|
<br /> I
<br /> CITY OF ELK RIVER, MINNESOTA I
<br /> STATEMENT OF CASH FLOWS
<br /> PROPRIETARY FUNDS
<br /> YEAR ENDED DECEMBER 31,2005 I
<br /> Municipal I
<br /> Liquor Garbage Sewer
<br />CASH FLOWS FROM OPERATING ACTIVITIES
<br />Receipts from customers and users $ 4,801,197 $ 1,048,024 $ 2,405,326 I
<br />Other operating cash receipts 4,520 9,255 11 ,631
<br />Payments to suppliers (4,073,944) (1,041,013) (300,413)
<br />Payments to employees (340,037) (6,361) (240,608)
<br />Net cash provided by operating activities 391,736 9,905 1,875,936 I
<br />CASH FLOWS FROM NONCAPITAL
<br />FINANCING ACTIVITIES I
<br />Transfers from other funds 3,480
<br />Transfers to other funds (233,300) (33,030)
<br />Increase (decrease) in due to other funds I
<br />Increase in due to other governments
<br />Net cash provided (used) by
<br />non capital financing activities (233,300) 3,480 (33,030) I
<br />CASH FLOWS FROM CAPITAL AND
<br />RELATED FINANCING ACTMTIES
<br />Acquisition of capital assets (1,654,871) (1,211,165) I
<br />Principal paid on capital debt (480,000) (115,000)
<br />Proceeds of revenue bonds 1,196,000 1,635,796
<br />Interest paid on capital debt (22,741) (101,736) I
<br />Principal paid on promissory note
<br />Proceeds from sale of capital assets 54,607
<br />Net cash provided (used) by I
<br />capital and related fmancing activities (961,612) 262,502
<br />CASH FLOWS FROM INVESTING ACTMTIES
<br />Interest received 47,034 2,012 134,261 I
<br />Net increase (decrease) in cash and cash equivalents (756,142) 15,397 2,239,669
<br />Cash and cash equivalents, January 1 2,437,357 77 ,234 5,153,879 I
<br />Cash and cash equivalents, December 31 $ 1,681,215 $ 92,631 $ 7,393,548 I
<br />Reconciliation of cash and cash equivalents I
<br />to the Balance Sheet:
<br />Cash and investments $ 1,681,215 $ 92,631 $ 5,759,869
<br />Restricted cash and investments
<br />Cash with fiscal agent 1,633,679 I
<br />Total cash and cash equivalents $ 1,681,215 $ 92,631 $ 7,393,548
<br />The notes to the fmancial statements are an integral part of this statement. I
<br /> 29 I
<br />
|