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t~, ~ p..,~ SCHEDULEHCD-C <br /> Agency-wide Activity <br /> Agen~OvrFiscalYearEnded_~ 6 /30 / ~1 <br /> Redevelopment <br /> Agency Nmne: of the City of Redwood City County: San Mateo <br /> <br /> Preparer's Nme. Title: Sergio Parra, HED II Preparer~s E-Ma/1 Address: sparra@redwoodcity.org <br /> 650-780-7294 650-780-0128 <br /> Preparer's Telephone No: Preparer's Facsimile No: <br /> <br /> Low & Moderate lncomc Houslllg Funds <br /> <br /> Report on the "stares and use of the agency's Low and Moderate Income Homing Fund." Most infbrrnation reported here should <br /> be based on information reported to the State Controller. <br /> <br /> 1. Be~nning Balance (Use "Net Resources Available" from last year's HCD-C) $ 5,726,651 <br /> <br /> a. IfBe~,inmm, Balance reeuires adjustment(s), idemifv the reason and amount for each adiustment: <br /> U se <$> for negative amounts or amounts to be subtracted (837,858) <br /> Debt Proceeds $ <br /> Loan Receivable <br /> Land held for resale $ (964,700) <br /> <br /> b. Total Adjustment(s) (indicate whether positive or <negative>) $ (3,223,093) <br /> c. Adjusted Beginning Balance [Beginning Batance plus + or minus <-> Total Adjustmem(s)] $ 2,503,558 <br /> 2. Project Area(s) Receipts and Housing Fund Revenues <br /> a. All Project Areas. TotalDeposits[Sumofamoum(s)ffomLine3k,HCD-A(s)] $ 2,794,882 <br /> b. Other revenues not reported on Schedule HCD-A(s) [Identify source(s) and amount(s)]: <br /> $ <br /> $ <br /> $ <br /> c. Total Housing Fund Revenues $ 2,794,882 <br /> <br /> 5,298,440 <br /> 3. Total Resources (Line 1 c. + Line 2a + Line 2c.) $ <br /> <br /> NOTES: <br /> <br /> Many amounts Io report as Expenditures and Other Uses (beginning on the next page) should be taken from amounts reported <br /> to the State Controller's Office (SCO). Review the SCO's Redevelopment Agencies Financial Transactions Report. <br /> <br /> Transfers-out to other internal funds: Report the specific use of all transferred funds on applicable lines 4a.-k of Schedtde C. <br /> For example, transfers from the Housing Fund to the Debt Service Fund for the repayment of debt should be reported on the <br /> applicable item comprising HCD-C Line 4c, providing gross tax increment was reported on Sch-As. Any lransfers out of <br /> the Agency (for example: the transfer of excess surplus fimds to a county Housing Authority} should be reported on HCD-C <br /> Line 4j(2). <br /> <br /> Other Uses: Non-.QAAP (Generally Accepted Accounting _Principles) recording of expenditures such as land purchases for <br /> certain agencies using the Land Held for Resale method to record land purchases should be reported on HCD-C Line 4a(l ). <br /> Money spent on loans from the Housing Fund should be included in HCD-C lines 4b., 4f., 4g., 4h., and 4i as appropriate. <br /> <br /> Tile statlttor), cite pertahffng to Comt~tuniO, Redevelopment Law (CRL) is provided for preparel:~' to review to determh~e <br /> the ai¥1ropriatetless of Low ~md 3foderate [l~co,te Housfitg Fttnd (LM1HF) expenditures and other uses. HCD does <br /> trot represeltt that Ihte iteltls ident~htg any e~penditares alld other uses are a[lo~vable. CR£ is accessible oil the Itlterltet <br /> [webs#e: http://wv,~,v.lc~hlfo.ca.o~ov/(California Lcnvj] beginning with Section 33000 of the Health and Safety Coda <br /> <br /> Calilbrnia Rc'dcvclolm~cnt Agencies Fiscal Year 2000-200] [ ]CD-C <br /> Sch C (7/t;01) Page I o1'8 <br /> <br /> <br />