Page 19 - Moreno Valley City Manager's Report for 2021
P. 19

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
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