CCA money · City
Palmdale
Member of Energy for Palmdale's Independent Choice (EPIC) since 2022-10-01 — source.
All Palmdale City Council meetings.
Read from the councils' own documents — check the source. Each figure was copied from a staff report, budget, financial statement or set of minutes, by a person or by a language model whose quote had to be found word for word in the document. Every figure links to the passage it came from; the city's original file is the official record. Updated 2026-10-20.
4figures
Loans, collateral and repayments
| Date | CCA | Kind | Figure | What it is | Source |
|---|---|---|---|---|---|
| 2025-05-06 | Energy for Palmdale's Independent Choice (EPIC) | Loan / transfer to CCA | 10,951,344 city pays | At 30 Jun 2024 the Palmdale CCA Fund owed the General Fund $10,951,344 in temporary cash-flow loans. | passage · city original |
| 2024-02-21 | Energy for Palmdale's Independent Choice (EPIC) | Loan / transfer to CCA | 5,189,007 city pays | At 30 Jun 2023 the Palmdale CCA Fund owed the General Fund $5,189,007 in temporary cash-flow loans. | passage · city original |
| 2023-04-05 | Energy for Palmdale's Independent Choice (EPIC) | Collateral | $147,000 city pays | City cash of $147,000 at River City Bank has backed EPIC's CPUC letter of credit since 2021; a surety bond replaces it. | passage · city original |
Money back to the city
| Date | CCA | Kind | Figure | What it is | Source |
|---|---|---|---|---|---|
| 2024-02-21 | Energy for Palmdale's Independent Choice (EPIC) | Transfer to city | (1,077,918) city receives | ACFR moves $1,077,918 from the CCA column to governmental activities, shifting the General Fund's negative CCA balance to the enterprise fund. | passage · city original |