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SR-413-001 (22) REDEVELOPMENT AGENCIES ~ ~ FINANCIAL TRANSACTIONS REPORT ~ COVER PAGE ~ Agency Name: Redevelopment Agency of Tlie City of Santa Monica _ Fiscal Year: 2002 ID Number: 13981984500 __ ,... Submitted by: ~ ~ ~ ~ Executive Director ; . Signature --- Titie - - ~ ; Susan E. McCarthy 12-18-02 i tVame (Please Print) Date ~ ~ i Per HeaRh and Sefety Code seclion 33080, this report is due within sbc monlhs aiter the end M the fiscal year. The repori is `:o ~ inckide lwo {2) oopies of the agenc~s oomponent unit audited financFal sfatemer~ts, and ttie report on the Status and Use of the ::+v • and Moderele Income Housing Fund (HCD report). To mcet the filing requiremenis, a~l portions must be received by Ute C~IiFimia 5tate Contralers office. To file electronically: To file a paper report: 1. Complete aA forms as neCessBry. 1. Complete all iorms as necessary. 2. Transmit the completed output file using a Fb 2. Sign this cover page, and mail compleb HpoR fo eiTher at!d~ess Transfer Protocoi {FTp) program or via diskette. bebw with 2 audits and the HCD report. 3. Sign this oover page and mail to either address bebw with 2 audits and the HCD report. • : Repod will not be consldered filed un01 reoei~l dthnf ~ ~ signed cover page. . Mailing Address: Express Mailing Address: ' State Controller's Office State Cantroller's Office ; Division of Accounting and Divisian of Accounting and Reporting Reporting Local Government Reporting Section Local Govemment Reporting Section 3301 C Street, Suite 700 P. O. Box 94285Q ~ Sacramento, CA 95816 ' ~. Sacramento, CA 94250 ~ _ ; , <, , „~ ~..~ ~ ~ ta ~ ~ ~~ ~~ s -~ '~. `~ -, ,; .. ~; t a ~ - .. ~: ~ Re evelopment Agency Of The City Of Santa Mvnica a F ~~~ ~ ' . , ~ :.: General Infarmation ~ ! ~.: ; . ' _ ~. ,:, ~,.,.. . ;~~., . ...~.. ~.,~~.. Fiscal Year ~ ' 200 Members of the Governing Body Middle Lask Name ~ First Nam Initial Chairpersp~t, Bloom -~ Richard ~ Member :;;,~ IFeinstein I Michael u Member ~ Genser Ken ~ Meittber ~ Holbrook Roberrt ~ Member ' Katr Herb ~ Member ~ McKeown Kevin ~ Member e:, ~~ O'connor Pamela ~ Member :..', ', ~ Member :'' ' ~ Member ~ Agency L~fficiais . ,,:~y.~ last Narne ~ . ~~ , Flrst N~rne ~ Middle Initial ~ Phor~ ~: : . ~Executive Director McCarthy Susan n (310) 458-8301 Fiscal Officer, ,, IDennis I ICharles I u I(310) 458-8281 I Secrertary ' Stewart Maria ~ (310) 458-8211 Repp~t Prepared B~ ; Independent Auditor, ; ~ Firm Name Last ~ Jias First Bill Middl$ Initial ~~~, ~ ~ Street 1717 4th Street, Suite 250 City',, Santa Monica State CA ZipCode~ 90401- Phorra~ (310) 434-2607 KPMG Ray Christopher 0 355 South Grand Avenue Los Angeles CA 90071- (213)972-4000 Generai !n#ormation .. ~ ~ ~. ~ v - ~ , "`'R,~eveiop~nnent A~ency t'~f,The ~ity t~~,Sa~~ta, I~[ca c~r ~ ,~ y~ : ~ „~ . :. a~r~., > ~ ,. , . ,. , .,. ~ Achievement Information (Unaudited) . ~ <. ... F.> ~ ~ .... ~ ~,. , .. Fiscal Year 200~ Indicate Only Those Achievements Completed During the Fiscal Year of this Report as a Direct Result of the Activities of the Redevelopment Agency. Please provide a description of the agency's Square Footage Completed activities/accomplishments during the past Enter the amount of square ' year. footage completed this year by (Please be specifiq as this information wilf building type and segregated by New Rehabilitated be the basis for possible inclusion in the new or rehabilitated construction. Construction publication.) '~G~~~ ~~~ ' ~ Commercial Buildings Downtown Project - On May 2, 2002 the Agency issued $5,640,000 Lease Industrial Buildings ~~ Revenue Bonds for the purpose of refunding the Agency's Downtown Lease Public Buildings Revenue 1992 Bonds, including repayment of a City of Santa Monica Loan and providing funds for improving and preserving the supply of low and moderate Other Buildings 84,011 12,754 income housing. Downtown Project funds were also used to partially fund 66 units i h i t 1116/1122 4th St f t Total Square Footage - 84 01~1 ~ 12 754 ~ sen or ng a ree . o ous , , _ _.....~ ~ Earthquake Recovery funds continue to be spent for design and construction work Enter the Number of Jobs Created from the Activities of the Agency for the seismic retrofit of downtown public parking structures 7 and 8, Phase 1 management fees for planning, design and coordination of the Santa Monica Types Completed Palisades Stabilization program. Earthquake Recovery funds were also used for the reconstruction of the municipal pool complex that was open Summer 2002. A=Utilities 6=Recreation C=Landscaping D=Sewed Storm E=Streets/ Roads The Agency as the owner of the properrty at 502 Colorado Avenue entered into an F=6uslTransit 87-year Ground Lease with Community Corporation of Santa Monica (CCSM) as the Lessee. No Agency funds are designated for this project. The City provided $5.3 million for the construction of 44 single units at very, very-low income rents. CCSM incorporated energy-efficient elements into the design of the building. The project completed on June 4, 2002. In addition, Earthquake Recovery housing set aside funds were used to partial fund 66 units of senior housing at 1116/1122 4th ' Street and contributed towards the acquisition of a 20 unit building at 2449 Centinela. Ocean Park Project - Ocean Park Project funds were used to partially fund 66 units of senior housing at 11'f6/1122 4th Street. On May 2, 2002 the Agency Aehievement lnformation (Unaudited) Page 1 '[~l11/2002 ~ ~, . . , : y,.: „ ;, ~a~ a:, .. - ,.. ~ '.µ ~` ~~ ~ ~~+T ~\\ ~ ~ ~l~I ~ ~~~1 ~~ £~k ~ ~ ~ ~ ~F~+~ ~: ~pment Ager~~' f T~ ~i~ n~ ~ ~y ~ a,.. ~.•~~~. .. ~... ~ "k'$.~~~ ~,r.~' Y. ~ \~~ .M ~ ~ -:~~:. ~ ~ r - a ...~,-'~ar~'~..~,t~%'.w~'i%~'~ v.h ; ~ ,.....~,~~' ', ~...... ~:. Redev+~~v~ment Agei~ci~s Financial Transactio'n$ +~~ art ; ~ s,~ a . . '~. '~.. r~. -~ x ~ ~.: `~ ~ ,.,~` ~~-t,~''~~' .`~'~^~" ~' . .... ....i. . .~:~. . . ~ : : ~ -~...., r~+,.~`~i~~.,x ,.:. , __,..;.~,-.., '~~ ~~ F ..<.,..,........<_.. ~~ a \\ ....... .~ . . a . ...~._:,,.,. Achievement Information (Unauditedj ' ~~ ~ ~.:~ti ~~- ~ ,x ~~=~ ''~~ ~~ ~ ''~~ . ~'~ ~, ~~~ ,, ~~,~ ~ . , ~,.. > ~ _ ; ~ > If Financial Audit is not yet Completed, What is the Expected Completion Date? If the Audit Opinion was Other than Unqualified, State Briefly the Reason Given Was a Compliance Audit Performed in Accordance with Yes Health and Safety Code Section 33080.1 and the State ~ Controller's Guidelines for Compliance Audits, and Did You Submit a Copy of the Audit? Indicate Compliance Audit Opinion Unqualified If Compliance Audit is not yet Completed, What is the Expected Completion Date? ~ , . + .,~..._--K'.=~--_. .:.:.,si,_ :u.~::,,~ ,s;: ..~'. :5„~..~~ ~ . . : :.. ...F~ .. ~. _.---- - - - ~,.... - ---~ ~+~~.