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City of San Leandro
<br />Statement of Net Position
<br />Proprietary Funds
<br />June 30, 2024
<br />Major Enterprise Funds Governmental
<br />Water Non- Major Activities-
<br />Pollution Enterprise Internal Service
<br />Control Plant Shoreline Funds Total Funds
<br />Current Assets:
<br />Cash and investments (Note 2)37,519,488$ 7,505,866$ 1,947,736$ 46,973,090$ 26,032,760$
<br />Restricted cash and investments (Note 2)2,544,682 -- 2,544,682 -
<br />Receivables:
<br />Accounts 1,461,501 240,885 96,385 1,798,771 -
<br />Interest - -- --
<br />Loans (Note 3)- 26,416,951 - 26,416,951 -
<br />Leases (Note 4)- 485,130 - 485,130 -
<br />Inventory and prepaids - 622,969 - 622,969 171,357
<br />Total current assets 41,525,671 35,271,801 2,044,121 78,841,593 26,204,117
<br />Noncurrent assets:
<br />Capital assets (Note 6):
<br />Non-Depreciable 12,256,426 3,621,631 - 15,878,057 -
<br />Depreciable 89,487,548 1,384,669 16,129 90,888,346 20,333,134
<br />Less accumulated depreciation (20,206,002) (1,026,528) (16,129) (21,248,659) (15,545,188)
<br />Total capital assets, net 81,537,972 3,979,772 - 85,517,744 4,787,946
<br />Total noncurrent assets 81,537,972 3,979,772 - 85,517,744 4,787,946
<br />Total Assets 123,063,643 39,251,573 2,044,121 164,359,337 30,992,063
<br />DEFERRED OUTFLOWS OF RESOURCES
<br />Related to pension (Note 15)3,504,453 -- 3,504,453 -
<br />Current Liabilities:
<br />Accounts payable 393,066 828,994 46,155 1,268,215 1,692,378
<br />Interest payable - 3,064 - 3,064 -
<br />Due to other funds (Note 5A)- -2,658,319 2,658,319 -
<br />Other liabilities - (3,760)- (3,760)1,603,521
<br />Unearned revenue (Note 10)- 14,680 - 14,680 -
<br />SBITAs - due in 1 year (Note 7)- -- -117,570
<br />Claims and judgments - due in 1 year (Note 12)- -- -5,499,279
<br />Compensated absences - due in 1 year (Note 9)111,691 4,064 31,464 147,219 81,691
<br />Long-term debt - due in 1 year (Note 8)2,500,773 21,705 - 2,522,478 -
<br />Total current liabilities 3,005,530 868,747 2,735,938 6,610,215 8,994,439
<br />Non-current Liabilities:
<br />Deposits payable 3,000 30,344 - 33,344 -
<br />Advances from other funds (Note 5B)- 5,534,767 - 5,534,767 -
<br />Claims and judgments - due in more than 1 year (Note 13)- -- -6,069,164
<br />Compensated absences - due in more than 1 year (Note 9)335,074 12,190 94,391 441,655 210,062
<br />Net pension liability (Note 15)15,925,166 -- 15,925,166 -
<br />Long-term debt - due in more than 1 year (Note 8)31,974,414 46,385 - 32,020,799 -
<br />Total noncurrent liabilities 48,237,654 5,623,686 94,391 53,955,731 6,279,226
<br />Total liabilities 51,243,184 6,492,433 2,830,329 60,565,946 15,273,665
<br />DEFERRED INFLOWS OF RESOURCES
<br />Related to leases (Note 4)- 463,348 - 463,348 -
<br />Related to pension (Note 15)62,506 -- 62,506 -
<br />Total deferred inflows of resources 62,506 463,348 - 525,854 -
<br />Net investment in capital asset 47,062,785 3,911,682 - 50,974,467 5,137,445
<br />Unrestricted 28,199,621 28,384,110 (786,208) 55,797,523 10,580,953
<br />Total Net Position 75,262,406$ 32,295,792$ (786,208)$ 106,771,990$ 15,718,398$
<br />See Accompanying Notes to Basic Financial Statements
<br />NET POSITION (Note 11)
<br />ASSETS
<br />LIABILITIES
<br />36
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