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City of San Leandro <br />Reconciliation of the Governmental Funds Balance Sheet <br />with the Statement of Net Assets <br />June 30, 2013 <br />Total fund balances reported on the governmental funds balance sheet $ 41,068,935 <br />Amounts reported for Governmental Activities in the Statement of Net Assets are <br />difference from those reported in the Govbernmental Funds above because of the following: <br />CAPITAL ASSETS <br />Capital assets used in governmental activities are not current financial resources and <br />therefore are not reported in the Governmental Funds Balance Sheet. 268,287,172 <br />ALLOCATION OF INTERNAL SERVICE FUND NET ASSETS <br />Internal service funds are used by management to charge the costs of certain activities to <br />individual funds. The assets and liabilities of the internal service funds are included in <br />governmental activities in the Government -Wide Statement of Net Assets. 8,391,460 <br />ACCRUAL OF NON-CURRENT REVENUES AND EXPENSE <br />Revenues which are deferred on the Fund Balance Sheet because they are not available <br />currently are taken into revenue in the Statement of Activities, (Net allowance for uncollectable <br />loans $1,332,043) 12,262,532 <br />LONG-TERM ASSETS AND LIABILITIES <br />The assets and liabilities below are not due and payable in the current period and therefore <br />are not reported in the Funds: <br />NET OPEB Liability <br />(2,128,999) <br />Long-term Debt <br />(49,083,905) <br />Interest Payable <br />(257,484) <br />Compensated absences <br />(3,226,681) <br />Recognition of grants receivable <br />2,075,328 <br />NET ASSETS OF GOVERNMENTAL ACTIVITIES $ 277,388,358 <br />See accompanying Notes to Basic Financial Statements. <br />31 <br />