HomeMy WebLinkAboutE Other Governmental FundsOTHER GOVERNMENTAL FUNDS
COMBINING STATEMENTS
109
CITY OF PALM DESERT
COMBINING BALANCE SHEET
OTHER GOVERNMENTAL FUNDS
JUNE 30, 2018
ASSETS:
Pooled cash and investments 21,763,069$ 14,270,347$ 199,777$ 36,233,193$
Receivables:
Accounts 475,999 4,610 -480,609
Assessments - - 1,227,632 1,227,632
Loans 3,381,820 - - 3,381,820
Interest 266,315 2,321,644 - 2,587,959
Prepaid costs 1,250 - -1,250
Due from other governments 442,772 2,132 4,627 449,531
Due from other funds - 500,000 -500,000
Inventories 4,868 - -4,868
Restricted assets:
Cash and investments with fiscal agents - 2,020,373 - 2,020,373
Advances to Successor Agency 654,000 12,765,000 - 13,419,000
TOTAL ASSETS 26,990,093$ 31,884,106$ 1,432,036$ 60,306,235$
Liabilities, Deferred Inflows of Resources,
and Fund Balances:
LIABILITIES:
Accounts payable 1,246,667$ 190,356$ 3,510$ 1,440,533$
Accrued liabilities 9,308 - -9,308
Unearned revenues 151,594 63,041 -214,635
Deposits payable 148,140 107,430 109,526 365,096
Due to other funds 2,268,800 2,553,000 - 4,821,800
TOTAL LIABILITIES 3,824,509 2,913,827 113,036 6,851,372
DEFERRED INFLOWS OF RESOURCES:
Unavailable revenues 281,928 2,297,700 1,227,632 3,807,260
Total Deferred Inflows of Resources 281,928 2,297,700 1,227,632 3,807,260
FUND BALANCES:
Nonspendable:
Prepaid costs 1,250 - -1,250
Restricted for:
Public safety 1,202,801 - - 1,202,801
Capital Projects - 2,030,638 - 2,030,638
Debt service - - 91,368 91,368
Street related purposes 3,579,943 - - 3,579,943
Low income housing 2,858,798 - - 2,858,798
Public facilities 4,405,755 - - 4,405,755
Special programs 5,958,776 1,383,878 - 7,342,654
Committed to:
Aquatic center 2,134,436 - - 2,134,436
Energy loan program 2,741,897 - - 2,741,897
Assigned to:
Capital projects - 8,597,824 - 8,597,824
Property acquisition - 420,387 -420,387
Public facilities - 11,412,183 - 11,412,183
Special programs - 667,255 -667,255
Street related purposes - 2,160,414 -2,160,414
TOTAL FUND BALANCES 22,883,656 26,672,579 91,368 49,647,603
TOTAL LIABILITIES, DEFERRED INFLOWS
OF RESOURCES AND FUND BALANCES 26,990,093$ 31,884,106$ 1,432,036$ 60,306,235$
Special
Revenue
Funds
Total Other
Governmental
Funds
Debt Service
Fund
Capital
Projects
Funds
110
CITY OF PALM DESERT
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
OTHER GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2018
REVENUES:
Taxes 295,433$ -$ -$ 295,433$
Special assessments collected 1,072,061 - 135,269 1,207,330
Licenses and permits - 181,645 - 181,645
Intergovernmental revenues 2,082,629 134,533 - 2,217,162
Charges for services 1,235,573 -- 1,235,573
Investment earnings 517,250 218,460 1,967 737,677
Fines and forfeitures 12,794 -- 12,794
Miscellaneous 33,750 2,039,045 - 2,072,795
TOTAL REVENUES 5,249,490 2,573,683 137,236 7,960,409
EXPENDITURES:
Current:
General government 997,600 424,743 22,604 1,444,947
Public safety 83,205 19,698 - 102,903
Parks, recreation and culture 1,459,940 504,582 - 1,964,522
Public works 3,470,473 272,087 - 3,742,560
Housing and redevelopment 557,224 -- 557,224
Capital outlay 284,629 148,344 - 432,973
Debt service:
Principal retirement 108,000 - 42,000 150,000
Interest and fiscal charges 189,980 - 70,991 260,971
TOTAL EXPENDITURES 7,151,051 1,369,454 135,595 8,656,100
EXCESS OF REVENUES OVER
(UNDER) EXPENDITURES (1,901,561) 1,204,229 1,641 (695,691)
OTHER FINANCING SOURCES (USES)
Transfers in 1,265,361 68,621 - 1,333,982
Transfers out (13,917) (1,287,164) - (1,301,081)
TOTAL OTHER FINANCING
SOURCES (USES)1,251,444 (1,218,543) - 32,901
NET CHANGE IN FUND BALANCES (650,117) (14,314) 1,641 (662,790)
FUND BALANCES - BEGINNING OF YEAR 23,533,773 26,686,893 89,727 50,310,393
FUND BALANCES - END OF YEAR 22,883,656$ 26,672,579$ 91,368$ 49,647,603$
Total Other
Governmental
Funds
Special
Revenue
Funds
Capital
Projects
Funds
Debt Service
Fund
111
THIS PAGE INTENTIONALLY LEFT BLANK
112