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<br />16 <br /> <br />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 /> <br />4 - Program Management And Corporate Operations: $ 60,750 17 % <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 /> <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 /> <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 /> <br /> Delinquencies County costs <br />Benefit Zone 1 Yes Yes <br />Benefit Zone 2 Yes Yes <br /> <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 /> <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 /> <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