Successor Agency: Corona
County: Riverside
A $ 363,867 7,031,824 $ 7,395,691 $
B - - -
C 363,867 7,031,824 7,395,691
D - - -
E $ 4,223,467 5,043,867 $ 9,267,334 $
F 4,148,467 4,968,867 9,117,334
G 75,000 75,000 150,000
H Current Period Enforceable Obligations (A+E): $ 4,587,334 12,075,691 $ 16,663,025 $ Name Title
/s/
Signature Date
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.
Enforceable Obligations Funded as Follows (B+C+D):
RPTTF
Redevelopment Property Tax Trust Fund (RPTTF) (F+G):
Bond Proceeds
Reserve Balance
Other Funds
Recognized Obligation Payment Schedule (ROPS 26-27) - Summary Filed for the July 1, 2026 through June 30, 2027 Period 26-27A Total
Current Period Requested Funding for Enforceable Obligations (ROPS Detail) 26-27B Total
(July - December) (January - June) ROPS 26-27 Total
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
$ 34,743,433 $ 16,663,025 $ 0 $ 7,031,824 $ 0 $ 4,968,867 $ 75,000 $ 12,075,691 $ 0 $ 363,867 $ 0 $ 4,148,467 $ 75,000 $ 4,587,334 2 2007 Tax Allocation
Bonds- Merged Dwntwn
Bonds
Issued On or
Before
12/31/10
11/1/2007 9/1/2027 Bank of New
York
Bond issue to fund
projects according to the
Redevelopment Plan.
Merged Project
Areas
12,697,372 N $ 12,899,690 5,822,739 3,437,317 $ 9,260,056 202,317 3,437,317 $ 3,639,634 3 2007 Tax Allocation
Bonds- Temescal Cyn
Bonds
Issued On or
Before
12/31/10
1/1/2007 11/1/2032 Bank of New
York
Bond issue to fund
projects according to the
Redevelopment Plan.
Merged Project
Areas
9,357,560 N $ 2,763,735 1,209,085 696,550 $ 1,905,635 161,550 696,550 $ 858,100 5 Fiscal Agent
Fees
Fees 7/1/2024 6/30/2025 Bank of New
York
Fees in association with
TAB accounts
Merged Project
Areas 6,200 N $ 6,200 $ - 6,200 $ 6,200
6 Continuing Disclosure
Fees
Fees 7/1/2024 6/30/2025 Willdan Financial SContinuing Disclosure Fees- TABs
Merged Project
Areas 7,500 N $ 7,500 $ - 7,500 $ 7,500
7 Consultant Fees Fees 7/1/2024 6/30/2025 Willdan Financial SArbitrage Calculations
Merged Project
Areas 900 N $ 900 $ - 900 $ 900
8 Skypark OPA OPA/DDA
Construction
10/20/2010 11/7/2037 Rexco LLC Tax Increment
Reimbursement
Merged Project
Areas 973,863 N $ 260,000 260,000 $ 260,000 $ -
13 Corona N Main
Development OPA
OPA/DDA
Construction
1/18/2011 7/18/2032 Corona North MainTax Increment
Reimbursement
Merged Project
Areas 6,447,288 N $ 575,000 575,000 $ 575,000 $ -
23 Affordable Housing
Agreement
OPA/DDA
Construction
4/1/2006 4/1/2061 KDF Corona, LP (WAffordable Housing
Project
Merged Project
Areas 0 N $ - $ - 0 $ -
57 Administration
Allowance
Admin Costs 7/1/2026 6/30/2027 Various Agency staff, office supplies, postage,
phones, equipment
maintenance, legal
(OB/SA), auditors, cost
allocation, etc.
Merged Project
Areas
150,000 N $ 150,000 75,000 $ 75,000 75,000 $ 75,000
19-20A Total
26-27B (January - June)
Fund Sources Fund Sources 26-27B Total
Corona Recognized Obligation Payment Schedule (ROPS 26-27) - ROPS Detail July 1, 2026 through June 30, 2027
Item
#
Project Name/Debt
Obligation
Obligation
Type
Contract/Ag
reement
Execution
Date
Contract/Agre
ement
Termination Date
Payee
Description/Project
Scope Project Area
Total Outstanding
Debt or
Obligation
Retired ROPS 19-20
Total
26-27A (July - December)
A B C D E F G H
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 as of 07/01/23
RPTTF amount should exclude "A" period distribution amount 133,177 1,826,920 4,668,594 16,891 304,793
RPTTF Beginning Balance includes PPA unspent
fund in the ROPS 20-21 period $301,589 and
$3,204 Retention Held from a prior year's
expense.
2 Revenue/Income
RPTTF amount should tie to the ROPS 23-24 total distribution from the County Auditor-Controller
7,394,235 6,305,623
3 Expenditures for ROPS 23-24 Enforceable Obligations
16,891 5,999,386 4,046,961
4 Retention of Available Cash Balance (Actual 06/30/24) RPTTF amount retained should only include the amounts distributed as reserve for future period(s)
3,421,558 RPTTF wired to Fiscal Agent for 2025 Bond Year 5 ROPS 23-24 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 23-24 PPA form submitted to the CAC
227,305
Moved $227,305 of unspent funds in the ROPS
23-24 period to RPTTF Reserve Balance ending
cash balance to be allocated to ROPS 26-27
obligations
6 Ending Actual Available Cash Balance (06/30/24)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5) $ 133,177 1,826,920 $ 4,974,831 $ 0 $ 3,204 $ No entry required
Corona Recognized Obligation Payment Schedule (ROPS 26-27) - Report of Cash Balances July 1, 2023 through June 30, 2024
(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. For tips on how to complete the Report of Cash Balances Form, see Cash Balance Tips Sheet.
Fund Sources
Comments
Bond Proceeds
ROPS 23-24 Cash Balances
(07/01/23 - 06/30/24)
Item # Notes/Comments
2 Reserve Balance: Bond principal/interest payments funded by RPTTF received from ROPS 25-26 will be applied to Fall 2026 payment (26-27A period); Bond interest payments funded by RPTTF received from ROPS 26-27A will be applied to Spring 2027 payment (26-27B period); RPTTF Non-Admin: Funds will be sent to Fiscal Agent in February 2027 and reserved for 2027 Bond year payments (26-27B and 27-28A). 3 Reserve Balance: Bond principal/interest payments funded by RPTTF received from ROPS 25-26 will be applied to Fall 2026 payment (26-27A period); Bond interest payments funded by RPTTF received from ROPS 26-27A will be applied to Spring 2027 payment (26-27B period); RPTTF Non-Admin: Funds will be sent to Fiscal Agent in February 2027 and reserved for 2027 Bond year payments (26-27B and 27-28A). 5 Estimated expense based on historical annual expenses 6 Estimated expense based on historical annual expenses 7 Estimated expense based on historical annual expenses 8 Estimated expense- Payment amount dependent on assessed values of project Outstanding obligation includes interest accrued through 6/30/2026. Estimated expense- Payment amount dependent on assessed values of project; 13 57 Requesting less than the minimum $250K due to reduced admin expenses.
Corona Recognized Obligation Payment Schedule (ROPS 26-27) - Notes July 1, 2026 through June 30, 2027