|
<br />Redevelopment Agency of the City of Redwood City
<br />Statement of Net Assets
<br />June 30, 2005
<br />
<br />ASSETS
<br />
<br />Current assets:
<br />Cash and investment
<br />Accrued interest receivable
<br />Deposits
<br />
<br />$ 15,507,450
<br /> 180,876
<br /> 15,000
<br /> 15,703,326
<br /> 12,783,894 ..
<br /> 4,131,961
<br /> 2,385,244
<br /> 1,338,241
<br /> 20,909,608
<br /> 3,951,298
<br /> 24,860,906
<br /> 45,500,246
<br /> 61,203,572
<br />
<br />Total current assets
<br />
<br />Noncurrent assets:
<br />Restricted cash and investment
<br />Loans receivable
<br />Investment in land held for redevelopment
<br />Deferred charges
<br />Capital assets:
<br />Non-depreciable
<br />Depreciable, net
<br />
<br />Total capital assets, net
<br />
<br />Total noncurrent assets
<br />
<br />Total assets'
<br />
<br />LIABILITIES
<br />
<br />Current liabilities:
<br />Accounts payable
<br />Accrued interest payable
<br />Deposits payable
<br />Advances from other funds
<br />Long-term debt - due in one year
<br />
<br />Total current liabilities
<br />
<br />1,384,930
<br />502,080
<br />63,998
<br />3,051,157
<br />1,178,092
<br />
<br />6,180,257
<br />
<br />Noncurrent liabilities:
<br />Long-term debt - due in more than one year
<br />
<br />Total noncurrent liabilities
<br />
<br />44,854,633
<br />44,854,633
<br />
<br />Total liabilities
<br />
<br />51,034,890
<br />
<br />NET ASSETS
<br />
<br />Investment in capital assets, net of related debt
<br />Restricted for:
<br />Debt service
<br />Capital projects
<br />Community development projects
<br />Low and moderate income housing
<br />
<br />Total restricted net assets
<br />
<br />(10,854,979)
<br />
<br />2,474,819
<br />153,188
<br />6,812,013
<br />11,583,641
<br />
<br />21,023,661
<br />
<br />Total net assets
<br />
<br />$
<br />
<br />10,168,682
<br />
<br />See accompanying Notes to Basic Financial Statements.
<br />
<br />10
<br />
|