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6.1. B. - Page 171 FUND FINANCIAL STATEMENTS <br /> The Pedevelopment Agency of the City of Redwood City determined all its funds to be major funds in fiscal <br /> year 2011. <br /> Redez�elop2�ierit Agenc� F�tnd <br /> This fwld accowlts for funds to be provided by loans and/or property tax ulcrement from specific <br /> redevelopment areas for redevelopment projects withi�l those areas. <br /> Low arrr� Mo�erate Inco�ne Honsing Fnn� <br /> This fund accounts for redevelo�ment property tax increment revenues which may be used st�ictly <br /> for low and inoderate income housuzg. <br /> 2003 Tax Allocation Borir�s Funr� <br /> This fund accowlts for bonds issued in 2003 to finance various downtown improvements by the <br /> Redevelopment Agency. <br /> 15 <br />