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R90-23 AUTHORIZING APPLICATION - PUBLIC OFFICIALS' LIABILITY INSURANCE
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R90-23 AUTHORIZING APPLICATION - PUBLIC OFFICIALS' LIABILITY INSURANCE
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8/5/2016 8:58:47 AM
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8/5/2016 8:58:46 AM
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Resolution/Ordinance
Res Ord Num
R90-23
Res Ord Title
AUTHORIZING APPLICATION - PUBLIC OFFICIALS' LIABILITY INSURANCE
Approved Date
2/19/1990
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� F.� If the Public Entity proposed for this insurance has any subsidiary boards, commissions, authorities or other units operatir,g under <br /> • . ,�ts�uridiction and within an apportionment of its total operating budget, please include on a separate page a lisf oI 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 o/each board,commission,authoriry or oiher unit herewith listed. <br /> 7. Fiscal Year ends on April 30 <br /> Acfual lncome Prior 5 Frscal Years Actua/Expendrtures Prior 5 Fiscal Years <br /> �g 85 � 25,396,648 $ 21,569,730 <br /> �g 86 $ 25,998,107 $ 21,649,452 <br /> 19 8i $ 27,073,164 � 23,298,850 <br /> is 88 $ 28,439,766 $ 26,047,655 <br /> 19 89 � 27,749,333 . $ 26,218,825 <br /> Ptease 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 /> $ 30,444,932 � —0— <br /> 9. Estimated Budget Following Fiscal Year Estimated Surplus or (Deficit) <br /> �a� � 32,000,000 $ —0— <br /> (b) Does the Public Entity an?icipate any special projects which will resutt in a substantial budget increase in the next 3 years? <br /> no <br /> 10. (a) Total amount of outstanding Bonds $ 60,175,000 <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 /> (it yes,attach a statement ot tletads) <br /> (d) Please include a copy of the Bond Offering Statement or Prospectus for all outstanding Bonds. Attached <br /> Page 2 <br />
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