HomeMy WebLinkAboutSA_2021_01_12 Agenda Packet CITY OF ATASCADERO SUCCESSOR AGENCY AGENDA
* COVID-19 NOTICE *
Consistent with Executive Orders N-25-20 and No. N-29-20 from the
Executive Department of the State of California and the San Luis Obispo
County Health Official’s March 18, 2020 Shelter at Home Order, the
Successor Agency meeting will not be physically open to the public and
City Council Members will be teleconferencing into the meeting.
HOW TO OBSERVE THE MEETING:
To maximize public safety, while still maintaining transparency and public
access, the meeting will be available by webinar via the following link:
https://us02web.zoom.us/webinar/register/WN_ZwJ7a031S3KXauEym9ehaA.
HOW TO SUBMIT PUBLIC COMMENT:
Members of the public are highly encouraged to call 805-538-2888 to listen and
provide public comment via phone, or submit written public comments to
cityclerk@atascadero.org by 5:00 pm on the day of the meeting. Such email
comments must identify the Agenda Item Number in the subject line of the
email. The comments will be read into the record, with a maximum allowance of 3
minutes per individual comment, subject to the Mayor’s discretion. All comments
should be a maximum of 500 words, which corresponds to approximately 3
minutes of speaking time. If a comment is received after the agenda item is heard
but before the close of the meeting, the comment will still be included as a part of
the record of the meeting but will not be read into the record.
AMERICAN DISABILITY ACT ACCOMMODATIONS:
Any member of the public who needs accommodations should contact the City
Clerk’s Office at cityclerk@atascadero.org or by calling 805-470-3400 at least 48
hours prior to the meeting or time when services are needed. The City will use
their best efforts to provide reasonable accommodations to afford as much
accessibility as possible while also maintaining public safety in accordance with
the City procedure for resolving reasonable accommodation requests.
Successor Agency agendas and minutes may be viewed on the City's website:
www.atascadero.org.
Copies of the staff reports or other documentation relating to each item of business
referred to on the Agenda are on file in the office of the City Clerk and are available for
public inspection on our website, www.atascadero.org. All documents will be available
for public inspection during City Hall business hours once City Hall is open to the public
following the termination of the Shelter at Home Order.
Page 1 of 16
CITY OF ATASCADERO CITY COUNCIL IN
THE CAPACITY OF SUCCESSOR AGENCY
TO THE COMMUNITY REDEVELOPMENT
AGENCY OF ATASCADERO FOR
REDEVELOPMENT AND HOUSING
PURPOSES
AGENDA
Tuesday, January 12, 2021
(Immediately following the conclusion
of the City Council Regular Session)
City Hall Council Chambers, 4th floor
6500 Palma Avenue
Atascadero, California
(Enter from Lewis Avenue)
REGULAR SESSION – CALL TO ORDER: Immediately following
the conclusion of the City
Council Regular Session
ROLL CALL: Mayor Moreno
Mayor Pro Tem Newsom
Council Member Bourbeau
Council Member Dariz
Council Member Funk
AP PROVAL OF AGENDA: Roll Call
A. CONSENT CALENDAR:
1. Successor Agency Draft Minutes – September 8, 2020
Recommendation: Council, in the capacity of the Successor Agency to the
Community Redevelopment Agency of Atascadero, approve the Successor
Agency Draft Action Minutes of September 8, 2020. [City Clerk]
________________________
1 On January 10, 2012, the Atascadero City Council adopted Resolution No. 2012-002, electing to serve as the successor
to the Community Redevelopment Agency of Atascadero for redevelopment purposes, and also elected to retain the
housing assets and functions previously performed by the Community Redevelopment Agency of Atascadero.
Page 2 of 16
COMMUNITY FORUM: (This portion of the meeting is reserved for persons wanting to
address the Board on any matter not on this agenda and over which the Board has
jurisdiction. Speakers are limited to three minutes. Please state your name and
address for the record before making your presentation. The Board may take action to
direct the staff to place a matter of business on a future agenda. A maximum of 30
minutes will be allowed for Community Forum, unless changed by the Board.)
