HomeMy WebLinkAboutG-2 Staff Report - OB 22-23 ROPS AzusaOversight Board Staff Report
ROPS 16-17-July 1, 2016 to June 30, 2017
January 27, 2016
Page 1
SUCCESSOR AGENCY CONSENT ITEM
G-2
TO: HONORABLE CHAIRPERSON AND MEMBERS OF THE SUCCESSOR
AGENCY BOARD
VIA: SERGIO GONZALEZ, CITY MANAGER
FROM: TALIKA M. JOHNSON, DIRECTOR OF
ADMINISTRATIVE SERVICES
DATE: JANUARY 18, 2022
SUBJECT: APPROVAL OF RECOGNIZED OBLIGATION PAYMENT SCHEDULE
AND ADMINISTRATIVE BUDGET FOR JULY 1, 2022 THROUGH
JUNE 30, 2023 AND ADOPTION OF RESOLUTION
SUMMARY:
Pursuant to Health and Safety Code Section 34177, the Successor Agency of the former
Redevelopment Agency of the City of Azusa (“Agency”) is required to continue to make
payments due for enforceable obligations of the former Redevelopment Agency. The Agency
is to prepare a “Recognized Obligation Payment Schedule” (“ROPS”) for the period of July 1,
2022 through June 30, 2023 (“ROPS 22-23”) that identifies these obligations for the period. In
addition, the Agency is required to prepare a proposed administrative budget and submit to the
Oversight Board (“Board”) for approval. This action requests the approvals of Resolution No.
2022-OB01, approving and adopting ROPS 22-23 and Resolution No. 2022-OB02, approving
and adopting the proposed administrative budget for the period of July 1, 2022 through June
30, 2023.
RECOMMENDATIONS:
Staff recommends the Successor Agency Board of the Former Redevelopment Agency take
the following actions:
1) Adopt the attached Resolution No. 2022-R02, approving and adopting the
“Recognized Obligation Payment Schedule” for the period of July 1, 2022
through June 30, 2023 (ROPS 22-23) pursuant to AB x1 26 as amended by AB
1484; and
2) Adopt the attached Resolution No. 2022-R03, approving and adopting the
proposed Administrative Budget for July 1, 2022 through June 30, 2023.
APPROVED
CITY COUNCIL
1/18/2022
DISCUSSION:
The Agency is required to adopt a ROPS setting forth the nature and amount of all
existing Agency recognized obligations (as defined in the law). Each ROPS previously
reflected a six-month interval of obligations. However, the new procedure requires the
Successor Agencies to prepare a ROPS for a 12-month interval, for the full fiscal year. The
obligations of the Agency may include the following: bonds; loans legally required to be
repaid pursuant to a payment schedule with mandatory repayment terms; payments
required by the federal government, preexisting obligations to the state or obligations
imposed by state law; judgments, settlements or binding arbitration decisions that bind the
agency; legally binding and enforceable agreements or contracts; and contracts or
agreements necessary for the continued administration or operation of the agency,
including agreements to purchase or rent office space, equipment and supplies.
The following is a summary of the enforceable obligations listed in ROPS 20-21:
1. Bond Debt Service
• 2014 Series A Subordinate Tax Allocation Refunding Bond
• 2015 Series A Subordinate Tax Allocation Refunding Bond
• 2015 Series A Subordinate Tax Allocation Refunding Bond
• 2017 Series A Subordinate Tax Allocation Refunding Bond
• 2017 Series B Subordinate Tax Allocation Refunding Bond
2. Administrative Cost Allowance
These include costs for staff, audit services, maintenance of properties and legal
counsel that are required in the dissolution of the Agency to comply with AB x1 26
as amended by AB1484. The amount of the annual administrative cost allowance is
capped at three percent of the total amount allocated to the Redevelopment
Obligation Retirement Fund or $250,000, whichever is greater.
