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<br />3 <br />CITY OF SAN LEANDRO <br />Development Fees for Street Improvements <br />Accounting Report <br />2000-O1 Fiscal Year <br />STREET/TRAFFIC IlVIPROVEMENTS FUND <br />Financial Summazy <br />Development Fees for Street Improvements aze deposited in the Street/Traffic Improvements Fund. <br />This separate fund is used to account for development fee assessments levied to provide partial <br />payment of street and traffic improvement costs attributable to residential and commercial <br />growth. Section 66006 of the State Government Code requires annual accounting for all development <br />fees within 180 days of the close of the fiscal year. <br />Pursuant to State Law, a summary of the City's actua12000-01 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 $ 59,397 <br />Designated.Fund Balance -Committed Projects 1,616,045 <br />Undesignated Fund Balance, June 30, 2001 271,985 <br />$ 1,947,427 <br />$ 540,611 <br />(47,488) <br />120,845 <br />4,812 <br />57,413 <br />$ 676,193 <br />260,511 <br />$ 260,511 <br />$ 1,531,745 <br />415,682 <br />$ 1,947,427 <br />