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<br />24 <br />TABLE 4 <br />CITY OF SAN LEANDRO <br />STATEMENT OF GENERAL FUND REVENUES, EXPENDITURES AND CHANGES IN FUND <br />BALANCE <br />Fiscal Years 2011–12 through 2014–15 (audited) and 2015–16 (Unaudited) <br /> <br /> <br />Audited <br />2011–12 <br />Audited <br />2012–13 <br />Audited <br />2013–14 <br />Audited <br />2014–15 <br />Unaudited <br />2015–16 <br />Revenues: <br />Property and Other Taxes $60,433,688 $60,759,000 $68,910,957 $74,485,955 $84,174,586 <br />Licenses and Permits 6,526,327 6,020,560 6,996,159 7,145,284 7,984,476 <br />Intergovernmental 990,464 917,255 1,009,545 1,247,506 1,050,412 <br />Charges for Services 2,971,755 2,661,000 2,853,823 3,174,722 2,923,776 <br />Fines and Forfeitures 1,110,669 1,240,000 1,302,814 1,524,570 1,685,099 <br />Use of Money and Property 972,735 1,051,455 1,198,556 1,164,676 1,709,774 <br />Interdepartmental Charges 2,276,421 2,002,140 2,002,139 2,250,266 1,999,878 <br />Other Revenues 796,575 447,000 668,000 713,559 430,493 <br /> <br />Total Revenues $76,078,634 $75,098,410 $84,941,993 $91,706,538 $101,958,494 <br />Expenditures: <br />General Government $10,061,734 $9,945,231 $11,310,036 $11,720,994 $11,846,866 <br />Public Safety 67,734,689 44,219,695 46,197,805 48,991,182 51,487,121 <br />Engineering and Transportation 6,219,767 4,280,100 7,115,171 7,323,705 7,914,212 <br />Recreation and Culture 8,108,265 8,670,190 9,177,006 9,416,607 9,861,200 <br />Community Development 3,387,554 3,851,125 3,907,247 4,164,877 5,150,753 <br />Debt service: Principal 483,035 2,518,061 1,195,828 1,413,833 1,408,397 <br />Debt service: Interest and Fees 291,972 2,348,041 938,823 902,546 859,561 <br /> <br />Total Expenditures $96,287,016 $75,832,443 $79,841,91 $83,933,744 $88,528,110 <br /> <br />Excess of Revenues Over <br />(Under) Expenditures: ($20,208,382) <br /> <br />(734,033) <br /> <br />5,100,077 <br /> <br />7,772,794 <br /> <br />13,430,384 <br /> <br />Other Financing Sources (Uses): <br />Transfers In $991,727 – – – – <br />Transfers Out (298,849) (67,942) (776,000) (2,583,594) (5,383,000) <br />Proceeds from Issuance of Debt 18,305,000 – – – – <br />Total Other Financing Sources <br />(Uses) $18,997,878 <br /> <br />(67,942) <br /> <br />(776,000) <br /> <br />(2,583,594) <br /> <br />(5,383,000) <br /> <br />Net Change in Fund Balance ($1,210,504) (801,975) 4,324,077 5,189,200 8,047,384 <br /> <br />Fund Balances: <br /> <br />Beginning of the year, as <br />previously reported $25,679,986 $24,469,482 <br /> <br />$25,298,279 <br /> <br />$29,622,356 <br /> <br />$34,811,556 <br />End of the Year $24,269,482 $23,667,507 $29,622,356 $34,811,556 $42,858,940 <br /> Sources: City of San Leandro Audited Financial Statements; City of San Leandro. <br />Budget Process. In accordance with applicable sections of the California Government <br />Code and the City’s Charter, an annual budget is adopted by the City Council no later than the <br />first regular meeting in July for the Fiscal Year beginning July 1. As part of the budget process, <br />all City departments submit budget requests for the next Fiscal Year. These requests are <br />reviewed, and a final City Manager recommended budget showing estimated revenues and <br />expenditures of the City is prepared. This proposed budget is transmitted to the City Council <br />and made available to the public for review. Study sessions and a public hearing are conducted <br />before final adoption of the budget by the City Council.