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ALAMEDA COUNTY REDEVELOPMENT AGENCY -
<br />SAN LEANDRO JOINT PROJECT AREA
<br />MANAGEMENT'S DISCUSSION AND ANALYSIS
<br />JUNE 30, 2008
<br />Net Assets
<br />Table 1: Net Assets
<br /> Total
<br /> June 30, June 30, Percentage
<br /> 2008 2007 Change
<br />Assets
<br />Cash and investments
<br />$ 17, 713 , 863 $
<br />15 ,194, 824 17%
<br />Tax increments receivable 306,705 208,334
<br />591
<br />7 47°l°
<br />(18%)
<br />Other receivable 63,358
<br />708
<br />509
<br />1 7
<br />,
<br />1,573,925 (4%)
<br />Loans receivable ,
<br />,
<br />t
<br />l 921,939
<br />s
<br />asse
<br />Capita
<br /> 573
<br />515
<br />20 17,054,674 20%
<br />Total assets ,
<br />,
<br />
<br />Liabilities
<br />Accounts a able
<br />pY
<br />269,733
<br />790,321 66%
<br />( )
<br />Accrued vacation 5,975 3,517 70%
<br />Due to other County funds 364,428 362,741
<br />925
<br />(4%)
<br />ue
<br />d
<br />f 1,509,708 1,573,
<br />reven
<br />erre
<br />De
<br />Total liabilities 2,149,844 2,730,504 (21%)
<br />
<br />Net assets
<br />Invested in capital assets, net of related debt
<br />921,939
<br />Restricted
<br />Low & moderate housing
<br />5,695,411
<br />4,232,598
<br />35%
<br /> 379
<br />748
<br />11 10,091,572 16%
<br />Commercial improvement ,
<br />,
<br />Total net assets
<br />$ 18,365,729 $
<br />14,324,170
<br />28%
<br />The largest portion of the Agency's net assets (64 percent) represents net assets of $11,748,379 that is
<br />restricted to meet the Agency's ongoing obligations to citizens and creditors. The balance of the
<br />Agency's net assets of $5,695,411 (31 percent) represents resources that are restricted for low and
<br />moderate-income housing activities and the remaining balance of $921,939 (5 percent) of the Agency's
<br />net assets is currently invested in capital assets (land for redevelopment).
<br />5
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