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Page 15 <br /> Notes for Estimates of Costs <br /> 1. Incidental and administration cost estimates include City staff hours <br /> dedicated to the administration of the assessment(including staff time to bid <br /> work, monitor contracts and contractors, respond to residents' inquiries, <br /> etc.), county charges for inclusion of assessments on property tax bills, and <br /> other incidental costs. <br /> 2. If approved,the existing Fund 134 balance(approximately$73,260 as of April <br /> 2026) will be transferred to the new Ponderosa-Del Prado Landscape <br /> Maintenance District 2026-1. <br /> 3. As determined in the Benefit Findings section, at least 24.51% of the <br /> expenditures must be funded from sources other than the assessments to <br /> cover any general benefits. Therefore, out of the total cost of $84,224, the <br /> City must contribute at least 24.51% from other sources. The City will <br /> contribute in-kind, non-monetary contributions conservatively estimated at <br /> 50% of the total district cost, which more than covers any general benefits <br /> from the expenditures. For additional information, see 'Source of <br /> Contributions from Other Funds'on page 23. <br /> 4. The rate shown here is for a single-family home or its equivalent. For the <br /> definition of the term Single-Family Equivalent(SFE)and rates for other types <br /> of property,see the section titled, "Method of Assessment"and the sections <br /> following it in this report. <br /> 5. The Act requires that proceeds from the assessments must be deposited into <br /> a special fund that has been set up for the revenues and expenditures of the <br /> Maintenance District. Moreover, funds raised by the assessment shall be <br /> used only for the purposes stated within this Report. Any balance remaining <br /> at the end of the Fiscal Year,June 30, must be carried over to the next Fiscal <br /> Year. The District may also establish a reserve fund for contingencies and <br /> special projects as well as a capital improvement fund for accumulating funds <br /> for larger capital improvement projects or capital renovation needs. Any <br /> remaining balance would either be placed in the reserve fund, the capital <br /> improvement fund, or would be used to reduce future years' assessments. <br /> The proposed Assessment District reserve/replacement funds will be held in <br /> an interest bearing account until needed for repairs to the irrigation system, <br /> landscaping or other District features. <br /> City of Pleasanton <br /> Ponderosa-Del Prado Landscape Maintenance District 2026-1 SClConsultingGroup <br /> Engineer's Report Public finance Consulting Service, <br />