HomeMy WebLinkAboutPalm Desert_ROPS1718 13017Successor Agency:Palm Desert
County:Riverside
Current Period Requested Funding for Enforceable Obligations (ROPS Detail)
17-18A Total
(July - December)
17-18B Total
(January - June) ROPS 17-18 Total
A -$ -$ -$
B - - -
C - - -
D - - -
E 22,517,091$ 16,715,788$ 39,232,879$
F 21,989,817 16,195,323 38,185,140
G 527,274 520,465 1,047,739
H Current Period Enforceable Obligations (A+E):22,517,091$ 16,715,788$ 39,232,879$
Name Title
/s/
Signature Date
Recognized Obligation Payment Schedule (ROPS 17-18) - Summary
Filed for the July 1, 2017 through June 30, 2018 Period
Enforceable Obligations Funded as Follows (B+C+D):
RPTTF
Redevelopment Property Tax Trust Fund (RPTTF) (F+G):
Bond Proceeds
Reserve Balance
Other Funds
Administrative RPTTF
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 RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF
$ 765,794,865 $ 39,232,879 $ - $ - $ - $ 21,989,817 $ 527,274 $ 22,517,091 $ - $ - $ - $ 16,195,323 $ 520,465 $ 16,715,788
1 2002 Tax Allocation Refunding Bonds Issued On or Before 2/28/2002 4/1/2030 US Bank Semi-Annual Debt Service Payment 1 Y $ - $ - $ -
2 2003 Tax Allocation Bond Issue -
$19,000,000
Bonds Issued On or Before
12/31/10
7/15/2003 4/1/2030 US Bank Semi-Annual Debt Service Payment 1 Y $ - $ - $ -
3 2004 Tax Allocation Bond Issue -
$24,945,000
Bonds Issued On or Before
12/31/10
6/9/2004 4/1/2025 US Bank Semi-Annual Debt Service Payment 1 Y $ - $ - $ -
4 2006 Tax Allocation Bond Issue -
$62,320,000
Bonds Issued On or Before
12/31/10
6/22/2006 4/1/2030 US Bank Semi-Annual Debt Service Payment 1 Y $ - $ - $ -
5 2007 Tax Allocation Bond Issue -
$32,600,000
Bonds Issued On or Before
12/31/10
12/13/2006 4/1/2018 US Bank Semi-Annual Debt Service Payment 1 7,615,250 N $ 3,772,000 3,772,000 $ 3,772,000 $ -
7 2002 Housing Tax Allocation Bond
Issue - $12,000,000
Bonds Issued On or Before
12/31/10
8/21/2002 10/1/2031 US Bank Semi-Annual Debt Service Payment 1-4 Y $ - $ - $ -
8 2007 Housing Tax Allocation Bond
Issue - $87,056,348
Bonds Issued On or Before
12/31/10
1/25/2007 10/1/2027 US Bank Semi-Annual Debt Service Payment 1-4 Y $ - $ - $ -
9 Indian Springs Stipulated
Agreement
Litigation 2/27/2009 2/27/2039 Indian Springs Mobilehome
Park
Judgement related to ISMHP 1 7,933,129 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 2,576,305 N $ 2,576,305 1,288,153 $ 1,288,153 1,288,152 $ 1,288,152
14 Alessandro Alleyway Bond Funded Project – Pre-
2011
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.
1 640,277 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
221,173,384 N
38 Portola Wall & Sidewalk Imps Bond Funded Project – Pre-
2011
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.
1 100,000 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 Bond Funded Project – Pre-
2011
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
Bond Funded Project – Pre-
2011
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 Bond Funded Project – Pre-
2011
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 Bond Funded Project – Pre-
2011
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 Bond Funded Project – Pre-
2011
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 US Bank Semi-Annual Debt Service Payment 2 Y $ - $ - $ -
56 2003 Tax Allocation Bond Issue -
$15,745,000
Bonds Issued On or Before
12/31/10
3/12/2003 8/1/2033 US Bank Semi-Annual Debt Service Payment 2 25,207,328 N $ 769,006 384,503 $ 384,503 384,503 $ 384,503
57 2006 Tax Allocation Bond Issue -
$67,618,273
Bonds Issued On or Before
12/31/10
6/27/2006 8/1/2036 US Bank Semi-Annual Debt Service Payment 2 Y $ - $ - $ -
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 5,500,000 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 2,672,017 1,336,008 1,336,008 1,336,009 1,336,009
82 Well Sites Bond Funded Project – Pre-
2011
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.
