|
City of Eugene, Oregon Exhibit 1
<br />Statement of Net Position
<br />June 30, 2019
<br />(amounts in dollars)
<br />Governmental Business-type
<br />Assets Activities Activities Total
<br />Current assets
<br />Equity in pooled cash and investments 317,222,780 30,964,495 348,187,275
<br />Receivables (net of allowance)30,044,184 8,136,776 38,180,960
<br />Internal balances (3,640,385)3,640,385 0
<br />Due from other governments 7,366,804 4,825,379 12,192,183
<br />Inventories 1,051,173 43,799 1,094,972
<br />Prepaids and deposits 2,066,924 10,186 2,077,110
<br />Assets held for resale 3,060,606 0 3,060,606
<br />Total current assets 357,172,086 47,621,020 404,793,106
<br />Noncurrent assets
<br />Loans and notes receivable 0 11,004 11,004
<br />Advances to other funds 1,560,000 0 1,560,000
<br />Capital assets:
<br /> Land and construction in progress 124,533,880 22,795,422 147,329,302
<br /> Other capital assets (net of accumulated depreciation)366,268,608 233,776,129 600,044,737
<br />Total noncurrent assets 492,362,488 256,582,555 748,945,043
<br />Deferred outflows of resources
<br />Related to pensions 60,366,905 14,141,813 74,508,718
<br />Related to OPEB 1,996,486 558,294 2,554,780
<br />Total deferred outflows of resources 62,363,391 14,700,107 77,063,498
<br />Total assets and deferred outflows of resources 911,897,965 318,903,682 1,230,801,647
<br />Liabilities
<br />Current liabilities
<br />Accounts payable 3,933,917 1,607,675 5,541,592
<br />Wages payable 9,100,742 2,096,294 11,197,036
<br />Compensated absences payable 11,219,732 2,474,231 13,693,963
<br />Due to other governments 2,105,865 900,920 3,006,785
<br />Notes and contracts payable 204,000 0 204,000
<br />Claims payable 14,575,865 0 14,575,865
<br />Deposits 2,260,152 761,942 3,022,094
<br />Interest payable 369,808 48,234 418,042
<br />Unearned revenue 5,362,711 110,938 5,473,649
<br />Bonds payable 3,684,716 63,723 3,748,439
<br />Total current liabilities 52,817,508 8,063,957 60,881,465
<br />Noncurrent liabilities
<br />Compensated absences payable 187,376 24,477 211,853
<br />Notes and contracts payable 5,076,000 0 5,076,000
<br />Advances from other funds 960,000 600,000 1,560,000
<br />Bonds payable (net of unamortized discount/premium)75,213,296 8,574,296 83,787,592
<br />Net pension liability 161,340,621 38,486,071 199,826,692
<br />Net OPEB liability 13,431,386 3,150,028 16,581,414
<br />Total noncurrent liabilities 256,208,679 50,834,872 307,043,551
<br />Deferred inflows of resources
<br />Related to pensions 10,803,098 2,651,738 13,454,836
<br />Related to OPEB 324,471 82,514 406,985
<br />Total deferred inflows of resources 11,127,569 2,734,252 13,861,821
<br />Total liabilities and deferred inflows of resources 320,153,756 61,633,081 381,786,837
<br />Net position
<br />Net investment in capital assets 422,441,689 256,571,551 679,013,240
<br />Restricted for:
<br /> Capital projects 136,657,334 9,140,965 145,798,299
<br /> Debt service 1,147,169 0 1,147,169
<br /> Community development 13,560,404 0 13,560,404
<br /> Urban renewal 23,391,069 0 23,391,069
<br /> Other purposes 17,623,105 0 17,623,105
<br />Unrestricted (23,076,561)(8,441,915)(31,518,476)
<br />Total net position 591,744,209 257,270,601 849,014,810
<br />The accompanying notes are an integral part of the financial statements.
<br />23
<br />December 9, 2019, Meeting - Item 2CCC Agenda - Page 67
|