|
City of San Leandro
<br />Statement of Net Assets
<br />June 30, 2012
<br />Governmental Business-Type
<br />Activities Activities Total
<br />ASSETS
<br />Current assets:
<br />Cash and investments (Note 2)53,029,357$ 17,273,571$ 70,302,928$
<br />Cash and investments with fiscal agent (Note 2)3,364,826 795,000 4,159,826
<br />Unrestricted receivables:
<br />Property taxes 194,479 - 194,479
<br />Accounts 7,283,380 1,317,036 8,600,416
<br />Interest 756,589 166,021 922,610
<br />Special assessments 111,390 26,395 137,785
<br />Restricted receivables 1,300,965 - 1,300,965
<br />Inventory and prepaid items 124,429 - 124,429
<br />Other assets 26,161 2,006 28,167
<br />Total current assets 66,191,576 19,485,860 85,677,436
<br />Noncurrent assets:
<br />Loans receivable (Note 3)11,647,774 - 11,647,774
<br />Long-term internal balances (Note 5)1,106,392 (1,106,392) -
<br />Prepaid PERS Contribution (Note 14)24,971,910 - 24,971,910
<br />Advances to Successor Agency (Note 5)2,040,768 - 2,040,768
<br />Deferred Charges 138,134 - 138,134
<br />Capital assets (Note 6):
<br />Non Depreciable 22,693,350 27,719,525 50,412,875
<br />Depreciable 474,039,892 22,069,301 496,109,193
<br />Less accumulated depreciation (213,596,365) (10,072,604) (223,668,969)
<br />Capital assets, net 283,136,877 39,716,222 322,853,099
<br />Total noncurrent assets 323,041,855 38,609,830 361,651,685
<br />Total assets 389,233,431 58,095,690 447,329,121
<br />LIABILITIES
<br />Current liabilities:
<br />Accounts payable and accruals:
<br /> Restricted 365,842 3,493,336 3,859,178
<br /> Unrestricted 10,484,141 - 10,484,141
<br />Interest payable 293,771 94,169 387,940
<br />Unearned revenue (Note 9):
<br /> Restricted 183,406 394,694 578,100
<br /> Unrestricted 1,985,355 - 1,985,355
<br />Other liabilities:
<br /> Unrestricted - 700,831 700,831
<br />Compensated absences payable - due within one year (Note 8)539,097 9,052 548,149
<br />Claims and judgments payable - due within one year (Note 12)3,800,000 - 3,800,000
<br />Long-term debt - due within one year (Note 7)2,192,314 190,280 2,382,594
<br />Total current liabilities 19,843,926 4,882,362 24,726,288
<br />Noncurrent liabilities:
<br />Deposits - 68,334 68,334
<br />Compensated absences payable - due in more than one year (Note 8)3,682,449 522,046 4,204,495
<br />Claims and judgments payable - due in more than one year (Note 12)3,271,223 - 3,271,223
<br />Net OPEB (Note 15)1,639,025 - 1,639,025
<br />Long-term debt - due in more than a year (Note 7)49,010,657 8,788,874 57,799,531
<br />Total noncurrent liabilities 57,603,354 9,379,254 66,982,608
<br />Total liabilities 77,447,280 14,261,616 91,708,896
<br />NET ASSETS (Note 10)
<br />Invested in capital assets, net of related debt 251,252,877 30,737,068 281,989,945
<br />Restricted for:
<br />Capital projects 8,726,665 - 8,726,665
<br />Debt service 1,094,089 - 1,094,089
<br />Engineering and transportation 7,028,956 - 7,028,956
<br />Recreation and culture 68,113 - 68,113
<br />Community Development 330,449 - 330,449
<br />Public Safety 699,394 - 699,394
<br />Total restricted 17,947,666 - 17,947,666
<br />Unrestricted 42,585,608 13,097,006 55,682,614
<br />311,786,151$ 43,834,074$ 355,620,225$
<br />See accompanying Notes to Basic Financial Statements.
<br />Total net assets
<br />23
|