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2025 2024 2023 2022 2021 <br />Governmental activities <br />Net investment in capital assets 306,529,564$ 286,308,264$ 291,489,784$ 286,883,525$ 281,208,983$ <br />Restricted 138,145,415 145,301,412 143,104,857 153,815,381 149,965,124 <br />Unrestricted (deficit)(104,233,098) (139,041,102) (143,157,583) (161,145,841) (195,912,369) <br />Total governmental activities net assets 340,441,881 292,568,574 291,437,058 279,553,065 235,261,738 <br />Business-type activities: <br />Net investment in capital assets 213,598,348 202,881,942 197,353,087 198,640,697 188,639,524 <br />Restricted 11,258,479 10,685,426 10,263,375 10,121,360 10,317,442 <br />Unrestricted 175,852,359 167,816,953 158,140,378 140,776,652 136,479,897 <br />Total business-type activities 400,709,186 381,384,321 365,756,840 349,538,709 335,436,863 <br />Primary government: <br />Net investment in capital assets 520,127,912 489,190,206 488,842,871 485,524,222 469,848,507 <br />Restricted 149,403,894 155,986,838 153,368,232 163,936,741 160,282,566 <br />Unrestricted (deficit)71,619,261 28,775,851 14,982,795 (20,369,189) (59,432,472) <br />Total primary government 741,151,067$ 673,952,895$ 657,193,898$ 629,091,774$ 570,698,601$ <br />Source: City of Redwood City, Finance Department <br />Fiscal Year <br />Net Position by Component <br />City of Redwood City <br />Last Ten Fiscal Years <br />(amounts in thousands) <br />204 <br />7.C. - Page 236 of 269 <br />255