B. PUBLIC HEARINGS: None.
C. MANAGEMENT REPORTS:
1. Approval of Recognized Obligation Payment Schedule 21-22 July 1, 2021 -
June 30, 2022 and Fiscal Year 2021-2022 Administrative Budget
Fiscal Impact: None.
Recommendation: Successor Agency Board adopt Draft Resolution,
approving the Draft Recognized Obligation Payment Schedule (ROPS) for
the period of July 1, 2021 through June 30, 2022 (ROPS 21-22) and the
Fiscal Year 2021-2022 Administrative Budget. [Administrative Services]
BOARD ANNOUNCEMENTS AND REPORTS: (On their own initiative, the Board
Members may make a brief announcement or a brief report on their own activities.
Board Members may ask a question for clarification, make a referral to staff or take
action to have staff place a matter of business on a future agenda. The Board may take
action on items listed on the Agenda.)
D. ADJOURN TO MEETING OF THE PUBLIC FINANCING AUTHORITY
Page 3 of 16
TEM NUMBER: SA A-1
DATE: 01/12/21
Atascadero Successor Agency
September 8, 2020
Page 1 of 3
CITY OF ATASCADERO CITY COUNCIL IN
THE CAPACITY OF SUCCESSOR AGENCY
TO THE COMMUNITY REDEVELOPMENT
AGENCY OF ATASCADERO FOR
REDEVELOPMENT AND HOUSING
PURPOSES
____________________________________________________________________________
DRAFT MINUTES
Tuesday, September 8, 2020
(Immediately following the conclusion
of the City Council Regular Session)
City Hall Council Chambers, 4th floor
6500 Palma Avenue
Atascadero, California
(Enter from Lewis Avenue)
REGULAR SESSION – CALL TO ORDER: Immediately following
the conclusion of the City
Council Regular Session
Mayor Moreno called the meeting to order at 8:25 p.m.
ROLL CALL:
Present: By Teleconference - Council Members Fonzi, Funk, Newsom,
Mayor Pro Tem Bourbeau and Mayor Moreno
Absent: None
Staff Present: By Teleconference - City Manager Rachelle Rickard,
Administrative Services Director Jeri Rangel, Public Works Director
Nick DeBar, Police Chief Jerel Haley, Community Development
Director Phil Dunsmore, Fire Chief Casey Bryson, City Attorney
Brian Pierik, Deputy City Manager/City Clerk Lara Christensen
Page 4 of 16
TEM NUMBER: SA A-1
DATE: 01/12/21
Atascadero Successor Agency
September 8, 2020
Page 2 of 3
APPROVAL OF AGENDA:
MOTION: By Council Member Fonzi and seconded by Mayor Pro Tem
Bourbeau to approve the agenda.
Motion passed 5:0 by a roll-call vote.
A. CONSENT CALENDAR:
1. Successor Agency Draft Minutes – January 14, 2020
Recommendation: Council, in the capacity of the Successor Agency to the
Community Redevelopment Agency of Atascadero, approve the Successor
Agency Draft Action Minutes of January 14, 2020. [City Clerk]
MOTION: By Mayor Pro Tem Bourbeau and seconded by Council Member
Newsom to approve the Consent Calendar.
Motion passed 5:0 by a roll-call vote.
COMMUNITY FORUM:
The following citizens spoke during Community Forum: None.
Mayor Moreno closed the COMMUNITY FORUM period.
B. PUBLIC HEARINGS: None.
C. MANAGEMENT REPORTS:
1. Amendment of Recognized Obligation Payment Schedule 20 -21
January 1, 2021 - June 30, 2021
Fiscal Impact: None.
Recommendation: Successor Agency Board adopt Draft Resolution
approving the Amended Recognized Obligation Payment Schedule (ROPS
20-21B) for the period of January 1, 2021, through June 30, 2021, pursuant
to Health and Safety Code. [Administrative Services]
Administrative Services Director Rangel gave the p resentation and answered questions
from the Council.
PUBLIC COMMENT:
The following citizens spoke on this item: None.
Mayor Moreno closed the Public Comment period.
