Draw on Reserve or Default Report
Truckee Donner Public Utility District CFD No 04-1 Mello-Roos Community Facilities Districts
This report is based on unaudited information reported to the California Debt and Investment Advisory Commission pursuant to Government Code Section 53359.5(c) from sources considered to be reliable. The Commission is not liable for inadvertent errors or omissions that are reported as part of these reports.
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2004-1553
Type of Event: Draw
Date of Event: 9/1/2023
Amount of Draw: $264,772.45
Contact: Richelle Lane, Willdan Financial Services
Phone Number: (951) 587-3519
Comments:
On September 1, 2023, a draw on the Reserve Fund for $264,772.45 was
performed in order to pay the September 1, 2023 Debt Service Payment on the
Bonds. The District had insufficient funds to make the full debt service payment
of $1,878,296.25 on Series 2004 and Series 2005 Bonds. The remaining amount
in the Reserve Fund as of September 2, 2023 will be approximately
$2,019,171.52.
Date Received: 9/5/2023
Date posted to this website:
Monday, November 27, 2023
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 6/21/2005
CDIAC Number: 2005-0453
Type of Event: Draw
Date of Event: 9/1/2023
Amount of Draw: $264,772.45
Contact: Richelle Lane, Willdan Financial Services
Phone Number: (951) 587-3519
Comments:
On September 1, 2023, a draw on the Reserve Fund for $264,772.45 was
performed in order to pay the September 1, 2023 Debt Service Payment on the
Bonds. The District had insufficient funds to make the full debt service payment
of $1,878,296.25 on Series 2004 and Series 2005 Bonds. The remaining amount
in the Reserve Fund as of September 2, 2023 will be approximately
$2,019,171.52.
Date Received: 9/5/2023
Date posted to this website:
Monday, November 27, 2023
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2004-1553
Type of Event: Draw
Date of Event: 9/1/2020
Amount Withdrawn: 132,639.69
Contact: Richelle Lane, Willdan Financial Services
Phone Number: (951) 578-3519
Comments:
On September 1, 2020, a draw on the Reserve Fund for $132,639.69 was performed in order to pay the September 1, 2020 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,664,736.25 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2020 will be $2,591,432.89.
Date Received: 9/1/2020
Date posted to this website:
Friday, October 2, 2020
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 6/21/2005
CDIAC Number: 2005-0453
Type of Event: Draw
Date of Event: 9/1/2020
Amount Withdrawn: $ 132,639.69
Contact: Richelle Lane, Willdan Financial Services
Phone Number: (951) 578-3519
Comments:
On September 1, 2020, a draw on the Reserve Fund for $132,639.69 was performed in order to pay the September 1, 2020 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,664,736.25 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2020 will be $2,591,432.89.
Date Received: 9/1/2020
Date posted to this website:
Friday, October 2, 2020
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2004-1553
Type of Event: Draw on Reserve
Date of Event: 9/1/2019
Amount Withdrawn: $238,694.25
Contact: Richelle Lane, Willdan Financial Services
Phone Number: (951) 587-3519
Comments:
On September 1, 2019, a draw on the Reserve Fund for $238,694.25 was
performed in order to pay the September 1, 2019 Debt Service Payment on the
Bonds. The District had insufficient funds to make the full debt service payment
of $1,601,148.75 on Series 2004 and Series 2005 Bonds. The remaining
amount in the Reserve Fund as of September 2, 2019 will be $2,678,540.23.
The unscheduled draw is due to a consistently high delinquency rate in the
District. The delinquency rate for the 2018/19 year is approximately 14.13%.
Date Received: 8/27/2019
Date posted to this website:
Tuesday, September 17, 2019
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 6/21/2005
CDIAC Number: 2005-0453
Type of Event: Draw on Reserve
Date of Event: 9/1/2019
Amount Withdrawn: $238,694.25
Contact: Richelle Lane, Willdan Financial Services
Phone Number: (951) 587-3519
Comments:
On September 1, 2019, a draw on the Reserve Fund for $238,694.25 was
performed in order to pay the September 1, 2019 Debt Service Payment on the
Bonds. The District had insufficient funds to make the full debt service payment
of $1,601,148.75 on Series 2004 and Series 2005 Bonds. The remaining
amount in the Reserve Fund as of September 2, 2019 will be $2,678,540.23.
