|
<br />Redevelopment Agency of the City of Redwood City
<br />Balance Sheet
<br />All Governmental Fund Types
<br />June 30, 2005
<br /> Low and
<br /> Moderate
<br /> Low and 1997 Tax 2003 Tax Income
<br /> Moderate Allocation Allocation Housing
<br /> Redevelopment Income Refunding Bonds Projects
<br /> Agency Housing Bonds Fund Fund Bonds Fund Total
<br />ASSETS
<br />Cash and investments:
<br />Available for operations $ 10,946,231 $ 4,561,219 $ $ $ $ 15,507,450
<br />Restricted 9,946,395 255,524 1,555,305 870,390 156,280 12,783,894
<br />Receivables:
<br />Accrued interest 98,929 30,473 49,045 2,429 180,876
<br />Loans 1,257,778 2,874,183 4,131,961
<br />Investment in land held for
<br />for redevelopment 293,106 2,092,138 2,385,244
<br />Deposits 15,000 15,000
<br />Total assets $ 22,542,439 $ 9,828,537 $ 1,604,350 $ 872,819 $ 156,280 $ 35,004,425
<br />LIABILITIES AND FUND EQUITY
<br />Liabilities:
<br />Accounts payable $ 1,373,543 $ 9,037 $ 2,350 $ $ $ 1,384,930
<br />Deposits payable 2,979 61,019 63,998
<br />Deferred revenue 11,643 123,456 135,099
<br />Advances from other funds 3,051,157 3,051,157
<br />Total liabilities 4,439,322 193,512 2,350 4,635,184
<br />Fund Equity:
<br />Reserved for:
<br />Encumbrances 11,552,671 16,059 11,568,730
<br />Loans receivable 1,246,135 2,750,727 3,9%,862
<br />Land held for redevelopment 293,106 2,092,138 2,385,244
<br />Low and moderate income
<br />housing 2,659,252 2,659,252
<br />Debt service 1,602,000 872,819 2,474,819
<br />Unreserved, report in:
<br />Special revenue funds 5,011,205 5,011,205
<br />Capital projects fund 2,116,849 156,280 2,273,129
<br />Total fund equity 18,103,117 9,635,025 1,602,000 872,819 156,280 30,369,241
<br />Total liabilities and fund equity $ 22,542,439 $ 9,828,537 $ 1,604,350 $ 872,819 $ 156,280 $ 35,004,425
<br />
<br />See accompanying Notes to Basic Financial Statements.
<br />
<br />14
<br />
|