HomeMy WebLinkAboutROPS 1617 OB ApproveSuccessor Agency:Palm Desert
County:Riverside
Current Period Requested Funding for Enforceable Obligations (ROPS Detail) 16-17A Total 16-17B Total
ROPS 16-17
Total
A 4,399,911$ -$ 4,399,911$
B 850,000 - 850,000
C 3,549,911 - 3,549,911
D - - -
E 17,575,807$ 17,348,828$ 34,924,635$
F 17,063,890 16,843,522 33,907,412
G 511,917 505,306 1,017,223
H Current Period Enforceable Obligations (A+E):21,975,718$ 17,348,828$ 39,324,546$
Name Title
/s/
Signature Date
Recognized Obligation Payment Schedule (ROPS 16-17) - Summary
Filed for the July 1, 2016 through June 30, 2017 Period
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund (RPTTF) Funding
Sources (B+C+D):
Non-Administrative Costs
Enforceable Obligations Funded with RPTTF Funding (F+G):
Bond Proceeds Funding
Reserve Balance Funding
Other Funding
Administrative Costs
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.
A B C D E F G H I J K L M N O P Q R S T U V W
Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Bond Proceeds Reserve Balance Other Funds Non-Admin Admin
$ 864,036,223 $ 39,324,546 $ 850,000 $ 3,549,911 $ - $ 17,063,890 $ 511,917 $ 21,975,718 $ - $ - $ - $ 16,843,522 $ 505,306 $ 17,348,828
1 2002 Tax Allocation Refunding Bond Bonds Issued On or Before 2/28/2002 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 33,070,508 N $ 1,114,666 557,333 $ 557,333 557,333 $ 557,333
2 2003 Tax Allocation Bond Issue -
$19,000,000
Bonds Issued On or Before
12/31/10
7/15/2003 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 20,000,750 N $ 633,000 316,500 $ 316,500 316,500 $ 316,500
3 2004 Tax Allocation Bond Issue -
$24,945,000
Bonds Issued On or Before
12/31/10
6/9/2004 4/1/2025 Wells Fargo Bank Semi-Annual Debt Service Payment 1 15,591,675 N $ 1,923,463 1,644,250 $ 1,644,250 279,213 $ 279,213
4 2006 Tax Allocation Bond Issue -
$62,320,000
Bonds Issued On or Before
12/31/10
6/22/2006 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 47,849,943 N $ 2,889,446 1,957,223 $ 1,957,223 932,223 $ 932,223
5 2007 Tax Allocation Bond Issue -
$32,600,000
Bonds Issued On or Before
12/31/10
12/13/2006 4/1/2018 Wells Fargo Bank Semi-Annual Debt Service Payment 1 7,615,250 N $ 3,843,250 3,751,250 $ 3,751,250 92,000 $ 92,000
7 2002 Housing Tax Allocation Bond
Issue - $12,000,000
Bonds Issued On or Before
12/31/10
8/21/2002 10/1/2031 Wells Fargo Bank Semi-Annual Debt Service Payment 1 11,677,012 N $ 771,280 198,140 $ 198,140 573,140 $ 573,140
8 2007 Housing Tax Allocation Bond
Issue - $87,056,348
Bonds Issued On or Before
12/31/10
1/25/2007 10/1/2027 Wells Fargo Bank Semi-Annual Debt Service Payment 1 54,316,500 N $ 8,477,438 1,041,219 $ 1,041,219 7,436,219 $ 7,436,219
9 Indian Springs Stipulated Agreement Litigation 2/27/2009 2/27/2039 Indian Springs Mobilehome
Park
Judgement related to ISMHP 1 8,072,802 N $ 139,674 69,837 $ 69,837 69,837 $ 69,837
10 L/M Housing Fund Loan SERAF/ERAF 6/30/2010 6/30/2017 Palm Desert Housing
Authority
2009/10 SERAF Loan Repayment 1 6,684,981 N $ 4,108,676 4,108,676 $ 4,108,676 $ -
14 Alessandro Alleyway Improvement/Infrastructure 2/28/2011 6/30/2017 Prest Vuksic Architects Payments per existing contract for
public parking improvements along
commercial corridor.
