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CITY OF REDWOOD CITY, CALIFORNIA 7.1.G. - Page 112
<br /> GENERAL FUND
<br /> COMPARATIVE BALANCE SHEET
<br /> JUNE 30, 2013 AND 2012
<br /> 2013 2012
<br /> ASSETS $ $
<br /> Cash and investments available for operations 21,460,699 23,392,942
<br /> Receivables (net of allowance for uncollectibles):
<br /> Taxes and assessments - current 6,380,053 5,922,265
<br /> Accounts 1,538,072 1,423,483
<br /> Loans 1,692,608 1,867,733
<br /> Accrued interest 119,895 144,261
<br /> Due from other governmental agencies 1,373,779 1,585,045
<br /> Inventory of supplies at cost 164 452
<br /> Prepaid expenditures 92,412 34,500
<br /> Total Assets 32,657,682 34,370,681
<br /> LIABILITIES
<br /> Accounts payable 2,042,937 2,850,596
<br /> Accrued payroll 2,907,558 3,816,308
<br /> Deposits payable 3,604,714 5,172,992
<br /> Due to other funds 811,980 1,173,233
<br /> Unearned revenue 1,505,951 1,302,201
<br /> Accrued sick leave and vacation - current 30,800 230,798
<br /> Total Liabilities 10,903,940 14,546,128
<br /> FUND BALANCE
<br /> Nonspendable:
<br /> Loans 1,692,608 1,867,733
<br /> Inventory 164 452
<br /> Prepaid items 92,412 34,500
<br /> Committed to:
<br /> Maintenance of Sandpiper Park 284,142
<br /> General plan 370,927 267,498
<br /> Assigned to:
<br /> Other purposes 148,534 151,178
<br /> Unassigned:
<br /> City Council directed minimum balance 17,320,930 16,271,400
<br /> Residual balance 2,128,167 947,650
<br /> Total Fund Balance 21,753,742 19,824,553
<br /> Total Liabilities and Fund Balance 32,657,682 34,370,681
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