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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, 2022
<br />With Comparative Totals For December 31, 2021
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />2022 2021
<br />Cash flows from operating activities:
<br /> Receipts from customers and users $7,037,715 $2,634,108 $212,543 $9,884,366 $10,033,107 $ -
<br /> Receipts from interfund charges for pension benefits - - - - - 718,239
<br /> Payment to suppliers (5,766,121) (1,284,280) (105,720) (7,156,121) (6,935,388) -
<br /> Payment to employees (829,017) (946,817) - (1,775,834) (1,753,971) (783,284)
<br /> Miscellaneous revenue 893 22,482 1,500 24,875 19,653 -
<br /> Net cash flows provided by (used in)
<br /> operating activities 443,470 425,493 108,323 977,286 1,363,401 (65,045)
<br />Cash flows from noncapital financing activities:
<br /> Transfer from General Fund - - 30,535 30,535 - 86,300
<br /> Transfer to General Fund (275,000) - - (275,000) (250,000) -
<br />Net cash flows provided by (used in)
<br />noncapital financing activities (275,000)0 30,535 (244,465) (250,000) 86,300
<br />Cash flows from capital and related
<br /> financing activities:
<br /> Acquisition of capital assets - - (12,139) (12,139) (279,167) -
<br /> Proceeds from disposal of capital assets - - 1,400 1,400 - -
<br /> Transfer to project Fund - - (161,903) (161,903) - -
<br /> Principal paid on debt - (140,000) - (140,000) (135,000) -
<br /> Interest paid on debt - (7,975) - (7,975) (15,867) -
<br />Net cash flows provided by (used in)
<br /> capital and related financing activities 0 (147,975) (172,642) (320,617) (430,034)0
<br />Cash flows from investing activities:
<br /> Investment income (27,752) (51,770) (6,350) (85,872) (11,912) (7,377)
<br /> Net increase (decrease) in cash and cash equivalents 140,718 225,748 (40,134) 326,332 671,455 13,878
<br /> Cash and cash equivalents - January 1 1,239,208 2,185,353 263,876 3,688,437 3,016,982 305,696
<br /> Cash and cash equivalents - December 31 $1,379,926 $2,411,101 $223,742 $4,014,769 $3,688,437 $319,574
<br />Reconciliation of operating income (loss) to net cash
<br /> provided (used) by operating activities:
<br /> Operating income (loss) $476,703 ($217,843) ($197,061) $61,799 $275,674 ($483,542)
<br /> Adjustments to reconcile operating income (loss)
<br /> to net cash flows from operating activities:
<br /> Miscellaneous revenue 893 22,482 1,500 24,875 12,387 -
<br /> Depreciation 80,142 650,240 311,985 1,042,367 974,872 -
<br /> Changes in assets and liabilities:
<br /> Decrease (increase) in receivables (3,082) (41,056) (5,625) (49,763) (42,815) -
<br /> Decrease (increase) in prepaid items (6,552) (711) - (7,263) 8,615 -
<br /> Decrease (increase) in inventory (44,956) 778 - (44,178) 110,788 -
<br /> Decrease (increase) in deferred outflows of resources - - - - - (3,901,673)
<br /> Increase (decrease) in payables (59,678) 11,603 (2,476) (50,551) 23,880 (23,186)
<br /> Increase (decrease) in OPEB liability - - - - - 315,320
<br /> Increase (decrease) in net pension liability - - - - - 9,732,245
<br /> Increase (decrease) in deferred inflows of resources - - - - - (5,704,209)
<br /> Total adjustments (33,233) 643,336 305,384 915,487 1,087,727 418,497
<br /> Net cash provided by (used in) operating activities $443,470 $425,493 $108,323 $977,286 $1,363,401 ($65,045)
<br />Noncash investing, capital and financing activities:
<br />Assets in the amount of $845,081 and $1,002,344 were contributed to the Water/Sewer/Water Plant Fund in 2022 and 2021, respectively.
<br />Assets in the amount of $311,250 and $384,925 were contributed to the Stormwater Utility Fund in 2022 and 2021, 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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