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Redevelopment Agency of the City of Redwood City
<br /> Balance Sheet
<br /> June 30,2007
<br /> Public
<br /> Financing
<br /> Low and 1997 Tax 2003 Tax Authority
<br /> Moderate Allocation Allocation Series B
<br /> Redevelopment Income Refunding Bonds Construction
<br /> Agency Housing Bonds Fund Fund Fund Total
<br /> ASSETS
<br /> Cash and investments:
<br /> Available for operations $ 1,516,291 $ 4,131,523 $ - $ - $ - $ 5,647,814
<br /> Restricted 2,409,739 346,357 1,659,033 7,482 - 4,422,611
<br /> Receivables:
<br /> Accounts Receivable - 6,360 - - - 6,360
<br /> Due from other governments - - - - -
<br /> Accrued interest 42,548 33,596 52,149 26 - 128,319
<br /> Loans 1,263,440 5,124,219 - - - 6,387,659
<br /> Investment in land held
<br /> for redevelopment 293,106 2,688,660 - - - 2,981,766
<br /> Deposits - - - - - -
<br /> Total assets $ 5,525,124 $ 12,330,715 $ 1,711,182 $ 7,508 $ - $ 19,574,529
<br /> LIABILITIES AND
<br /> FUND EQUITY
<br /> Liabilities:
<br /> Accounts payable $ 1,481,835 $ 500,520 $ - $ - $ - $ 1,982,355
<br /> Deposits payable 2,979 68,291 - - - 71,270
<br /> Advances from the City 3,000,000 - - - - 3,000,000
<br /> Total liabilities 4,484,814 568,811 - - - 5,053,625
<br /> Fund Equity:
<br /> Reserved for:
<br /> Encumbrances 612,722 12,460 - - - 625,182
<br /> Loans receivable 1,263,440 4,624,219 - - - 5,887,659
<br /> Land held for redevelopment 293,106 2,688,660 - - - 2,981,766
<br /> Low and moderate income
<br /> housing - 2,318,723 - - 2,318,723
<br /> Debt service - - 1,711,182 7,508 - 1,718,690
<br /> Unreserved,Designated,report in:
<br /> Future years'expenditures - 2,093,274 - - - 2,093,274
<br /> Unreserved,Undesignated,report in:
<br /> Special Revenue Funds (1,128,958) 24,568 - - - (1,104,390)
<br /> Total fund equity 1,040,310 11,761,904 1,711,182 7,508 - 14,520,904
<br /> Total liabilities and fund equity $ 5,525,124 $ 12,330,715 $ 1,711,182 $ 7,508 $ - $ 19,574,529
<br /> See accompanying Notes to Basic Financial Statements.
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