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File Number: 15-366 <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 cost of these services <br />for FY 2015-16 is estimated at $372,249.98. <br />The District reserve fund balance is estimated to be $300,006.13 at the end of FY 2015-16. <br />In accordance with District rules, $300,000 of the funds must be held in reserve for capital <br />improvements and unexpected or emergency repairs. <br />Reserve Fund Balance FY 2014-15 estimate $324,000.00 <br />Maintenance costs FY 2015-16 estimate ($372,260.62) <br />FY 2015-16 Assessments $343,539.62 <br />Interest Income FY 2015-16 estimate $4,721.00 <br />Reserve Fund Balance FY 2015-16 estimate $300,000.00 <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 2015-16 <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 adjustments for FY 2015-16 are as <br />follows: <br />FY 2015-16 FY 2015-16 <br />FY 2014-15 Estimated Annual Proposed <br />Housing Type and Assessment Levy at Maximum Assessment <br />Number of Units (excludes reserve fund) <br />451 Single-Family Units $269,400.34 $292,951.56 $271,980.06 <br />178 Motor Court Units $70,883.16 $77,077.56 $71,559.56 <br />Total Assessments $340,283.50 $370,029.12 $343,539.62 <br />The proposed assessment represents a minimal increase above last year’s assessment. <br />Maintenance items that are not critical have been deferred to allocate attendant costs over <br />several fiscal years. However, maintenance items at the end of their life span, such as the <br />tidal gates, will be repaired in FY 2015-16. <br />Page 2 City of San Leandro Printed on 7/14/2015