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<br /> REDEVELOPMENT AGENCY OF THE CITY OF KEDWOOD CITY
<br /> COMBINED STATEMENT REVENUES, EXPEND1TUtLES, A_ND
<br /> CHANGES ]~q FUND BALANCES
<br /> BUDGET (NON GAAP LEGAL BASIS) AND ACTUAL
<br /> ALL GOVEKNM~ENTAL FUND TYPES
<br /> FOK THE FISCAL YEAR ENDED JUNE 30, 2001
<br />
<br /> SPECIAL REVENUE FUNDS DEBT SERVICE FUND
<br />
<br /> Favorable Favorable
<br /> Budget Actual (Unfavorable) Budget ActuaI (Unfavorable)
<br />
<br />REVENLrES
<br />
<br /> Tax increments $4,917,012 $5,483,321 $566,309
<br /> Use of money end property 245,851 356,339 110,488 $100;000 $96,183 ($3,817)
<br /> Net increase (decrease) in fair value of investments 312,700 312,700
<br /> Miscellaneous revenue 18,900 18,900
<br />
<br /> Total Revenues 5,162,863 6,171,260 1,008,397 100,000 96,183 (3,817)
<br />EXPENDITURES.
<br />
<br /> Cur~nt operations:
<br /> Community development 5,908,655 3,896,908 2,011,747
<br /> Capital outlay 224,638 (224,638)
<br /> Debt service:
<br /> Principal retirement 42,321 42,321 890,000 890,000
<br /> Interest and fiscal charges 634,110 636.460 (2,350'~
<br />
<br /> Total Expenditures 5,950,976 4,I63,867 1,787,109 1,524,110 1,526,460 (2.350)
<br />
<br /> EXCESS (DEFICIENCY) OF REVENUES
<br /> OVER EXPENDITURES (788,I 13) 2,007,393 2,795,506 (l ,424,110) (1,430.277) (6,167)
<br />
<br /> OTHER FINANCING SOURCES (USES)
<br /> Operanng transfers in 700,000 700,000 [,424,110 1,382,301 (41,809)
<br /> Operating transfers (out) (1,424,I 10) (1,382,301) 41.809
<br />
<br /> Total Other Financing Sources (Uses) ( 1,424, i 10) (682,301 ) 741,809 1,424,110 1,382,301 (41,809)
<br />
<br /> EXCESS (DEFICIENCY) OF REVENUES AND
<br /> OTHER SOURCES AND OVER
<br /> EXPENDrrUR.ES AND OTHER USES ($2,212.223) 1,325,092 $3,537,315 (47,976) $47,976)
<br />
<br /> Fund balances at beginning of year 11,222,052 1,638.350
<br /> Fund balances at end of year $t2,547,144 $1,590,374
<br /> See accompanying notes to component unit financial statements
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