Laserfiche WebLink
CITY OF SAN LEANDRO <br />Park Development Fees <br />Accounting Report <br />2003-2004 Fiscal Year <br />Park Development Fees Fund <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 actua12003-04 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, 2003 <br />Revenue: <br />Development Fees <br />Refunds <br />Interest Income <br />Other Income <br />Operating Transfer In <br />Total Revenue <br />Expenditures: <br />Projects <br />Total Expenditures <br />Excess of Revenues over Expenditures <br />Fund Balance, July 1, 2004 <br />Fund Balance Designated/iJndesignated July 1, 2004 <br />Reserved Fund Balance -Encumbrances $ 3,004 <br />Undesignated Fund Balance, June 30, 2004 838,073 <br />$ 841,077 <br />$ 49,088 <br />7,868 <br />9,961 <br />e ~~oi~ <br />251,809 <br />$ 251,809 <br />$ 1,025,969 <br />(1$4,893) <br />$ 841,077 <br />