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REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD CITY
<br /> COMBINING STATEMENT REVENUES, EXPENDITURES, AND
<br /> CHANGES IN FLrND BALANCES
<br /> BUDGET (NON GAAP LEGAL BASIS) AND ACTUAL
<br /> SPECIAL REVENUE FUNDS
<br /> FOR THE FISCAL YEAR ENDED JUNE 30, 2001
<br />
<br /> LOW AND MODERATE
<br /> REDEVELOPMENT AGENCY INCOME HOUSING
<br /> Variance Variance
<br /> Favorable Favorable
<br />
<br /> Budget Actual (Unfavorable) Bud[zet Actual (Unfavorable'~
<br />
<br />REVENUES
<br />
<br /> Tax increments $3,410,237 $3,762,585 $352,348 $1,506.775 $1,720.736 $213.961
<br /> Use of money and property 170,512 I68,191 (2,321) 75,339 188.148 112,809
<br /> Net increase (decrease) in fair value of investments 126,702 126,702 185,998 185,998
<br /> Miscellaneous revenue 18.900 18,900
<br />
<br /> Total Revenues 3,580,749 4,076,378 495,629 1.582,114 2,094,882 512,768
<br />EX. PENDITUR.ES
<br />
<br /> Community Development 2.387,084 1,904,240 482,844 3.521,571 1,992,668 1,528,903
<br /> Debt Service - Principal 42,321 42,321
<br /> Capital outlay 224.638 (224,638)
<br />
<br /> Total Expenditures 2,429,405 2,171,199 258,206 3.521,571 1.992,668 1,528,903
<br />
<br />EXCESS (DEFICIENCY) OF REVENUES
<br /> OVER EXPENDITURES 1,151.344 1,905,179 753.835 (1.939,457'} 102,214 2,0~ 1,671
<br />
<br />OTHER FINANCING (USES)
<br />
<br /> OperaUng transfers in 700,000 700,000
<br /> Operating transfers (out) (1,139,288) (1 A05.841) 33,447 (284,822'~ (270,460'~ 8.362
<br />
<br /> Total Other Financing (Uses) (1,139,288) (1,105,841) 33,447 (284,822~ 423~540 708,362
<br />
<br />EXCESS (DEFICIENCY) OF REVENUES AND
<br />OTHER SOURCES OVER EXPENDITURES
<br />AND OTHER USES $12,056 799,338 $787,282 ($2.224,279) 525,754 $2.750,033
<br />
<br />Fund balances at beginning of year 6,333,259 4.888~793
<br />Fund balances at end o f year $7.132,597 $5,414,547
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<br /> 20
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