MOTION: By Council Member Fonzi and seconded by Council Member Funk
to adopt Resolution No. SA 2020-002, approving the Amended
Page 5 of 16
TEM NUMBER: SA A-1
DATE: 01/12/21
Atascadero Successor Agency
September 8, 2020
Page 3 of 3
Recognized Obligation Payment Schedule (ROPS 20 -21B) for the
period of January 1, 2021, through June 30, 2021, pursuant to
Health and Safety Code.
Motion passed 5:0 by a roll-call vote.
BOARD ANNOUNCEMENTS AND REPORTS: None.
D. ADJOURN
Mayor Moreno adjourned the meeting at 8:31 p.m.
MINUTES PREPARED BY:
______________________________________
Lara K. Christensen
Deputy City Manager / City Clerk
APPROVED:
Page 6 of 16
ITEM NUMBER: SA C-1
DATE: 01/12/21
Successor Agency to the Community
Redevelopment Agency of Atascadero
Staff Report – Administrative Services
Approval of
Recognized Obligation Payment Schedule 21-22
July 1, 2021 - June 30, 2022 and
Fiscal Year 2021-2022 Administrative Budget
RECOMMENDATION:
Successor Agency Board adopt Draft Resolution, approving the Draft Recognized
Obligation Payment Schedule (ROPS) for the period of July 1, 2021 through
June 30, 2022 (ROPS 21-22) and the Fiscal Year 2021-2022 Administrative Budget.
DISCUSSION:
On December 29, 2011, the California Supreme Court delivered its decision in the
California Redevelopment Association v. Matosantos case. The decision upheld
AB1x 26, the Dissolution Act, and found AB1x 27, the Alternative Redevelopment
Program Act, unconstitutional. AB1x 26 dissolved the Redevelopment Agency as of
February 1, 2012, the new dissolution date e stablished by the Supreme Court.
On January 10, 2012 the City of Atascadero elected to become the Successor Agency to
the Community Redevelopment Agency of Atascadero (RDA). AB 1484 was signed by
the Governor on June 27, 2012 and further changed the process for dissolving
redevelopment agencies.
Pursuant to Health and Safety Code (HSC) section 34177(o)(1), commencing with the
ROPS covering the period July 1, 2016 to June 30, 2017 and thereafter, agencies shall
submit an oversight board approved annual ROPS to the Department of Finance (DOF)
and the County Auditor-Controller by February 1, 2016 and each February 1 thereafter.
The Successor Agency must report all expected obligations for the one year period
starting the following July. The attached ROPS covers the period of July 1, 2021 through
June 30, 2022, and is referred to as ROPS 21-22.
Given the expected level of maintenance and close -out activities, the Agency is
requesting only $49,490 in Fiscal Year 2021-2022 Administrative Budget Allowance.
Page 7 of 16
ITEM NUMBER: SA C-1
DATE: 01/12/21
The Draft ROPS 21-22 estimates that $1,869,820 in Redevelopment Property Tax Trust
Fund (RPTTF) funding will be needed for the July 1, 2021 through June 30, 2022 period.
Once approved by the Successor Agency Board, the ROPS 21-22 will be submitted for
approval to the Countywide Oversight Board. Once approved by the Countywide
Oversight Board, it will be submitted to the County Auditor-Controller, the State Controller,
and the DOF. The DOF will have until April 15th to review the ROPS and to object to
items that do not meet the definition of an Enforceable Obligation.
FISCAL IMPACT:
None for this action. The purpose of approving the Draft Recognized Obligation
Schedules is to ensure that the City acting as Successor Agency will be able to make
certain payments for obligations of the former RDA.