~_.. .T_ . OIIICi Downtown Project - On May 2, 2002 the Agency issued $5,640,000 Lease Revenue Bondsforthe purpose of refunding the Agency's Downtown Lease Revenue 1992 Bonds, including repayment of a City of Santa Monica Loan and providing funds for improving and preserving the supply of low and moderate income housing. Downtown Project funds were also used to partially fund 66 units of senior housing at 1116/1122 4th Street. Project Area Report _ Project Area Name "~Downtown Project Area ~ Forvvarded from Prior Year ? ~~.;, \~. Enter Code for Type of Project Area Report _ -- ~ ~ P= Standard Project Area Report A= Administ rative Fund L= Low and Moderate Income Housing Fund M= Mortgage Revenue Bond Program O= Other Miscellaneous Funds or Programs S= Proposed (Survey) Project Area Does the Plan Include Tax Increment Provisions? Yes Date Project Area was Established (MM-DD-YY) 1/13/1976 Most Recent Date Project Area was Amended Did this Amendment Add New Territory? Most Recent Date Project Area was Merged Will this Project Area be Carried Fo-ward to Next Year? ~ Yes Established Time Limit : Repayment of Indebtedness (Year Only) 2026 Effectiveness of Plan (Year Only) 2016 New Indebtedness (YearOnlyf 2004 Size of Project Area in Acres 10 Percentage of Land Vacant at the Inception of the Project Area Health and Safety Code Section 33320.1 (xxx%) Percentage of Land Developed at the Inception of the Project Area 100.0 Hea/th and Safety Code Section 33320.1 (xx.x%) Objectives of the Project Area as Set Forth in the Project Area Plan C (Enter the Appropriate Code(s) in Sequence as Shown) R= Residential I= Industrial C= Commercial P= Public O= Other Please Provide a Brief Description of the Activities for this Project Area During the Reporting Year. ~r ACf`tv`ttv R~qcut ';' Earthquake Recovery funds continue to be spent for design and construction work for the seismic retrofit of downtown public parking structures 7 and 8, Phase 1 management fees for planning, design and coordination of the Sa~ta Monica Palisades Stabilization program. Earthquake Recovery funds were also used for the reconstruction of the municipal pool complex that was open Summer The Agency as the owner of the property at 502 Colorado Avenue entered into an 87-year Ground Lease with Community Corporation of Santa Monica (CCSM) as the Lessee. No Agency funds are designated for this project. The City provided $5.3 million for the construction of 44 single units at very, very-low income rents. CCSM incorporated energy-efficient elements into the design of the building. The project completed on June 4, 2002. In addition, Earthquake Recovery housing set Forwarded from Prior Year ? ' _ Enter Code for Type of Project Area Report P P= Standard Project Area Report A= Administ rative Fund L= Low and Moderate Income Housing Fund M= Mortgag e Revenue Bond Program O= Other Miscellaneous Funds or Programs S= Proposed (Survey) Project Area Does the Plan Include Tax Increment Provisions? Yes Date Project Area was Established (MM-DD-YY) 6/21/1994 Most Recent Date Project Area was Amended Did this Amendment Add New Territory? Most Recent Date Project Area was Merged Will this Project Area be Carried Forward to Next Yea~T Yes Established Time Limit : Repayment of Indebtedness (Year Only) 2039 Effectiveness of Plan (Year Only) 2024 New lndebtedness (YearOnly) ~- 2014 Size of ProjectArea in Acres 1,851 Percentage of Land Vacant at the Inception of the Project Area 10.0 Health and Safety Code Section 33320.1 (xx.x%) Percentage of Land Developed at the Inception of the Projed Area 90.0 Health and Safety Code Section 33320.1 (xx.x%) Objectives of the Project Area as Set Forth in the Project Area Plan - RICPO (Enter the Appropriate Code(s) in Sequence as Shown) R= Residential I= Industrial C= Commercial P= Public O= Other Ocean Park Project funds were used to partially fund 66 units of senior housing at 1116/1122 4th Street. On May 2, 2002 the Agency issued $19,315,000 Tax Allocation Bonds for the purpose of refunding the Agency's Ocean Park Redevelopment Projects 1992 Tax Allocation Bonds, including repayment of a City of Santa Monica Loan and providing funds for improving and preserving the supply of low and moderate income housing. Forwarded from Prior Year ? ~ ,~o ~~ " =~ ~ Enter Code for Type of Project Area Report ~ ~ P= Standard Project Area Report A= Administrative Fund L= Low and Moderate Income Housing Fund M= Mortgag e Revenue Bond Program O= Other Miscellaneous Funds or Programs S= Proposed (Survey) Project Area Does the Plan Include Tax Increment Provisions? Yes Date Project Area was Established (MM-DD-YY) 1/24/1961 Most Recent Date Project Area was Amended 9/12/1972 Did this Amendment Add New Territory? No Most Recent Date Project Area was Merged Will this Project Area be Carried Forward to Next Year? Yes Established Time Limit : Repayment of Indebtedness (Year Only) 2019 Effectiveness of Pian (Year Only) 2009 New Indebtedness (Year Only) 2004 Size of Project Area in Acres 33 Percentage of Land Vacant at the Inception of the Project Area Health and Safety Code Section 33320.1 (xx.x%) Percentage of Land Developed at the Inception of the Project Area 100.0 Health and Safety Code Section 33320.1 (xx.x%) Objectives of the Project Area as Set Forth in the Project Area Plan R~ (Enter the Appropriate Code(s) in Sequence as Shown) R= Residential I= Industrial C= Commercial P= Public O= Other . . ' ' Pass-Through / School District Assistance , , ~. ° ~ ~. ~ Fiscal Year 2002 Project Area Name Downtown Project Area Tax Increment Pass Through Detail Other Payments Amounts Paid To Taxing H 8 S Code H& S Code H 8~ S Code Total H 8 S Code H& S Code Agencies Pursuant Ta Section 33401 Section 33676 Section 33607 Section 33445 Section 33445.5 County _...._... _ $~ ..; __ 'F.~.,. \ Cities $0 ` School Districts $0 Community College District $0 Special Districts $0 ,; , . . ,.,,. ~,,,,.. Total Paid to Taxing $0 $0 $0 . $0 $0 µ $0„ ~ w ~~. Agencies Net Amount to Agency „ , ;,, ~ ,. ', ,~ ar $1,394,009 Gross Tax Increment ~-~~-~ .,~~- ~~~~`~`~` 1,394,009 Generated ,,, >> i ~ ~ ; ~~ ~ ~ ~~ F~ Page2- ~, 12H1/2002, "''~ Pass-Thraugh ! S~hool District Assistance _ : . ~ ~ _ ~ ~~, ; ,: ~°°:: ~ ~ ~,~. » .~~ , ~„~, ... .. . . ... . .. . . ~ ~. ~.~.,.. , ,~.~,,.~ , ... ...:,,, , ` ~ _ •_.:_.~~ : ;~ . .' s , ; „ X ~ ~ ~ .F~, . ~ ~ . .. ,~-~ :,,. . ~...~ . , ,-. . ~ ..._._.'- . ... . ._i3....:._.__._ ... ._ _ ' . _ . ..... _..~_~. . _ ~ ~ w ~ ~ . . ~ . . . . . , , .. . . .. . . . ....,~.~ ~ ~~ J... . ~: _ . ~ ~ _ ~~ ~: . ~`~~~ ~~ ~~ Ii~d~vefo~enf ;1!~gency"4f The City 0i~ ~~t~ la~.mrt~ca - ; ~.~~,...: ~~ ~~~ '; ; Red~`veloprn~~ltA~+~ncie~ Firt~~cial Transactior~~Report 8 . ~~ ~ ~ ~- ~~..,. . ~ r:~ , .~ ~ ..~_ _ ~ ......... . z.,r. '' ' ~ Sumrnary of t~e Statement of Indehtedness project Area , ~ , :~.~ , .__. < ~~.... ,~, ,. ..... ..... ~~ ~::. . :.... ~ Fiscal Year ~~~'~?:~% ": ` 200~ _ r.: Pro ect Area Name r~an Parfc Pr ~a ~~~~ ~~ ~~~ 1 v ~ ~';~ ~: ~ ~~.~4n 9En~a1:,~ ~ tir#.~° ~'k= Tax Allocation Bond Detrt 28,083,130~ Re~enus Bonds Other Long Term Debt CitylCounty Debt ~_ 5,578,352 Low and Moderate Income Housing Fund ~3,059,879 Other 165,540 Total $36,8$6,921 Available Revenues 4,846,4i7 Net Tax Increment Requirements $32,046,504 ` Summary of the StaEemenf of indebtedness - Project Area Page 3 ~' 12/1112~02 , ~ . ~. ~ ~ ; ~ :~.:~.:- ~ .. ~ . , . : , €~ ~ ,.~_; .e.~. .,_~~r . ,. ~ a; ° ..~~ ~.:.~, ..:.:.G~ , ....,a~€i~ _, .. . , , .. _.._ ~PF .: . . __ 1 _, ~ _ . __ . , . -. _ -;s.- _ , . ~, ~. .