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REQUEST FOR
SUCCESSOR AGENCY
ACTION
oK
MEETING DATE:
FEBRUARY 20, 2018
TITLE:
RECEIVE AND FILE RECOGNIZED
OBLIGATION PAYMENT SCHEDULE AND
ADMINISTRATIVE BUDGET FOR THE
PERIOD OF JULY 1, 2018 THROUGH JUNE
30, 2019
{STRATEGIC PLAN NO. 4, 1}
CI Y MANAGER
RECOMMENDED ACTION
CLERK OF THE COUNCIL USE ONLY:
APPROVED
❑ As Recommended
❑ As Amended
❑ Implementing Resolution
❑ Other
CONTINUED TO
FILE NUMBER
Receive and file the Recognized Obligation Payment Schedule and Administrative Budget for the
period of July 1, 2018 through June 30, 2019 pursuant to Part 1.85 of Division 24 of the California
Health & Safety Code.
DISCUSSION
Pursuant to Part 1.85 of Division 24 of the California Health & Safety Code ("Dissolution Act"), the
City Council on January 9, 2012, elected for the City to act as the "Successor Agency' to the
dissolved Community Redevelopment Agency ("Agency"). On February 1, 2012, in accordance
with the Dissolution Act and the California Supreme Court's decision in California Redevelopment
Association v. Matosantos, Case No. S194861, the Agency was dissolved and the City began to
serve as the "Successor Agency." The City Council serves as the governing body of the
Successor Agency under the Dissolution Act as amended by AB 1484, AB 471, and SB 107, to
administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs.
The Oversight Board to the Successor Agency has oversight with respect to the Dissolution
process, including review and approval of the Recognized Obligation Payment Schedule (ROPS).
This is the twelfth ROPS prepared by the Successor Agency and is presented in the format
designed by the Department of Finance (DOF). The ROPS 18-19 was reviewed and approved by
the Oversight Board at a special meeting on January 29, 2018.
Following action by the Oversight Board, the ROPS was submitted to the DOF, County, and other
appropriate entities as required by the Dissolution Act by the February 1, 2018 deadline. The
ROPS was also posted on the Successor Agency's website.
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ROPS 18-19 & Administrative Budget
February 20, 2018
Page 2
STRATEGIC PLAN ALIGNMENT
Approval of this item supports the City's efforts to meet Goal #4 - City Financial Stability,
Objective #1 (Maintain a stable, efficient and transparent financial environment).
FISCAL IMPACT
The Successor Agency is limited to making only payments listed on the approved ROPS for each
annual period. Administrative expenses are capped at three percent of the actual property tax
distributed for the ROPS in the preceding fiscal year or the minimum of $250,000 per year. The
Successor Agency is anticipated to be approved for $254,742 in administrative cost allowance for
FY 18/19.
Funds will be budgeted for FY 18/19 in the Redevelopment Obligation Retirement Funds (account
no. 67118021 -various, 67018843 -various, and 67018850 -various) upon approval of the ROPS by
DOF.
Robert M. Zur c ied
Interim Executive Director
Community Development Agency
RZS/SG
AS TO FUNDS AND ACCOUNTS:
Francisco Gutierrez 00
executive Director
Finance and Management Services Agency
Exhibit: 1. ROPS & Administrative Budget FY 2018-2019
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EXHIBIT 1
CITY OF SANTA ANA, ACTING AS SUCCESSOR AGENCY TO THE FORMER
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA
PROPOSED ADMINISTRATIVE BUDGET FOR JULY 1, 2018 - JUNE 30, 2019
�a u<tfi �� a Estlmatetl ,
Succ�s�orAg
Staff Support (ROPS, Admin Budget, Records Management, etc.) t
$ 196,000
Brown Act requirements (agendas, minutes, etc.) 1
5,000
Supplies, printing, telephones, misc. items
5,042
Consultants (legal, financial, etc.)
15,000
Subtotal
$ 221,042
z
Communications
$ 1,200
Delivery Charges
500
Building Rental
10,000
Computer Services Charge
1,000
IS Strategic Plan
3,000
Insurance Charges
8,000
Subtotal
$ 23,700
Share of City'sI6catiori Plan.:
Indirect Costs
$ 10,000
Subtotall
$ 10,000
TOTAL ESTIMATED AMOUNTI $ 254,742
The estimated amount of the Administrative Budget for the one year period covering
July 2018 through June 2019 is to be paid from property tax revenues deposited in the
Redevelopment Property Tax Trust Fund. This budget may be augmented, modified,
added to, or revised as authorized under the resolution.
Includes salaries, wages, and all fringe benefits offered by the City to employees.
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