ATTACHMENT:
Draft Resolution approving the Draft Recognized Obligation Payment Schedule (ROPS)
for the period of July 1, 2021 through June 30, 2022 and the Fiscal Year 2021-2022
Administrative Budget
Page 8 of 16
ITEM NUMBER: SA C-1
DATE:
ATTACHMENT:
01/12/21
1
DRAFT RESOLUTION
RESOLUTION OF THE SUCCESSOR AGENCY TO THE
COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO,
APPROVING THE RECOGNIZED OBLIGATION PAYMENT
SCHEDULE FOR JULY 1, 2021 THROUGH JUNE 30, 2022 (ROPS
21-22) AND ADMINISTRATIVE BUDGET FOR THE PERIOD
JULY 1, 2021 THROUGH JUNE 30, 2022
WHEREAS, the City Council of the City of Atascadero, has elected to serve as the Successor
Agency to the former Community Redevelopment Agency of Atascadero (“Successor Agency”),
in accordance with the Dissolution Act (enacted by Assembly Bill (“AB”) x1 26, as amended by
AB 1484 and Senate Bill (“SB”) 107, and codified in the California Health and Safety Code); and
WHEREAS, among the duties of successor agencies under the Dissolution Act is the
preparation of a Recognized Obligation Payment Schedule (“ROPS”) for the ensuing twelve-
month period for consideration by the Countywide Oversight Board and the California Department
of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the
former Redevelopment Agency; and
WHEREAS, the proposed Recognized Obligation Payment Schedule for the period of
July 1, 2021, through June 30, 2022, attached hereto as Exhibit “A” and incorporated herein by
this reference, has been prepared and is consistent with the provisions of the Dissolution Act and
in the format made available by DOF; and
WHEREAS, Health and Safety Code Section 34177(j) requires the Successor Agency to
prepare a proposed administrative budget and submit it to the Countywide Oversight Board for its
approval; and
WHEREAS, the ROPS 21-22 includes a proposed Administrative Budget for Fiscal Year
2021-2022 of $49,490, attached hereto as Exhibit “B” and incorporated herein by this reference;
and
WHEREAS, the Dissolution Act requires that the proposed ROPS be approved by the
Countywide Oversight Board, transmitted for review to the county auditor-controller, county
executive officer, and DOF; and
WHEREAS, the Successor Agency desires to approve the ROPS 21-22 and Administrative
Budget for Fiscal Year 2021-2022 and transmit it to various parties as required by the Dissolution
Act.
NOW, THEREFORE BE IT RESOLVED, by the Successor Agency to the Community
Redevelopment Agency of Atascadero:
SECTION 1. The Recitals set forth above are true and correct and incorporated herein by
reference.
Page 9 of 16
ITEM NUMBER: SA C-1
DATE:
ATTACHMENT:
01/12/21
1
SECTION 2. The Successor Agency hereby approves and adopts the proposed
Recognized Obligation Payment Schedule for July 1, 2021, through June 30, 2022, in substantially
the form attached hereto as Exhibit A, and Administrative Budget for Fiscal Year 2021-2022
covering the period of July 1, 2021 through June 30, 2022 attached hereto as Exhibit B.
SECTION 3. The City Manager is hereby directed to submit the approved ROPS 21-22
to DOF, the County Administrative Officer, and the County Executive Officer, upon the
Countywide Oversight Board’s approval, and to take any other actions that may be required in
order to obtain DOF approval of the ROPS 21-22, including, without limitation, making
amendments to the ROPS 21-22 required by the DOF.
PASSED AND ADOPTED by the Successor Agency to the Community Redevelopment
Agency of Atascadero on the 12th day of January 2021, by the following vote:
AYES:
NOES:
ABSENT:
ADOPTED:
SUCCESSOR AGENCY TO THE
COMMUNITY REDEVELOPMENT
AGENCY OF ATASCADERO
________________________________
Heather Moreno, Mayor
ATTEST:
__________________________________
Lara K. Christensen, City Clerk
APPROVED AS TO FORM:
__________________________________
Brian A. Pierik, City Attorney
Attachments:
Exhibit A – ROPS 21-22
Exhibit B – Administrative Budget for Fiscal Year 2021-2022
Page 10 of 16
Recognized Obligation Payment Schedule (ROPS 21-22) - Summary
Filed for the July 1, 2021 through June 30, 2022 Period
Successor Agency: Atascadero
County: San Luis Obispo
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
21-22A Total
(July -
December)
21-22B Total
(January -
June)
ROPS 21-22
Total
