Page 18 - Moreno Valley City Manager's Report for 2021

CONTINUING
disclosur e audit

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 the actual filing. The tables below show the latest
results of that audit process. The audit found that all disclosures were filed on time and included
all required data elements. The following table shows the findings related to the filing of the Audited
Financial Statements and the Annual Financial and Operating Report.

Issue FY 2023 Data Audited Financial/ ADDITIONAL
Due
DESCRIPTION DATE Financial Operating info
STATEMENTS
DATA
REFUNDING LEASE REVENUE BOND SERIES 2014 03/31/24
Issue Amount: $25,325,000
Issue Date: 11/20/2014
Additional information on the City’s debt management program can be found on the
SUBORDINATE TAX ALLOCATION 03/31/24
REFUNDING SERIES 2017
Issue Amount: $38,045,000 City website on the Investor Relations page (www.moval.org). Additional information
Issue Date: 09/13/2017
LEASE REVENUE BONDS, SERIES 2019 03/31/24
Issue Amount: $15,830,000 on publicly traded municipal debt, for the City and other municipal issuers can be
Issue Date: 04/11/2019

TOTAL ROAD IMPROVEMENT PROG SERIES 2020 03/31/24 found on the Electronic Municipal Market Access (EMMA) website, which is maintained
Issue Amount: $20,970,000
Issue Date: 10/08/2020
by the Municipal Securities Rulemaking Board (MSRB) (https://emma.msrb.org).
STREETLIGHT FINANCING 03/31/24
Issue Amount: $7,402,587
Issue Date: 8/10/2021

LEASE REVENUE REFUNDING BONDS 2021 03/31/24
Issue Amount: $30,985,000
Issue Date: 10/12/2021

SPECIAL TAX SERIES 2016 03/31/24
COMMUNITY FACILITIES DISTRICT 7 IMPR AREA 1
Issue Amount: $3,265,000
Issue Date: 09/15/2016

SPECIAL TAX REFUNDING BONDS SERIES 2021 03/31/24
COMMUNITY FACILITIES DISTRICT 5
Issue Amount: $4,795,000
Issue Date:12/21/2021

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