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<br />CITY OF REDWOOD CITY, CALIFORNIA <br />GENERAL FUND <br />COMP ARA TIVE BALANCE SHEET <br />JUNE 30, 2005 AND 2004 <br /> <br />ASSETS <br />Cash and investments available for operations <br />Receivables (net of allowance for uncollectibles): <br />Taxes and assessments - current <br /> <br />2005 <br />$ <br />38,206,461 <br /> <br />2004 <br />$ <br />37,614,194 <br /> <br />Accounts <br />Loans <br />Accrued interest <br />Due ITom other governmental agencies <br />Inventory of supplies at cost <br />Advances to other funds <br />Prepaid expenditures <br /> <br />5,062,530 <br />1,135,426 <br />3,126,426 <br />809,867 <br />894,128 <br />115 <br />90,700 <br />11,375 <br /> <br />4,738,888 <br />1,071,317 <br />3,248,570 <br />634,772 <br />1,31 1,846 <br />256,001 <br />90,700 <br />11,128 <br /> <br />Total Assets <br /> <br />49,337,028 <br /> <br />48,977,416 <br /> <br />LIAB ILITIES <br /> <br />Accounts payable <br />Accrued payroll <br />Deposits payable <br />Deferred revenue <br />Accrued sick leave and vacation - current <br /> <br />2,133,372 <br />2,930,721 <br />3,344,473 <br />877,922 <br />1,453,747 <br /> <br />1,813,897 <br />2,695,501 <br />3,378,323 <br />688, I 79 <br />1,529,612 <br /> <br />Total Liabilities <br /> <br />10,740,235 <br /> <br />10,105,512 <br /> <br />FUND BALANCE <br /> <br />Reserved for encumbrances <br />Reserved for loans <br />Reserved for inventory <br />Reserved for prepaid expenditures <br />Reserved for advance to other funds <br /> <br />736,447 <br />3,126,426 <br />115 <br />11,375 <br />90,700 <br />250,000 <br /> <br />676,810 <br />3,248,570 <br />256,001 <br />11,128 <br />90,700 <br />250,000 <br /> <br />General reserve <br />Unreserved <br />Designated for subsequent years expenditures <br />Designated for capital projects <br />Designated for street projects <br />Designated for Sandpiper Park <br />Designated for library bequest <br /> <br />17,971,626 <br />10,674,913 <br />3,791,572 <br />1,887,386 <br />56,233 <br /> <br />16,948,410 <br />11,342,959 <br />3,926,546 <br />2,069,749 <br />51,031 <br /> <br />Total Fund Balance <br /> <br />38,596,793 <br /> <br />38,871,904 <br /> <br />Total Liabilities and Fund Balance <br /> <br />49,337,028 <br /> <br />48,977,416 <br /> <br />64 <br />