Recognized Obligation Payment Schedule (ROPS 22-23) - Summary Filed for the July 1, 2022 through June 30, 2023 Period Successor Agency: Crescent City
County: Del Norte
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
22-23A Total
(July -
December)
22-23B Total
(January -
June)
ROPS 22-23
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 63,000 $ - $ 63,000 B Bond Proceeds - - -
C Reserve Balance - - -
D Other Funds 63,000 - 63,000
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 89,500 $ 2,500 $ 92,000 F RPTTF 89,500 2,500 92,000
G Administrative RPTTF - - -
H Current Period Enforceable Obligations (A+E) $ 152,500 $ 2,500 $ 155,000 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
Crescent City
Recognized Obligation Payment Schedule (ROPS 22-23) - ROPS Detail July 1, 2022 through June 30, 2023
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
22-23
Total
ROPS 22-23A (Jul - Dec)
22-23A
Total
ROPS 22-23B (Jan - Jun)
22-23B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds
RPTTF
Admin
RPTTF
$766,084 $155,000 $- $- $63,000 $89,500 $- $152,500 $- $- $- $2,500 $- $2,500 1 Water Fund
Loan *
City/County
Loan (Prior
06/28/11),
Other
01/01/
1996
06/30/2032 City of
Crescent
City Water
Utility
Debt to fund
non-housing
projects
RDA 1
& 2
716,084 N $150,000 - - 63,000 87,000 - $150,000 - - - - - $- 5 SERAF 2010
repayment *
SERAF/ERAF 03/01/
2010
06/30/2032 Crescent
City RDA
set-aside
repayment of
SERAF
payment
borrowed
RDA 1
& 2
- Y $- - - - - - $- - - - - - $-
7 Administrative
allowance
Admin Costs 07/01/
2016
06/30/2030 City of
Crescent
City
Administrative
allowance
RDA
1&2
50,000 N $5,000 - - - 2,500 - $2,500 - - - 2,500 - $2,500 Crescent City
Recognized Obligation Payment Schedule (ROPS 22-23) - Report of Cash Balances July 1, 2019 through June 30, 2020
(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 19-20 Cash Balances
(07/01/19 - 06/30/20)
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 07/01/19)
RPTTF amount should exclude "A" period distribution
amount.
- - - 110,751 - Amount reported on the 2020-21 ROPS of
$99,531 adjusted to reflect ledger balance
2 Revenue/Income (Actual 06/30/20)
RPTTF amount should tie to the ROPS 19-20 total
distribution from the County Auditor-Controller
2,361 28,098
3 Expenditures for ROPS 19-20 Enforceable Obligations
(Actual 06/30/20)
18,236 26,224
4 Retention of Available Cash Balance (Actual 06/30/20) RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
29,000 Amount of balance used in 21-22
5 ROPS 19-20 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 19-20 PPA
form submitted to the CAC
No entry required 1,874
6 Ending Actual Available Cash Balance (06/30/20)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $65,876 $-
Crescent City
Recognized Obligation Payment Schedule (ROPS 22-23) - Notes July 1, 2022 through June 30, 2023
Item # Notes/Comments
1 5
7