Laserfiche WebLink
Single Family Detached Maximum Assessments <br />Annual <br />Assessment <br />(including <br />Fiscal Year of -living <br />1996/97 <br />Maximum <br />per lot per <br />cost- <br />increase) <br />$445.88 <br />IMMRF�� <br />Additionalyear <br />Reserve Fund (1) <br />$105.32 <br />Total <br />per lot per year <br />$551.20 <br />1997/98 <br />$454.80 <br />$105.32 <br />$560.12 <br />1998/99 <br />$463.88 <br />$105.32 <br />$569.20 <br />1999/00 <br />$473.18 <br />$105.32 <br />$578.50 <br />2000/01 <br />$482.64 <br />$105.32 <br />$587.96 <br />2001/02 <br />$492.28 <br />$105.32 <br />$597.60 <br />2002/03 <br />$502.12 <br />$105.32 <br />$607.44 <br />2003/04 <br />$512.18 <br />$105.32 <br />$617.50 <br />2004/05 <br />$522.42 <br />$105.32 <br />$627.74 <br />2005/06 <br />$532.86 <br />$105.32 <br />$638.18 <br />2006/07 <br />$543.52 <br />$105.32 <br />$648.84 <br />2007/08 <br />$554.40 <br />$105.32 <br />$659.72 <br />2008/09 <br />$565.48 <br />$105.32 <br />$670.80 <br />2009/10 <br />$576.80 <br />$105.32 <br />$682.12 <br />2010/11 <br />$588.32 <br />$105.32 <br />$693.64 <br />2011/12 <br />$600.10 <br />$105.32 <br />$705.42 <br />2012/13 <br />$612.10 <br />$105.32 <br />$717.42 <br />2013/14 <br />$624.34 <br />$105.32 <br />$729.66 <br />2014/15 <br />$636.82 <br />$105.32 <br />$742.14 <br />2015/16 <br />$649.56 <br />$105.32 <br />$754.88 <br />2016/17 <br />$662.56 <br />$105.32 <br />$767.88 <br />2017/18 <br />$675.80 <br />$105.32 <br />$781.12 <br />2018/19 <br />$689.32 <br />$105.32 <br />$794.64 <br />2019/20 <br />$703.10 <br />$105.32 <br />$808.42 <br />2020/21 <br />$717.16 <br />$105.32 <br />$822.48 <br />2021/22 <br />$731.50 <br />$105.32 <br />$836.82 <br />2022/23 <br />$746.14 <br />$105.32 <br />$851.46 <br />2023/24 <br />$761.06 <br />$105.32 <br />$866.38 <br />2024/25 <br />$776.28 <br />$105.32 <br />$881.60 <br />2025/26 <br />$791.80 <br />$105.32 <br />$897.12 <br />(') The additional Reserve Fund will not be collected in Fiscal Year 2016/2017. The Reserve Fund <br />has been fully funded. <br />*Maximum Assessment calculation rounded down to the nearest even decimal. <br />D. Maximum Assessments for Motor Court Units <br />There are one hundred seventy-eight (178) subdivided motor court units within the District. <br />Each of the planned motor court units is deemed to receive proportional special benefit <br />from the maintenance and operation of the improvements. When the District was formed <br />in Fiscal Year 1996/1997, a basic assessment, per lot per year was established for the <br />motor court units. In addition, an annual maximum assessment was also established for <br />each future year, which included a cost of living increase to allow for reasonable increases <br />in maintenance costs. An additional reserve fund of $70.22 per unit will be included in the <br />motor court assessment per unit for each of the first five years. Beginning with the sixth <br />year (FY 2001/2002), and for each year thereafter, this "Additional Reserve Fund" will only <br />