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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, 2020
<br />With Comparative Totals For December 31, 2019
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />2020 2019
<br />Cash flows from operating activities:
<br /> Receipts from customers and users $7,016,295 $2,331,796 $210,660 $9,558,751 $8,481,807 $ -
<br /> Receipts from interfund charges for pension benefits - - - - - 673,518
<br /> Payment to suppliers (5,870,874) (1,119,853) (81,115) (7,071,842) (6,141,955)
<br /> Payment to employees (850,748) (896,364) - (1,747,112) (1,717,252) (719,754)
<br /> Miscellaneous revenue 2,228 3,166 700 6,094 29,294 -
<br /> Net cash flows provided by (used in)
<br /> operating activities 296,901 318,745 130,245 745,891 651,894 (46,236)
<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) -
<br />Net cash flows provided by (used in)
<br />noncapital financing activities (250,000)0 0 (250,000) (335,000) 86,300
<br />Cash flows from capital and related
<br /> financing activities:
<br /> Principal paid on debt - (135,000) - (135,000) (130,000) -
<br /> Interest paid on debt - (14,172) - (14,172) (16,651) -
<br />Net cash flows provided by (used in)
<br /> capital and related financing activities 0 (149,172)0 (149,172) (146,651)0
<br />Cash flows from investing activities:
<br /> Investment income 13,127 27,781 4,359 45,267 83,886 4,698
<br /> Net increase (decrease) in cash and cash equivalents 60,028 197,354 134,604 391,986 254,129 44,762
<br /> Cash and cash equivalents - January 1 774,316 1,661,977 188,703 2,624,996 2,370,867 240,693
<br /> Cash and cash equivalents - December 31 $834,344 $1,859,331 $323,307 $3,016,982 $2,624,996 $285,455
<br />Reconciliation of operating income (loss) to net cash
<br /> provided (used) by operating activities:
<br /> Operating income (loss) $383,739 ($420,900) ($156,918) ($194,079) ($462,213) $307,509
<br /> Adjustments to reconcile operating income (loss)
<br /> to net cash flows from operating activities:
<br /> Miscellaneous revenue 9,494 3,166 700 13,360 29,294 -
<br /> Depreciation 70,859 619,233 291,214 981,306 947,609 -
<br /> Changes in assets and liabilities:
<br /> Decrease (increase) in receivables (6,945) (21,097) - (28,042) (36,147) -
<br /> Decrease (increase) in prepaid items (8,566) (9,074) - (17,640) 9,724 -
<br /> Decrease (increase) in inventory (96,556) 104,688 - 8,132 81,883 -
<br /> Decrease (increase) in deferred outflows of resources - - - - - 856,188
<br /> Increase (decrease) in payables (55,124) 42,729 (4,751) (17,146) 81,744 (23,988)
<br /> Increase (decrease) in OPEB liability - - - - - (231,626)
<br /> Increase (decrease) in net pension liability - - - - - 770,104
<br /> Increase (decrease) in deferred inflows of resources - - - - - (1,724,423)
<br /> Total adjustments (86,838) 739,645 287,163 939,970 1,114,107 (353,745)
<br /> Net cash provided by operating activities $296,901 $318,745 $130,245 $745,891 $651,894 ($46,236)
<br />Noncash investing, capital and financing activities:
<br />Assets in the amount of $0 and $30,356 were contributed to the Liquor Fund in 2019 and 2020, respectively.
<br />Assets in the amount of $756,666 and $7,006 were contributed to the Water/Sewer/Water Plant Fund in 2019 and 2020, respectively.
<br />Assets in the amount of $1,402,512 and $0 were contributed to the Stormwater Utility Fund in 2019 and 2020, 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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