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CITY OF ELK RIVER
<br /> STATEMENT OF CASH FLOWS (CONTINUED)
<br /> PROPRIETARY FUNDS
<br /> YEAR ENDED DECEMBER 31, 2016
<br /> Municipal
<br /> Liquor Sewer Garbage Storm Water
<br /> RECONCILIATION OF OPERATING INCOME(LOSS)TO NET
<br /> CASH PROVIDED(USED)BY OPERATING ACTIVITIES
<br /> Operating Income(Loss) $ 945,652 $ (291,543) $ (132,127) $ (164,285)
<br /> Adjustments to Operating Income(Loss):
<br /> Other Revenue Related to Operations - - -
<br /> NonCash Expenses Included in Net Income:
<br /> Depreciation 121,100 983,689 447,535
<br /> Change in Assets, Deferred Outflows, Liabilities,
<br /> and Deferred Inflows:
<br /> (Increase)Decrease in:
<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 /> NONCASH TRANSACTIONS
<br /> Capital Contribution to Governmental Activities $ - $ - $ - $ (99,553)
<br /> See accompanying Notes to Basic Financial Statements.
<br /> (34)
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