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) $ 666,500 $ 1,203,320 $ 1,869,820
F RPTTF 633,340 1,186,990 1,820,330
G Administrative RPTTF 33,160 16,330 49,490
H Current Period Enforceable Obligations (A+E) $ 666,500 $ 1,203,320 $ 1,869,820
Certification of Oversight Board Chairman:
Name Title
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. /s/
Signature Date
ITEM NUMBER: SA C-1
DATE: 01/12/21
ATTACHMENT: 1A
Page 11 of 16
Atascadero
Recognized Obligation Payment Schedule (ROPS 21-22) - ROPS Detail
July 1, 2021 through June 30, 2022
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
21-22
Total
ROPS 21-22A (Jul - Dec)
21-22A
Total
ROPS 21-22B (Jan - Jun)
21-22B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
$37,889,840 $1,869,820 $- $- $- $633,340 $33,160 $666,500 $- $- $- $1,186,990 $16,330 $1,203,320
1 2010
Reimbursement/
Bond Financing
agreement with
City of
Atascadero1
Bonds Issued
On or Before
12/31/10
09/01/
2010
10/01/2040 City of
Atascadero
(then
passed
through to
bond
holders)
Debt Service
on 2010
Bonds
Atascadero
#1
23,600,770 N $976,020 - - - 627,710 - $627,710 - - - 348,310 - $348,310
2 2010
Reimbursement/
Bond Financing
agreement with
City of
Atascadero
Bonds Issued
On or Before
12/31/10
09/01/
2010
10/01/2040 City of
Atascadero
(then
passed
through to
BNY)
Trustee
services for
the life of the
2010 Bonds
Atascadero
#1
93,670 N $2,500 - - - 2,500 - $2,500 - - - - - $-
3 2004/2005
Redevelopment
Bonds
Bonds Issued
On or Before
12/31/10
11/01/
2004
09/01/2034 Bank of
New York
Mellon
Debt Service
on 2004/2005
Bonds
Atascadero
#1
12,527,570 N $838,680 - - - - - $- - - - 838,680 - $838,680
5 2004/2005
Redevelopment
Bonds
Bonds Issued
On or Before
12/31/10
11/01/
2004
09/01/2034 Bank of
New York
Mellon
Trustee
services for
the life of the
2004/2005
Bonds
Atascadero
#1
60,080 N $3,130 - - - 3,130 - $3,130 - - - - - $-
6 City Loan #1
entered into in
1998
City/County
Loan (Prior
06/28/11),
Cash
exchange
11/01/
1998
01/01/2099 City of
Atascadero
Loan for
Start-up costs
Atascadero
#1
- N $- - - - - - $- - - - - - $-
7 City Loan #2
entered into in
2001
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/28/
2001
01/01/2099 City of
Atascadero
Revolving
Loan
Atascadero
#1
- N $- - - - - - $- - - - - - $-
8 City Loan #3
entered into in
2002
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/12/
2002
01/01/2099 City of
Atascadero
Loan for
purchase of
building
housing an
adult store
Atascadero
#1
- N $- - - - - - $- - - - - - $-
10 Administration
Allowance
Admin Costs 01/01/
2014
06/30/2014 City of
Atascadero
Administrative
expenses for
successor
agency in
Atascadero
#1
1,607,750 N $49,490 - - - - 33,160 $33,160 - - - - 16,330 $16,330
ITEM NUMBER: SA C-1
DATE: 01/12/21
ATTACHMENT: 1A
Page 12 of 16
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
21-22
Total
ROPS 21-22A (Jul - Dec)
21-22A
Total
ROPS 21-22B (Jan - Jun)
21-22B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
accordance
with AB1X26
through June
2016
including -
office
expense,
postage, legal
notices,
computer
costs, phone
costs,
operations,
professional
development,
direct staff
time, general
overhead
124 Historic City Hall
Earthquake
Repair/Rehab
Project
Improvement/
Infrastructure
01/01/
2014
01/01/2099 FEMA FEMA grant
adjustments
Atascadero
#1
- N $- - - - - - $- - - - - - $-
125 Historic City Hall
Earthquake
Repair/Rehab
Project
Improvement/
Infrastructure
01/01/
2014
01/01/2099 CalOES Cal OES
grant
adjustments
Atascadero
#1
- N $- - - - - - $- - - - - - $-
132 2010
Reimbursement/
Bond Financing
agreement with
City of
Atascadero1
Bonds Issued
On or Before
12/31/10
11/01/
2015
06/30/2017 Wildan
Financial
Arbitrage
calculation
required by
bond
covenants
- N $- - - - - - $- - - - - - $-
ITEM NUMBER: SA C-1
DATE: 01/12/21
ATTACHMENT: 1A
Page 13 of 16
Atascadero
Recognized Obligation Payment Schedule (ROPS 21-22) - Report of Cash Balances
July 1, 2018 through June 30, 2019
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177 (l), 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
ROPS 18-19 Cash Balances
(07/01/18 - 06/30/19)
Fund Sources
Comments
Bond Proceeds Reserve Balance Other Funds RPTTF
Bonds issued
on or before
12/31/10
Bonds issued
on or after
01/01/11
Prior ROPS
RPTTF and
Reserve
Balances retained
for future
period(s)
Rent, grants,
interest, etc.
