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Action Item # 4 July 15, 2015 Annual ReportsFinancing Corporation
Financing Corporation 2 annual reportsThe Financing Corporation Board reviews and approves the •Participation on behalf of the DistrictLegal entity created to issue and administer Certificates
of •Truckee Donner Public Utility District Financing Corporation•Background / History Annual Reports
Financing Corporation 3 TDPUD Audited Financial Statement•2006 Certificate of Participation (Water Utility)•2014 annual reports •New Information Annual Reports
New Information Annual ReportsFinancing Corporation 4 In 2014 debt service coverage was 1.55 (1.25 required)–5 years of historical debt service coverage calculations–Golf courses, mobile
home parks, TDA, TDRPD and TTUSD–10 largest customers (usage is 23% of sales)–In 2014: $10.1 million–14 years of historical revenues–In 2014: 1.7 billion gallons and 12,614 customers–14
years of historical production and customers–Report for the 2006 Certificates of Participation•
Fiscal Impact Financing Corporation 5 There is no direct fiscal impact associated with this item•
Recommendation Annual ReportsFinancing Corporation 6 Accept the 2014 annual reports and financial statement•