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4 <br />CITY OF SAN LEANDRO <br />Park Development Fees <br />Accounting Report <br />2000-2001 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 actual 2000-01 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, 2000 <br />Revenue: <br />Development Fees <br />Refunds <br />Interest Income <br />Other Income <br />Grants <br />Total Revenue <br />Expenditures: <br />Street/Traffic Projects <br />Total Expenditures <br />Excess of Revenues over Expenditures <br />Fund Balance, July 1, 2001: <br />Fund Balance Designated/Undesignated July 1, 2001: <br />Reserved Fund Balance -Encumbrances $ 11,108 <br />Designated Fund Balance -Committed Projects 258,123 <br />Undesignated Fund Balance, June 30, 2001 612,365 <br />$ 881,596 <br />$ 110,766 <br />60,057 <br />3,826 <br />$ 174,649 <br />310,233 <br />$ 310,233 <br />$ 1,017,180 <br />(135,584) <br />$ 881,596 <br />