Non-Admin
and Admin
1 Beginning Available Cash Balance (Actual 07/01/18)
RPTTF amount should exclude "A" period distribution
amount.
1,712,191 346,020 -
2 Revenue/Income (Actual 06/30/19)
RPTTF amount should tie to the ROPS 18-19 total
distribution from the County Auditor-Controller
31,263 4,817 14,244 1,966,164
3 Expenditures for ROPS 18-19 Enforceable Obligations
(Actual 06/30/19)
14,787 (2,640) 1,899,405 Column E = 12,451 Line 1 of ROPS + 2,336
LIne 123 of ROPS Column F = Reduction in
2004 Bond reserve
4 Retention of Available Cash Balance (Actual 06/30/19)
RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
1,708,333 252,706
5 ROPS 18-19 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 18-19 PPA
form submitted to the CAC
No entry required
66,759
6 Ending Actual Available Cash Balance (06/30/19)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $35,121 $83,344 $16,884 $-
ITEM NUMBER: SA C-1
DATE: 01/12/21
ATTACHMENT: 1A
Page 14 of 16
Atascadero
Recognized Obligation Payment Schedule (ROPS 21-22) - Notes
July 1, 2021 through June 30, 2022
Item # Notes/Comments
1
2
3 The 2004 bonds require two separate reserves. One reserve is held by the fiscal agent and varies
slightly from year to year (Rsv#1). Reserve #2 (Rsv#2) is taken from the first increment of the year and
is held by the City in an amount equal to the following year□s debt service. Based on discussion with
DOF representatives, the SA is transitioning how debt service on the 2004 bonds will be reported.
Starting in 2021-2022: □ SA will not report the cash held by fiscal agent in the cash balance schedule
(24-25 ROPS) □ SA will request only the amount for Rsv#2 during the January ROPS distribution □ SA
will send the amount for Rsv#2 to the fiscal agent and have them hold it, along with Rsv#1. The SA
will report the amount sent to the fiscal agent to meet reserve requirements as an RPTTF expenditure
when the funds are sent to the fiscal agent. □ SA will not request, nor report the actual debt service,
paid by the fiscal agent as an expenditure in the Reserve Column of the ROPS/PPA
5
6
7
8
10
124
125
132
ITEM NUMBER: SA C-1
DATE: 01/12/21
ATTACHMENT: 1A
Page 15 of 16
ADMINISTRATIVE BUDGET
FISCAL YEAR 2021-2022
FUND CODE
880 620.0000
EXPENSE
July -
December 2021
January -
June 2022
CLASSIFICATION DESCRIPTION BASIS AMOUNT AMOUNT
Staff Time: ROPS
financial management
support
Preparation and documentation of ROPS, administrative
budgets, & financial reports. Support and response to
State Controller's office, Department of Finance, and
county auditor controller's reports. Financial review of
tax distributions. General financial management and
reports.
Estimated 19,720$ 6,580$
Staff Time: PPA financial
management support
Preparation and documentation of PPA. Support and
response to State Controller's office, Department of
Finance, and county auditor controller's reports.
General financial management and reports.
Estimated 6,610 3,040
Staff Time: Other Coordination with County, general accounting, review of
DOF instructions and changes in law, etc.
Estimated 6,810 6,730
33,140$ 16,350$
ITEM NUMBER: SA C-1
DATE: 01/12/21
ATTACHMENT: 1B
Page 16 of 16