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Deferred inflows of resources - <br />Pension related <br />2020 <br />112901003 <br />O P E B related 214393493 <br />Total liabilities and deferred inflows of resources 22,120,092 <br />Net position: <br />Net Investment in capital assets <br />Restricted - Assessment Districts/1 15 Trust <br />Restricted - Joint Venture <br />Unrestricted <br />Total Net Position <br />2019 <br />2881533 <br />17238)356 <br />2917811992 <br />91,188, 8429418011383 <br />1211291906 218391875 <br />4216521824 3812111790 <br />1330163645 16, 670,124 <br />15819881217 15275231172 <br />The largest portion (57.36%) of the District's net position reflects its investment of $91.2 million in <br />capital assets (land, buildings, improvements, equipment, infrastructure and construction in <br />progress, net of accumulated depreciation), less any related outstanding debt used to acquire <br />those assets. The District has no debt related to asset acquisition. The District uses these capital <br />assets to provide services to citizens; consequently, these assets are not available for future <br />spending. <br />$42.6 million (26.83%) in restricted net position reflects the District's investment in its joint venture <br />with the City of Thousand Oaks - Conejo Open Space Conservation Authority (COSCA). The <br />District's share of COSCA's net position totals $42.6 million. These assets are not available for <br />future spending. Another portion of the Districts net position, $12.1 million (7.63%) represents <br />resources available in the District's three assessment districts ($3.8 million) and the remaining <br />$8.3 million is restricted for use only for the District's pension plan. The remaining balance $13.0 <br />million (8.19%) may be used to meet the District's ongoing obligation to citizens, employees and <br />creditors and to meet District imposed designations for postemployment benefits other than <br />pensions, and operating reserves. <br />Cash remained stable despite lower than budgeted recreation fee revenue due to COVID-19 <br />restrictions as the District reduced recreation expenses simultaneously. In addition, actual <br />revenues exceeded budgeted amounts by $4.2 million, primarily due to a payment of $4.3 million <br />related to the Woolsey Fire. Significant changes in the restricted for 115 trust, the deferred <br />outflows and inflows of resources and the noncurrent liabilities reflect the District's ongoing <br />management of retiree liabilities. <br />0 <br />