Laserfiche WebLink
6.1.D. - Page 60 CITY OF REDWOOD CITY <br />FIDUCIARY FUNDS <br />STATEMENT OF CHANGES IN NET POSITION <br />FOR THE FISCAL YEAR ENDEDJUNE 30, 2016 <br />Successor Agency <br />Private Purpose <br />Trust Fund <br />ADDITIONS <br />Property taxes 5,211,208 <br />Investment earnings 87,875 <br />Total additions 5,299,083 <br />DEDUCTIONS <br />Community development 124,211 <br />Depreciation 517,127 <br />Interest and fiscal agency expenses of former redevelopment agency 2,495,181 <br />Total deductions 3,136,519 <br />Change in net position 2,162,564 <br />Net position - beginning, as restated (20,630,247) <br />Net position - ending (18,467,683) <br />See accompanying notes to financial statements <br />33 <br />