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6.1.F. - Page 110 CITY OF REDWOOD CITY,CALIFORNIA
<br /> GENERALFUND
<br /> COMPARATIVE BALANCE SHEET
<br /> JUNE 30,2012 AND 2011
<br /> 2012 2011
<br /> ASSETS $ $
<br /> Cash and investments available for operations 23,392,942 23,495,952
<br /> Receivables(net of allowance for uncollectibles):
<br /> Taxes and assessments-current 5,922,265 5,344,335
<br /> Accou nts 1,423,483 1,427,786
<br /> Loans 1,867,733 2,041,244
<br /> Accrued interest 144,261 219,854
<br /> Due from other governmental agencies 1,585,045 1,489,574
<br /> Inventory of supplies at cost 452 60,916
<br /> Prepaid expenditures 34,500 88,688
<br /> Investment in land held for redevelopment 3,331,208
<br /> Total Assets 34,370,681 37,499,557
<br /> LIABILITIES
<br /> Accounts payable 2,850,596 2,319,260
<br /> Accrued payroll 3,816,308 2,680,514
<br /> Deposits payable 5,172,992 5,305,890
<br /> Due to other funds 1,173,233 1,253,166
<br /> Unearned revenue 1,302,201 1,090,942
<br /> Accrued sick leave and vacation-current 230,798 42
<br /> Total Liabilities 14,546,128 12,649,814
<br /> FUND BALANCE
<br /> Nonspendable:
<br /> Loans 1,867,733 2,041,244
<br /> Land held for redevelopment 3,331,208
<br /> Inventory 452 60,916
<br /> Prepaid items 34,500 88,688
<br /> Committed to:
<br /> Maintenance of Sandpiper Park 284,142 552,962
<br /> Retiree medical benefits 77,336
<br /> General plan 267,498 233,759
<br /> Assigned to:
<br /> Otherpurposes 151,178 775,772
<br /> Unassigned:
<br /> City Council directed minimum balance 16,271,400 15,544,800
<br /> Residual balance 947,650 2,143,058
<br /> Total Fund Balance 19,824,553 24,849,743
<br /> Total Liabilities and Fund Balance 34,370,681 37,499,557
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