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See notes to basic financial statements. 52
<br />Municipal
<br />Liquor Sewer Garbage Storm Water
<br />Cash Flows - Operating Activities
<br />Receipts from customers and users 8,631,673$ 2,955,780$ 1,964,435$ 674,854$
<br />Payments to suppliers (6,532,500) (1,867,959) (1,699,236) (93,929)
<br />Payments to employees (1,173,876) (817,610) (36,949) -
<br />Other operating receipts - - - -
<br />Net cash flows - operating activities 925,297 270,211 228,250 580,925
<br />Cash Flows - Noncapital
<br /> Financing Activities
<br />Borrowing (payments) on
<br /> interfund balances - 10,360 (3,974) (3,413)
<br />Transfer from other funds 9,682 640,795 - -
<br />Transfer to other funds (1,250,000) (175,000) (58,000) (175,000)
<br />Net cash flows - noncapital
<br /> financing activities (1,240,318) 476,155 (61,974) (178,413)
<br />Cash Flows - Capital and Related
<br /> Financing Activities
<br />Special assessments received - (101,052) (282) 7
<br />Connection charges collected - 831,976 - -
<br />Principal paid on bonds - (520,000) - -
<br />Interest paid on debt (373) (83,211) - -
<br />Principal paid on leases (14,924) (19,307) - -
<br />Proceeds from sale of capital assets 10,781 15,716 - -
<br />Acquisition of capital assets - - - -
<br />Net cash flows - capital and related
<br /> financing activities (4,516) 124,122 (282) 7
<br />Cash Flows - Investing Activities
<br />Interest and dividends received 190,829 425,571 30,639 72,669
<br />Net change in cash and cash equivalents (128,708) 1,296,059 196,633 475,188
<br />Cash and Cash Equivalents
<br />3,526,983 8,853,336 802,786 1,921,645
<br />3,398,275$ 10,149,395$ 999,419$ 2,396,833$
<br />City of Elk River
<br />Statement of Cash Flows - Proprietary Funds
<br />Year Ended December 31, 2024
<br />December 31
<br />January 1
<br />Business-Type Activities - Enterprise Funds
<br />Page 242 of 637
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