~ ,~, ~ . ~,~,~ ~ p ~ _ ._ _. ~ _ . _ :,: ...: Redevslo~ ment Agency Of The ~~t~€'flf Santa M ...,;_ ~.edeveloprnent Agencies ~inanc~a[ Tra~~act~o:ns Agency Long-Term Debt Fiscal Year 2002 Project Area Name Dawntown Proiect Area ~ ~ Forn+ard from Prior Year Bond Type Year of Authorization Principal Amount Authorized Principal Amount Issued Purpose of Issue Maturity oate Beginning Year Maturity Date Ending Year Principal Amount Unmatured Beginning of Fiscal Year Adjustment Made During Year Adjustment Explanation I~terest Added to Principal Principal Amoun# issued During FisCal Yea- Principal Amount Matured ~uring Fiscal Year Principal Amount Defeased ~uring Fiscal Year Principal Amount Llnmatured End of Fiscal Year ~ : ; _.~~~„~.,~ ~"s,ry`-.= Revenue Bonds ~ 1992,-.~ 11,fi35,000 i ~ 11,635,0001 Parking Garages 1992 20Q8 $7,105,000~ 710, 000 ~,395,00~ $0 Principal Amount In Default Interest In Default 6ond Types Allowed: Tax Allocation Bonds; Revenue Bonds; Certificates of Participation; Tax Allocation Notes; Finar~cing Authority Bonds; CitylCounty Debt; US;State; Loans; Lease Obligations; Notes; Deferred Pass-Throughs; Deferred Compensation; Other _. ~ ~ ~ , ,. ~~~ ~ ~ ~ ~ AgencyLong-Term Debl ~ ~ ~ ~~'~~~~ ~ ~~°; ~~ ~Page 1 ~> ~~ 121i11200~~ . ~ .. ~ =~ . ~; . ~.~... ~ .. ~~~,~~ ...i. . _ e ,. . .. = ~~ ~, ~ -_ - -..:.:~. _.;.aa..w. g;s~s .,g.. ~ea,- ,.v.<,~ .a - - ..4 ~& ., .._ .. 9 I ~~.-. ~.. . .. . . ~.~. . , ~ ~ .. - ~~et~e~~€~~e5 ment A~ he~Cit Of Sar~ta Mon~~ca v '~~~ ~ ~ ~ ~ .:: P 9 ~.; Y ~::~~ ......:, ` Rede~el~pment Agenr~. ~ ~.....ncial Transa~#Eon.~;Re ort '; . ~ ' ~ , ...... _P ~;:;:~., , a ... .. Agency Long-Term pebt Fiscal Year ,20d2 Project Area Name Ocean Park Prc Forward from Pnor Year Bond Type Year of Authorization Principa{ Amount Authorized Principal Amaunt Issued Purpose of Issue Maturity Date Beginning Year _ Maturity Date Ending Year Principal Amount Unmatured Beginning of Fiscal Year Adjustment Made During Year Adjustment Explanation Interest Added to Frincipal Principal Amount Issued During Fi5cal Year Principai Amount Matured During Fiscal Year Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year Principal Amount In Default Interest In Default .~ a~:-"..:;~u' ITax AlloCation Bonds ~ 1992 1i,325,000 1i,325,000 ' Redevelopment Acti~ities I 1992 -__ _ 2018 $9,570,000 , -- . ~ --~ ~ ---_ _ ... .. __~ ', 280,000 9,290,W0 $a Bond Types Allowed: Tax Allocation Bonds; Revenue Bonds; Certificates of Participation; Tax Allocation Notes; Financing Authority Bonds; City/County Oebt; US;State; Loans; Lease Obligations; Notes; Deferred Pass-Throughs; Deferred Compensation; Other ,. ~ Agency Long-Term Debt Page 2 ,. ....::: i 2I1112D02 _ , .: ~s ~ ~ . ~ ;~n~ ~ ~ .:,.; ~ s. , . ~ r ~ ., ,. , ....~. ~ ~..,-. _ __ W= ~~~- ~~~ ,; ~ ...~ ,~ .,,~~ ~ ~ _.., ~ Red~ve~~~imeritAgehcy'[7~"t"~eA, Of Sanfa~Manica'~ $~~... ~ ~ ~~~- _ ..:~~ ~~~~ .k~~:~ ~'4- '~~.. Redevel±~~ment,~~enc~es ~i,nanc~al,Tr:~nsactions Repc~rt P,~p .~,. ~,4~,~~..~,~ .r~ Agency ~ong-Term Debt Fiscal Year Project Area Name Forward from Prior Year Bond Type Year of Authorization Principal Amouni Authorized Principal Amouni lssued Purpose of Issue Maturity Date Beginning Year Maturity Date Ending Year 2002 l ~ _ -- - -_~____~____ __._ _ _ [Earthquake Recovery Project Area Principol AntOUnt Unmdtured Beginning Of Fistdl Yedl' Adjustment Made During Year Adjustment Expianation Interest Added to Principal Principal Amount Issued During FiscaE Year Principal Amount Matured During Fiscal Year Principal Amount Defeased During FisCal Year Principal Amount Unmatured End of Fiscal Year Principal Amount In Default Interest In defaul~ s ai.':~ ~; . [w~a a.~~,~~.~.. : .~~;;.,: Tax Allocation Bonds 1999 $5,285,000 65,285,000 Earthquake Recovery Acti~ities 1999 2029 $64, 405, 000 ..__~_.._~ __.~ _ _____ ~ ~ _.. ~ i_ W ~. __ ~ _--- ~ szo,aoo $63,485,000 ~ Bond Types Allowed: Tax Allocation Bonds; Revenue Bonds; Certificates of Participation; Tax Allocation Notes; Financing Authority Bonds; City/County ~ebt; US;State; Loans; Lease Obligations; Notes; Deferred Pass-Throughs; ~eferred Compensation; Other :. _ . . _. _ - s_.. ~ ~ ~ ~: :..; -, _ _ :.. :. s..::. Agency ~ong-~erm ~ebt ;"! vs „ , , - , Page 3 i21111~DQ2 = _ ~ ~~ ~ ,. :~ ~ , ~ ._. ._. ._. ~ , - W ~;,. ~ W-_ r~9. _ __..~, ~ ,. ~ ;,,- __ :. ~ ~ ._.. __ ..: ~ . .. .; ,; ."^'^_~%°'~'~ "' ' ~-a4a ~t'~s „~', A...._ ~__. n : -r.5, w.-.,..m. -.~:~~;:~«ner~ ,.• , k,'-~r<^r:. .~. :~..--..,-».mzvas, ~ ~r •"~=' ~ ~ -..tm, Re ev~:topmen# Ageticy C)~; he G~ty Of Santa Mon ~a ~~ r ' , : .: ~~,., ~ E ;:.. ,, ~~ ~ ~' ~ Red~yelopm~ntAg~nc~es,~.F~nancaa~~Tra~ ~ c~~s,Rep~r~ ~,E_ °:a ~~~~ ~ ~~~ ~: . .. ~ ~ ~ ~~ Agency Long-Term Debt Fiscal Year Project Area Name Forn+ard from Prior Year Bond Type Year of Authorization Principal Amoun# Authorized Principal Amount Issued Purpose af Issue Maturity Dale Begir~ning Year Maturity Dale Ending Year Principal Amount Unmatured Beginning of Fiscal Year Adjustment Made During Year Adjustment Explanation Interest Acided to Principal Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year Principal Amount In Default Interest In Default Revenue Bonds 2002 5,640,OOQ 5,540,000 To defease 1992 bonds ~---- Zao~ 2008 5,640,00~ $5,640,000 ~ Bond Types Allowed: Tax Allo~ation Bonds; Revenue Bonds; Certificates of Participation; TaxAllocation Notes; Financing A~thority Bonds; City/County Debt; US;Stat9; Loans; Lease Obligations; Noles; Deferred Pass-Throughs; Deferred Compensation; Other 2002 Downtown Project Area _ ..... ~ ., ~~ . ;~ -~~..: _._ - ~ Agency Long-'~erm Debt ` ; ,~~r~ ~~ ~ ; Page 4 ~~ ~ 'l~111/2007~ . ~, ~ ~- ~ = ~ n. . _ ._~,. ,.,.; e~ . ' ,, . ,_ ,~.~, _. - ° ~",,. w ._;~. _, .~„~,.. _,,, _ . ;~~; k e . ..., xt .~:?" .., "5'~; -xmm~rs^~ ~ ~°^rs ~°~ ~ &~,i T'~' ~.` ~°° `.' ~ ~ ~ ~ ; ~ lopmen ~~-ge~~y Of"F'~e ~~#~ ~3f S~n „~~n~ca~ ~~:= ,~ ~ ~~ ~,; , ~,.~:~ i~.. __ _~«.-~,;-~~: r ~ , ~~. ~ , ~~,..; ~~..~~_~ ' ~~e~e m~nt Ag~nc~~~,~~n~r~~c~~l Tra~sa~~~on~e~ept~ ,~ °~ ~~~. r~:e~ .;~ .._.,.z.,: ~'s~..Af~.:azif x~ ~ . . - Agency Long-Term De6t Fiscal Year Project Area Name Forward from Prior Year Bond Type Year of Authorization Principal Amount Authorized Principal Amount Issued Purpose of kssue Maturity Date Beginning Year Maturity Date Ending Year ~2002 Ocean Park Pro'ect Area ~ Principal Amount Unmatured Beginning of Fiscal Year Adjustment Made ~uring Year Adjustment Explanation Interest Added to Principal Principal Amount Issued During Fiscal Year Principal Amount Matured Quring Fiscal Year Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year Principal Amount In ~efault Interest In {3efault I7ax Altocation Bonds 2002 19,315,000 19,315,000 Tp defease 1992 bonds and new money~ for lowlmoderate income housing ' 2003 ~ 20'f 8~ 19,315,D00 L __ -. - -~ -- -- - ~ $19,315,000 ._...... _.._ ............._....,_, i---~ ~---- ', Bpnd Types Allowed: ', Tax Allocation Bonds; f2evenue Bonds; Certificates of Participation; Tax Atlocation Notes; Financing Authority Bonds; CitylCounty Debt; US;State; ', Laans; Lease Obligations; Notes; Deterred Pass-Throughs; Deferred Compensation; pther :.: - '.:; '. ~. . " ~ AA~:: ~. -" ~-i. . " . L ~ ~ - .~ Agency Long-'Term Debt ; ,: ~ ~~ ' , ~ Page 5 12l1112002 ~ a ,; ~e_.. ~ ~ ' ~ ~. ""~,w._ ` ~ ~ ~~ _. ~.. ~ .,.. , ,~.-~~ ,_.. _. ._._. - - a , . .... _....... _ . m Agency Name: r ~~ ~ ~ ~~ . ~, ~, ; , ' ` R~de~relopmen As ~~es i~~ '~~'an~~~~inns ~te~arE ~ ~f~~,..: ... . u= ,~,,,~ a ~~~. ~~~ ~;. ~ ~ ,,..~ ~ _~:.ro,~ ~ ~ ~:.....: ~ ....,..~:~~~ ~- s~:~.,~~.~e.~~~~~~~~~,~~,~..a~~..~.