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City of Redwood City 6.1. B. - Page 12 <br /> Redwood City, California <br /> Comprehensive Annual Financial Report <br /> Fiscal Year Ended June 30, 2011 <br /> TABLE OF CONTENTS <br /> I. INTRODUCTORY SECTION Pa�e <br /> Finance Director's Letter of Transmittal .............................................................................................................. i <br /> GFOA Certificate of Achievement for Excellence in Financial Reporting ............................................................. vii <br /> Nameof Principal Officials ................................................................................................................................... viii <br /> Names of Finance Department Staff .................................................................................................................... ix <br /> OrganizationCharts ............................................................................................................................................. x <br /> City of Redwood City Core Purpose ..................................................................................................................... xii <br /> II. FINANCIAL SECTION <br /> A. Independent Auditor's Report on Basic Financial Statements ................................................................... 1 <br /> B. Management's Discussion and Analysis ..................................................................................................... 3 <br /> C. Basic Financial Statements: <br /> Government-wide Financial Statements: <br /> Statementof Net Assets ............................................................................................................... 16 <br /> Statementof Activities .................................................................................................................. 17 <br /> Fund Financial Statements: <br /> Major Governmental Funds: <br /> Balance ......................................................................................................................... 20 <br /> Reconciliation of the Governmental Funds — Balance Sheet <br /> With the Statement of Net Assets ............................................................................. 21 <br /> Statement of Revenues, Expenditures, and Changes in Fund Balance .................................. 22 <br /> Reconciliation of the Net Change in Fund Balances — <br /> Total Governmental Funds with the Statement of Activities .................................... 23 <br /> Major Proprietary Funds: <br /> Statementof Net Assets ......................................................................................................... 25 <br /> Statement of Revenues, Expenses, and Changes in Fund Net Assets .................................... 26 <br /> Combining Statement of Cash Flows Increase (Decrease) <br /> in Cash and Cash Equivalents .................................................................................... 27 <br /> Fiduciary Funds: <br /> Statement of Fiduciary Net Assets ......................................................................................... 28 <br /> Notes to Financial Statements ................................................................................................................... 29 <br />