Laserfiche WebLink
Annual and Five-Year Development Impact Fee Report <br />Fiscal Year Ending June 30, 2025 <br /> <br />City of Redwood City 20 <br /> <br />In-Lieu Fee Accounts <br />Downtown Parking In-Lieu <br />Table 13 Downtown Parking In-Lieu Account: Statement of Revenue, Expenditures, and <br />Changes in Account Balance for the Fiscal Year Ending June 30, 2025 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Description FY 2024-25 <br />REV ENUES <br />Fees - <br />Interest [1]382,514 <br />Deferred Revenue - <br />Other Revenue - <br />Total Revenues $382,514 <br />EXPENDITURES <br />Capital Improvements 52,776 <br />Loan Payments - <br />Other Expenditures 7,773 <br />Total Expenditures $60,549 <br />REVENUES OVER (UNDER) EXPENDITURES $321,965 <br />Account Balance, Beginning of Year [2]$9,568,306 <br />Account Balance, End of Year $9,890,271 <br />[1] Interest calculated on end of year balance. <br />[2] FY 2024-25 beginning of year balance is the end of year balance as <br />reported in FY 2023-24 AB 1600 Annual Report. <br />ATTY/RESO.0124/CC RESO ACCEPTING THE DEVELOPMENT IMPACT FEES REPORT FOR FISCAL YEAR 2024-25 - ATTACHMENT A <br />REV: 12-05-25 MI <br />