A balance sheet is an accounting tool used to summarize the financial status of a business or other entity. It generally lists assets on one side and liabilities on the other, and both sides are always in balance. Assets and liabilities are divided into short- and long-term obligations including cash accounts such as checking, money market, or government securities. At any given time, assets must equal liabilities plus owners equity. An asset is anything the business owns that has monetary value. Liabilities are the claims of creditors against the assets of the business. A balance sheet is usually prepared each month, quarter of a year, annually, or upon sale of the business, in order to show the overall condition of the company.
Net cash balance means the beginning cash balance plus cash receipts minus cash disbursements. It also refers to the amount of money in an account. It is calculated by adding the initial deposit to all subsequent deposits and then subtracting all disbursements. A positive net cash balance indicates that money is present and available in the account, while a negative one indicates that the account is overdrawn.
A cash balance plan is a type of defined benefit plan. It also includes some elements that are similar to a defined contribution plan. In a cash balance plan, the benefit amount is computed based on a formula using contribution and earning credits, and each participant has a hypothetical account.
The Alameda California Balance Sheet Support Schedule — Cash Balance is a financial statement that provides a detailed summary of the cash assets held by the Alameda California government. This document showcases the amount of cash and cash equivalents available to the city at a specific point in time, ultimately reflecting its financial stability and liquidity. The Cash Balance section of the Alameda California Balance Sheet Support Schedule encompasses various types of cash accounts held by the city. These may include: 1. General Fund Cash Balance: This category includes the cash assets maintained in the general fund, which is the primary operating fund for the city. It represents the core cash resources available for day-to-day operations, such as paying employees' salaries, funding public services, and covering general expenses. 2. Special Revenue Funds Cash Balance: Alameda California may have separate funds designated for specific purposes, such as public transportation, infrastructure projects, or education. The Balance Sheet Support Schedule details the cash balance for each of these special revenue funds, offering transparency and accountability in tracking the usage of these restricted funds. 3. Capital Projects Funds Cash Balance: Cash set aside for capital improvement projects, such as constructing or renovating public facilities, is recorded in this category. The Balance Sheet Support Schedule outlines the cash balance dedicated to these long-term projects and ensures the availability of funds for their completion. 4. Debt Service Funds Cash Balance: The city of Alameda California may have outstanding debts or loans for which it must allocate specific funds for repayment. This section of the Balance Sheet Support Schedule highlights the cash balance specifically earmarked for servicing debts, including the principal and interest payments. 5. Enterprise Funds Cash Balance: Alameda California may also operate business-like activities, such as water and sewage utilities or parking services, which generate revenues. The cash balance for these enterprise funds is illustrated in this section, showcasing the financial performance and sustainability of these self-supporting operations. The Alameda California Balance Sheet Support Schedule — Cash Balance provides a comprehensive overview of the various cash positions held by the city. It allows stakeholders, including government officials, investors, and the public, to gain insights into the city's financial health, solvency, and the availability of resources to meet future obligations. By presenting information in a structured and detailed manner, the Balance Sheet Support Schedule ensures transparency and enables informed decision-making for the responsible management of Alameda California's finances.The Alameda California Balance Sheet Support Schedule — Cash Balance is a financial statement that provides a detailed summary of the cash assets held by the Alameda California government. This document showcases the amount of cash and cash equivalents available to the city at a specific point in time, ultimately reflecting its financial stability and liquidity. The Cash Balance section of the Alameda California Balance Sheet Support Schedule encompasses various types of cash accounts held by the city. These may include: 1. General Fund Cash Balance: This category includes the cash assets maintained in the general fund, which is the primary operating fund for the city. It represents the core cash resources available for day-to-day operations, such as paying employees' salaries, funding public services, and covering general expenses. 2. Special Revenue Funds Cash Balance: Alameda California may have separate funds designated for specific purposes, such as public transportation, infrastructure projects, or education. The Balance Sheet Support Schedule details the cash balance for each of these special revenue funds, offering transparency and accountability in tracking the usage of these restricted funds. 3. Capital Projects Funds Cash Balance: Cash set aside for capital improvement projects, such as constructing or renovating public facilities, is recorded in this category. The Balance Sheet Support Schedule outlines the cash balance dedicated to these long-term projects and ensures the availability of funds for their completion. 4. Debt Service Funds Cash Balance: The city of Alameda California may have outstanding debts or loans for which it must allocate specific funds for repayment. This section of the Balance Sheet Support Schedule highlights the cash balance specifically earmarked for servicing debts, including the principal and interest payments. 5. Enterprise Funds Cash Balance: Alameda California may also operate business-like activities, such as water and sewage utilities or parking services, which generate revenues. The cash balance for these enterprise funds is illustrated in this section, showcasing the financial performance and sustainability of these self-supporting operations. The Alameda California Balance Sheet Support Schedule — Cash Balance provides a comprehensive overview of the various cash positions held by the city. It allows stakeholders, including government officials, investors, and the public, to gain insights into the city's financial health, solvency, and the availability of resources to meet future obligations. By presenting information in a structured and detailed manner, the Balance Sheet Support Schedule ensures transparency and enables informed decision-making for the responsible management of Alameda California's finances.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
