Page 204 - Moreno Valley 2025 Annual Financial Report

City of Moreno Valley

Net Position by Component
Last ten fiscal years
(accrual basis of accounting)

Fiscal Year
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Governmental activities
Net investment in capital assets $ 843,153,359 $ 839,572,666 $ 837,174,593 $ 823,199,477 $ 807,820,542 $ 815,230,770 $ 790,714,054 $ 856,489,261 $ 877,152,233 $ 877,124,028
Restricted for:
Community development projects 67,426,468 63,563,689 69,723,387 72,126,493 71,043,104 76,026,632 45,190,864 46,500,366 45,227,393 46,277,224
Community and cultural 17,003,008 18,850,364 18,852,822 20,259,407 21,850,049 22,426,157 23,276,291 30,105,216 764,243 1,016,898
Public Safety 473,282 509,262 595,357 618,440 583,248 583,248 422,503 604,679 23,428,211 19,846,381
Public works/capital projects 45,945,528 47,002,124 50,262,334 59,592,469 59,630,024 63,605,906 87,504,537 6,029,354 110,536,171 103,371,277
Debt service 9,734,330 6,021,727 6,022,962 6,023,401 6,021,207 6,224,295 6,021,107 6,021,107 5,988,930 6,038,300
Other Programs 707,617 949,249 1,155,659 1,350,421 1,411,128 1,608,165 1,884,724 2,475,298 65,441 82,251
Permanent Funds 337,682 338,156 324,240 336,843 345,754 346,215 44,353 51,578 2,785,056 2,738,778
Net OPEB asset - - - - - - - - - 812,256
Unrestricted: 27,376,839 26,675,321 20,688,716 30,516,185 35,538,041 52,708,448 133,179,233 139,483,474 148,377,302 161,705,939
Total Governmental activities net position $ 1,012,158,113 $ 1,003,482,558 $ 1,004,800,070 $ 1,014,023,136 $ 1,004,278,642 $ 1,038,759,836 $ 1,088,237,666 $ 1,081,739,227 $ 1,214,324,980 $ 1,219,013,332
Business-type activities
Net investment in capital assets $ 13,977,670 $ 20,512,511 $ 20,959,563 $ 25,289,496 $ 25,754,111 $ 29,351,232 $ 27,055,337 $ 30,453,356 $ 36,479,881 $ 37,896,263
Restricted for:
Regulatory contingencies - 4,806,157 5,460,607 6,125,796 5,048,552 6,069,655 7,939,389 10,225,486 12,051,980 14,338,812
181
Net OPEB asset - - - - - - - - - 41,044
Unrestricted: 12,487,075 4,972,812 12,167,888 12,732,634 21,280,425 27,784,971 36,230,192 43,052,904 56,155,900 76,245,515
Total Business-type activities net position $ 26,464,745 $ 30,291,480 $ 38,588,058 $ 44,147,926 $ 52,083,088 $ 63,205,858 $ 71,224,918 $ 83,731,746 $ 104,687,761 $ 128,521,634

Primary government
Net investment in capital assets $ 857,131,029 $ 860,085,177 $ 858,134,156 $ 848,488,973 $ 833,574,653 $ 844,582,002 $ 817,769,391 $ 886,942,617 $ 913,632,114 $ 915,020,291
Restricted for:
Community development projects 67,426,468 63,563,689 69,723,387 72,126,493 71,043,104 76,026,632 45,190,864 46,500,366 45,227,393 46,277,224
Community and cultural 17,003,008 18,850,364 18,852,822 20,259,407 21,850,049 22,426,157 23,276,291 30,105,216 764,243 1,016,898
Public Safety 473,282 509,262 595,357 618,440 618,793 583,248 422,503 604,679 23,428,211 19,846,381
Public works/capital projects 45,945,528 47,002,124 50,262,334 59,592,469 59,630,024 63,605,906 87,504,537 81,457,406 110,536,171 103,371,277
Debt service 9,734,330 6,021,727 6,022,962 6,023,401 6,021,207 6,224,295 6,021,107 6,029,355 5,988,930 6,038,300
Other Programs 707,617 949,249 1,155,659 1,350,421 1,411,128 1,608,165 1,884,724 2,475,298 65,441 82,251
Permanent Funds 337,682 338,156 324,240 336,843 345,754 346,215 44,353 51,578 2,785,056 2,738,778
Public purpose programs - 4,806,157 5,460,607 6,125,796 5,048,552 6,069,655 7,939,389 10,225,486 12,051,980 14,338,812
Net OPEB asset - - - - - - - - - 853,300
Unrestricted: 39,863,914 31,648,133 32,856,604 43,248,819 56,818,466 80,493,419 169,409,425 182,536,378 204,533,202 237,951,454
Total primary government net position $ 1,038,622,858 $ 1,033,774,038 $ 1,043,388,128 $ 1,058,171,062 $ 1,056,361,730 $ 1,101,965,694 $ 1,159,462,584 $ 1,246,928,379 $ 1,319,012,741 $ 1,347,534,966

Source: City of Moreno Valley Financial and Management Services Department