3. Housing Administrative Cost Allowance
California Health and Safety Code 34171(p) allows from July 1, 2014 to July 1, 2018
inclusive, “housing entity administrative cost allowance” up to 1 percent of the property tax
allocated to the Redevelopment Obligation Retirement Fund on behalf of the successor
agency for each applicable year, but not less than one hundred fifty thousand ($150,000)
per fiscal year. Los Angeles County Development Authority has confirmed three of
the five years annual installments. The amounts owed are for the July 1, 2017 and
2018 fiscal years for a total of $300,000.
Upon the approval of ROPS 22-23 by the Board, it is submitted to the DOF, State Controller’s
Office and the County of Los Angeles Auditor-Controller by February 1, 2022. It will also
be posted on the City website. The DOF must complete its review of ROPS 22-23 by April
15, 2022 and issue a Determination Letter. If the Agency disagrees with DOF’s
determination, the Agency can request a Meet and Confer session with DOF, within five days
of receipt of the letter, to allow for a two-way dialogue between the Agency and the DOF.
At the conclusion of the Meet and Confer meeting, the DOF will issue a final Determination
Letter by May 15, 2022. This is a statutory deadline as the tax increment must be distributed
to the Agency by June 1, 2022 to fund the ROPS 22-23 obligations.
The attached Resolution No. 2021-OB01, approves and adopts ROPS 2 2 -23, setting forth
the recognized obligations of the Agency and the amount of payments to be made for
each obligation from July 1, 2022 through June 30, 2023. It also authorizes staff to amend
the ROPS in order to remove line items which are subsequently disapproved by the Board
and/or DOF.
Resolution No. 2021-OB02 approves and adopts the proposed administrative budget
reflecting the estimated costs to perform the administrative functions for the purpose
of winding down the former Redevelopment Agency’s affairs. The Successor Agency
is entitled to receive a maximum amount of $250,000 annually.
FISCAL IMPACT:
The resources to fund the obligations of ROPS 22-23 will come from the Redevelopment
Property Tax Trust Fund (“RPTTF”). Approval of ROPS 2 2 -23 will facilitate the ability
of the Agency to continue payment of the enforceable obligations of the former
Redevelopment Agency for the next fiscal year. Failure to approve and submit the ROPS
2 2 -23 to the DOF by the February 1, 2022 deadline, as required by AB1484, may result in
penalties of $10,000 per day to the Successor Agency.
Prepared by: Reviewed and Approved by:
Henry Quintero Talika M. Johnson
Senior Accountant Director of Administrative
Services
Reviewed and Approved by:
Sergio Gonzalez
City Manager
Attachments:
1) Resolution No. 2022-R02 – Successor Agency of the former Redevelopment
Agency of the City of Azusa Adopting a Recognized Obligation Payment
Schedule-July 1, 2022 to June 30, 2023 (ROPS 22-23)
Exhibit A – ROPS 22-23, July 1, 2022 to June 30, 2023
2) Resolution No. 2022-R03 – Successor Agency of the former Redevelopment
Agency of the City of Azusa Adopting an Administrative Budget -July 1, 2022 to
June 30, 2023
Exhibit B – Proposed Administrative Budget, July 1, 2022 to June 30, 2023
RESOLUTION NO. 2022-R02
A RESOLUTION OF THE SUCCESSOR AGENCY OF THE FORMER
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING
AND ADOPTING THE RECOGNIZED OBLIGATION PAYMENT
SCHEDULE FOR THE PERIOD OF JULY 1, 2022 THROUGH JUNE 30,
2023 PURSUANT TO AB x1 26 AS AMENDED BY AB 1484
WHEREAS, Health and Safety Code Section 34169(h), enacted by AB x1 26, requires
successor agencies to prepare a Recognized Obligation Payment Schedule (“ROPS”) annually.
WHEREAS, because the Successor Agency of the former Redevelopment Agency of the
City of Azusa (“Board”) previously adopted a ROPS, Resolution No. 2021-R02, dated January
21, 2021, is operative only through June 30, 2022, so that the Successor Agency of the former
Redevelopment (“Agency”) may continue to meet the Agency’s recognized obligations, and
NOW, THEREFORE, BE IT RESOLVED, determined and ordered by the Successor
Agency of the Former Redevelopment Agency of the City of Azusa as follows:
Section 1. The Recitals set forth above are true and correct and incorporated
herein by reference.
