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6.1 B - Attachment No. 4
<br /> CITY OF REDWOOD CITY,CALIFORNIA
<br /> GENERAL FUND
<br /> COMPARATIVE BALANCE SHEET
<br /> JUNE 30,2009 AND 2008
<br /> 2009 2008
<br /> ASSETS $ $
<br /> Cash and investments available for operations 40,611,643 44,217,984
<br /> Receivables(net of allowance for uncollectibles):
<br /> Taxes and assessments-current 3,904,453 5,310,094
<br /> Accounts 1,460,788 1,360,831
<br /> Loans 2,494,920 2,672,591
<br /> Accrued interest 772,652 866,018
<br /> Due from other governmental agencies 1,080,161 1,342,690
<br /> Inventory of supplies at cost 559 664
<br /> Prepaid expenditures 6,350 475,103
<br /> Total Assets 50,331,526 56,245,975
<br /> LIABILITIES
<br /> Accounts payable 2,200,792 2,297,726
<br /> Accrued payroll 2,371,095 1,878,520
<br /> Deposits payable 5,614,007 4,992,219
<br /> Defened revenue 42,346 70,124
<br /> Unearned revenue 1,007,789 552,149
<br /> Accrued sick leave and vacation-current 354
<br /> Total Liabilities 11,236,029 9,791,092
<br /> FUND BALANCE
<br /> Reserved for encumbrances 2,129,163 2,405,791
<br /> Reserved for loans 2,494,920 2,672,591
<br /> Reserved for inventory 559 664
<br /> Reserved for prepaid expenditures 6,350 475,103
<br /> Unreserved
<br /> Designated for subsequent years expenditures 18,782,793 23,881,645
<br /> Designated for capital projects 9,211,205 10,134,332
<br /> Designated for street projects 3,340,548 3,340,566
<br /> Designated for Sandpiper Park 1,047,893 1,275,527
<br /> Designated for library bequest 84,533 78,064
<br /> Designated for general plan 166,705 151,665
<br /> Designated for retiree medical benefits 1,163,498 1,453,747
<br /> Designated for unrealized gain 667,330 585,188
<br /> Total Fund Balance 39,095,497 46,454,883
<br /> Total Liabilities and Fund Balance 50,331,526 56,245,975
<br /> 68
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