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Home My WebLink AboutROPS 2026-014 Palm DesertRecognized Obligation Payment Schedule (ROPS 26-27) - Summary Filed for the July 1, 2026 through June 30, 2027 Period Successor Agency: Palm Desert County: Riverside Current Period Requested Funding for Enforceable Obligations (ROPS Detail) A Enforceable Obligations Funded as Follows (B+C+D) B Bond Proceeds C Reserve Balance D Other Funds E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) F RPTTF G Administrative RPTTF H Current Period Enforceable Obligations (A+E) Certification of Oversight Board Chairman: Pursuant to Section 34177 (o) of the Health and Safety code, I hereby certify that the above is a true and accurate Recognized Obligation Payment Schedule for the above named successor agency. 26-27A Total 26-27B Total ROPS 26-27 (July - (January - Total December) June) $ 276,286 $ 4,980 $ 281,266 276,286 4,980 281,266 $ 9,402,679 $ 9,346,902 $ 18,749,581 9,402,679 9,032,417 18,435,096 - 314,485 314,485 $ 9,678,965 $ 9,351,882 $ 19,030,847 Russ Martin, Chairman Name Title kwsAlag/'4 01/15/2026 /S/ Russ Martin (Jan 22, 2026 09:42:16 PST) Signature Date Palm Desert Recognized Obligation Payment Schedule (ROPS 26-27) - ROPS Detail July 1, 2026 through June 30, 2027 A. B C D E F G H I J K L M N 0 P O R S TI U V W ROPS 26-27A (Jul - Dec) ROPS 26.278 (Jan - Jun) Item Obligation Agreement Agreement Total A 2T B 2Tottaal Fund Sources Sources Project Name Execution Termination Payee Description AreaProje Outstanding Retired 26-27 Total tal TFund Date Date Obligation Bond Reserve Other RPTTF Admin Bond Reserve Other RPTTF Admin Proceeds Balance Funds RPTTF Proceeds Balance Funds RPTTF $506,711,200 $19,030,847 $- $- $276,286 $9,402,679 $- $9,678,965 $- $- $4,980 $9,032,417 $314,485 $9,351,882 9 Indian Litigation 02/27/ 02/27/2039 Indian Judgement 1 6,676,074 N $139,672 - - - 69,836 $69,836 - - - 69,836 - $69,836 Springs 2009 Springs related to Stipulated Mobilehome ISMHP Agreement Park 32 Stipulated Litigation 11/20/ 11/25/2032 Various Duties 1 221,173,384 N $- - - - - $- - - - - - $- Judgement 1991 required Case No. under said 51124 court order. Desert Rose, Etc. PDHA subsidy for 1,100 Afford Units 43 Agency Property 07/01/ 06/30/2028 Utilities, Agency 1 375,000 N $80,000 - - - 40,000 $40,000 - - - 40,000 - $40,000 Owned Maintenance 2013 Maint owned Properties Services, properties HOA Dues, monthly Etc. carrying costs prior to disposition. 44 Additional Fees 07/01/ 06130/2042. Willdan Additional 1 30,000 N $1,500 - - - 750 - $750 - - - 750 - $750 Disclosures 2013 disclosures on TAB's that will be required to report changes in the allocation of tax increment and the payment on tax allocation bonds due to AB 26. These disclosures would not have been necessary without this legislative change. 56 2003 Tax Bonds 03/12/ 08/01/2033 US Bank Semi -Annual 2 13,884,750 N $1,978,750 - - 286,875 - $286,875 - - - 1,691,875 - $1,691,875 A B C D E F G H I J K L MI N O P Q R ST U V W ROPS 26-27A (Jul - Dec) ROPS 26-27B (Jan - Jun) Item Obligation Agreement Agreement Project Total ROPS 26-27A 26-27B Fund Sources Fund Sources Project Name Type ExDion anon Termination Payee Description Area Outstanding Retired 26.27 Total Total Total Date Date Obligation Bond Reserve Other RPTTF Admin Bond Reserve Other RPTTF Admin Proceeds Balance Funds RPTTF Proceeds Balance Funds RPTTF Allocation Issued On or 2003 Debt Service Bond Issue - Before 12/ Payment $15,745,000 31/10 61 City Loan for City/County 12/05/ 07/15/2038 City of Palm Formation of 2 7,890,000 N $- - - - - - $- - - - - $- formation of Loan (Prior 1986 Desert PA/Prop Project Area 06/28/11), Acquisition No. 2-1986 Cash exchange 86 Stipulated Litigation 11/20/ 07/15/2038 Various Duties 2 63,072,039 N $- - - - - - $- - - - - $- Judgement 1991 required Case No. under said 51124 court order. Vineyards, Emerald Brook (Palm Desert 103) PDHA subsidy for 1,100 Afford Units 119 Stipulated Litigation 11/20/ 07/15/2038 Various Duties 3 16,602,589 N $- - - - - - $- - - - $- Judgement 1991 required Case No. under said 51124 court order. Falcon Crest Afford Housing Dev Homeowners at lots 1 through 