The unscheduled draw is due to a consistently high delinquency rate in the
District. The delinquency rate for the 2018/19 year is
approximately 14.13%.
Date Received: 8/27/2019
Date posted to this website:
Tuesday, September 17, 2019
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2004-1553
Type of Event: Draw on Reserve
Date of Event: 9/1/2018
Amount Withdrawn: $513,526.36
Contact: Richelle Tague, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On September 1, 2018, a draw on the Reserve Fund for $513,526.36 was performed in order to pay the September 1, 2018 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,535,270.00 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2018 will be $2,853,233.35.
Date Received: 8/31/2018
Date posted to this website:
Friday, December 28, 2018
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2005-0453
Type of Event: Draw on Reserve
Date of Event: 9/1/2018
Amount Withdrawn: $513,526.36
Contact: Richelle Tague, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On September 1, 2018, a draw on the Reserve Fund for $513,526.36 was performed in order to pay the September 1, 2018 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,535,270.00 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2018 will be $2,853,233.35.
Date Received: 8/31/2018
Date posted to this website:
Friday, December 28, 2018
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2004-1553
Type of Event: Replenishment
Date of Event: 2/1/2017
Amount Replenished: $419,594.07
Contact: Richelle Tague, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On February 1, 2018, available funds in the amount of $419,594 were transferred from the Special Tax Fund to the Reserve Account. As a result, the Reserve Account was replenished and now fulfills the Reserve Requirement of $3,334,730. The balance in the Reserve Account as of February 12, 2018 was $3,341,751.
Date Received: 2/15/2018
Date posted to this website:
Thursday, February 22, 2018
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2005-0453
Type of Event: Replenishment
Date of Event: 2/1/2018
Amount Replenished: $419,594.07
Contact: Richelle Tague, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On February 1, 2018, available funds in the amount of $419,594 were transferred from the Special Tax Fund to the Reserve Account. As a result, the Reserve Account was replenished and now fulfills the Reserve Requirement of $3,334,730. The balance in the Reserve Account as of February 12, 2018 was $3,341,751.
Date Received: 2/15/2018
Date posted to this website:
Thursday, February 22, 2018
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2004-1553
Type of Event: Draw on Reserve
Date of Event: 9/1/2017
Amount Withdrawn: $368,271.76
Contact: Zaskia Ruiz-Jones, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On September 1, 2017, a Draw on the Reserve Fund for $368,271.76 was
performed in order to pay the September 1, 2017 Debt Service Payment on the
Bonds. The District had insufficient funds to make the full debt service payment
of $1,478,198.75 on Series 2004 and Series 2005 Bonds. The remaining
amount in the Reserve Fund as of September 2, 2017 will be $2,907,753.91.
The unscheduled draw is due to a consistently high delinquency rate in the
District. The delinquency rate for the 2016/17 year is approximately 23.72%.
Date Received: 9/1/2017
Date posted to this website:
Tuesday, October 3, 2017
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 6/21/2005
CDIAC Number: 2005-0453
Type of Event: Draw on Reserve
Date of Event: 9/1/2017
Amount Withdrawn: $368,271.76
Contact: Tony Thrasher, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On September 1, 2017, a Draw on the Reserve Fund for $368,271.76 was
performed in order to pay the September 1, 2017 Debt Service Payment on the
Bonds. The District had insufficient funds to make the full debt service payment
of $1,478,198.75 on Series 2004 and Series 2005 Bonds. The remaining amount
in the Reserve Fund as of September 2, 2017 will be $2,907,753.91. The
unscheduled draw is due to a consistently high delinquency rate in the District.
The delinquency rate for the 2016/17 year is approximately 23.72%.