Section 2. The Agency staff is hereby authorized to administratively amend
the ROPS in order to remove line items which are subsequently
disapproved by the Board, the California State Department of
Finance (“DOF”) and the County of Los Angeles Auditor-
Controller and to format the ROPS to conform with DOF
requirements and to take all necessary and appropriate actions to
prepare and submit the ROPS, provided, however, that neither such
authorization nor such removal shall be deemed to be, nor are they
intended as, an acknowledgement of the validity of AB x1 26 and
AB 1484 or such action by the Board and/or the DOF. The Agency
reserves all rights of the Agency to challenge the validity and/or
application of any or all provisions of AB x1 26 and AB 1484 in
any administrative or judicial proceeding, without prejudice to the
Agency’s right to list any such removed item on this or a future
ROPS. The Agency reserves the right to pursue any and all appeals
and any available legal or equitable remedy provided or available
by law to obtain the correction of any erroneous decision regarding
the ROPS.
Section 3. The Agency staff is authorized to include on the ROPS any items
which were approved on previous ROPS but not fully expended.
Section 4. The Board hereby approves and adopts ROPS 22-23, in
substantially the form attached to this Resolution as Exhibit A, so
that the Agency may continue to meet its recognized obligations, all
as required by Health and Safety Code section 34177, during the
time period from July 1, 2022 through June 30, 2023. The Agency
reserves the right to further amend the ROPS in the future in order
to provide an accurate schedule.
Section 5. The Board hereby directs that copies of this Resolution be submitted
to the California State Department of Finance, the California State
Controller’s Office and the Los Angeles County Auditor-
Controller and to be posted on the Agency’s website.
Section 6. Pursuant to Health and Safety Code Section 34179(h), all actions taken
by the Oversight Board, may be reviewed by the California
Department of Finance, and therefore, this Resolution shall not be
effective for five
(5) business days, pending a request for review by the
California Department of Finance.
APPROVED AND ADOPTED THIS 18th day of January, 2022.
Robert Gonzales, Chairperson
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
ATTEST:
Jeffrey Lawrence Cornejo, Jr., Secretary
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
I HEREBY CERTIFY that the foregoing Resolution No. 2022-R02 was duly adopted
by the Board Members of the Successor Agency of the Former Redevelopment Agency of
the City of Azusa at a regular meeting thereof on the 18th day of January, 2022, by the following
vote of Board Members:
AYES: BOARD MEMBERS:
NOES: BOARD MEMBERS:
ABSENT: BOARD MEMBERS:
Jeffrey Lawrence Cornejo, Jr., Secretary
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
EXHIBIT A
RECOGNIZED OBLIGATION PAYMENT SCHEDULE 22-23
July 1, 2022 through June 30, 2023
Recognized Obligation Payment Schedule (ROPS 22-23) - Summary
Filed for the July 1, 2022 through June 30, 2023 Period
Successor Agency: Azusa
County: Los Angeles
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
22-23A Total
(July -
December)
22-23B Total
(January -
June)
ROPS 22-23
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 138,796 $ - $ 138,796
B Bond Proceeds - - -
C Reserve Balance - - -
