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6.1.E. - Page 119 CITY OF REDWOOD CITY,CALIFORNIA
<br /> GENERAL FUND
<br /> COMPARATIVE BALANCE SHEET
<br /> JUNE 30,2015 AND 2014
<br /> 2015 2014
<br /> ASSETS $ $
<br /> Cash and investments available for operations 31,189,850 22,932,368
<br /> Receivables(net of allowance for uncollectibles):
<br /> Taxes and assessments-current 7,441,153 7,781,376
<br /> Accounts 1,579,638 1,570,988
<br /> Loans 1,371,874 1,534,452
<br /> Accrued interest 172,969 155,289
<br /> Due from other governmental agencies 2,936,496 2,579,041
<br /> Inventory of supplies at cost 421 1,288
<br /> Prepaid expenditures 15,597 72,993
<br /> Total Assets 44,707,998 36,627,795
<br /> LIABILITIES
<br /> Accounts payable 2,655,418 1,945,002
<br /> Accrued payroll 3,867,082 3,248,659
<br /> Deposits payable 6,068,254 4,749,155
<br /> Due to other funds 832,625 833,946
<br /> Unearned revenue 2,591,166 2,002,191
<br /> Accrued sick leave and vacation-current 88,097
<br /> Total Liabilities 16,102,642 12,778,953
<br /> FUND BALANCE
<br /> Nonspendable:
<br /> Loans 1,371,874 1,534,452
<br /> Inventory 421 1,288
<br /> Prepaid items 15,597 72,993
<br /> Restricted:
<br /> Other purposes 1,230
<br /> Committed to:
<br /> General plan 700,783 536,108
<br /> Assigned to:
<br /> Other purposes 283,563 223,061
<br /> Unassigned:
<br /> City Council directed minimum balance 21,152,117 19,901,941
<br /> Residual balance 5,079,771 1,578,999
<br /> Total Fund Balance 28,605,356 23,848,842
<br /> Total Liabilities and Fund Balance 44,707,998 36,627,795
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