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Home My WebLink AboutRE [External]Fwd Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill (2)From: Jonathan Short <jonathan.short@spicercg.com> Sent: Friday, November 8, 2024 3:28 PM To: Jason Simpson; Shane Spicer Subject: RE: [External]Fwd: Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill? Categories: Avast: Safe HI Jason After payment of this years tax bill he would have 5 years left. His initial year was FY 2005-06 and his final year is FY 2029-30. Thank you, JONATHAN SHORT FINANCE PROJECT MANAGER SPICER CONSULTING GROUP, LLC 41880 KALMIA STREET, SUITE 145 | MURRIETA, CALIFORNIA 92562 951.239.3107 OFFICE | 760.646.1754 CELL | SPICERCG.COM This email message is intended for the use of the individual entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately. Thank you. From: Jason Simpson <jsimpson@Lake-Elsinore.org> Sent: Friday, November 8, 2024 3:22 PM To: Jonathan Short <jonathan.short@spicercg.com>; Shane Spicer <shane.spicer@spicercg.com> Subject: RE: [External]Fwd: Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill? How many years does he have left? Jason Simpson City Manager PH:951-674-3124 x204 From: Jonathan Short <jonathan.short@spicercg.com> Sent: Friday, November 8, 2024 2:45 PM To: Jason Simpson <jsimpson@Lake-Elsinore.org>; Shane Spicer <shane.spicer@spicercg.com> Subject: RE: [External]Fwd: Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill? Good Afternoon Jason, We have 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. 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 Thank you, JONATHAN SHORT FINANCE PROJECT MANAGER SPICER CONSULTING GROUP, LLC 41880 KALMIA STREET, SUITE 145 | MURRIETA, CALIFORNIA 92562 951.239.3107 OFFICE | 760.646.1754 CELL | SPICERCG.COM This email message is intended for the use of the individual entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately. Thank you. From: Jason Simpson <jsimpson@Lake-Elsinore.org> Sent: Friday, November 8, 2024 1:10 PM To: Jonathan Short <jonathan.short@spicercg.com>; Shane Spicer <shane.spicer@spicercg.com> Subject: FW: [External]Fwd: Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill? Hi guys – Mr. Patrick Kilroy says he is being overcharged but does not understand that how the levy works. He is a former employee. We need to verify his parcel and levy. From: Jonathan Short <jonathan.short@spicercg.com> Sent: Tuesday, April 16, 2024 11:57 AM To: Jason Simpson <jsimpson@Lake-Elsinore.org>; Shannon Buckley <sbuckley@Lake-Elsinore.org> Cc: Shane Spicer <shane.spicer@spicercg.com>; Mark Voight <mark.voight@spicercg.com> Subject: [External]CFD 90-2 Roll Off Analysis Message from external sender. Use Caution. Good Morning Jason, Below is a summary of the Roll off Analysis we did for CFD 90-2. The first year FY 2024-25 is escalated at 2% over FY 2023-24. I ran an escalation all the way out to FY 2031-32 at 2% so you can see a comparison. Please let us know how you would like to proceed with this Fiscal Years Tax Enrollment. CFD 90-2 Roll-Off Fiscal Year Available Parcels Total Levy No Escalation Total Levy 2% Escalation 2024-25 424 $885,115.10 $885,115.10 2025-26 364 $766,913.64 $782,251.91 2026-27 331 $700,785.70 $729,097.44 2027-28 247 $523,534.58 $555,579.08 2028-29 216 $457,139.64 $494,822.65 2029-30 135 $290,637.40 $320,887.17 2030-31 1 $2,308.50 $2,599.75 2031-32 1 $2,308.50 $2,651.74 2032-33 0 $0.00 $0.00 Total $3,628,743.06 $3,773,004.85 Please let me know if you have any questions. Thank you, JONATHAN SHORT FINANCE PROJECT MANAGER Sincerely, Jason Simpson City Manager PH:951-674-3124 x204 From: Jason Simpson Sent: Friday, November 8, 2024 1:03 PM To: Timothy J. Sheridan <tsheridan@Lake-Elsinore.org> Subject: RE: [External]Fwd: Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill? He is a former employee. I will pull together a response. Jason Simpson City Manager PH:951-674-3124 x204 From: Timothy J. Sheridan <tsheridan@Lake-Elsinore.org> Sent: Friday, November 8, 2024 12:52 PM To: Jason Simpson <jsimpson@Lake-Elsinore.org> Subject: Fwd: [External]Fwd: Maturity CFD 90-2 Lake Elsinore - Correct Tax Bill? Hi Jason - Can you tell me if this resident is correct? Thank you- Timothy J Sheridan Council Member, District 3 City of Lake Elsinore Begin forwarded message: From: Pat Kilroy <patkilroyelsinore@gmail.com> Date: November 8, 2024 at 8:22:32 AM HST To: "Timothy J. Sheridan" <tsheridan@lake-elsinore.org> Subject: [External]Fwd: Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill? 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 Bil ls are being overcharged by hundreds to thousands of dollars. Please read and verify the information yourself as discu ssed 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 h uge political opportunity. I recommend you verify and acknowledge this overchargi ng 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 al l those affected. You should consider holding a public meeting at the T uscany Hills Clubhouse, with the City Staff explaining the process for correcting this mistake. Sincerely, Pat Valle C: 951-830-0407 ---------- 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 Elsinore - Correct Tax Bill? To: Pat Kilroy <patkilroyelsinore@gmail.com> Hello, For questions regarding special assessments, please call the telephone number of the agency that levied it. The phone number is indicate d on your tax bill corresponding to the assessment in question. Thank you, Lizette Robledo Senior Accounting Assistant Riverside County Treasurer-Tax Collector From: Pat Kilroy <patkilroyelsinore@gmail.com> Sent: Monday, November 4, 2024 9:23 AM To: Treasurer Tax Collector <RCTTC@RIVCO.ORG> Subject: Maturity CFD 90-2 City of Lake Elsinore - Correct Tax Bill? CAUTION: This email originated externally from the Riverside County email system. DO NOT click links or open attachments unless you recognize the sender and know the content is safe. To whom it may concern: My current property tax bill shows a charge of $2,163.38 for 68-FC CFD 90-2 Lake Elsinore. Per the City of Lake Elsinore's weblink below, it show s that this Community Facilities District was paid in full on or abo ut October 1, 2024. https://www.lake-elsinore.org/documentcenter/view/3447 Please explain the process or timeline for my propert y tax bill to be corrected. Parcel Identification Number (PIN) = 363365048 Thank you in advance for your assistance. Pat Kilroy Lake Elsinore, CA 92532 Confidentiality Disclaimer This email is confidential and intended solely for the use of the individual(s) to whom it is addressed. The information contained in this message may be privileged and confidential and protected from disclosure. If you are not the author's intended recipient, be advised that you have received this email in error and that any use, dissemination, forwarding, printing, or copying of this email is strictly prohibited. If you have received this email in error please delete all copies, both electronic and printed, and contact the author immediately. 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