Oversight_Board_Agenda_2-19-15 - Laserfiche WebLink

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Exhibit A x 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. For tips on how to complete the Report of Cash Balances Form,see https://rad.dof.ca.gov/rad- sa/pdf/Cash Balance Agency Tips Sheet.pdf. A B C D E F G H I Fund Sources Bond Proceeds Reserve Balance Other RPTTF Prior ROPS Prior ROPS period balances RPTTF Bonds Issued on and DDR RPTTF distributed as Rent, Non-Admin or before Bonds Issued on balances reserve for future Grants, and Cash Balance Information by ROPS Period 12/31/10 or after 01/01/11 retained period(s) Interest,Etc. Admin Comments ROPS 14-15A Actuals(07/01/14-12/31/14) 1 Beginning Available Cash Balance(Actual 07/01/14) 1,656,568 109,631 1,275 2 Revenue/Income(Actual 12/31/14) RPTTF amounts should tie to the ROPS 14-15A distribution from the County Auditor-Controller during June 2014 15,736 348,843 3 Expenditures for ROPS 14-15A Enforceable Obligations(Actual 12/31/14) RPTTF amounts,H3 plus H4 should equal total reported actual expenditures in the Report of PPA,Columns L and Q 95,697 318,046 4 Retention of Available Cash Balance(Actual 12/31/14) RPTTF amount retained should only include the amounts distributed as reserve for future period(s) 1,547,629 5 ROPS 14-15A RPTTF Prior Period Adjustment RPTTF amount should tie to the self-reported ROPS 14-15A PPA in the No entry required Report of PPA,Column S 32,072 6 Ending Actual Available Cash Balance $15,732 15-16A rops int,rent;$13934 14-15b C to G=(1+2-3-4),H=(1+2-3-4-5) $ 108,939 $ - $ - $ - $ 29,670 $ - int,rent;$4 trustee interest reducing d/s pmt ROPS 14-15B Estimate(01/01/15-06/30/15) 7 Beginning Available Cash Balance(Actual 01/01/15) (C,D,E,G=4+6,F=H4+F4+F6,and H=5+6) $ 1,656,568 $ $ $ $ 29,670 $ 32,072 8 Revenue/Income(Estimate 06/30/15) RPTTF amounts should tie to the ROPS 14-15B distribution from the •County Auditor-Controller during January 2015 3,756,702 9 Expenditures for ROPS 14-15B Enforceable Obligations(Estimate 06/30/15) 13,934 3,756,702 10 Retention of Available Cash Balance(Estimate 06/30/15) RPTTF amount retained should only include the amounts distributed as reserve for future period(s) 1,547,629 11 Ending Estimated Available Cash Balance(7+8-9-10) $ 108,939 $ - $ - $ - $ 15,736 $ 32,072 15736+32072=47808