Recognized Obligation Payment Schedule (ROPS 26-27) - Summary Filed for the July 1, 2026 through June 30, 2027 Period Successor Agency: San Marcos
County: San Diego
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
26-27A Total
(July -
December)
26-27B Total
(January -
June)
ROPS 26-27
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 1,751,927 $ 1,271,681 $ 3,023,608 B Bond Proceeds - - -
C Reserve Balance - - -
D Other Funds 1,751,927 1,271,681 3,023,608
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 9,427,667 $ 10,863,823 $ 20,291,490 F RPTTF 9,315,274 10,751,431 20,066,705
G Administrative RPTTF 112,393 112,392 224,785
H Current Period Enforceable Obligations (A+E) $ 11,179,594 $ 12,135,504 $ 23,315,098 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
San Marcos
Recognized Obligation Payment Schedule (ROPS 26-27) - ROPS Detail July 1, 2026 through June 30, 2027
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
26-27 Total
ROPS 26-27A (Jul - Dec)
26-27A
Total
ROPS 26-27B (Jan - Jun)
26-27B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
$224,895,134 $23,315,098 $- $- $1,751,927 $9,315,274 $112,393 $11,179,594 $- $- $1,271,681 $10,751,431 $112,392 $12,135,504 48 Agency
Administration/
Operations
Admin
Costs
07/01/
2026
06/30/2027 City of
San
Marcos
Successor
Agency
Administrative
Costs
All 144,785 N $144,785 - - - - 72,393 $72,393 - - - - 72,392 $72,392 49 Contract for
Attorney
Services
Admin
Costs
07/01/
2026
06/30/2027 LFA&P/
Various
as
needed
Legal
Consulting
Services
All 40,000 N $40,000 - - - - 20,000 $20,000 - - - - 20,000 $20,000 50 Contract for
Consulting
Services
Admin
Costs
07/01/
2026
06/30/2027 Eide
Bailly/
RAMS
Financial
Consulting
Services
All 40,000 N $40,000 - - - - 20,000 $20,000 - - - - 20,000 $20,000 140 Tax Allocation
Refunding
Bonds, Series
2015A
Refunding
Bonds
Issued
After 6/
27/12
07/01/
2015
10/01/2034 US
Bank
Debt Service - Y $- - - - - - $- - - - - - $-
141 Taxable Tax
Allocation
Refunding
Bonds, Series
2015B
Refunding
Bonds
Issued
After 6/
27/12
07/01/
2015
10/01/2038 US
Bank
Debt Service 108,699,481 N $9,599,431 - - - 4,363,732 - $4,363,732 - - - 5,235,699 - $5,235,699 142 Taxable Tax
Allocation
Refunding
Bonds, Series
2015B
Fees 07/01/
2015
10/01/2038 US
Bank
Trustee Fees 34,192 N $2,750 - - - 2,750 - $2,750 - - - - - $- 143 Taxable Tax
Allocation
Refunding
Bonds, Series
2015B
Fees 07/01/
2015
10/01/2038 30360/
Eide
Bailly
Post
Issuance
Bond
Compliance
32,500 N $2,500 - - - 2,500 - $2,500 - - - - - $-
145 Taxable Tax
Allocation
Refunding
Bonds, Series
2017
Refunding
Bonds
Issued
After 6/
27/12
12/01/
2017
10/01/2030 US
Bank
Debt Service 21,307,894 N $4,218,294 - - - 2,055,687 - $2,055,687 - - - 2,162,607 - $2,162,607 146 Taxable Tax
Allocation
Refunding
Bonds, Series
2017
Fees 12/01/
2017
10/01/2030 US
Bank
Trustee Fees 12,146 N $2,750 - - - 2,750 - $2,750 - - - - - $- 147 Taxable Tax
Allocation
Fees 12/01/
2017
10/01/2030 30360/
Eide
Post
Issuance
12,500 N $2,500 - - - 2,500 - $2,500 - - - - - $-
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
26-27 Total
ROPS 26-27A (Jul - Dec)
26-27A
Total
ROPS 26-27B (Jan - Jun)
26-27B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Refunding
Bonds, Series
2017
Bailly Bond
Compliance
