2026-05-04T09:15:49-04:00 2025-06-30 990 2024-07-01 330927692 San Diego County Tobacco Securitization Corporation SAND 8582260836 1600 PACIFIC HWY San Diego CA 921012429 SAMANTHA WEISMAN DEBT FINANCE MANAGER 6194586894 2026-05-05 2024 2025-03-06 01:10:19Z SAMANTHA WEISMAN 1600 PACIFIC HWY STE 352 SAN DIEGO CA 92101 28746929 false X X 2000 CA The Corporation was formed for the benefit of the County of San Diego by supporting the securitization of tobacco settlement payments due to the County under the Master Settlement Agreement. 3 0 0 0 0 0 0 0 28698344 27217709 1821520 1529220 0 0 30519864 28746929 0 0 0 0 0 0 0 0 0 35688019 33462917 35688019 33462917 -5168155 -4715988 14354472 13588640 106799763 110749919 -92445291 -97161279 The Corporation was formed for the benefit of the County of San Diego to help manage the risks related to future receipt of tobacco settlement payments and facilitate the efficient use of these tobacco settlement payments. false false 26991317 0 28746929 PRINCIPAL: 12,041,131 INTEREST: 14,736,250 PROFESSIONAL SERVICES: 213,936 6200 106569 101167 6471600 0 0 DEBT RELATED REIMBURSEMENT: 6,471,600 0 0 0 0 0 0 33462917 true false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false 0 false false false false false false false false false false 3 0 false false false false false false false true false false false false false false false false false false X SAMANTHA WEISMAN 6194586894 1600 PACIFIC HWY San Diego CA 921012429 CHRIS HERRERA DIRECTOR 0.00 0.00 X 0 0 0 MICHEL ANDERSON SECRETARY 0.00 0.00 X 0 0 0 JOAN BRACCI CHIEF FINANCIAL OFFICER 0.00 0.00 X 0 0 0 0 0 0 0 false false false 0 0 0 0 0 0 0 0 TOBACCO SETTLEMENT REVENUES 27217709 27217709 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 27217709 1529220 1529220 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 28746929 28746929 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 106569 106569 0 0 0 0 0 0 6200 6200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14736250 14736250 0 0 0 0 0 0 0 0 0 0 101167 101167 0 0 REIMUBRSEMENT TO AUTHORITY 6471600 6471600 0 0 PRINCIPAL ON AUTHORITY NOTE 12041131 12041131 0 0 0 0 0 0 0 0 0 0 0 0 0 0 33462917 33462917 0 0 0 0 0 0 0 0 0 0 0 0 14354472 13588640 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14354472 13588640 92594082 97274183 0 0 14205681 13475736 0 0 0 0 0 0 0 0 0 0 0 0 106799763 110749919 X 0 0 0 0 -92445291 -97161279 -92445291 -97161279 14354472 13588640 -4715988 0 0 0 0 0 X false true false false X X 1 COUNTY OF SAN DIEGO 966000934 6 true 0 0 1 0 0 true false false false false false false false false false false false false false false false true true true 0 0 1821520 1821520 0 0 0 0 1821520 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1821520 1548292 0 1548292 0 1548292 0 0 213936 0 0 0 213936 0 1548292 0 1548292 0 0 0 0 0 0 0 0 0 0 0 213936 0 213936 0 0 1334356 0 0 0 0 0 0 Part IV, Section D, line 3 SectionDLine3 : Although the Corporation is legally a separate entity the County appoints and can change a majority of the Board of Directors. Additionally the Corporation almost exclusively benefits the County even though it does not provide services directly to it. Part V | S.No:, PartandLinenumber:, Amount:, Description:| 1, Section D Line 6, $0, Part V Section E Line 6 : Higher dividend income due to higher interest rates.| 2, Section E Line 6, $, Part V Section E Line 6 : Higher dividend income due to higher interest rates.| 28746929 0 28746929 0 28746929 33462917 0 33462917 0 33462917 Part VI, Line 8 PART VI LINE 8 The Corporation has no committees. Part VI, Line 11b PART VI LINE 11A 11B The Corporation does not have a formal process to review form 990. Part VI, Line 19 PART VI LINE 19 The governing documents and financial statements of the Corporation are available upon request. The Corporation does not have a conflict of interest policy. Part XII Line 1 | Explanation:| PART XII LINE 1 Modified accrual basis of accounting. The modified accrual basis of accounting is a basis of accounting used in conjunction with the current financial resources measurement focus that modifies the accrual basis of accounting in two key ways: 1 revenues are not recognized until they are measurable and available 2 expenditures are recognized in the period in which governments in general normally liquidate the related liability rather than when the liability is first incurred if earlier. The Government Accounting Standards Board which is recognized as the official source of generally accepted accounting principles for state and local governments establishes modified accrual accounting standards. - Governmental Accounting Auditing and Financial Reporting c 2020 aka the Blue Book Appendix F Glossary page 34 Part I Line 1 | Explanation:| PART AND LINE NUMBER: PART I LINE 1 THE CORPORATION WAS FORMED FOR THE BENEFIT OF THE COUNTY OF SAN DIEGO BY SUPPORTING THE SECURITIZATION OF TOBACCO SETTLEMENT PAYMENTS DUE TO THE COUNTY UNDER THE MASTER SETTLEMENT AGREEMENT. Part III Line 1 | Explanation:| PART AND LINE NUMBER: PART III LINE 1 THE CORPORATION WAS FORMED FOR THE BENEFIT OF THE COUNTY OF SAN DIEGO TO HELP MANAGE THE RISKS RELATED TO FUTURE RECEIPT OF TOBACCO SETTLEMENT PAYMENTS AND FACILITATE THE EFFICIENT USE OF THESE TOBACCO SETTLEMENT PAYMENTS. COUNTY OF SAN DIEGO 1600 PACIFIC HIGHWAY SAN DIEGO CA 92101 956000934 LOCAL GOVERNMENT CA N/A false