Comprehensive Annual Financial Report - City of Santa Monica
Comprehensive Annual Financial Report - City of Santa Monica
Comprehensive Annual Financial Report - City of Santa Monica
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CITY OF SANTA MONICA, CALIFORNIA<br />
Notes to Basic <strong>Financial</strong> Statements, Continued<br />
For the fiscal year ended June 30, 2009<br />
Designated fund balances<br />
General Fund<br />
Special revenue<br />
fund<br />
Special<br />
Revenue<br />
Source Fund<br />
Capital projects<br />
fund<br />
Earthquake<br />
Recovery<br />
Redevelopment<br />
Fund<br />
Other<br />
governmental<br />
funds<br />
Total<br />
governmental<br />
funds<br />
Civic area development $ 758,708 — — — 758,708<br />
Other purposes 471,716 — — — 471,716<br />
Compensated absences 9,622,333 — — 376,507 9,998,840<br />
Lifeguard headquarters — — — 10,000 10,000<br />
<strong>Santa</strong> <strong>Monica</strong> Place 5,809 — — — 5,809<br />
Affordable overnight accommodations 380,000 — — — 380,000<br />
Parks enhancement 370,845 — — — 370,845<br />
<strong>City</strong> Hall Renovation 3,320,718 — — — 3,320,718<br />
Education foundation 420,000 — — — 420,000<br />
Low-and moderate-income housing 186,855 — — 516,236 703,091<br />
Rent control — — — 58,975 58,975<br />
Consumer protection funds 39,218 — — — 39,218<br />
Franchise settlement — 1,801,450 — — 1,801,450<br />
Cable Franchise fee — 307,260 — — 307,260<br />
Environmental mitigation 1,569,131 — — — 1,569,131<br />
Capital improvements project start-up 260,000 — — — 260,000<br />
Employee training 120,000 — — — 120,000<br />
<strong>Comprehensive</strong> land use plan 101,845 — — — 101,845<br />
Homelessness capital projects 2,283 — — — 2,283<br />
Navy/Ozone/Longfellow improvements 83,000 — — — 83,000<br />
Economic uncertainty 8,200,000 — — — 8,200,000<br />
Fire vehicle replacement 3,067,600 — — — 3,067,600<br />
Green Energy 1,000,000 — — — 1,000,000<br />
Fuel set-aside 200,000 — — — 200,000<br />
Future expenditures 56,448,668 — — — 56,448,668<br />
Continuing capital projects 30,296,204 16,667,749 45,530,778 42,920,090 135,414,821<br />
Unrealized gain 1,058,087 — — — 1,058,087<br />
Library system improvements 416,000 — — — 416,000<br />
PERS 4,212,371 — — 114,327 4,326,698<br />
Operating contingency 25,250,000 — — — 25,250,000<br />
Total designated fund balances $ 147,861,391 18,776,459 45,530,778 43,996,135 256,164,763<br />
Civic Area Development<br />
Represents the balance <strong>of</strong> Transient Occupancy Tax receipts designated by <strong>City</strong> Council to be used for<br />
future development <strong>of</strong> the <strong>City</strong>'s Civic Center area.<br />
Other Purposes<br />
Represents funds designated for other purposes.<br />
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