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CITY OF PLEASANTON
<br />STATEMENT OF NET POSITION
<br />Governmental Business-Type
<br />Activities Activities Total
<br />Assets:
<br />Current assets:
<br />Cash and investments (Note 2)176,375,880$ 54,560,360$ 230,936,240$
<br />Restricted cash and investments (Note 2)43,293,783 438,935 43,732,718
<br />Receivables (net):
<br />Accounts 3,081,738 8,646,566 11,728,304
<br />Taxes 7,600,327 - 7,600,327
<br />Grants 81,471 - 81,471
<br />Interest 2,499,244 142,514 2,641,758
<br />Lease (Note 7)7,157,495 - 7,157,495
<br />Notes and loans (Note 3)24,344,335 - 24,344,335
<br />Internal balances (Note 1h)(288,467) 288,467 -
<br />Inventory and prepaid expenses - 147,382 147,382
<br /> Total current assets 264,145,806 64,224,224 328,370,030
<br />Noncurrent assets:
<br />Net investment in LAVWMA (Note 9c)- 17,516,886 17,516,886
<br />Capital assets (Note 5):
<br /> Nondepreciable 303,843,930 22,589,723 326,433,653
<br /> Depreciable, net 203,485,415 141,393,742 344,879,157
<br /> Total noncurrent assets 507,329,345 181,500,351 688,829,696
<br /> Total Assets 771,475,151 245,724,575 1,017,199,726
<br />Deferred Outflows of Resources:
<br />Related to pensions (Note 11)23,483,061 1,328,980 24,812,041
<br />Related to OPEB (Note 12)3,634,206 358,794 3,993,000
<br /> Total Deferred Outflows of Resources 27,117,267 1,687,774 28,805,041
<br />Liabilities:
<br />Current liabilities:
<br />Accounts payable 6,810,762 8,538,298 15,349,060
<br />Accrued payroll 2,401,893 294,858 2,696,751
<br />Accrued interest 1,015 89,677 90,692
<br />Refundable deposits 1,064,240 642,103 1,706,343
<br />Unearned revenue 4,619,615 893,647 5,513,262
<br />Compensated absences - due within one year (Note 1k)510,172 - 510,172
<br />Long-term debt - due within one year (Note 6)143,907 1,314,039 1,457,946
<br />Claims liability - due within one year (Note 8)1,721,336 - 1,721,336
<br /> Total current liabilities 17,272,940 11,772,622 29,045,562
<br />Noncurrent liabilities - due in more than one year:
<br /> Compensated absences (Note 1k)4,305,492 - 4,305,492
<br /> Long-term debt (Note 6)586,000 11,252,597 11,838,597
<br /> Claims liability (Note 8)7,949,523 - 7,949,523
<br /> Net deficit in LPFD (Note 9g)44,214,835 - 44,214,835
<br /> Net pension liability (Note 11)87,511,874 7,695,970 95,207,844
<br /> Net OPEB liability (Note 12)5,666,071 585,929 6,252,000
<br /> Total noncurrent liabilities 150,233,795 19,534,496 169,768,291
<br /> Total Liabilities 167,506,735 31,307,118 198,813,853
<br />Deferred Inflows of Resources:
<br />Related to pensions (Note 11)37,553,515 2,347,575 39,901,090
<br />Related to OPEB (Note 12)23,403,151 2,388,849 25,792,000
<br />Related to leases (Note 7)7,106,813 - 7,106,813
<br /> Total Deferred Inflows of Resources 68,063,479 4,736,424 72,799,903
<br />Net Position:
<br />Net investment in capital assets 506,599,438 151,416,829 658,016,267
<br />Restricted for:
<br /> Pension funding 43,293,783 - 43,293,783
<br /> Capital projects 32,928,348 - 32,928,348
<br /> Transportation - 448,318 448,318
<br /> Special projects 35,250,220 - 35,250,220
<br /> Community development projects 11,845,474 - 11,845,474
<br />Committed for:
<br /> General reserves 11,612,462 - 11,612,462
<br />Unrestricted (deficit)(78,507,521) 59,503,660 (19,003,861)
<br /> Total Net Position 563,022,204$ 211,368,807$ 774,391,011$
<br />JUNE 30, 2022
<br />Primary Government
<br />See Notes to Financial Statements.31
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