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A summary of the government -wide statement of Net Assets is as follows:
<br />City of San Leandro
<br />Net Assets at June 30, 2010
<br />(in thousands)
<br />Governmental Activities Business -Type Activities Total
<br />2010 2009 2010 2009 2010 2009
<br />Current Assets $ 80,203 $ 98,402 $ 27,273 $ 30,720 $ 107,476 $ 129,122
<br />Non -Current Assets 18,582 19,317 (7,476) (7,648) 11,106 11,669
<br />Capital Assets 317,047 318,237 22,799 15,796 339,846 334,034
<br />Total assets 415,832 435,956 42,596 38,868 458,428 474,824
<br />Current and other liabilities 22,179 24,066 2,381 2,563 24,560 26,629
<br />Long-term liabilities 96,172 97,240 3,009 3,189 99,181 100,429
<br />Total liabilities 118,351 121,306 5,390 5,752 123,741 127,058
<br />Net assets:
<br />Invested in capital assets,
<br />net of related debt 268,302 281,144 20,162 12,992 288,464 294,136
<br />Restricted 31,354 32,179 - - 31,354 32,179
<br />Unrestricted (2,175) 1,326 17,045 20,123 14,870 21,449
<br />Total net assets $ 297,481 $ 314,649 $ 37,207 $ 33,115 $ 334,688 $ 347,764
<br />At the end of the fiscal year, the City is able to report positive balances in all three categories of
<br />net assets, both for governement as a whole and for its business -type activities. The net assets
<br />for both types of activities decreased by $13 million or (3.8%) during the fiscal year. The
<br />decrease is the net result of all revenues and expenses, including the increase in capital projects
<br />resulting from the new debt incurred, and cannot be attributed to any specific items.
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