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COUNTY OF ALAMEDA COUNTYWIDE OVERSIGHT BOARD RESOLUTION NUMBER NO. OB20______ A RESOLUTION OF THE COUNTY OF ALAMEDA COUNTYWIDE OVERSIGHT BOARD APPROVING A LAST AND FINAL RECOGNIZED OBLIGATION PAYMENT
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ROPS 20-21 for cities refers to the Recognized Obligation Payment Schedule for the fiscal year 2020-2021, which outlines the payments that a city must make for enforceable obligations related to former redevelopment agency activities.
Cities that have been designated as successor agencies to former redevelopment agencies are required to file the ROPS 20-21.
To fill out ROPS 20-21, cities must accurately document each obligation along with payment amounts, funding sources, and any applicable dates. It is important to refer to guidelines provided by the state Department of Finance.
The purpose of ROPS 20-21 is to ensure transparency and accountability in the use of funds from property taxes allocated to pay for obligations related to former redevelopment activities.
The information that must be reported on ROPS 20-21 includes the description of obligations, payment amounts, funding sources, project numbers, and timeframes for payment.
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