Resolution Number SJCOB 12-06-20-01Expenditure Category Description Total RPTTF (4) Rents
Salaries and benefits (1)
Successor Agency share of City employee's salaries and
benefits $104,000 $95,000 $9,000
Legal services (2) Contract for legal services 30,000 30,000
Other (3)
Successor Agency share of utilities, supplies, and bond
administration costs associated with outstanding debt of
the former redevelopment agency 6,000 6,000
Total Administrative Expenses $140,000 $125,000 $15,000
SUCCESSOR AGENCY ADMINISTRATIVE BUDGET
July 1, 2012 to December 31, 2012
Funding Source
(4) For Fiscal Year 2012-2013, the City, as the Successor Agency, is entitled to receive up to 3% of the portion
of its Redevelopment Property Tax Trust Fund (RPTTF), but not less than $250,000, to meet the administrative
expenses of serving as the Successor Agency.
(1) Administrative costs for salaries and benefits and overhead costs are identified on Page 4, Line 3 of the
Successor Agency's Recognized Obligation Payment Schedule (ROPS).
(2) Legal services are identified on Page 4, Line 4 of the Successor Agency's ROPS.
(3) Other administrative costs are identified on Page 4, Line 19 of the Successor Agency's ROPS.
EXHIBIT A