Laserfiche WebLink
Metadata
Document management portal powered by Laserfiche WebLink 9 © 1998-2015 Laserfiche. All rights reserved.
CITY OF SAN LEANDRO <br />Park Development Fees <br />Accounting Report <br />2006-2007 Fiscal Year <br />Park Development Fees Fnnd <br />Financial Summary <br />Development Fees for Park acquisition and creation are deposited in the Park Development Fees <br />Fund. 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 Government Code requires annual accounting for all development fees <br />within 180 days of the close of the fiscal year. <br />Pursuant to State Law, a summary of the City's actual 2006-07 beginning and ending fund <br />balance, collection of all fees, refunds, interest earning, other income and expenditures is shown <br />below: <br />Fund Balance, July 1, 2006 <br />$ 87,254 <br />Revenue: <br />Development Fees <br />Interest Income <br />Total Revenue <br />Expenditures: <br />Projects (See Attached) <br />Total Expenditures <br />Excess of Revenues over Expenditures <br />$ 878,770 <br />38,885 <br />917 F55 <br />218,726 <br />$ 218,726 <br />Fund Balance, July 1, 2007 <br />Fund Balance Designated/[Jndesignated July 1, 2007 <br />Reserved Fund Balance -Encumbrances $ 1,076 <br />Undesignated Fund Balance, June 30, 2007 785,108 <br />$ 786,183 <br />698,929 <br />$ 786,183 <br />