D Other Funds 138,796 - 138,796
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 3,182,932 $ 925,187 $ 4,108,119
F RPTTF 3,057,932 800,187 3,858,119
G Administrative RPTTF 125,000 125,000 250,000
H Current Period Enforceable Obligations (A+E) $ 3,321,728 $ 925,187 $ 4,246,915
Certification of Oversight Board Chairman:
Name Title
Pursuant to Section 34177 (o) 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 successor agency. /s/
Signature Date
Azusa
Recognized Obligation Payment Schedule (ROPS 22-23) - ROPS Detail
July 1, 2022 through June 30, 2023
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
22-23
Total
ROPS 22-23A (Jul - Dec)
22-23A
Total
ROPS 22-23B (Jan - Jun)
22-23B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
$37,700,299 $4,246,915 $- $- $138,796 $3,057,932 $125,000 $3,321,728 $- $- $- $800,187 $125,000 $925,187
4 Light Fund
Advance
Third-
Party
Loans
04/01/
1997
06/27/2033 Light
and
Water
Advance/577-645
Foothill/Krems Site
MCBD&WE - N $- - - - - - $- - - - - - $-
5 Light Fund
Advance
Third-
Party
Loans
04/21/
1997
10/01/2033 Light
and
Water
City
Adv./Autodealership
MCBD&WE - N $- - - - - - $- - - - - - $-
6 Water Fund
Advance
Third-
Party
Loans
11/07/
2005
06/30/2025 Light
and
Water
City Adv./619-621
N. Azusa (Talley
Bldg)
MCBD&WE - N $- - - - - - $- - - - - - $-
19 SERAF FY
2010-11 Loan
City/
County
Loan
(Prior 06/
28/11),
Other
05/02/
2011
06/30/2030 Light
and
Water
FY 2010-11 SERAF
Payment to State
MCBD&WE - N $- - - - - - $- - - - - - $-
21 Harlan Lee
Proj.(formerly
Coastfed/
Casden)
Third-
Party
Loans
07/01/
1991
06/30/2016 Light
and
Water
Low-Mod Income
Housing advance
MCBD&WE - N $- - - - - - $- - - - - - $-
22 Administrative
Allocation
Admin
Costs
07/01/
2012
06/30/2017 City of
Azusa
Successor Agency
Administrative
Allocation
MCBD &
WE
250,000 N $250,000 - - - - 125,000 $125,000 - - - - 125,000 $125,000
24 City L&W
Enterprise
Loan
Third-
Party
Loans
06/30/
1989
06/30/2014 Light
and
Water
25 - Year Secured
Note - Revolving
Ranch
Center
- N $- - - - - - $- - - - - - $-
25 City Loan/
Debt
Obligation
(Bond)
City/
County
Loan
(Prior 06/
28/11),
Other
07/01/
1991
06/30/2039 City of
Azusa
1990 APFA Bond
City Lease Loan
Drawdown
Ranch
Center
- N $- - - - - - $- - - - - - $-
26 City L&W
Enterprise
Loan
Third-
Party
Loans
08/07/
1989
06/30/2039 Light
and
Water
Advance/
Rehabilitation
Improvements
Ranch
Center
- N $- - - - - - $- - - - - - $-
27 SERAF FY
2010-11 Loan
SERAF/
ERAF
05/02/
2011
06/30/2030 Light
and
Water
FY 2010-11 SERAF
Payment to State
Ranch
Center
- N $- - - - - - $- - - - - - $-
35 Administrative
Allocation
Housing
Entity
07/01/
2014
06/30/2030 LA
County
Low-Mod Income
Housing
300,000 N $300,000 - - - 150,000 - $150,000 - - - 150,000 - $150,000
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
22-23
Total
ROPS 22-23A (Jul - Dec)
22-23A
Total
ROPS 22-23B (Jan - Jun)
22-23B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Admin
Cost
Administrative
Allocation
36 1990 Ranch
Center/
Central
Business
District Loan
City/
County
Loan
(Prior 06/
28/11),
Other
09/11/
2014
06/30/2030 City of
Azusa
Public Improvement MCBD&WE - N $- - - - - - $- - - - - - $-
37 1989 West
End Project
Loan
City/
County
Loan
(Prior 06/
28/11),
Other
09/11/
2014
06/30/2030 City of
Azusa
Public Improvement
related to Price
Club Project
West End - N $- - - - - - $- - - - - - $-
39 Tax Allocation
Bonds
Bonds
Issued
After 12/
