Attachment 2
Hesperia
San Bernardino
24-25 A Total
(July - December)
24-25 B Total
(January -
June)
ROPS 24-25
Total
A Enforceable Obligations Funded as Follows (B+C+D): 1,008,441$ -$ 1,008,441$ B Bond Proceeds - - - C Reserve Balance 1,000,000 - 1,000,000 D Other Funds 8,441 - 8,441 E Redevelopment Property Tax Trust Fund (RPTTF) (F+G): 6,981,934$ 2,834,062$ 9,815,996$ F RPTTF 6,924,281 2,776,409 9,700,690 G Administrative RPTTF 57,653 57,653 115,306 H Current Period Enforceable Obligations (A+E): 7,990,375$ 2,834,062$ 10,824,437$ Name Title
Signature Date
Recognized Obligation Payment Schedule (ROPS 24-25) - Summary Filed for the July 1, 2024 through June 30, 2025 Period 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.
Certification of Oversight Board Chairman:
Successor Agency:
County:
Current Period Requested Funding for Enforceable Obligations (ROPS Detail)
A B C D E F G H I J K M N O P Q U V W
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF RPTTF Admin
RPTTF
127,683,279$ 10,824,437$ 1,000,000$ 8,441$ 6,924,281$ 57,653$ 7,990,375$ 2,776,409$ 57,653$ 2,834,062$ 74 Administrative Costs Admin Costs 7/1/2012 9/1/2037 Successor Agency; City of Hesperia;
Consultants
Agency administrative costs 1 & 2 1,830,000$ N 115,306$ 57,653 57,653$ 57,653 57,653$ 76 Hesperia 2018A
TARBS
Refunding Bonds
Issued After
6/27/12
9/11/2018 9/1/2037 U.S. Bank Refunding of 2005 and 2007 bond series for interest
savings
1 & 2 97,633,053$ N 3,304,068$ 8,441 1,643,593 1,652,034$ 1,652,034 1,652,034$ 77 Hesperia 2018B
TARBS
Refunding Bonds
Issued After
6/27/12
9/11/2018 9/1/2026 U.S. Bank Refunding of 2005 and 2007 bond series for interest
savings
1 & 2 14,072,363$ N 6,397,063$ 1,000,000 5,272,688 6,272,688$ 124,375 124,375$ 78 Bond Payment
Reserves
Reserves 9/11/2018 9/1/2037 U.S. Bank Reserves for bond payment, needed due to cash flow -
H&SC 34171(d)(1)(A)
1 & 2 14,072,363$ 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 U.S. Bank Bond Administration Fees for 2018 TARBS
1 & 2 56,000$ N 4,000$ 4,000 4,000$ -$ 80 Trustee Bond
Administration Fees -
2018 TARBS - Series
B
Fees 9/11/2018 9/1/2026 U.S. Bank Bond Administration Fees for 2018 TARBS
1 & 2 12,000$ N 4,000$ 4,000 4,000$ -$ 82 Arbitrage - 2018
TARBS Series A & B
Fees 9/11/2018 9/1/2037 Willdan Bond Arbitrage for 2018 TARBS
1 & 2 7,500$ N -$ -$ -$ ROPS 24-25B (Jan - Jun)
Fund Sources
Hesperia Recognized Obligation Payment Schedule (ROPS 24-25) - ROPS Detail July 1, 2024 through June 30, 2025
Item
# Project Name Obligation Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total Outstanding
Obligation
24-25 B
TotalRetired ROPS 24-25
Total
ROPS 24-25 A (Jul - Dec)
Fund Sources 24-25 A
Total
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 07/01/21)
RPTTF amount should exclude "A" period distribution amount. 1,196,404 183,308 220,069 E: $55,960 PPA 19-20 (ROPS 22-23) + $134,783 reserved for ROPS 21-22 + $1,000,000 debt service reserve held
from ROPS 20-21 + $5,661 PPA 20-21 (ROPS 23-24) F:
$95,358 for ROPS 21-22 Item 76 + $55,986 reserved for
ROPS 22-23 +$31,964 reserved for ROPS 23-24, Item 76
G: $220,069 PPA 18-19 (ROPS 21-22)
2 Revenue/Income (Actual 06/30/22)
RPTTF amounts should tie to the ROPS 21-22 total distribution from the County Auditor-Controller
8,441 9,396,970 G: 21-22 Revenues 3 Expenditures for ROPS 21-22 Enforceable Obligations
(Actual 06/30/22)
1,134,783 95,358 8,592,115 G: Matches PPA 21-22 expenses less Retention for debt service
4 Retention of Available Cash Balance (Actual 06/30/22) RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
61,621 87,950 1,000,000 E: $55,960 PPA 19-20 (ROPS 22-23) + $5,661 PPA 20-21 (ROPS 23-24) F: $55,986 reserved for ROPS 22-23 +
$31,964 reserved for ROPS 23-24, Item 76 G: Debt service reserve held for ROPS 22-23
5 ROPS 21-22 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 21-22 PPA
form submitted to the CAC
No entry required
24,924$
6 Ending Actual Available Cash Balance (06/30/22)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 + 5) -$ -$ -$ 8,441$ -$ Hesperia Recognized Obligation Payment Schedule (ROPS 24-25) - Report of Cash Balances July 1, 2021 through June 30, 2022
(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.
ROPS 21-22 Cash Balances
(07/01/21 - 06/30/22)
Fund Sources
Comments
Bond Proceeds
Item # Notes/Comments
Hesperia Recognized Obligation Payment Schedule (ROPS 24-25) - Notes July 1, 2024 through June 30, 2025