Page 18 - Moreno Valley Citizen's Guide to the Budget

Annual Financial/Operating
Continuing disclosure audiT
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 addItIonal
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 2022 Data Audited Financial/
Due
DESCRIPTION DATE Financial Operating iNFO
STATEMENTS
DATA
REFUNDING LEASE REVENUE BOND SERIES 2014 3/31/23
Issue Amount: $25,325,000
Issue Date: 11/20/2014

SUBORDINATE TAX ALLOCATION 3/31/23
REFUNDING SERIES 2017
Issue Amount: $38,045,000
Issue Date: 09/13/2017

LEASE REVENUE BONDS, SERIES 2019 3/31/23
Issue Amount: $15,830,000
Issue Date: 04/11/2019
TOTAL ROAD IMPROVEMENT PROG SERIES 2020 3/31/23
Issue Amount: $20,970,000
Issue Date: 10/08/2020
STREETLIGHT FINANCING 3/31/23
Issue Amount: $7,402,587
Issue Date: 8/10/2021

LEASE REVENUE REFUNDING BONDS 2021 3/31/23
Issue Amount: $30,985,000
Issue Date: 10/12/2021

SPECIAL TAX REFUNDING SERIES 2007 3/31/23
COMMUNITY FACILITIES DIST 87-1 IMPR AREA 1
Issue Amount: $4,075,000
Issue Date: 11/29/2007

SPECIAL TAX SERIES 2016 3/31/23
COMMUNITY FACILITIES DISTRICT 7 IMPR AREA 1
Issue Amount: $3,265,000
Issue Date: 09/15/2016

SPECIAL TAX REFUNDING BONDS SERIES 2021 3/31/23
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