2025-city-of-oakland-acfr_final-123025.pdf

Business-type Activities - Enterprise Funds Governmental Activities Sewer Service Fund Nonmajor Fund Parks and Recreation Total Internal Service Funds ASSETS Current assets: Cash and investments $ 116,069 $ — $ 116,069 $ 52,760 Interest receivable 1,087 — 1,087 733 Accounts receivable (net of allowance for uncollectibles of $1,445 for the enterprise funds) 20,212 6 20,218 91 Lease receivable — — — 344 Inventories — — — 1,773 Restricted cash and investments — 660 660 — Prepaid expenses 73 — 73 1,853 Total current assets 137,441 666 138,107 57,554 Capital assets: Nondepreciable 2,160 361 2,521 12,756 Depreciable, net 242,866 779 243,645 24,651 Total capital assets 245,026 1,140 246,166 37,407 TOTAL ASSETS 382,467 1,806 384,273 94,961 DEFERRED OUTFLOWS OF RESOURCES Pensions 8,161 24 8,185 18,010 OPEB 2,345 31 2,376 3,531 TOTAL DEFERRED OUTFLOWS OF RESOURCES 10,506 55 10,561 21,541 LIABILITIES: Current liabilities: Accounts payable and accrued liabilities 2,667 7 2,674 8,679 Accrued interest payable 27 — 27 50 Due to other funds — 763 763 6 Other liabilities 6 — 6 3 Bonds, financed purchase obligations, notes and other payables 3,343 — 3,343 2,092 Total current liabilities 6,043 770 6,813 10,830 Non-current liabilities: Bonds, financed purchase obligations, notes and other payables 10,964 — 10,964 6,325 Net pension liability 45,992 402 46,394 64,410 Net OPEB liability 9,554 84 9,638 10,715 Total non-current liabilities 66,510 486 66,996 81,450 TOTAL LIABILITIES 72,553 1,256 73,809 92,280 DEFERRED INFLOWS OF RESOURCES Unamortized gains on refunding of debt 158 — 158 — Leases — — — 311 Pensions 89 97 186 210 OPEB 3,616 42 3,658 4,442 TOTAL DEFERRED INFLOWS OF RESOURCES 3,863 139 4,002 4,963 NET POSITION Net investment in capital assets 230,561 1,140 231,701 28,990 Unrestricted (deficit) 85,996 (674) 85,322 (9,731) TOTAL NET POSITION $ 316,557 $ 466 $ 317,023 $ 19,259 City of Oakland Statement of Fund Net Position Proprietary Funds June 30, 2025 (In thousands) The notes to the basic financial statements are an integral part of this statement. 29