Recognized Obligation Payment Schedule (ROPS 23-24) - Summary Filed for the July 1, 2023 through June 30, 2024 Period Successor Agency: Pomona
County: Los Angeles
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
23-24A Total
(July -
December)
23-24B Total
(January -
June)
ROPS 23-24
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) $ 7,938,446 $ 4,932,532 $ 12,870,978 F RPTTF 7,757,012 4,751,101 12,508,113
G Administrative RPTTF 181,434 181,431 362,865
H Current Period Enforceable Obligations (A+E) $ 7,938,446 $ 4,932,532 $ 12,870,978 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
Pomona
Recognized Obligation Payment Schedule (ROPS 23-24) - ROPS Detail July 1, 2023 through June 30, 2024
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
23-24 Total
ROPS 23-24A (Jul - Dec)
23-24A
Total
ROPS 23-24B (Jan - Jun)
23-24B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
$199,596,746 $12,870,978 $- $- $- $7,757,012 $181,434 $7,938,446 $- $- $- $4,751,101 $181,431 $4,932,532 2 Series X Tax
Allocation
Refunding
Bonds
Bond
Reimbursement
Agreements
11/15/
1998
12/01/2024 US Bank Refinance &
fund public
improvements
Mt
Meadows
142,425 N $70,535 - - - 70,535 - $70,535 - - - - - $-
3 Series Y Tax
Allocation
Refunding
Bonds
Bond
Reimbursement
Agreements
11/15/
1998
05/01/2032 US Bank Refinance &
fund public
improvements
West Holt 5,229,100 N $582,200 - - - 582,200 - $582,200 - - - - - $- 8 Series AV
Taxable
Lease
Revenue
Bonds
(Refunded
by Series
BG)
Bond
Reimbursement
Agreements
12/20/
2006
06/01/2033 Zions Bank Ser AE
Obligation for
Mission
Promenade
Merged 2,916,709 N $291,587 - - - 174,952 - $174,952 - - - 116,635 - $116,635 13 Direct
Project Mgmt
Cost-
Finance
Admin Costs 01/01/
2014
06/30/2023 City of
Pomona
Employee
Project
management
cost
Merged 60,296 N $60,296 - - - - 30,148 $30,148 - - - - 30,148 $30,148 14 Trustee Fees Fees 03/31/
1998
06/01/2045 Bank of New
York/US Bank
Trustee Admin
Cost (PFA)
Merged 11,750 N $11,750 - - - 4,750 - $4,750 - - - 7,000 - $7,000 15 Disclosure
Reports
Services
Fees 03/31/
1998
06/01/2045 Urban Future Prepare annual
disclosure
reports
Merged 6,000 N $6,000 - - - 3,000 - $3,000 - - - 3,000 - $3,000 16 Bond
Arbitrage
Rebate
Services
Fees 03/31/
1998
06/01/2045 Arbitrage
Compliance
Services
Perform
arbitrage
rebate
calculation
Merged 4,000 N $4,000 - - - 2,000 - $2,000 - - - 2,000 - $2,000 17 Annual Audit
Services
Fees 03/31/
1998
06/01/2045 LSL CPAS Perform Audit
Services
Merged 8,500 N $8,500 - - - - - $- - - - 8,500 - $8,500 20 Direct Proj
Mgmt Cost-
Agreements
Admin Costs 01/01/
2014
06/30/2023 City of
Pomona
Employees
Project
management
cost
Merged 78,544 N $78,544 - - - - 39,272 $39,272 - - - - 39,272 $39,272 37 PBID
Assessments
Fees 07/20/
2009
05/19/2023 DPOA BID
Assessment
Tax
Downtown
I, II, III
- N $- - - - - - $- - - - - - $-
38 Employees
Leave
Balances
Admin Costs 01/01/
2014
06/30/2023 Agency
Employees
VL/SL
Balances
Downtown
I, II, III
4,500 N $4,500 - - - - 2,250 $2,250 - - - - 2,250 $2,250 40 Legal
Services -
Successor
Admin Costs 01/01/
2014
06/30/2023 Best Best &
Krieger
Legal Advice
for Successor
Agency
Merged 25,000 N $25,000 - - - - 12,500 $12,500 - - - - 12,500 $12,500
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
23-24 Total
ROPS 23-24A (Jul - Dec)
23-24A
Total
ROPS 23-24B (Jan - Jun)
23-24B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Agency
45 Claims Exp Unfunded
Liabilities
01/01/
2014
06/30/2023 Claimant -
various
Workers Comp Merged - N $- - - - - - $- - - - - - $-
46 Claims Exp Unfunded
Liabilities
01/01/
2014
06/30/2023 Former
Pomona
Employees
Unemployment
Claims
Merged - N $- - - - - - $- - - - - - $-
47 OPEB Unfunded
Liabilities
01/01/
2014
06/30/2020 Former
Pomona
Employees
Post
employment
benefits
Merged - N $- - - - - - $- - - - - - $-
48 Direct Proj
Mgmt Cost-
Prop
Disposition
Admin Costs 01/01/
2014
06/30/2023 City of
Pomona
Employee
Project
management
cost
Merged 91,058 N $91,058 - - - - 45,530 $45,530 - - - - 45,528 $45,528 56 Property
Maintenance
Property
Maintenance
01/01/
2014
06/30/2023 Lowest
Bidder
Various
addresses
Merged 5,500 N $5,500 - - - 2,750 - $2,750 - - - 2,750 - $2,750 62 Property
Disposition
Cost
Property
Dispositions
01/01/
2014
06/30/2023 Appraisal
Company
Appraisal
Services
Downtown
III
- N $- - - - - - $- - - - - - $-
63 Property
Disposition
Cost
Property
Dispositions
01/01/
2014
06/30/2023 Escrow
Company
Escrow fees Merged - N $- - - - - - $- - - - - - $-
64 Property
Disposition
Cost
Property
