|
CITY OF EUGENE, OREGON
<br />Notes to Basic Financial Statements
<br />(1) Summary of Significant Accounting Policies, continued
<br />(Q) Fund Balance, continued
<br />Fund balances by classification for the year ended June 30, 2019 were as follows:
<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 1,051,173 1,051,173
<br /> Prepaids and deposits 1,730,503 0 0 0 65,000 1,795,503
<br /> Permanent balance 0 0 0 0 80,000 80,000
<br />Restricted:
<br /> Capital projects 0 0 2,655,294 36,327,193 20,784,838 59,767,325
<br /> Community development 0 3,127,913 0 0 0 3,127,913
<br />Rental housing program 0 0 0 0 378,683 378,683
<br /> Cultural services 1,093,903 0 0 0 9,471,361 10,565,264
<br /> Debt service 0 0 0 0 524,898 524,898
<br /> Road maintenance 0 0 0 0 4,488,351 4,488,351
<br /> Public safety
<br />communications 0 0 0 0 2,480,358 2,480,358
<br /> Solid waste and recycling 0 0 0 0 864,515 864,515
<br /> Urban renewal 0 0 0 0 20,991,444 20,991,444
<br />Committed:
<br /> Construction permits 0 0 0 0 10,012,171 10,012,171
<br /> Special assessments 0 0 0 0 2,574,814 2,574,814
<br /> Telecommunications 0 0 0 0 5,060,987 5,060,987
<br />Assigned:
<br />Unappropriated
<br />ending fund balance 27,160,000 0 0 0 0 27,160,000
<br /> Capital projects 0 0 52,679,850 0 0 52,679,850
<br /> Cultural services 1,910,091 0 0 0 0 1,910,091
<br /> Encumbrances 2,538,610 0 0 0 0 2,538,610
<br /> Other reserves 624,128 0 0 0 0 624,128
<br />Unassigned 29,971,871 0 0 0 0 29,971,871
<br />Total fund balances $ 65,029,106 3,127,913 55,335,144 36,327,193 78,828,593 238,647,949
<br />(R) Indirect Expenses Allocation
<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 />44
<br />December 9, 2019, Meeting - Item 2CCC Agenda - Page 88
|