Laserfiche WebLink
<br />Redevelopment Agency of the City of Redwood City <br />Statenlent of Activities and Changes in Net Assets <br />For the year ended June 30,2008 <br /> <br />Expenses: <br />Conununity development $ 6,077,479 <br />Interest on long-tenn debt 2,384,172 <br />Total program expenses 8,461,651 <br />General Revenues and Transfers: <br />General Revenues; <br />Tax increments 10,903,619 <br />Intergovernmental 56,763 <br />InveSbnentear.nings 737,224 . <br /> = <br />Miscellaneous 49,450 <br />Transfers out to the City (21,462,437) <br />Total general revenues and transfers (9,715,381) <br />Change in net assets (18,177,032) <br />Net assets - beginning of year 10,582,393 <br />Net assets - end of year $ (7,594,639) <br /> <br />See accompanying Notes to Basic Financial Statements, <br /> <br />13 <br />