1 - N $ - $ - $ -
29 El Paseo Revitlization Improvement/Infrastructure 7/10/2008 6/30/2017 Forma Design, Inc Payments for existing contract for
public improvements in the central
business district and commercial
corridor.
1 - N $ - $ - $ -
31 Vested Pension Obligation-CalPERS Unfunded Liabilities 11/25/1981 11/25/2032 RDA Assigned Employees Obligation based on accrued leaves
and current MOU.
1 1,067,127 N $ 426,850 213,425 $ 213,425 213,425 $ 213,425
32 Stipulated Judgement Case No.
51124
Litigation 11/20/1991 11/25/2032 Various Duties required under said court order.
Desert Rose, Etc. PDHA subsidy for
1,100 Afford Units
1 221,173,384 N
36 FW Drive Widening Improvements Improvement/Infrastructure 11/3/2009 6/30/2016 Ecorp Consulting 16409 Payments on existing contracts for
street improvements along Fred
Waring Drive.
1 - Y $ - $ - $ -
37 FW Drive Widening Improvements Improvement/Infrastructure 4/28/2011 6/30/2016 NAI Consulting 17352 Payments on existing contracts for
street improvements along Fred
Waring Drive.
1 - Y $ - $ - $ -
38 Portola Wall & Sidewalk Imps Improvement/Infrastructure 5/22/2008 6/30/2017 David Evans & Associates
15197
Payments on existing contract for
public improvements relative to the
Portola Avenue Wall and Sidewalk
Relocation project.
1 - N $ - $ - $ -
43 Agency Owned Properties Property Maintenance 7/1/2013 6/30/2017 Utilities, Maint Services,
HOA Dues, Etc.
Agency owned properties monthly
carrying costs prior to disposition.
1 130,000 N $ 30,000 15,000 $ 15,000 15,000 $ 15,000
44 Additional Disclosures on TAB's Fees 7/1/2013 6/30/2017 Willdan Additional disclosures 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.
1 34,300 N $ 1,400 700 $ 700 700 $ 700
45 Bond Project Overhead Costs Project Management Costs 7/1/2013 6/30/2017 Various Costs associated with administration of
bond
funded projects.
1 - N $ - $ - $ -
46 Alessandro Alley Frontage Rd Imps Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
1 - N $ - $ - $ -
47 Core Commercial Parking
Improvements
Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
1 - N $ - $ - $ -
48 President's Plaza Parking Lot Imps Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
1 - N $ - $ - $ -
49 Undergrounding Utilities Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
1 - N $ - $ - $ -
50 Portola Avenue Widening Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
1 - N $ - $ - $ -
55 2002 Tax Allocation Refunding Bond
Issue - $17,310,000
Bonds Issued On or Before
12/31/10
6/19/2002 8/1/2022 Wells Fargo Bank Semi-Annual Debt Service Payment 2 8,043,913 N $ 1,328,438 166,719 $ 166,719 1,161,719 $ 1,161,719
56 2003 Tax Allocation Bond Issue -
$15,745,000
Bonds Issued On or Before
12/31/10
3/12/2003 8/1/2033 Wells Fargo Bank Semi-Annual Debt Service Payment 2 25,591,832 N $ 769,008 384,504 $ 384,504 384,504 $ 384,504
57 2006 Tax Allocation Bond Issue -
$67,618,273
Bonds Issued On or Before
12/31/10
6/27/2006 8/1/2036 Wells Fargo Bank Semi-Annual Debt Service Payment 2 90,509,703 N $ 3,488,638 896,819 $ 896,819 2,591,819 $ 2,591,819
59 North Sphere Hotel land City/County Loans On or
Before 6/27/11
3/23/1995 7/15/2038 City of Palm Desert Balance due Property Acquisition 2 5,000,000 N $ - $ - $ -
60 North Sphere Property Acquisition City/County Loans On or
Before 6/27/11
3/13/1997 7/15/2038 City of Palm Desert Loan for Property Acquisition 2 2,055,000 N $ - $ - $ -
61 City Loan for formation of Project
Area No. 2- 1986
City/County Loans On or
Before 6/27/11
12/5/1986 7/15/2038 City of Palm Desert Formation of PA/Prop Acquisition 2 6,000,000 N $ - $ - $ -
62 L/M Housing Loan SERAF/ERAF 6/30/2010 6/30/2017 Palm Desert Housing
Authority
2009/10 SERAF Loan Repayment 2 3,755,605 N
82 Well Sites Improvement/Infrastructure 11/14/1996 6/30/2017 CVWD Payments on existing contracts related
to the North area required future well
sites.
