Laserfiche WebLink
<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 />.FinanclJI Sumnwry <br /> <br />Development Fees Street Improvements are deposiLeu in the Street/Traffic Improvement Fund, <br />This separate fund is used to aeeount for development fee assessments levied to provide partial <br />payment of street and traffic improvemenL eosts attributable to residential and commercial growth. <br />Scction 6(i00(i ol"the State Government Code requires annual accounting for all development fees <br />within 1 XO days of the close of the fiscal year. <br /> <br />Pursuant to State Law, J summary of the City's actual 2005-06 bcginning and ending fund <br />balance, collection of all Ices, refunds, interest earning, other income and expenditures is shown <br />helow: <br /> <br />Fund Ralanee, .July 1,2005 <br /> <br />$ <br /> <br />1,711, J 82 <br /> <br />Rcvcnuc: <br /> <br />Development Fees <br /> <br />$ <br /> <br />308,on <br /> <br />IntercsL Income <br /> <br />41,323 <br /> <br />Total Revenue <br /> <br />$ <br /> <br />349,395 <br /> <br />Expcnditurcs: <br />StreeUTraffic Projects (See Attached) <br />Total Expenditures <br />I(xcess of Revenues over Expenditures <br /> <br />$ <br /> <br />IXO,717 <br />I XO,717 <br /> <br />168,678 <br /> <br />Fund Balancc, .July 1, 2006 <br /> <br />$ <br /> <br />1,879,860 <br /> <br />Fund Balance Designated/lJndesignated July 1,2006 <br />Reserved Fund Ba lance - Encumhrances <br />Undesignated rund Ihlance, June 30, 2006 <br /> <br />$ 162,801 <br />1,548,380 <br />$ 1,711,182 <br />