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Financing Corporation ACTION ITEM # 6 July 21, 2021 Annual ReportsFinancing CorporationAnnual Reports
•BACKGROUND / HISTORYBACKGROUND / HISTORY Financing Corporation Annual ReportsFinancing Corporation Annual Reports Report and Audited Financial StatementsThe Financing Corporation Board
reviews and approves the Annual •on behalf of the DistrictLegal entity created to issue and administer Certificates of Participation •Truckee Donner Public Utility District Financing
Corporation
•NEW INFORMATIONNEW INFORMATION Financing Corporation Annual ReportsFinancing Corporation Annual Reports Primary Government•Comprehensive Annual Financial Report–Consolidated •TDPUD
Audited Financial Statements•refunded Series 2015 Certificate of Participation (2015 COP)Newly Water Utility•requirements for bonds held by the DistrictAnnual Disclosure Report satisfies
annual continuing disclosure 2020
•NEW INFORMATIONNEW INFORMATION Financing Corporation Annual ReportsFinancing Corporation Annual Reports(1.25 required)2.72 debt service coverage was 2020 •years of historical debt coverage
calculations5 •Forest HospitalTahoe and Truckee Donner Recreation and Park District, TTUSD Tahoe Donner Association, Golf courses, mobile home parks, •of total usage)24% 10 largest
customers (usage is •million13.5 $2020: •years of historical revenues20 •customers13,253 billion gallons and 2020: 1.5 •years of historical production and customers20 •Annual report
for the 2015 COP
•FISCAL IMPACTFISCAL IMPACT Financing Corporation Annual ReportsFinancing Corporation Annual Reports There is no direct fiscal impact associated with this item
•RECOMMENDATIONRECOMMENDATION Financing Corporation Annual ReportsFinancing Corporation Annual Reports disclosure requirements.statements for the 2015 Certificate of Participation continuing
Accept the 2020 annual disclosure report and 2020 audited financial