Financial Report - Moreno Valley

Expenses
Functions/Programs
Governmental Activities:
General government 1,442,219
Community development 583,597
Interest on long-term debt 5,531,791
Community Redevelopment Agency
of the City of Moreno Valley
Statement of Activities
Year ended June 30, 2011
Charges for
Services
Operating
Contributions
and Grants
Net (Expenses)
Revenues and
Changes in Net
Assets
Capital
Contributions
and Grants Total
$ $ - $ - $ - $ (1,442,219)
-
- 2,686,600 2,103,003
-
-
- (5,531,791)
Total Governmental Activities $ 7,557,607 $ - $ - $ 2,686,600 (4,871,007)
Change in Net Assets
Net Assets, Beginning of Year
Net Assets, End of Year
See Notes to Financial Statements 6
Program Revenues
Taxes:
Tax increment (net of pass through payments)
Property taxes
Sales taxes
Use of money and property
Miscellaneous
Transfers to the City of Moreno Valley
Total General Revenues and Transfers
$
7,057,989
1,090,264
994,015
1,461,848
159,106
(1,740,815)
9,022,407
4,151,400
13,375,409
17,526,809