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Packet 20250218
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Last modified
9/22/2025 2:27:08 PM
Creation date
9/9/2025 9:43:59 AM
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CM City Clerk-City Council
Document Date (6)
2/18/2025
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Reso 2025-011 Annual Comprehensive Financial Report (ACFR)
(Amended)
Path:
\City Clerk\City Council\Resolutions\2025
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City of San Leandro <br />For the year ended June 30, 2024 <br />Successor Agency <br />to the Redevelopment <br />Agency <br />Private-Purpose Cherrywood <br />Trust Fund Custodial Fund <br />Additions: <br />Property taxes 3,313,746$ -$ <br />Special assessment - 386,894 <br />Use of money and property 328,787 - <br />Investment income - 38,162 <br />Other - - <br />Total Additions 3,642,533 425,056 <br />Deductions: <br />Community development 3,454,519 - <br />Depreciation (Note18B)11,678 - <br />Payment to bondholders - 370,000 <br />Debt service interest and fiscal agent fees 896,714 79,197 <br />Administrative support - 6,466 <br />Total Deductions 4,362,911 455,663 <br />Change in Net Position (720,378) (30,607) <br />NET POSITION HELD IN TRUST <br />Net position (deficit) - beginning of year (21,375,644) 1,502,980 <br />Net position (deficit) - end of year (22,096,022)$ 1,472,373$ <br />See Accompanying Notes to Basic Financial Statements <br />Statement of Changes in Fiduciary Net Position <br />41
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