EXHIBIT 1
Successor Debt
Agency Service Total
Beginning Available Balance 5,687,708 1,006,572 6,694,280 Revenue
Tax Increment 9,488,081 - 9,488,081 Investment Income - - - Refunds, reimbursements and others 6,888 - 6,888 9,494,969 - 9,494,969
Expenditures
County Admin Fee and tax entity payments
Administration & Overhead 340,034 10,000 350,034 Property Maintenance - - - Legal - - -
Property Taxes - - - City Indirect Costs - - - Capital projects - - - Debt Service - 7,451,438 7,451,438 340,034 7,461,438 7,801,472
Transfers
Transfer - Admin - - - Transfer - Low/Mod (SERAF payment) - - - Transfer - 231 Debt Service (7,461,438) 7,461,438 - Transfer - General Fund - - - Transfer - CIP (1,012,346) (1,012,346)
Transfer - CDBG (1,747,243) - (1,747,243) Transfer - Parking Authority - - - (10,221,027) 7,461,438 (2,759,589)
Net Annual Activity (1,066,092) - (1,066,092) Ending Available Balance 4,621,616 * 1,006,572 * 5,628,188
CITY OF STOCKTON
SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF STOCKTON FY 2022-23 PROPOSED BUDGET
*Excess funds will be retained by the SJ County Auditor-Controller and distributed to taxing entities (ie. County, City, schools, and special districts).