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Redevelopment Agency of the City of Redwood City 6.1. B. - Page 168
<br /> Statement of Net Assets
<br /> For the year ended June 30, 2011
<br /> ASSETS
<br /> Current assets:
<br /> C�lsh �u1d nlvestment $ 1�,705,0�6
<br /> Accotults receiv�lble 22,�8�
<br /> Accrued niterest receiv�lble 76-�,-�10
<br /> Prep�lids 3,900
<br /> Tot�ll current �lssets 15,�95,8�0
<br /> Noncurrent assets:
<br /> Restricted c�sh and nlvestinent 1,680,000
<br /> Lo�utis receivable 5,705,0�7
<br /> Deferred ch�lrges 1,051,�76
<br /> C�lpital assets:
<br /> Non-depreci�lble 12�,839
<br /> Depreci�lble, net 16,2�4,755
<br /> Tot�ll capital �ssets, net 16,369,597
<br /> Tot�ll noncurrent �lssets 2-4,806,L0
<br /> Totalassets �0,301,960
<br /> LIABILITIES
<br /> Current li<ibilities:
<br /> Acmtults p�ly�zble 1,�02,566
<br /> Accrued niterest pay�lble 280,308
<br /> Deposits p�y�lble �8,510
<br /> Advances hroin the City 2,397,575
<br /> Long-terin debt - due n1 one year 1,338,092
<br /> Tot�ll current liabilities . 5,�67,051
<br /> Noncurrent liabilities:
<br /> Lonb terin debt - due n1 more th�u1 one year �2,513,-�23
<br /> Tot�ll noncurrent li�lbilities �2,513,�23
<br /> Total liabilities �7,980,47�
<br /> NET ASSETS/ DEFICIT
<br /> Investment n1 capital assets, net of rel�lted debt (17,16�,�65)
<br /> Restricted for:
<br /> Low and moder�lte ulcome housnlg 19,065,39-4
<br /> Tot�ll restricted net �lssets 19,065,39-�
<br /> Unrestricted deficit (9,579,��3)
<br /> Net assets� deficit $ (7,678,51�)
<br /> See accomp�ulynlg Notes to B�lsic Fnl�lnci�ll Statements.
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