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11C Consent
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Last modified
10/6/2025 10:22:04 AM
Creation date
5/31/2023 11:59:58 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
5/15/2023
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Reso 23-048 Accepting Audited Financial Statements 2021-22
(Amended)
Path:
\City Clerk\City Council\Resolutions\2023
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City of San Leandro <br />Statement of Fiduciary Net Position <br />June 30, 2022 <br />Private-Purpose Cherrywood <br />Trust Fund Custodial Fund <br />Current assets: <br />Cash and cash equivalents (Notes 2 and 17A) 2,418,665$ 1,088,306$ <br />Cash and investments with fiscal agents (Notes 2 and 17A) 21 449,057 <br />Accounts receivable 695 3,293 <br />Interest receivable (18,324) 1,126 <br />Total Current Assets 2,401,057 1,541,782 <br />Noncurrent assets: <br />Capital assets (Note 17B): <br />Land 706,376 - <br />Depreciable assets, net 389,449 - <br />Total non-current assets 1,095,825 - <br />Total Assets 3,496,882 1,541,782 <br />Current liabilities: <br />Accounts payable 9,300 1,178 <br />Interest payable 418,682 - <br />Long-term debt - due in less than one year (Note 17C)1,826,394 - <br />Total current liabilities 2,254,376 1,178 <br />Noncurrent Liabilities: <br />Long-term debt - due in more than one year (Note 17C)29,178,096 - <br />Total non current liabilities 29,178,096 - <br />Total Liabilities 31,432,472 1,178 <br />Restricted for bondholders - 1,523,871 <br />Held in trust for private purposes (27,935,590) - <br />Total Net Position (27,935,590)$ 1,523,871$ <br />See Accompanying Notes to Basic Financial Statements <br />LIABILITIES <br />NET POSITION <br />ASSETS <br />40
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