Attachment 1SUCCESSOR AGENCY ADMINISTRATIVE BUDGET
January 1, 2013 -June 30, 2013
Administrative
1
Materials and Supplies
$
500
Allowance
SUBTOTAL
500
-
Administrative
2
Training & Meeting Expenses
$
1,000
Allowance
SUBTOTAL
Administrative
3
Financial, Contractual, Consultant, and Other Operational Support
Allowance
- Financial and Auditing Services
$
27,000
- Direct Salary & Benefits (.20 FTE- Accountant)
$
13,000
- Support & Management (Finance)
$
50,000
- Support & Management (Non- Finance)
$
37,000
0 00
-
Administrative
4
Internal Services Fund Charges
Allowance
IT Support Building Maintenance, Equipment
$
2,000
SUBTOTAL
2,000
Administrative
5
Property Maintenance
$
6,500
Allowance
SUBTOTAL
6,.500 `
drainiS
-:
GBANDTOTAh
.. °.$'!
137,000
glowance/vR
A
n -
aximum�SYate Adrgip Allotvanee'$`_I.
.
125,000
-.
Admin Expense Beyond State Allowance $
12,000
General Fund
ATTACHMENT 1
Successor Agency Contact Information
Name of Successor Agency: Town of Los Gatos
County: Santa Clara
Primary Contact Name:
Primary Contact Title:
Address
Contact Phone Number:
Contact E -Mail Address:
Secondary Contact Name:
Secondary Contact Title:
Secondary Contact Phone Number:
Secondary Contact E -Mail Address:
Steohen Conwa
Director of Finance /Admin Services
110 E. Main Street, Los Gatos
408 - 354 -6828
sco nwavCaM osgatosca. aov
Erwin Ordonez
Senior Planner
408 - 354 -6806
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SUMMARY OF RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Filed for the January 1, 2013 to June 30, 2013 Period
Name of Successor Agency: Town of Los Gatos
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m) of the Health and Safety code,
I hereby certify that the above is a true and accurate Recognized
Obligation Payment Schedule for the above named agency.
Signature
Title
Total Outstanding
Debt or Obligation
Outstanding Debt or Obligation
$
34,609,740'
Current Period Outstanding Debt or Obligation
Six -Month Total
A
B
C
D
Available Revenues Other Than Anticipated RPTTF Funding
Enforceable Obligations Funded with RPTTF
Administrative Allowance Funded with RPTTF
Total RPTTF Funded B + C = D
113,089
1,629,678
125,000
1,754,678
E
F
Total Current Period Outstanding Debt or Obligation (A + B + C = E) Should be same amount as RODS form six -month total
Enter Total Six -Month Anticipated RPTTF Funding (obtain from county auditor - controller)
Variance (E - D = F) Maximum RPTTF Allowable should not exceed Total Anticipated RPTTF Funding
$
9,867,767'.
4,653,000
$
2;898,322
Prior Period (January 1, 2012 through June 30, 2012) Estimated vs. Actual Payments (as required in HSC section 34186 (a))
G
H
I
J
Enter Estimated Obligations Funded by RPTTF (Should be the lesser of Finance's approved RPTTF amount including admin allowance or the actual amount distributed)
Enter Actual Obligations Paid with RPTTF
Enter Actual Administrative Expenses Paid with RPTTF
Adjustment to Redevelopment Obligation Retirement Fund G - H + I = J
2,299,133
2,174,133
$
125,000
K
Adjusted RPTTF (The total RPTTF requested shall be adjusted if actual obligations paid with RPTTF are less than the estimated obligation amount.)
$
1,754,678
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m) of the Health and Safety code,
I hereby certify that the above is a true and accurate Recognized
Obligation Payment Schedule for the above named agency.
Signature
Title