{ "document_id": 11748, "page": 86, "width_pt": 612, "height_pt": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 11861, "item_count": 38, "counts_by_type": { "caption": 2, "footer": 1, "header": 1, "heading": 4, "table": 2, "table_cell": 24, "text": 4 }, "build_ms": 7, "items": [ { "id": "p86.1", "order": 1, "type": "header", "bbox": { "l": 51.84, "t": 758.88, "r": 236.16, "b": 721.44 }, "text": "CITY OF PALM DESERT, CALIFORNIA\nNotes to Basic Financial Statements\nFor the Year Ended June 30, 2025", "attrs": { "block_label": "header" }, "level": 2 }, { "id": "p86.2", "order": 2, "type": "heading", "bbox": { "l": 51.36, "t": 705.6, "r": 209.04, "b": 692.64 }, "text": "NOTE 8 - LEASES (CONTINUED)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p86.3", "order": 3, "type": "text", "bbox": { "l": 52.32, "t": 686.16, "r": 409.44, "b": 672.96 }, "text": "The principal and interest payments that are expected to maturity are as follows:" }, { "id": "p86.4", "order": 4, "type": "caption", "bbox": { "l": 195.12, "t": 660.72, "r": 306.24, "b": 648.96 }, "text": "Business-Type Activities", "attrs": { "block_label": "figure_title" } }, { "id": "p86.5", "order": 5, "type": "table", "bbox": { "l": 53.28, "t": 656.88, "r": 369.36, "b": 523.92 }, "text": "", "attrs": { "block_label": "table", "n_rows": 5, "n_cols": 5, "integrity": { "cells_checked": 17, "cells_flagged": 1, "flags": [ { "row": 0, "col": 1, "coverage": 0.33, "text": "Business- Type Activities" } ] } }, "children": [ { "id": "p86.5.1", "order": 6, "type": "table_cell", "bbox": { "l": 53.28, "t": 656.88, "r": 116.496, "b": 642.1067 }, "text": "", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1 } }, { "id": "p86.5.2", "order": 7, "type": "table_cell", "bbox": { "l": 116.496, "t": 656.88, "r": 369.36, "b": 642.1067 }, "text": "Business- Type Activities", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 4 } }, { "id": "p86.5.3", "order": 8, "type": "table_cell", "bbox": { "l": 73.70963, "t": 647.1501000000001, "r": 109.27966, "b": 633.8601 }, "text": "June 30", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.4", "order": 9, "type": "table_cell", "bbox": { "l": 151.82956, "t": 647.1501000000001, "r": 190.159721, "b": 633.8601 }, "text": "Principal", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 2, "bbox_refit": true } }, { "id": "p86.5.5", "order": 10, "type": "table_cell", "bbox": { "l": 233.83936, "t": 647.1501000000001, "r": 267.169194, "b": 633.8601 }, "text": "Interest", "attrs": { "row": 1, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.6", "order": 11, "type": "table_cell", "bbox": { "l": 296.58936, "t": 647.1501000000001, "r": 364.909558, "b": 633.8601 }, "text": "Total Payments", "attrs": { "row": 1, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.7", "order": 12, "type": "table_cell", "bbox": { "l": 80.38008, "t": 629.9001000000001, "r": 102.62008, "b": 616.6101 }, "text": "2026", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.8", "order": 13, "type": "table_cell", "bbox": { "l": 116.496, "t": 627.3333, "r": 179.712, "b": 612.56 }, "text": "$", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p86.5.9", "order": 14, "type": "table_cell", "bbox": { "l": 159.96014, "t": 629.9001000000001, "r": 204.419974, "b": 616.6101 }, "text": "1,001,552", "attrs": { "row": 2, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.10", "order": 15, "type": "table_cell", "bbox": { "l": 247.7898, "t": 629.9001000000001, "r": 283.919717, "b": 616.6101 }, "text": "$ 125,051", "attrs": { "row": 2, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.11", "order": 16, "type": "table_cell", "bbox": { "l": 319.71016, "t": 629.9001000000001, "r": 364.169994, "b": 616.6101 }, "text": "$ 1,126,603", "attrs": { "row": 2, "col": 4, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.12", "order": 17, "type": "table_cell", "bbox": { "l": 64.81966, "t": 615.6501000000001, "r": 118.16979, "b": 545.3601 }, "text": "2027\n2028\n2029\n2030\n2031 - 2035", "attrs": { "row": 3, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p86.5.13", "order": 18, "type": "table_cell", "bbox": { "l": 159.95989, "t": 615.6501000000001, "r": 204.419994, "b": 545.3601 }, "text": "1,012,400\n1,037,898\n964,814\n942,510\n1,835,663", "attrs": { "row": 3, "col": 1, "rowspan": 1, "colspan": 2, "bbox_refit": true, "merged_continuation": true } }, { "id": "p86.5.14", "order": 19, "type": "table_cell", "bbox": { "l": 247.78976, "t": 615.6501000000001, "r": 283.919877, "b": 545.3601 }, "text": "105,616\n85,506\n65,372\n47,430\n40,651", "attrs": { "row": 3, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p86.5.15", "order": 20, "type": "table_cell", "bbox": { "l": 319.70989, "t": 615.6501000000001, "r": 364.169994, "b": 545.3601 }, "text": "1,118,016\n1,123,404\n1,030,186\n989,940\n1,876,314", "attrs": { "row": 3, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p86.5.16", "order": 