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Reso 2004-098
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Reso 2004-098
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8/10/2009 11:51:30 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
6/21/2004
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The table below reflects the basic assessment, annual maximum assessment including a cost of living <br />increase, the additional reserve fund component and the total maximum assessment for single family <br />detached lots per year through fiscal year 2025126. <br />SINGLE FAMILY DETACHED MAXIMUM ASSESSMENTS <br /> Annual '\~Iaximum <br /> Assessment Total <br /> (Inclucling cosE-of- Addifional 147aximum <br />Year Basic Assessment li~'ing increase) Resers~e Fund * Assessment <br />FY'96-'97 $415,88/lot/yr $445.88!lot/yr $105.32 $551.20/lot/yr <br />F~"'97-'98 X454.80/]ot!yr $105.32 $560.12/lot/yr <br />FY'98-'99 $463.88!]ot'yr $105.32 X569.20/lot/}'r <br />FY'99-'00 $473.18/lot/yr $]05.32 5578.SOilotlyr <br />FY'00-'O1 $482.64/lot/yr $]05.32 X587.96/lot%yr <br />FY'O1-'02 $492.28/lot/yr $105.32 * $597.60/lor/yr <br />FY'02-'03 $502.12/lotlyr X10532 * 5607.44/lot/yr <br />FY'03-'04 5512.18/lot/}'r $10532 * 5617.50/lotlyr <br />FY'04-'OS 5522.42/lot/yr $]0532 * 5627.74/lot/yr <br />FY'OS-'06 $532.86/lot/yr $]05.32 * $638.18/lot/yr <br />FY'06-'07 5543.52/lot/yr $105.32 * 5648.84/lot/yr <br />FY'07-'08 5554.40/lot/yr 510532 * 5659.72/lot/yr <br />FY'08-'09 5565.48!lot/yr $105.32 * 5670.80/lot/yr <br />PY'09-'10 $576.80~1ot/yr $105.32 5682.12/lot/yr <br />~'Y'10-'ll 558832/lot/yr $105.32 * 5693.6411ot/yr <br />F'Y'll '12 $600.]0/lot/yr $105.32 * $705.42/lot/yr <br />FY'12-'13 5612.10i1ot/yr 510532 * $717.42/lot/yr <br />FY'13-']4 $62434/lotlyr 510532 * 5729.66/lot/yr <br />FY'l4-'15 5636.82!lot!yr $10532 * $742.14/lot/yr <br />I'Y'15-'16 $649.56/lot-yr $105.32 * $754.88/lot/yr <br />FY'16-'l7 5662.Sb'lot-yr $105.32 * 5767.88/lot/yr <br />FY'17-'18 5675.80'lot/yr $105.32 * $781.12Ilotlyr <br />FY'18-'19 5689.32,/lot/yr $105.32 * $794.64/lot/yr <br />FY'19-'20 $703.lOllot/yr $10532 * 5808.42i1ot/yr <br />1~Y'20-'21 $717.16/lotlyr 510532 * 5822.48/lotlyr <br />FY'21-'22 5731.50/lot/yr 510532 * $836.82/lot/yr <br />FY'22-'23 $746.14,'lot/yr 510532 * 5851.46/lot/yr <br />FY'23-'24 5761.06'lot/yr 510532 * 586638/lot/yr <br />FY'24-'25 $776.28/lot/yr $105.32 * $881.60/lot/yr <br />FY'25-'26 $791.80/lot/yr 510532 * 5897.1211otlyr <br />Por year 31 and thereafter, the amount of the maximum assessment shall be increased each <br />year using the same formula used abo~~e. <br />* The Additional Reserve Fund will not be colllected iii Fiscal Year 2004/OS because the <br />Reserve Fund has been fully funded. <br />4-2 <br />
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