93, et al. PDHA Subsidy for 1,100 Affordable Units 160 Stipulated Litigation 11/20/ 07/15/2038 Various Duties 4 49,236,464 N $- - - - - - $- - - - - - $- Judgement 1991 required Case No. under said 51124 court order. PDHA subsidy for 1,100 Affordable Units 189 Project Area Admin Costs 11/25/ 07/19/2044 Various Allowable 1-4 5,466,275 N $595,751 - - 276,286 - $276,286 - - 4,980 - 314,485 $319,465 Administration 1981 Costs per Admin Plan - staff, utilities, professional A B C D E F G H I J K L MI N O P Q R ST U V W ROPS 26-27A (Jul - Dec) ROPS 26-27B (Jan - Jun) Item Obligation Agreement Agreement Project Total ROPS 26-27A 26-27B Fund Sources Fund Sources Project Name Type Execution Termination Payee Description Area Outstanding Retired 26.27 Total Total Total Date Date Obligation Bond Reserve Other RPTTF Admin Bond Reserve Other RPTTF Admin Proceeds Balance Funds RPTTF Proceeds Balance Funds RPTTF services, etc. 190 Costs Property 07/01/ 06/30/2028 City of Palm Remediation 1-4 315,000 N $30,000 - - - 15,000 $15,000 - - - 15,000 - $15,000 Associated Dispositions 2013 Desert of Health with and Safety Disposition of Issues and Assets costs related to sale of properties owned by former RDA 192 2017 NHA Bonds 01/23/ 10/01/2033 US Bank Semi -Annual 1-4 25,229,250 N $6,346,375 - - - 3,176,250 - $3,176,250 - - - 3,170,125 - $3,170,125 Tax Allocation Issued After 2017 Debt Service Refunding 12/31/10 Payment Bond Issue - $52,390,000 193 2017 NHB Bonds 01/23/ 10/01/2041 US Bank Semi -Annual 1-4 92,647,419 N $9,176,156 - - - 5,473,584 - $5,473,584 - - 3,702,572 - $3,702,572 Tax Allocation Issued After 2017 Debt Service Refunding 12/31/10 Payment Bond Issue - $140,130,000 194 2017 HA Tax Bonds 01/23/ 10/01/2031 US Bank Semi -Annual HA 4,112,956 N $682,643 - - - 340,384 - $340,384 - - - 342,259 - $342,259 Allocation Issued After 2017 Debt Service Refunding 12/31/10 Payment Bond Issue - $7,365,000 Palm Desert Recognized Obligation Payment Schedule (ROPS 26-27) - Report of Cash Balances July 1, 2023 through June 30, 2024 (Report Amounts in Whole Dollars) Pursuant to Health and Safety Code section 34177 (I), Redevelopment Property Tax Trust Fund (RPTTF) may be listed as a source of payment on the ROPS, but only to the extent no other funding source is available or when payment from property tax revenues is required by an enforceable obligation. A B C D E F G H Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Prior ROPS ROPS 23-24 Cash Balances RPTTF and Comments (07101/23 - 06130/24) Bonds issued Bonds issued Reserve Rent, grants, Non-Admin on or before 12/31/10 on or after 01/01/11 Balances retained interest, etc. and Admin for future period(s) 1 Beginning Available Cash Balance (Actual 07101123) 448,376 245,052 405,951 Reserve Bal = 22/23 - 25/26 for future RPTTF amount should exclude "A" period distribution periods; Other Funds = FMV adjustment; amount. RPTTF PPA Balances for 23/24 - $202,267; 24/25 - $137,963; 25/26 0 $65,721 2 Revenuelincome (Actual 06/30/24) 36,214 20,539,773 RPTTF Distribution for 23/24A - $9,808,312; RPTTF amount should tie to the ROPS 23-24 total 23/246 - $10,731,461 distribution from the County Auditor -Controller 3 Expenditures for ROPS 23-24 Enforceable Obligations 153,220 20,654,372 RPTTF Actual for FY 23/24 - $20,007,645; (Actual 06/30124) Admin FY 23/24 - $646,727 4 Retention of Available Cash Balance (Actual 06130/24) 295,156 203,684 PY from other funds of 448,376 + PY (22-23 RPTTF amount retained should only include the amounts thru 25-26) Other Funds Reserves less Exp distributed as reserve for future period(s) $153,220 AND RPTTF Balance of $137,963 FY 24/25 + 65,721 FY 25/26 5 ROPS 23-24 RPTTF Prior Period Adjustment No entry required RPTTF amount should tie to the Agency's ROPS 23-24 PPA form submitted to the CAC 6 Ending Actual Available Cash Balance (06130/24) $- $- $- $281,266 $87,668 Matches current PPA FY 26/27 C to F=(1+2-3-4), G=(1+2-3-4-5) Palm Desert Recognized Obligation Payment Schedule (ROPS 26-27) - Notes July 1, 2026 through June 30, 2027 Item # Notes/Comments 9 32 Do not retire 43 44 56 61 Do not retire 86 Do not retire 119 Do not retire 160 '�. Do not retire 189 190 192 193 194