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File Number: 18-278 <br />copy of the Assessment Roll is attached to the Resolution ordering the levy and collection of <br />assessments. <br />Analysis <br />Services to the District are provided by the City of San Leandro’s Engineering & Transportation, <br />Public Works, and Police Departments; the County of Alameda Public Works Agency; outside <br />consultants; and outside contractors. The services cover maintenance of the facilities, monitoring <br />of the marshland to confirm its health, feral animal removal, capital improvements, and <br />administration. The cost of services for FY 2018-19 is estimated at $417,500. <br />The District reserve fund balance is estimated to be $592,196 at the end of FY 2017-18. In <br />accordance with District rules, $300,000 of the funds must be held in reserve for capital <br />improvements including unexpected or emergency repairs. <br />Reserve Fund Balance FY 2017-18 estimate $592,196 <br />Maintenance costs FY 2018-19 estimate ($417,500) <br />FY 2018-19 Assessments $366,433 <br />Interest Income FY 2018-19 estimate $3,300 <br />Reserve Fund Balance FY 2018-19 estimate $544,429 <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 2018-19 <br />·Table of maximum annual assessments, method of apportionment, and calculation of <br />proposed assessment <br />·Reference to an Assessment Diagram for the District <br />·Assessment Roll showing each property to be assessed and the amount of the assessment <br />The maximum recommended assessments and annual adjustments for FY 2017-18 are as <br />follows: <br />FY 2018-19 FY 2018-19 <br />FY 2017-18 Estimated Annual Proposed <br />Housing Type and Assessment Levy at Maximum Assessment <br />Number of Units (excludes reserve fund) <br />451 Single-Family Units $284,428 $310,883 $290,110 <br />178 Motor Court Units $74,828 $81,795 $76,323 <br />Total Assessments $359,256 $392,678 $366,433 <br />The proposed assessment represents a modest increase above last year’s assessment. The <br />reserve balance is higher than average because funding has been set aside to complete <br />maintenance activities that cost more than a single year’s allocation. Planning and design <br />activities are continuing for shoreline protection to maintain portions of the Bay Trail. <br />Page 2 City of San Leandro Printed on 7/10/2018