Laserfiche WebLink
City of San Leandro <br />Reconciliation of the Net Change in Fund Balances - Total Government Funds with <br />the Statement of Activities <br />For the year ended June 30, 2013 <br />The schedule below reconciles the Net Changes in Fund Balances reported on the Governmental Funds Statement of <br />Revenues, Expenditures and Changes in Fund Balance, which measures only changes in current assets and current <br />liabilities on the modified accrual basis, with the Change in Net Assets of Governmental Activities reported in the <br />Statement of Activities, whch is prepared on the full accrual basis. <br />NET CHANGE IN FUND BALANCES - TOTAL GOVERNMENTAL FUNDS (1,077,478) <br />Amounts reported in the governmental activities in the Statement of Activities are diffferent because <br />of the following: <br />CAPITAL ASSET TRANSACTIONS <br />Governmental Funds report capital outlays as expenditures. However, in the Statement of Activities the cost of those assets <br />is capitalized and allocated over their estimated useful lives and reported as depreciation expense. <br />The capital outlay and other expenditures are therefore added back to fund balance. 5,257,770 <br />Depreciation expense is deducted from the fund balance. The amount excludes the depreciation of $969,820 (15,731,793) <br />Net retirements are deducted from fund balance (919,260) <br />ACCRUAL OF NON-CURRENT ITEMS <br />The amounts below included in the Statement of Activities do not provide or (require) the use of <br />current financial resources and therefore are not reported as revenue or expenditures in governmental funds (net change) <br />Unearned Revenue <br />(241,772) <br />Long-term debt <br />1,577,051 <br />Bond discount <br />(12,383) <br />Bond premium <br />393,794 <br />Proceeds for the issuance of debt <br />(9,854,090) <br />Premium on the issuance of debt <br />(298,315) <br />Issuance of capital lease <br />9,817,009 <br />Interest payable <br />36,287 <br />Cost of issuance <br />(138,134) <br />Compensated absences <br />732,018 <br />Net OPEB Liability <br />(489,974) <br />Grants receivable <br />1,117,000 <br />ALLOCATION OF INTERNAL SERVICE ACTIVITY <br />Internal Service Funds are used by management to charge the costs of certain activities, such as equipment acquisition, <br />maintenance, and insurance to individual funds. The portion of the new revenue (expense) of these Internal Servic Funds <br />arising out of their transactions with governmental funds is reported with governmental activities, because they service <br />those activities. <br />Change in Net Assets - All Internal Service Funds (89,613) <br />CHANGE IN NET ASSETS OF GOVERNMENTAL ACTIVITIES $ (9,921,883) <br />See accompanying Notes to Basic Financial Statements. <br />33 <br />