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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, 2017
<br />With Comparative Totals For Enterprise Funds For The Year Ended December 31, 2016
<br />Governmental
<br />Activities -
<br />Liquor
<br />Water/Sewer/
<br />Water Plant
<br />Stormwater
<br />Utility
<br />Internal Service
<br />Fund
<br />2017 2016
<br />Cash flows from operating activities:
<br /> Receipts from customers and users $5,711,338 $2,026,780 $197,242 $7,935,360 $7,961,683 $ -
<br /> Receipts from interfund charges for pension benefits - - - - - 592,685
<br /> Payment to suppliers (4,708,727) (1,006,405) (111,116) (5,826,248) (6,050,537) -
<br /> Payment to employees (770,831) (823,252) - (1,594,083) (1,515,776) (641,088)
<br /> Army settlement - - - - 130,932 -
<br /> Miscellaneous revenue 52,849 17,626 169,001 239,476 524,077 -
<br /> Net cash flows provided by (used in)
<br /> operating activities 284,629 214,749 255,127 754,505 1,050,379 (48,403)
<br />Cash flows from noncapital financing activities:
<br /> Transfer from General Fund - - - - - 86,300
<br /> Transfer to General Fund (249,060) - - (249,060) (356,396) -
<br /> Transfer to Capital Project Funds - - - - (2,604,489) -
<br /> Transfer to Debt Service Funds - - (150,000) (150,000) (170,000) -
<br />Net cash flows provided by (used in)
<br />noncapital financing activities (249,060)0 (150,000) (399,060) (3,130,885) 86,300
<br />Cash flows from capital and related
<br /> financing activities:
<br /> Intergovernmental revenue - capital - - 569,716 569,716 1,166,747 -
<br /> Acquisition of capital assets - - (596,126) (596,126) (1,180,626) -
<br /> Proceeds from sale of capital assets - - - - 1,350 -
<br /> Change in interfund loan receivable/payable - - - - 860,032 -
<br /> Principal paid on debt - (125,000) - (125,000) (115,000) -
<br /> Interest paid on debt - (21,355) - (21,355) (24,442) -
<br />Net cash flows provided by (used in)
<br /> capital and related financing activities 0 (146,355) (26,410) (172,765) 708,061 0
<br />Cash flows from investing activities:
<br /> Investment income 4,495 16,714 603 21,812 31,097 904
<br /> Net increase (decrease) in cash and cash equivalents 40,064 85,108 79,320 204,492 (1,341,348) 38,801
<br /> Cash and cash equivalents - January 1 439,441 1,830,307 85,552 2,355,300 3,696,648 67,152
<br /> Cash and cash equivalents - December 31 $479,505 $1,915,415 $164,872 $2,559,792 $2,355,300 $105,953
<br />Reconciliation of operating income (loss) to net cash
<br /> provided (used) by operating activities:
<br /> Operating income (loss) $149,832 ($184,258) ($46,893) ($81,319) $93,177 ($565,575)
<br /> Adjustments to reconcile operating income (loss)
<br /> to net cash flows from operating activities:
<br /> Miscellaneous revenue 52,849 17,626 169,001 239,476 524,077 -
<br /> Army settlement - - - - 130,932 -
<br /> Depreciation 68,064 350,861 211,271 630,196 531,127 -
<br /> Intergovernmental revenue - - - - - 24,633
<br /> Changes in assets and liabilities:
<br /> Decrease (increase) in receivables (2,662) (65,596) - (68,258) 7,596 -
<br /> Decrease (increase) in prepaid items 2,316 306 - 2,622 (3,138) -
<br /> Decrease (increase) in inventory (4,189) (74,507) - (78,696) 2,265 -
<br /> Decrease (increase) in deferred outflows of resources - - - - - 4,142,506
<br /> Increase (decrease) in payables 18,419 170,317 (78,252) 110,484 (235,657) (8,843,665)
<br /> Increase (decrease) in deferred inflows of resources - - - - - 5,193,698
<br /> Total adjustments 134,797 399,007 302,020 835,824 957,202 517,172
<br /> Net cash provided by operating activities $284,629 $214,749 $255,127 $754,505 $1,050,379 ($48,403)
<br />Noncash investing, capital and financing activities:
<br />Assets in the amount of $10,765 and $0 were contributed to the Liquor Fund in 2017 and 2016, respectively.
<br />Assets in the amount of $7,752,439 and $819,779 were contributed to the Water/Sewer/Water Plant Fund in 2017 and 2016, respectively.
<br />Assets in the amount of $236,890 and $354,268 were contributed to the Stormwater Utility Fund in 2017 and 2016, respectively.
<br />Totals
<br />Business-Type Activities Enterprise Funds
<br />The accompanying notes are an integral part of these financial statements.
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