HomeMy WebLinkAboutFW_ [External]Fwd_ Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill_2_RedactedFrom:Jason Simpson
To:Brian Forbath (SYCR)
Subject:FW: [External]Fwd: Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill?
Date:Friday, November 15, 2024 2:16:00 PM
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Brian -
FYI.
Spicer Consulting Group reviewed the calculation on Mr. Kilroy’s parcel (363365048) and
the calculation is correct. The parcel is being levied consistent with Category V in the RMA
which is for 25 years. Below is a breakdown of the calculation so you are aware. After
payment of this year's tax bill he would have 5 years left. His initial year was FY 2005-06
and his final year is FY 2029-30.
As you are aware the bonds for CFD 90-2 matured on October 1, 2024. We are continuing
to levy against the remaining parcels up to their 25 years maturity, and these proceeds will
be applied to improvements.
FY 2024-25 Rates
Max Per Parcel Rate: $1,303.85
Per Sq Ft Rate: $1.0196
Parcel 363365048
Tract 17413-1
Permit: 06/2004
Sq Ft: 3,253
Max Tax: $4,620.45
Taxable Proration: 46.82%
Levy: $2,163.38
Final Levy Year: FY 2029-2030
Sincerely,
Jason Simpson
Message from external sender. Use Caution.
Good morning Councilman Sheridan,
The Community Facilities District 90-2 (Mello Roos) expired on
October 1, 2024. Your Tuscany Hills citizen's Property Tax Bills
are being overcharged by hundreds to thousands of dollars.
Please read and verify the information yourself as discussed in
the emails below.
I recommend you get in front of this parade and lead it to better
the citizens in your district. It's the right thing to do and a huge
political opportunity.
I recommend you verify and acknowledge this overcharging of
taxes in a public meeting and direct the City Staff to develop a
plan for correcting the Property Tax Bills and doing a notification
mailing to all those affected.
You should consider holding a public meeting at the Tuscany
Hills Clubhouse, with the City Staff explaining the process for
correcting this mistake.
Sincerely,
Pat Kilroy
Forwarded message ---------
From: Treasurer Tax Collector <RCTTC@rivco.org>
Date: Wed, Nov 6, 2024 at 8:21 AM
Subject: RE: Maturity CFD 90-2 City of Lake Elsinore - Correct Tax
Bill?
To: Pat Kilroy <p >
Hello,
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