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4.4. Maximum Assessments for the Motor Court Units <br /> There are one hundred seventy -eight (178) subdivided motor court units within the District. <br /> Each of the planned motor court units are deemed to receive proportional special benefit from <br /> the maintenance and operation of the improvements. When the District was formed in fiscal <br /> year 1996/97, a basic assessment, per lot per year was established for the motor court units. <br /> In addition, an annual maximum assessment was also established for each future year which <br /> included a cost of living increase to allow for reasonable increases in maintenance costs. An <br /> additional reserve fund of S70.22 per unit will be included in the motor court assessment per <br /> unit for each of the first five years. Beginning with the sixth year (FY 2001/02), and for each <br /> year thereafter, this "Additional Reserve Fund" will only be levied to the extent necessary to <br /> replenish the monies spent from the Reserve Fund during the previous year for maintenance <br /> costs which exceed the "annual Maximum Assessment" income. <br /> The table on the following page reflects the basic assessment, annual maximum assessment <br /> including a cost of living increase, the additional reserve fund component and the total <br /> maximum assessment for motor court units per year through fiscal year 2025/26. <br /> 4 -3 <br />