Laserfiche WebLink
<br />See notes to basic financial statements. 54 <br />Municipal <br />Liquor Sewer Garbage Storm Water <br />Reconciliation of Operating <br /> Income (Loss) to Net Cash Flows - <br /> Operating Activities <br />Operating income (loss)779,675$ (1,488,909)$ 226,193$ 128,536$ <br />Adjustments to reconcile operating <br />income (loss) to net cash flows - <br />operating activities <br />Other revenues - - - - <br />Bad debt expense - - - - <br />Depreciation/amortization expense 63,737 1,708,674 - 481,076 <br />Pension expense (21,715) (33,448) (7,279) - <br />Accounts receivable - (5,993) - - <br />Special assessments receivable - - - - <br />Lease receivable - - - - <br />Other receivables - - - - <br />Prepaid items - - - - <br />Inventory 87,758 - - - <br />Accounts payable (4,737) 65,873 10,935 (28,687) <br />Contracts and deposits payable - - - - <br />Due to other governmental units 2,797 (10) - - <br />Salaries and benefits payable 4,009 5,933 (1,599) - <br />Unearned revenue 337 - - - <br />OPEB expense (1,083) (945) - - <br />Compensated absences payable 14,519 19,036 - - <br />Deferred lease resources - - - - <br />Total adjustments 145,622 1,759,120 2,057 452,389 <br />Net cash flows <br /> - operating activities 925,297$ 270,211$ 228,250$ 580,925$ <br />Supplemental Schedule of <br /> Noncash Capital and Related <br /> Financing Activities <br />Contributions of capital assets -$ 356,602$ -$ -$ <br />Gain (Loss) on disposal of capital assets 135 1,878 - - <br />Book value of disposed capital assets 20,873 27,135 - - <br />Capital assets purchased on account - - - - <br />Amortization of bond premium - 2,461 - - <br />Business-Type Activities - Enterprise Funds <br />City of Elk River <br />Statement of Cash Flows - Proprietary Funds <br />Year Ended December 31, 2024 <br /> <br />Page 244 of 637