The Change from Deficit to Surplus is Mainly Due to the RDA Wind-Down © Copyright 2012 City of Fremont 24 FY 2012/13 Budget Update December 4, 2012 Dollars in Millions 2012/13 Update December 2012 without RDA 2012/13 Update December 2012 with RDA Difference Revenue and transfers in$132.4$145.7$13.3 Expenditures and transfers out133.4 0.0 Begin to fund unmet needs: RDA : One-time 5.1 RDA Housing: One-time 2.7 Strategic Investment Opportunities 2.0 Net results of operations(1.0)2.53.5 Encumbrances0.0 Beginning Fund Balance(1.0)2.53.5 Ending Fund Balance($2.0)$5.0$7.0
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