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<br />Redevelopment Agency of the City of Redwood City
<br />Required Supplementary Information
<br />Budget and Actual Redevelopnlent Agency Fund
<br />For the year ended June 30, 2008
<br />
<br /> Budget Amounts Variance
<br /> Original final Actual Over (Under)
<br />REVENUES:
<br />Tax increments $ 7,950,699 $ 7,950,699 $ 8,516,791 $ 566,092
<br />Use of money and property "85,525 85,525 242,083 156,558
<br />IntergovenunentaI 56,763 56,763 56,763
<br />Miscellaneous 14,200 25,290 11 ,090
<br />Total revenues 8,092,987 8,107,187 8,840,927 733,740
<br />EXPENDITUR ES:
<br />Current operations:
<br />Community development 4,577,841 4,688,341 4,535,676 P2,665
<br />Capital outlay 1,044,252 1,044,252 1,044,252
<br />Debt service:
<br />Principal 42,321 42,321 42,321
<br />Total expenditures 5,664A14 5,774,914 5,622,249 152,665
<br />REVENUES OVER (UNDER) EXPENDITURES 2,428,573 2,332,273 3,218,678 886,405
<br />OTHER FINANCING SOURCES (USES):
<br />Transfers (out) (1,800,608) (1,800,608) (1,809,155) (8,547)
<br />Total other financing sources (uses) (1,800,60S) (l,800,60S) (1,809,155) ! (8,547)
<br />REVENUES AND OTHER FINANCING
<br />SOURCES OVER (UNDER) EXPENDITURES
<br />AND OTHER FINANCING USES $ 627,965 $ 531,665 1,409,523 $ 877,858
<br />FUND BALANCES:
<br />Beginning of year 1,040,310
<br />End of year $ 2,44.9,833
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