31/10
10/14/
2014
08/01/2034 Bond
Holders
2014 Subordinate
Tax Allocation
Refunding Bonds
MCBD &
WE
5,135,000 N $1,094,769 - - - 1,011,197 - $1,011,197 - - - 83,572 - $83,572
40 Tax Allocation
Bonds
Bonds
Issued
After 12/
31/10
09/23/
2015
08/01/2036 Bond
Holders
2015A Subordinate
Tax Allocation
Refunding Bonds
MCBD &
WE
14,315,000 N $504,212 - - - 252,106 - $252,106 - - - 252,106 - $252,106
41 Tax Allocation
Bonds
Bonds
Issued
After 12/
31/10
09/23/
2015
08/01/2036 Bond
Holders
2015B Subordinate
Tax Allocation
Refunding Bonds
MCBD &
WE
14,055,000 N $924,000 - - - 642,384 - $642,384 - - - 281,616 - $281,616
42 City
Enterprise
Loan
City/
County
Loan
(Prior 06/
28/11),
Cash
exchange
06/25/
2015
08/01/2036 City of
Azusa
Enterprise Loan MCBD &
WE
138,796 N $138,796 - - 138,796 - - $138,796 - - - - - $-
44 Tax Allocation
Bonds
Bonds
Issued
After 12/
31/10
11/02/
2017
08/01/2022 Bond
Holders
2017 Series A
Refunding bonds
MCBD &
WE
746,503 N $746,503 - - - 746,503 - $746,503 - - - - - $-
45 Tax Allocation
Bonds
Bonds
Issued
After 12/
31/10
11/02/
2017
08/01/1932 Bond
Holders
2017 Series B
Refunding bonds
MCBD &
WE
2,760,000 N $288,635 - - - 255,742 - $255,742 - - - 32,893 - $32,893
Azusa
Recognized Obligation Payment Schedule (ROPS 22-23) - Report of Cash Balances
July 1, 2019 through June 30, 2020
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177 (l), Redevelopment Property Tax Trust Fund (RPTTF) may be listed as a source of payment on the ROPS, but only to the extent no other
funding source is available or when payment from property tax revenues is required by an enforceable obligation.
A B C D E F G H
ROPS 19-20 Cash Balances
(07/01/19 - 06/30/20)
Fund Sources
Comments
Bond Proceeds Reserve Balance Other Funds RPTTF
Bonds issued
on or before
12/31/10
Bonds issued
on or after
01/01/11
Prior ROPS
RPTTF and
Reserve
Balances retained
for future
period(s)
Rent, grants,
interest, etc.
Non-Admin
and Admin
1 Beginning Available Cash Balance (Actual 07/01/19)
RPTTF amount should exclude "A" period distribution
amount.
- 4,787 414,042 528,353 296,014
2 Revenue/Income (Actual 06/30/20)
RPTTF amount should tie to the ROPS 19-20 total
distribution from the County Auditor-Controller
- 3,574,652 182,456 79,398 4,329,224
3 Expenditures for ROPS 19-20 Enforceable Obligations
(Actual 06/30/20)
- 3,574,875 - 4,310,421
4 Retention of Available Cash Balance (Actual 06/30/20)
RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
- 596,498 Funds held on behalf of Lo-Mod Housing
Transactions
5 ROPS 19-20 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 19-20 PPA
form submitted to the CAC
No entry required
6 Ending Actual Available Cash Balance (06/30/20)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $4,564 $- $607,751 $314,817
Azusa
Recognized Obligation Payment Schedule (ROPS 22-23) - Notes
July 1, 2022 through June 30, 2023
Item # Notes/Comments
4
5
6
19
21
22
24
25
26
27
35
36
37
39
40
41
42
44
45
RESOLUTION NO. 2022-R03
A RESOLUTION OF THE SUCCESSOR AGENCY OF THE FORMER
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING
AND ADOPTING THE ADMINISTRATIVE BUDGET FOR THE PERIOD
OF JULY 1, 2022 THROUGH JUNE 30, 2023 PURSUANT TO AB x1 26
AS AMENDED BY AB 1484
WHEREAS, Health and Safety Code Section 34177(J), enacted by AB x1 26, requires a
successor agency to a former redevelopment agency to prepare administrative budgets to the
Oversight Board for approval.
