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Item 4D: Resolution Acknowledging Receipt of CAFR
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Item 4D: Resolution Acknowledging Receipt of CAFR
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6/9/2010 12:47:21 PM
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1/11/2008 8:56:02 AM
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City Council
City_Council_Document_Type
Agenda Item Summary
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1/14/2008
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CITY OF EUGENE, OREGON <br />Notes to Basic Financial Statements <br />(4) Detailed Notes on All Funds, continued <br /> (C) Interfund Receivables, Payables, and Transfers <br />The composition of interfund receivables and payables at June 30, 2007 is as follows: <br />Receivable fundPayable fundAmount <br />Interfund loans receivable/payable (current portion of advances) <br />Internal service fundsInternal service funds$199,805 <br /> Total interfund loans receivable/payable$199,805 <br />Advances to/from other funds <br />Internal service fundsInternal service funds$430,081 <br /> Total advances to/from other funds$430,081 <br />Due to/from other funds <br />GeneralOther governmental funds <br />$ 46,866 <br /> Total due to/from other funds$46,866 <br />The Facilities Services Fund borrowed $1,338,384 from the Fleet Services Fund to pay for various energy <br />retrofit projects. The outstanding balance on June 30, 2007 is $629,886. The current and noncurrent portions <br />of the borrowing are $199,805 and $430,081, respectively. <br />The Public Safety Answering Point Special Revenue Fund had a cash deficit of $46,866 as of June 30, 2007. <br />The deficit is due to the timing of revenue collections. The General Fund transferred funds to cover the <br />temporary deficit. <br />continued <br />ëï <br />
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