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Reso 2003-151
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Reso 2003-151
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8/18/2009 8:55:39 AM
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8/18/2009 8:52:29 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
7/7/2003
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PERM
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4.6. Calculation of Fiscal Year 2003/04 Assessments <br />The. Fiscal Year 2003/04 assessments are calculated as follows: <br />CALCULATION OF NET ASSESSMENTS FOR FY 20032/43 <br />Total Estimated District Costs Fiscal Year 2003/04 $234,345.00 <br />CALCULATION OF MAXIMUM ASSESSMENTS FOR FI' 2003104 <br />451 Single Family Detached Lots @ $512.18 per lot per year $230,993.18 <br />178 Motor Court Units @ $341.44 per unit per year 60,776.32 <br />MAXIMUM ALLOWABLE TOTAL ASSESSMENTS F'Y 2003/04 $291,769.50 <br />CALCULATION OF ACTUAL ASSESSMENTS FOR FY 2003/04 <br />Total Estimated District Costs Fiscal Year 2003/04 $234,345.00 <br />Total Assessments at Maximum Rates 291.769.50 <br />ACTUAL ASSESSMENTS AS A PERCENT OF MAXIMUM 80.32% <br />Single Family Detached Rate $512.18 x 80.32% ~ $411.38 per lot <br />Motor Court Unit Rate $341.44 x 80.32% _ $274.24 per lot <br />ACTUAL ASSESSMENTS FOR FY 2003/04 <br />451 Single Family Detached Lots @ $411.38 per lot per year $185,532.38 <br />178 Motor Court Units @ $274.24 per unit per year 48,814.72 <br />ACTUAL ASSESSMENTS FY 2003/04 $234,347.10 <br />FY 2003104 ASSESSMENTS ARE AT 80.32% OF MAXIlVIi1M <br />4-5 <br />
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