|
CITY OF REDWOOD CITY, CALIFORNIA
<br />GOVERNMENTAL FUNDS
<br />STATEMENT OF REVENUES, EXPENDITURES
<br />AND CHANGES IN FUND BALANCE
<br />FOR THE FISCAL YEAR ENDED JUNE 30, 2017
<br />Capital Non‐Major Total
<br />General Outlay Governmental Governmental
<br />Fund Fund Funds Funds
<br />$$$$
<br />REVENUES
<br />Property taxes/special assessments 52,433,667 1,541,388 53,975,055
<br />Sales and other taxes 43,966,255 71,498 44,037,753
<br />Licenses and permits 2,806,816 359,665 1,022,714 4,189,195
<br />Fines, forfeitures and penalties 822,066 167,545 989,611
<br />Use of money and property 4,682,075 317,312 1,116,363 6,115,750
<br />Intergovernmental 5,758,016 23,392 6,462,372 12,243,780
<br />Charges for current services 18,101,567 33,358 1,656,606 19,791,531
<br />Contributions 278,923 600,000 2,680,741 3,559,664
<br />Other 773,303 9,453 5,883 788,639
<br />Total Revenues 129,622,688 1,343,180 14,725,110 145,690,978
<br />EXPENDITURES
<br />Current Operations:
<br />Community development 9,028,749 233,715 1,725,347 10,987,811
<br />Human services 1,608,705 100,000 1,708,705
<br />Public safety 67,914,463 90,621 181,634 68,186,718
<br />Transportation 1,294,270 3,863,922 6,083,129 11,241,321
<br />Environmental support and protection 306,872 414,205 1,439,521 2,160,598
<br />Leisure, cultural and information services 23,956,812 198,375 352,679 24,507,866
<br />Policy development and implementation 7,929,797 221,744 289,113 8,440,654
<br />Capital outlay 63,546 3,660,814 4,641,443 8,365,803
<br />Debt service:
<br />Principal retirement 676,920 676,920
<br />Interest and fiscal charges 38,772 23,186 61,958
<br />Total Expenditures 112,141,986 8,683,396 15,512,972 136,338,354
<br />EXCESS (DEFICIENCY) OF REVENUES
<br />OVER EXPENDITURES 17,480,702 (7,340,216) (787,862) 9,352,624
<br />OTHER FINANCING SOURCES (USES)
<br />Transfers in 716,554 8,897,388 2,383,071 11,997,013
<br />Transfers (out)(14,262,818) (937,044) (470,216) (15,670,078)
<br />Total Other Financing Sources (Uses)(13,546,264) 7,960,344 1,912,855 (3,673,065)
<br />NET CHANGE IN FUND BALANCES 3,934,438 620,128 1,124,993 5,679,559
<br />Fund balances ‐ beginning 28,438,071 28,970,609 67,530,673 124,939,353
<br />Fund balances ‐ ending 32,372,509 29,590,737 68,655,666 130,618,912
<br />See accompanying notes to financial statements
<br />27
<br />6.1.E. - Page 50
|