Recognized Obligation Payment Schedule (ROPS 24-25) - Summary Filed for the July 1, 2024 through June 30, 2025 Period Successor Agency: Redondo Beach
County: Los Angeles
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
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)
F RPTTF
G Administrative RPTTF
H Current Period Enforceable Obligations (A+E)
Certification of Oversight Board Chairman:
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
24-25A Total 24-25B Total ROPS 24-25
Total (July - (January -
December) June)
$ - $ - $
$ 145,293 $ 850,293 $ 995,586
66,006 771,007 837,013
79,287 79,286 158,573
$ 145,293 $ 850,293 $ 995,586
Name Title
the above named successor agency. /
s/ _______________ _
Signature Date
Jayme Wilson Chair
1-31-2024
Redondo Beach
Recognized Obligation Payment Schedule (ROPS 24-25) - ROPS Detail July 1,2024 through June 30,2025
A B c o E F G H I J K L M N o P o R S T U w
Item
#
Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
24-25
Total
ROPS 24-25A (Jul - Dec)
24-25A
Total
24-258
Total
Fund Sources Fund Sources
Date Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF AdminRPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF AdminRPTTF
$1 2,200,685 QOOA TOA $- S- $- $79.287 $1 45,293
1996 Tax
Allocation
Bonds
Revenue
Bonds
lssued
On or
Before
12,31t10
07to1t
1996
07t01t2026 US BanK Improvements
within South
Bay Center
pro.iect area
Ail 1,675,928 N $837,013 66.006 s66,006 771,007 $771.007 4 County
Deferral
Loans
ThirdParty
Loans
02t141
1 984
06t3012032 County
of Los
Angeles
Aviation Project
Areas
AI 4.902.572 N $- $- $-
8 Administration
Costs
Admin
Costs
07t01t
2023
06t30t2025 City of
Redondo
Beach
Annual amount
estimated to be
paid to the City
for Agency
administration
sewices
All 'r 58,573 N 79,287 $79,287 79.286 s79,286
9 County
Deferral
Loans
ThirdParty
Loans
11t151
1983
06t30t2028 County
of Los
Angeles
South Bay
Center
Ail 3,770.950 N $- $- $-
IJ Supplemental
Educational
Revenue
Augmentation
Fund Loan
SERAF/
ERAF
06/1 5/
201 0
06t30t2025 Redondo
Beach
Housing
Authority
Funding for
local school
districts
Ail 1,403,671 N c_ (- $-
14 Supplemental
Educational
Revenue
Augmentation
Fund Loan
SERAF/
ERAF
05/03/
2011
06t30t2025 Redondo
Beach
Housing
Authority
Funding for
local school
districts
Ail 288.991 N $- $- $-
ROPS 24-258 (Jan - Jun)
s- $- $- $771,007 s79,286 $850,293
Redondo Beach
Recognized Obligation Payment Schedule (ROPS 24-251- Report of Cash Balances July 1,2021 through June 30,2022
(Report Amounts in Whole Dollars)
PuBuanfto Hoalth and Safety Code s€ction 34177 (l), Red€vslopm€nl Property Tax Trst Fund (RPTTF) may be li6l€d as a sourc€ or paym€nt on lhe ROPS, but only lo ths €xlent no oth€r tunding sourc€ is avaihblo or vvhen paymenl from pmp€ny tax rcv6nuos is requnEd by an enlorceabl€ obligation.
A B c D E F G H
ROPS 2'l-22 Cash Balances
(07t0'U21 - 06130122l
Fund Sources
Comments
Bond Proceeds Reserve Balance Other Funds RPTTF
Bonds issued
on or before
12t31t',t0
Bonds issued
on or afler
ula1l11
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 0710'll21l
RPTTF amount should exclude "A" period distribution
amount.
807,777 (16)
2 Reven ue/lncome (Actual 06130 122lRPTTF amount should tie to the ROPS 21-22lolal distribution from the County Auditor-Controller
240,871 124,984
3 Expenditures for ROPS 21-22 Enlorceable Obligations
(Actual 06/30/22)
961,802 124,968
4 Retention of Available Cash Balance (Actual 061301221 RPTTF amount retained should only include the amounts
distributed as reserye for future period(s)
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 -S)
$- $- $- $86,846 $-
Redondo Beach
Recognized Obligation Payment Schedule (ROPS 24-251- Notes July 1 ,2024 through June 30,2025
ltem # Notes/Comments
2 4
8 I
13 14