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City of Redwood City
<br />Notes to the Basic Financial Statements (Continued)
<br />For the Year Ended June 30, 2025
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<br />Note 4 – Lease Receivable (Continued)
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<br />B. Business-Type Activities (Continued)
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<br />As of June 30, 2025, the required payments for these leases, including interest, are:
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<br />Year Ending
<br />June 30, Principal Interest Total
<br />2026 1,083,244$ 401,360$ 1,484,604$
<br />2027 1,121,770 362,834 1,484,604
<br />2028 1,132,077 323,007 1,455,084
<br />2029 1,070,444 284,764 1,355,208
<br />2030 1,108,515 246,693 1,355,208
<br />2031-2035 5,169,789 660,568 5,830,357
<br />2036-2038 1,274,915 58,090 1,333,005
<br />Total 11,960,754$ 2,337,316$ 14,298,070$
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<br />Note 5 – Interfund Receivables, Payables, and Transfers
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<br />A. Due To / From Other Funds
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<br />Amounts due to and due from other funds at June 30, 2025, were as follows:
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<br />Receivable Fund Payable Fun d Amount Purpose
<br />General Fund Traffic Safety Special Revenue Fund 889,316$ Overdrawn Cash
<br />Redwood Shores Landscape
<br />General Fund Maintenance Special Revenue Fund 16,531 Overdrawn Cash
<br />General Fund Planning Cost Recovery Special Revenue Fund 787,400 Overdrawn Cash
<br />General Fund Parks Impact and In-Lieu Fee Capital Projects Fund 178,004 Overdrawn Cash
<br />Total 1,871,251$
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<br />7.C. - Page 120 of 269
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