Financial Disclosures

This page contains links to the current Annual Report related to the indicated bond issuances , as well as other disclosures.  -See further below for links to the current Annual Reports for Mello-Roos districts.

For a copy of past annual report filings, contact OCII.  The public can also find past annual reports and event notices at the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access (EMMA_ website at https://emma.msrb.org/.)

OCII does not operate and takes no responsibility for the accuracy, performance or content of the EMMA website. Information on that website should not be considered incorporated into this website.

Tax Allocation Bonds

Continuing Disclosure 15c2-12 ("Rule 15c2-12) and Rule 10(b)(5) ("Rule 10b-5")

As an issuer of municipal securities, the Successor Agency to the Redevelopment Agency of the City and County of San Francisco, also known as the Office of Community Investment and Infrastructure (“OCII”), has an obligation to meet certain disclosure standards in compliance with the Securities and Exchange Commission’s Rule 15c2-12 (“Rule 15c2-12”) and Rule 10(b)(5) (“Rule 10b-5”). To enhance transparency, OCII makes it's continuing disclosures filed with EMMA, which contain the information required by Rule 15c2-12 and each of OCII's continuing disclosure certificates, available on its website.

FY19-20

FY18-19 

 FY17-18 

Material Event Disclosure

OCII may from time to time experience material events that require disclosure.

  • Hotel Occupancy Tax Revenue Refunding Bonds Series 2011

        Hospitality Sector Rating Outlook Revised to Negative Amid COVID-19 Impact, May 202

​Voluntary Event Disclosure

OCII may from time to time make voluntary disclosures.

Mello Roos Bonds - Community Facilities Districts

California Government Code 533432.2 Requirements

On July 25, 2016 Governor Brown signed Assembly Bill No. 1666, adding Section 53343.2 to the California Government Code.  The bill enhances the transparency of community facilities districts by requiring that certain reports be accessible on a local agency’s web site.  Pursuant to Section 53343.2, a local agency that has a website shall, within seven months after the last day of each fiscal year of the district, display prominently on its website the following information:

  • Annual Report
  • CDIAC Yearly Fiscal Status Report
  • SCO Financial Transactions Report

Annual Report

Section 53343.1 requires that a copy of an annual report, if requested, pursuant to Government Code Section 53343.1 be posted on a local agency’s website. The report, required by Section 53343.1 includes CFD budgetary information for the prior fiscal year and is only prepared by a CFD at the request of a person who resides in or owns property in the CFD.  If the annual report has not been requested to be prepared, then a posting to the website is not necessary.

2020

  • No person who resides in or owns property in the community facilities district requested preparation of an annual report.

 

CDIAC Yearly Fiscal Status Report

Government Code Section 53359.5 requires local agencies to provide CDIAC with the following: (i) notice of proposed sale of bonds; (ii) annual reports on the fiscal status of bonded districts; (iii) notice of any failure to pay debt service on bonds, or of any draw on a reserve fund to pay debt service on bonds.

2019

2020

SCO Financial Transactions Report (if applicable) - AB2109

Section 12463.2(b) requires: Each country, city, and special district that assesses a parcel tax shall provide infomration to the Controller as required by the Controller to comply with subdivision (a)... "Special District" does not include any agency that is not authorized by statute to levy a property tax rate....A successor agency is a separate public entity from the public agency that provides for its governance and the two entities shall not merge. 

OCII is a state agency and is not subject to the AB2109 reporting requirements. 

 

California Government Code 65940.1 Requirements.

On October 9, 2019 Governor Newsom signed Assembly Bill No. 1483, adding Section 65940.1 to the California Government Code.   The bill requires that a city, county, or special district that has an internet website, maintain on its website a current schedule of fees, exactions, and affordability requires imposed by the public agency on all housing development projects.  The bill also requires a city, county, or special district to update this information on the website within 30 days of any changes to the information.

2020

Continuing Disclosure

Continuing disclosures filed with EMMA, which contain the information required by Rule 15c2-12 and each of OCII's continuing disclosure certificates.