~~~m_~ Hon-Agency Ls~ng-Terrr- Dek~t Fiscal Year [2002~ Project Area Name I Forward from Prior Year Band Type Year of Authorization Principal Amount Authorized Principal Amount Issued Purpose of Issus Maturity Date Beginning Year Maturity Date Ending Year Principal Amount Unmatured Beginning of Fiscal Year Adjustment Made During Year Adjustment Explanation Principal Amount Issued During Fiscal Year Principak Amount Matured During Fiscal Year Principal Amount ~efeased During ~iscal Year Principal Amount Unmatured End of Fisca~ Year Principa! Arnount in Default . Interest in befauk ~~~~ ~ ~ ___~ , ..w~.,,_.,..~,...~.. _ _ __~ ~ 6ond Types Allowed: Mortgage Revenue; Industrial Development; Commercia! Revenue Sond; Certificate of Participation ,,, -;,,. ,.,. , . - ;;,, ,..::, ;:- ~ y Nan-Agency Lang-Term Debt ~ Page 1 , 12/11/2002 ': ' ~' _. .:_ : ~ , . ~ . . . : `, - ,- ~.:~_ ... :~~ ._,_, _ : , ~ .... ...... . . .. . .! ~ _ ,,. . ~ _ . ;: GE.._; ' _„~,,, ~; ~ r Tax IncremeM Gross 1,115,207 278,8U2 -=~'~yt .-.e qq,;e,;~~ _mm_ $1,394,009 (Include AR Appartr"onments) Special Supplemental Subventian $d : Praperty Assessments $0 s Sales and Use Tax $0 ; Transient Occupancy Tax $fl Interest Income 277,390 29,486 ~18,048 $324,924 Rental Income ~0 Lease Income 1,151,706 $1,151,706 fr Sale of Reaf Estate _,_ . - - _ $0_ ~ -- _ _._. _ __ -- __. ~ _ Gain on Land Held for Resale - ~ _ - -- ,_ $0 Federal Grants $0 ~ GranEs from Other Agencies $0 Bond Administrative Fees SO Other Re~enues $0 Total Re~enues $2,544,303 $29,486 $296,850 $0 $2,870,639 , , .. ;, ~ __ . ::~ _~~ , _ . ~~:..:. : ~ , Redeve~opment Ag~ncy`Of The ~f~y` Of`Santa`Manic~ ~; , ~ x '~'~ R,~d~u~~opm~nt Agencies F~nanc~at TransactiQns Repart , . , ~~~~ . . .. - .. , . . ...£?ta . .„ ~ ~_. ~-~ . ,. ~ . ,`:. a .~ ... y . ~' .... .';~. ^:~` ~~s.c..,.:. ._ . , ^sea~ ~. __.,-.~f,~,._ .~ _a. . d4.~.-a~E_ .,.~ . _. .,~°~3~:~. ,., .~_;._ _.... . ... . ....;;:.w:~...<..> ? ..;$~,:.-v F.E: ... , Statemet~t of lncome and ExpendEtures - Revenues ' " ., - ~ : ..: , n: ...~ . :,: ..... .. : E .. ... ..'::. . . ... :: - ,. , _ . .,_... , ~__ Fiscal Year Project Area Name Tax Increment Gross (fncfude Al! Appprfionments) 5pecial Supplemental Subvention Property Assessments Sales and Use Tax Transient Occupancy 7ax Interest Income Rental lncome Lease Income Safe of Real Estate Gain on Land Held far Resale Federal Grants Grants from Other Agencies Bond Administrative Fees Other Ravenues Total Revenues Zoq2 . .---- ....... .............. ... . .......J Earthquake Recovery Project Area LawlModerate Special Capital Project DebtService Income Housing RevenuelOther Funds Funds Funds Funds TotaF 20,575,755 5,143,939 '. $25,719,694___j 893,251 ~ ^~ '-- 5,4591 267,680 ~ ~= m.~..~~ _~_ $0 $D $0 $1,166,390 $0 $0 ~ $0 $0 $a $0 - - . __ ..~ .......,,,,,~_ ~_--_~ --- 75,686I . ~ $75,686 $21,544,692 ~5,459 $5,411,619 $0 $26,961,770 :~ r come ancf Expenditures - Revenues '~~` °~ ,..~ . ` Page 2 - _ ' ~ ,; ~' `: 12l1112002 Statement of In ~ ~ ~ ~ ~r v~ A .. .... ...... ..~? - ~... ... .~.a.~ ...., ~ ... ' ... _...._ , :_'~ , .~.~.:~-:-ti2.nEmv.,. .....,%~? ,... , __._ ~_.. .. _,~....... .. .. . . . . . . ' ..e . . .. , . . ... , ~ . - _ ' _. _ _ _.-' ~~-~_ .. . Y,,.. , . ~ ~ _ ` Redeve~o tnen~ ~1 enc Of T ~ ~ ,;x p g y h~ Ci~yi ;~an#a Monica r ~_ ~;~. .,..~e . fl` I 4 ;~~ ~ s Redev~lopm~nt ~igencies F~nan~~al Transa~t~ons Repn~ ~ _ ~ ~ , : ~ ~~ ~ ,~ ~ s e ~ ~c~: _~. ._. - -~ •~~~ ~.,._.t, .,.., , ,:. .. ' _.,.: . ,..~ ~,~ ~.;;ra ~.~~WW.~ ~_._.. ~. ._...~_a.~~ ~..E..~... _. ,. = 5tate-nentof.lncomeand Expendi#ures - Reven~es ,. ,. ~~.,..:~. . ,. .. . ~~. . ,. ,.: .~ .:.~ .r, t, . .,: - . .t . ., ;~.-- '~.: _. ..~. ..: ., . - Fi Fiscal Year ~2002 __ __ _ Pro~ect Area Name Ocean Park Project Area LowlModarate Special ' Capital Project Debt ServiCe Income Nousing RevenuelOther Funds Funds Funds Funds Total Tax Increment Gross _._ 2,257,064 564,2fi6 ~~• ~,~ - ------- ~ ~,° $2,821,330 ~ ~ ~~~ (Include A11 Apporfionments) Special Supplemental Subvenlion -- _ ._. __ $0 ~ _.~ __. .... . .........._ ., Property Assessments _-- ~ _.. _--- - $0 _~_..~.m .....................__~ Sales and Use Tax $0 Transient Occupancy Tax $0 : Interest Income 117,622 26,105 b0,912 $184,839 ~ Rental Income --___ _~.. ----- - $0 ~ ,.,a.~„~, ..,~ .. . .. . . .. Lease Income _ __..._ $0 .,.. ., ..__ _ _ .,.... Sale of Real Estate ~ --- _-__ ___~__~ $0 ~ _~ u .~.._... Gain on Land Held for Resale $0 ~ ~ Federal Grants $0 ~ .:.:..........., . ,.. Grants from Other Agencies -- ------- - -- - $0 ` _._._._.__... ...._....~,,.,., ~ Bond Administrative Fees -----.._ ... _ __ _~..Y_._.:_.w4._~~_.~.~ Other Revenues 5,031 ~5,031 Total Revenues $2,379,917 $26,105 $605,178 $0 $3,011,200 ..:~~ ~,. . _._, .? .' , ~? _»"~ ~,..._ _ __ ~P.t t- ~ StaEement of Income and Expenditures - Revenues' ' ~ = Page 3 ~ , ; , , , ,_ - ,.:1211 i12t)fl2 ~ ~ . ~:~~ .... ..~_..__~:_. ~.. ~ ;,~~ s.s.~_::_._.__.._.:~ .. :._Wi~ ~:.:..:.:..az~~..~~ ,~....~.: , .... .... :.?~.~;~iG~ ~~ ............. .... "~:e ~°` >Ke~ 5 S ~+`J ' . ;a~~ ~ 1~:.. " j- : S#atement af lncom~ and Expenditures = Expencfitures , , , ~ ~:_„_ ,. , ,_ __ _ ,. .. Fiscal Year ~2pp2 _ ~ _ -----_ ____ Project Area Name Downtowr~ Project Area __.__ Capita[ Project Debt Service LowlModerake Special Funds Funds Income Housing RevenuelOther Total Administration Costs Professional Services Pkanning, Survey, and ~esign Real Estate Purchases Acquisition E~ense ~ Operation of Acquired Property Relocation Casts Relocation Payments Site Clearance Costs Project I mprovement 1 Constructipn Costs Disposal Costs Loss on Disposition of Land Held for Resale ~_ 268,107 2,311 ~ $270,418 E -- -- - I --- - -$0 $0 $4 _v_~_.___..__ . $0 _ .... _. ... . ~.. . ~~_...~ $0 i - _._., _ --- $0 ~O ~ _ _- 526,860 50,692 $577, 552 $0 i $0 Statement of Incorne and ~xpenditures ~xpend~tures Page 7 12f11t2~02 ~" ~~~ ~ ~; ~ .::::;~,. ~~".... .. ._..~~". ~ ~ ~.. .: :_ r~~ ~~ ~ : ~ ~ ~ ~ Fiscal Year 2pp2 Project Area Nam~ Downtown Project Area ~ _ Capital Project Debt Service LowlModerate Special Funds Funds Income Housing RevenuelOther Total --.-_...__ __._. Decline in Value of Land Held for Resale ' _ ~~e~._...___..__e...~.$~.._,_~ Rehabilitation Costs ~ _ ' ~ I $p ; Rehabilitation Grants $p ~ InterestExpense 1,003,045 417,296 ------.. $1,420,341 : Fixed Asset Acquisitions $0 § Subsidies to Low and Moderate Income __. ..._ $0 Housing ~~~~ ~~ ~~ Qeqt Issuance Costs 260,602 $280,6U2 ; Other Expenditures Including Pass- $0 ; Through Payment(s) ~ ~ ~~ Debt Principal Payments: Tax Allocation Bonds and Notea -.. ____~.__~__$~._~ Revenue Bonds, Certifrcates of 710,000 $710,OOa Participatian, Financing Autharity _~_ ~m ~~.,., , __,, : ~:,:- ~ 8onds City/County Advances and Laans ~ $0 All pther Long-Term Debt - ------.. $0 ~ Total Expenditures $2,058,614 $1,127,296 $53,003 $0 $3,238,913 ~ Excess (Deficiency) Revenues over ~ $485,6$9 ~$1 097,810) ~ $243,847 _.-._. ~._ .. ___ .. _.W._~.....~ ~ ..__ $D ~$368~274 ~~ ~ (under) Expenditures 5tatement of Income and Expendi~ure~s E~enddures ~ Page Z ~~ ~~ `~/ ~ 12/~ 9l2402 ; . ~ ` .. .; . , ~. . . F ~^L .. _ ~~.-- ...._ ...:~....,.,...... .....,-~,.~ ;..---'~'' f..~ ~'~. # ~? ,,,; ;o; _ _.. - .. ';,-. . s C i4e~^`- ~.._. ~A0'~~i,~:. ~ . . :".:> . .,:,.,. : ~ ...,. . . ' . . _? , [ . .