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6.1.B. - Page 95 CITY OF REDWOOD CITY, CALIFORNIA
<br /> LOW AND MODERATE INCOME HOUSING 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 19,078,093 19,078,093 19,078,093
<br /> Resources (inflows):
<br /> Property taxes/special assessments 4,587,193 4,587,193 4,416,733 (170,460)
<br /> Use of money and property 103,000 103,000 122,785 19,785
<br /> Charges for services 30 30
<br /> Other 800 800
<br /> Amounts available for appropriation 4,690,193 4,690,193 4,540,348 (149,845)
<br /> Charges to appropriations (outflows):
<br /> Current Operations:
<br /> Community development 1,630,504 1,630,504 1,142,636 487,868
<br /> Total charges to appropriations 1,630,504 1,630,504 1,142,636 487,868
<br /> OTHER FINANCING SOURCES (USES)
<br /> Transfers(out) (308,600) (372,339) (63,739)
<br /> Loss on sale of land held for redevelopment (3,038,072) (3,038,072)
<br /> Total OtherFinancing Sources(Uses) (308,600) (3,410,411) (3,101,811)
<br /> Fund balance, June 30 22,137,782 21,829,182 19,065,394 (2,763,788)
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