|
CITY OF REDWOOD CITY, CALIFORNIA 7.1.A. - Page 135
<br /> INTERNAL SERVICE FUNDS
<br /> COMBINING STATEMENT OF NET POSITION
<br /> JUNE 30, 2014
<br /> Equipment Self Internal Employee
<br /> Services Insurance Services Benefits
<br /> Fund Fund Fund Fund Total
<br /> ASSETS $ $ $ $ $
<br /> Current assets:
<br /> Cash and investments available for operations 8,722,534 18,495,049 1,716,950 593,294 29,527,827
<br /> Receivables (net of allowance for uncollectibles):
<br /> Accounts 75,000 23,248 455 98,703
<br /> Accrued interest 2,946 2,946
<br /> Due from other governmental agencies 74,536 193,280 267,816
<br /> Due from other funds 300,000 300,000
<br /> Inventory of supplies at cost 150,818 150,818
<br /> Deposits 275,000 275,000
<br /> Prepaid items and other assets 486 1,918 9,046 11,450
<br /> Total current assets 9,251,320 18,846,967 1,942,524 593,749 30,634,560
<br /> Noncurrent assets:
<br /> Advances to other funds 2,400,000 2,400,000
<br /> Capital assets:
<br /> Equipment, net 8,586,203 801,974 9,388,177
<br /> Net capital assets 8,586,203 801,974 9,388,177
<br /> Total noncurrent assets 10,986,203 801,974 11,788,177
<br /> Total assets 20,237,523 18,846,967 2,744,498 593,749 42,422,737
<br /> LIABILITIES
<br /> Current liabilities:
<br /> Accounts payable 116,092 417,674 109,351 281 643,398
<br /> Insurance claims payable - current portion 3,922,579 3,922,579
<br /> Accrued sick leave and vacation - current portion 45,675 298,409 344,084
<br /> Unearned revenue 42,527 42,527
<br /> Total current liabilities 204,294 4,340,253 407,760 281 4,952,588
<br /> Noncurrent liabilities:
<br /> Insurance claims payable 14,532,144 14,532,144
<br /> Accrued sick leave and vacation 73,592 505,583 579,175
<br /> Net OPEB obligation 74,492 25,994 390,836 491,322
<br /> Total noncurrent liabilities 148,084 14,558,138 896,419 15,602,641
<br /> Total liabilities 352,378 18,898,391 1,304,179 281 20,555,229
<br /> NET POSITION
<br /> Invested in capital assets 8,586,203 801,974 9,388,177
<br /> Unrestricted 11,298,942 (51,424) 638,345 593,468 12,479,331
<br /> Total net position 19,885,145 (51,424) 1,440,319 593,468 21,867,508
<br /> 107
<br />
|