Since the sendee’s implementation, the community’s reaction to the service has been positive.
Key performance indicators, including inbound interactions, outbound communications and resident-initiated cases have been trending upwards. Most importantly, since August 2023, the service has resulted in 20 appointments into care. These are 20 people that likely would otherwise not have had the ability to secure those appointments on their own. For the first five months of the pilot program, the service has proved to be an important resource for the Lakewood community and should be continued until June 30, 2024.
RECOMMENDATION
That the City Council approve the five-month contract extension with Care Solace, Inc. until June 30, 2024 and appropriate $28,125 of American Rescue Plan Act funds.
Paolo Beltran
Deputy City Manager
Thaddeus McCormack
City Manager
TUL <C?
^ ^
(OJT*
SUCCESSOR AGENCY AGENDA
December 12, 2023
TO: The Honorable Successor Agency to the former Redevelopment Agency to the City of Lakewood
SUBJECT: Recognized Obligation Payment Schedule (ROPS) for July 1, 2024 through June 30, 2025 -ROPS 24-25 and Administrative Budget FY 24-25
INTRODUCTION
The Successor Agency is required to submit an annual ROPS pursuant to California Health and Safety Code Section 34177(o)(l) to the county auditor controller and Department of Finance (DOF) no later than February 1
st
, with an annual amendment process as stated in Section 34177(o)(l)(E).
STATEMENT OF FACT
The ROPS 24-25 includes the following updates:
• As adopted by Oversight Board Resolution No. OB-2016-3 and as allowed by H&S Section 34191.4(b), the loan agreements between the redevelopment agency and the low and moderate income housing fund are available for repayment starting in FY 19-20. This includes the Educational Revenue Augmentation Fund (ERAF) loan outstanding in the amount of $90,492, the Supplemental Educational Revenue Augmentation Fund (SERAF) loans totaling $685,864, and the $1,085,310 deferred housing funds. Repayment is subject to the calculation set forth by H&S Section 34191.4(b)(3)(A). Repayment of housing loans has priority over repayment of any other loans to the city. • Per H&S Code 34191.4(b) upon issue of finding of completion by the DOF and approval of the oversight board, loan agreements entered into between the redevelopment agency and the city shall be deemed to be enforceable and shall be recalculated at three percent. Twenty percent of repayment is to be set-aside for The Housing Successor Agency. Loans will be reassessed at four percent after DOF approval of the Last and Final ROPS. • Per DOF’s letter dated December 17, 2015, they approved the unfunded pension obligations but asked that the liabilities calculation be based on the fixed amount from 2012 and not the one updated in 2013, as originally requested by the Agency. CalPERS recalculates liabilities annually to reflect new factors. The Agency's stance is that although the Successor Agency ceased to exist in January 2012, the liabilities continue to change therefore the calculation should be updated accordingly.
RECOMMENDATION
It is recommended that the City Council approve the Recognized Obligations Payment Schedule for July 1, 2024 Through June 30, 2025 -ROPS 24-25 and the Administrative Budget for FY 24-25.
Thaddeus McCormack
City Manager
Jose Gomez
Director of Finance & Administrative Services
LSA-f
Successor Agency to the former Lakewood Redevelopment Agency Administrative Budget
Fiscal Year 2024-2025
Annual Cost to the Requested ROPS 24-25 A ROPS 24-25 B
Expense Category Successor Agency Admin Allowance JUL- DEC 2024 JAN- JUN 2025 Description Personnel Expenses
City Manager 35,183
Deputy City Manager 26,998
City Attorney 20,702
City Clerk 18,258
Assistant City Clerk 12,823
Director of Finance and Administrative Services 63,007
Asst. Director of Finance and Administrative Services 36,516 Senior Accountant 14,945
Accountant 11,070
Accounting Technician 9,959
Personnel Subtotal 249,463 225,500 112,750 112,750
Services and Contractual Expenses
Accounting and Auditing 5,000 Audits, accounting services, and other financial-related services Professional Services 5,000 Financial systems used to track and account for successor agency activities Overhead and Departmental Supplies 14,500 Supplies, office overhead, and other related expenses Services and Contractual Subtotal 24,500 24,500 12,250 12,250 Total Expenses 273,963 250,000 125,000 125,000
Overall administration of the Successor Agency (SA), reviews SA agendas and reports, reviews SA budget, provides legal guidance to the SA, and maintains SA online documents.Compiles and reviews SA agendas and reports, gathers and retains SA documents, and monitors SA records.
Prepares the Recognized Obligation Payment Schedule (ROPS), Prior Period Adjustment (PPA), Meet & Confer forms as required by the H&S Code. Prepares the staff reports and resolutions for the SA and Oversight Board (OB). Coordinates and answer questions for the OB, LA County Board of Supervisor Executive Office, LA County Auditor-Controller, DOF, and other agencies; monitors and reconciles incoming and outgoing cash flow. Processes the disbursements of obligations, Recognized Obligation Payment Schedule (ROPS 24-25) - Summary Filed for the July 1, 2024 through June 30, 2025 Period Successor Agency: Lakewood
County: Los Angeles
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
24-25A Total
(July -
December)
24-25B Total
(January -
June)
ROPS 24-25
Total
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) $ 1,864,832 $ 2,173,786 $ 4,038,618 F RPTTF 1,739,832 2,048,786 3,788,618
G Administrative RPTTF 125,000 125,000 250,000
H Current Period Enforceable Obligations (A+E) $ 1,864,832 $ 2,173,786 $ 4,038,618 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
Lakewood
Recognized Obligation Payment Schedule (ROPS 24-25) - ROPS Detail July 1, 2024 through June 30, 2025
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
24-25
Total
ROPS 24-25A (Jul - Dec)
24-25A
Total
ROPS 24-25B (Jan - Jun)
24-25B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds
RPTTF
Admin
RPTTF
$18,665,752 $4,038,618 $- $- $- $1,739,832 $125,000 $1,864,832 $- $- $- $2,048,786 $125,000 $2,173,786 7 County
Deferral
Unfunded
Liabilities
06/27/
1989
06/30/2042 County of
Los
Angeles
County
Deferral Loan
Project
Area 2
756,943 N $- - - - - - $- - - - - - $-
9 Housing Fund
Deficit
Unfunded
Liabilities
06/30/
1999
06/30/2022 Low and
Moderate
Income
Housing
Fund
Housing fund
deficit
repayments
(HSC section
3334.6(d))
Project
Area 1
1,085,310 N $1,085,310 - - - - - $- - - - 1,085,310 - $1,085,310 17 Administrative
Costs
Admin
Costs
07/01/
2020
06/30/2022 City of
Lakewood
Administrative
costs
including
staff, audit,
payroll, legal,
and other
administrative
costs.
