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REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO <br />STATEMENT OF ACTIVITIES <br />FOR THE YEAR ENDED JUNE 30, 2008 <br />Functions/Programs Expenses <br />Primary government: <br />Governmental activities: <br />Community development $ 7,949,413 <br />Interest and fiscal charges 1,814,229 <br />Total primary government $ 9,763,642 <br /> Net (Expense) <br /> Revenue and <br /> Changes in <br />Program Revenues Net Assets <br /> Primary <br />Operating Government <br />Grants and Governmental <br />Contributions Total Activities <br /> <br />$ - $ - $ (7,949,413) <br />- - (1,814,229) <br />$ - $ - (9,763,642) <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 />12 <br />9,837,062 <br />1,587,922 <br />2,628,876 <br />(200,000) <br />13,853,860 <br />4,090,218 <br />(2,942,423) <br />$ 1,147,795 <br />