WHEREAS, the Successor Agency of the Former Redevelopment Agency of the City of
Azusa (“Agency”) has submitted to the Oversight Board of the Agency (“Board”) an annual
proposed administrative budget (“Budget”) that commences on July 1, 2022 through June 30,
2023. Attached hereto as Exhibit B, and
NOW, THEREFORE, BE IT RESOLVED, determined and ordered by the Successor
Agency Board of the Former Redevelopment Agency of the City of Azusa as follows:
Section 1. The Recitals set forth above are true and correct and incorporated
herein by reference.
Section 2. The Board hereby approves the Budget, in substantially the form
attached to this Resolution as Exhibit B, so that the Agency may
continue to meet its recognized obligations, all as required by Health
and Safety Code section 34177, during the time period from July 1,
2022 through June 30, 2023. The Agency reserves the right to
further amend the Budget in the future in order to provide an
accurate schedule.
Section 3. The Agency staff is authorized and directed to enter into any
agreements and amendments to agreements necessary to
memorialize and implement the agreements and obligations in the
Budget herein approved by the Board.
Section 4. The Board hereby directs that copies of this Resolution be submitted
to the California State Department of Finance, the California State
Controller’s Office and the Los Angeles County Auditor-
Controller and to be posted on the Agency’s website.
Section 5. Pursuant to Health and Safety Code Section 34179(h), all actions taken
by the Board, may be reviewed by the California Department of
Finance, and therefore, this Resolution shall not be effective for five
(5) business days, pending a request for review by the California
Department of Finance.
APPROVED AND ADOPTED THIS 18th day of January, 2022.
Robert Gonzales, Chairperson
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
ATTEST:
Jeffrey Lawrence Cornejo, Jr., Secretary
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
I HEREBY CERTIFY that the foregoing Resolution No. 2021-R03 was duly adopted
by the Board Members of the Successor Agency of the Former Redevelopment Agency of the City
of Azusa at a regular meeting thereof on the 18th day of January, 2022, by the following vote of
Board Members:
AYES: BOARD MEMBERS:
NOES: BOARD MEMBERS:
ABSENT: BOARD MEMBERS:
Jeffrey Lawrence Cornejo, Jr., Secretary
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
EXHIBIT B
PROPOSED ADMINISTRATIVE BUDGET
July 1, 2022 through June 30, 2023
Administrative Allocation 250,000$
Administrative Costs
Vendors:Description Estimate
Best Best & Krieger Agency Legal Counsel $3,500
Arbitrage Compliance Specialists Arbitrage calculations 1,900
Urban Futures Continuing Disclosures 7,500
HdL Coren & cone Tax Increment Audit Services 8,500
Dukes Landscaping Weed abatement/treatment 2,100
Iron Mountain Storage 4,000
American Fence Company Fence rental 2,500
Badawi & Associates CPAs'Audit Services 8,000
Frontier Communication Comm. Service-Reader Board 2,200
Azusa Light & Water Reader Board-Electrical 5,000
Wilmington Trust Trustee Admin Fees 4,500 $49,700
Personnel:
Position Annual Cost Admin %Estimate
City Manager $331,898 7.00%$23,233
Deputy City Manager 244,042 10.00%24,404
Dir. Of Econ & Comm Dev.244,043 15.00%36,606
Dir. Of Admin. Services 267,537 7.00%18,728
Senior Accountant 143,435 15.00%21,515
Chief Deputy City Clerk 175,944 5.00%8,797
Senior A/P Specialist 117,152 10.00%11,715
Finance Manager 166,798 15.00%25,020
Budget Adminisrator 135,274 10.00%13,527
Purchasing Agent 120,629 10.00%12,063
Junior Accountant 82,315 5.00%4,116
Senior Payroll Specialist 88,029 5.00%4,401 204,126 253,826
Excess (Deficit) - Administrative Allocation (3,826)$
Successor Agency of the Former Redeveolpment Agency of the City of Azusa
PROPOSED ADMINISTRATIVE BUDGET
July 1, 2022 to June 30, 2023