All
Project
Areas
250,000 N $250,000 - - - - 125,000 $125,000 - - - - 125,000 $125,000 18 LMIHF Loan
(SERAF)
SERAF/
ERAF
05/10/
2010
06/30/2042 Low and
Moderate
Income
Housing
Fund
Loan for
SERAF
payment to
County for FY
09/10 (HSC
section 33690
(c)(1))
All
Project
Areas
23,756 N $23,756 - - - 23,756 - $23,756 - - - - - $-
19 LMIHF Loan
(SERAF)
SERAF/
ERAF
05/04/
2011
06/30/2042 Low and
Moderate
Income
Housing
Fund
Loan for
SERAF
payment to
County for FY
10/11 (HSC
section 33690
(c)(1))
All
Project
Areas
662,108 N $662,108 - - - 662,108 - $662,108 - - - - - $- 20 LMIHF Loan
(ERAF)
SERAF/
ERAF
05/10/
2005
06/30/2042 Low and
Moderate
Income
Housing
Fund
Loan for
ERAF
payment to
County for FY
04/05 (HSC
section
33681.12 (b))
All
Project
Areas
90,492 N $90,492 - - - 90,492 - $90,492 - - - - - $-
21 City Loans
and
Advances to
Agency
City/
County
Loan
(Prior 06/
12/17/
1985
06/30/2042 City of
Lakewood
Loans for
development
and financial
assistance of
All
Project
Areas
11,096,153 N $- - - - - - $- - - - - - $-
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
24-25
Total
ROPS 24-25A (Jul - Dec)
24-25A
Total
ROPS 24-25B (Jan - Jun)
24-25B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds
RPTTF
Admin
RPTTF
28/11),
Cash
exchange
Project Areas
1, 2, and 3
(80%)
22 City Loans
and
Advances to
Agency
City/
County
Loan
(Prior 06/
28/11),
Cash
exchange
12/17/
1985
06/30/2042 Lakewood
Housing
Successor
Loans for
development
and financial
assistance of
Project Areas
1, 2, and 3
(20%)
All
Project
Areas
2,774,038 N $- - - - - - $- - - - - - $-
30 Proportional
Share of
Unfunded
Pension
Liabilities
Unfunded
Liabilities
01/01/
2020
06/30/2022 City of
Lakewood
Obligation to
Share in
Payment of
Unfunded
Liabilities
All
Project
Areas
1,926,952 N $1,926,952 - - - 963,476 - $963,476 - - - 963,476 - $963,476 Lakewood
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 (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 21-22 Cash Balances
(07/01/21 - 06/30/22)
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 07/01/21)
RPTTF amount should exclude "A" period distribution
amount.
542,924 787,935
2 Revenue/Income (Actual 06/30/22)
RPTTF amount should tie to the ROPS 21-22 total
distribution from the County Auditor-Controller
963,049
3 Expenditures for ROPS 21-22 Enforceable Obligations
(Actual 06/30/22)
963,049
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)
542,924 787,935 Retained 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
6 Ending Actual Available Cash Balance (06/30/22)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $- $-
Lakewood
Recognized Obligation Payment Schedule (ROPS 24-25) - Notes July 1, 2024 through June 30, 2025
Item # Notes/Comments
7 9
17 18 Per H&S Code 34191.4(b)(3)(A) the maximum repayment amount authorized each fiscal year for repayments shall be equal to one-half of the increase between the amount distributed to the taxing entities and the amount distributed to taxing entities 2012-13 base year. Listed is the estimated maximum RPTTF available for distribution to Lakewood Successor Agency to repay approved ERAF/ SERAF loans.
19 Per H&S Code 34191.4(b)(3)(A) the maximum repayment amount authorized each fiscal year for repayments shall be equal to one-half of the increase between the amount distributed to the taxing entities and the amount distributed to taxing entities 2012-13 base year. Listed is the estimated maximum RPTTF available for distribution to Lakewood Successor Agency to repay approved ERAF/ SERAF loans.
20 Per H&S Code 34191.4(b)(3)(A) the maximum repayment amount authorized each fiscal year for repayments shall be equal to one-half of the increase between the amount distributed to the taxing entities and the amount distributed to taxing entities 2012-13 base year. Listed is the estimated maximum RPTTF available for distribution to Lakewood Successor Agency to repay approved ERAF/ SERAF loans.
21 22
30 Per DOF letter dated December 17, 2015, the DOF approved the unfunded pension obligation but stated that liabilities calculation be based on the dissolution year 2012 and not 2013 as originally requested by the Agency. CalPERS recalculated pension liabilities in 2013 to reflect new factors such as mortality rate. The Agency's stance is that although the Successor Agency ceased to exist in January 2012, the liabilities continue to exist, therefore, calculation should be updated accordingly.