EXHIBIT 1
Fund Balance as of 6/30/2023 1,234,920$
Revenues:
Affordable Housing Fee ‐$
Principal Payments from Loans 2,252 $
Investment Income 75,652 $
Total Revenue 77,904 $
Expenditures:
Operating Expenditures
Salaries & Benefits 22,280 $
Professional Services 350,000$
Fixed Charges (Cost Allocation) 18,347 $
Total Expenditures 390,627 $
Fund Balance as of 6/30/2024 922,197$
$750,000 of the Fund Balance was encumbered at the June 2022 City Council meeting.
CITY OF ALAMEDA
AFFORDABLE HOUSING UNIT FEE (FUND 208)
FUND BALANCE ANALYSIS & ANNUAL REPORT
FISCAL YEAR 2023‐24