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Reso 2020-033 CAFR for Fiscal Year Ended June 30, 2019
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Reso 2020-033 CAFR for Fiscal Year Ended June 30, 2019
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4/13/2020 1:41:02 PM
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4/13/2020 1:12:22 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
4/6/2020
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8H Consent 2020 0406
(Reference)
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\City Clerk\City Council\Agenda Packets\2020\Packet 2020 0406
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City of San Leandro <br />Reconciliation of the Governmental Funds Balance Sheet <br />with the Statement of Net Position <br />June 30, 2019 <br />Total fund balances reported on the governmental funds balance sheet <br />Amounts reported for Governmental Activities in the Statement of Net Position <br />are different from those reported in the Governmental Funds above because of the following: <br />CAPITAL ASSETS <br />Capital assets used in Governmental Activities are not current assets or financial resources and <br />therefore are not reported in the Governmental Funds. <br />ALLOCATION OF INTERNAL SERVICE FUND NET POSITION <br />Internal service funds are not governmental funds. However, they are used by management to <br />charge the costs of certain activities, such as insurance and central services and maintenance <br />to individual governmental funds. The net current assets of the Internal Service Funds are therefore <br />included in Governmental Statement of Activities. <br />LONG-TERM ASSETS AND LIABILITIES <br />The assets and liabilities below are not due and payable in the current period and therefore are not <br />reported in the Funds: <br />Net OPEB liability, related deferred outflows and inflows of resources <br />Net pension liability, related deferred outflows and inflows of resources <br />Long-term debt <br />Interest payable <br />Compensated absences <br />Recognition of grants revenue <br />NET POSITION OF GOVERNMENTAL ACTIVITIES <br />See Accompanying Notes to Basic Financial Statements <br />31 <br />$ 123,070,217 <br />192,697,361 <br />14,063,416 <br />(3,073,190) <br />(140,182,471) <br />(57,411,107) <br />(371,819) <br />(3,995,230) <br />2,410,571 <br />$ 127,207,748 <br />
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