Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds By Fund Type
June 30, 2008
Total Total Total
special capital Total Total nonmajor
revenue projects debt service permanent governmental
Assets funds funds funds funds funds
Cash and investments $ 36,453,209 40,606,192 — 13,303 77,072,704
Receivables (net, where applicable, of
allowances for uncollectibles):
Accounts 250,658 — — 1,709 252,367
Notes 27,894,571 19,127,752 — — 47,022,323
Property tax — 1,062,250 — — 1,062,250
Interest 404,332 204,795 — — 609,127
Other governments 14,513,046 — — — 14,513,046
Prepaids 10,556 — — — 10,556
Cash with fiscal agent — 665,162 18,953,165 7,711,226 27,329,553
Advances to other funds 9,836,527 — — — 9,836,527
Total assets $ 89,362,899 61,666,151 18,953,165 7,726,238 177,708,453
Liabilities and Fund Balances
Liabilities:
Accounts payable $ 4,171,167
126,740 — — 4,297,907
Accrued liabilities 162,247 — — — 162,247
Short-term loan payable 400,000 — — — 400,000
Contracts payable (retained percentage) 752,687 — — — 752,687
Due to other funds 3,402,840 — — — 3,402,840
Deferred revenue 13,702,326 — — — 13,702,326
Deposits 45,971 — — — 45,971
Advances from other funds 10,357,295 6,371,075 — — 16,728,370
Total liabilities 32,994,533 6,497,815 — — 39,492,348
Fund balances:
Reserved 52,007,506 55,757,589 18,953,165 7,726,238 134,444,498
Unreserved - designated 1,764,093 — — — 1,764,093
Unreserved - undesignated 2,596,767 (589,253) — — 2,007,514
Total fund balances 56,368,366 55,168,336 18,953,165 7,726,238 138,216,105
Total liabilities and
fund balances $ 89,362,899 61,666,151 18,953,165 7,726,238 177,708,453
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