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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, 2021
<br />With Comparative Totals For December 31, 2020
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />2021 2020
<br />Cash flows from operating activities:
<br /> Receipts from customers and users $7,259,678 $2,561,121 $212,308 $10,033,107 $9,558,751 $ -
<br /> Receipts from interfund charges for pension benefits - - - - - 676,492
<br /> Payment to suppliers (5,682,561) (1,211,729) (41,098) (6,935,388) (7,071,842) -
<br /> Payment to employees (877,805) (876,166) - (1,753,971) (1,747,112) (741,515)
<br /> Miscellaneous revenue 8,292 11,361 - 19,653 6,094 -
<br /> Net cash flows provided by (used in)
<br /> operating activities 707,604 484,587 171,210 1,363,401 745,891 (65,023)
<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 />Net cash flows provided by (used in)
<br />noncapital financing activities (250,000)0 0 (250,000) (250,000) 86,300
<br />Cash flows from capital and related
<br /> financing activities:
<br /> Acquisition of capital assets (49,273) - (229,894) (279,167) - -
<br /> Principal paid on debt - (135,000) - (135,000) (135,000) -
<br /> Interest paid on debt - (15,867) - (15,867) (14,172) -
<br />Net cash flows provided by (used in)
<br /> capital and related financing activities (49,273) (150,867) (229,894) (430,034) (149,172)0
<br />Cash flows from investing activities:
<br /> Investment income (3,467) (7,698) (747) (11,912) 45,267 (1,036)
<br /> Net increase (decrease) in cash and cash equivalents 404,864 326,022 (59,431) 671,455 391,986 20,241
<br /> Cash and cash equivalents - January 1 834,344 1,859,331 323,307 3,016,982 2,624,996 285,455
<br /> Cash and cash equivalents - December 31 $1,239,208 $2,185,353 $263,876 $3,688,437 $3,016,982 $305,696
<br />Reconciliation of operating income (loss) to net cash
<br /> provided (used) by operating activities:
<br /> Operating income (loss) $447,295 ($40,048) ($131,573) $275,674 ($194,079) $878,726
<br /> Adjustments to reconcile operating income (loss)
<br /> to net cash flows from operating activities:
<br /> Miscellaneous revenue 1,026 11,361 - 12,387 13,360 -
<br /> Depreciation 72,085 612,059 290,728 974,872 981,306 -
<br /> Changes in assets and liabilities:
<br /> Decrease (increase) in receivables 7,379 (50,194) - (42,815) (28,042) -
<br /> Decrease (increase) in prepaid items 1,867 6,748 - 8,615 (17,640) -
<br /> Decrease (increase) in inventory 96,648 14,140 - 110,788 8,132 -
<br /> Decrease (increase) in deferred outflows of resources - - - - - (2,544,611)
<br /> Increase (decrease) in payables 81,304 (69,479) 12,055 23,880 (17,146) (44,803)
<br /> Increase (decrease) in OPEB liability - - - - - 77,759
<br /> Increase (decrease) in net pension liability - - - - - (1,877,359)
<br /> Increase (decrease) in deferred inflows of resources - - - - - 3,445,265
<br /> Total adjustments 260,309 524,635 302,783 1,087,727 939,970 (943,749)
<br /> Net cash provided by (used in) operating activities $707,604 $484,587 $171,210 $1,363,401 $745,891 ($65,023)
<br />Noncash investing, capital and financing activities:
<br />Assets in the amount of $0 and $30,356 were contributed to the Liquor Fund in 2021 and 2020, respectively.
<br />Assets in the amount of $1,002,344 and $7,006 were contributed to the Water/Sewer/Water Plant Fund in 2021 and 2020, respectively.
<br />Assets in the amount of $384,925 and $0 were contributed to the Stormwater Utility Fund in 2021 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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