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Agda Pkt 2026.07.27 Joint SA PFA
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Agda Pkt 2026.07.27 Joint SA PFA
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Last modified
7/28/2026 2:11:26 PM
Creation date
7/28/2026 2:02:06 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
7/27/2026
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Successor Agency <br />Private Purpose Custodial <br />Trust Fund Funds <br />ASSETS <br />Cash and investments 3,561,496$ 2,290,013$ <br />Restricted cash and investments 1,737,812 1,080,712 <br />Accounts receivable - 36,628 <br />Interest receivable 5,233 3,339 <br />Prepaid items - 37,717 <br />Capital asset, not being depreciated 2,560,739 - <br />Capital asset, being depreciated, net 9,009,038 - <br /> Total assets 16,874,318 3,448,409 <br />DEFERRED OUTFLOWS OF RESOURCES <br />Deferred loss on refunding 248,528 - <br />Total deferred outflows of resources 248,528 - <br />LIABILITIES <br />Accounts payable 22 602,304 <br />Accrued payroll - - <br />Long-term debt - due within one year 2,347,398 - <br />Long-term debt - due in more than one year 21,008,721 - <br /> Total liabilities 23,356,141 602,304 <br />NET POSITION (DEFICIT) <br />Restricted for: <br />Individuals, organizations, and other governments - 2,846,105 <br />Held in trust for dissolution of RDA (6,233,295) - <br /> Total net position (deficit)(6,233,295)$ 2,846,105$ <br />City of Redwood City <br />Statement of Fiduciary Net Position <br />Fiduciary Funds <br />June 30, 2025 <br />See accompanying Notes to the Basic Financial Statements. <br />53 <br />7.C. - Page 85 of 269 <br />104
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