HomeMy Public PortalAbout12 Agency FundsCOMPREHENSIVE
ANNUAL
FINANCIAL REPORT
CITY OF RANCHO MIRAGE, CALIFORNIA
Agency Funds are used to account for assets held by the City in a fiduciary capacity
for individuals, governmental entities and others.
The CITY AGENCY FUND is used to
account for refundable customer deposits.
AGENCY FUNDS
137
The ASSESSMENT DISTRICTS FUND is
used to account for assessment collections and
debt service payments of assessment districts
whose debt is not an obligation of the City.
CITY OF RANCHO MIRAGE
AGENCY FUNDS
COMBINING SCHEDULE OF CHANGES IN FIDUCIARY ASSETS AND LIABILITIES
Year ended June 30, 2009
Balance at Balance at
,Tuly 1.2008 Additions Deductions .Tune 30.2009
CITY AND AGENCY FUND
Assets:
Cash and Investments 2,887,754 793,372 895,312 2,785,815
Total assets 2,887,754 793,372 895,312 2,785,815
Liabilities:
Accounts payable 880,890 814,745 872,692 822,944
Deposits payable 2,006,864 770,542 814,535 1,962,871
Total liabilities 2,887,754 1,585,287 1,687,227 2,785,815
ASSESSMENT DISTRICTS FUND
Assets:
Cash and Investments 1,023,902 1,294,508 1,463,396 855,013
Cash and Investments with fiscal agent 1,325,910 751,715 757,841 1,319,784
Interest receivable 1,485 520 1,485 521
Accounts receivable 1,128 1,128
Due from other governments 29,171 35,668 29,171 35,668
Total assets 2,381,596 2,082,410 2,253,021 2,210,986
Liabilities:
Accounts payable
Due to bondholders 2,381,596 2,082,410 2,253,021 2,210,986
Total liabilities 2,381,596 2,082,410 2,253,021 2,210,986
TOTALS -ALL AGENCY FUNDS
Assets:
Cash and investments 3,911,656 2,087,880 2,358,708 3,640,828
Cash and investments with fiscal agent 1,325,910 751,715 757,841 1,319,784
Interest receivable 1,485 520 1,485 521
Accounts receivable 1,128 1,128
Due from other governments 29,171 35,668 29,171 35,668
Total Assets 5,269,350 2,875,782 3,148,332 4,996,800
Liabilities:
Accounts payable 880,890 814,745 872,692 822,944
Deposits payable 2,006,864 770,542 814,535 1,962,871
Due to bondholders 2,381,596 2,082,410 2,253,021 2,210,986
Total liabilities 5,269,350 3,667,697 3,940,247 4,996,800
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