2 - N $ - $ - $ -
85 Vested Pension Obligation-CalPERS Unfunded Liabilities 7/15/1987 7/15/2038 RDA Assigned Employees Obligation based on accrued leaves
and current MOU.
2 285,524 N $ 114,210 57,105 $ 57,105 57,105 $ 57,105
Palm Desert Recognized Obligation Payment Schedule (ROPS 16-17) - ROPS Detail
July 1, 2016 through June 30, 2017
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total Outstanding
Debt or Obligation Retired
16-17A
16-17B
Total Project Name/Debt Obligation Obligation Type
Contract/Agreement
Execution Date
RPTTF
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF)
Contract/Agreement
Termination Date
ROPS 16-17
Total
16-17B
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF) RPTTF
16-17A
Total
A B C D E F G H I J K L M N O P Q R S T U V W
Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Bond Proceeds Reserve Balance Other Funds Non-Admin Admin
Palm Desert Recognized Obligation Payment Schedule (ROPS 16-17) - ROPS Detail
July 1, 2016 through June 30, 2017
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total Outstanding
Debt or Obligation Retired
16-17A
16-17B
Total Project Name/Debt Obligation Obligation Type
Contract/Agreement
Execution Date
RPTTF
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF)
Contract/Agreement
Termination Date
ROPS 16-17
Total
16-17B
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF) RPTTF
16-17A
Total
86 Stipulated Judgement Case No.
51124
Litigation 11/20/1991 7/15/2038 Various Duties required under said court order.
Vineyards, Emerald Brook (Palm
Desert 103) PDHA subsidy for 1,100
Afford Units
2 63,072,039 N
94 Monterey @ I-10 Imps Improvement/Infrastructure 2/13/2009 6/30/2016 LSA Associates 15878 Payments on existing contracts for the
street improvements related to arterial
access inbound and outbound from
Interstate 10 on Monterey.
2 - Y $ - $ - $ -
95 Monterey @ I-10 Imps Improvement/Infrastructure 10/14/2004 6/30/2016 Robert Bein Frost & Assoc
15950
Payments on existing contracts for the
street improvements related to arterial
access inbound and outbound from
Interstate 10 on Monterey.
2 - Y $ - $ - $ -
96 Portola @ I-10 Imps Improvement/Infrastructure 12/8/2005 6/30/2017 Dokken Engineering
12823
Payments on existing contract related
to the alignment of Portola Avenue to
connect with the proposed new
interchange on I-10.
2 - N $ - $ - $ -
100 Additional Disclosures on TAB's Fees 7/1/2013 6/30/2017 Willdan Additional disclosures 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.
2 14,600 N $ 600 300 $ 300 300 $ 300
102 Bond Project Overhead Costs Project Management Costs 7/1/2013 6/30/2017 Various Costs associated with administration of
bond
funded projects.
