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City of Pleasanton <br />Landscape Maintenance District No. 1993-1, Windsor <br />Engineer’s Report <br /> <br />Page 19 <br /> <br />Notes to Estimate of Costs <br />1. ConƟngency to address maintenance that is not rouƟne in nature, such <br />as repair or replacement of broken irrigaƟon valves and lines or <br />pruning/removing failed trees or tree limbs. <br />2. The HOA has accepted responsibility for the water costs. <br />3. Incidental and administraƟon cost esƟmates include City staff hours <br />dedicated to the administraƟon of the assessment (including staff Ɵme <br />to bid work, monitor contracts and contractors, respond to residents’ <br />inquiries, etc.), county charges for inclusion of assessments on property <br />tax bills, and other incidental costs. <br />4. The district’s capital repair and replacement anƟcipated year-end fund <br />balance is approximately $6,200. The projected 2026-27 expenses <br />reflect a reduced amount of maintenance to begin to recover the <br />deficit, although it is likely that the irrigaƟon system will conƟnue to fail <br />and cause significant expenses due to loss of water and repair costs. <br />The reserve fund is running as a deficit and no other city funds have <br />been impacted by the deficit. Reserve/replacement funds will go <br />toward paying Windsor’s deficit and are held in an interest-bearing <br />account unƟl needed for repairs to the irrigaƟon system, landscaping <br />or other District features. <br />5. The rate shown here is for a single-family home or its equivalent. For <br />the definiƟon of the term Single Family Equivalent (SFE) and rates for <br />other types of property, see the secƟon Ɵtled, “Method of Assessment” <br />and the secƟons following it in this report. <br />6. The Act requires that proceeds from the assessments must be <br />deposited into a special fund that has been set up for the revenues <br />and expenditures of the Maintenance District. Moreover, funds raised <br />by the assessment shall be used only for the purposes stated within <br />this Report. Any balance remaining at the end of the Fiscal Year, June <br />30, must be carried over to the next Fiscal Year. The District may also <br />establish a reserve fund for conƟngencies and special projects as well <br />as a capital improvement fund for accumulaƟng funds for larger <br />capital improvement projects or capital renovaƟon needs. Any <br />Page 140 of 617