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FY 2021/22 - FY 2022/23 OPERATING BUDGET
<br /> PROJECTED DEBT RATIOS & PAYMENTS THROUGH 2023
<br /> Actual Adjusted Projected Projected Final Payment
<br /> FY 2019/20 FY 2020/21 FY 2021/22 FY 2022/23 Year
<br /> WATER FUND REVENUE $30,104,918 $31,747,241 $33,739,541 $35,624,541
<br /> DEBT SERVICE:
<br /> (Collateralized by Water Fund
<br /> Revenues)
<br /> 2017 PJPFA Water Revenue Bonds 977,390 978,900 979,980 980,630 2/2025
<br /> 2016 Recycled Water Project Loan= 398,129 398,129 434,895 434,895 9/2047
<br /> Subtotal $1,375,519 $1,377,029 $1,414,875 $1,415,525
<br /> DEBT RATIO 4.57% 4.34% 4.19% 3.97%
<br /> Expenditures
<br /> OTHER DEBT:
<br /> Golf Course Equipment Lease3 90,631 79,200 26,413 26,413 2/2024
<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 Loan5 24,776 22,012 25,211 24,749 8/2034
<br /> Subtotal $306,035 $291,840 $242,252 $241,790
<br /> TOTAL DEBT SERVICE $1,681,554 $1,668,869 $1,657,127 $1,657,315
<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 /> State of California,Water Resource Control Board(CWRCB)Loan to support the construction of Recycled Water Project Phase IA
<br /> system that provides recycled water to the Ken Mercer Sports Park.
<br /> 3 US Bank five-year,US Bancorp five-year,&Yamaha Motor Finance four-year golf course equipment lease.
<br /> "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("VER")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 /> 69 City of Pleasanton Operating Budget • FY 2021/22 - FY 2022/23
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