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7.1.A. - Page 54 CITY OF REDWOOD CITY, CALIFORNIA <br /> GOVERNMENTAL FUNDS <br /> STATEMENT OF REVENUES, EXPENDITURES <br /> AND CHANGES IN FUND BALANCE <br /> FOR THE YEAR ENDED JUNE 30, 2014 <br /> Housing <br /> Legal Aid Capital Non -Major Total <br /> General Society Outlay Governmental Governmental <br /> Fund Fund Fund Funds Funds <br /> $ $ $ $ $ <br /> REVENUES <br /> Property taxes /special assessments 41,708,668 1,383,709 43,092,377 <br /> Sales and other taxes 39,970,312 39,970,312 <br /> Licenses and permits 2,559,720 1,922 2,561,642 <br /> Fines, forfeitures and penalties 629,017 258,292 887,309 <br /> Use of money and property 793,967 86,144 193,417 698,301 1,771,829 <br /> Intergovernmental 3,646,694 332,523 6,856,544 10,835,761 <br /> Charges for current services 14,668,911 30,012 646,083 15,345,006 <br /> Contributions 486,673 2,478,658 5,336,529 8,301,860 <br /> Other 618,057 5,185 623,242 <br /> Total Revenues 105,082,019 86,144 3,036,532 15,184,643 123,389,338 <br /> EXPENDITURES <br /> Current Operations: <br /> Community development 6,398,202 51,471 221,450 1,193,665 7,864,788 <br /> Human services 1,347,136 1,347,136 <br /> Public safety 55,728,476 231,398 155,372 56,115,246 <br /> Transportation 264,489 1,535,300 4,914,581 6,714,370 <br /> Environmental support and protection 147,394 537,863 1,916,023 2,601,280 <br /> Leisure, cultural and information services 20,060,371 647,127 82,149 20,789,647 <br /> Policy development and implementation 2,480,985 1,117,468 3,598,453 <br /> Capital outlay 99,025 2,809,518 2,401,749 5,310,292 <br /> Debt service: <br /> Principal retirement 324,742 324,742 <br /> Interest and fiscal charges 31,755 31,755 <br /> Total Expenditures 86,526,078 51,471 7,100,124 11,020,036 104,697,709 <br /> EXCESS (DEFICIENCY) OF REVENUES <br /> OVER EXPENDITURES 18,555,941 34,673 (4,063,592) 4,164,607 18,691,629 <br /> OTHER FINANCING SOURCES (USES) <br /> Transfers in 426,479 11,884,268 1,322,039 13,632,786 <br /> Transfers (out) (16,887,320) (150,503) (287,684) (17,325,507) <br /> Total Other Financing Sources (Uses) (16,460,841) 11,733,765 1,034,355 (3,692,721) <br /> NET CHANGE IN FUND BALANCES 2,095,100 34,673 7,670,173 5,198,962 14,998,908 <br /> Fund balances - beginning 21,753,742 1,021 22,793,923 51,486,978 96,035,664 <br /> FUND BALANCES - ENDING 23,848,842 35,694 30,464,096 56,685,940 111,034,572 <br /> See accompanying notes to financial statements <br /> 26 <br />