~. ., . . . . . _ ._a. . . ,.. . W;.. - - ....... . ..... ` :,: 5tatement of Incame and Expenditures - Expenditures - ' ~ .... .. ......::~~~ ~ ~ ,: : „~.,, „~.... ~ ' ~ ~ Capital Project Debt Service LowlModerate Special Funds Funds Income Housing Rer+enuelQther Total Administration Costs 1,103,278 3,311 $1,106,589 Professional5ervices $0 ; Planning, Sunrey, and ~esign _~~ $0 ~; _ Real Estate Purchases ~ _ __- $0 _s Acquisition E~ense µKK $0 ,; Operation of Acquired Property $0 Relocation Casts $0 Relocation Payments I $0 Si#e Clearance Costs ~ _ $0 ; ProjeCt Improvement 1 Construction Costs 2,fi52,368 - -- - 276,334 $2,928,7d2 ~ ~isposal Costs $0 Loss on Disposition of Land Held for $0 Resale Statement of #ncome and Expend~tures Expend~tures , ~~~ Page 3 ~~' . 12I11I2002 : ~- ~ «~ _ ~ ~ ~` ~ s _, , ;-~~ ..:~. ..~ ....... .. .. : . ~G~,. ..~. ~ ~...~.., a~... ._:.., .,-=.. . -:~ ~.._ ~~._. .__ . _.. _ ~ . -. . ~~ ~ Statement of Income and Expenditures - Expenditures'' ' ~ ,. ~ ~, . ~: ~ ~ _ :~:. .._ ~_.~:...... . ~ ~_ .;~ ,;,,, _ ~ ~ ` ~ _ .. -..__. _ Fisca[ Year i2002 - Praject Area Name Earth uake Recove_ry Project Area Fiscal Year I2002~ -- -_ _ ~ _ -- --- - -- Project Area Name IEarthquake Reco~ery Project Area Capital Project Debt Service LowlModerate Special Funds Funds kncome Housing Re~enuelOther Total Decline in Value of Land Held for Resale j $p Rehabilitation Costs ' 1,447,361 $1,447,361 Rehabilitation Grants ' --- ---.__.._._ 1.------ $Q ......:.:........._._. Interest Expense 3,759,610 457,523 $4,217,133 Fixed Asset Acquisitions ~ ~~ $0 ~ Subsidies ta Low and Moderate Income $D ~ ~ Housing [)ebt Issuance Costs $0 ? OtherExpenditures Induding Pass- 5,142,773 $5,142,773 ^ ~~ ~~~ ~ Through Payment(s) Debt Principal Payments: Tax Allocation Bonds and Note3 ; 920,000 $920,040 Revenue Bonds, Certificates of $p PaRicipation, Financing Authprity ~~~~ Bonds CilylCounty Advances and Loans ~-$~ All Other Long-Term Debt ! $0 Statomant of Income and Expes~ditures - ExpenditureS'; ,~_, ;: Fiscal Year 2002 --- ----- _ Project Area Name Ocean Park Project Area Capital Projec# Debt Service LowlMqderat~ Special Funds ~unds Income Housing RevenuelOther Total Administration Costs 261,224 2,311 $263,535 F Professional Services ~ $0 . Planning, Survey, and Design _ _ _ _ _ ~ $0 ~ Real Estate Purchases $a Acquisition Expense ~ $0 Oparation of Acquired Property $0 Relocation Costs $0 Relocation Payments ~~~ I .~ -- _ ~___ _ ~ $o ~ 5ite Clearance Costs $0 ; Project Improvement! Construction Costs I _.... 22,147 $22,147 _ Disposal Costs $0 Loss on Disposition of Land Held for 50 Resafe , ,. Statement af Encome and Expenditure5 Expenddures Page 5 92111l2Q02 : . . . ~:~.::-.. .. .. ;~...~~. ..~:i, ,... ;,: . ...T. -..,~ ~..:W~,~„ .,z~, ..:; k~~_ .. -_: ,~a., ~. ~.:~ 7 ~'::.._....~ .. .~?~~ ~' a«« .:.~; '~~..:'~~ .: a~:-.;=~'... ~is.. ~~.~.~-~t.......,~€~.:~ ~ Statemen# af lncome and Expenditures - Expenditure~,;:. ::~~ -e~=~' YcE.p~.'v~'~ .~':: ~}i::::'.:::st_5-~=.i:..... ,. ~.~ 5tatement of incame>and Expenditures - Expenditures ;: " ~ . ~~ ~ „ :. . ; ; ~ . ~: . .~..... s ,~... ;~:,. ~ ....,E... ~:~~ Fiscal Year 2pp2 Project Area Name Ocean Park Project Area .,, .. ___„_.,___.___, _ Capita! Project Debt Service LowlModerate Special Funds Funds Income Housing RevenuelOther Total Decline in Value of Land Held for Resale $p Rehabilitation Costs .. , ---- --_._ $p ~ ........ . ........... Rehabilitation Grants ~ _ _ $0 InterestExpense _~ 493,506 _.... _- 651,925~ $t,145,431 ~ Fixed Asset Acquisitions _ ~ ~ _._.. --- . ~ .... _. .. $Q ~ Subsidies to Low and Moderate Income 127,900 $127,900 ~ ,,,_ ,~..,. Housing ._. . Debt Issuance Costs 25D,677 ~$25D,677 ~ Other Expenditures Including Pass- $q ~ Through Payment(s) T~m Debt Principal Payments: TaxAllocation Bonds and Notes 280,040 $280,000 3 Revenue Bonds, Certificates of $0 Participation, Financing Authority Bo~ds CitylCounty Advances and Loans ~ H~ A A$0 µ~( All Other Long-Term Debt _ ~~ ~~ : _.. _. _ .,..$~,.~ Total Expenditures $1,005,407 _.._........_ . .. ..___ _~.~ $931,925 $152,358 ...__.. . ..._~_~_...... ______~_..____.._._~~~.._...._ ~~._. $0 $2,QB9,690 .__~e_~_.....~.....~_ ._~_~._d~ .__ ' Excess (Deficiency) Revenues over ~ $1,374,5i0 - - - . , . ($905,820) $452,820 ~ - _ _ .... ..__ ._.__. $D $921,510 W _ _.__ ~____W._. ~ ~ (under) Expenditures Stateme~t o~ lncame and ~~enditures - Expenddures " ~° Page 6 ~~. ~~~ 12l1112002 : ,..:_ ' - ; . .a~a ~ ~a .st:. ' S:~~`... .... _, af , ~ ~._. ..._ & ~-=~ : ~ ....~,.~.: .~,~~U .... .{~..e..., .'a.:~ ..,'i,'~'~ 9!: ';-.K, `~' ~Si',' _:4~..- "~ e~,.;:"~ _~,~~ ~ . `~ : ~~ ~ R$t~~ve~`opmerit Agency 0# Tl~e ~~t~ 0# fa ~~mc~~ ~ '~' ,a , ~ R-,..~.. _ ~ ~ wa~ ~ ~~ .:. ; ~: , ,. ..:.. ; ~ ~ :~ _. . ..Y , . ~:::;>;:::. ~ , ~,ac#~~~lopmer~ J~ge~~~~ ~~~an~~~I Tran a~#ao~s Fie rt .~ ' .:::::: . ._. ~~ .. ~v ~ ..r,,:W:. p~ ~ ~ a~ .~a. .~. ,..:W _..~; ,, , n • ~ . y,a.~~ .., ~ ,~:~. ~ , ~ ~,~a= ~.r, e~- _..~~..... ~.~~ ~ . ~, ~~~~, _~~~,.~ ' ~~~~ ~~ ~ ~ ~F~ ~~ = a _ , ~ ~ . ~ ........ .~.~ ~`~ ~ ~,,.,~~~ , m~~~~;~:~. ........ Statement of Ir~come and ~acpendit~res - O#h,er F.inancing Saurces ; ' . .....: .. ... .'.... 4,.«~:.:. ~:..W .~ :. ~' . .. ~ .,.. .., ~ . - . _. . . _ - . . .: w~._..~-, n ..>.~ ' . ~,:'.. . .. . .. ~.._. .M~,....,.: Fiscal Year ~2002 ~ Project Area Name --- Downtown Project Area ---~ - _ Capital Project Debt Service LowlModerate Special Funds Funds Intome Housing RevenuelOther Total Proceeds of Long-Term Debt ~ ~ ~ ~$p ~ ~ Proceeds of Refunding Bonds 5,622,516 ! ~ _..._ $5,622,596 Payment to Refunded Bond Escrow Agent 6,554,682 -- $fi,554,682 : Advances from GitylCounty $p Sale of Fixed Assets ~p Miscellaneous Financing Sources (Uses} $q Operating Transfers In 1,147,395 177,379 $1,324,774 ~ Tax lncrement'Transfers In $p i, Operating Transfers Out 177,379 1,147,395 $1,324,774 ; Tax Increment 7ransfers Out ; .__,..,._~~.~._.~ ., ~3 (To the Low and Moderate lncome Housing Fu»c~ Totai Other Financing 5ources [Uses~ $37,850 ~ ~$970,01~ $0 $0 ~$932,166~ j Statement of Incame and E~e~ditur~s - Other Financing 5ources Page ~ -? ' . 12111120p2 ~ ::: ~ ~ ~ ; ~~:;. , _ in~ , . ~v~ ~ .. . ~::~-~ '~~`~~~ } ~ ~ =~~c~e~ . ~ . ~ ~~cy C~ ~ c~ty.;i~f s~i~~ Mo~~ ; ~@ ~ ` ` ~ ,.__ _.._._ ~ ~ _. ~' ~~ ~ _; ~....:, ~ ~~~; _ ..__ ~ ~ ~ ~ ._... , -~ ~~-~ > R~~developm~nt Ag~~~~es ~'~n~~t~~~[~~ ns~c~i~rns R~por~ ' : ,:; ,w.,~z~a~~~.r<,~~aae~;~.a~....:.~„m..:<, .<,,~.: ._.:W .~,.. ~.~,;.~ a -.~t+.:~: .~~~~.. ~ _.....W ...,~ ~~' `.. ~., ~, ,~-~:~, :~.: ~.:-~-6. . .. ~,:~~"~.,~~~'a<a~:_. _:<, ,4 ' - 5tatement cf In~ome and Expenditures:-:Other Financing Souraes ., ` -- .,,,..~ ,. ~ .... .. ...... . ..,~,~ ~~.: , . . . ....:. .. W .....::_. .._.:..; Fiscal Year 2002 I Project Area Name Downtown Project Area __. . _ ___ Capital Project Debt Service LowlMOderate SpeCial Funds Funds Income Housing RevenuelOther Total Excess (Deficiency] of Revenues and ~ $5?3,539 ($2,067,62~ _~ $243,847 $0 ~~$1 300,440) ~ Other Finanting Sources over Expenditures and Other Financing Uses ~quity, Beginr~ing of Period „ ($15,262,521} ~$2,p20 7$7 ($12,935,723 $306,011 ..,~..,,. ~~ _~ Prior Period Ad'ustments 18,733 i~ 7,834 $26,567 1 ,_.__._... _ - Residual Equity Transfers _ a ~ $0 Other(Speciiy~ ~~~~~~ A B C D E :`~!~~~~~ I _.._ _ ~ _ I Total OtherTotal ,._,,.,,.,~~..,,.,.,..(~ : ._~ __ ~ ____ ~ Equity, End of Period ~4,720,249~ $47,03~ $557,692 $0 _ _~$14,209,596~_; . - ~: . ~ ..