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<br />Redevelopment Agency of the City of Redwood City
<br />Required Supplementary Information
<br />Schedule of Revenues, Expenditures and Changes in Fund Balances -
<br />Budget and Actual Low and Moderate Income Housing 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 $ 1,656,800 $ 1,656,800 $ 1,856,496 $ 199,696
<br />Use of money and property 76,458 76,458 145,359 68,901
<br />Net increase (decrease) in fair value of investments 1,512 1,512
<br />~fficellaneousrevenue 144,820 144,820
<br />Total revenues 1,733,258 1,733,258 2,148,187 414,929
<br />EXPENDITURES:
<br />Community development 2,851,544 2,851,544 1,393,022 1,458,522
<br />Total expenditures 2,851,544 2,851,544 1,393,022 1,458,522
<br />REVENUES OVER (UNDER) EXPENDITURES (1,118,286) (1,118,286) 755,165 1,873,451
<br />OTHER FINANCING SOURCES (USES):
<br />Transfers (out) (286,893) (286,893) (286,281) 612
<br />Gain from sale of land held for redevelopment 230,991 230,991
<br />Total other financing sources (uses) (286,893) (286,893) (55,290) 231,603
<br />REVENUES AND OTHER FINANCING
<br />SOURCES OVER (UNDER) EXPENDITURES
<br />AND OTHER FINANCING USES $ (1,405,179) $ (1,405,179) 699,875 $ 2,105,054
<br />FUND BALANCES:
<br />Beginning of year 8,935,150
<br />End of year $ 9,635,025
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