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CITY OF ELK RIVER
<br />STATEMENT OF CASH FLOWS (CONTINUED)
<br />PROPRIETARY FUNDS
<br />YEAR ENDED DECEMBER 31, 2016
<br />RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
<br />CASH PROVIDED (USED) BY OPERATING ACTIVITIES
<br />Operating Income (Loss)
<br />Adjustments to Operating Income (Loss):
<br />Other Revenue Related to Operations
<br />Non -Cash Expenses Included in Net Income:
<br />Depreciation
<br />Change in Assets, Deferred Outflows, Liabilities,
<br />and Deferred Inflows:
<br />(Increase) Decrease in:
<br />Municipal
<br />Liquor Sewer Garbage Storm Water
<br />$ 945,652 $ (291,543) $ (132,127) $ (164,285)
<br />121,100 983,689 447,535
<br />Accounts Receivable (39,194) 3,955 (1,322)
<br />Prepaid Items -
<br />Inventory (26, 905) -
<br />Due from Other Funds (15,604) (754) (1,061)
<br />Due from Other Governmental Units 114,521 -
<br />Deferred Outflows Related to Pensions (176,136) (138,236) (5,716) (19,987)
<br />Increase (Decrease)in:
<br />Accounts Payable 234,459 44,185 (1,787) 5,404
<br />Accrued Salaries Payable 4,080 3,538 145 457
<br />Due to Other Funds - (494) (749) (867)
<br />Due to Other Governmental Units 3,434 - - -
<br />Deposits Payable - -
<br />Unearned Revenue (186) - -
<br />Compensated Absences Payable 4,355 4,588 2,771
<br />Other Postemployment Benefits 4,999 4,999 - 833
<br />Net Pension Liability 190,221 180,696 2,654 23,089
<br />Deferred Inflows Related to Pensions (12,842) (1,562) (1,370) (1,050)
<br />Net Cash Provided (Used) by Operating Activities $ 1,292,231 $ 849,583 $ (135,749) $ 291,517
<br />See accompanying Notes to Basic Financial Statements.
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