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CITY OF LINO LAKES, MINNESOTA
<br />ENTERPRISE FUNDS
<br />COMBINING STATEMENT OF CASH FLOWS
<br />For The Year Ended December 31, 2000
<br />With Comparative Totals For The Year Ended December 31, 1999
<br />Statement 17
<br />Totals
<br />Water Sewer 2000 1999
<br />Cash flows from operating activities:
<br />Operating income $ (64,328) $ (87,295) $ (151,623) $ (176,549)
<br />Adjustments to reconcile operating income to
<br />net cash flows from operating activities:
<br />Depreciation 287,967 321,416 609,383 515,350
<br />Change in assets and liabilities:
<br />Decrease (increase) in receivables 14,983 (8,642) 6,341 42,116
<br />Decrease (increase) in prepaid items (2,225) 304 (1,921) 31,079
<br />Increase (decrease) in payables 35,360 26,332 61,692 29,498
<br />Net cash flows from operating activities 271,757 252,115 523,872 441,494
<br />Cash flows from noncapital financing activities:
<br />Operating transfer from General Fund - 49,366
<br />Operating transfer from Capital Project Funds 320,509 320,509 -
<br />Net cash flows from noncapital financing activities 320,509 320,509 49,366
<br />Cash flows from capital and related financing activities:
<br />Principal paid on revenue bonds (210,000) (210,000) (205,000)
<br />Proceeds from issuance of refunding bonds 680,000
<br />Investment with escrow agent 2,528 - 2,528 (652,895)
<br />Collection of special assessments 26,244 9,266 35,510 42,010
<br />Interest and paying agent fees on revenue bonds (237,612) - (237,612) (230,800)
<br />Acquisition of fixed assets (2,647) (28,354) (31,001) (43,423)
<br />Net cash tows from capital and related financing activities (421,487) (19,088) (440,575) (410,108)
<br />Cash flows from investing activities:
<br />Interest on investments
<br />30,572 40,166 70,738 14,668
<br />Net increase (decrease) in cash and cash equivalents 201,351 273,193 474,544 95,420
<br />Cash and cash equivalents - January 1 165,338 638,748 804,086 708,666
<br />Cash and cash equivalents - December 31 $ 366,689 $ 911,941 $ 1,278,630 $ 804,086
<br />- Water lines in the amount of $574,762 were contributed to the Water Fund in 2000.
<br />- Sewer lines in the amount of $658,505 were contributed to the Sewer Fund in 2000.
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