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Community Redevelopment Agency <br />Annual Report for FY 2006-2007 <br />December 3, 2007 <br />2. Annual Report of Financial Transactions of Community Redevelopment <br />Agencies <br />The Annual Financial Report delineates the financial activities for <br />all funds within the redevelopment fund. Additionally, the report <br />documents the achievements completed during the fiscal year as a <br />direct result of the activities of the Community Redevelopment <br />Agency. <br />3. Housing and Community Development Report of Housing Activity of <br />Community Redevelopment Agencies <br />In addition to general Agency financial transactions, the Annual <br />Report contains information regarding the low and moderate-income <br />housing fund and a description of the effect of redevelopment <br />activities on housing in general. <br />4. Annual Statement of Indebtedness <br />The Annual Statement of Indebtedness is the annual report filed with <br />the County Auditor describing Agency indebtedness and a <br />reconciliation statement. <br />The Health and Safety Code mandates that the Annual Report be <br />received by the City Council and filed with the State Controller's <br />office prior to December 31, 2007. <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />~. ~ J~~~~ <br />Stepp G. Har ng <br />Deputy City M ager for Development Services <br />Community Development Agency <br />SGH/NTE/mlr <br />H:\ACTION ITEMS\COUNCIL\2007 CC\CRA Annual Report 06-07 12-3-07.doc <br />19C-2 <br />