SHOPPING CENTER 0.26 0.27 0.27 0.28 0.28 0.29
RESORT HOTEL 0.32 0.33 0.34 0.34 0.35 0.36
RESTAURANT - FAST FOOD 1.22 1.26 1.28 1.31 1.33 1.37
RESTAURANT - QUALITY 0.50 0.51 0.52 0.53 0.54 0.56
RESTAURANT - SIT DOWN 0.76 0.79 0.80 0.81 0.83 0.86
S & L - WALK IN 0.49 0.50 0.51 0.52 0.53 0.55
S & L - WITH DRIVE THRU 0.56 0.58 0.59 0.60 0.61 0.63
UNIVERSITY 0.31 0.32 0.32 0.33 0.34 0.35
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.23 0.24 0.24 0.25 0.25 0.26
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.23 0.24 0.24 0.24 0.25 0.26
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 21 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 14
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA II:FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16
RESIDENTIAL (PER DWELLING UNIT)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $4,771.67 $4,837.56 $4,894.92 $4,894.92 $4,997.94 $5,057.21
1.51 - 4.0 DU/ACRE 4,771.67 4,837.56 4,894.92 4,894.92 4,997.94 5,057.21
4.1 - 8.0 DU/ACRE 2,876.69 2,916.41 2,950.99 2,950.99 3,013.10 3,048.83
8.1 - 15.0 DU/ACRE 2,876.69 2,916.41 2,950.99 2,950.99 3,013.10 3,048.83
15.1 - 23.0 DU/ACRE 2,876.69 2,916.41 2,950.99 2,950.99 3,013.10 3,048.83
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $0.51 $0.52 $0.53 $0.53 $0.54 $0.55
AUTO - REPAIR & SALES 0.28 0.29 0.29 0.29 0.29 0.30
AUTO CAR WASH 0.45 0.46 0.46 0.46 0.47 0.48
BANK - WALK IN 0.82 0.83 0.84 0.84 0.86 0.87
BANK - WITH DRIVE THRU 1.02 1.03 1.05 1.05 1.07 1.08
BOWLING ALLEY 0.50 0.51 0.52 0.52 0.53 0.53
CAMPGROUND 0.89 0.90 0.91 0.91 0.93 0.94
CHURCH 0.35 0.35 0.35 0.35 0.36 0.37
COMMERCIAL SHOPS 0.28 0.29 0.29 0.29 0.29 0.30
COMMUNITY SHOPPING CENTER 0.32 0.33 0.33 0.33 0.34 0.34
CONVENIENCE MARKET 1.20 1.22 1.23 1.23 1.26 1.27
DISCOUNT STORE 0.28 0.29 0.29 0.29 0.29 0.30
GOLF COURSE 0.38 0.39 0.39 0.39 0.40 0.40
GROCERY STORE 0.46 0.46 0.47 0.47 0.48 0.48
HEALTH CLUB 0.33 0.33 0.34 0.34 0.35 0.35
HELIPORTS 0.65 0.66 0.67 0.67 0.68 0.69
HOSPITAL - CONVALESCENT 0.40 0.40 0.41 0.41 0.42 0.42
HOSPITAL - GENERAL 0.57 0.57 0.58 0.58 0.59 0.60
HOTEL - CONV. FAC/COMM.0.45 0.46 0.46 0.46 0.47 0.48
INDOOR SPORTS ARENA 0.40 0.40 0.41 0.41 0.42 0.42
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.27 0.27 0.28 0.28 0.28 0.29
JUNIOR COLLEGE 0.34 0.34 0.35 0.35 0.35 0.36
LIBRARY 0.51 0.52 0.52 0.52 0.53 0.54
LUMBER/HARDWARE STORE 0.28 0.29 0.29 0.29 0.29 0.30
MARINA 0.79 0.80 0.81 0.81 0.82 0.83
MOTEL 0.37 0.37 0.38 0.38 0.38 0.39
NEIGHBORHOOD SHOPPING CENTER 0.40 0.41 0.41 0.41 0.42 0.43
OFFICE - COMMERCIAL (< 100,000 SF)0.31 0.32 0.32 0.32 0.33 0.33
OFFICE - GOVERNMENT 0.33 0.34 0.34 0.34 0.35 0.35
OFFICE - HIGH RISE 0.33 0.33 0.34 0.34 0.34 0.35
OFFICE - MEDICAL 0.37 0.37 0.38 0.38 0.39 0.39
OUTDOOR TENNIS COURT 1.29 1.31 1.33 1.33 1.35 1.37
RACE TRACK 0.41 0.42 0.43 0.43 0.43 0.44
REGIONAL SHOPPING CENTER 0.29 0.29 0.29 0.29 0.30 0.30
RESORT HOTEL 0.35 0.36 0.36 0.36 0.37 0.37
RESTAURANT - FAST FOOD 1.35 1.37 1.38 1.38 1.41 1.43
RESTAURANT - QUALITY 0.55 0.56 0.56 0.56 0.58 0.58
