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General Fund
<br /> The following tables summarize information taken from Tustin's audited financial statements
<br /> regarding its General Fund Balance Sheet and Statement of Revenues, Expenditures and Changes in General
<br /> Fund Balances for the past three (3) fiscal years:
<br /> CITY OF TUSTIN
<br /> COMPARATIVE GENERAL FUND BALANCE SHEET
<br /> Fiscal Years 1992-93 through 1994-95
<br /> 1992-93 1993-94 1994-95
<br /> Assets and Other Debits
<br /> Assets:
<br /> Cash and investments $ 11,156,282 $ 12,211,736 $ 14,191,252
<br /> Taxes receivable 760,934 1,024,412 1,403,396
<br /> Accrued interest receivable 210,139 123,085 212,657
<br /> Accounts receivable 197,557 102,293 1,216,066
<br /> Due from other governments 17,879 5,199 52,418
<br /> Due from other funds 38,648 28,512 199,176
<br /> Prepaid expenses 0 218,356 4,980
<br /> Total Assets $12,381,439 $13,713,593 $17,279,945
<br /> Liabilities and Fund Balance
<br /> Liabilities:
<br /> Accounts payable $ 1,921,383 $ 1,135,293 $ 2,156,450
<br /> Due to other funds 0 86,033 7,756
<br /> Deposits 2,677,556 2,266,302 3,688,908
<br /> Deferred revenue 0 568,878 332,938
<br /> Total Liabilities 4,598,939 4,056,506 6,186,052
<br /> Fund Balance:
<br /> Reserved for prepaid expenses 0 218,356 204,156
<br /> Unreserved:
<br /> Designated for capital outlay 3,172,071 3,371,873 3,591,043
<br /> Designated for self insurance 1,304,423 1,046,138 1,304,994
<br /> Designated for contingencies 3,306,006 5,020,720 5,993,700
<br /> Total Fund Balance 7,782,500 9,657,087 11,093,893
<br /> Total Liabilities and Fund Balance $12,381,439 $13,713,593 $17,279,945
<br /> Source: City of Tustin Comprehensive Annual Financial Reports, Fiscal Years 1992-93, 1993-94 and 1994-95;the annual financial
<br /> reports are available from the City of Tustin, and investors are encouraged to review the entire reports, including the
<br /> notes therein, before making an investment decision with respect to the Bonds.
<br /> B-101
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