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Future rresidential condo individually assessed parcels will be assessed as a separate category. <br />These residential condo individually assessed parcels will be assessed for their building square <br />footage only at the rate of $0.20 per square foot per year. <br />4 - Program Management And Corporate Operations: $ 60,750 <br />Examples of these special benefit services and costs include, but are not limited to: <br />• Staff and administrative costs <br />• Directors and Officers Insurance <br />• Office related expenses <br />• Rent <br />• Financial reporting and accounting <br />• Legal work <br />Benefit Zone 1 Benefit Zone 2 <br />Staffing Yes Yes <br />Office related expenses Yes Yes <br />General Liability and Insurance Yes Yes <br />Accounting Yes Yes <br />Legal Yes Yes <br />17% <br />5 - Contingency /Reserve: $14,128.00 4% <br />Examples of these special benefit services and costs include, but are not limited to: <br />• Delinquencies <br />• Reserves <br />• City and county administration costs <br />Benefit Zone 1 <br />Benefit Zone 2 <br />Delinquencies <br />Yes <br />Yes <br />County costs <br />Yes <br />Yes <br />Fifteen -Year Operating Budget: <br />A projected fifteen -year operating budget for the Downtown San Leandro CBD is provided <br />below. The projections are based upon the following assumptions: <br />• Assessments will be subject to changes in the Alameda County Consumer Price Index <br />(CPI), with annual increases not to exceed 3% per year. <br />• Increases will be determined by the District Management Corporation and in no case <br />shall annual increases exceed 3% per year. <br />The budget for specific programs may be reallocated within the categories by up to 10% of each <br />budget category. The Management Corporation Board may alter the budget based upon <br />service needs and such changes shall be included in the Annual report and submitted to the <br />16 <br />