Attachment 2
Successor Agency: Hesperia
County: San Bernardino
Current Period Requested Funding for Enforceable Obligations (ROPS Detail) 23-24 A Total
(July - December)
23-24 B Total
(January - June) ROPS 23-24 Total
A Enforceable Obligations Funded as Follows (B+C+D): 1,000,000$ -$ 1,000,000$ B Bond Proceeds - - - C Reserve Balance 1,000,000 - 1,000,000 D Other Funds - - - E Redevelopment Property Tax Trust Fund (RPTTF) (F+G): 6,902,863$ 2,935,722$ 9,838,584$ F RPTTF 6,841,863 2,874,722 9,716,584 G Administrative RPTTF 61,000 61,000 122,000 H Current Period Enforceable Obligations (A+E): 7,902,863$ 2,935,722$ 10,838,584$ 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. Signature Date
Recognized Obligation Payment Schedule (ROPS 23-24) - Summary Filed for the July 1, 2023 through June 30, 2024 Period
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 143,977,878$ 10,838,584$ -$ 1,000,000$ -$ 6,841,863$ 61,000$ 7,902,863$ -$ -$ -$ 2,874,722$ 61,000$ 2,935,722$ 74 Administrative Costs Admin Costs 7/1/2012 9/1/2037 Successor Agency; City of Hesperia; RSG, Inc.;
Agency administrative costs 1 & 2
1,952,000$ N 122,000$ 61,000 61,000$ 61,000 61,000$ 76 Hesperia 2018A TARBS Refunding Bonds Issued
After 6/27/12
9/11/2018 9/1/2037 Union Bank Refunding of 2005 and 2007 bond series for interest savings
1 & 2
100,937,122$ N 3,304,069$ 1,652,034 1,652,034$ 1,652,034 1,652,034$ 77 Hesperia 2018B TARBS Refunding Bonds Issued
After 6/27/12
9/11/2018 9/1/2037 Union Bank Refunding of 2005 and 2007 bond series for interest savings
1 & 2
20,474,378$ N 6,402,016$ 1,000,000 5,179,328 6,179,328$ 222,688 222,688$ 78 Bond Payment Reserves Reserves 9/11/2018 9/1/2037 Union Bank Reserves for bond payment, needed due to cash flow - H&SC
34171(d)(1)(A)
1 & 2
20,474,378$ N 1,000,000$ -$ 1,000,000 1,000,000$ 79 Trustee Bond Administration Fees -
2018 TARBS - Series A
Fees 9/11/2018 9/1/2037 Union Bank Bond Administration Fees for 2018 TARBS
1 & 2
60,000$ N 4,000$ 4,000 4,000$ -$ 80 Trustee Bond Administration Fees -
2018 TARBS - Series B
Fees
9/11/2018 9/1/2037 Union Bank Bond Administration Fees for 2018 T 1 & 2 16,000$ N 4,000$ 4,000 4,000$ -$ 81 Continuing Disclosures - 2018
TARBS Series A & B
Professional Services
43354 50284 Urban Futures, Inc. Professional services to fulfill ann 1 & 2 54,000$ N -$ -$ -$ 82 Arbitrage - 2018 TARBS Series A
& B
Fees
43354 50284 Union Bank Bond Arbitrage for 2018 TARBS 1 & 2 10,000$ N 2,500$ 2,500 2,500$ -$ ROPS 23-24
Total
23-24 A (July - December)
Fund Sources 23-24 A
Total
23-24 B (January - June)
Fund Sources
Hesperia Recognized Obligation Payment Schedule (ROPS 23-24) - ROPS Detail July 1, 2023 through June 30, 2024
(Report Amounts in Whole Dollars)
Item # Project Name/Debt Obligation Obligation Type Contract/Agreement Execution Date
Contract/Agreement
Termination Date Payee Description/Project Scope Project Area Total
Outstanding
Debt or
Obligation
23-24 B
TotalRetired
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 (Actual 07/01/20)
RPTTF amount should exclude "A" period distribution amount 1,410,811 467,585 271,312 E: $1,000,000 Reserve Balance for ROPS 20-21 Item 77 +
$220,069 PPA 18-19 (ROPS 21-22) +$55,959 PPA 19-20
(ROPS 22-23) + $134,783 reserved for ROPS 21-22
F:$316,241 for ROPS 20-21 Item 77 + $95,358 for ROPS
21-22 Item 76 + $55,986 reserved for ROPS 22-23
G: $271,312 PPA 17-18 (ROPS 20-21)
2 Revenue/Income (Actual 06/30/21)
RPTTF amount should tie to the ROPS 18-19 total distribution from the County Auditor-Controller 31,964 9,262,827 3 Expenditures for ROPS 20-21 Enforceable Obligations
(Actual 06/30/21)
1,000,000 316,241 8,528,477 Matches PPA 20-21 submitted to County Auditor-controller 4 Retention of Available Cash Balance (Actual 06/30/21) RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
410,811 151,344 1,000,000 E: $220,069 PPA 18-19 (ROPS 21-22) +$55,959 PPA 19-
20 (ROPS 22-23) + $134,783 reserved for ROPS 21-22
F: $95,358 for ROPS 21-22 Item 76 + $55,986 reserved for ROPS 22-23
G: Bond debt service reserve for next A period
5 ROPS 20-21 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 20-21 PPA
form submitted to the CAC
5,662 PPA ROPS 20-21
6 Ending Actual Available Cash Balance (06/30/21)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5) 0$ 0$ 0$ 31,964$ 0$ Apply verified balance to ROPS 23-24 Item 74 No entry required
Hesperia Recognized Obligation Payment Schedule (ROPS 23-24) - Report of Cash Balances July 1, 2020 through June 30, 2021
(Report Amounts in Whole Dollars)
ROPS 20-21 Cash Balances
(07/01/20 - 06/30/21)
Fund Sources
Comments
Bond Proceeds
Item # Notes/Comments
Hesperia Recognized Obligation Payment Schedule (ROPS 23-24) - Notes July 1, 2023 through June 30, 2024