Code Explanation
Code 41000: Provides for full-time salaries.
Code 41010: Provides for part-time salaries.
Code 43510: Provides for special legal se rvices associated with the dissolution of the former Redevelopment Agency.
Code 43515: Provides for financial audit and other financial services.
Code 43650: Provides for other contractual services as needed. 555
RDA-SUCCESSOR AGENCY
RROF DEBT SERVICE
Program: 7039015
Obj/Prj
No. Description Actual
FY 2022-23
Actual
FY 2023-24
Budget
FY 2024-25
Projected
FY 2024-25
Proposed
FY 2025-26
Maintenance & Operations
43515 Financial Services 4,450 3,0504,450 4,450 4,450
43525 Trustee Service Fees 3,750 3,7503,000 3,000 3,750 7,450 7,450 8,200 8,200 6,800Subtotal
Capital and Non-Capital Projects
ST163 Edison Ave Improvements 2,507,640 0 0 0 0
0Subtotal 2,507,640 0 0 0
6,800Total 2,515,090 7,450 8,200 8,200
5/13/2025 MGT ANLST
556
Proposed FY2025-26
Successor Agency to the Chino Redevelopment Agency
Program: Redevelopment Retirement Obligation Fund 7039015 This program is to record the Redevelopment Property Tax Trust Funds (RPTTF) received from the County Auditor Controller to pay enforceable obligations as set forth in the “Recognized Obligation Payment Schedule” (ROPS).
Most of the obligations are related to bond maintenance of Tax Allocation Bonds 2014 Series A and Tax Allocation Bonds 2019 Series A and B, such as debt service payments, annual reporting, and arbitrage rebate calculations, as well as, repayment of city loans, legal and trustee services.
Projects to be funded by RPTTF (Available Balances)
x There are no projects being funded at this time.
x The total can be amended on Amended ROPS 23-24B for the approved change orders.
The Budget will be updated with each approved ROPS.
557
RDA-SUCCESSOR AGENCY
RDA RROF DEBT SERVICE
Program: 7049015
Obj/Prj
No. Description Actual
FY 2022-23
Actual
FY 2023-24
Budget
FY 2024-25
Projected
FY 2024-25
Proposed
FY 2025-26
Maintenance & Operations
44000 Debt Service/Principal 1,890,000 1,970,000 0 0 1,890,000 44010 Debt Svc Interest 1,453,228 1,366,6031,474,793 1,387,751 1,453,228 1,474,793 1,387,751 3,343,228 3,343,228 3,336,603Subtotal 3,336,603Total 1,474,793 1,387,751 3,343,228 3,343,228
5/13/2025 MGT ANLST
558
Proposed FY2025-26
Successor Agency to the Chino Redevelopment Agency
Program: Redevelopment Retirement Obligation Fund - Debt Service 7049015 This program is to record transactions performed by the bank trustee in connection with RDA Refunding TAB 2014 Series A and Refunding TAB 2019, Series A and B, such as debt service payments. The funding for this obligation comes from RPTTF in Fund 703 of from Other Funds in fund 401, as instructed by DOF for each ROPS. In addition, the fund keeps track of the unfunded obligations of the former redevelopment agency, such as promissory notes. This fund does not contain any City funds.
Code 44000: Records principal payments on the Refunding TAB 2014, Series A and Refunding TAB 2019, Series A and B. The actual principal payments are transferred to reduce Bonds Payable account at the fiscal year end.
Code 44010: Records interest payments on the Refunding TAB 2014, Series A and Refunding TAB 2019, Series A and B.
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