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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF CASH FLOWS Statement 8
<br />PROPRIETARY FUNDS
<br />For The Year Ended December 31, 2015
<br />With Comparative Totals For Enterprise Funds For The Year Ended December 31, 2014
<br />Governmental
<br />Activities -
<br />Liquor
<br />Water/Sewer/
<br />Water Plant
<br />Stormwater
<br />Utility
<br />Internal Service
<br />Fund
<br />2015 2014
<br />Cash flows from operating activities:
<br /> Receipts from customers and users $5,880,682 $1,828,075 $ - $7,708,757 $7,834,768 $ -
<br /> Receipts from interfund charges for pension benefits - - - - - 596,897
<br /> Payment to suppliers (5,027,651) (994,002) - (6,021,653) (6,350,037) -
<br /> Payment to employees (714,050) (790,880) - (1,504,930) (1,432,850) (652,793)
<br /> Payment to other funds for services provided
<br /> Miscellaneous revenue 72,273 16,211 - 88,484 61,444 -
<br /> Net cash flows provided by (used in)
<br /> operating activities 211,254 59,404 0 270,658 113,325 (55,896)
<br />Cash flows from noncapital financing activities:
<br /> Transfer from other funds - - - - 15,645 86,300
<br /> Transfer to General Fund (249,049) (185,564) - (434,613) (264,244) -
<br /> Transfer to Capital Project Funds - - - - (231,200) -
<br /> Intergovernmental revenue - - - - - 24,930
<br /> Change in interfund receivable/payable - - - - - -
<br />Net cash flows provided by (used in)
<br />noncapital financing activities (249,049) (185,564) 0 (434,613) (479,799) 111,230
<br />Cash flows from capital and related
<br /> financing activities:
<br /> Acquisiton of capital assets - (215,987) - (215,987) (30,937) -
<br /> Change in interfund loan receivable/payable - 5,620 - 5,620 11,195 -
<br /> Interest received on interfund receivable - 41,328 - 41,328 41,623 -
<br /> Principal paid on debt - (115,000) - (115,000) (110,000) -
<br /> Interest paid on debt - (26,192) - (26,192) (28,383) -
<br />Net cash flows provided by (used in)
<br /> capital and related financing activities 0 (310,231) 0 (310,231) (116,502) 0
<br />Cash flows from investing activities:
<br /> Investment income 4,014 41,065 - 45,079 69,889 576
<br /> Net increase (decrease) in cash and cash equivalents (33,781) (395,326) 0 (429,107) (413,087) 55,910
<br /> Cash and cash equivalents - January 1 461,439 3,664,316 - 4,125,755 4,538,842 26,972
<br /> Cash and cash equivalents - December 31 $427,658 $3,268,990 $0 $3,696,648 $4,125,755 $82,882
<br />Reconciliation of operating income (loss) to net cash
<br /> provided (used) by operating activities:
<br /> Operating income (loss) $173,644 ($223,626) $ - ($49,982) ($132,340) ($168,733)
<br /> Adjustments to reconcile operating income (loss)
<br /> to net cash flows from operating activities:
<br /> Miscellaneous revenue 72,273 16,211 - 88,484 61,444 -
<br /> Depreciation 75,658 308,359 - 384,017 365,521 -
<br /> Changes in assets and liabilities:
<br /> Decrease (increase) in receivables (13,230) (25,905) - (39,135) (43,520) -
<br /> Decrease (increase) in prepaid items 451 (2,338) - (1,887) (3,126) -
<br /> Decrease (increase) in inventory 24,237 - - 24,237 (72,202) -
<br /> Decrease (increase) in deferred outflows of resources - - - - - (765,640)
<br /> Increase (decrease) in payables (121,779) (13,297) - (135,076) (62,452) 117,576
<br /> Increase (decrease) in deferred inflows of resources - - - - - 760,901
<br /> Total adjustments 37,610 283,030 0 320,640 245,665 112,837
<br /> Net cash provided by operating activities $211,254 $59,404 $0 $270,658 $113,325 ($55,896)
<br />Noncash investing, capital and financing activities:
<br />Liquor assets in the amount of $0 and $7,125 were contributed to the Water and Sewer Fund in 2015 and 2014, respectively.
<br />Water and Sewer System assets in the amount of $677,200 and $490,656 were contributed to the Water/Sewer/Water Plant Fund in 2015 and 2014, respectively.
<br />Stormwater assets in the amount of $5,630,928 and $0 were contributed to the Stornwater Utility Fund in 2015 and 2014, respectively.
<br />Stormwater fund had noncash transfer in of $179,701, representing receivables and payables balances in 2015.
<br />Totals
<br />Business-Type Activities Enterprise Funds
<br />The accompanying notes are an integral part of these financial statements.
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