Resolution Number SJCPFA 06-06-20-01RESOLUTION NO. SJCPFA 06-06-20-01
' A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN JUAN
CAPISTRANO PUBLIC FINANCING AUTHORITY, ADOPTING THE FISCAL
YEAR 2006/2007 BUDGET AND AUTHORIZING EXPENSES AND
APPROPRIATIONS RELATED THERETO
WHEREAS, the Board of Directors of the San Juan Capistrano Public Financing
Authority held a public meeting to consider a proposed Budget beginning July 1, 2006 and
ending June 30, 2007; and,
WHEREAS, the proposed Fiscal Year 2006/2007 Budget reflects principal and
interest payments due on outstanding debt and other related costs deemed appropriate by
the Board of Directors; and,
WHEREAS, the Board of Directors intends to use the proposed Fiscal Year
2006/2007 Budget as a guide for allocating the Authorities resources; and,
WHEREAS, the Board of Directors recognizes that the proposed Fiscal Year
2006/2007 Budget may require adjustments from time to time, and accordingly, the
Executive Director is authorized to execute necessary transfers to carry out the scope of
service as approved.
' NOW, THEREFORE, BE IT RESOLVED, that the San Juan Capistrano Public
Financing Authority Board of Directors does hereby adopt the proposed Fiscal Year
2006/2007 Operating Budget (Exhibit A) as detailed in the attached schedule and as
summarized below:
Year Ending June 30 Authorized Expenses
2007
$2,111,645
PASSED, APPROVED, AND ADOPTED this 20th day of June 2006.
- Aa -0 I 2LIL-1,
S\�ERDLIN, CHAIRMAN
ATTEST:
' N1�R�ARET R. MONAHAN, SECRETARY
Page 1 of 1 6/20/2006
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, appointed Secretary of the San Juan Capistrano Public
Financing Authority, do hereby certify that the foregoing Resolution No. SJCPFA 06-
06-20-01 was duly adopted by the Board of Directors of the San Juan Capistrano Public
Financing Authority at a Regular meeting thereof, held the 20th day of June 2006, by the
following vote:
AYES: DIRECTORS
Swerdlin
NOES DIRECTORS
ABSENT: DIRECTORS
Hart, Bathgate, Soto, Allevato, and Chairman
None
141158a
A GARET R. MONAHAN, Secretary
Lease Revenue - City of SJC Water Enterprise:
Series 2002 Certificates of Participation
Series 2004 Certificates of Participation
Interest Income:
Series 2002 Certificates of Participation
Series 2004 Certificates of Participation
Bond Proceeds - Series 2004
Certificates of Participation, Series 2002:
Principal
Interest
Administration
Amortization of COI
Certificates of Participation, Series 2004:
Principal
Interest
Administration
' Bond Issuance
Amortization of COI
2002 BOND RESERVE
2004 BOND RESERVE
Series 2002 Bond Reserve
Series 2004 Bond Reserve
$ 668,229 $
642,737 $
630,237
-1.94%
696,098
1,150,661
1,353,776
17.65%
2,525
2,500
2,500
0.00%
36,810
37,392
37,392
0.00%
56,920
75,471
74,481
-1.31%
1,613,402
-
-
0.00%
$ 320,000 $
330,000 $
340,000
3.03-
.03348,229
348,229
347,629
325,129
-6.47
2,525
2,500
2,500
0.0c
10,774
10,774
10,774
0.0c
-
245,000
455,000
85.71
696,098
976,132
968,257
-0.81
-
5,000
5,000
0.0c
4,039
-
-
0.0c
-
4,985
4,985
0.0c
$ 18,489 $ - $
(1,509,422) 19,801
(679,854) (679,854) (679,854)
.509.4221 11.489.6211 11.489, 6211
06/20/2006 EXHIBIT A