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REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO <br />STATEMENT OF ACTIVITIES <br />FOR THE YEAR ENDED JUNE 30, 2007 <br />Program Revenues <br />Operating <br />Grants and <br />Punctions/Programs Expenses Contributions Total <br />Primary government: <br />Governmental activities: <br />Community development $ 5,126,989 $ - $ - <br />Interest and fiscal charges 1,393,326 - <br />Total primary government $ 6,520,315 $ - $ - <br />General Revenues: <br />Property tax increments <br />Use of money and property <br />Other <br />Transfers to the City of San Leandro <br />Total general revenues <br />Change in net assets <br />Net assets -beginning of year <br />Net assets -end of year <br />See accompanying notes to the basic financial statements. <br />Net (Expense} <br />Revenue and <br />Changes in <br />Net Assets <br />Primary <br />Government <br />Governmental <br />Activities <br />$ (5,126,989) <br />(1,393,326) <br />(6,520,315) <br />9,426,640 <br />910,131 <br />1,076,826 <br />(100,000) <br />11,313,596 <br />4,793,282 <br />(7,735,705) <br />$ (2,942,423) <br />12 <br />