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CITY OF SAN LEANDRO
<br />NOTES TO BASIC FINANCIAL STATEMENTS
<br />For The Year Ended June 30, 2022
<br />NOTE 5 – INTERFUND TRANSACTIONS (Continued)
<br />The City Council authorized a loan to the General Fund from the Water Pollution Control Plant in 2011
<br />for the partial payment of the Public Safety Side Fund Obligation. The $6,000,000 loan was to pay-down
<br />the CalPERS Public Safety Side Fund with a long-term adjustable rate of 4% or less, annually, for 13
<br />years. As of June 30, 2022, the outstanding amount was $1,153,387.
<br />C.Transfers
<br />Transfers during the fiscal year ended June 30, 2022 comprised the following:
<br />Capital Improvement
<br />General Capital Projects Non-Major
<br />Fund Fund Governmental Funds Total
<br />Measure BB Special
<br /> Revenue Fund -$-$ 1,173,476$1,173,476$
<br />Capital Improvement
<br /> Capital Projects Fund 3,517,830 - - 3,517,830
<br />Non-major
<br /> Governmental Funds 3,088,426 - 1,900,000 4,988,426
<br />Internal Service Funds - 478,693 - 478,693
<br />Total 6,606,256$ 478,693$ 3,073,476$ 10,158,425$
<br />Transfers Out:
<br />Transfers In
<br />The City Council authorized transfers from various funds for fiscal year 2021-22 to the following accounts
<br />and projects:
<br />Capital Improvement Fund 1,142,830$ Street Improvement Projects
<br />Capital Improvement Fund 600,000 City Building Major Maintenance
<br />Capital Improvement Fund 625,000 Parks Improvement Projects
<br />Capital Improvement Fund 1,150,000 Police Headquarters and others
<br />Measure BB Special Revenue Fund 1,173,476 Separation of Activities between Funds
<br />Non-major Governmental Funds 50,000 Shuttle Improvements
<br />Non-major Governmental Funds 4,235,826 Street Maintenance
<br />Non-major Governmental Funds 550,000 Parking
<br />Non-major Governmental Funds 152,600 Planning Fees
<br />Information Management Services Fund 300,000 Financial Software System
<br />Equipment Maintenance Fund 178,693 Vehicle Purchase
<br />Total 10,158,425$
<br />D.Internal Balances
<br />Internal balances are presented only in the government-wide financial statements. They represent the net
<br />interfund receivables and payables remaining after the elimination of all such balances within government
<br />and business-type activities.
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