Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Combining Balance Sheet
Nonmajor Special Revenue Funds
June 30, 2008
Clean Beaches
Community
and Ocean Beach Housing Disaster Development
Assets Parcel Tax Recreation Authority Relief TORCA Block Grant
Cash and investments $ 2,458,548 6,468,425 2,972,686 — 8,160,198 1,209,848
Receivables (net, where applicable, of
allowances for uncollectibles):
Accounts 67,195 174,049 6,157 — — 3,257
Notes — — — — 9,371,971 10,802,229
Interest 10,349 76,624 24,261 141 82,701 3,108
Other governments — — 169,025 10,933,243 — 144,899
Prepaids — — — 560 — —
Advances to other funds — — — — — 6,717,627
Total assets $ 2,536,092 6,719,098 3,172,129 10,933,944 17,614,870 18,880,968
Liabilities and Fund Balances
Liabilities:
Accounts payable $ 83 176,003 186,651 37,523 60,352 129,523
Accrued liabilities — 49,100 — 2,311 — —
Short-term loan payable — — — — — —
Contracts payable (retained percentage) — — — — — 40,274
Due to other funds — — — 3,402,840 — —
Deferred revenue — — — 6,798,929 — 4,991,869
Deposits — 45,971 — — — —
Advances from other funds — 3,842,973 — 6,514,322 — —
Total liabilities 83 4,114,047 186,651 16,755,925 60,352 5,161,666
Fund balances:
Reserved 883,000 1,856,482 — 4,134,874 16,517,467 12,672,885
Unreserved - designated — 82,660 — — — 1,046,417
Unreserved - undesignated 1,653,009 665,909 2,985,478 (9,956,855) 956 1,037,051 051
—
Total fund balances (deficits) 2,536,009 2,605,051 2,985,478 (5,821,981) 17,554,518 13,719,302
Total liabilities and fund
balances $ 2,536,092 6,719,098 3,172,129 10,933,944 17,614,870 18,880,968
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