Page 55 - Moreno Valley 2025 Annual Financial Report
P. 55
City of Moreno Valley, California
Statement of Fiduciary Net Position
June 30, 2025
Private‐Purpose
Trust Funds
Successor Agency
of the Former RDA Custodial Funds
Assets
Pooled cash and investments (1) $ 2,938,268 $ 480,360
Cash with fiscal agents (1) 5,527 -
Total assets 2,943,795 480,360
Liabilities
Accounts payable 59,829 480,360
Accrued interest 627,867 -
Short term debt - due within one year 2,325,010 -
Long term debt ‐ due in more than one year 45,996,473 -
Total liabilities 49,009,179 480,360
Net position
Restricted for other purpose (46,065,384) -
Total net position $ (46,065,384) $ -
See accompanying Notes to the Basic Financial Statements:
(1) Note 12
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