|
<br />CITY OF REDWOOD CITY, CALIFORNIA
<br />BUDGETED NON-MAJOR FUNDS
<br />COMBINING SCHEDULE OF REVENUES, EXPENDITURES
<br />AND CHANGES IN FUND BALANCES
<br />BUDGET AND ACTUAL
<br />FOR THE FISCAL YEAR ENDED JUNE 30, 2003
<br />
<br /> 1997 TAX ALLOCATION 2003 TAX ALLOCATION
<br /> REFUNDING BONDS FUND BONDS FUND
<br /> Variance with Variance with
<br /> Final Budget Final Budget
<br /> Positive Positive
<br /> Budget Actual (Negative) Budget Actual (Negative)
<br /> $ $ $ $ $ $
<br />REVENUES
<br />Property taxes/special assessments
<br />Fines, forfeitures and penalties
<br />Use of money and property 100,000 95,525 (4,475) 5,041 5,041
<br />Net increase (decrease) in fair value of investments
<br />Intergovernmental
<br />Developers contributions
<br />Charges for current services
<br />Other
<br />Total Revenues 100,000 95,525 (4,475) 5,041 5,041
<br />EXPENDITURES
<br />Current operations:
<br />Community development
<br />Public safety
<br />Transportation
<br />Environmental support and protection
<br />Debt service:
<br />Principal retirement 1,010,000 1,010,000
<br />Interest and fiscal charges 515,800 515,800 250 (250)
<br />Bond issuance costs 177,992 (177,992)
<br />Total Expenditures 1,525,800 1,525,800 178,242 (178,242)
<br />EXCESS (DEFICIENCY) OF REVENUES
<br />OVER EXPENDITURES (1,425,800) (1,430,275) (4,475) (173,201) (173,201)
<br />OTHER FINANCING SOURCES (USES)
<br />Transfers in 1,421,450 1,430,274 8,824 1,039,052 1,039,052
<br />Transfers (out) (10,857) (10,857)
<br />Contribution from property owners, bond proceeds
<br />Payment to bond refunding escrow agent
<br />Total Other Financing Sources (Uses) 1,421,450 1,430,274 8,824 1,028,195 1,028,195
<br />EXCESS (DEFICIENCY) OF REVENUES AND
<br />OTHER SOURCES OVER EXPENDITURES
<br />AND OTHER USES (4,350) (1) 4,349 854,994 854,994
<br />
<br />Adjustments to budgetary basis:
<br />Capital outlay
<br />
<br />Funds not budgeted: GID 1965 Construction,
<br />Public Financing Authority Series B Construction
<br />Shores Transportation Improvement District
<br />Pacific Shores Community Facilities District
<br />
<br />Fund balances at beginning of year
<br />
<br />1,589,438
<br />
<br />Fund balances at end of year
<br />
<br />1,589,437
<br />
<br />854,994
<br />
<br />82
<br />
|