2 - N $ - $ - $ -
103 North Sphere Fire Station Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
2 450,000 N $ 450,000 450,000 $ 450,000 $ -
104 Monterey Ave On/Off Ramp Imps Improvement/Infrastructure 1/1/2014 6/30/2016 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
2 - Y $ - $ - $ -
106 Undergrounding Utilities Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
2 N
107 2003 Tax Allocation Bond Issue -
$4,745,000
Bonds Issued On or Before
12/31/10
7/21/2003 4/1/2033 Wells Fargo Bank Semi-Annual Debt Service Payment 3 4,942,930 N $ 290,618 211,674 $ 211,674 78,944 $ 78,944
108 2006 Tax Allocation Bond Issue -
$15,029,526
Bonds Issued On or Before
12/31/10
6/27/2006 4/1/2041 Wells Fargo Bank Semi-Annual Debt Service Payment 3 28,149,279 N $ 926,607 673,141 $ 673,141 253,466 $ 253,466
109 L/M Housing Loan SERAF/ERAF 6/30/2010 6/30/2017 Palm Desert Housing
Authority
2009/10 SERAF Loan Repayment 3 970,313 N
118 Vested Pension Obligation-CalPERS Unfunded Liabilities 7/17/1991 7/17/2042 RDA Assigned Employees Obligation based on accrued leaves
and current MOU.
3 77,590 N $ 31,038 15,519 $ 15,519 15,519 $ 15,519
119 Stipulated Judgement Case No.
51124
Litigation 11/20/1991 7/15/2038 Various Duties required under said court order.
Falcon Crest Afford Housing Dev -
Homeowners at lots 1 through 93, et al.
PDHA Subsidy for 1,100 Affordable
Units
3 16,602,589 N
132 Additional Disclosures on TAB's Fees 7/1/2013 6/30/2017 Willdan Additional disclosures 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.
3 9,800 N $ 400 200 $ 200 200 $ 200
135 Bond Project Overhead Costs Project Management Costs 7/1/2013 6/30/2017 Various Costs associated with administration of
bond
funded projects.
3 - N $ - $ - $ -
137 Undergrounding Utilities Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
3 - N $ - $ - $ -
138 Portola Avenue Widening Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
3 - N $ - $ - $ -
139 Falcon Crest Lot K Improvement/Infrastructure 1/1/2014 6/30/2017 TDB One-time payment per existing contract
for the cost of constructing a perimeter
wall & all surrounding improvements
including exterior landscaping, plans
for drainage & discharge, power for
well operation
3 - N $ - $ - $ -
140 1998 $11,020,000 Tax Allocation
Bond Issue
Bonds Issued On or Before
12/31/10
2/24/1998 10/1/2028 Wells Fargo Bank Semi-Annual Debt Service Payment 4 9,137,050 N $ 756,490 173,245 $ 173,245 583,245 $ 583,245
141 2001 $15,695,000 Tax Allocation
Bond Issue
Bonds Issued On or Before
12/31/10
11/15/2001 10/1/2031 Wells Fargo Bank Semi-Annual Debt Service Payment 4 16,782,485 N $ 975,906 270,453 $ 270,453 705,453 $ 705,453
142 2006 $19,273,089 Tax Allocation
Bond Issue
Bonds Issued On or Before
12/31/10
7/13/2006 10/1/2034 Wells Fargo Bank Semi-Annual Debt Service Payment 4 31,945,978 N $ 695,570 255,285 $ 255,285 440,285 $ 440,285
143 L/M Housing Fund Loan SERAF/ERAF 6/30/2010 6/30/2017 Palm Desert Housing
Authority
2009/10 SERAF Loan Repayment 4 2,657,239 N
157 Affordable Housing-Carlos Ortega
Villas
Improvement/Infrastructure 4/8/2010 6/30/2017 Interactive Design Corp Payments per existing contract for a 72
unit affordable senior complex.
4 - N $ - $ - $ -
159 Vested Pension Obligation-CalPERS Unfunded Liabilities 7/19/1993 7/19/2044 RDA Assigned Employees Obligation based on accrued leaves
and current MOU.
