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<br />Redevelopment Agency of the City of Redwood City
<br />Required Supplementary Information
<br />Budget and Actual Low and Moderate Income Housing 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 $ 2,252,387 $ 2,252,387 $ 2,386,828 $ 134,441
<br />Use of money and property 146,624 146,624 370,866 224,242
<br />Miscellaneous revenue 24,160 24,160
<br />Total revenues 2,399,011 2,399,011 2,781,854 382,843
<br />EXPENDITURES:
<br />Community development 2,037,742 2,037,742 1,324,924 - 112,818
<br />Total expenditures 2,037,742 2,037,742 1,324,924 712,818
<br />REVENUES OVER (UNDER) EXPENDITURES 361,269 361,269 1,4.56,930 1,095,661
<br />OTHER FINANCING SOURCES (USES):
<br />Transfers (out) (285,349) (285,349) (288,248) (2,899)
<br />Total other financing sources (uses) (285,349) (285,349) (288,248) (2,899)
<br />REVENUES AND OTHER FINANCING
<br />SOURCES OVER (UNDER) EXPENDITURES
<br />AND OTHER FINANCING USES $ 75,920 $ 75,920 1,168,682 $ 1,092,762
<br />FUND BALANCES:
<br />Beginning of year 11,761,904
<br />End of year $ 12,930,586
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