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CITY OF EUGENE, OREGON
<br />Notes to Basic Financial Statements
<br />(4) Detailed Notes on All Funds, continued
<br /> (F) Deferred Revenue
<br />Governmental funds report deferred revenue in connection with receivables for revenues that are not
<br />considered to be available to liquidate liabilities of the current period. In addition, governmental funds and
<br />proprietary funds report deferred revenue in connection with resources that have been received but not yet
<br />earned. The various components of deferred revenue consist of the following:
<br />UnavailableUnearnedTotal
<br />Fund by type
<br />Property taxes receivable:
<br /> General$ 5,268,632 0 5,268,632
<br /> Other governmental funds 869,5840 869,584
<br />Assessments receivable:
<br /> Other governmental funds 991,6870 991,687
<br />Systems development charges receivable:
<br /> Systems Development Capital Projects 605,1280 605,128
<br />Notes receivable:
<br /> Community Development Special Revenue 14,266,348 0 14,266,348
<br /> General Capital Projects 41,1690 41,169
<br /> Systems Development Capital Projects 12,8400 12,840
<br /> Other governmental funds 1,441,1710 1,441,171
<br />Other:
<br /> General 566,6181,332,263 1,898,881
<br /> Community Development Special Revenue 010,000 10,000
<br /> Ambulance Transport 0631,898 631,898
<br /> Municipal Airport 0129,999 129,999
<br /> Parking Services 030,669 30,669
<br /> Stormwater Utility 050,495 50,495
<br /> Internal service funds 0133,000 133,000
<br /> Other governmental funds 201,805662,532 864,337
<br />Total deferred revenue $ 24,264,982 2,980,856 27,245,838
<br /> (G) Operating Leases
<br />The City conducts some of its operations from leased facilities located both inside and outside the central
<br />business district. All such leases for facilities are classified as operating leases and expire within the next six
<br />years. The total rental expense for the year ended June 30, 2009, for operating leases was $656,773. Most of
<br />these leases for facilities contain an option whereby the City can, after the initial lease term, renew its lease for
<br />periods of one to ten years. These options enable the City to retain use of facilities in desirable operating
<br />areas.
<br />continued
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