City of Palm Desert Supplemental Special Assessment Information June 30, 2025

District Name\Description2003 01-01 Revenue Bonds Silver Spur Ranch Utility Underground52004-2 Section 29 Assessment District Limited Obligation Improvement Bonds Series 2021Community Facilities District No. 2005-1 (University Park) Special Tax Bonds Series 2021A6Community Facilities District No. 2021-1 (University Park) Special Tax Bonds Series 20217Community Facilities District No. 2021-1 (University Park) Special Tax Bonds Series 2024
Bond Issue Date6/25/20036/23/20217/13/20217/13/20213/6/2024
Final Maturity Date9/2/20289/2/20379/1/20369/1/20519/1/2053
Highest Interest Rate5.375%4.000%4.000%4.000%5.000%
Bond Issue Amount2,340,00016,400,0005,165,00015,200,00011,600,000
Matured Principal1,625,0002,285,000800,000865,000-
Called Principal175,0001,305,000---
Outstanding Bonds (4)540,00012,810,0004,365,00014,335,00011,600,000
Redemption Premium3.00%3.00%3.00%3.00%N/A
Original Parcels20185966243411
Active Parcels18977549366243
Reserve Requirement155,4751,415,800468,400874,2001,021,147
Reserve Balance 24/25(1)168,2361,415,853468,408874,2141,021,156
Principal Due 25/26(2)125,000770,000280,000325,00040,000
Principal Levied 24/25(3)120,000815,000290,000315,000-
Interest Due 25/26(2)25,666497,000168,800543,675570,825
Interest Levied 24/25(3)32,250554,500178,800553,275531,975
24/25 Delinquency Rate0.00%0.13%1.64%0.00%0.00%
Arbitrage Installment Computation Date: 90% Rebate Due06/25/23N/AN/AN/AN/A
Arbitrage Yield Rate4.9129%N/AN/AN/AN/A
Arbitrage-Amount Owed4----
Continuing Disclosure Last Report Issued:02/202502/202502/202502/202502/2025
  1. Reserve Balances are as of 6/30/24.
  2. Outstanding bond balance at June 30, 2025.
  3. Amount represents principal and interest collected during the FY 23/24 tax roll for Debt Service Payment due in FY 24/25 per debt service schedule.
  4. Levied amounts reflect adjustments for construction funds, reserve funds, redemption funds and other adjustments.
  5. The schedule presents the information for each individual local obligation bonded district. Assessment Districts 94-3 Merano and 01-01 Silver Spur were refunded and obligated to pay Debt Service to Series 2003 Assessment Revenue Bonds see note 16 for additional information.
  6. Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021A were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021B were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021C were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021D were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021E were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021F were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021G were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021H were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021I were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021J were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021K were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021L were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021M were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021N were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021O were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021P were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021Q were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R1 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R2 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R3 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R4 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R5 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R6 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R7 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R8 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R9 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R10 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R11 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R12 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R13 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R14 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R15 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R16 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R17 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R18 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R19 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R20 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R21 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R22 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R23 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R24 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R25 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R26 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R27 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R28 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R29 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R30 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R31 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R32 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R33 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R34 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R35 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R36 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R37 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R38 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R39 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R40 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R41 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R42 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R43 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R44 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R45 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R46 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R47 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R48 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R49 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R50 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R51 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R52 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R53 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R54 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R55 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R56 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R57 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R58 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R59 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R60 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R61 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R62 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R63 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R64 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R65 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R66 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R67 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R68 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R69 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R70 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R71 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R72 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R73 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R74 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R75 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R76 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R77 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R78 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R79 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R80 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R81 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R82 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R83 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R84 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R85 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R86 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R87 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R88 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R89 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R90 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R91 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R92 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R93 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R94 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R95 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R96 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R97 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R98 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R99 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R10 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R11 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R12 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R13 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R14 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R15 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R16 were used to refund Community Facilities District No. 2005-1 (University Park) Special Tax Bonds 2021R17 were used to refund Community Facilities District No. 2005-1
  7. Community Facilities District No. 2021-1 (University Park) Special Tax Bonds 2021A were used to pay and defense a pro rata portion of outstanding Commun
  8. Source: Willdan Financial Annual Report

Source: CITY Finance Department