RESTAURANT - SIT DOWN 0.84 0.85 0.86 0.86 0.88 0.89
S & L - WALK IN 0.54 0.55 0.55 0.55 0.57 0.57
S & L - WITH DRIVE THRU 0.62 0.63 0.64 0.64 0.65 0.66
UNIVERSITY 0.34 0.34 0.35 0.35 0.36 0.36
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.26 0.26 0.26 0.26 0.27 0.27
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.25 0.26 0.26 0.26 0.26 0.27
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 22 of 26
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES FOR FISCAL YEAR 2020-21
SPECIAL DEVELOPMENT TAX ONE-TIME
ATTACHMENT A
Page 15
PROPERTY TYPE
TAX RATE IMPROVEMENT AREA II:FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
RESIDENTIAL (PER DWELLING UNIT)
(70% of the Maximum Tax)
0 - 1.5 DU /ACRE $5,094.85 $5,202.09 $5,266.31 $5,305.51 $5,294.88
1.51 - 4.0 DU/ACRE 5,094.85 5,202.09 5,266.31 5,305.51 5,294.88
4.1 - 8.0 DU/ACRE 3,071.53 3,136.17 3,174.89 3,198.53 3,192.12
8.1 - 15.0 DU/ACRE 3,071.53 3,136.17 3,174.89 3,198.53 3,192.12
15.1 - 23.0 DU/ACRE 3,071.53 3,136.17 3,174.89 3,198.53 3,192.12
NON-RESIDENTIAL (PER SQ.FT.)
(10.02% of the Maximum Tax)
AUTO - GASOLINE $0.55 $0.56 $0.57 $0.57 $0.57
AUTO - REPAIR & SALES 0.30 0.31 0.31 0.31 0.31
AUTO CAR WASH 0.48 0.49 0.50 0.50 0.50
BANK - WALK IN 0.87 0.89 0.90 0.91 0.91
BANK - WITH DRIVE THRU 1.09 1.11 1.12 1.13 1.13
BOWLING ALLEY 0.54 0.55 0.56 0.56 0.56
CAMPGROUND 0.95 0.97 0.98 0.99 0.99
CHURCH 0.37 0.38 0.38 0.38 0.38
COMMERCIAL SHOPS 0.30 0.31 0.31 0.31 0.31
COMMUNITY SHOPPING CENTER 0.34 0.35 0.35 0.36 0.36
CONVENIENCE MARKET 1.28 1.31 1.32 1.33 1.33
DISCOUNT STORE 0.30 0.31 0.31 0.31 0.31
GOLF COURSE 0.41 0.42 0.42 0.42 0.42
GROCERY STORE 0.49 0.50 0.50 0.51 0.51
HEALTH CLUB 0.35 0.36 0.36 0.37 0.37
HELIPORTS 0.70 0.71 0.72 0.73 0.73
HOSPITAL - CONVALESCENT 0.42 0.43 0.44 0.44 0.44
HOSPITAL - GENERAL 0.60 0.62 0.63 0.63 0.63
HOTEL - CONV. FAC/COMM.0.48 0.49 0.50 0.50 0.50
INDOOR SPORTS ARENA 0.42 0.43 0.44 0.44 0.44
INDUSTRIAL - COMMERCIAL
BUSINESS PARK 0.29 0.29 0.30 0.30 0.30
JUNIOR COLLEGE 0.36 0.37 0.37 0.38 0.38
LIBRARY 0.54 0.56 0.56 0.57 0.57
LUMBER/HARDWARE STORE 0.30 0.31 0.31 0.31 0.31
MARINA 0.84 0.86 0.87 0.87 0.87
MOTEL 0.39 0.40 0.40 0.41 0.41
NEIGHBORHOOD SHOPPING CENTER 0.43 0.44 0.45 0.45 0.45
OFFICE - COMMERCIAL (< 100,000 SF)0.33 0.34 0.34 0.35 0.35
OFFICE - GOVERNMENT 0.36 0.37 0.37 0.37 0.37
OFFICE - HIGH RISE 0.35 0.36 0.36 0.36 0.36
OFFICE - MEDICAL 0.39 0.40 0.41 0.41 0.41
OUTDOOR TENNIS COURT 1.38 1.41 1.43 1.44 1.43
RACE TRACK 0.44 0.45 0.46 0.46 0.46
REGIONAL SHOPPING CENTER 0.31 0.31 0.32 0.32 0.32
RESORT HOTEL 0.38 0.38 0.39 0.39 0.39
RESTAURANT - FAST FOOD 1.44 1.47 1.49 1.50 1.50
RESTAURANT - QUALITY 0.59 0.60 0.61 0.61 0.61
RESTAURANT - SIT DOWN 0.90 0.92 0.93 0.94 0.93
S & L - WALK IN 0.58 0.59 0.60 0.60 0.60
S & L - WITH DRIVE THRU 0.66 0.68 0.68 0.69 0.69
UNIVERSITY 0.36 0.37 0.38 0.38 0.38
ALL OTHER COMMERCIAL USES
NOT IDENTIFIED ABOVE 0.27 0.28 0.28 0.29 0.28
ALL OTHER INDUSTRIAL USES
NOT IDENTIFIED ABOVE 0.27 0.28 0.28 0.28 0.28
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 -0.40%.
