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<br />CITY OF SAN LEANDRO <br /> <br />Park Development Fees <br /> <br />Accounting Report <br /> <br />2005-2006 Fiscal Year <br /> <br />IJark Development Fees Fund <br /> <br />Financial Summary <br /> <br />Development Fees for Park acquisition and creation are deposited in the Park Development Fees <br />rund. This separate fund is used to account for development fee assessments leVIed to provide for <br />the acquisition and/or creation of new parks and park facilities which result from residential growth, <br />Section 66006 of the State Govemment Code requires annual accounting for all development fees <br />within 180 days of the close ofthe fiscal year. <br /> <br />Pursuant to State Law, a summary oUhe City's actual 2005-06 beginning and ending fund <br />balance, collection of all fees, refunds, interest earning, other income and expenditures is shown <br />helow: <br /> <br />Fund Balance, July], 2005 <br /> <br />$ <br /> <br />963,193 <br /> <br />Revenue: <br /> <br />Total Revenue <br /> <br />$ ] 88,55] <br /> ] 1 ,961 <br />$ 220,512 <br /> 1,096,451 <br />$ 1,096,451 <br /> (875,939) <br /> $ 87,254 <br /> <br />Development rees <br /> <br />Interest Income <br /> <br />Expenditures: <br />Projects (See Attachc(l) <br />Total Expenditures <br />Excess of Revenues over Expenditur'es <br /> <br />J<'und Balance, ,July], 2006 <br /> <br />Fund Balance DesignatedlUndcsignated July 1,2006 <br />Reserved I-"und Balance - Encumbrances $ <br />Undesignated Fund Balancc, June 30, 2006 <br /> <br />$ <br /> <br />87,254 <br />87,254 <br />