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CITY OF PLEASANTON BALANCE SHEET

Original post made by Michael Austin, Pleasanton Meadows, on Aug 21, 2014

The City's Annual Comprehensive Financial Report (CAFR) that is prepared annually as of June 30TH. every year is posted to the City's web site and includes the balance sheet and statement of revenues, expenses and changes in fund net position. I was interested in Callippee Golf Course Balance Sheet. I was not surprised that Callippee fund net position was a loss for year ending June 30, 2013. I was surprised that across the board all funds net position was a loss

From The Balance Sheet:

SOURCE REVENUE EXPENSES OPERATING INCOME (LOSS)
WATER 21,648,222 23,506,159 (1,857,937)
SEWER 12,853,252 14,553,277 (1,700,025)
GOLF 3,921,815 5,043,778 (1,121,963)
STORM DRAIN 609,785 1,909,574 (1,218,789)
OTHER NON MAJOR 413,895 1,049,388 (635,493)

TOTALS 39,527,969 46,062,388 (6,534,207)

GOVERNMENTAL ACTIVITIES:

REVENUUE EXPENSES OPERATING INCOME (LOSS)
30,837,845 35,250,246 (4,412,401)

Comments (3)

 +   Like this comment
Posted by Right
a resident of Birdland
on Aug 21, 2014 at 4:08 pm

Maybe there should be a public protest, because everyone in Pleasanton is extremely concerned by these numbers. And I mean everyone.


 +   Like this comment
Posted by Cholo
a resident of Livermore
on Aug 21, 2014 at 5:35 pm

Please explain how to read the numbers. GRACIAS!


 +   Like this comment
Posted by Michael Austin
a resident of Pleasanton Meadows
on Aug 21, 2014 at 5:55 pm

Cholo,
Thank you for your question.
The weekly site software does not interpret 'TAB - Column'.
Knowing this, I attempted to space in column format.
When I posted, the software by design compressed everything together.

Reading the numbers:
The parenthesis () the numbers between the () indicate loss.
First set of numbers indicate income, second set of numbers indicate expenses, third set of numbers indicate net operating income (LOSS).


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