2 171,314 N $ 114,210 57,105 $ 57,105 57,105 $ 57,105
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
Contract/Agreement
Termination Date
ROPS 17-18
Total
17-18B (January - June)
17-18A
Total
Palm Desert Recognized Obligation Payment Schedule (ROPS 17-18) - ROPS Detail
July 1, 2017 through June 30, 2018
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total Outstanding
Debt or Obligation Retired
17-18A (July - December)
17-18B
Total Project Name/Debt Obligation Obligation Type
Contract/Agreement
Execution Date
Fund Sources Fund Sources
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 RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF
Contract/Agreement
Termination Date
ROPS 17-18
Total
17-18B (January - June)
17-18A
Total
Palm Desert Recognized Obligation Payment Schedule (ROPS 17-18) - ROPS Detail
July 1, 2017 through June 30, 2018
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total Outstanding
Debt or Obligation Retired
17-18A (July - December)
17-18B
Total Project Name/Debt Obligation Obligation Type
Contract/Agreement
Execution Date
Fund Sources Fund Sources
96 Portola @ I-10 Imps Bond Funded Project – Pre-
2011
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 Bond Funded Project – Pre-
2011
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 $ - $ - $ -
106 Undergrounding Utilities Bond Funded Project – Pre-
2011
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 US Bank Semi-Annual Debt Service Payment 3 Y $ - $ - $ -
108 2006 Tax Allocation Bond Issue -
$15,029,526
Bonds Issued On or Before
12/31/10
6/27/2006 4/1/2041 US Bank Semi-Annual Debt Service Payment 3 Y $ - $ - $ -
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 46,552 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 Bond Funded Project – Pre-
2011
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 Bond Funded Project – Pre-
2011
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 Bond Funded Project – Pre-
2011
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 US Bank Semi-Annual Debt Service Payment 4 Y $ - $ - $ -
141 2001 $15,695,000 Tax Allocation
Bond Issue
Bonds Issued On or Before
12/31/10
11/15/2001 10/1/2031 US Bank Semi-Annual Debt Service Payment 4 Y $ - $ - $ -
142 2006 $19,273,089 Tax Allocation
Bond Issue
Bonds Issued On or Before
12/31/10
7/13/2006 10/1/2034 US Bank Semi-Annual Debt Service Payment 4 Y $ - $ - $ -
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
Bond Funded Project – Pre-
2011
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.
