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CITY OF PLEASANTON <br />NOTES TO BASIC FINANCIAL STATEMENTS <br />FOR THE YEAR ENDED JUNE 30, 2022 <br />Note 9: Investment in Joint Ventures and Membership in Insurance Pool (Continued) <br />The City’s portion of financial information of the LPFD for the fiscal year ended <br />June 30, 2021 was summarized as follows: <br />Total <br />Assets <br />Current 6,498,893$ <br />Noncurrent 603,945 <br />Total assets 7,102,838 <br />Deferred outflows of resources <br />Related to pensions 6,228,103 <br />Related to OPEB 1,596,500 <br />Total deferred outflows of resources 7,824,603 <br />Liabilities <br />Current 2,850,436 <br />Noncurrent: <br />Other long-term liabilities 4,393,605 <br />Net pension liability 41,967,417 <br />Net OPEB liability 8,060,000 <br />Total Liabilities 57,271,458 <br />Deferred inflows of resources <br />Related to pensions 684,818 <br />Related to OPEB 1,186,000 <br />Total deferred inflows of resources 1,870,818 <br />Net position (44,214,835)$ <br />Revenues 23,138,345$ <br />Expenses 23,087,401 <br />50,945 <br />Net position - beginning of the year (44,265,779) <br />Net position - end of the year (44,214,835)$ <br />The City records its share of earnings and losses in the Livermore-Pleasanton <br />Fire Department Custodial Fund and the carrying value of the City's investment in LPFD <br />is recorded in the Statement of Net Position as "Net Deficit in LPFD”. The information <br />related to pension and OPEB are of measurement date June 30, 2020. Financial statements <br />for LPFD may be obtained from the City of Livermore at 1052 South Livermore Avenue, <br />Livermore, California 94550. <br />90