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CITY OF REDWOOD CITY, CALIFORNIA 6.1.B. - Page 94
<br /> REDEVELOPMENT AGENCY FUND
<br /> SCHEDULE OF REVENUES, EXPENDITURES
<br /> AND CHANGES IN FUND BALANCES
<br /> BUDGET AND ACTUAL
<br /> FOR THE YEAR ENDED JUNE 30, 2011
<br /> Variance with
<br /> Budgeted Amounts Final Budget
<br /> Positive
<br /> Original Final Actual Amounts (Negative)
<br /> $ $ $ $
<br /> Fund balance, July 1 (348,543) (348,543) (348,543)
<br /> Resources (inflows):
<br /> Property taxes/special assessments 7,830,992 7,830,992 7,684,060 (146,932)
<br /> Use of money and property 3,800 3,800 69,618 65,818
<br /> Contributions 32,780 32,780 157,636 124,856
<br /> Other
<br /> Amounts available for appropriation 7,867,572 7,867,572 7,911,314 43,742
<br /> Charges to appropriations (outflows)
<br /> Current Operations:
<br /> Community development 7,506,659 7,681,659 6,139,550 1,542,109
<br /> Capital outlay 23,339 23,339 23,339
<br /> Debt service:
<br /> Principal retirement 42,321 42,321 42,321
<br /> Total charges to appropriations 7,572,319 7,747,319 6,205,210 1,542,109
<br /> OTHER FINANCING SOURCES (USES)
<br /> Transfers (out) (1,860,713) (3,095,113) (1,862,063) 1,233,050
<br /> Sale of capital assets 30 30
<br /> Loss on sale of land held for redevelopment (293,096) (293,096)
<br /> Total Other Financing Sources (Uses) (1,860,713) (3,095,113) (2,155,129) 939,984
<br /> Fund balance, June 30 (1,914,003) (3,323,403) (797,568) 2,525,835
<br /> 68
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