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WWILLDAN <br />Fi I Services <br />E. District Reserve Fund <br />An additional levy of up to $105.32/year/single-family detached unit and <br />$70.22/year/motor court unit is assessed when the reserve fund needs replenishment. <br />The Reserve Fund is fully funded and no levy will be required to replenish it this fiscal <br />year. <br />F. Calculation of Fiscal Year 2011/12 Assessments <br />DESCRIPTION AMOUNT <br />ear 2011/2012 assessents are calculated as <br />Calculation of Required Assessments: <br />Estimated Total District Costs $411,920.00 <br />Estimated Carry -Over from Previous Fiscal Year $212,000.00 <br />Estimated Interest Income $4,721.58 <br />Required Assessment $195,198.42 <br />Calculation of Maximum Assessments <br />Maximum assessment for Single Family Detached Lots per year $600.10 <br />Maximum assessment for Motor Court Units per year $400.04 <br />451 Single Family Detached Lots @ maximum assessment $270,645.10 <br />178 Motor Court Units @ maximum assessment $71,207.12 <br />Maximum Allowable Assessment $341,852.22 <br />Calculation of Actual Assessment Rates <br />Required Assessment / Maximum Allowable Assessment 57.10% <br />Single Family Detached Rate 57.1 % of max per lot $342.66 <br />Motor Court Unit Rate @ 57.1 % of max per unit $228.42 <br />Actual Assessments <br />451 Single Family Detached Lots @ $342.66 per lot $154,539.66 <br />178 Motor Court Units @ $228.42 per unit $40,658.76 <br />Total Assessments for Fiscal Year 2011/2012 $195,198.42 <br />Fiscal Year 2011/12 assessments are to be levied at 57.10% of Maximum. This is a 32% <br />decrease from the Fiscal Year 2010/11 assessments. <br />City of San Leandro Heron Bay Maintenance Assessment District No. 96-3 Page 11 <br />