4 250,359 N $ 100,146 50,073 $ 50,073 50,073 $ 50,073
160 Stipulated Judgement Case No.
51124
Litigation 11/20/1991 7/15/2038 Various Duties required under said court order.
PDHA subsidy for 1,100 Affordable
Units
4 49,236,464 N
A B C D E F G H I J K L M N O P Q R S T U V W
Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Bond Proceeds Reserve Balance Other Funds Non-Admin Admin
Palm Desert Recognized Obligation Payment Schedule (ROPS 16-17) - ROPS Detail
July 1, 2016 through June 30, 2017
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total Outstanding
Debt or Obligation Retired
16-17A
16-17B
Total Project Name/Debt Obligation Obligation Type
Contract/Agreement
Execution Date
RPTTF
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF)
Contract/Agreement
Termination Date
ROPS 16-17
Total
16-17B
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF) RPTTF
16-17A
Total
165 Additional Disclosures on TAB's Fees 7/1/2013 6/30/2017 Willdan/RWG Additional disclosures 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.
4 14,700 N $ 600 300 $ 300 300 $ 300
168 Carlos Ortega Villas Improvement/Infrastructure 7/1/2013 6/30/2017 To Be Determined Agreement to build wall as part of COV
construction
4 - N $ - $ - $ -
170 Bond Project Overhead Costs Project Management Costs 7/1/2013 6/30/2017 Various Costs associated with administration of
bond
funded projects.
4 - N $ - $ - $ -
171 Carlos Ortega Villas Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HA - N $ - $ - $ -
172 Desert Pointe Rehabilitation Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HA - N $ - $ - $ -
173 Undergrounding Utilities Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved projects pursuant to bond
covenants - (Eligible upon receipt of
FOC)
4 - N $ - $ - $ -
174 Buydown Subsidies for Low-Mod
Housing
OPA/DDA/Construction 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HA - N $ - $ - $ -
175 Sagecrest Rehabilitation Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HA - N $ - $ - $ -
176 Project Area 1 Reserve for DS Reserves 6/22/2006 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 44,036,331 N
177 North Sphere Property Acquisition City/County Loans On or
Before 6/27/11
3/23/1995 7/15/2032 City of Palm Desert Balance due Property Acquisition
(Eligible upon receipt of FOC)
1 2,500,000 N $ - $ - $ -
178 North Sphere Property Acquisition City/County Loans On or
Before 6/27/11
8/16/1999 7/15/2032 City of Palm Desert Balance due Property Acquisition
(Eligible upon receipt of FOC)
1 4,163,940 N $ - $ - $ -
179 North Sphere Property Acquisition City/County Loans On or
Before 6/27/11
8/16/1999 7/15/2038 City of Palm Desert Balance due Property Acquisition
(Eligible upon receipt of FOC)
2 2,436,060 N $ - $ - $ -
180 El Paseo Multi Use Community
Center
Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
1 - N $ - $ - $ -
181 North Sphere Regional Park Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
2 400,000 N $ 400,000 400,000 $ 400,000 $ -
182 Public Parking Facility Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
3 654,911 N $ 654,911 654,911 $ 654,911 $ -
183 President's Plaza Parking Lot Imps Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible upon
receipt of FOC)
3 655,000 N $ 655,000 655,000 $ 655,000 $ -
184 Community Facilities and Public
Infrastructure
Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved projects pursuant to bond
covenants - (Eligible upon receipt of
FOC)
4 - N $ - $ - $ -
185 Drainage Improvements Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
4 2,240,000 N $ 2,240,000 2,240,000 $ 2,240,000 $ -
186 CLO Villas/Traffic Circle
Improvements
Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
4 - N $ - $ - $ -
187 Las Serenas Expansion Improvement/Infrastructure 1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HA - N $ - $ - $ -
189 Project Area Administration Admin Costs 11/25/1981 7/19/2044 Various Allowable Costs per Admin Plan-staff,
utililities, professional services, etc.
