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CITY OF REDWOOD CITY, CALIFORNIA 7.1.G. - Page 54 <br /> GOVERNMENTAL FUNDS <br /> STATEMENT OF REVENUES, EXPENDITURES <br /> AND CHANGES IN FUND BALANCE <br /> FOR THE YEAR ENDED JUNE 30, 2013 <br /> Housing <br /> Legal Aid Capital Non -Major Total <br /> General Society Outlay Governmental Governmental <br /> Fund Fund Fund Funds Funds <br /> $ $ $ $ $ <br /> REVENUES <br /> Property taxes /special assessments 38,379,963 1,329,236 39,709,199 <br /> Sales and other taxes 37,072,870 37,072,870 <br /> Licenses and permits 1,897,584 1,897,584 <br /> Fines, forfeitures and penalties 549,591 649,020 1,198,611 <br /> Use of money and property 510,219 14,575 40,373 1,911,480 2,476,647 <br /> Intergovernmental 3,643,228 1,164,342 5,698,357 10,505,927 <br /> Charges for current services 9,321,628 21,958 1,067,442 10,411,028 <br /> Contributions 498,214 18,093 7,227,191 7,743,498 <br /> Other 541,187 1,657 14,895 557,739 <br /> Total Revenues 92,414,484 14,575 1,246,423 17,897,621 111,573,103 <br /> EXPENDITURES <br /> Current Operations: <br /> Community development 6,330,555 13,554 162,268 2,089,366 8,595,743 <br /> Human services 1,462,092 1,462,092 <br /> Public safety 49,043,503 40,272 284,934 49,368,709 <br /> Transportation 182,657 2,291,652 3,978,446 6,452,755 <br /> Environmental support and protection 344,716 229,992 1,385,173 1,959,881 <br /> Leisure, cultural and information services 19,448,415 330,065 19,778,480 <br /> Policy development and implementation 4,566,926 903,172 5,470,098 <br /> Capital outlay 30,616 6,240,591 4,231,131 10,502,338 <br /> Debt service: <br /> Principal retirement 5,880,000 5,880,000 <br /> Interest and fiscal charges 326,059 326,059 <br /> Bond issuance costs 67,252 67,252 <br /> Total Expenditures 81,409,480 13,554 10,198,012 18,242,361 109,863,407 <br /> EXCESS (DEFICIENCY) OF REVENUES <br /> OVER EXPENDITURES 11,005,004 1,021 (8,951,589) (344,740) 1,709,696 <br /> OTHER FINANCING SOURCES (USES) <br /> Transfers in 384,637 7,593,315 5,245,665 13,223,617 <br /> Transfers (out) (9,460,452) (747,873) (3,574,071) (13,782,396) <br /> Refunding lease 3,360,000 3,360,000 <br /> Total Other Financing Sources (Uses) (9,075,815) 6,845,442 5,031,594 2,801,221 <br /> NET CHANGE IN FUND BALANCES 1,929,189 1,021 (2,106,147) 4,686,854 4,510,917 <br /> Fund balances - beginning 19,824,553 24,900,070 46,800,124 91,524,747 <br /> FUND BALANCES - ENDING 21,753,742 1,021 22,793,923 51,486,978 96,035,664 <br /> See accompanying notes to financial statements <br /> 26 <br />