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
FORMATION OR ANNEXATION DATE
June 9, 2020 Item #3 Page 23 of 26
EXHIBIT 2
CFD No. 1
Project Schedule
July 1, 2020 Carryforward Year 1 Year 2 Year 9 Year 10 Year 14
Total Project
Budget
Total Expense
and Encumbrance
to Date
Unexpended
Budget
2019-20
Budgeted
2020-21
Budgeted
2021-22
Budgeted
2028-29
Budgeted
2029-30
Budgeted
2033-34
Total Future
Expenditures
Current and Future Projects:
Civic Center 51,028,105$ 301,192$ 726,913$ -$ -$ -$ 50,000,000$ -$ 50,726,913$
Civic Center (Farmer's Bldg Purchase)15,733,172 15,733,172 - - -- - - -$
Library (Future Cole Expansion)5,988,000 - - - - - - 5,988,000 5,988,000$
Orion Center (Public Works Center)35,258,156 5,478,548 29,057,718 - 721,890 - - - 29,779,608$
Veteran's Memorial Park 23,922,200 436,997 41,203 24,000 - 23,420,000 - - 23,485,203$
-$
Completed Projects:-$
Cannon Road @ I-5 422,840 422,840 -$
Cannon Road West 6,528,546 6,528,546 -$
Faraday Avenue 5,423,394 5,423,394 -$
La Costa Avenue 6,200,095 6,200,095 -$
La Costa Interchange 7,329,516 7,329,516 -$
Library (Learning Center)4,501,717 4,501,717 -$
Library (S. Carlsbad)14,443,717 14,443,717 -$
Olivenhain/Rancho Santa Fe Road 5,700,000 5,700,000 -$
Palomar Airport Road Interchange 2,667,496 2,667,496 -$
Poinsettia Interchange 6,469,457 6,469,457 -$
191,616,411$ 81,636,687$ 29,825,834$ 24,000$ 721,890$ 23,420,000$ 50,000,000$ 5,988,000$ 109,979,724$
Future Expenditures
June 9, 2020 Item #3 Page 24 of 26
EXHIBIT 3
Fiscal Year Vacant Land Tax One-Time Tax Vacant Land Tax One-Time Tax
Pass-Through Tax
(Max 13.81%)
1992 74%100%17%100%N/A
1993 74%100%38%100%N/A
1994 74%100%38%100%9.5%
1995 74%100%38%100%9.5%
1996 74%100%38%100%9.5%
1997 74%100%40%100%9.5%
1998 70%100%50%100%9.5%
1999 50%90%60%100%8.7%
2000 40%90%60%100%8.7%
2001 40%90%40%90%8.7%
2002 20%80%20%60%8.7%
2003 0%70%20%60%8.7%
2004 0%60%0%60%8.7%
2005 0%50%0%40%8.7%
2006 0%30%0%30%7.5%
2007 0%50%0%30%7.5%
2008 0%60%0%30%7.5%
2009 0%60%0%30%7.5%
2010 0%50%0%30%7.5%
2011 0%50%0%30%7.5%
2012 0%55%0%25%7.5%
2013 0%55%0%25%7.5%
2014 0%55%0%25%7.5%
2015 0%55%0%25%7.5%
2016 0%55%0%25%7.5%
2017 0%55%0%10%7.5%
2018 0%55%0%10%7.5%
2019 0%55%0%10%7.5%
2020 0%65%0%10%7.5%
2021 0%70%0%10.02%7.5%
Non-ResidentialResidential
History of Tax Rates
CFD No. 1
June 9, 2020 Item #3 Page 25 of 26
Exhibit 4June 9, 2020Item #3 Page 26 of 26