1-4 13,710,757 N $ 1,017,223 511,917 $ 511,917 505,306 $ 505,306
190 Costs Associated with Disposition of
Assets
Property Dispositions 7/1/2014 6/30/2017 City of Palm Desert Remediation of Health and Safety
Issues and costs related to sale of
properties owned by former RDA
1-4 400,000 N $ 70,000 35,000 $ 35,000 35,000 $ 35,000
A B C E F G H I
Other RPTTF
Bonds issued on
or before
12/31/10
Prior ROPS
period balances
and DDR RPTTF
balances retained
Prior ROPS
RPTTF
distributed as
reserve for future
period(s)
Rent,
grants,
interest, etc.
Non-Admin
and
Admin
ROPS 15-16A Actuals (07/01/15 - 12/31/15)
1 Beginning Available Cash Balance (Actual 07/01/15)
99,678,914 5,022,327 - 1,146,373 530,583
*DDR Restricted Cash: UCR Bond Funds, Energy
Investment, and Bond Funds Reimb by other
Govt *Actual bals include prior period accruals.
Total does not consider receivable/payable as this
report is cash basis.
2 Revenue/Income (Actual 12/31/15)
RPTTF amounts should tie to the ROPS 15-16A distribution from the
County Auditor-Controller during June 2015 14,842,611 2,385,251 18,998,346
Other: Includes revenue generated from LRPMP
Sales proceeds.
3 Expenditures for ROPS 15-16A Enforceable Obligations (Actual
12/31/15)
22,204,660 227,946 2,299,674 19,243,077
Other: Includes expenditures related to LRPMP
Sales proceeds to CAC, as well as red to
balances retained for Energy/Legal pursuant to
DDR.
4 Retention of Available Cash Balance (Actual 12/31/15)
RPTTF amount retained should only include the amounts distributed as
reserve for future period(s)
5 ROPS 15-16A RPTTF Balances Remaining
No entry required
6 Ending Actual Available Cash Balance
C to G = (1 + 2 - 3 - 4), H = (1 + 2 - 3 - 4 - 5) 92,316,865$ 4,794,381$ -$ 1,231,950$ 285,852$
ROPS 15-16B Estimate (01/01/16 - 06/30/16)
7 Beginning Available Cash Balance (Actual 01/01/16)
(C, D, E, G = 4 + 6, F = H4 + F4 + F6, and H = 5 + 6)92,316,865$ 4,794,381$ -$ 1,231,950$ 285,852$
8 Revenue/Income (Estimate 06/30/16)
RPTTF amounts should tie to the ROPS 15-16B distribution from the
County Auditor-Controller during January 2016 16,072,943 15,500 16,402,174 Interest
9 Expenditures for ROPS 15-16B Enforceable Obligations (Estimate
06/30/16)107,532,647 704,412 16,480,402
Other funds identified in ROPS (Admin/Maint/Disp
Costs)
10 Retention of Available Cash Balance (Estimate 06/30/16)
RPTTF amount retained should only include the amounts distributed as
reserve for future period(s)
706,608 4,794,381 539,531 7,000
*DDR/Other Restricted Cash: UCR Bond Funds
($2,240,000)/Energy Investment
($1,623,000)/Bond Funds Reimb
($1,309,911)/Retention Payable
($706,608)/($161,001)/Reso. 119 ($7,000)/Nov-
Dec Legal Services
11 Ending Estimated Available Cash Balance (7 + 8 - 9 -10)150,553$ -$ -$ 3,507$ 200,624$
Palm Desert Recognized Obligation Payment Schedule (ROPS 16-17) - Report of Cash Balances
(Report Amounts in Whole Dollars)
source is available or when payment from property tax revenues is required by an enforceable obligation. For tips on how to complete the Report of Cash Balances Form, see CASH BALANCE TIPS
SHEET
Fund Sources
Comments
Bond Proceeds Reserve Balance
Cash Balance Information by ROPS Period