|
7.1.G. - Page 135 CITY OF REDWOOD CITY, CALIFORNIA
<br /> INTERNAL SERVICE FUNDS
<br /> COMBINING STATEMENT OF NET POSITION
<br /> JUNE 30, 2013
<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 7,221,741 11,995,530 2,085,182 338,168 21,640,621
<br /> Receivables (net of allowance for uncollectibles):
<br /> Accounts 36,784 455 37,239
<br /> Accrued interest 3,719 3,719
<br /> Due from other governmental agencies 79,919 122,224 202,143
<br /> Due from other funds 300,000 300,000
<br /> Inventory of supplies at cost 140,391 140,391
<br /> Deposits 250,000 250,000
<br /> Prepaid items 9,071 9,071
<br /> Total current assets 7,782,554 12,245,530 2,216,477 338,623 22,583,184
<br /> Noncurrent assets:
<br /> Advances to other funds 2,700,000 2,700,000
<br /> Capital assets:
<br /> Equipment, net 7,669,100 688,948 8,358,048
<br /> Net capital assets 7,669,100 688,948 8,358,048
<br /> Total noncurrent assets 10,369,100 688,948 11,058,048
<br /> Total assets 18,151,654 12,245,530 2,905,425 338,623 33,641,232
<br /> LIABILITIES
<br /> Current liabilities:
<br /> Accounts payable 153,456 236,493 221,324 611,273
<br /> Insurance claims payable - current portion 2,502,850 2,502,850
<br /> Accrued sick leave and vacation - current portion 48,446 307,244 355,690
<br /> Unearned revenue 40,000 40,000
<br /> Total current liabilities 241,902 2,739,343 528,568 3,509,813
<br /> Noncurrent liabilities:
<br /> Insurance claims payable 10,897,502 10,897,502
<br /> Accrued sick leave and vacation 116,268 486,033 602,301
<br /> Net OPEB obligation 74,492 25,994 390,836 491,322
<br /> Total noncurrent liabilities 190,760 10,923,496 876,869 11,991,125
<br /> Total liabilities 432,662 13,662,839 1,405,437 15,500,938
<br /> NET POSITION
<br /> Invested in capital assets 7,669,100 688,948 8,358,048
<br /> Unrestricted 10,049,892 (1,417,309) 811,040 338,623 9,782,246
<br /> Total net position 17,718,992 (1,417,309) 1,499,988 338,623 18,140,294
<br /> 107
<br />
|