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<br />The City has not requested nor did the City obtain permission from the Auditor to include the audited financial statements as an appendix to this Official Statement. Accordingly, the
<br />Auditor has not performed any post–audit review of the financial condition or operations of the
<br />City.
<br />Comparative Financial Information. The following tables provide a five–year history of the City’s comparative General Fund Balance Sheet and comparative General Fund revenues, expenditures, transfers, and ending fund balances.
<br />TABLE 3 CITY OF SAN LEANDRO
<br />GENERAL FUND BALANCE SHEET As of June 30 for Fiscal Years 2013-14 through 2016-17 (Audited) and 2017-18 (Unaudited)
<br /> Audited 2013-14 Audited 2014-15 Audited 2015-16 Audited 2016-17 Unaudited 2017-18
<br />Assets:
<br />Cash and investments $24,098,263 $23,982,898 $29,251,287 $36,342,532 $41,543,719
<br />Cash and investments with fiscal agent -- -- -- 63 --
<br />Receivables:
<br />Property Taxes 213,657 169,150 180,403 203,342 --
<br />Accounts 7,410,573 9,839,854 14,256,737 13,088,457 12,121,744
<br />Federal, State, and local grants -- -- -- 17,442 22,113
<br />Interest 55,147 55,147 43,399 62,741 (19,263)
<br />Special Assessment 71,712 74,215 66,390 58,363 53,902
<br />Loans 1,510,139 3,702,470 3,610,335 2,146,919 2,357,667
<br />Due from other funds 1,593,152 1,545,220 1,364,825 917,277 --
<br />Other assets 13,554 439,474 458,193 -- --
<br />Advances to other funds 8,106,392 8,106,392 8,106,392 8,106,392 6,914,407
<br />Advances to the Successor Agency 2,040,768 2,040,768 2,731,947 2,299,315 1,995,631
<br />Total Assets $44,753,357 $49,955,588 $60,069,908 $63,242,843 $64,989,920
<br /> Liabilities:
<br />Accounts payable and accruals $8,365,951 $8,411,015 $6,566,272 $5,953,974 $5,466,396
<br />Advances from other funds 5,141,772 4,693,253 4,231,278 3,755,443 3,265,334
<br />Unearned revenue -- 2,039764 2,265,912 2,571,533 2,783,787
<br />Total Liabilities $13,507,723 $15,144,032 $13,063,462 $12,280,950 $11,515,517
<br />
<br />Deferred inflow of resources: Unavailable revenue – miscellaneous
<br />receivables (1)
<br />
<br />1,623,278 -- -- -- --
<br />Total Deferred Inflows of Resources $1,623,278 -- -- -- --
<br /> Fund balances:
<br />Nonspendable $10,147,160 $13,849,630 $14,448,674 $12,552,626 $11,267,705
<br />Restricted 50,000 50,000 50,000 50,000 50,000
<br />Assigned 662,973 1,766,700 3,128,977 4,577,831 5,909,206
<br />Unassigned 18,762,223 19,145,226 29,378,795 33,781,436 36,247,492
<br />Total Fund Balances $29,622,356 $34,811,556 $47,006,446 $50,961,893 $53,474,403
<br />
<br />Total liabilities and fund balances $44,753,357 $49,955,588 $60,069,908 $63,242,843 $64,989,920
<br /> (1) This amount represents unearned revenue as of June 30, 2014 and relates primarily to fees paid in adviance for engineering, development and planning permits.
<br />Source: City of San Leandro Comprehensive Annual Financial Reports for fiscal years ended June 30 of the years 2014, 2015 2016 and 2017; City of San Leandro.
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