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# of Assisted Senior Rental Units 0 <br /># of Total Assisted Rental Units 541 <br />Senior Housina Percentaae 0% <br />XI. EXCESS SURPLUS TEST <br />Excess Surplus is defined in Section 34176.1(d) as an unencumbered amount in the account <br />that exceeds the greater of one million dollars ($1,000,000) or the aggregate amount deposited <br />into the account during the Housing Successor's preceding four Fiscal Years, whichever is <br />greater. <br />The following provides the Excess Surplus test for the preceding four Fiscal Years: <br />3 The FY 2015/16 beginning balance is restated due to the reclassification of the long-term loans <br />receivable from deferred inflows of resources, unavailable revenue, to an allowance for uncollectible <br />accounts. <br />HOUSING AUTHORITY OF THE CITY OF SANTA 8/19 Page 7 <br />