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

Pension Trust Fund Private- Purpose Trust Funds Custodial Fund ASSETS Cash and investments $ 10,412 $ 27,381 $ — Receivables: Accrued interest and dividends 1,373 478 — Accounts receivable — — 601 Investments and others 71,673 — — Prepaid expenses — 1,069 — Restricted: Cash and investments: Short-term investments 15,577 15,636 — U.S. government, corporate, and other government bonds 175,309 — — Domestic equities and mutual funds 189,536 — — International equities and mutual funds 72,903 — — Alternative investments 23,952 — — Total restricted cash and investments 477,277 15,636 — Securities lending collateral 45,689 — — Loans receivable, net of allowance for uncollectibles of $4,349 — 3,037 — Property held for resale — 2,818 — TOTAL ASSETS 606,424 50,419 601 DEFERRED OUTFLOWS OF RESOURCES Unamortized losses on refunding of debt — 9,337 — LIABILITIES Current liabilities: Accounts payable and accrued liabilities 84,088 44 — Accrued interest payable — 3,166 — Due to other funds of the City — 2,124 129 Securities lending liabilities 45,681 — — Other — 53 — Total current liabilities 129,769 5,387 129 Non-current liabilities: Due within one year — 11,286 — Due in more than one year — 178,078 — Total non-current liabilities — 189,364 — TOTAL LIABILITIES 129,769 194,751 129 DEFERRED INFLOWS OF RESOURCES Unamortized gains on refunding of debt — 219 — NET POSITION RESTRICTED FOR: Employees' pension benefits 476,653 — — Redevelopment dissolution and other purposes — (135,214) 472 TOTAL NET POSITION $ 476,653 $ (135,214) $ 472 City of Oakland Statement of Fiduciary Net Position Fiduciary Funds June 30, 2025 (In thousands) The notes to the basic financial statements are an integral part of this statement. 32