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File Number: 13-288 <br />Analysis <br />Services to the District are provided by the following: the City of San Leandro Public Works <br />Department; the County of Alameda Public Works Agency ; outside consultants; and outside <br />contractors. In addition to the maintenance of the facilities, the marshland will be monitored to <br />confirm its health and feral animals will be removed from the area. The total cost of these <br />services for FY 2013-14 is estimated at $368,991. <br />The District fund balance is estimated to be $299,998 at the end of FY 2013-14. In <br />accordance with the District rules, $300,000 of the funds must be held as a maintenance <br />reserve for capital improvements and unexpected or emergency repairs. <br />Fund Balance end of FY 2012-13 estimated $324,409.00 <br />Maintenance costs FY 2013-14 estimated ($368,991.00) <br />FY 2013-14 Assessments $339,858.98 <br />Interest Income FY 2012-13 estimated $4,721.00 <br />Fund Balance at end of FY 2013-14 estimated $299,997.98 <br />The Annual Engineer's Report includes the following: <br />·Description of improvements maintained by funds provided by the District <br />·Budget based upon estimated costs for FY 2013-14 <br />·Table of maximum annual assessments , method of apportionment, and calculation of <br />proposed assessment <br />·Reference to location of Assessment Diagram for District <br />·Assessment Roll showing each property to be assessed and the amount of assessment <br />The maximum recommended assessments and annual adjustment for FY 2013-14 are as <br />follows: <br />FY 2013-14 Proposed <br />FY 2012-13 Maximum FY 2013-14 <br />Housing Type and Assessment Per Unit Assessment <br />Number of Units Per Unit (not incl. reserve fund)Per Unit <br />451 Single-Family Units $482.95 $624.34 $596.60 <br />178 Motor Court Units $321.94 $416.20 $397.71 <br />Total Assessments $275,115.77 $355,660.94 $339,858.98 <br />The proposed assessment represents a 23.5% increase over last year’s assessment . Two <br />years ago, the assessment was reduced by 47% in order to spend down a large reserve <br />balance. Hence, this year’s increase represents the last of a two year restoration period to <br />reach equalization between revenue and expenditure for the district. <br />Previous Actions <br />Page 2 City of San Leandro Printed on 6/25/2013