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CITY OF REDWOOD CITY, CALIFORNIA 6.1. B. - Page 100
<br /> GENERALFUND
<br /> COMPARATIVE BALANCE SHEET
<br /> JUNE 30, 2011 AND 2010
<br /> 2011 2010
<br /> ASSETS $ $
<br /> Cash and investments available for operations 23,495,952 24,537,778
<br /> Receivables (net of allowance for uncollectibles):
<br /> Taxes and assessments - current 5,344,335 5,380,290
<br /> Accounts 1,427,786 1,305,177
<br /> Loans 2,041,244 2,255,859
<br /> Accrued interest 219,854 409,584
<br /> Due from other governmental agencies 1,489,574 998,170
<br /> Inventory of supplies at cost 60,916 1,194
<br /> Prepaid expenditures 88,688 23,700
<br /> Investment in land held for redevelopment 3,331,208
<br /> Total Assets 37,499,557 34,911,752
<br /> LIABILITIES
<br /> Accounts payable 2,319,260 2,104,820
<br /> Accrued payroll 2,680,514 2,444,789
<br /> Deposits payable 5,305,890 4,534,264
<br /> Due to other funds 1,253,166
<br /> Unearned revenue 1,090,942 1,093,671
<br /> Accrued sicl< leave and vacation - current 42 10,237
<br /> Total Liabilities 12,649,814 10,187,781
<br /> FUND BALANCE
<br /> Nonspendable:
<br /> Loans 2,041,244 2,255,859
<br /> Land held for redevelopment 3,331,208
<br /> Inventory 60,916 1,194
<br /> Prepaid items 88,688 23,700
<br /> Committed to:
<br /> Maintenance of Sandpiper Parl< 552,962 807,285
<br /> Retiree medical benefits 77,336 700,310
<br /> General plan 233,759 188,297
<br /> Assigned to:
<br /> Library bequest 89,712
<br /> Capital projects 1,206,498
<br /> Other purposes 775,772 1,091,127
<br /> Unassigned:
<br /> City Council directed minimum balance 15,544,800 15,410,000
<br /> Residual balance 2,143,058 2,949,989
<br /> Total Fund Balance 24,849,743 24,723,971
<br /> Total Liabilities and Fund Balance 37,499,557 34,911,752
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