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10A Action 2010 0119
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10A Action 2010 0119
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Last modified
1/14/2010 10:38:50 AM
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1/14/2010 10:36:14 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
1/19/2010
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_CC Agenda 2010 0119
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2010\Packet 2010 0119
MO 2010-008
(Reference)
Path:
\City Clerk\City Council\Minute Orders\2010
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CALCULATION OF AVAILABLE REVENUES <br />AGENCY NAME City of San Leandro Redevelopment Agency <br />PROJECT AREA West San Leandro MacArthur Blvd <br />TAX YEAR 2009-10 <br />RECONCILIATION DATES: JULY 1, 2008 TO JUNE 30, 2009 <br />Beginning Balance, Available Revenue 1. $ 4,187,938 <br />(See Instructions} <br />Adjustments made after the SOI filed but present in the audit report fund equities (10,875) <br />Tax Increment Received -Gross 2. 3,819,438 <br />All Tax Increment Revenues, to include any Tax Increment passed through to other <br />local taxing agencies. <br />Alf other Available Revenues Received 3. 135,919 <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. 4' <br />Sum of Lines 1 through 4 5. $8,132,420 <br />Total amounts paid against indebtedness in previous year. (D + E on reconciliation Statement) 6. 2,506,085 <br />Available Revenues, End of Year (5 - 6) 7. $5,626,335 <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 Tax Incramenl Revenue are arty amounts passed through to other local taxing egenGes pursuant to Health and Safely Code Section <br />33676. Tax Irurement Revenue sal-aside In the Low end Moderate Income Housing Fund will be washed in Iha shave 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 projeel with a band issue. The previous <br />SOI included a Disposition Development Agreement (DDA) whkh was fully satisfied with these bond proceeds. Tha DDA would be shown on the Reconciliation Statement <br />as fully repaid under the "other'' columm~ (eCrol E), twt with funds that ware neither Tax Irxremenl, nor "Available Revenues" as delined. The amounts used to satisfy this DDA <br />wo~Ld G ~nctudg~ o~ lin~ CA~Stmeot mdebeinesrs rately determine ending "Available Revenues," <br />\ orms la e o <br />
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