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CITY OF EUGENE, OREGON
<br />
<br />Notes to Basic Financial Statements
<br />
<br />continued
<br />(1) Summary of Significant Accounting Policies, continued
<br />
<br />(Q) Fund Balance, continued
<br />
<br />Systems
<br />General Development Other Total
<br />Community Capital Capital Governmental Governmental
<br />Fund balances General Development Projects Projects Funds Funds
<br />Nonspendable:
<br /> Inventories $ 0 0 0 0 985,626 985,626
<br /> Prepaids and deposits 1,512,034 0 0 0 111,969 1,624,003
<br /> Assets held for resale 0 0 0 0 3,215,264 3,215,264
<br /> Permanent balance 0 0 0 0 80,000 80,000
<br />Restricted:
<br /> Capital projects 0 0 1,937,626 31,397,861 8,551,051 41,886,538
<br /> Community development 0 4,117,971 0 0 0 4,117,971
<br />Rental housing program 0 0 0 0 395,574 395,574
<br /> Cultural services 921,003 0 0 0 6,888,087 7,809,090
<br /> Debt service 0 0 0 0 890,943 890,943
<br /> Road maintenance 0 0 0 0 4,231,255 4,231,255
<br /> Public safety
<br />communications 0 0 0 0 2,373,963 2,373,963
<br /> Solid waste and recycling 0 0 0 0 740,007 740,007
<br /> Urban renewal 0 0 0 0 14,219,701 14,219,701
<br />Committed:
<br /> Construction permits 0 0 0 0 5,127,104 5,127,104
<br /> Special assessments 0 0 0 0 2,455,587 2,455,587
<br /> Telecommunications 0 0 0 0 5,116,651 5,116,651
<br />Assigned:
<br />Unappropriated
<br />ending fund balance 25,990,000 0 0 0 0 25,990,000
<br /> Capital projects 0 0 18,354,678 0 0 18,354,678
<br /> Cultural services 1,392,549 0 0 0 0 1,392,549
<br /> Encumbrances 1,940,790 0 0 0 0 1,940,790
<br /> Reserve for next year's
<br />spending 227,017 0 0 0 0 227,017
<br /> Reserve for revenue
<br />shortfall 20,529,818 0 0 0 0 20,529,818
<br /> Other reserves 1,000,097 0 0 0 0 1,000,097
<br />Unassigned 11,420,867 0 0 0 0 11,420,867
<br />Total fund balances $ 64,934,175 4,117,971 20,292,304 31,397,861 55,382,782 176,125,093
<br />
<br />(R) Indirect Expenses Allocation
<br />
<br />In the fund financial statements, the City allocates certain indirect costs incurred by the central services function of the
<br />General Fund to other funds in order to recover expenditures made on behalf of those other City funds. This
<br />allocation has been removed from the direct expenses column in the government-wide Statement of Activities and a
<br />separate column titled indirect expenses allocation has been presented. Indirect costs allocated to business-type
<br />activities are equal to the amount actually paid by the function. The remaining indirect costs are allocated to
<br />governmental activities based on personnel service costs. The remaining net expense in the central services function
<br />represents direct program activity of that function including its share of allocated indirect costs.
<br />48
<br />December 10, 2018, Meeting - Item 2D
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