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<br />CITY OF REDWOOD CITY, CALIFORNIA <br />STATEMENT OF NET ASSETS <br />JUNE 30, 2005 <br /> <br />ASSETS <br />Cash and investments available for operations <br />Cash and investments, restricted <br />Receivables (net of al1owance for uncol1ectibles): <br />Taxes and assessments - current <br />Accounts <br />Loans <br /> <br />Accrued interest <br />Due from other governmental agencies <br />Inventory of supplies at cost <br />Deposits <br />Prepaid expenses <br />Investment in land held for redevelopment <br />Capital assets: <br />Nondepreciable <br />Depreciable buildings, property, equipment and infrastructure, net <br />Unamortized bond discounts & issuance costs <br />Investment in sewer authority <br />Investment in sewage capacity rights <br />Advances to South Bayside System Authority <br /> <br />Total assets <br /> <br />LIABILITIES <br /> <br />Accounts payable <br />Accrued interest payable <br />Accrued payrol1 <br />Deposits payable <br />Insurance claims payable <br />Deferred revenue <br />Environmental liability <br />Accrued sick leave and vacation: <br />Due in one year <br />Due in more than one year <br />Long-Term Debt: <br />Due in one year <br />Due in more than one year <br /> <br />Total liabilities <br /> <br />NET ASSETS <br />Invested in capital assets, net ofrelated debt <br />Restricted for: <br />Capital projects <br />Debt service <br />Community development projects <br />Other purposes <br /> <br />Total restricted net assets <br /> <br />Unrestricted net assets <br /> <br />Tota] net assets <br /> <br />Governmental <br />Activities <br />$ <br /> <br />102,849,064 <br />39,814,657 <br /> <br />5,275,190 <br />1,392,573 <br />11 ,592,480 <br />1,297,064 <br />2,083,541 <br />242,848 <br />673,103 <br />11,375 <br />3,604,124 <br /> <br />87,864,514 <br />108,322,183 <br />1,620,780 <br /> <br />366,643,496 <br /> <br />Business-Type <br />Activities <br />$ <br /> <br />31,269,073 <br />30,384,249 <br /> <br />2,357,471 <br /> <br />160,998 <br />505,915 <br /> <br />193,038 <br /> <br />29,664,551 <br />55,817,852 <br />1,294,906 <br />18,029,631 <br />2,446,643 <br />4,378,118 <br /> <br />176,502,445 <br /> <br />6,466,708 <br />831,531 <br />2,930,721 <br />3,466,226 <br />8,953,720 <br />861,336 <br /> <br />1,735,213 <br />5,903,221 <br /> <br />4,918,378 <br />73,953,348 <br /> <br />110,020,402 <br /> <br />4,107,093 <br />548,115 <br /> <br />258,254 <br /> <br />167,082 <br />4,217,700 <br /> <br />367,587 <br />370,231 <br /> <br />1,063,232 <br />46,726,910 <br /> <br />57,826,204 <br /> <br />141,068,539 <br /> <br />38,599,000 <br /> <br />42,436,923 <br />6,410,516 <br />33,565,141 <br />3,332,254 <br /> <br />85,744,834 <br /> <br />24,040,984 <br />3,381,677 <br /> <br />27,422,661 <br /> <br />29,809,721 <br />256,623,094 <br /> <br />See accompanying notes to financial statements <br /> <br />16 <br /> <br />52,654,580 <br />118,676,241 <br /> <br />Total <br />$ <br /> <br />134,118,137 <br />70,198,906 <br /> <br />5,275,190 <br />3,750,044 <br />11,592,480 <br />1,458,û62 <br />2,589,456 <br />242,848 <br />673,103 <br />204,413 <br />3,604,124 <br /> <br />117,529,065 <br />164,140,035 <br />2,915,686 <br />18,029,631 <br />2,446,643 <br />4,378,118 <br /> <br />543,145,941 <br /> <br />10,573,801 <br />1,379,646 <br />2,930,721 <br />3,724,480 <br />8,953,720 <br />1,028,418 <br />4,217,700 <br /> <br />2,102,800 <br />6,273,452 <br /> <br />5,981,610 <br />120,680,258 <br /> <br />167,846,606 <br /> <br />179,667,539 <br /> <br />66,477,907 <br />9,792,193 <br />33,565,141 <br />3,332,254 <br /> <br />113,167,495 <br /> <br />82,464,301 <br />375,299,335 <br />