Page 247 - 2020-21 Budget Summary

Judgment Obligation Bonds Debt Service Fund

An annual sum is appropriated to this Fund to pay debt service on bonds sold to finance the liabilities from the adverse
decisions by the California courts against the city in the following settlements: (a) the Harper Settlement; (b) the May
Day Settlement (federal case only); and (c) various judgments or stipulated judgments relating to City misconduct in
connection with certain plaintiffs' City employment, inverse condemnation incidents, and personal injuries caused by city
employees or on city property with final payment to occur in 2019-20.

Actual Adopted Estimated Total
Expenditures Budget Expenditures Budget
2018-19 2019-20 2019-20 2020-21
EXPENDITURES AND APPROPRIATIONS

General Fund
9,020,746 6,494,500 6,495,000 Judgment Obligation Bond Debt Service -

9,020,746 6,494,500 6,495,000 Total Judgment Obligation Bonds Debt Service Fund

Actual Adopted Estimated Total
Expenditures Budget Expenditures Budget
2018-19 2019-20 2019-20 2020-21
SOURCES OF FUNDS

9,020,746 6,494,500 6,495,000 General Fund -
9,020,746 6,494,500 6,495,000 Total Funds 0

219