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CITY OF REDWOOD CITY, CALIFORNIA 6.1.E. - Page 142
<br /> INTERNAL SERVICE FUNDS
<br /> COMBINING STATEMENT OF NET POSITION
<br /> JUNE 30, 2015
<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 10,306,628 19,832,684 1,574,960 1,093,848 32,808,120
<br /> Receivables(net of allowance for uncollectibles):
<br /> Accounts 506,000 506,000
<br /> Accrued interest 3,332 3,332
<br /> Due from other governmental agencies 67,951 166,582 234,533
<br /> Due from other funds 300,000 300,000
<br /> Inventory of supplies at cost 120,047 120,047
<br /> Deposits 675,000 675,000
<br /> Prepaid items and other assets 8,744 8,744
<br /> Total current assets 10,797,958 21,013,684 1,750,286 1,093,848 34,655,776
<br /> Noncurrent assets:
<br /> Advances to other funds 2,100,000 2,100,000
<br /> Capital assets:
<br /> Equipment,net 8,303,379 850,481 9,153,860
<br /> Net capital assets 8,303,379 850,481 9,153,860
<br /> Total noncurrent assets 10,403,379 850,481 11,253,860
<br /> Total assets 21,201,337 21,013,684 2,600,767 1,093,848 45,909,636
<br /> DEFERRED OUTFLOWS OF RESOURCES
<br /> Deferred employer pension contributions 134,023 58,969 1,106,153 1,299,145
<br /> LIABILITIES
<br /> Current liabilities:
<br /> Accounts payable 179,471 545,640 275,538 1,000,649
<br /> Insurance claims payable-current portion 4,277,299 4,277,299
<br /> Accrued sick leave and vacation-current portion 38,518 341,185 379,703
<br /> Total current liabilities 217,989 4,822,939 616,723 5,657,651
<br /> Noncurrent liabilities:
<br /> Insurance claims payable 16,626,259 16,626,259
<br /> Accrued sick leave and vacation 58,374 548,302 606,676
<br /> Net OPEB obligation 74,492 25,994 390,836 491,322
<br /> Net pension liability 1,386,753 612,424 11,376,735 13,375,912
<br /> Total noncurrent liabilities 1,519,619 17,264,677 12,315,873 31,100,169
<br /> Total liabilities 1,737,608 22,087,616 12,932,596 36,757,820
<br /> DEFERRED INFLOWS OF RESOURCES
<br /> Pension related amounts 273,863 120,945 2,208,948 2,603,756
<br /> NET POSITION
<br /> Invested in capital assets 8,303,379 850,481 9,153,860
<br /> Unrestricted 11,020,510 (1,135,908) (12,285,105) 1,093,848 (1,306,655)
<br /> Total net position 19,323,889 (1,135,908) (11,434,624) 1,093,848 7,847,205
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