Laserfiche WebLink
Additional <br /> Basic Annual Max Assmt Reserve Total <br /> Y ar Assessment (including cost-of-living Fund* Max Assmt <br /> increase) <br /> 24 (FY `19-'20) $468.72/unit/yr $70.22* $538.74/unit/yr <br /> 25 (FY `20-'21) $478.10/unit/yr $70.22* $548.32/unit/yr <br /> 26 (FY `21-'22) $487.66/unit/yr $70.22* $557.88/unit/yr <br /> 27 (FY `22-'23) $497.40/unit/yr $70.22* $567.62/unit/yr <br /> 28 (FY `23-'24) $507.36/unit/yr $70.22* $577.58/unit/yr <br /> 29 (FY `24-'25) $517.50/unit/yr $70.22* $587.72/unit/yr <br /> 30 (FY `25-'26) $527.86/unit/yr $70.22* $598.08/unit/yr <br /> For year 31 and thereafter, the amount of the maximum assessment shall be increased each <br /> year using the same formulae used above. <br /> *The "Additional Reserve Fund" of$70.22/unit will be included in the assessment levied for <br /> each of the first five years. Beginning with the sixth year (FY `01-'02), and for each year <br /> thereafter, this "Additional Reserve Fund" will only be levied to the extent necessary to <br /> replenish the monies spent from the Reserve Fund during the previous year for maintenance <br /> costs which exceeded the "Annual Maximum Assessment" income. <br /> Exhibit B 7 of 7 <br /> 13 <br />