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~I)£VELO?MENT AGENCY O~ T~L~ C]~' OF REDWOOD CITY
<br /> SPECIAL REVENUE FUNDS
<br /> COMBINING BALANCE SHEETS
<br /> JUNE 30, 2001
<br /> W1TH COMPARATIVE AMOUNTS FOR JUNE 30. 2000
<br />
<br /> Low and
<br /> Moderate TOTALS
<br /> Redevelopment Income
<br /> Agency Housing 2001 2000
<br />
<br /> ASSETS
<br />
<br />Cash and investments available for operations $3,659.283 $2,914,219 $6,573,502 $6,937,926
<br />Receivables:
<br />Accounts 4,725 $14.500 19,225 1,575
<br />Accrued interest 5 5 5
<br />Loans 1,2*57,778 1,420,535 2,678,313 1,886,310
<br />Due from other government agencies 283.648 283,648 58,026
<br />Deposits 30 30 590,030
<br />Prepaid expenditures 877 877
<br />Investment in land held for redevelopment 2.600,000 964.700 3,564,700 3,419,862
<br />
<br /> Total Assets $7,521,791 $5,598,509 $13,120,300 $12,893,734
<br /> LIABILITIES
<br />
<br />Accounts payable $339,770 $24,855 $364,625 $33 !,544
<br />Deposits payable 37,781 35,651 73,432 1,I 80,761
<br />Deferred revenue 11.643 123,456 135,099 135.099
<br />Advance from the City of Redwood City 24,278
<br />
<br /> Total Liabilities 389,194 l 83,962 573,156 1,671.682
<br /> FUND BALANCES
<br />
<br />Reserved for:
<br />Encumbrances 134,I71 88, 130 222,301 289,002
<br />Loans receivable 1,257,778 [ ,420,535 2,678,313 1,886,310
<br />Land held for redevelopment 2,600,000 964,700 3,564,700 3,419,862
<br />Low and moderate income housing 2,941,182 2,941,182 3,356,955
<br />Unreserved, designated for:
<br />Subsequent year's expenditures 3.140.648 3,140,648 2,269,923
<br />
<br /> Total Fund Balances 7,I32,597 5,414,547 12,547,144 11,222.052
<br /> Total Liabilities and Fund Balances $7,521,791 $5,598,509 $13,120,300 $12.893,734
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<br /> 17
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