Attachment 1
Recognized Obligation Payment Schedule (ROPS 25-26) - Summary Filed for the July 1, 2025 through June 30, 2026 Period Successor Agency: Coronado
County: San Diego
Current Period Requested Funding for Enforceable 25-26A Total 25-26B Total ROPS 25-26 Obligations (ROPS Detail) (July- (January - Total
December) June)
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) $ 27,509,581 $ 876,535 $ 28,386,116 RPTTF 27,166,848 876,535 28,043,383
G Administrative RPTTF 342,733 342,733
H Current Period Enforceable Obligations (A+E) $ 27,509,581 $ 876,535 $ 28,386,116 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. /sl
Signature Date
Attachment 1
Coronado
Recognized Obligation Payment Schedule (ROPS 25-26) - ROPS Detail July 1, 2025 through June 30, 2026
A D E F G J L M P Q R
ROPS 25-26A (Jul - Dec) ROPS 25-26B (Jan - Jun)
Obligation Agreement Agreement Project Fund Sources 25-26A Fund Sources 25-26B Hem Project Name Type Execution Termination Payee Description Outstanding Retired 25-26 Total Total Total Date Date Obligation Reserve Other RPTTF Admin Proceeds Balance unes RPTTF Rmin Bond Reserve Proceeds Balance Funds RPTTFR RPTTF
$72,236,926 $28,386,116 S- S: 527.16.48 5342,73 527.509,5685 S- $- $876,535 $- $876,535 17 Debt Service Reentered 05/29/ 06/30/2036 City of Beach Facilities - Coronado 46,696 N $5,570 2,785 $2,785 2,785 $2,785 Agreements 2012 Coronado Lifeguard Tower
Case No.
34-2013-80001694
30 Successor Admin 11/15/ 06/30/2036 City of Successor Agency Coronado 2,588,841 N $342,733 - 342,733 $342,733 $- Agency Costs 2005 Coronado administrative
Administrative obligations relating
Expenses to maintaining
payments on
enforceable
bigations an
ther activities a
required by AB1X
26 for July 1, 2016
to June 30, 2017.
46 Village OPA/DDA/ 08/05/ 05/31/2026 Five Star Reimbursement of Coronado 46,389 N $46,389 46,389 $46,389 $- Theatre Construction 2008 Theatres Property Taxes per
Property Inc. Participation
Taxes Agreement
66 2018 TARB Refunding 10/04/ 09/01/2033 U.S. Refunding of 2000, 42,895,000 N $10,386,249 9,512,499 - $9,512,499 873.750 - $873,750 Debt Service Bonds 2018 Bank 2003 housing,
Issued After 2003 non-housing,
6/27/12 2005, 2006 TABs,
and reentered
agreements
67 2018 TARB Borading 2018 09/01/2033 U.S. Refunding of 2000, 26,605,000 N $17,600,000 - 17,600,000 - $17,600,000 $- Debt Service Bonds Bank 2003 housing,
Turbo Issued After 2003 non-housing
Redemption 6/27/12 2005, 2006 TABS,
and reentered
agreements
68 Bond Fees 10/04/ 09/01/2033 U.S. Trustee Fees for 55,000 N $5,175 5,175 $5,175 $- Administration 2018 Bank 2018 TARB
Attachment 1
Coronado
Recognized Obligation Payment Schedule (ROPS 25-26) - Report of Cash Balances July 1, 2022 through June 30, 2023
(Report Amounts in Whole Dollars)
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.
A c D E F G H
Fund Sources
Bond Proceeds Reserve Balance Other Funds RPTTF
ROPS 22-23 Cash Balances Prior ROPS
Bonds issued Bonds issued RPTTF and Comments
(07/01/22 - 06/30/23) Non-Admin
on or before on or after and Admin
12/31/10 01/01/11
period(s)
1 Beginning Available Cash Balance (Actual 07/01/22) 9,287,785 758,803 E1 = TARB P&I reserve $9.285M + Other RPTTF amount should exclude "A" period distribution oblig. Reserve $2,785 F1 = After excluding amount. PTTF 22-23A and reserves, this is th
vailable funds from interes
2 Revenue/Income (Actual 06/30/23) 299,131 19,194,672 F2 = Investment Interest Acct RPTTF amount should tie to the ROPS 22-23 total 82079000-43007/43008/43020= distribution from the County Auditor-Controller $73/$245,963/%53,096. G2 ROPS 22-23A ($17.045M) & ROPS 22-23 B ($2.149M)
3 Expenditures for ROPS 22-23 Enforceable Obligations 18,742,363 From FY22-23 Trial Balance/General Ledger (Actual 06/30/23) (confirm against ROPS 22-23)
4 Retention of Available Cash Balance (Actual 06/30/23) 58,625 ROPS 22-23 retained for reserves RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
5 ROPS 22-23 RPTTF Prior Period Adjustment No entry required 654,513 PPA 22-23 submitted to County RPTTF amount should tie to the Agency's ROPS 22-23 PPA
form submitted to the CAC
6 Ending Actual Available Cash Balance (06/30/23) $- $9,229,160 $1,057,934 $(202,204) C to F= (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
Attachment 1
Coronado
Recognized Obligation Payment Schedule (ROPS 25-26) - Notes July 1, 2025 through June 30, 2026
Item # Notes/Comments
17 This is payments number 25 due on 12/30/2025 ($1,618 principal and $1,167 interest, total of $2,785)and number 26 due on 6/30/2026 ($1,658 principal and $1,127 interest, total of $2,785) 30 With total outstanding debts of approx. $65 million, the City accounting staff established an expense allocation methodology that starts with determining staff along with their approx. percentage of their time participating in SA affairs. These affairs include processing SA payments and reconciling the general ledger, processing payroll for participating staff, preparing, reviewing & submitting MSRB reports, and monitoring, receiving & calculating property tax bills for item #46. The average participating percentage for all staff members (for ROPS 2025-26 13.8%) is then used to allocate City Hall utilities and other overhead expenses. the ROPS 2025-26 the calculated admin cost is $342,733 46 Ad Valorem taxes as per participation agreement dated August 5, 2008. This amount is an estimated amount based on the previous year.
66 The amount requested in ROPS 2025-26 includes: 1) September 1, 2025 principal and interest payments of $7,945,000 and $1,072,375, respectively "A Period."; 2) TARB 2018 reserve balance adjustment of $495, 124. A reconciliation of the cash and the reserves totaled to available funds of $8,723,626, reserves needed are $9,218,750. This represents September 1, 2026 principal and items above for periods A & B is $10,386,249.
67 Please see Turbo Calculation schedule
68