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City of Redwood City
<br />Required Supplementary Information (Unaudited) (Continued)
<br />Budgetary Comparison Schedules – General Fund (Continued)
<br />For the Year Ended June 30, 2025
<br />
<br />133
<br />Variance with
<br />Final Budget
<br />Actual Favorable/
<br />Original Final Amounts (Unfavorable)
<br />Capital outlay 249,545 249,545 249,545 -
<br />Debt Service:
<br />Principal 180,446 180,446 180,445 1
<br />Interest and fiscal charges 2,973 2,973 2,973 -
<br />Total expenditures 184,885,866 205,962,839 185,843,331 20,644,759
<br />REVENUES OVER (UNDER) EXPENDITURES 6,133,536 (4,178,635) 23,290,828 (13,294,804)
<br />OTHER FINANCING SOURCES (USES):
<br />Inception of subscription liability 245,336 245,336 245,336 -
<br />Transfers in 2,678,285 2,678,285 2,678,285 -
<br />Transfers out (28,517,094) (28,517,094) (28,517,094) -
<br />Total other financing sources (uses)(25,593,473) (25,593,473) (25,593,473) -
<br />Net change in fund balance (19,459,937) (29,772,108) (2,302,645) 27,469,463
<br />FUND BALANCE:
<br />Beginning of year, as restated (Note 19)127,936,194
<br />End of year 125,633,549$
<br />Budgeted Amounts
<br />
<br />7.C. - Page 165 of 269
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