|
CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF CASH FLOWS Statement 8
<br />PROPRIETARY FUNDS
<br />For The Year Ended December 31, 2019
<br />With Comparative Totals For Enterprise Funds For The Year Ended December 31, 2018
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />2019 2018
<br />Cash flows from operating activities:
<br /> Receipts from customers and users $6,164,479 $2,099,196 $218,132 $8,481,807 $8,217,103 $ -
<br /> Receipts from interfund charges for pension benefits - - - - - 620,361
<br /> Payment to suppliers (4,814,945) (1,278,754) (48,256) (6,141,955) (6,164,693)
<br /> Payment to employees (815,345) (901,907) - (1,717,252) (1,687,586) (632,213)
<br /> Miscellaneous revenue (172) 29,466 - 29,294 12,799 -
<br /> Net cash flows provided by (used in)
<br /> operating activities 534,017 (51,999) 169,876 651,894 377,623 (11,852)
<br />Cash flows from noncapital financing activities:
<br /> Transfer from General Fund - - - - - 86,300
<br /> Transfer to General Fund (250,000) - - (250,000) (250,000) -
<br /> Transfer to Debt Service Funds - - (85,000) (85,000) (123,394) -
<br />Net cash flows provided by (used in)
<br />noncapital financing activities (250,000)0 (85,000) (335,000) (373,394) 86,300
<br />Cash flows from capital and related
<br /> financing activities:
<br /> Intergovernmental revenue - capital - - - - 126,991 -
<br /> Acquisition of capital assets - - - - (203,642) -
<br /> Principal paid on debt - (130,000) - (130,000) (130,000) -
<br /> Interest paid on debt - (16,651) - (16,651) (19,274) -
<br />Net cash flows provided by (used in)
<br /> capital and related financing activities 0 (146,651)0 (146,651) (225,925)0
<br />Cash flows from investing activities:
<br /> Investment income 20,757 56,952 6,177 83,886 32,771 7,001
<br /> Net increase (decrease) in cash and cash equivalents 304,774 (141,698) 91,053 254,129 (188,925) 81,449
<br /> Cash and cash equivalents - January 1 469,542 1,803,675 97,650 2,370,867 2,559,792 159,244
<br /> Cash and cash equivalents - December 31 $774,316 $1,661,977 $188,703 $2,624,996 $2,370,867 $240,693
<br />Reconciliation of operating income (loss) to net cash
<br /> provided (used) by operating activities:
<br /> Operating income (loss) $273,721 ($633,848) ($102,086) ($462,213) ($415,510) $5,939
<br /> Adjustments to reconcile operating income (loss)
<br /> to net cash flows from operating activities:
<br /> Miscellaneous revenue (172) 29,466 - 29,294 12,565 -
<br /> Depreciation 71,110 613,335 263,164 947,609 862,940 -
<br /> Changes in assets and liabilities:
<br /> Decrease (increase) in receivables 3,611 (51,190) 11,432 (36,147) (24,733) -
<br /> Decrease (increase) in prepaid items 6,088 3,636 - 9,724 (542) -
<br /> Decrease (increase) in inventory 28,823 53,060 - 81,883 97,373 -
<br /> Decrease (increase) in deferred outflows of resources - - - - - 1,297,533
<br /> Increase (decrease) in payables 150,836 (66,458) (2,634) 81,744 (154,470) 47,012
<br /> Increase (decrease) in OPEB liability - - - - - 42,182
<br /> Increase (decrease) in net pension liability - - - - - (16,157)
<br /> Increase (decrease) in deferred inflows of resources - - - - - (1,388,361)
<br /> Total adjustments 260,296 581,849 271,962 1,114,107 793,133 (17,791)
<br /> Net cash provided by operating activities $534,017 ($51,999) $169,876 $651,894 $377,623 ($11,852)
<br />Noncash investing, capital and financing activities:
<br />Assets in the amount of $18,060 and $0 were contributed to the Liquor Fund in 2018 and 2019, respectively.
<br />Assets in the amount of $1,224,256 and $756,666 were contributed to the Water/Sewer/Water Plant Fund in 2018 and 2019, respectively.
<br />Assets in the amount of $280,362 and $1,402,512 were contributed to the Stormwater Utility Fund in 2018 and 2019, respectively.
<br />Totals
<br />Business-Type Activities Enterprise Funds
<br />The accompanying notes are an integral part of these financial statements.
<br />39
|