148 2018 School
Pass-Through
Tax Revenue
Refunding
Bonds
Refunding
Bonds
Issued
After 6/
27/12
10/01/
2018
10/01/2039 US
Bank
Debt Service 41,803,469 N $3,023,608 - - 1,751,927 - - $1,751,927 - - 1,271,681 - - $1,271,681 149 2018 School
Pass-Through
Tax Revenue
Refunding
Bonds
Fees 10/01/
2018
10/01/2039 US
Bank
Trustee Fees 36,667 N $2,750 - - - 2,750 - $2,750 - - - - - $- 150 2018 School
Pass-Through
Tax Revenue
Refunding
Bonds
Fees 10/01/
2018
10/01/2039 30360/
Eide
Bailly
Post
Issuance
Bond
Compliance
35,000 N $2,500 - - - 2,500 - $2,500 - - - - - $-
151 Tax Allocation
Refunding
Bonds, Series
2025A
Refunding
Bonds
Issued
After 6/
27/12
10/01/
2025
10/01/2034 US
Bank
Debt Service 52,647,000 N $6,227,730 - - - 2,874,605 - $2,874,605 - - - 3,353,125 - $3,353,125 152 Tax Allocation
Refunding
Bonds, Series
2025A
Fees 10/01/
2025
10/01/2034 US
Bank
Trustee Fees 27,000 N $3,000 - - - 3,000 - $3,000 - - - - - $- 153 Tax Allocation
Refunding
Bonds, Series
2025A
Fees 10/01/
2025
10/01/2034 30360/
Eide
Bailly
Post
Issuance
Bond
Compliance
22,500 N $2,500 - - - 2,500 - $2,500 - - - - - $-
San Marcos
Recognized Obligation Payment Schedule (ROPS 26-27) - Report of Cash Balances July 1, 2023 through June 30, 2024
(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 23-24 Cash Balances
(07/01/23 - 06/30/24)
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 07/01/23)
RPTTF amount should exclude "A" period distribution
amount.
40,444,600 740,354 1,961,061 292,376 D1: 2015 bond plus 2017 bond reserve requirement. E1: GL cash balance, excluding
amounts reported in other categories per the
Cash Balance tips sheet. F1: 2022/23 ending
balance. G1: ROPS 23-24 distribution offset
by PPA amount.
2 Revenue/Income (Actual 06/30/24)
RPTTF amount should tie to the ROPS 23-24 total
distribution from the County Auditor-Controller
46,598,789 3,528,057 24,380,376 D2: Interest and RPTTF distributions. G2:
ROPS 23-24 distributions received 6/1/2023
for 23-24A and 1/3/2024 for 23-24B
3 Expenditures for ROPS 23-24 Enforceable Obligations
(Actual 06/30/24)
45,296,247 2,988,687 24,405,532 D3: 2015 bond and 2017 bond. 4 Retention of Available Cash Balance (Actual 06/30/24) RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
39,769,444 D4: Reserve requirements per indenture and
debt service for ROPS 23-24 for 2015 and
2017 bonds.
5 ROPS 23-24 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 23-24 PPA
form submitted to the CAC
No entry required 267,220 PPA FY23/24
6 Ending Actual Available Cash Balance (06/30/24) $- $1,977,698 $740,354 $2,500,431 $- 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 23-24 Cash Balances
(07/01/23 - 06/30/24)
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
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
San Marcos
Recognized Obligation Payment Schedule (ROPS 26-27) - Notes July 1, 2026 through June 30, 2027
Item # Notes/Comments
48 49
50 140 Refunded by 2025A Bonds, ROPS Item 151
141 Amounts per Indenture of Trust.
142
143
145 Amounts per Indenture of Trust.
146
147
148 Other Funding source: San Marcos Unified School District. Amount requested per Bond Pledge Acknowledgement Agreement.
149
150
151 Refunded 2015A Bonds, ROPS Item 140. Amounts per Indenture of Trust. 152
153