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4.5. District Reserve Fund Balance <br /> A District Reserve Fund has been established, and was accumulated through a component of <br /> the annual assessments through fiscal year 1999/2000. The estimated District Reserve Fund <br /> Balance as of June 30, 2000 is 5240,000. For fiscal year 2000/01, cumulative District funds <br /> are available for a 560,000 contribution to the District Reserve Fund without assessing the <br /> property owners. At the end of fiscal year 2000/01, the District Reserve Fund will be at the <br /> 5300,000 District goal. <br /> DESCRIPTION AMOUNT <br /> Estimated Fund Balance as of June 30, 2000 5240,000.00 <br /> Contribution from available District funds 60,000.00 <br /> ESTIMATED FUND BALANCE JUNE 30, 2001 5300,000.00 <br /> The District Reserve may be used to fund capital improvements. In fiscal year 1999/00, a <br /> capital improvement project was begun and included interpretive signage. planning and <br /> installation, and an aerial topography survey to facilitate monitoring and reporting within the <br /> Shoreline Marshlands. Some of the planned fiscal year 1999/2000 project tasks were not • <br /> completed during the year. As a result, 5100,000 in funding is available to offset the fiscal <br /> year 2000/01 project costs. The table below provides the details of the Shoreline Marshlands <br /> management program planned expenditures for fiscal year 2000/01. <br /> DESCRIPTION AMOUNT <br /> Regular Salaries 510,000.00 <br /> Salaries Temp/Part-Time 6,000.00 <br /> Consulting 30,000.00 <br /> Educational Program 7,000.00 <br /> Construction 14,800.00 <br /> Grounds Repair and Maintenance 15,000.00 <br /> Miscellaneous Services 2,000.00 <br /> Hardware (misc., locks, etc.) 100.00 <br /> Film Development 100.00 <br /> Aerial Mapping 15,000.00 <br /> Signage Development 47,000.00 <br /> TOTAL PLANNED PROJECT COSTS 2000/01 5147,000.00 <br /> Less: Funds accumulated during 1999/2000 (100,000.00) <br /> Net amount to be funded by assessments in 2000/01 547,000.00 <br /> The budgeted annual maintenance costs for the North, Bunker, and East Marshes was <br /> 570,000. The planned Shoreline Marshlands capital improvement project costs to be funded <br /> in fiscal year 2000/01 are estimated to be 547,000. Property owners will not be assessed at <br /> the maximum allowable rate in fiscal year 2000/01 because of the funds that are available to <br /> offset costs. <br /> 4 -5 <br />