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SA_FULL PACKET_2016-07-05
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SA_FULL PACKET_2016-07-05
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Last modified
6/30/2016 5:41:03 PM
Creation date
6/30/2016 5:40:40 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
3
Date
7/5/2016
Destruction Year
2021
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Ms, Susan Gorospe May 16, 2016 <br />Santa Ana Community Development Agency Page 4 <br />Controller. The table will be updated upon the County Auditor-Controller's close <br />of the FY 2015 -16 tax year after August 2016. <br />7. Tax Levy and Collections Historic Comparison (South Main) —The South <br />Main Project Area's summary of FY 2010 -11 through FY 2014 -15 historic <br />computed receipts vis -a -vis actual Original Charge tax allocations will be <br />provided based on the County Auditor - Controller data. The table will be updated <br />upon the County Auditor - Controller's close of the FY 2015 -16 tax year after <br />August 2016. <br />B. Summary of Assessment Appeal (Merged) —Combined summary of open <br />appeals and their corresponding impact to projected values and RPTTF tax <br />refunds, based on a review of historic appeal trends from records to be provided <br />by the County Assessment Appeals Board. The initial analysis will be based on <br />the most recent database provided by the County Appeals Board. <br />9. Summary of Assessment Appeal (South Main) —The South Main Project <br />Area's open appeals and their corresponding impact to the South Main Project <br />Area's projected values and RPTTF tax refunds will be provided, based on a <br />review of historic appeal trends from records to be provided by the County <br />Assessment Appeals Board. The initial analysis will be based on the most recent <br />database provided by the County Appeals Board. <br />10. Review of Contractual and Statutory Pass - Through Allocations - A review of <br />each Project Area's pass - through obligation will be Incorporated into the tax <br />revenue projections, based on documents to be provided by Agency staff. To the <br />extent certain pass through allocations are subordinated to pledged tax <br />revenues, this priority of payment will be incorporated into the projection of <br />pledged tax revenues. <br />11. Projection of Pledged Tax Revenues —A projection of the pledged tax <br />revenues, over the life of the refunded bond debt service, for each Project Area <br />and a combined summary will incorporate trended valuation assumptions and tax <br />refund and valuation impacts resulting from assessment appeals identified. The <br />projection will be based on reported FY 2015 -16 assessed values and then be <br />updated upon release of FY 2016 -17 Project Area assessed values. <br />WOW <br />90900.000.002 <br />3 -210 <br />
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