Prior Period Adjustments

In accordance with HSC section 34186 (a), successor agencies are required to report differences between actual payments and past estimated obligations.  Reported differences in Redevelopment Property Tax Trust Fund (RPTTF) are used to offset current RPTTF distributions.  This adjustment is known as the Prior Period Adjustment (PPA).

Beginning October 1, 2018, pursuant to HSC section 34186 (c), successor agencies will be required to submit their PPA form to the County Auditor-Controller (CAC) for review.  The PPA form will be separate and distinct from the Recognized Obligation Payment Schedule (ROPS) template.  A successor agencies’ prepopulated PPA reporting form can be downloaded from the Redevelopment Agency Dissolution Application (RAD App) and does not require Oversight Board approval prior to submission to the CAC.

The CAC’s review of a successor agencies’ PPA is required to be submitted to Finance via email to by February 1st.

Please refer to the PPA Instructions and FAQs for further details.


Webpage last updated September 17, 2018

Department of Finance Seal
Governor Gavin Newsom
Finance Director Keely Bosler

    Organizational Change

    Effective July 1, 2016, the Local Government Unit within the California State Department of Finance (Finance) will merge with Finance's Office of State Audits and Evaluations. This is an organizational change only and will not impact Finance's statutory duties in carrying out the redevelopment agency (RDA) dissolution statutes. All previously established processes, RDA webpage, and RAD App will remain unchanged.