8I Consent 2014 0707 - Laserfiche WebLink

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City of San Leandro Heron Bay Maintenance Assessment District No. 96-3 Page 9 Reserve Fund" will only be levied to the extent necessary to replenish the monies spent from the Reserve Fund during the previous year for maintenance costs which exceed the "annual Maximum Assessment" income. The District Reserve Fund was fully funded as of June 30, 2001; therefore the "Additional Reserve Fund" will not be collected in Fiscal Year 2014/2015. The table below reflects the basic assessment, annual maximum assessment including a cost of living increase, the additional reserve fund component and the total maximum assessment for motor court units per year through Fiscal Year 2025/26. Motor Court Maximum Assessments Fiscal Year Annual Maximum Assessment per unit per year (Including cost-of-living increase) Additional Reserve Fund (1) Total Maximum Assessment per unit per year 1996/97 $297.24$70.22$367.46 1997/98 $303.18$70.22$373.40 1998/99 $309.24$70.22$379.46 1999/00 $315.42$70.22$385.64 2000/01 $321.74$70.22$391.96 2001/02 $328.18$70.22$398.40 2002/03 $334.74$70.22$404.96 2003/04 $341.44$70.22$411.66 2004/05 $348.26$70.22$418.48 2005/06 $355.22$70.22$425.44 2006/07 $362.32$70.22$432.54 2007/08 $369.58$70.22$439.80 2008/09 $376.98$70.22$447.20 2009/10 $384.52$70.22$454.74 2010/11 $392.20$70.22$462.42 2011/12 $400.04$70.22$470.26 2012/13 $408.04$70.22$478.26 2013/14 $416.20$70.22$486.42 2014/15 $424.54$70.22$494.76 2015/16 $433.02$70.22$503.24 2016/17 $441.68$70.22$511.90 2017/18 $450.52$70.22$520.74 2018/19 $459.52$70.22$529.74 2019/20 $468.72$70.22$538.74 2020/21 $478.10$70.22$548.32 2021/22 $487.66$70.22$557.88 2022/23 $497.40$70.22$567.62 2023/24 $507.36$70.22$577.58 2024/25 $517.50$70.22$587.72 2025/26 $527.86$70.22$598.08 (1) The Additional Reserve Fund will not be collected in Fiscal Year 2014/15. The Reserve Fund has been fully funded.