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REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD CITY
<br /> COMBINED BALANCE SHEETS
<br /> ALL GOVERNMENTAL FUND TYPES AND ACCOUNT GROUPS
<br /> JUNE 30, 2001
<br /> WITH COMPARATIVE AMOUNTS FOR JUNE 30, 2000
<br />
<br /> GOVERNMENTAL
<br /> FUND TYPES ACCOUNT GROUPS
<br /> Special Debt Capital General General
<br /> Revenue Serv/ce Projects Fixed Long - Term
<br /> Funds Fund Fund Assets Obli[tat~ons .
<br />
<br /> ASSETS
<br />Cash and investments (Note 2):
<br />Available for operations $6,573,502 5146,092
<br />Restricted $1,543,679
<br />Receivables:
<br />Accounts 19,225
<br />Accrued interest 5 46,695
<br />Loans (Note 3) 2,678,313
<br />Due from other government agencies 283,648
<br />Deposits 30
<br />Prepaid expenditures 877
<br />Investment in land held for redevelopment (Note I) 3,564,700
<br />Fixed assets (Note 4) $583.605
<br />Amount available in debt service funds $1,590,374
<br />Amount to be provided for retirement
<br />of general long-term liabilities 11,827,478
<br />
<br /> Total Assets $13,120,300 $1.590,374 $146.092 $583,605 $13,417,852
<br /> LIABILITIEs
<br />
<br />Accounts payable $364,625
<br />Deposits payable 73,432
<br />Loan payable
<br />Deferred revenue 135,099
<br />Advance from the City of Redwood City (Note 6) $507.852
<br />Refunding Bonds P.DA Preject Area #2 (Note 7) 12 910,000
<br />
<br /> Total Liabilities 573,156 13,417,852
<br /> FUND EQUITY
<br />
<br />Investment in general fixed assets $583,605
<br />Fund balances
<br />Reserved for:
<br />Encumbrances 222,301
<br />Loans receivable 2,678,313
<br />Land held for redevelopment 3,564,700
<br />Low and moderate income housing (Note 5) 2,941,182
<br />Debt service Sl ,590,374
<br />Unreserved, designated for:
<br />Subsequent year's expenditures 3,140,648 6,092
<br />Capital projects 1403}00
<br />
<br /> Total Fund Equity 12,547,144 1,590,374 146,092 583,605
<br /> Total Liabilit~es and Fund Equity $13,120,300 $1,590,374 $146,092 $583,605 $13,417,852
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<br /> See accompanying notes to component unit financial statements
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