|
7.1.A. - Page 112 CITY OF REDWOOD CITY, CALIFORNIA
<br /> GENERAL FUND
<br /> COMPARATIVE BALANCE SHEET
<br /> JUNE 30, 2014 AND 2013
<br /> 2014 2013
<br /> ASSETS $ $
<br /> Cash and investments available for operations 22,932,368 21,460,699
<br /> Receivables (net of allowance for uncollectibles):
<br /> Taxes and assessments - current 7,781,376 6,380,053
<br /> Accounts 1,570,988 1,538,072
<br /> Loans 1,534,452 1,692,608
<br /> Accrued interest 155,289 119,895
<br /> Due from other governmental agencies 2,579,041 1,373,779
<br /> Inventory of supplies at cost 1,288 164
<br /> Prepaid expenditures 72,993 92,412
<br /> Total Assets 36,627,795 32,657,682
<br /> LIABILITIES
<br /> Accounts payable 1,945,002 2,042,937
<br /> Accrued payroll 3,248,659 2,907,558
<br /> Deposits payable 4,749,155 3,604,714
<br /> Due to other funds 833,946 811,980
<br /> Unearned revenue 2,002,191 1,505,951
<br /> Accrued sick leave and vacation - current 30,800
<br /> Total Liabilities 12,778,953 10,903,940
<br /> FUND BALANCE
<br /> Nonspendable:
<br /> Loans 1,534,452 1,692,608
<br /> Inventory 1,288 164
<br /> Prepaid items 72,993 92,412
<br /> Committed to:
<br /> General plan 536,108 370,927
<br /> Assigned to:
<br /> Other purposes 223,061 148,534
<br /> Unassigned:
<br /> City Council directed minimum balance 19,901,941 17,320,930
<br /> Residual balance 1,578,999 2,128,167
<br /> Total Fund Balance 23,848,842 21,753,742
<br /> Total Liabilities and Fund Balance 36,627,795 32,657,682
<br /> 84
<br />
|