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R91-15 AUTHORIZING APPLICATION - PUBLIC OFFICIALS' LIABILITY INSURANCE
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R91-15 AUTHORIZING APPLICATION - PUBLIC OFFICIALS' LIABILITY INSURANCE
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7/26/2016 1:26:51 PM
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Resolution/Ordinance
Res Ord Num
R91-15
Res Ord Title
AUTHORIZING APPLICATION - PUBLIC OFFICIALS' LIABILITY INSURANCE
Approved Date
2/18/1991
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, • . <br /> 6. If the Public Entity proposed for this insurance has any subsidiary boards, commissions, authorities or other units operating under <br /> its juridiction and within an apportionment of its total operating budget, please include on a sepa�ate page a list of all such boards <br /> or units and indicate whether any of such units presently carry their own Public Officials Liability Insurance. If no such units are in <br /> operation, so state: <br /> See attached list <br /> Figures shown in ltems 7,8 and 9 below are to include the budget of each board,commission,authority or other unit herewith listed. <br /> 7. Fiscal Year ends on April 30 <br /> Acival lncome Prior 5 Fiscal Years Actua/Expenditures Prior 5 Fisca/ Years <br /> 1986 $ 25,998,107 $ 21,649,452 <br /> 1987 $ 27,073,164 $ 23,298,850 <br /> 1988 $ 28,439,766 $ 26,047,655 <br /> 1989 g 27,749,333 $ 26,218,825 <br /> 1990 $ 30,812,962 $ 27,912,508 <br /> Please clarify on a separate page the circumstances surrounding any large or ongoing deficits, unexpended appropriations or <br /> surpluses reflected in the above figures. <br /> 8. Budget Current Fiscal Year Estimated Surplus or (Deficit) <br /> $ 32,263,899 $ —�— <br /> 9. Estimated Budget Following Fiscal Year Estimated Surplus or (Deficit) <br /> �a� $ 33,900,000 $ —0— <br /> (b) Does the Public Entity anticipate any special projects which will result in a substantial budget increase in the next 3 years? <br /> NO <br /> 10. (a) Total amount of outstanding Bonds $ 63,490,000 <br /> (b) Latest Moody's and/or Standard and Poor's Bond rating: A (for both) <br /> (c) Has the Public Entity been in default on principal or interest of any Bond? NO <br /> (if yes,attach a statert�ent ol eetads) <br /> (d) Please include a copy of the Bond Offering Statement or Prospectus for all outstanding Bonds. <br /> Revenue Bond Offering Statement - Attached <br /> General Obligation Bond Offering Statements - Unavailable <br />
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