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CITY OF REDWOOD CITY, CALIFORNIA 6.1.D. - Page 53 <br />GOVERNMENTAL FUNDS <br />STATEMENT OF REVENUES, EXPENDITURES <br />AND CHANGES IN FUND BALANCE <br />FOR THE YEAR ENDED JUNE 30, 2016 <br />See accompanying notes to financial statements <br />26 <br />Capital <br />Non -Major <br />Total <br />General <br />Outlay <br />Governmental <br />Governmental <br />Fund <br />Fund <br />Funds <br />Funds <br />REVENUES <br />Property taxes/special assessments <br />47,851,873 <br />1,460,797 <br />49,312,670 <br />Sales and other taxes <br />44,186,332 <br />44,186,332 <br />Licenses and permits <br />2,272,333 <br />7,707 <br />4,871,246 <br />7,151,286 <br />Fines, forfeitures and penalties <br />767,857 <br />215,592 <br />983,449 <br />Use of money and property <br />569,715 <br />270,765 <br />1,324,263 <br />2,164,743 <br />Intergovernmental <br />5,475,525 <br />86,195 <br />7,703,326 <br />13,265,046 <br />Charges for current services <br />16,280,079 <br />34,006 <br />586,764 <br />16,900,849 <br />Contributions <br />431,924 <br />436,003 <br />1,428,146 <br />2,296,073 <br />Other <br />599,378 <br />10,905 <br />10,964 <br />621,247 <br />Total Revenues <br />118,435,016 <br />845,581 <br />17,601,098 <br />136,881,695 <br />EXPENDITURES <br />Current Operations: <br />Community development <br />8,267,137 <br />338,213 <br />1,715,457 <br />10,320,807 <br />Human services <br />1,524,187 <br />100,000 <br />1,624,187 <br />Public safety <br />64,493,704 <br />422,723 <br />104,073 <br />65,020,500 <br />Transportation <br />290,747 <br />3,523,346 <br />5,285,624 <br />9,099,717 <br />Environmental support and protection <br />245,121 <br />587,979 <br />1,527,069 <br />2,360,169 <br />Leisure, cultural and information services <br />23,115,583 <br />120,108 <br />301,471 <br />23,537,162 <br />Policy development and implementation <br />3,661,518 <br />342,055 <br />255,559 <br />4,259,132 <br />Capital outlay <br />44,485 <br />7,423,665 <br />7,261,874 <br />14,730,024 <br />Debt service: <br />Principal retirement <br />666,814 <br />666,814 <br />Interest and fiscal charges <br />41,457 <br />33,239 <br />74,696 <br />Total Expenditures <br />101,683,939 <br />12,758,089 <br />17,251,180 <br />131,693,208 <br />EXCESS (DEFICIENCY) OF REVENUES <br />OVER EXPENDITURES <br />16,751,077 <br />(11,912,508) <br />349,918 <br />5,188,487 <br />OTHER FINANCING SOURCES (USES) <br />Transfers in <br />527,271 <br />8,822,477 <br />1,446,143 <br />10,795,891 <br />Transfers (out) <br />(17,445,633) <br />(209,808) <br />(581,993) <br />(18,237,434) <br />Total Other Financing Sources (Uses) <br />(16,918,362) <br />8,612,669 <br />864,150 <br />(7,441,543) <br />NET CHANGE IN FUND BALANCES <br />(167,285) <br />(3,299,839) <br />1,214,068 <br />(2,253,056) <br />Fund balances- beginning <br />28,605,356 <br />32,270,448 <br />66,316,605 <br />127,192,409 <br />FUND BALANCES- ENDING <br />28,438,071 <br />28,970,609 <br />67,530,673 <br />124,939,353 <br />See accompanying notes to financial statements <br />26 <br />