- _- ~ n .s ~ - . _- Statement of Income and Expenditures - Other Financing So~tpes ` Page 2 ; ~,~ ~ ~`~" ~ ~;'k2l11{2002 - ~ ~ ~ y ~, -...........~.,-~~"m?.~~;s`. '::'~ ~~~.s';...:'.• k~.::'.;::::: ?.'..... -. $ ..,.,.'..~',....' . ::. . .............. ......::: ~ . ~~%~'~ s...Kf. ~Y --~~'~~k~7 g ~~.~. ~' ~S ~. ~ , ;; . .: ~> >. a~tl~~ela mew~~~ Of ~'h~ ~-~i~y~f ~~~~a Manica =~ ~ ~ ~ I~ ~ ~ y ~ . a . ;~ ~ ~~ r ~ ~ ~ .~ ~ ~ =::..:- ..~ ~~ .. >°`~ ~ ~~ ~.. ~ ~ ~~'.`, ~ ~ ~ ~Redevelopment Agenc~e~ ~~~an c~al Transa t~Qn~~~ReporE <~ ~ ' ~ ~ ~ E ~ ~ ~' ~ ~ ~;,.~.a ~ ~ ~ ~ ~ ~ . e~;:~ .~ ~.~ ~~~~.~~~ .u_. ~.V~,. ,~ ....~ , , ,..,.~ ~ , , , ~ . Stat~ment of Incame and Expersditures.- Otl~er F~na~cing Sources : ~ ~ ~~ -- ~ ~ ~ :: _ ~ ~ .. . ,.,, . _..,.... . , ~~~ , ... .........~~ ~ _.... ~. . , . .... fiscal Year 2002 ', Project Area Name Earth uake Recove Project Area ______ _ CapiWl Project Debt Service LowlModerate Special Funds Funds lncome Housing RevenuelOther Total Proceeds of Long-Term De6t ~ J_ _... ... ~ 1___ __.. ..:_. m. ~~~. Proceeds of Refunding Bonda $0 ~ Paymenk to Refunded Bond EscrowAgent $0 : -- --- --- Advances from CitylCounty ~ ~ J ____ $0 ----- -- --- Sale of Fixed Assets ~ ~ J ~ $0 ? Miscellaneous Financing Sources {Uses) _~~ $0 : Operating Transfers In 4,693,435' $4,fi93,~435 Tax Increment Transfers In $Q ; ~.....~... ~..~...~~......... _-_.. Operating Transfers Out 3,754,748 ~ I 938,687 - - $4,693,435 ~ __...~ __.~ Tax Increment Transfers Out SO (To the Low and Moderate lncome Nousing Fund) Total Other Financing Sources (Uses) ~$3,754,74~ $4,693,435 ($938,687) $0 $0 ~ _, . . ,y ~ ~ $;a~etf~s~lt of Income and Expenditures - Qther ~inancing Suurces ~ ~ ~~ ~ Page 3 ~ ;;:• ,-. ~ ~ _ ~12l1112002 ~~ - ~ ~ , ~ _ _ ~.._ :~:. . . , ~~' r '3~, is W ~~ . ., . . , . . ... .. ,, ^~-Q '~~..~~ ~~~'`` ..~~~ ~~ Reclert~ o r~~en ~ger~cy ~~~ ~z ~~f~~flf Sa~ta ll~a~r~~ ~ ~~ ~ ~~ ~ ; ~, ~ ._ __ ~ ~ ,.__.:~ ~ _, _ ~ - .~~,:_~_ ~~, ~~ . . . ; ~ ~ __ , , F~edevetop~rae~nt iA.genc~es ~'~~'ar~c~al Tr~t~sact~or~s R~~o ` g '~~' ~ , ~~ ~ ~ ::,v ::`~ . ... ~..~ ~ ... . `~>a~ri..'~e,~ar~af'o-~e..~. a b_..~ ~ ~~~4 ~"..»~.s=.~ .:..:r-e . . . .''af7 ~ ,. .. ...:.~3x~ r . ..:...:. ... . . y:..~ 7 . , . <~~.~:.; . <:; W . . ,.;. - ~ .., .ti.. . . .. .. x~~,:~ ~ . . ~q;'~ ~?~F . . r~~,: ~'` . . : ~'. - ::S#atement af trfcqme and Expenditures - Other Financing 5ources : ~ ~ : ~. ,.,. , ~ _ 4 . i ....:. .~_ , . .,.. _ . _ _.. . - ..' ~. ' . ~ . ~. - ~- ~ ,.,..3....~. f..fX. ,.. ~... ,.....«>#:~~. .....3.:.~ b ,<.<.~.,~>d.,.f~ Fiscal Year ~02 ~ Project Area Name EartMquake Recovery Project Area ..... .. Capital Project ~ebt Service LowlModerate Special Funds Funds Income Hausing Revenueldther Tatal Excess {~eficiency~ of Revenues and $8,891,525 $19,284 $2,288,403 $0 $11,199,212~ ~,.~..~,.. ~_,.._ , ..,~..,.,. .~._ .,.,.,. _~ ~ _. -__ ..___..___ .._.___~ _ _... _ __... - Other Financing Sources over Expenditures and Other Financing Uses Equity, Beginning af Period $$,234,972 $2,810 170 ($5 079,371) ~~ $0 $5,965 671 ~ Prior Period AdjustmenEs ~ 91,268 ~ 90,44i ~„$'i81,707 ~ Residual Equity Transfers $0 . :t.{.E.-.:::?'.E.E`.E,°,:3.`?H. Other(Specify) A 8 C D E ~~`~~ ~~" I - I I. ~~ _~ --- _....w. ~.a~._.~._..~ Total Other Total ~ . _ r _..,~.~ _~ ~ ~ __ _ Equity, End of Period $17,217,663 $2,829,454 S$2 700 527~ $0 $17,346,590 _, _.. , ~ ~:_ ~ ~ 5tatement of income ar~d Expenditures - flther Financing Sc~t~rr,e~ f Page A ,~ ~, ; 1211 il2Q02 ~e ,. ~,_~ , ,;~:... ,; ;~_ ~::_~ .z:::.. ~r~ _....... ~~ , ~ ~~ ~ ,~ r.r ;d ,..~. ~ . # .:.t:;::;GS ...q .~ y~ . % . 3~ . ~ ;~. i 2 ..:..a.... ~..:.,._:.s......,~ e._ mz~, b?--.?~k....rm..~ .............r~.F' ., , e ......,..., .~.,... ~ .:i'~ ~ ., .,..' s, ~ ~ ,~ .;~s>. • . - ~, ~~.~~~ ~ ~~. ~ ~ ~v~fo m~nf ei~c ~~T~le~Ci D~~ ~ ~ . ~~ p , , Y ~Y f ~,~` ~a Mor~~ ' ~ ~ m - ~. - ~ _~P~ ~ ~, . ~~ _. _ : ~ .~~ , .~. ' _. ~~ ......._...~~ ...... ...........~..:.:~ w -: ~, ;~ ~~~- ~.::;ri.: .: : : - , : ;. ............ - ~: , ........ ...n~::::~:~ ~, . '~`::;;:"a::::::.-~ ~ ;~ ~~.. ~. ......... R~de~elopm genci~ ~ . , .. e~ ~~ ~~~ ~~ ~~. ~ ~~ : ~ ~~i~~~ ~ ~nanc~al Trans~~#~~~t~s ~,e~~,~~,~.~ ~~~E ~ ~ '~ :~~ ~ ~: ~~~, ,:~~~ .., ~.~o ~ ~ s ,.~ ~~ . , .r . e, ~~ ~:~.~. :_.~ .~ ~ :.~~ ~ - ~~...,..... • ' ~., ... . ..... ~ ...... ~.. ~ .,. ._ ,. _,. _.,. ~ ~ ..~.._.:~.~~~ ~: ~ 3 ~ Statement o# Income and, Expenditures;- Other ~inancing Sources - ~, ' ,_<,<t <..~..~,,, : ~1 ..._~.' _~~~..;:` .,~~. _.~_: t:....,_. . .....:: _ .: Fiscal Year 20D2 Project Area Name Ocean Park Proiect Area ~ T; Capital Project Debt Service LawlModerate Special - Funds Funds Income Housing RevenuelOther Total Proceeds of Long-Term Debt ~ I I 5,760,605 I $5,760,605 ~ Proceeds af Refunding 8onds I 13,361,~42 $13,364,142 Payment to Refunded Bond Escrow Agent 9,54$,921 $9,548,921 Advances from Ciry/County i $0 5ale of Fixed Assets $0 : _ Miscellaneous Financing Sources {Uses) ~ _.__._.....------ --- ~ ---___._.- -----~- J --- $0 Qperating Transfers In 944,538 2,196,703 $3,141,241 Tax Increment Transfers In $p Operating Transfers Out 2,196,703 944,538 $3,141,241 Tax Increment Transfers Out $0 (To the Low and Moderate lncome Hous+ng Fur~d) 7otal Other Financing Sources (Uses~ $2,564,056 $1,252,165 $5,760,645 $0 $9,572,826 : ~ ,... , , _; . .. ~ ~ ~ ~ ~_~ 2, , ~ , _ F°~ .:; Statement of Income and Expenditures - pther Financing Sources ~ ~ _~~ , ~ Page 5 ~~~,: ~ ~~ ` ~ ~~ ; ~~~~ 12!'f 112002 ~~ . :~ _ : . __ ~ ~ - ~ ~ ~ ,._ ~ ; ;._ ~......~~ ..~~... . > ..,. s~•~d~*c.~~~r..^,.h^" st»~s ~.-a ' '.'.'~. ..,..'...: ~- ..,-,,..~ r -' ~;-".,.~.:- _,,..; ~ : .. ~... ~,~~ ~~,~ ~ _ ~-~ ~ ~~ ~~ ~~ R~d~ve~opm~nt ~ger~cy `Of G~f~ Of Sa~ta MQnica ~ ~ ~ ~ ~ °~ ~ . ~ _._.._ ~~ . .~ . __._ _ ~:_ .. . :.. ~ , . _ .. ~ ,~ R~derrelopmerrt Agen~t~ ~w~tanc~al Transact~~rns 3~~port '' ~ a " a.~ .•>~raa~~ _..:-~~~.~~: ~.,~. n«~...F:;a. _....~.-~ _,~ _. _ . : .......K~ 5.....-,.. . ~ ;,>. ., . .._., _.__. ...... ..,.~. .,.,.w .,. ..... ..~~ :.a~~ - ~ ;: Statement;of income and ~xpenditures - Other ~'inanc[ng Sources ~y ~ ': . .,...,.. .. ..... ....:..:: .. .. . < .~6 , ._.,:;.,:,:~.. .'.-.... ., _ _ - . . '. . . ~ . ...,.. ~.~~_ . ..; . ~. .,.._: . ,........ .,...._e,. Fiscal Year 2002 I Project Area Name Ocean Park Project Area .____._ ...___.. ___ Capital Project De6t Service LawlModerate Special Funds Funds Income Housing RevenuelQther Total Excess (Deficfency] of Revenues and $3,934,566 $346,345 $8,213,425 $0 $1D,494,33fi _ _~ _---,_.. _~,...w ___..._.____ ..__.__......e.vd_.~.____.v__.._. _.____e. e~ d_______..__ _m._____ _ e ~_.~......._~.~ ., Other Financing Sources a~er Expendit~res and Other Financing Uses Equiiy, Beginning of Period ~ ~$4 617,328) .~ $1,599,969 _ $574,735 ~« $0 ~ ~$2,442,624) ~ Prior Periad Adjustments 29,360 ; 16,493 ; ~$45,853 Residual Equity Transfers $0 Other(S peciiy) ~ ~1.."~3 t.te~:3°. A B C D E ~~~~~ ' -- - - _ _ _ .. _ . _. ---- ~ - ~ ~.. _d~ _ _. ~. . . . s Total Other Total ,~,~ . ~_.,. ~,.,.. _.~...~~...~ ~~~_i ~ Equity, End of Period ~_ ~$653,442~ $1,946,314 $5,804,653 m __~~. _ $0 $8,d97,565 a _ _._. _.__..._____.__.~__~ _ ,; Statement af Income and Expend~tures - Other Financing 5ource~ :.:, ~ Page fi ~. 12/1112fl~2 `. ;: ~ .~ _ ~ , , ~ .:- , ,. . _ . .. M.. ... . ~ ~'~ ...... ~; ~.