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<br />CITY OF REDWOOD CITY, CALIFORNIA <br />N ON - MAlO R GOVERNMENT AL FUND S <br />COMBINING STATEMENT OF REVENUES, EXPENDITURES <br />AND CHANGES IN FUND BALANCES <br />FOR THE YEAR ENDED JUNE 30, 2004 <br /> <br />DEBT SERVICE FUNDS <br /> <br />GID 1-64 GID 1-64 Public Financing 1997 Tax 2003 Tax 1998 Lease <br />Reclamation Facilities Authority Allocation Allocation Revenue <br />Bonds Bonds Bonds Refunding Bonds Refunding <br />Fund Fund Fund Bonds Fund Fund Bonds Fund <br />$ $ $ $ $ $ <br />REVENUES <br /> <br />Property taxes/special assessments <br />Fines, forfeitures and penalties <br />Use of money and property <br />Net increase (decrease) in fair value of investments <br />Intergovernmental <br />Developers contributions <br />Charges for current services <br />Other <br /> <br />647,379 <br /> <br />1,348,692 <br /> <br />10,134 <br />(9,142) <br /> <br />6,296 <br />( 5,680) <br /> <br />905,277 <br />(31,812) <br /> <br />95,525 <br /> <br />5,041 <br /> <br />1,220,091 <br />(58,128) <br /> <br />Total Revenues <br /> <br />648,371 <br /> <br />1,349,308 <br /> <br />873,465 <br /> <br />95,525 <br /> <br />5,041 <br /> <br />1,161,963 <br /> <br />EXPENDITURE S <br />Current Operations: <br />Community development <br />Public safety <br />Transportation <br />Environmental support and protection <br />Capital outlay <br />Debt service: <br /> <br />Principal retirement <br />Interest and fiscal charges <br />Bond issuance costs <br /> <br />515,000 <br />148,825 <br /> <br />1,035,000 <br />323,421 <br /> <br />675,000 <br />454,578 <br />322,903 <br /> <br />1,010,000 <br />515,800 <br /> <br />250 <br />177,992 <br /> <br />810,000 <br />410,562 <br /> <br />Total Expenditures <br /> <br />663,825 <br /> <br />1,358,421 <br /> <br />1,452,481 <br /> <br />1,525,800 <br /> <br />178,242 <br /> <br />1,220,562 <br /> <br />EXCESS (DEFICIENCY) OF REVENUES <br />OVER EXPENDITURES <br /> <br />(15,454) <br /> <br />(9,113) <br /> <br />(579,016) <br /> <br />(1,430,275) <br /> <br />(173,201) <br /> <br />( 58,599) <br /> <br />OTHER FINANCING SOURCES (USES) <br />Transfers in <br /> <br />7,089,573 <br /> <br />1,430,274 <br /> <br />1,039,052 <br />(10,857) <br /> <br />Transfers ( out) <br />Contribution from property owners, bond proceeds <br />Payment to bond refunding escrow agent <br /> <br />(6,725,000) <br /> <br />Total Other Financing Sources (Uses) <br /> <br />364,573 <br /> <br />1,430,274 <br /> <br />1,028,195 <br /> <br />Net change in fund balances <br /> <br />(15,454) <br /> <br />(9,113) <br /> <br />(214,443) <br /> <br />(1) <br /> <br />854,994 <br /> <br />( 58,599) <br /> <br />Fund balances at the beginning of period <br /> <br />642,126 <br /> <br />798,287 <br /> <br />1,308,834 <br /> <br />1,589,438 <br /> <br />1,313,022 <br /> <br />FUND BALANCES AT END OF PERIOD <br /> <br />626,672 <br /> <br />789,174 <br /> <br />1,094,391 <br /> <br />1,589,437 <br /> <br />854,994 <br /> <br />1,254,423 <br /> <br />See accompanying notes to financial statements <br /> <br />74 <br />