July 14th and 2015 2016 discussion commissioners thats that time again to recognize the schedule payment process as you recall the state resolution law requires the action submit those payments schedules so every single payment were contemplating in the next period beginning in were june through december of 2014 must be identified on that schedule. So its simply allows expenditure authorities again with our approval and in many cases the Oversight Board pursuant to the dissolution law. With that, id like to ask the Deputy Director to walk you through this item good afternoon. So i will begin on our agenda for the raps 2014 2015 workshop. Ill briefly go over the basic terms to were familiar with that and go over our timeline and ill do in breakdowns of totals by Funding Source and by project and Program Areas so youll have a sense of brown where the men is going. I will go over the numbers that are in your paychecks since that time it was a process were continuing to update projects and
For number one housing agreement work and 70 thousand for the Property Management costs and its from rp d f. I want to do a side to side comparison. So similar we requested 64 million for the 2013 2014 a and were at the 11. Well see where it shacks out this is a preliminary look and some of the swings have to do with were doing more on debt service then in 2013 2014 a. The that bond amazements in mission bay are meaning we are using that for infrastructure vs. Tax increment so in 2014 2015 a we werent sure so we estimated higher. On bond preserves for a total of 8. 9 million that will be remaining mission bay 2014 we have not paid out by this period 37 and a half is on the number one housing and 8. 4 are prior housing bonds. We have 44 million in reserves thats prior tax increments that are rolling over and we have 78. 9 million for the developer fees. Open our administrator budget is 6 million so its a little bit over 4 in the staffing cost. Almost 8 hundred thousand in operating expe
Increments that will come in based on the pledge with the mission bay o pa and is portion of the housing of 1. 3 million is the pledges amount. In the bay were expecting 90 for number one housing agreement work and 70 thousand for the Property Management costs and its from rp d f. I want to do a side to side comparison. So similar we requested 64 million for the 2013 2014 a and were at the 11. Well see where it shacks out this is a preliminary look and some of the swings have to do with were doing more on debt service then in 2013 2014 a. The that bond amazements in mission bay are meaning we are using that for infrastructure vs. Tax increment so in 2014 2015 a we werent sure so we estimated higher. On bond preserves for a total of 8. 9 million that will be remaining mission bay 2014 we have not paid out by this period 37 and a half is on the number one housing and 8. 4 are prior housing bonds. We have 44 million in reserves thats prior tax increments that are rolling over and we have
Beginning in were june through december of 2014 must be identified on that schedule. So its simply allows expenditure authorities again with our approval and in many cases the Oversight Board pursuant to the dissolution law. With that, id like to ask the Deputy Director to walk you through this item good afternoon. So i will begin on our agenda for the raps 2014 2015 workshop. Ill briefly go over the basic terms to were familiar with that and go over our timeline and ill do in breakdowns of totals by Funding Source and by project and Program Areas so youll have a sense of brown where the men is going. I will go over the numbers that are in your paychecks since that time it was a process were continuing to update projects and finally, well get to a final version and report balk 80 back to you with the numbers and finally, ill talk about our next steps. Again, the raps background peer required by 1836 to have our obligations approved. So far as weve approved 5 to date. And last year d u
Beach and the harbor for the operations and debt and thats to two hundred and 24 million. So just looking at a breakdown of our rfp requests thats what the state is most interested in. You can see the 57 point plus million we had a small amount requested new year in our staffing. Again, the majority of that is for debt service on our bonds and we have a small amount for our shipyard. The Mission Bay Housing this is the estimated amount of tax increments that will come in based on the pledge with the mission bay o pa and is portion of the housing of 1. 3 million is the pledges amount. In the bay were expecting 90 for number one housing agreement work and 70 thousand for the Property Management costs and its from rp d f. I want to do a side to side comparison. So similar we requested 64 million for the 2013 2014 a and were at the 11. Well see where it shacks out this is a preliminary look and some of the swings have to do with were doing more on debt service then in 2013 2014 a. The that