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Agency Name: Excess Surplus Determination Pursuant to Section 33080.7, report any excess surplus funds (as defined in Section 33334.12(g)(1)). Excess surplus exists for the current reporting year, if the Adjusted Balance [Schedule HCD-C, Line 8b.(5)] of the agency's prior year 1998/99 reporting forms exceeds the greater of: (1) $1,000,000 or (2) the aggregate amount of tax increment deposited into the Fund during the prior four fiscal years. [See the below Table (Line 8a.) for this reportingyear). "Encumber" means committing funds pursuant to a legally enforceable contract or agreement for expenditure for authorized redevelopment housing activities [Section 33334.12(g)(2)]. In accordance with Section 33334.12(g)(3)(A) and (B), the unencumbered balance may be adjusted to account for any remaining revenue added from debt proceeds and the difference between the sales price of land for affordable housing and its fair market value. 8. Excess Surplus: r�:n :,, tl-1,<1— t�61, to rnirnlatr and track your aeencv's excess surplus amount(s) for applicable fiscal years. Detail of Unencumbered Balance Line 8b(3)1. No designation results in all of Line 8b(3) as undesi at (a) Designated Amount of Line 8b(3). Portion budgeted for intended project use $ Refer to item 10 on applicable HCD Sch-A(s) and item 3 on HCD Sch- (b) Undesignated Amount of Line 8b(3). Portion not budgeted and currently available $ (4) If eligible to adjust the Unencumbered Balance (End of Year) complete the applicable Adjustment(s) below: (a) Debt Proceeds [33334.12(g)(3)(B)]: $ Note: Only include unspent portion of debt proceeds and related income remaining at reporting year end (b) Land Conveyance [Sale/Grant/Lease loss from fair market value of LMIHF acquired land, if 49% or $ more of built or rehabilitated units are affordable to lower -income households (33334.12(g)(3)(A))]: (5) Adjusted Balance [Line 8b(3) minus 8b(4) and 8b(5)] Note: Adjusted Balance is the 7/1/2000 amount to use in the calculation of next year's excess c. If you reported an excess surplus for the current reporting year, briefly summarize the agency's plan (specified in Section 33334.10) for transferring, encumbering, or expending excess surplus: d. If the plan described in 8c. was adopted, enter the date the plan was adopted: mo day yr California Redevelopment Agencies - Fiscal Year 1999-2000 HCD-C Sch C (7ili00) Page 4 of 8