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City of Redwood City
<br />Notes to the Basic Financial Statements (Continued)
<br />For the Year Ended June 30, 2025
<br />
<br />
<br />76
<br />Note 1 – Summary of Significant Accounting Policies (Continued)
<br />
<br />W. Reclassification of Governmental Function Categories (Continued)
<br />
<br />Prior and Current Classification Structure
<br />
<br />The table below summarizes the prior departmental classification structure and the corresponding new SCO
<br />function categories:
<br />
<br />Prior Function Label New SCO Function Basis for Mapping
<br />Community Development (CD) –
<br />Affordable Housing
<br />General Government Direct — management and support per SCO FTR Form 24
<br />CD – Community Planning, Regulation,
<br />Engineering, and Code Enforcement
<br />Community Development Direct — land use planning, building services, capital/engineering per
<br />SCO FTR Form 25
<br />Human Services Culture and Leisure Direct — community centers per SCO FTR Form 26
<br />Public Safety Public Safety Direct — law enforcement and fire suppression/prevention per SCO
<br />FTR Form 24
<br />Transportation Public Ways and Facilities Direct — streets/highways/storm drains per SCO FTR Form 24
<br />Environmental Support and Protection
<br />(ESP) – Landscape Maintenance
<br />Culture and Leisure Direct — parks per SCO FTR Form 26
<br />ESP – Trash Collection, Street
<br />Cleaning/Stormwater Collection
<br />Public Ways and Facilities Direct — capital/engineering per SCO FTR Form 25
<br />Leisure, Cultural and Information Services
<br />(LCIS) – Parks and Recreation
<br />Culture and Leisure Direct — recreation per SCO FTR Form 26
<br />LCIS – Information Services Culture and Leisure Direct — library per SCO FTR Form 26
<br />Policy Development and Implementation General Government Direct — executive/administrative overhead and legislative per SCO
<br />FTR Form 24
<br />Effect on Prior-Year Comparative Data
<br />
<br />For the government-wide Statement of Activities and the governmental fund Statements of Revenues, Expenditures,
<br />and Changes in Fund Balances, prior-year amounts have been reclassified where the City’s prior accounting records
<br />contained sufficient detail to allow mapping to the new function categories.
<br />
<br />The following reconciliation confirms that the reclassification has no effect on total government-wide governmental
<br />program revenues and expenditures (as noted in the City’s Management Discussion and Analysis) (amounts in
<br />thousands):
<br />
<br />June 30, 2024,
<br />As Previously
<br />Reported
<br />Reclassification
<br />Adjustments
<br />June 30, 2024,
<br />As Reclassified
<br />June 30, 2024,
<br />As Previously
<br />Reported
<br />Reclassification
<br />Adjustments
<br />June 30, 2024,
<br />As Reclassified
<br />Function
<br />General government -$ 21,028$ 21,028$ -$ 7,831$ 7,831$
<br />Public safety 113,494 - 113,494 20,513 - 20,513
<br />Public ways and facilities - 31,912 31,912 - 13,409 13,409
<br />Community development (new) - 25,005 25,005 - 22,629 22,629
<br />Culture and leisure - 36,255 36,255 - 8,613 8,613
<br />Community development (old) 24,982 (24,982) - 22,629 (22,629) -
<br />Human services 3,525 (3,525) - - - -
<br />Transportation 21,935 (21,935) - 13,409 (13,409) -
<br />Environmental support and protection 9,970 (9,970) - 1,004 (1,004) -
<br />Leisure, cultural and information services 36,214 (36,214) - 8,613 (8,613) -
<br />Policy development and implementation 17,574 (17,574) - 6,827 (6,827) -
<br />Interest on long term debt 3,800 - 3,800 - - -
<br />Total 231,494$ (77,945)$ 40,055$ 72,995$ -$ 72,995$
<br />Expenses Program Revenues
<br />7.C. - Page 108 of 269
<br />127
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