|
Water Sewer Port of
<br />Fund Fund Redwood City
<br />ASSETS
<br />Current assets:
<br />Cash and investments 64,152,494$ 53,532,698$ 26,757,220$
<br />Accounts receivable, net 5,443,090 2,218,876 2,305,767
<br />Interest receivable 68 - -
<br />Taxes receivable - - -
<br />Leases receivable - due in one year - - 1,083,244
<br />Intergovernmental receivable - 4,915,537 -
<br />Prepaid items, inventory, and deposits 758,636 4,754 642,209
<br />Total current assets 70,354,288 60,671,865 30,788,440
<br />Noncurrent assets:
<br />Restricted cash and investments 39,856 - 1,255,697
<br />Investment in Silicon Valley Clean Water capacity rights - - 400,000
<br />Prepaid bond insurance - - 10,699
<br />Investment in Sewer Authority - 43,351,333 -
<br />Leases receivable - due in more than one year - - 10,877,510
<br />Capital assets:
<br />Non-depreciable 7,019,395 3,488,607 12,178,007
<br />Depreciable, net 126,584,887 58,793,450 26,210,256
<br />Total capital assets 133,604,282 62,282,057 38,388,263
<br />Total noncurrent assets 133,644,138 105,633,390 50,932,169
<br />Total assets 203,998,426 166,305,255 81,720,609
<br />DEFERRED OUTFLOWS OF RESOURCES
<br />Deferred amount on refunding 49,825 - 89,341
<br />Related to OPEB 1,234,019 589,485 18,741
<br />Related to pensions 2,880,854 1,454,688 762,350
<br />Total deferred outflows of resources 4,164,698 2,044,173 870,432
<br />
<br />Major Funds
<br />City of Redwood City
<br />Statement of Net Position
<br />Proprietary Funds
<br />June 30, 2025
<br />See accompanying Notes to the Basic Financial Statements.
<br />40
<br />7.C. - Page 72 of 269
<br />91
|