~ °~a, _. e .o~,-. ~,~ ~ Redevetopm~n~ Age~~y ~f The City Of;~~nta ~~i~ica ~ - : `~ ~, .. ...: ~ ~ <::.. ; , . . ,, ~, , _ : ~ , ~ - ~ . :. .. : ~ y ~. . . . .., ~~ m<<~ Reder~e~opment A~en~ies Finan~ial Transactions Report ~,.:~ . _ , ~ :,.. ~ ~ ~ ;.~ Balance Sfieet = Assets and Other Debits ' '' ... ~; , ......._ :-. LowlMaderate Special Fiscal Year 2002 Capital Projects Debt Servics lncome Housing RevenuelOther General Long- General Fixed Funds Funds Funds Funds Term Debt Assets Total Assets and Other Debits Cash and Imprest Cash 13,879,142 ~ I 7,179,623 I ~ ~~° ,g, "~ ~~ ~,~_ ~~~~ ~~ $2~,458 7B5 ; Cash with Fiscal Agenk ~ 10,904,335 4,728,729 5,786,096 - -- :~~ ~~ ;~~ m~~~;;P:~`:' $21,419,180 ~ ~ Tax Increments Receivabb ~ 1,259,264 314,8i8 ~~ ~~~ ° ~~~ $1,574,082 Acwunts Receivable 58,281 ___.. __ ~~._._.-_.___ ;;:~ `~° ~~~:'; __---_ .. ~>:~. ~~a,zs~ Accrued Interest Receivable - Loans Receivable ontracts Receivable 113,A03 - - ~,742,188~ -~- ---- 93,392 . ~-~-~ 48,250 ~ ~ r ~ "~~ } °` ` ~ °~:~ e ~: ~, ~~~ x?.~~~~;F :..,r.s. :.`e ~ $206,795._ . ~~ " ` ~ ~ ~ °.. ~_ ___ ~ __. _. .._ ,~ $8 788 438_ ~ E' ~ ~ ___ ... . '' ~ ~ ~ .,.. .:. ... ,$0 ,, . ;: , Lease Pa ments Receivable Y 5,640,000 ..... _ . ~` $5>640,000 ...~:....~ . .........~. ~~.~:..~~~ .~ ; Unearned FinanCe Charge ~ , _ _. _ _ __ _____-._ __ ~.___.. - $p ; Due from Capital Prajects Fund Due from Debt Service Fund ---__ _._ . _ -~~ ._ ~~~ ~ ~ $4 ._~~:. ~ ._-°== ~ -=-: __ ? ~ ~ ~,~ ~~ ; ~~~ ~ y- ~.,,~ ~ $p ~ Due from LowlModerate ~ L' ~~~~°~'° , e '~ z->_; ;`°~ ~,, ~°~~~. $0 -.__ __._ -_ °. ~~ _ Income Housing Fund , Due from SpeCi~l ~ ~ , • ; .~ ~ ~~~ ~` : $0 m ~ e ~ RevenuelOtherFunds ~ , ,. ~ ~ ,, , ,a_:_ ~ .. Balance S ~ ~ ~ '" ~ heet - Assets and Other Uebits. , , . ~ ~ ' ~ Page 4 ` 12111/20Q2 ~ ~ ~ ~ ~ ~;: ~ , _ ~ ~ r +~ ~ - ._....,, : . - ~. , _.~~ - ~~.:~....~~:..._ ~..~_ ~ ' _ ~ ~~ : ~; ~~cucvcc~-N~~~c~sk;~+~c~-i;r,~~~ ~ ~~a vaa~r iJi 3iQ41LL 7i1Vi114iE ~ . ~ ~:_ '~' ~ _, . _ '~ .a v . ~~ ~ ~ Redevelapment A ~r~c~es ~inancial Tr~ns~~t~o~s Report ,rv ~ r'~ = , ~ ' J , . .,~ ~ .:: ~ ~ ~ .. ~ ... ... .....:. .~~ ~.;~ _ ,~~~~~ E~ .: ~~ ...: _ .. ,, . s: : ' :~, ~~ ~~: .. Baiance Sheet - Asse~.s and Other Debits :; ; ' _ ., , , ....., .~. .ti~~~.. , ~..m ~ ~ ~ ~ _ , ~, Low7Moderate Spetial Fisca! Year 2002 Capital Prajects Debt Service Encome Housing RevenuelOther General Long- General Fixed Funds Funds Funds Funds Term Debt Assets -. .~_ ~~..~...~ Total Balance Sheet -Assets and Other Debits ` _ ~ # ° Page 2 ' ` 12I1112902 '~~"'`' ~ ?~£ ~ ~ . ~. :, ~u ~ ; ~ ~ ~~, ._ ~ -,. ~ ._. . , ~ . .. . _. ~ ~~ ~~:~ ~. ., ,. . ~-~ ... ,. - , ..~. ...,,., .W ._.. '""~. d: ..,:" ~.~_ _ ~:..:. ~:~¢.~: ~, ~ ~,~'r -~> ~..-.. . > ...5~:~..~ ... _ . .. .~ ,:. .. .. . ,,:~. ~..:, _ `.~^'§^. ...-.. ;:,::~. .. .. _. F cN-ssg~v,oi. rc. ~ _ -rz^s.~,g~ax^r~ .e. P ;:: ~:: .Redeve o rt~en ~~ TE~e City QfTSanta; .n = .ica , ,_.. ~W: _ , ; .. . ,.. ... . ... . ;,,, ,.. . . ~ t~ : ~,, ,,,,, :: , ~ e._, ._~p _: ~,.._.. ..~~ _ _, '' ~~ Redevelopment agenc~es Fir~ancial Transaction~ ~eport ~ ~ ; .. ,.er ~~....._ ~ - ....___ ~ ~ ~E. ;~~ _~: ___.~ . . : ~~.,_ ~ e;.E. ~ ~;~ _ 8alance Sheet - Liabilities and Other Credits „ - ~: ~ ~~ ~ ~ ~.. ~~~ . ..,.;. . .~.. _......: . . - ....~. .:.:..~~- ~ ......... ~._ __ 9.:L... ~ ~ LowlModerate 5pecial Fiscal Year 2002 Capital Projects Debt Service lncome Housing RevenuelOther General Long- General Fixed Funds Funds Funds Funds Term ~ebt Assets Total Liabilities and Other Credits - --. . . _. . Accounts Payable 5,428,683 16,173 I ~-~ ` ; .;; Interest Payable Tax Anticipation Notes Payable ~' _~~ _ ~ ~~-;~~~ Loans Payabie Other Liabilities Due to Capital Projects Fund Due to Debk Ser~ice Fund Due to LowlModerate Income Housing Fund Due to Special Revenuel0#herFunds Tax Allocation Bonds Payable Lease Revenue, Certificales of Participation Payable, FinanGing Authority 8onds All Other Long-Term Debt Total Liabilities and Other Credits I 33,323,918 8,742,188 ,. : ~. ~ ~ b . .,., e._ .. ~. ° m ~ ~~ ~ :..:: '~ ~a~_.. ~~ _..; - - - - ---- -- -_ _.... . _ -- -- ---- -- ~-- I I ~t~° ~, g~~' . ~k; : ;~:' `~ $0.__j $0 3~ ,~a $0 858 $0 $0 $42,066,106 ' , ~ ~'~~~~. 82,800,000 ~~ $82,SOO,D00 ~ p;R~=,`> _ .;~>~: ^` 9.>~>ft4 ~ [ f^'~..EL.'~~..4.:...u:. ~ _.._...~. ~3.: i:'~.'~~ ~- .. ~ Es~,4~~~.:.; ~ . ~_ ~_._ "~,.,,;~, ... ~ . .., 'F n ._;_ ~~.:~~.~. ~_...-- ---..__... .._.__ ~ 5,640,000 ~ __~ _ ~ ~ .....,,, $5 640 000~ $D .L..._. $8.75 ,. .. , ,. . BaEance Sheet - Liabdities and OfF~e~ ~ . ~~ Credits: ~~::~. ~ - ~ ~ ~ ~. _ ~ ~ ~ ~~ ~ ::, Page ~.~~~ : ....~. .~~. ~,m~ ~ ,.d.:. ,d.~~,:, . ::.:. . . . ... .. .... .'~..:: ...:~::F.i. "n .. . N . ... .~ . ..::":.:::.°..:]^;:>:..e. - .,~.: ... .. . .....:.. .. . . . . . .. .. ,,... .. . . , ".._ r ~t. ~. ::,-:.::::::i.:;:.:;::~. :' ; m:~mm..:::::: . Redevelopment Age~i~ ,~_ ~'Ci~ty Of Santa ll~;~t~' .:::::.:.:::: ~ .. ..:.. ~,. ; .. ~ ~ ~~ ~~~~~ ` Rede~e~opmer~fi Ager~c~es Financial Transact~ons Re prt ~ ~~ ~ ~ ~ ~ ~ ,, . ~ . ~ .. . ~~ ~ ~ ~ . ~ ~: ~ Balance Sheet - Liabilities and Other Credits . _ ~ ,~ ; ~ ~ . . ~s ~ ~ _- ,: _: ~.~~ :.-.: , _ ~~ .. ._. ~~..... ~. _ ,..~. Y~ LowlModerate Special Fiscal Year 2002 Capital Prajects Debt Service Income Housing FievenuelOther General Long- General Fixed Funds Funds Funds Funds Term Debt Assets Total Equities Investment In General Fixed ssets und Balance Reserved `° e~._~._ .~: _ ~ ~~ ;.. 27,157,'~47 -~ ~. __ ~ , A;,a~ . ~ ' ~ ~~~~~ . .. 7,362,345 4,728,729 ', - - _~:,, 76,567,260 , ,, ~ ~ ,c ~, a~ `< ,~. `~: ~' A, ____- _ $76,567,260 39,248,221 ' Funcf Balance ~' ~ ~~:~„ _~; .~~,~. g0 ~ Unreser~ed-~es ig nated Fund Balance -25,313,135 -2,700,527 - . f 6~;." ($2g,Q13 fi62) Unreserved-Elndesig nated Tota! Equities _ ___ $1,844,012 , ~ $4,728.729 $4,661,818 ~ ._.~.,,. $~.~.~ "~ `' '`' $76,567,260 _ $87,$01,819 E Total Liabilities, Other Creclits, and Equities $40,596,613 _ $4,728,729 _ $13,420.979 $0 . $88,440r000 $76,5fi7,260 $223,752,781 ~ -. s ,, ,~-- ~ ~ _ -~ ~~, , Ba -:.. . lance~S[~eet - E.tabilities a ~ ~,~ . ~ ~ ~ ~ nd Other Credits :'- '-= ~ Page 2 ; ~ i ~ - ` 12/11/2002 :: .... - ~ . ~. . _; . .~ ~' , .,,~ ,~..,.'SL ~a,. ~#aw~~~ .~~....... ~.,?" 54 ~,..:::. ::::_ . , ,. .~........ .,Fr=: _"._..«..._""_ ^ ,. ' ._'"_-_____ ' - __ .:::1= ._. T._ .._. ..... .... .~_ ~ , :~,. ~ - ~ ti ~: ~., - '":-- s . ,w~2 a ~ a Red~vetaprtaent A~ert~y Of The ~ity Q~ San~a Mon~c ~ ~' ~ ~~ ~ ~ ~ ' ... ~:.;~~ . .~ ~edevelopm~n~Agencie5 ~~`, ~~~r~sa~i~~Qns Rep~rt, p ~. , a.6 . .. . ~, ~ ~. _~. ~. .a,...;: :..,, W.w..~ ...... .. 5tatement of Income and Expenditures - Summary, Gombined 7ransfers lni0ut;;: Fiscal Year 2002 Operating Transfers In Tax Increment Transfers In Operating Transfers Out 7ax Increment Transfers Out $9,159,450 $0 as,159,a5o _.~ ~~ _ ~ _, :... _ __ _ . . .. _ ;,,. ., , _ ..: ' .. :. .3 . .:~.~-. :.. .. . Statement of InGOme and ~xpenditures - Summary _' '` Page 1 , ; 12119l20Q2 ~ ~ Combined Transfers InlOut = ° . ,~ _: ._~ ~ ; ~ ; ~ ~ ~ ~- :: -. ~ ~~~3: , ~~~ ~~ ~ ~. ,., ` .