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<br />CITY OF SAN LEANDRO <br /> <br />Development Fees for Street Improvements <br /> <br />Accounting Report <br /> <br />2005-2006 Fiscal Year <br /> <br />Street/Traffic Improvements Fund <br /> <br />r in <!u~ia U3l! !}!.T)!!lry <br /> <br />Developmt:llt Fees Slrt:et Improvements are deposited in the Strt:eUTra/Tic Improvemenl rund. <br />This separate fund is used to accounl f()[ development fee assessl11t:nts Icvit:d to provide patiial <br />payment of street and traffic improvement costs attributable to residential and commercial f,'Towth. <br />Section 66006 ofthe State Government Code requires annual accounting for all development fees <br />within] 80 days of the close of tbe fiscal year. <br /> <br />l'ursuantto Slate Law, a summary orlhe City's actual 2005-06 heginning and ending fund <br />balanct:, colketion ora11 fees, refunds, interest earning, other ineoml: and expenditures is shown <br />below: <br /> <br />Fund Balance, .July 1, 2005 <br /> <br />$ <br /> <br />1,711,182 <br /> <br />Revenue: <br /> <br />Developmenl rees <br /> <br />$ <br /> <br />308,071 <br /> <br />Interest Income <br /> <br />57,950 <br /> <br />Total Revenue <br /> <br />$ <br /> <br />366,021 <br /> <br />Expenditures: <br />Strt:et/TrarJle Projt:ets (See Attached) <br />Total Expenditures <br />Excess of Revenues over Expenditures <br /> <br />$ <br /> <br />]80,717 <br />180.717 <br /> <br />185,304 <br /> <br />Fund Balance, July 1, 2006 <br /> <br />$ <br /> <br />1,896,486 <br /> <br />Fund Balance Designated/Undesignated July 1,2006 <br />Reserved Fund Balance - Encuml1ranct:s <br />Undesignated Fund Bal<mce. June 30, 2006 <br /> <br />$ 124,030 <br />1,772,456 <br />$ 1,896,486 <br />