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COMMUNITY REDEVELOPMENT AGENCY <br />OF THE CITY OF SANTA ANA <br />Computation of Low Income Housing Fund - Excess Surplus <br />June 30, 2011 <br />Fund Balance - June 30, 2011 <br />Less Unavailable Amounts: <br />Advances to other funds <br />Community development <br />Land held for resale <br />Contractual obligations <br />Available Low Income Housing Funds <br />Limitation (Greater of $1,000,000 or Four Years Set - Aside): <br />Set -aside for the preceding four fiscal years <br />2009-2010 1411481801 <br />2008-2009 1511551347 <br />2007-2008 1412561716 <br />2006-2007 12.880.300 <br />Total set -aside for the preceding four fiscal years 5614411164 <br />Base limitation 1,000,000 <br />Greater Amount <br />Computed Excess Surplus - June 30, 2011 <br />44 <br />(7,202,359) <br />(26,027,348) <br />(25,823,630) <br />(25,625,549) <br />56,441,164 <br />