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Development Impact Fees Subject to AB1600
<br /> Lower Income Housing Fund(271)
<br /> Fund Balance,Fees Collected,Interest Earned,Transfers and Project Expenditures-Five Year History
<br /> Fiscal Year
<br /> 2007/08 2008/09 2009/10 2010/11 2011/12
<br /> BEGINNING FUND BALANCE $ 12,189,954 $ 13,149,764 $ 15,485,261 $ 15,682,964 $14,367,028
<br /> REVENUE
<br /> Lower Income Housing Fees 795,436 247,921 72,386 148,481 349,843
<br /> Loan Proceeds 227,487 20,000 - 128,536 188,820
<br /> Miscellaneous Revenues 213,580 477,280 478,016 288,223 480,078
<br /> Interest 589,211 554,863 335,965 _ 88,318 129,665
<br /> TOTAL REVENUE 1,825,713 1,300,064 886,368 653,558 1,148,406
<br /> TRANSFERS
<br /> Transfers In' - 1,475,406 - - -
<br /> TOTAL TRANSFERS - 1,475,406 - - -
<br /> EXPENDITURES
<br /> Kottinger Place Development-#271002 59,938 32,470 46,865 - -
<br /> City Match to State HELP Loan-#272007 227,487 40,000 20,000 - -
<br /> State HELP Loan-#272008 227,487 20,000 - - -
<br /> State HELP Loan-Bridge Housing#272009 - - - 449,750 -
<br /> City Down Payment Assistance-#272018 - 20,000 20,000 40,000 20,000
<br /> Kottinger Place Improvements-#808003 3,732 - - - -
<br /> Echo Housing-#808053 44,350 45,730 47,910 50,000 45,948
<br /> Tri-Valley Housing Opportunity-#808061 - - - - 23,000
<br /> Housing Case Mgmt Scholarships-#808067 12,000 12,000 12,000 12,463 -
<br /> Community Resources-Independent Living-#808070 14,081 14,504 14,939 15,000 15,000
<br /> Senior Reverse Mortgage Counseling-#808083 14,361 12,209 5,106 6,500 -
<br /> Loan Expense-Ridge View Housing-#999999 - - 225,000 - -
<br /> Overhead-Administrative Expense-#999999 200,274 167,064 195,976 195,731 246,600
<br /> Purchase of Property-#999999 - - - 891,673 -
<br /> Miscellaneous Housing Expenditures-#999999 62,194 75,995 73,024 _ 308,377 157,480
<br /> TOTAL EXPENDITURES 865,904 439,972 660,820 1,969,493 508,028
<br /> ENDING FUND BALANCE $ 13,149,764 $ 15,485,261 $ 15,710,809 $ 14,367,028 $ 15,007,406
<br /> Prior Period Adjustment (27,845)
<br /> REVISED ENDING FUND BALANCE $ 15,682,964
<br /> `Housing loan repayments transferred from Fund 272 Housing Loan Fund($997,995)
<br /> Close out of Fund 273 Ridge View Mortgage Fund ($440,532)
<br /> Close out of Fund 571 Ridge Commons Housing Fund ($36,879)
<br /> Unexpended Fees Subject to AB1600
<br /> $ 12,189,954 Beginning Fund Balance, 7/1/07
<br /> (3,746,981) **Total Expenditures related to AB1600 Fees
<br /> $ 8,442,973 Unexpended Fees Subject to AB1600 at 6/30/12
<br /> ** Does not include State HELP Loan Expenditures(#272008񂚉)
<br /> Page A6
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