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<br />Redevelopment Agency of the City of Redwood City
<br />
<br />Required Supplementary Information
<br />
<br />Schedule of Revenues, Expenditures and Changes in Fund Balances -
<br />
<br />Budget and Actual Redevelopment Agency Fund
<br />For the year ended June 30, 2005
<br />
<br /> Budget Amounts Variance
<br /> Original Final Actual Over (Under)
<br />REVENUES:
<br />Tax increments $ 6,052,026 $ 6,052,026 $ 6,404,456 $ 352,430
<br />Use of money and property 426,106 426,106 602,815 176,709
<br />Net increase (decrease) in fair value of investments (1,663) (1,663)
<br />Contributions 7,500,000 7,500,000 8,457,130 957,130
<br />Total revenues 13,978,132 13,978,132 15,462,738 1,484,606
<br />EXPENDITURES:
<br />Community development 4,330,843 4,330,843 4,082,148 248,695
<br />Capital outlay 7,507,298 7,507,298 7,507,298
<br />Debt service:
<br />Principal 42,321 42,321 42,321
<br />Total expenditures 11,880,462 11,880,462 11,631,767 248,695
<br />REVENUES OVER (UNDER) EXPENDITURES 2,097,670 2,097,670 3,830,971 1,733,301
<br />OTHER FINANCING SOURCES (USES):
<br />Transfers in
<br />Transfers (out) (1,940,501) (1,940,501) (1,937,792) 2,709
<br />Transfer to other City funds (8,500,000) (8,500,000) (8,500,000)
<br />Contributions to other City funds (2,600,000) (2,600,000)
<br />Total other financing sources (uses) (10,440,501) (13,040,501) (13,037,792) 2,709
<br />REVENUES AND OTHER FINANCING
<br />SOURCES OVER (UNDER) EXPENDITURES
<br />AND OTHER FINANCING USES $ (8,342,831) $ (10,942,831) (9,206,821) $ 1,736,010
<br />FUND BALANCES:
<br />Beginning of year 27,309,938
<br />End of year $ 18,103,117
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