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2019/20 - 2020/21 OPERATING BUDGET
<br /> PROJECTED DEBT RATIOS & PAYMENTS THROUGH 2021
<br /> Actual Mid-Year Projected Projected Final Payment
<br /> FY 17/18 FY 18/19 FY 19/20 FY 20/21 Year
<br /> WATER FUND REVENUE $28,399,721 $29,636,741 $29,927,741 $31,801,241
<br /> DEBT SERVICE:
<br /> (Collateralized by Water Fund
<br /> Revenues)
<br /> 2017 PJPFA Water Revenue Bonds 941,290 980,558 977,390 978,900 2/2025
<br /> 2016 Recycled Water Project Loan 398,129 398,129 398,129 398,129 9/2047
<br /> Subtotal $1,339,419 $1,378,687 $1,375,519 $1,377,029
<br /> DEBT RATIO 4.72% 4.65% 4.60% 4.33%
<br /> Expenditures
<br /> OTHER DEBT:
<br /> Golf Course Equipment Lease 70,763 70,763 70,765 51,607 2/2021
<br /> 2015 State CEC Led Street Light 190,628 190,628 190,628 190,628 12/2022
<br /> Project Loan
<br /> 20194 HUD Section 108 Loan 23,098 23,756 24,822 25,674 8/2034
<br /> Subtotal $284,489 $285,147 $286,215 $267,909
<br /> TOTAL DEBT SERVICE $1,623,908 $1,663,834 $1,661,734 $1,644,938 11111"'—' ' '
<br /> '2017 PJPFA Water Revenue Bonds. On February 16,2017,PJPFA issued$7.1 million dollar Non-Callable Water Revenue Bonds Series
<br /> 2017 to fund DERWA facilities expansion project.
<br /> 2 State of California,Water Resource Control Board(CWRCB)Loan to support the construction of Recycled Water Project Phase 1A
<br /> system that provides recycled water to the Ken Mercer Sports Park.
<br /> 3 US Bank five-year&Yamaha Motor Finance four-year golf course equipment lease.
<br /> 4 State of California Energy Commission(CEC)Loan for installing energy efficient street,park,&pathways LED lights.
<br /> 52019A HUD Section 108 Loan. The Cities of Dublin,Livermore and Pleasanton entered into an agreement with US HUD to borrow
<br /> $950,000 under the Variable/Fixed Rate("VFR")Note No.B-14-MC-06-0050 guaranteed pursuant to Section 108 of the Housing
<br /> and Community Development Act of 1974,as amended to reimburse Axis Community Health,Inc for construction costs of their
<br /> new health clinic. 2015 HUD Section 108 Loan was converted to 20194 HUD Section 108 Loan on March 28,2019 with a step up(fixed)
<br /> interest rate financing.The amount reported represents the City of Pleasanton only portion of debt services.
<br /> 67 City of Pleasanton Operating Budget • FY 2019/20 - FY 2020/21
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