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8N Consent 2012 0716
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8N Consent 2012 0716
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7/24/2012 4:15:32 PM
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7/11/2012 11:41:08 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
7/16/2012
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_CC Agenda 2012 0716 CS+RG
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Path:
\City Clerk\City Council\Agenda Packets\2012\Packet 2012 0716
Reso 2012-090
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Path:
\City Clerk\City Council\Resolutions\2012
Reso 2012-091
(Reference)
Path:
\City Clerk\City Council\Resolutions\2012
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W WI LLDAN <br />Financial 'Services <br />Reserve Fund" will only be levied to the extent necessary to replenish the monies spent <br />from the Reserve Fund during the previous year for maintenance costs which exceed <br />the "annual Maximum Assessment" income. <br />The District Reserve Fund was fully funded as of June 30, 2001; therefore the <br />"Additional Reserve Fund" will not be collected in Fiscal Year 2012/13. <br />The table below reflects the basic assessment, annual maximum assessment including <br />a cost of living increase, the additional reserve fund component and the total maximum <br />assessment for motor court units per year through Fiscal Year 2025/26. <br />Motor Court Maximum Assessments <br />Fiscal Year <br />Annual Maximum <br />Assessment per unit <br />per year (Including <br />cost -of- living increase) <br />Additional <br />Reserve Fund <br />� <br />Total Maximum <br />Assessment per <br />unit per year <br />1996/97 <br />$297.24 <br />$70.22 <br />$367.46 <br />1997/98 <br />303.18 <br />70.22 <br />373.40 <br />1998/99 <br />309.24 <br />70.22 <br />379.46 <br />1999/00 <br />315.42 <br />70.22 <br />385.64 <br />2000/01 <br />321.74 <br />70.22 <br />391.96 <br />2001/02 <br />328.18 <br />70.22 <br />398.40 <br />2002/03 <br />334.74 <br />70.22 <br />404.96 <br />2003/04 <br />341.44 <br />70.22 <br />411.66 <br />2004/05 <br />348.26 <br />70.22 <br />418.48 <br />2005/06 <br />355.22 <br />70.22 <br />425.44 <br />2006/07 <br />362.32 <br />70.22 <br />432.54 <br />2007/08 <br />369.58 <br />70.22 <br />439.80 <br />2008/09 <br />376.98 <br />70.22 <br />447.20 <br />2009/10 <br />384.52 <br />70.22 <br />454.74 <br />2010/11 <br />392.20 <br />70.22 <br />462.42 <br />2011/12 <br />400.04 <br />70.22 <br />470.26 <br />2012/13 <br />408.04 <br />70.22 <br />478.26 <br />2013/14 <br />416.20 <br />70.22 <br />486.42 <br />2014/15 <br />424.54 <br />70.22 <br />494.76 <br />2015/16 <br />433.02 <br />70.22 <br />503.24 <br />2016/17 <br />441.68 <br />70.22 <br />511.90 <br />2017/18 <br />450.52 <br />70.22 <br />520.74 <br />2018/19 <br />459.52 <br />70.22 <br />529.74 <br />2019/20 <br />468.72 <br />70.22 <br />538.74 <br />2020/21 <br />478.10 <br />70.22 <br />548.32 <br />2021/22 <br />487.66 <br />70.22 <br />557.88 <br />2022/23 <br />497.40 <br />70.22 <br />567.62 <br />2023/24 <br />507.36 <br />70.22 <br />577.58 <br />2024/25 <br />517.50 <br />70.22 <br />587.72 <br />2025/26 <br />527.86 <br />70.22 <br />598.08 <br />(1) The Additional Reserve Fund will not be collected in Fiscal Year 2012/13. The <br />Reserve Fund has been fully funded. <br />For Fiscal Year 2026/27 and thereafter, the amount of the maximum assessment shall <br />be increased each year using the same formula used above. <br />City of San Leandro Heron Bay Maintenance Assessment District No. 96 -3 Page 8 <br />
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