Water Replenishment District of Southern California Management’s Discussion and Analysis (Unaudited) June 30, <strong>2017</strong> and 2016 Changes in long-term debt in fiscal year 2016 were as follows: Balance Balance July 1, 2015 Additions Deletions June 30, 2016 Certificates of participation (2004) $ 12,595,000 $ - $ (12,595,000) $ - Certificates of participation (2008) 16,560,000 - (16,560,000) - Certificates of participation (2011) 68,135,000 - (68,135,000) - Replenishment Assessment Revenue Bonds - 148,345,000 - 148,345,000 97,290,000 148,345,000 (97,290,000) 148,345,000 Bond discount (390,435) - 390,435 - Bond premium 1,401,287 23,224,874 (1,401,287) 23,224,874 Total long-term debt $ 98,300,852 $ 171,569,874 $ (98,300,852) $ 171,569,874 Requests for Information This management’s discussion and analysis is designed to provide the District's funding sources, customers, stakeholders and other interested parties with an overview of the District's financial operations and overall financial condition. Should the reader have questions regarding the information included in this report or wish to request additional financial information, please contact the District's Chief Financial Officer at 4040 Paramount Boulevard, Lakewood, California 90712. 8
Basic Financial Statements