Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Statement of Net Assets, Continued
Nonmajor Enterprise Funds
June 30, 2009
125
Total
Solid
nonmajor
Waste Civic Stormwater Special Parking enterprise
Liabilities Water Management Pier Auditorium Airport Management Cemetery Aviation Authority funds
s
Current liabilities:
Accounts payable $ 1,124,278 428,204 528,892 41,372 143,871 — 48,097 — 49,603 2,364,317
Accrued liabilities 298,994 448,151 91,454 145,852 78,820 — 42,002 — 210 1,105,483
Contracts payable (retained percentage) — — 227,358 — — — — — 135,879 363,237
Interest payable — — — — — 26,511 — — — 26,511
Due to other funds — — — — — 1,258,489 118,065 — — 1,376,554
Current portion of long-term obligations — — — — 22,218 243,790 — — — 266,008
Liabilities payable from restricted assets -
deposits 153,064 6,911,358 260,226 — 352,952 — — — — 7,677,600
Total current liabilities 1,576,336 7,787,713 1,107,930 187,224 597,861 1,528,790 208,164 — 185,692 13,179,710
Noncurrent liabilities:
Accrued liabilities 205,048 189,443 52,951 45,988 40,624 — 12,067 — — 546,121
Advances from other funds — — — — 9,519,786 — 3,166,074 — — 12,685,860
Deferred revenue — — 262,245 — — — — — — 262,245
Long-term obligations, net of current portion — — — — 22,218 2,815,182 — — — 2,837,400
Total noncurrent liabilities 205,048 189,443 315,196 45,988 9,582,628 2,815,182 3,178,141 — — 16,331,626
Total liabilities 1,781,384 7,977,156 1,423,126 233,212 10,180,489 4,343,972 3,386,305 — 185,692 29,511,336
Net Assets
Invested in capital assets, net of related debt 19,535,949 858,626 8,812,917 3,326,748 7,022,158 5,818,017 899,711 — 8,945,228 55,219,354
Unrestricted 19,566,057 6,201,419 7,069,034 1,568,586 (7,341,206) (634,887) (3,307,389) 248,177 9,946,164 33,315,955
Total net assets $ 39,102,006 7,060,045 15,881,951 4,895,334 (319,048) 5,183,130 (2,407,678) 248,177 18,891,392 88,535,309