21, "type": "table_cell", "bbox": { "l": 78.43979, "t": 539.1501000000001, "r": 104.549713, "b": 525.8601 }, "text": "Totals", "attrs": { "row": 4, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.17", "order": 22, "type": "table_cell", "bbox": { "l": 116.496, "t": 538.6933, "r": 179.712, "b": 523.92 }, "text": "$", "attrs": { "row": 4, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p86.5.18", "order": 23, "type": "table_cell", "bbox": { "l": 159.96015, "t": 539.1501000000001, "r": 204.419984, "b": 525.8601 }, "text": "6,794,837", "attrs": { "row": 4, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.19", "order": 24, "type": "table_cell", "bbox": { "l": 247.78981, "t": 539.1501000000001, "r": 283.919727, "b": 525.8601 }, "text": "$ 469,626", "attrs": { "row": 4, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p86.5.20", "order": 25, "type": "table_cell", "bbox": { "l": 319.71017, "t": 539.1501000000001, "r": 364.170004, "b": 525.8601 }, "text": "$ 7,264,463", "attrs": { "row": 4, "col": 4, "rowspan": 1, "colspan": 1, "bbox_refit": true } } ] }, { "id": "p86.6", "order": 26, "type": "heading", "bbox": { "l": 51.84, "t": 512.88, "r": 148.32, "b": 499.68 }, "text": "B. Leases Payable", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p86.7", "order": 27, "type": "heading", "bbox": { "l": 52.08, "t": 490.8, "r": 264.72, "b": 477.6 }, "text": "Primary Government – Governmental Activities", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p86.8", "order": 28, "type": "text", "bbox": { "l": 51.12, "t": 468.48, "r": 560.4, "b": 395.04 }, "text": "As of June 30, 2025, the City had 4 active leases. The leases have payments that range from $2,138 to $216,884 and interest rates that range from 0.6320% to 2.9999%. As of June 30, 2025, the total combined value of the lease liability is $2,168,769, the total combined value of the short-term lease liability is $312,538. The combined value of the right to use assets, as of June 30, 2025 was $3,133,076 with accumulated amortization of $1,044,090. The leases had no variable payments and no other payments, not included in the lease liability, within the fiscal year." }, { "id": "p86.9", "order": 29, "type": "text", "bbox": { "l": 52.32, "t": 386.16, "r": 410.4, "b": 373.44 }, "text": "The principal and interest payments that are expected to maturity are as follows:" }, { "id": "p86.10", "order": 30, "type": "caption", "bbox": { "l": 197.52, "t": 361.2, "r": 306, "b": 349.92 }, "text": "Governmental Activities", "attrs": { "block_label": "figure_title" } }, { "id": "p86.11", "order": 31, "type": "table", "bbox": { "l": 53.76, "t": 350.64, "r": 370.32, "b": 224.4 }, "text": "", "attrs": { "block_label": "table", "n_rows": 1, "n_cols": 4, "integrity": { "cells_checked": 4, "cells_flagged": 0 } }, "children": [ { "id": "p86.11.1", "order": 32, "type": "table_cell", "bbox": { "l": 64.82033, "t": 347.6501, "r": 118.17046, "b": 226.3601 }, "text": "June 30\n2026\n2027\n2028\n2029\n2030\n2031 - 2035\nTotals", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p86.11.2", "order": 33, "type": "table_cell", "bbox": { "l": 152.58046, "t": 347.6501, "r": 205.170764, "b": 226.3601 }, "text": "Principal\n$ 312,538\n309,871\n314,848\n320,659\n214,287\n696,566\n$ 2,168,769", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p86.11.3", "order": 34, "type": "table_cell", "bbox": { "l": 234.59062, "t": 347.6501, "r": 284.670907, "b": 226.3601 }, "text": "Interest\n$ 33,242\n27,635\n21,945\n16,133\n10,193\n14,286\n$ 123,434", "attrs": { "row": 0, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p86.11.4", "order": 35, "type": "table_cell", "bbox": { "l": 297.34068, "t": 347.6501, "r": 365.660488, "b": 226.3601 }, "text": "Total Payments\n$ 345,780\n337,506\n336,793\n336,792\n224,480\n710,852\n$ 2,292,203", "attrs": { "row": 0, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } } ] }, { "id": "p86.12", "order": 36, "type": "heading", "bbox": { "l": 52.8, "t": 212.88, "r": 134.4, "b": 200.64 }, "text": "Component Unit", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p86.13", "order": 37, "type": "text", "bbox": { "l": 51.36, "t": 191.04, "r": 561.36, "b": 129.6 }, "text": "On July 1, 2021, the Corporation entered into a 444-month lease as lessee for the use of the restaurant at the Desert Willow Golf Course Clubhouse from the City. An initial lease liability was recorded in the amount of $2,636,688. As of June 30, 2025, the value of the lease liability is $2,421,537. The Corporation is required to make monthly fixed payments of $8,000. The lease has an interest rate of 1.705%. The changes in lease liability for the year ended June 30, 2025 are as follows:" }, { "id": "p86.14", "order": 38, "type": "footer", "bbox": { "l": 298.8, "t": 47.04, "r": 312.72, "b": 36 }, "text": "86", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }