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<br />City of San Leandro Heron Bay Maintenance Assessment District No. 96-3 Page 9 <br />Single Family Detached Maximum Assessments <br />Fiscal Year <br />Annual Maximum <br />Assessment per lot per <br />year (Including cost- <br />of-Iiving increase) <br />Additional <br />Reserve Fund (1) <br />Total Maximum <br />Assessment <br />per lot per year <br />1996/97 $445.88 $105.32 $551.20 <br />1997/98 $454.80 $105.32 $560.12 <br />1998/99 $463.88 $105.32 $569.20 <br />1999/00 $473.18 $105.32 $578.50 <br />2000/01 $482.64 $105.32 $587.96 <br />2001/02 $492.28 $105.32 $597.60 <br />2002/03 $502.12 $105.32 $607.44 <br />2003/04 $512.18 $105.32 $617.50 <br />2004/05 $522.42 $105.32 $627.74 <br />2005/06 $532.86 $105.32 $638.18 <br />2006/07 $543.52 $105.32 $648.84 <br />2007/08 $554.40 $105.32 $659.72 <br />2008/09 $565.48 $105.32 $670.80 <br />2009/10 $576.80 $105.32 $682.12 <br />2010/11 $588.32 $105.32 $693.64 <br />2011/12 $600.10 $105.32 $705.42 <br />2012/13 $612.10 $105.32 $717.42 <br />2013/14 $624.34 $105.32 $729.66 <br />2014/15 $636.82 $105.32 $742.14 <br />2015/16 $649.56 $105.32 $754.88 <br />2016/17 $662.56 $105.32 $767.88 <br />2017/18 $675.80 $105.32 $781.12 <br />2018/19 $689.32 $105.32 $794.64 <br />2019/20 $703.10 $105.32 $808.42 <br />2020/21 $717.16 $105.32 $822.48 <br />2021/22 $731.50 $105.32 $836.82 <br />2022/23 $746.14 $105.32 $851.46 <br />2023/24 $761.06 $105.32 $866.38 <br />2024/25 $776.28 $105.32 $881.60 <br />2025/26 $791.80 $105.32 $897.12 <br />(1) The additional Reserve Fund will be collected in Fiscal Year 2023/2024. <br />*Maximum Assessment calculation rounded down to the nearest even decimal. <br /> <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 />be levied to the extent necessary to replenish the monies spent from the Reserve Fund