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CITY OF REDWOOD CITY, CALIFORNIA
<br />GOVERNMENTAL FUNDS
<br />BALANCE SHEET
<br />JUNE 30, 2017
<br />Capital Non‐Major Total
<br />General Outlay Governmental Governmental
<br />Fund Fund Funds Funds
<br />$$$$
<br />ASSETS
<br />Cash and investments available for operations 40,428,443 28,045,229 50,871,266 119,344,938
<br />Cash and investments, restricted 4,180,968 4,180,968
<br />Receivables (net of allowance for uncollectibles):
<br />Taxes and assessments ‐ current 6,269,171 272,013 6,541,184
<br />Accounts 1,884,492 8,090 1,892,582
<br />Loans 1,035,949 214,286 8,148,787 9,399,022
<br />Accrued interest 640,653 362,050 1,057,917 2,060,620
<br />Due from other governmental agencies 3,553,792 1,622,694 5,176,486
<br />Due from other funds 373,981 839,137 1,213,118
<br />Advances to RDA successor agency 1,441,204 1,441,204
<br />Prepaid items 95,865 120,473 3,922 220,260
<br />Land held for redevelopment 5,741,208 5,741,208
<br />Total Assets 54,282,346 31,022,379 71,906,865 157,211,590
<br />LIABILITIES
<br />Accounts payable 3,701,631 925,570 1,789,689 6,416,890
<br />Accrued payroll 2,374,210 2,374,210
<br />Deposits payable 8,930,525 503,427 11,088 9,445,040
<br />Due to other funds 839,137 373,981 1,213,118
<br />Unearned revenue 6,028,080 32,304 6,060,384
<br />Accrued sick leave and vacation 36,254 2,645 38,899
<br />Total Liabilities 21,909,837 1,431,642 2,207,062 25,548,541
<br />DEFERRED INFLOWS OF RESOURCES
<br />Unavailable revenue ‐ interest 1,044,137 1,044,137
<br />Total Deferred Inflows of Resources 1,044,137 1,044,137
<br />FUND BALANCES
<br />Nonspendable:
<br />Loans 1,035,949 1,035,949
<br />Prepaid items 95,865 120,473 3,922 220,260
<br />Restricted for:
<br />Community development 15,744,496 15,744,496
<br />Public safety 314,484 314,484
<br />Transportation 10,061,476 10,061,476
<br />Environmental support and protection 2,638,226 2,638,226
<br />Leisure, cultural and information services 18,146,734 18,146,734
<br />Capital projects 10,571,067 10,571,067
<br />Housing purposes 844,008 844,008
<br />Other purposes 96,338 354,051 450,389
<br />Committed to:
<br />General plan 837,563 837,563
<br />Capital projects 26,622,674 2,725,442 29,348,116
<br />Community benefits 2,284,739 2,284,739
<br />Human services financial assistance 718,302 718,302
<br />Debt service 505 505
<br />Housing purposes 1,867,915 1,867,915
<br />Assigned to:
<br />Capital projects 2,847,590 2,383,321 5,230,911
<br />Other purposes 884,838 884,838
<br />Unassigned:29,421,956 (3,022) 29,418,934
<br />TOTAL FUND BALANCES 32,372,509 29,590,737 68,655,666 130,618,912
<br />Total Liabilities, Deferred Inflows
<br />of Resources and Fund Balances 54,282,346 31,022,379 71,906,865 157,211,590
<br />See accompanying notes to financial statements
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<br />6.1.E. - Page 48
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