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 CASH FLOWS FROM OPERATING ACTIVITIES Cash receipts from interfund services provided $ — $ — $ — $ 145,646 Cash received from customers and users 74,874 — 74,874 — Cash received from tenants for rents — 1,036 1,036 — Cash from other sources 7 — 7 1,990 Cash paid to employees (24,375) (140) (24,515) (60,377) Cash paid to suppliers (30,206) (677) (30,883) (95,452) NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 20,300 219 20,519 (8,193) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Proceeds from (repayment of) interfund loans — (233) (233) (57) Transfers in — 427 427 — Transfers out (1,697) (1) (1,698) (6,690) NET CASH PROVIDED BY (USED IN) NONCAPITAL FINANCING ACTIVITIES (1,697) 193 (1,504) (6,747) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition of capital assets (3,334) — (3,334) (10,929) Long-term debt: Repayment of long-term debt (2,860) — (2,860) (4,986) Interest paid on long-term debt (791) — (791) (421) NET CASH USED IN CAPITAL AND RELATED FINANCING ACTIVITIES (6,985) — (6,985) (16,336) CASH FLOWS FROM INVESTING ACTIVITIES Interest received (paid) 5,124 (35) 5,089 3,649 NET CHANGE IN CASH AND CASH EQUIVALENTS 16,742 377 17,119 (27,627) Cash and cash equivalents - beginning 99,327 283 99,610 80,387 CASH AND CASH EQUIVALENTS - ENDING $ 116,069 $ 660 $ 116,729 $ 52,760 RECONCILIATION OF OPERATING INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES Operating income (loss) $ 12,866 $ 165 $ 13,031 $ (16,724) ADJUSTMENTS TO RECONCILE OPERATING INCOME (LOSS) TO NET CASH PROVIDED BY(USED IN) OPERATING ACTIVITIES Depreciation and amortization 8,250 58 8,308 11,314 Miscellaneous non-operating revenues — — — 1,990 Changes in assets, liabilities, and deferred outflows and inflows of resources: Accounts receivable (1,052) — (1,052) 4 Lease receivable — — — 253 Inventories — — — (280) Other assets (34) — (34) (1,023) Accounts payable and accrued liabilities (693) (4) (697) 1,176 Deferred inflow of resources related to leases — — — (254) Net pension liability and related pension deferred items 1,537 — 1,537 (2,972) Net OPEB liability and related OPEB deferred items (574) — (574) (1,677) NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES $ 20,300 $ 219 $ 20,519 $ (8,193) RECONCILIATION OF CASH AND CASH EQUIVALENTS TO THE STATEMENT OF FUND NET POSITION Cash and investments $ 116,069 $ — $ 116,069 $ 52,760 Restricted cash and investments — 660 660 — TOTAL CASH AND CASH EQUIVALENTS $ 116,069 $ 660 $ 116,729 $ 52,760 NON-CASH CAPITAL FINANCING ACTIVITIES ITEMS: Amortization of bond premiums $ 343 $ — $ 343 $ — City of Oakland Statement of Cash Flows Proprietary Funds Year Ended June 30, 2025 (In thousands) The notes to the basic financial statements are an integral part of this statement. 31