~ ; : ,-~- ,.,_ _ _ ~~ _ :_ ,._., ~.e. _ __ ~;, . ~- . _ ._. ._. _ Rede~elopment Agency Of The City Of Santa Manica Rede~elapment Agencies Financial Transactions Report 5tatement of Income and Expenditures Revenues - Consolidated FiscalYear 2002 LowlModerate Special Captial Project Debt Service Income Housing Revenue/Other Funds Funds Funds Funds Total Tax Increment Gross $23,948,026 $0 $5,987~007 $4 $29,935~,033 ~ SpeGialSupplemental5ubvention $0 $0 $0 _W_ ___ $4 _ _ $0 Property Assessments $0 $0 $0 $D $0 Sales and Use Tax $0 $0 $0 $0 $0 TransientOccupancyTa~c W . ~.......~ $~ r_._ ~ . $~ __.~..... .~~ ~_ ._ ..__.__. ~~~.~ ~.._._~W~ ~0 Interest lncome $1,288,463 $61,05D $326,640 $0 $1,676,153 Rental Income $0 $a $0 $0 $0 Lease Income $1,151,706 $0 $Q $d $1,151,706 Sale of Real Estate ~~ $~. _. _., ~.~.._ $0 _ __ .......~...~._...,. $0 ~_$0. _ ~~_ $0 _J Gain on Land Held for Resale $d $0 $0 $0 $Q Federal Grants $0 $0 $0 $Q $0 Grants from Other Agencies $0 $0 $0 $0 $0 Bond Administratirre Fees $0 $0 ~0 $0 $0 Other Revenues $80,717 $0 $0 $0 3$0,717 Total Revenues $26,4fi8,912 $61,050 $6,313,647 $0 $32,843,609 Re~enues - Consolidated Page 1 1211112D02 ~. ; Rede~elopment Agency Of The City Of Santa Monica Rede~elopment Agencies Financial Transactions Report Statement of Income and Expenditures Expenditures - Cansolidated Fiscal Year 2002 Administration Costs Prcfessional Services Planning, Survey, and Design Real Estate Purchases Acquisition Expense Operation of Acquired Properly Relocatlon Cosis Relocation Payments Site Clearance Costs Project Improvement 1 Construction Costs ~isposal Casts Loss on Disposition of Land Held for Resale LowlModerate Special Capital Projects Debt Service Income Housing RevenuelOther Funds Funds Funds Funds Total $1,832,609 $D $7,933 $0 $1,640,542 $o $o ~o $o $o $0 $0 $0 $0 $0 $a $a $o $o $o $o $a $o $o $o $0 $0 $0 $0 $0 $o ~o $a $o $o $0 $p $0 $0 $0 $o ~o $o $o $o $3,179,228 $0 $349,173 $0 $3,528,401 $o _~___~ . $o __ „ $o $o ~o .~ $0 $0 $0 $0 $0 Expendiiure5 - Consolidated Page 1 12l1112002 Reder-elopment Agency Of The City Qf Santa Monica Rede~elopment Agencies Financial Transactions Report Statement of Incame and Expenditures Expenditures - Cansolidated Fisca! Year 2002 ~ecline in Value of Land Held for Resale Rehabilitation Costs Rehabilitat~on Granta Interest Expense Fixed Asset Acquisitions Subsidies to Low and Moderate lncome Housing Fund Debt Issuance Gosts Capital Projects Debt Service LowlModerate Special Total Funds Funds Income Housing RevenuelOther Funds Funds A 8 C D E $~ $0 $0 $0 $0 $0 $0 $1,447,361 $0 $'E,447,36'E $0 $0 $0 $0 $0 $1,49fi,551 $4,828,831 $457,523 $0 $6,782,905 $0 $0 $0 $0 $0 $0 $0 $127,900 $0 $127,900 Other ~xpenditures Including Pass Through Payment{s} Debt Principal Payments: Tax Allocation Bonds and Notes Revenue Bonds and Certificates of Participation $511,279 $0 $0 a0 $511,279 $5,142,773 $0 $0 $0 $5,142,773 $0 $1,200,000 $0 $0 $1,2D0,000 $0 $710,000 $0 $0 $710,OOQ CitylCounty Advances and Loans ~_,,_~ $0 . ~~~ , $0 _ $0 $D $D = U.S., State and Other Long-Term Deht $0 $d $0 $0 $0 Total Expenditures $11,962,440 $6,738,831 $2,389,890 $a $21,Q91,161 , Excess (Deficiency} Re~enues $14 506 472 mm ~$6 677w781~ $3,923,757 $0 $11,752,448 ~ Over (Under) Expe~ditures Expenditures - Consolidated Page 2 12/11/2002 ,R, ~ --- .. '?=~ . . -- Rede~elopment Agency Of The City Of Santa Monica Redevelopment Agencies Financial Transactions Report Statement of Income and Expenditures Other Financing Sources (Uses) - Consolidated Fiscal Year 2002 ~owlModerate Special Capital Projects ~ebt Service lncome Housing RevenuelOther Funds Funds Funds Funds Total Proceeds of Long-Term Debt ~_ $0 ~~ $0 $5,76D,605 $0 $5,760,605 _ __ ............._ ...~.~ ~ ~...__.., ___.~..~ Proceeds of Refunding 8onds $18,983,658 $0 g4 $0 $18,9$3,65$ '. Payment to Refunded Bond Escrow $16,103,603 $0 ~ $0 ~~ $p $16,103,603~' Agent ~ -. ._ ._ ~. ._ . __ Advances from CitylCounty ~__ $0 . _ ~m~.~._......._.-. _$0 , _.. .~~~ W ____$4 ~~ _ r ~~.~.~. ..._.$0 $0 ~ Sale of Fixed Assets $0 $0 $0 $0 $0 Miscellaneous FinanGing Sources (Uses} $0 $0 $0 $0 $0 ~ Operating Transfers In $2,091,933 $7,067,517 $4 $0 $9,159,450 : Tax IncrementTransfers In ,~.;. ~: T;_, '' °'" ~" ~~?, $0 ~~~.:~ ~ ;~~ ~: $0 Operating Transfers Out $6,12$,830 $2,091,933 $938,687 $0 $9,159,450 ~ Tax Increment Transfers Out ~__ ~_ $0 __ $0 ~ ~~~~ ~ :~ ~ ~y ~~;°`~ y ;~, ` ~ _ _ _~~rv $0 ~ (To the Low and Moderate lncome Nousing Fund) TatalOther Financing Sources (Uses] ~m mm_m _ ) $4~975,584 $a,821,918 $0 $8,640,660~ ($1,156,842 .. Other Financing Sources (Uses} - Consolidated Page 1 12111l2002 Redevelopment Agency Of The City Of Santa Monica Redev~lopment Agencies Financial Transactions Report 5tatement af Income and Expenditures ~ Other Financing Sources (Uses) - Consolidated Excess (Defcisncy] of Revenues and ~ther Financing Sources over Expenditures and Other Financing Uses Equity Beginning of Period Prior Year Adjustmerrts Residual Equiky Transfers Other (Explain) Equity, End of Perfod Other Financing Sources (Uses) - Consolidated Capital Projects Debt Service LowlModerate Special Total Funds Funds Income Housing RevenuelOther Funds Funds A B C D E $13,349~636 ($1,702,1~ _ . $8,745,675 ~ $0 $20,393,108 ~ _~$11.644,977 $6,430,926 ~$4,198,625~_ _ __._ . $0 $~ ; 139,359 _.._._..~~~_._.. ............. ._.......~..~. .4,768 $~~...._....__ ._ _ ~ $0 _.m- $254,127 ~ ...._.,,,.,.,_...,_..._~ _... $o ~.r._ $o.... . ....._....~__.~ ~ ~ $a_ _ __ _ ~ ... $o ......_ $o ._ i .......~..... . ~_ ,~ ~ . _ ..... _. _ o._ $a ~~ __ ~~ __ ; .w.~_ $o ....... ~ $1,844,012 ~ $4,728,729 $4,661,818 w $0 ~. $11,234,559 Page 2 12/11/2402 -~ Svppiement to the Annual Report of Comrnunity Redevelopment Agencies For the Fiscal Year Ended June 3~, 2002 Redevelo rnent A. ene ID Number: 13981984500 Nxme of Redevelo ment A eoc:v: Redevelo ment A enc of The Cit of Sant i adaress: 2121 Cloverteld Bl~d., Suite 100 C~t , State, zt : Santa Monlca CA 90404 The U.S. Bunau afthe Census requests the fotlowing informatioa about thc fiscal activities ofyour gpvemment for the 2001-~002 6scal ycar (defined from 3uly 1, ZDO1 thro~gh June 30, 2002), Govemments furnishing this information wil! no.longer receive Census Bureau Form F-32, Survey of LocaI Govemment Finances. If you have any questions piease contact iJ.S. Bureau of ti~e Census . ~ Jeffrey Little ' 1-500-242-4523 . +A, Persvnnel Expenditures ' t ~ RepOrt y0ur gOVetnQlent's total expenditures fot salaries and wages during the year, including ampunts paid on force aecount construc~ion projects. Z00 $ -0- B. MortgAge Revenae Bond Tntere~t Caymeats ~ Report your govcmmen~'s total amount of intcrest paid on mortgage rcvtnue bonds during the year. ~ ; , vZa s -o- ~ C. Crsh and Investment+ Held at the End of the Fiscgl Year Repari separately for each of khe three types of funds ]isted below, the total cash on hand, cash on dcposit, ' and in~estments in Fe~eral governrnettt, Federal agcncy, State and lacal government and non-go~ernmental securities. RepoR aEl invcstments at par value. jnclude in the sinlcing fund tota! any mortgages and notes ~ rccei~able held as affsets to housing and industrial financing loans. Exclude accounts rcccivable, value of real property end non-security assets. L 5inidng Funds - Reserves held for the redemption of lo~g-term W~1 ~-Q- debt. 2. Bond ~ unde - Uncxponded proceeds from the sale of bond issues W31 $ 21,419,'l 6fl cndin d":sbursement. 3. All Other Funds - Exclude employee retirsrnont funds. ~~f1 ~ 2~ ,~ -rj$,7~rj U•S. Ruroau af the Cennu - Revised 03/02 A