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CITY OF SAN LEANDRO
<br />NOTES TO BASIC FINANCIAL STATEMENTS
<br />For The Year Ended June 30, 2019
<br />NOTE 16 — SUCCESSOR AGENCY ACTIVITIES (Continued)
<br />Depreciation of all capital assets is charged as an expense against operations each year and the total
<br />amount of depreciation taken over the years, called accumulated depreciation, is reported on the balance
<br />sheet as a reduction in the book value of capital assets.
<br />Non -depreciable Assets:
<br />Land
<br />Depreciable Assets:
<br />Buildings and Improvements
<br />Total Depreciable Assets
<br />Accumulated Depreciation:
<br />Buildings and Improvements
<br />Total Accumulated Depreciation
<br />Depreciable Assets, Net
<br />Total Private Purpose
<br />Trust FundActivity
<br />Capital Assets, Net
<br />D. Long -Term Debt Obligations
<br />Balance Balance
<br />June 30, 2017 Additions Deletions June 30, 2018
<br />$ 706,376 $ - $ - $ 706,376
<br />711,792
<br />711,792
<br />(286,030)
<br />(14,237)
<br />(286,030)
<br />(14,237)
<br />425,762
<br />(14,237)
<br />711,792
<br />711,792
<br />(300,267)
<br />(300,267)
<br />411,525
<br />$ 1,132,138 $ (14,237) $ - $ 1,117,901
<br />At June 30, 2019, future debt service requirements for the Successor Agency were as follows:
<br />2013 Refunding Lease Revenue Bonds
<br />Successor Agency Portion
<br />2014 Tax Allocation Refunding Bonds
<br />Successor Agency Portion
<br />2018 TaxAllocation Refunding Bonds, Series A
<br />Successor Agency Portion
<br />2018 TaxAllocation Refunding Bonds, Series B
<br />Successor Agency Portion
<br />Direct Borrowings:
<br />Owner Participation Agreements
<br />HUD 108 Guarantee Notes
<br />Affordable Housing
<br />Total
<br />Plus (Less)unamortized:
<br />Premium (2013 LRB)
<br />Premium (2014 TARB)
<br />Premium (2018 TARB)
<br />Total Debt
<br />Balance
<br />Balance
<br />Current
<br />Long -Term
<br />June 30, 2018
<br />Additions Retirements
<br />June 30, 2019
<br />Portion
<br />Portion
<br />$ 2,180,000
<br />$ $ (214,000)
<br />$ 1,966,000
<br />$ 219,000
<br />$ 1,747,000
<br />11,235,000
<br />11,235,000
<br />405,000
<br />10,830,000
<br />16,845,000
<br />16,845,000
<br />16,845,000
<br />2,215,000
<br />2,215,000
<br />635,000
<br />1,580,000
<br />853,149
<br />(164,378)
<br />688,771
<br />225,000
<br />463,771
<br />118,000
<br />(63,000)
<br />55,000
<br />55,000
<br />33,446,149
<br />(441,378)
<br />33,004,771
<br />1,539,000
<br />31,465,771
<br />74,922
<br />(8,560)
<br />66,362
<br />8,562
<br />57,800
<br />1,347,453
<br />(81,664)
<br />1,265,789
<br />81,664
<br />1,184,125
<br />1,809,519
<br />(86,168)
<br />1,723,351
<br />86,168
<br />1,637,183
<br />$ 36,678,043
<br />$ $ (617,770)
<br />$ 36,060,273
<br />$ 1,715,394
<br />$ 34,344,879
<br />131-!
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