Dispositions
01/01/
2014
06/30/2023 Title
Company
Title fees
($3000/
property)
Merged - N $- - - - - - $- - - - - - $-
65 Property
Disposition
Cost
Property
Dispositions
01/01/
2014
06/30/2023 County of LA County tax
(property)
Merged - N $- - - - - - $- - - - - - $-
66 Property
Disposition
Cost
Property
Dispositions
01/01/
2014
06/30/2023 City of
Pomona
City tax ($2200/
property)
Merged - N $- - - - - - $- - - - - - $-
67 Property
Disposition
Cost
Property
Dispositions
01/01/
2014
06/30/2023 County of LA
- Recording
Recording fees
($75/property)
Merged - N $- - - - - - $- - - - - - $-
70 County
Deferral Tax
Loans
Miscellaneous 06/30/
1989
02/01/2041 County of Los
Angeles
Southwest
Pomona
Project Area
Merged 60,844,775 N $- - - - - - $- - - - - - $-
71 County
Deferral Tax
Loans
Miscellaneous 10/30/
1991
02/01/2041 County of Los
Angeles
S Garey/
Freeway
Corridor Project
Area
Southwest 2,261,455 N $- - - - - - $- - - - - - $-
73 City
Advances
and Loans
City/County
Loan (Prior 06/
28/11), Cash
exchange
06/21/
1982
02/01/2041 City of
Pomona
Advances and
Loans to RDA
(See NOTES)
Merged - N $- - - - - - $- - - - - - $-
74 SB211
Statutory
(FY11-12)
Miscellaneous 07/01/
2011
01/31/2012 County of Los
Angeles
Pass-through
Obligation (July
11- Jan 12)
Merged - 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
23-24 Total
ROPS 23-24A (Jul - Dec)
23-24A
Total
ROPS 23-24B (Jan - Jun)
23-24B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
75 Personnel
Expenses
Admin Costs 01/01/
2014
06/30/2023 City of
Pomona
Employees
Salaries &
benefits
Merged 19,470 N $19,470 - - - - 9,735 $9,735 - - - - 9,735 $9,735 76 Controllable
Expenses
Admin Costs 01/01/
2014
06/30/2023 See
Administrative
Budget
Supplies,
maintenance,
special prog
Merged 22,397 N $22,397 - - - - 11,199 $11,199 - - - - 11,198 $11,198 77 Utilities
Expenses
Admin Costs 01/01/
2014
06/30/2023 TelePacific Telephone/
Utilities
Merged 1,600 N $1,600 - - - - 800 $800 - - - - 800 $800 78 Allocated
costs & self
insurance
Admin Costs 01/01/
2014
06/30/2023 City of
Pomona
Info sys,
insurance &
Admin chrg
Merged 60,000 N $60,000 - - - - 30,000 $30,000 - - - - 30,000 $30,000 102 Excess Bond
Proceeds
Master
Agreement
Bonds Issued
On or Before
12/31/10
08/13/
2015
08/13/2025 Various
Contractor
To allow bonds
issued to the
former Pomona
Redevelopment
Agency to be
expended in
the manner
intended at the
time of
issuance.
Merged - N $- - - - - - $- - - - - - $-
104 Series BI Tax
Allocation
Bond
Refunding
(Refunding
Series W,
AD, AH, AQ,
AS, AT, AX,
AW)
Bond
Reimbursement
Agreements
07/01/
2018
02/01/2041 Zions Bank Current
Refunding of
outstanding
Successor
Agency bonds
for Savings
Merged 127,803,667 N $11,528,041 - - - 6,916,825 - $6,916,825 - - - 4,611,216 - $4,611,216 106 LA County
Annual
Contribution
to Low/Mod
Miscellaneous 06/30/
1989
02/01/2041 City of
Pomona Low/
Mod
Southwest
Pomona
Project Area
- N $- - - - - - $- - - - - - $-
Pomona
Recognized Obligation Payment Schedule (ROPS 23-24) - Report of Cash Balances July 1, 2020 through June 30, 2021
(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 20-21 Cash Balances
(07/01/20 - 06/30/21)
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 07/01/20)
RPTTF amount should exclude "A" period distribution
amount.
970,670 3,021,390 1,218,812 Prior ROPS RPTTF Distributed as reserve for future periods includes 18-19 PPA of
$2,374,044, 19-20 PPA of $316,611, and
$149,207 of 18-19 expenditures posted in
future periods.
2 Revenue/Income (Actual 06/30/21)
RPTTF amount should tie to the ROPS 20-21 total
distribution from the County Auditor-Controller
85 297,932 13,319,474
3 Expenditures for ROPS 20-21 Enforceable Obligations
(Actual 06/30/21)
179 182,425 68,647 13,138,811 $182,425 relates to advance obligation payment that was approved in ROPS 21-22
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)
970,576 2,838,965 1,448,097
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
No entry required 180,663 Estimated 20-21 ROPS Prior Period Adjustment. Not completed yet CAC.
6 Ending Actual Available Cash Balance (06/30/21)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $- $-
Pomona
Recognized Obligation Payment Schedule (ROPS 23-24) - Notes July 1, 2023 through June 30, 2024
Item # Notes/Comments
2 3
8 13
14 15
16 17
20 37
38 40
45 46
47 48
56 62
63 64
65 66
67 70
71 73
74 75
76 77
78 102
104
Pomona
Recognized Obligation Payment Schedule (ROPS 23-24) - Notes July 1, 2023 through June 30, 2024
Item # Notes/Comments
106