Date Received: 9/1/2017
Date posted to this website:
Tuesday, October 3, 2017
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2004-1553
Type of Event: Draw on Reserve
Date of Event: 9/1/2016
Amount Withdrawn: $415,720.00
Contact: Zaskia Ruiz-Jones, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On September 1, 2016, a Draw on the Reserve Fund for $415,720.00 was performed in order to pay the September 1, 2016 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,416,232.50 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2016 will be $2,818,614.23. The unscheduled draw is due to a consistently high delinquency rate in the District. The delinquency rate for the 2016/17 year is approximately 20.30%.
Date Received: 9/2/2016
Date posted to this website:
Friday, October 7, 2016
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2005-0453
Type of Event: Draw on Reserve
Date of Event: 9/1/2016
Amount Withdrawn: $415,720.00
Contact: Zaskia Ruiz-Jones, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On September 1, 2016, a Draw on the Reserve Fund for $415,720.00 was performed in order to pay the September 1, 2016 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,416,232.50 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2016 will be $2,818,614.23. The unscheduled draw is due to a consistently high delinquency rate in the District. The delinquency rate for the 2016/17 year is approximately 20.30%.
Date Received: 9/2/2016
Date posted to this website:
Friday, October 7, 2016
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2004-1553
Type of Event: Draw on Reserve
Date of Event: 9/1/2015
Amount Withdrawn: $359,876.17
Contact: Zaskia Ruiz-Jones, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On September 1, 2015, a draw on the Reserve Fund for $359,876.17 was performed in order to pay the September 1, 2015 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,363,662.50 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2015 will be $2,985,408.83. The unscheduled draw is due to a consistently high delinquency rate in the District. The delinquency rate for the 2014/15 year is approximately 19.86%.
Date Received: 9/1/2015
Date posted to this website:
Thursday, January 7, 2016
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2005-0453
Type of Event: Draw on Reserve
Date of Event: 9/1/2015
Amount Withdrawn: $359,876.17
Contact: Zaskia Ruiz-Jones, Willdan Financial Services
Phone Number: (951) 587-3500
Comments:
On September 1, 2015, a draw on the Reserve Fund for $359,876.17 was performed in order to pay the September 1, 2015 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,363,662.50 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2015 will be $2,985,408.83. The unscheduled draw is due to a consistently high delinquency rate in the District. The delinquency rate for the 2014/15 year is approximately 19.86%.
Date Received: 9/1/2015
Date posted to this website:
Thursday, January 7, 2016
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2004-1553
Type of Event: Draw on Reserve
Date of Event: 8/29/2014
Amount Withdrawn: $288,333.91
Contact: Maureen Coleman, Willdan Financial Services
Phone Number: (951) 587-3543
Comments:
On August 29, 2014, a draw on the Reserve Fund for $288,333.91 was performed in order to pay the September 1, 2014 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,782,351.25 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2014 will be $3,071,357.29. The unscheduled draw is due to a consistently high delinquency rate in the District. The delinquency rate for the 2013/14 year is approximately 32.7% delinquency rate.
Date Received: 8/29/2014
Date posted to this website:
Thursday, January 7, 2016
Issuer: Truckee Donner Public Utility District CFD No 04-1
County: Nevada
Project: Gray's Crossing
Original Sale Date: 8/31/2004
CDIAC Number: 2005-0453
Type of Event: Draw on Reserve
Date of Event: 8/29/2014
Amount Withdrawn: $288,333.91
Contact: Maureen Coleman, Willdan Financial Services
Phone Number: (951) 587-3543
Comments:
On August 29, 2014, a draw on the Reserve Fund for $288,333.91 was performed in order to pay the September 1, 2014 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,782,351.25 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2014 will be $3,071,357.29. The unscheduled draw is due to a consistently high delinquency rate in the District. The delinquency rate for the 2013/14 year is approximately 32.7% delinquency rate.
Date Received: 8/29/2014
Date posted to this website:
Thursday, January 7, 2016