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Reso 2002-110
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Reso 2002-110
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8/23/2013 10:56:23 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
7/15/2002
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4.6. Calculation of Fiscal Year 2002/03 Assessments <br /> The Fiscal Year 2002/03 assessments are calculated as follows: <br /> CALCULATION OF NET ASSESSMENTS FOR FY 2002/03 <br /> Total Estimated District Costs Fiscal Year 2002/03 $229,076.00 <br /> CALCULATION OF MAXIMUM ASSESSMENTS FOR FY 2002/03 <br /> 451 Single Family Detached Lots @$502.12 per lot per year $226,456.12 <br /> 178 Motor Court Units @$334.74 per unit per year 59,583.72 <br /> MAXIMUM ALLOWABLE TOTAL ASSESSMENTS FY 2002/03 $286,039.84 <br /> CALCULATION OF ACTUAL ASSESSMENTS FOR FY 2002/03 <br /> Total Estimated District Costs Fiscal Year 2002/03 $229,076.00 <br /> Total Assessments at Maximum Rates 286,039.84 <br /> ACTUAL ASSESSMENTS AS A PERCENT OF MAXIMUM 80.09% <br /> Single Family Detached Rate$502.12 x 80.09%_$402.14 per lot <br /> Motor Court Unit Rate$334.74 x 80.09%=$268.10 per lot <br /> ACTUAL ASSESSMENTS FOR FY 2002/03 <br /> 451 Single Family Detached Lots @$402.14 per lot per year $181,365.14 <br /> 178 Motor Court Units @$268.10 per unit per year 47,721.80 <br /> ACTUAL ASSESSMENTS FY 2002/03 $229,086.94 <br /> FY 2002/03 ASSESSMENTS ARE AT 80.09%OF MAXIMUM <br /> 4-5 <br />
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