Page 18 - Moreno Valley City 2022 Bonded Debt Summary

continuingDISCLOSURE ADDITIONAL

A U DIT I N FO

annual financial/operating
REPORT FILING REVIEW

As mentioned in earlier sections, the City has contracted with a third-party to perform annual audits of
the continuing disclosure requirements for the City. This audit reviews each bond financing listed on
EMMA and compares the requirements to what was actually filed. The tables below show the latest
results of that audit process. The audit found that all disclosures were filed on time and included all
of the data elements that were required. The following table shows the findings related to the filing of
the Audited Financial Statements and the Annual Financial and Operating Report.

issue FY 2021 Data audited financial/
due
DESCRIPTION DATE financial operating Additional information on the City’s debt management program can be found on the
STATEMENTS
DATA
LEASE REVENUE REFUNDING SERIES 2014 3/31/22
Issue Amount: $25,325,000 City website on the Investor Relations tab (www.moval.org). Additional information
Issue Date: 11/06/2014

SUBORDINATE TAX ALLOCATION 3/31/22 on publicly traded municipal debt, for the City and other municipal issuers can be
REFUNDING SERIES 2017
Issue Amount: $38,045,000
Issue Date: 08/23/2017
found on the Electronic Municipal Market Access (EMMA) website, which is maintained
LEASE REVENUE BONDS, SERIES 2019 3/31/22
Issue Amount: $15,830,000
Issue Date: 03/28/2019 by the Municipal Securities Rulemaking Board (MSRB) (https://emma.msrb.org).
TOTAL ROAD IMPROVEMENT PROG SERIES 2020 3/31/22
Issue Amount: $20,970,000
Issue Date: 10/08/2020
SPECIAL TAX REFUNDING SERIES 2007 3/31/22
TOWNGATE COMMUNITY FACILITIES DIST 87-1
Issue Amount: $10,665,000
Issue Date: 11/29/2007

SPECIAL TAX REFUNDING SERIES 2007 3/31/22
COMMUNITY FACILITIES DIST 87-1 IMPR AREA 1
Issue Amount: $4,075,000
Issue Date: 11/29/2007

SPECIAL TAX SERIES 2007 4/01/22
COMMUNITY FACILITIES DISTRICT 5
Issue Amount: $5,870,000
Issue Date: 05/31/2007

SPECIAL TAX SERIES 2016 3/31/22
COMMUNITY FACILITIES DISTRICT 7 IMPR AREA 1
Issue Amount: $3,265,000
Issue Date: 09/15/2016

Reports filed on time, with all required data and to correct CUSIP’s Reports not filed on time, or without required data or against wrong CUSIP’s
Data provided by DIVER by Lumesis