4 150,213 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
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 Bond Funded Project – Pre-
2011
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 $ - $ - $ -
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 RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF
Contract/Agreement
Termination Date
ROPS 17-18
Total
17-18B (January - June)
17-18A
Total
Palm Desert Recognized Obligation Payment Schedule (ROPS 17-18) - ROPS Detail
July 1, 2017 through June 30, 2018
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total Outstanding
Debt or Obligation Retired
17-18A (July - December)
17-18B
Total Project Name/Debt Obligation Obligation Type
Contract/Agreement
Execution Date
Fund Sources Fund Sources
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 Bond Funded Project – Pre-
2011
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 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
Bond Funded Project – Pre-
2011
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 Bond Funded Project – Pre-
2011
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 $ - $ - $ -
182 Public Parking Facility Bond Funded Project – Pre-
2011
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 $ - $ - $ -
183 President's Plaza Parking Lot Imps Bond Funded Project – Pre-
2011
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 $ - $ - $ -
184 Community Facilities and Public
Infrastructure
Bond Funded Project – Pre-
2011
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 Bond Funded Project – Pre-
2011
1/1/2014 6/30/2017 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
4 N $ - $ - $ -
186 CLO Villas/Traffic Circle
Improvements
Bond Funded Project – Pre-
2011
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 $ 1,047,739 527,274 $ 527,274 520,465 $ 520,465
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
191 El Paseo Revitlization - Ph. 2 Bond Funded Project – Pre-
2011
1/1/2015 6/30/2017 Various Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
1 N $ - $ - $ -
192 2017 Tax Allocation Refunding
Bond Issue - $52,390,000
Bonds Issued After 12/31/10 1/23/2017 10/1/2033 US Bank Semi-Annual Debt Service Payment 1-4 73,441,683 N $ 5,237,000 2,632,925 $ 2,632,925 2,604,075 $ 2,604,075
193 2017 Tax Allocation Refunding
Bond Issue - $140,130,000
Bonds Issued After 12/31/10 1/23/2017 10/1/2041 US Bank Semi-Annual Debt Service Payment 1-4 193,604,136 N $ 9,884,287 4,334,784 $ 4,334,784 5,549,503 $ 5,549,503
194 2017 Tax Allocation Refunding
Bond Issue - $7,365,000
Bonds Issued After 12/31/10 1/23/2017 10/1/2031 US Bank Semi-Annual Debt Service Payment 1-4 10,146,032 N $ 856,719 516,385 $ 516,385 340,334 $ 340,334
195 2017 Tax Allocation Refunding
Bond Issue - $45,815,000
Bonds Issued After 12/31/10 1/23/2017 10/1/2023 US Bank Semi-Annual Debt Service Payment 1-4 49,855,856 N $ 11,502,888 7,267,600 $ 7,267,600 4,235,288 $ 4,235,288
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 15-16B Actuals (01/01/16 - 06/30/16)
1 Beginning Available Cash Balance (Actual 01/01/16)
92,316,865 4,794,381 - 1,231,950 285,852
*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 06/30/16)
RPTTF amounts should tie to the ROPS 15-16B distribution from the
County Auditor-Controller during January 2016
16,422,435 3,008,801 16,402,174
Other: Includes intererst and revenue generated
from LRPMP Sales proceeds.
3 Expenditures for ROPS 15-16B Enforceable Obligations (Actual
06/30/16)
90,512,707 41,750 2,735,764 16,688,026
Other: Includes expenditures related to LRPMP
Sales proceeds to CAC, ROPS, as well as red to
balances retained for Energy/Legal pursuant to
DDR.
4 Retention of Available Cash Balance (Actual 06/30/16)
RPTTF amount retained should only include the amounts distributed as
reserve for future period(s)
4,752,631 443,233
*DDR/Other Restricted Cash: UCR Bond Funds
($2,240,000)/Energy Investment
($1,594,000)/Bond Funds Reimb
($1,309,911)/($51,953)/Reso. 119
5 ROPS 15-16B RPTTF Balances Remaining
No entry required
6 Ending Actual Available Cash Balance
C to G = (1 + 2 - 3 - 4), H = (1 + 2 - 3 - 4 - 5)
18,226,593$ -$ -$ 1,061,754$ -$
Palm Desert Recognized Obligation Payment Schedule (ROPS 17-18) - 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
Item #Notes/Comments
1 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
2 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
3 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
4 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
6 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
7 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
8 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
55 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
57 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
107 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
108 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
140 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
141 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
142 Part of DOF approved bond refunding anticipated to close on 1/31/17, pursuant to OB-153 and OB-154.
192 New Debt Service based on bond refunding anticipated to close on 1/31/17, purusant to OB-153 and OB-154
193 New Debt Service based on bond refunding anticipated to close on 1/31/17, purusant to OB-153 and OB-154
194 New Debt Service based on bond refunding anticipated to close on 1/31/17, purusant to OB-153 and OB-154
195 New Debt Service based on bond refunding anticipated to close on 1/31/17, purusant to OB-153 and OB-154
Palm Desert Recognized Obligation Payment Schedule (ROPS 17-18) - Notes July 1, 2017 through June 30, 2018