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10A Action 2009 0120
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10A Action 2009 0120
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Last modified
1/16/2009 1:25:22 PM
Creation date
1/16/2009 1:25:14 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
1/20/2009
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_CC Agenda 2009 0120
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 0120
MO 2009-003
(Reference)
Path:
\City Clerk\City Council\Minute Orders\2009
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CALCULATION OF AVAILABLE REVENUES <br />AGENCY NAME City of San Leandro Redevelopment Agency <br />PROJECT AREA City-County Joint Project Area <br />TAX YEAR 2008-09 <br />RECONCILIATION DATES: JULY 1, 2007 TO JUNE 30, 2008 <br />Beginning Balance, Available Revenue <br />(See Instructions) <br />Adjustments made after SOI filed but present in the audit report fund equities. <br />Tax Increment Received -Gross <br />All Tax Increment Revenues, to include any Tax Increment passed through to other <br />local taxing agencies. <br />All other Available Revenues Received <br />(See Instructions) <br />Revenues from any other source, included in Column E of the Reconciliation Statement but not <br />included in (1-3} above. <br />Sum of Lines 1 through 4 <br />Total amounts paid against indebtedness in previous year. (D + E on reconciliation Statement) <br />Available Revenues, End of Year (5 - 6) <br />FORWARD THIS AMOUNT TO STATEMENT OF INDEBTEDNESS, COVER PAGE, LINE 4 <br />INDEBTEDNESS, COVER PAGE, LINE 4 <br />NOTES <br />Tax Increment Revenues: <br />The only amount(s) to be excluded as Taz Increment Revenue are any amounts passed Through to other local taring agencies pursuant to Health and Safety Code Section <br />33676. Tax Increment Revenue set-aside in the Low and Moderate Income Housing Fund will be washed in the above calculation, and therefor omitted from Available <br />Revenues at year end. <br />Item 4. Above: <br />This represents any payments from any source other than Tax Increment OR available revenues. For instance, an agency funds a project with a bond issue. The previous <br />SOI included a Disposi(ion Development Agreement (DDA) which was fully satisfied with these bond proceeds. The DDA would be shown an the Reconciliation Statement <br />as fully repaid under lhe'blher' column (Col E), but with funds that were neither Tax Increment, nor "Available Revenues" as defined. The amounts used to satisfy This DDA <br />would be included online 4 above in order to accurately determine ending "Available Revenues," <br />1. $ 12,619,568 <br />2. 12,986,302 <br /> <br />3. 1,192,319 <br /> <br />4. <br /> <br />5. $ 26,798,189 <br /> <br />6. 10,299,034 <br /> <br />7. $ 16,499,155 <br />SL - G1Forms\Slate of CA\Stmt of Indebetness <br />
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