Page 192 - Moreno Valley 2025 Annual Financial Report

City of Moreno Valley, California

Combining Statement of Net Position
Internal Service Funds
June 30, 2025

General Workers’
Liability Compensation Technology Facilities
Insurance Insurance Services Maintenance
Assets
Current assets
Pooled cash and investments $ 4,333,629 $ 4,029,273 $ 10,836,362 $ 16,425,821
Receivables
Accounts - - - 66
Inventories - - - 55,991
Prepaid costs 861,555 - - 1,697
Total current assets 5,195,184 4,029,273 10,836,362 16,483,575
Noncurrent assets
Advances to other funds (3) - - - 20,147,223
Capital assets
Capital assets ‐ net of accumulated depreciation - - 2,491,028 7,911,928
Total noncurrent assets - - 2,491,028 28,059,151
Total assets $ 5,195,184 $ 4,029,273 $ 13,327,390 $ 44,542,726
Liabilities
Current liabilities
Accounts payable $ - $ 6,854 $ - $ 529,576
Compensated absences 19,660 - - 134,916
Self‐insurance payable 1,085,000 503,000 - -
Total current liabilities 1,104,660 509,854 - 664,492
Noncurrent liabilities
Compensated absences 13,107 - - 89,944
Self‐insurance payable 1,430,000 1,504,000 - -
Total noncurrent liabilities 1,443,107 1,504,000 - 89,944
Total liabilities 2,547,767 2,013,854 - 754,436
Net position
Net investment in capital assets - - 2,491,028 7,911,928
Unrestricted 2,647,417 2,015,419 10,836,362 35,876,362
Total net position 2,647,417 2,015,419 13,327,390 43,788,290
Total liabilities and net position $ 5,195,184 $ 4,029,273 $ 13,327,390 $ 44,542,726

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