Page 193 - Moreno Valley 2025 Annual Financial Report

City of Moreno Valley, California

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

Equipment
Fleet Replacement Unfunded Total Internal
Operations Reserve Liabilities Service Funds
Assets
Current assets
Pooled cash and investments $ 10,698,128 $ 26,158,962 $ 9,892,231 $ 82,374,406
Receivables
Accounts - - - 66
Inventories 17,805 - - 73,796
Prepaid costs - - - 863,252
Total current assets 10,715,933 26,158,962 9,892,231 83,311,520
Noncurrent assets
Advances to other funds (3) - - - 20,147,223
Capital assets
Capital assets ‐ net of accumulated depreciation 44,359 - - 10,447,315
Total noncurrent assets 44,359 - - 30,594,538
Total assets $ 10,760,292 $ 26,158,962 $ 9,892,231 $ 113,906,058
Liabilities
Current liabilities
Accounts payable $ 14,028 $ - $ - $ 550,458
Compensated absences 112,466 - - 267,042
Self‐insurance payable - - - 1,588,000
Total current liabilities 126,494 - - 2,405,500
Noncurrent liabilities
Compensated absences 74,978 - - 178,029
Self‐insurance payable - - - 2,934,000
Total noncurrent liabilities 74,978 - - 3,112,029
Total liabilities 201,472 - - 5,517,529
Net position
Net investment in capital assets 44,359 - - 10,447,315
Unrestricted 10,514,461 26,158,962 9,892,231 97,941,214
Total net position 10,558,820 26,158,962 9,892,231 108,388,529
Total liabilities and net position $ 10,760,292 $ 26,158,962 $ 9,892,231 $ 113,906,058

171